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 Single Organization Support NTEE: S11 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.

Where $100 goes at Milwaukee Development Corporation

How Milwaukee Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself

$8 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$92

Promoted economic development through catalytic real estate developments and regional business retention, expansion and attraction working in partnership with both public and private like-minded organizations

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

GREATER GREEN BAY COMMUNITY FOUNDATION INC

2022

PUBLIC BENEFIT AND COMMUNITY IMPROVEMENT PROGRAM SUPPORT

$50,000

GREATER GREEN BAY COMMUNITY FOUNDATION INC

2019

PUBLIC AND SOCIETAL BENEFIT PROGRAM SUPPORT

$14,400

UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC

2019

DONOR DESIGNATION PLEDGE PAYMENTS

$10,000

METROPOLITAN MILWAUKEE ASSOCIATION OF COMMERCE

2018

REIMBURSE MILWAUKEE DEVELOPMENT CORP FOR EXPENSES RELATED TO THE MILWAUKEE 7 PROJECT.

$547,744

UNITED WAY OF GREATER MILWAUKEE & WAUKESHA COUNTY INC

2018

DONOR DESIGNATION PLEDGE PAYMENTS

$10,000

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

General Support

$582,144 4 grants

Economic Development

$50,000 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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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports