MILWAUKEE ECONOMIC DEVELOPMENT CORP: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MILWAUKEE ECONOMIC DEVELOPMENT CORP (EIN 23-7129398)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-08
- IRS object ID
- 201113129349302171
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-08T15:13:07-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 SOUTH 84TH STREET SUITE 400 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53214 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237129398 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MILW | NameControl |
| Phone | 4142865840 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 809 N BROADWAY | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID E LATONA | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 4142865840 | Phone |
| Date Signed | 2011-11-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TROY E MARINE CPA | Name |
| Phone | 4147775500 | Phone |
| Date Prepared | 2011-11-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PATRICK G WALSH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 809 N BROADWAY | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5922332 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MEDCONLINE.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1971 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE FLEXIBLE GAP FINANCING TO BUSINESSES IN ORDER TO ASSIST THEM IN EXPANDING AND RETAINING JOB OPPORTUNITIES TO AREA INDIVIDUALS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 21 | TotalNbrEmployees |
| Total Nbr Volunteers | 27 | TotalNbrVolunteers |
| Total Gross UBI | 681248 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 906017 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1814107 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3333588 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2969271 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 716877 | InvestmentIncomePriorYear |
| Investment Income Current Year | 457531 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 494988 | OtherRevenuePriorYear |
| Other Revenue Current Year | 681423 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5451470 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5922332 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 20152 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 208791 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1038459 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1192048 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2542097 | OtherExpensePriorYear |
| Other Expenses Current Year | 1984460 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3600708 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3385299 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1850762 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2537033 | RevenuesLessExpensesCY |
| Total Assets BOY | 63603319 | TotalAssetsBOY |
| Total Assets EOY | 64900116 | TotalAssetsEOY |
| Total Liabilities BOY | 8749916 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8190928 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 54853403 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 56709188 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS TO AID BUSINESS EXPANSION TO GROW OUR ECONOMY THROUGH THE CREATION AND RETENTION OF JOBS AND BY INCREASING THE PROPERTY TAX BASE. THE CORPORATION USES ITS LOAN CAPITAL TO PROVIDE BUSINESS LOANS AND ASSIST IN THE FINANCING OF PROJECTS THAT ACHIEVE THAT OBJECTIVE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2323065 | Expense |
| Revenue | 2969271 | Revenue |
| Description | LOANS: THE MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION PROVIDES LOW INTEREST LOANS TO MILWAUKEE BUSINESSES WORKING IN PARTNERSHIP WITH A BANK. MEDC'S APPROACH TO LENDING REVOLVES AROUND TWO FUNDAMENTAL PRINCIPLES. SHARING RISK WITH ALL PARTICIPANTS IN A PROJECT AND LENDING IN PARTNERSHIP WITH PRIVATE SECTOR FINANCIAL INSTITUTIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 744583 | Expense |
| Grants | 208791 | Grants |
| Description | DEVELOPMENT/ENVIRONMENTAL REMEDIATION: MEDC ALSO WORKS IN COLLABORATION WITH THE CITY OF MILWAUKEE AND THE REDEVELOPMENT AUTHORITY OF THE CITY OF MILWAUKEE (RACM) TO ASSIST WITH THE DEVELOPMENT AND ENVIRONMENTAL REMEDIATION OF COMMERCIAL AND INDUSTRIAL PROPERTIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 3067648 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 21 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICK GWALSH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4142865840 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 809 N BROADWAY ROOM 104 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| SHEEHY TIMOTHY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BARRETT TOM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MORICS WALLY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HINES WILLIE L JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CLARK DAVID D | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVIS JOE SR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LUBER FRED | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| O'NEILL THOMAS J | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MCKEY JEAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LEMKE MARK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARIA CAROL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TALBOTT ROBIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BARTH STEVE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GALANIS JOHN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BOMBERG JAMES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KLEINER PAUL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DICKMAN SAMUEL D | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CROSS CARLA Y | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MONNAT ROBERT B | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BLUM LES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PENMAN JULIE A | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DWYER MICHAEL J | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MACARENO AMELIA E | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RIVERA PERFECTO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BROWN MARTHA L | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARCOUX RICHARD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WALSH PATRICK G | ||||||
| PRESIDENT | 40.00 | X | 155338 | 0 | 11940 | X |
| SCHERER JAMES | ||||||
| VP/TREASURER | 40.00 | 108686 | 0 | 12112 | X | |
| LATONA DAVID E | ||||||
| VICE PRESIDENT/SECRETARY | 40.00 | 135829 | 0 | 29330 | X | |
| LUBER TRACY | ||||||
| ASSISTANT TREASURER | 40.00 | 73577 | 0 | 12270 | X | |
| LUCKETT TRACY | ||||||
| ASSISTANT SECRETARY | 40.00 | 52288 | 0 | 11641 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 525718 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 77293 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 1814107 | AllOtherContributions |
| Total Contributions | 1814107 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN INTEREST AND SERV | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2969271 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2969271 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2969271 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 457531 | TotalRevenueColumn |
| Exclusion | $457,531 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| PARTNERSHIP INCOME | 531110 | 681248 | 681248 | |
| MISCELLANEOUS INCOME | 900099 | 175 | $175 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 681423 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5922332 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2969271 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 681248 | UnrelatedBusinessRevenue |
| Exclusion | $457,706 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201896 | Total |
| Program Services | 201896 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6895 | Total |
| Program Services | 6895 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 603012 | Total |
| Program Services | 542711 | ProgramServices |
| Management And General | 60301 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 302706 | Total |
| Program Services | 272435 | ProgramServices |
| Management And General | 30271 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41106 | Total |
| Program Services | 36995 | ProgramServices |
| Management And General | 4111 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187480 | Total |
| Program Services | 168732 | ProgramServices |
| Management And General | 18748 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57744 | Total |
| Program Services | 51970 | ProgramServices |
| Management And General | 5774 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183391 | Total |
| Program Services | 165052 | ProgramServices |
| Management And General | 18339 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65000 | Total |
| Program Services | 58500 | ProgramServices |
| Management And General | 6500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123897 | Total |
| Program Services | 111507 | ProgramServices |
| Management And General | 12390 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18064 | Total |
| Program Services | 16258 | ProgramServices |
| Management And General | 1806 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 278465 | Total |
| Program Services | 250618 | ProgramServices |
| Management And General | 27847 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163513 | Total |
| Program Services | 147162 | ProgramServices |
| Management And General | 16351 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40436 | Total |
| Program Services | 36392 | ProgramServices |
| Management And General | 4044 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16643 | Total |
| Program Services | 14979 | ProgramServices |
| Management And General | 1664 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PROJECT & ECONOMIC DEVE | 1578293 | 1420464 | 157829 |
| LOAN CLOSING AND SERVIC | 33048 | 29743 | 3305 |
| LOAN LOSS PROVISION & G | -516290 | -464661 | -51629 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3385299 | Total |
| Program Services | 3067648 | ProgramServices |
| Management And General | 317651 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7219143 | BOY |
| EOY | 9282302 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1652914 | BOY |
| EOY | 4500685 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82627 | BOY |
| EOY | 69206 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36261291 | BOY |
| EOY | 32350859 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 215849 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 193660 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44750 | BOY |
| EOY | 22189 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78838 | BOY |
| EOY | 83053 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18263756 | BOY |
| EOY | 18591822 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63603319 | BOY |
| EOY | 64900116 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225782 | BOY |
| EOY | 1329090 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7675998 | BOY |
| EOY | 5247340 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 848136 | BOY |
| EOY | 1614498 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8749916 | BOY |
| EOY | 8190928 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46758452 | BOY |
| EOY | 48512892 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8094951 | BOY |
| EOY | 8196296 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54853403 | BOY |
| EOY | 56709188 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63603319 | BOY |
| EOY | 64900116 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2537033 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -681248 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1432068 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2444311 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 772210 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 906017 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1814107 | CurrentTaxYear |
| Total | 7368713 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2850748 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3770249 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3596408 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3406241 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2969271 | CurrentTaxYear |
| Total | 16592917 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4282816 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6214560 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4368618 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4312258 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4783378 | CurrentTaxYear |
| Total | 23961630 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 23961630 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 145399 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 398512 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 287413 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 651164 | CurrentTaxYearMinus1Year |
| Current Tax Year | 457531 | CurrentTaxYear |
| Total | 1940019 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 145399 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 398512 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 287413 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 651164 | CurrentTaxYearMinus1Year |
| Current Tax Year | 457531 | CurrentTaxYear |
| Total | 1940019 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 66857 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -484873 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 784775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 488048 | CurrentTaxYearMinus1Year |
| Current Tax Year | 681248 | CurrentTaxYear |
| Total | 1536055 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4495072 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6128199 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5440806 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5451470 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5922157 | CurrentTaxYear |
| Total | 27437704 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.87330 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.89220 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.07070 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.07200 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: PARTNERSHIP INCOME | GeneralExplanation |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 215849 | OtherCostOrOtherBasis |
| Depreciation | 193660 | Depreciation |
| Book Value | 22189 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 22189 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 133326 |
| DUE FROM REDEVELOPMENT AUTH. OF THE CITY OF MILWAUKEE | 116419 |
| REAL ESTATE HELD FOR DEVELOPMENT | 954517 |
| DUE FROM M&I MEDC FUND, LLC & MEDC CAPITAL FUND I | 17387560 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 18591822 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FUNDS HELD IN ESCROW | $261,177 |
| SBA LOAN GUARANTEE DEPOSIT | $68,844 |
| CASH OVERDRAFT | $254,477 |
| OTHER LIABILITIES | $180,000 |
| ENERGY FUNDS PAYABLE | $850,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1614498 | TotalOfAmounts |
| Total Revenue | 5922332 | TotalRevenue |
| Total Expenses | 3385299 | TotalExpenses |
| Excess Or Deficit For Year | 2537033 | ExcessOrDeficitForYear |
| Other | -$681,248 | OtherAmount |
| Total Adjustments | -681248 | TotalAdjustments |
| Excess Or Deficit Per FS | 1855785 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5241084 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 5241084 | RevenueSubtotal |
| Other Revenues Not Included | 681248 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 681248 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5922332 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3385299 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3385299 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3385299 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | AT-RISK LIMITATION ON PARTNERSHIP INTEREST -681,248. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PARTNERSHIP INCOME 681,248. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|
| DOWNER GARAGE RETAIL LLC | ||||||
| 1200 N MAYFAIR RD SUITE 220 | MILWAUKEE | WI | 53226 | 270236917 | 10656 | ENVIRONMENTAL TESTING. |
| MCKINLEY'S CORPORATION | ||||||
| 2545 N 30TH STREET | MILWAUKEE | WI | 53210 | 391224021 | 2084 | ENVIRONMENTAL TESTING. |
| PRAGMATIC DEVELOPMENT LLC | ||||||
| 602 S 3RD STREET | MILWAUKEE | WI | 53204 | 352362224 | 2669 | ENVIRONMENTAL TESTING. |
| COAKLEY BROTHERS CO | ||||||
| 400 S FIFTH STREET | MILWAUKEE | WI | 53204 | 390215980 | 10732 | ENVIRONMENTAL TESTING. |
| BUILDING 41 LLC | ||||||
| 700 W VIRGINIA STREET | MILWAUKEE | WI | 53204 | 391940768 | 25000 | ENVIRONMENTAL TESTING. |
| TOWN DOGS LLC | ||||||
| 2999 N HUMBOLDT BLVD | MILWAUKEE | WI | 53212 | 391869696 | 5400 | ENVIRONMENTAL TESTING. |
| 2452 KK LLC | ||||||
| 172 N BROADWAY 2ND FLOOR | MILWAUKEE | WI | 53202 | 202811854 | 4536 | ENVIRONMENTAL TESTING. |
| SOHI CORNER INC | ||||||
| 831 W WISCONSIN AVENUE | MILWAUKEE | WI | 53233 | 203847105 | 140819 | LARGE IMPACT DEVELOPMENT. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 7 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | ENVIRONMENTAL TESTING. | TypeOfGrant |
| Number Of Recipients | 1 | NumberOfRecipients |
| Amount Of Cash Grant | 6895 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION UTILIZES AN ACCOUNTING SOFTWARE PACKAGE WHICH TRACKS THE AMOUNT OF GRANTS ISSUED THROUGHOUT THE YEAR, WHICH IS MONITORED BY THE BOARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WALSH PATRICK G | |||||||||||||
| 155338 | 0 | 0 | 0 | 0 | 0 | 9372 | 0 | 2568 | 0 | 167278 | 0 | 0 | 0 |
| LATONA DAVID E | |||||||||||||
| 135829 | 0 | 0 | 0 | 0 | 0 | 8525 | 0 | 20805 | 0 | 165159 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS SIX CLASSES OF DIRECTORS, OF WHICH ALL ARE MEMBERS. THE CLASS I, II, III, AND IV DIRECTORS COMPRISE 9 OF 10 SEATS ON THE EXECUTIVE COMMITTEE. THE LAST SEAT OF THE EXECUTIVE COMMITTEE IS A CLASS V DIRECTOR THAT WAS APPOINTED BY A VOTE OF ALL CLASS V DIRECTORS. THE 10 MEMBER EXECUTIVE COMMITTEE ELECTS ALL DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. A FILED COPY OF THE FORM 990 IS AVAILABLE TO ALL DIRECTORS FOR REVIEW. | |
| THE CORPORATION COLLECTED SIGNED COPIES OF THE POLICY FROM ALL DIRECTORS AND STAFF IN 2009 WHEN THE POLICY WAS ADOPTED. STAFF ANNUALLY REQUESTS UPDATED FORMS FROM THE BOARD AND STAFF. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE CORPORATION ENGAGED AN OUTSIDE CONSULTING FIRM, MRA, TO REVIEW JOB DESCRIPTIONS FOR ALL POSITIONS AND COMPARE COMPENSATION WITH PUBLISHED AND UNPUBLISHED SALARY AND BENEFIT SURVEYS. PAY RANGES WERE ESTABLISHED USING THIS MARKET INFORMATION. MRA ALSO PROVIDED A BENEFITS COMPARISON TO MARKET, WHICH WAS USED AS THE BASIS FOR MANAGEMENT TO ADJUST SOME BENEFITS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| SUMMARY FINANCIAL INFORMATION IS PUBLISHED IN OUR ANNUAL REPORT. THE ANNUAL REPORT, FINANCIAL REPORTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE EXECUTIVE COMMITTEE, COMPRISED OF 10 DIRECTORS OF THE ORGANIZATION, HAS FULL GOVERNING AUTHORITY OVER THE ORGANIZATION. | FORM 990, PART VI, SECTION A, LINE 1A | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | AT-RISK LIMITATION ON PARTNERSHIP INTEREST -681,248. TOTAL TO FORM 990, PART XI, LINE 5: -681,248. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MEDC CAPITAL FUND I LLC | |||||||||||||
| 809 N BROADWAY | MILWAUKEE | WI | 53202 | 200935453 | LENDING | WI | N/A | UNRELATED | -101 | 1685 | 0 | 1 | 0.00010 |
| MEDC CAPITAL FUND II LLC | |||||||||||||
| 809 N BROADWAY | MILWAUKEE | WI | 53202 | 352319023 | LENDING | WI | N/A | UNRELATED | 21 | 1339 | 0 | 1 | 0.00010 |
| MEDC CAPITAL FUND III LLC | |||||||||||||
| 809 N BROADWAY | MILWAUKEE | WI | 53202 | 352319024 | LENDING | WI | N/A | UNRELATED | 18 | 2206 | 0 | 1 | 0.00010 |
| MEDC CAPITAL FUND IV LLC | |||||||||||||
| 809 N BROADWAY | MILWAUKEE | WI | 53202 | 943451031 | LENDING | WI | N/A | UNRELATED | 680 | 0 | 1 | 0.00010 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MEDC CAPITAL FUND I LLC | ||
| K | 180000 | FMV |
| MEDC CAPITAL FUND I LLC | ||
| P | 25500 | FMV |
| MEDC CAPITAL FUND II LLC | ||
| K | 40899 | FMV |
| MEDC CAPITAL FUND III LLC | ||
| K | 62909 | FMV |