Milwaukee Development Corporation
-INSTIGATE, IMPLEMENT, PARTICIPATE IN AND PROMOTE SUCH ACTIVITIES AS SHALL, IN THE JUDGMENT OF MDC, TEND TO SUPPORT THE GENERAL COMMUNITY INTEREST IN A STRONG, VITAL, AESTHETICALLY EXCITING AND ECONOMICALLY VIABLE GREATER MILWAUKEE COMMUNITY.-DEVELOP FOR COMMUNITY CONSIDERATION SUCH STUDIES, SURVEYS AND PLANS AS MAY BE NECESSARY FOR CONSIDERATION OF ALTERNATIVE LAND AND SPACE USE FOR BUSINESS, RESIDENTIAL AND RECREATION ACTIVITIES.-ENCOURAGE, SUPPORT AND PARTICIPATE IN COOPERATIVE PLANNING AND INVESTMENT EFFORTS OF GOVERNMENT AGENCIES, ACADEMIC INSTITUTIONS AND PRIVATE ENTERPRISE IN A STRONG GREATER MILWAUKEE COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
+6.0% YoY
Revenue
$1.5M
-93.0% YoY
Net Investment Income
$479K
+472.1% YoY
Expenses
$1.3M
-94.1% YoY
About Milwaukee Development Corporation
Based on IRS filings
Milwaukee Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. Net investment income was $479K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,947,781 | $4,666,006 | $4,444,230 |
| Revenue | $1,524,506 | $21,906,807 | $23,219,043 |
| Expenses | $1,293,600 | $21,876,551 | $27,315,181 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $478,989 | $83,728 | $114,318 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN KISSINGER | DIRECTOR | 1 | — |
| MICHAEL HATCH | DIRECTOR | 1 | — |
| ERICA-NICOLE HARRIS | DIRECTOR | 1 | — |
| TIMOTHY SHEEHY | SECRETARY | 1 | — |
| FRANK J KREJCI | CO-CHAIR | 1 | — |
| D PATRICK O'BRIEN | PRESIDENT | 40 | $331,751 |
| STEVE CHERNOF | CO-CHAIR | 1 | — |
| CRAIG KAMMHOLZ | TREASURER | 1 | — |
| BARRY MANDEL | DIRECTOR | 1 | — |
| KEVIN ANDERSON | DIRECTOR | 1 | — |
| BOB HILLIS | DIRECTOR | 1 | — |
| MARVIN BYNUM II | DIRECTOR | 1 | — |
| RICH TENNESSEN | DIRECTOR | 1 | — |
| DALE KOOYENGA | OFFICER | 1 | — |
| CARLA CROSS | DIRECTOR | 1 | — |
| ROBERT MONNAT | DIRECTOR | 1 | — |
| WILLIAM SUENKENS | DIRECTOR | 1 | — |
| JAMES PAETSCH | VICE PRESIDENT (FORMER) | 40 | $192,921 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Milwaukee Development Corporation?
Milwaukee Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in MILWAUKEE, WI. It holds $4.9M in total assets as of 2024.
How large is Milwaukee Development Corporation?
As of 2024, Milwaukee Development Corporation holds $4.9M in total assets with $1.5M in annual revenue.
Where does Milwaukee Development Corporation operate?
Milwaukee Development Corporation has awarded grants in Wisconsin.
What is Milwaukee Development Corporation's EIN?
Milwaukee Development Corporation's EIN (Employer Identification Number) is 93-0828687. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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