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Milwaukee Urban Strategic Investment Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391864684 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Milwaukee Urban Strategic Investment Corp?

Milwaukee Urban Strategic Investment Corp (MUSIC) is a nonprofit organization situated in Milwaukee, Wisconsin. Its primary mission is to combat urban issues such as deterioration, poverty, low educational achievement, juvenile delinquency, criminality, and population loss in the greater Milwaukee area. To achieve this goal, MUSIC engages in various activities, including the development, maintenance, and management of the Library Hill Housing Project, known as Westown, in Milwaukee's downtown area. This project aims to improve the stability, safety, and desirability of the residential and commercial sector. Additionally, MUSIC manages the 2835 Kilbourn Housing Project located in Milwaukee, addressing the urban challenges facing the wider community.


Is Milwaukee Urban Strategic Investment Corp legitimate?

Milwaukee Urban Strategic Investment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Urban Strategic Investment Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Milwaukee Urban Strategic Investment Corp?
Who is the CEO of Milwaukee Urban Strategic Investment Corp?
What is the revenue of Milwaukee Urban Strategic Investment Corp?
Who are the executives of Milwaukee Urban Strategic Investment Corp and what are their salaries?
Where can I find the form 990 for Milwaukee Urban Strategic Investment Corp?

Mission Statement of Milwaukee Urban Strategic Investment Corp

Milwaukee Urban Strategic Investment Corp, often abbreviated as MUSIC, is a nonprofit organization with a mission to combat urban deterioration, poverty, low educational achievement, juvenile delinquency, criminality, and population loss in the greater Milwaukee, Wisconsin area. This nonprofit aims to address these challenges not only for individuals but also for businesses within the community.

One of the ways MUSIC fulfills its mission is through its involvement in the Library Hill Housing Project in the Downtown area of Milwaukee, commonly known as Westown. The organization works to ensure the stability, safety, and residential and commercial desirability of this area, recognizing that urban conditions can impact the entire greater Milwaukee community.

In addition to the Library Hill Housing Project, MUSIC is also responsible for the acquisition, maintenance, and management of the 2835 Kilbourn Housing Project located in Milwaukee, Wisconsin. By managing these housing projects, MUSIC contributes to the overall improvement of the community and works towards combating the challenges it faces.

Impact

This information is meant to be a general summary of Milwaukee Urban Strategic Investment Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Milwaukee Urban Strategic Investment Corp's impact can be seen in its mission to combat urban deterioration, poverty, low educational achievement, juvenile delinquency, criminality, and loss of population in the Greater Milwaukee, Wisconsin area. Through activities such as the construction, maintenance, and management of housing projects like Library Hill and 2835 Kilbourn, this organization contributes to the stability, safety, and desirability of the Westown area in downtown Milwaukee. By addressing urban conditions and providing housing solutions, Milwaukee Urban Strategic Investment Corp plays a significant role in enhancing the quality of life for residents and businesses in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $486,179
  • Program Service Revenue: $3,495,449
  • Gross Receipts: $3,981,628

    • Assets and Liabilities:
  • Total Assets: $21,147,272
  • Total Liabilities: $22,630,142
  • Net Assets: -$1,482,870
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME - RESIDE

    Revenue

    $3,188,724

    PARKING INCOME

    Revenue

    $247,891

    RENTAL INCOME - COMMER

    Revenue

    $56,555

    STORAGE INCOME

    Revenue

    $2,279

    Organization Details

    Founding Year

    1996

    Principal Officer

    Pat O'Brien

    Main Address

    275 W WISCONSIN AVENUE 220, MILWAUKEE, WI, 53203

    NTEE Category

    Code: S310 - Community improvement

    If you are a representative of Milwaukee Urban Strategic Investment Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.