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Milwaukee Economic Development Corp

Public charityFed auditsIRS 990
DBA: % DAVID LATONA
Community Development · MILWAUKEE, WI · EIN 23-7129398

About

MEDC provides GAP financing to businesses in order to create employment opportunities and increase local incomes through the retention, expansion and development of manufacturing, service and other commercial establishments located in milwaukee, waukesha, washington, walworth, racine, kenosha and ozaukee counties (collectively M7 region).

In care of David Latona

Donations are tax-deductible
Category
Community Development
Employees
15
Volunteers
23

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.2M
Expenses
$7.1M
Assets
$139.5M
Liabilities
$51.6M

Financial history

$7.9M$3.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $7.2M · Avg: $5.3M
MILWAUKEE ECONOMIC DEVELOPMENT CORP
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Address

757 N Broadway STE 600
Milwaukee, WI, 53202-361

Governance

Voting board members24
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
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