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Milwaukee Development Corporation

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

EIN: 930828687 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Milwaukee Development Corporation?

The Milwaukee Development Corporation, based in Milwaukee, Wisconsin, serves as a catalyst for regional economic development through strategic real estate projects and collaborative partnerships with public and private organizations. Their mission encompasses promoting community interest in a strong, vibrant, and aesthetically appealing Greater Milwaukee community. To achieve this goal, they undertake studies, surveys, and planning efforts for potential land and space usage, focusing on business, residential, and recreational activities. They actively encourage and support cooperative planning and investment initiatives among government agencies, academic institutions, and private enterprises for the benefit of the Greater Milwaukee area. The organization employs a team of seven individuals dedicated to these endeavors.


Official website here: www.none

Is Milwaukee Development Corporation legitimate?

Milwaukee Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Development Corporation 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: $475,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,518

For more financial information, click here


Official website here: www.none

What is the mission statement of Milwaukee Development Corporation?

The Milwaukee Development Corporation is dedicated to fostering a thriving and economically robust greater community. They instigate, implement, and promote activities that support the general community interest in a vibrant and aesthetically exciting environment. The organization undertakes studies, surveys, and planning initiatives to consider alternative land and space uses for business, residential, and recreational activities. Milwaukee Development Corporation actively encourages, supports, and participates in cooperative planning and investment efforts involving government agencies, academic institutions, and private enterprises. Their ultimate goal is to create a strong and economically viable community.


Official website here: www.none

Who is the CEO of Milwaukee Development Corporation?

Patrick O'Brien is the Director of Milwaukee Development Corporation.


Official website here: www.none

What is the revenue of Milwaukee Development Corporation?

Milwaukee Development Corporation's revenue in 2022 was $23,219,043.


Official website here: www.none

Who are the executives of Milwaukee Development Corporation and what are their salaries?

The average compensation at Milwaukee Development Corporation during 2022 was $114,352. There are 7 employees and 11 volunteers at Milwaukee Development Corporation.

Here are 15 key members and their salaries:

    Timothy Sheehy (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $498,128
  • Other: $41,686

    • D Patrick O'Brien (President) [Trustee/Director]
  • Compensation: $319,067
  • Related: $0
  • Other: $40,191

    • Craig Kammholz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $151,619
  • Other: $44,673

    • James Paetsch (Vice President (Former))
  • Compensation: $165,432
  • Related: $0
  • Other: $10,824

    • John Kissinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hatch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica-Nicole Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rolando Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank J Krejci (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Chernof (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Mandel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Hillis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Stearns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Tennessen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Milwaukee Development Corporation?

    The Milwaukee Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Milwaukee Development Corporation

    Milwaukee Development Corporation (MDC) is an influential organization that plays a pivotal role in fostering the economic growth and community development of the greater Milwaukee area. With a vision to strengthen the community, MDC instigates, implements, and promotes activities that contribute to a vibrant, aesthetically appealing, and economically viable Milwaukee.

    To fulfill its mission, MDC undertakes various initiatives. It conducts studies and surveys to evaluate alternative land and space uses for diverse business, residential, and recreational activities. By encouraging, supporting, and participating in cooperative planning and investment efforts among government agencies, academic institutions, and private enterprises, MDC strives to create a strong, cohesive community.

    In pursuit of its goals, the Milwaukee Development Corporation assumes a multifaceted role within the community. It acts as a catalyst, driving projects that benefit the region as a whole. Through its actions, MDC aims to enrich the lives of Milwaukee's residents and businesses, fostering a strong sense of pride and investment in the community.

    Impact

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




    Thursday, August 15, 2024

    Milwaukee Development Corporation has had a significant impact on regional economic development in Milwaukee. By promoting economic development through catalytic real estate developments and regional business retention, expansion, and attraction, the organization has played a crucial role in fostering a strong and economically viable Greater Milwaukee community. Through partnerships with both public and private like-minded organizations, Milwaukee Development Corporation has instigated, implemented, and participated in activities aimed at supporting the general community interest and creating a vibrant and aesthetically exciting environment for residents and businesses alike. Their efforts to develop studies, surveys, and plans for alternative land and space use, as well as their encouragement and support for cooperative planning and investment efforts, have contributed to the improvement and growth of 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: $114,318
  • Program Service Revenue: $206,343
  • Gross Receipts: $23,223,309

    • Assets and Liabilities:
  • Total Assets: $4,444,230
  • Total Liabilities: $20,711
  • Net Assets: $4,423,519
  • Programs

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

    SERVICE TO MUSIC

    Revenue

    $121,843

    KENILWORTH - ECONOMIC DEVELOPMENT

    Revenue

    $84,500

    Organization Details

    Founding Year

    2003

    Principal Officer

    Patrick O'Brien

    Main Address

    275 W WISCONSIN AVE 220, MILWAUKEE, WI, 53203

    Website

    www.none

    NTEE Category

    Code: S113 - Community improvement

    If you are a representative of Milwaukee Development Corporation 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.