Public Charity

MILWAUKEE DEVELOPMENT CORPORATION

MILWAUKEE DEVELOPMENT CORPORATION, of MILWAUKEE, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.2M in revenue, $1.9M in expenses, $16.8M in total assets. 5 publicly reported grants to this organization, totaling roughly $632K, appear in IRS filings.

EIN: 930828687 MILWAUKEE, WI Latest filing: 2025
Total Revenue$4.2M
Total Expenses$1.9M
Total Assets$16.8M
Grant Records5
Funding Total$632K
Filing Years2021–2025

Mission

-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.

Sample Grants Received

2019
PUBLIC AND SOCIETAL BENEFIT PROGRAM SUPPORT
$14,400
2019
DONOR DESIGNATION PLEDGE PAYMENTS
$10,000
2018
REIMBURSE MILWAUKEE DEVELOPMENT CORP FOR EXPENSES RELATED TO THE MILWAUKEE 7 PROJECT.
$547,744
2018
DONOR DESIGNATION PLEDGE PAYMENTS
$10,000
PUBLIC BENEFIT AND COMMUNITY IMPROVEMENT PROGRAM SUPPORT
$50,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

DIRECTOR Barry Mandel
DIRECTOR Bob Hillis
DIRECTOR Carla Cross
DIRECTOR Christopher R Smith
CHIEF FINANCIAL OFFICER Craig Kammholz
SECRETARY/TREASURER Dale Kooyenga

Officer compensation and complete director data available with membership.

Top Grant Purposes

REIMBURSE MILWAUKEE DEVELOPMENT CORP FOR EXPENSES RELATED TO THE MILWAUKEE 7 PROJECT.
$547,744 1 grant
PUBLIC BENEFIT AND COMMUNITY IMPROVEMENT PROGRAM SUPPORT
$50,000 1 grant
DONOR DESIGNATION PLEDGE PAYMENTS
$20,000 2 grants
PUBLIC AND SOCIETAL BENEFIT PROGRAM SUPPORT
$14,400 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $1.9M $16.8M
2024 $1.5M $1.3M $4.9M
2023 $21.9M $21.9M $4.7M
2022 $23.2M $27.3M $4.4M
2021 $5.7M $1.5M $16.2M

Between 2021 and 2025, reported annual revenue declined from $5.7M to $4.2M (-25%), with total assets most recently reported at $16.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MILWAUKEE DEVELOPMENT CORPORATION

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