EIN 39-1864684

Milwaukee Urban Strategic Investment Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1996
Most recent tax filings
2023-12-01
Description
Milwaukee Urban Strategic Investment Corporation combats urban deterioration, poverty, low educational achievement, juvenile delinquency, criminality and loss of population (both individuals and businesses) in the greater Milwaukee, Wisconsin area. One of its activities is making strategic investments that promote the stability, safety, and residential and commercial desirability of affected neighborhoods throughout the community.
Also known as...
Partnership To Develop Westown
Total revenues
$4,640,996
2023
Total expenses
$3,337,542
2023
Total assets
$21,999,381
2023
Num. employees
0
2023

Program areas at Milwaukee Urban Strategic Investment Corporation

The purposes of this organization are to combat Urban deterioration, poverty, low educational achievement, juvenile delinquency, criminality and loss of population (both individuals and businesses) in the greater Milwaukee, Wisconsin area. One of its activities is the construction, maintenance and management of the library hill housing project in the downtown area of Milwaukee known as "westown," the stability, safety and residential and commercial desirability of which are affected by Urban conditions throughout the greater Milwaukee community. Another activity was the acquisition, maintenance and management of the 2835 kilbourn housing project located in Milwaukee, Wisconsin which was sold in february 2023.
To make Strategic investments that promote the stability, safety and residential and commercial desirability of the neighborhoods which are affected by Urban conditions throughout the greater Milwaukee community.

Grants made by Milwaukee Urban Strategic Investment Corporation

GranteeGrant descriptionAmount
Bublr BIKESHARETo Support the Overall Project.$20,000

Personnel at Milwaukee Urban Strategic Investment Corporation

NameTitleCompensation
Craig KammholzTreasurer$0
Kathy McLeesChief Information Officer
Shelley JurewiczChief Fabricating Officer / Executive Director , Fab Wisconsin
Jane BackesShareholder Relations Officer
Corry Joe BiddleVice President of Community Affairs , Mmac and Executive Director , Fuel Milwaukee | 414 and 287 - 4137 / Vice President of Community Affairs and Executive Director , Fuel
...and 19 more key personnel

Financials for Milwaukee Urban Strategic Investment Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$3,236,634
Investment income and dividends$463,342
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$923,645
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$17,375
Total revenues$4,640,996

Form 990s for Milwaukee Urban Strategic Investment Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990View PDF
2022-122023-08-18990View PDF
2021-122022-11-08990View PDF
2020-122021-10-26990View PDF
2019-122021-02-24990View PDF
...and 10 more Form 990s
Data update history
April 20, 2024
Updated personnel
Identified 1 new personnel
October 11, 2023
Updated personnel
Identified 1 new personnel
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
275 W Wisconsin Ave 220
Milwaukee, WI 53203
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
mmac.org/ 
Phone
(414) 287-4163
IRS details
EIN
39-1864684
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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