MILWAUKEE ECONOMIC DEVELOPMENT CORP
MILWAUKEE,
Wisconsin,
53202
EIN: 23-7129398
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
757 N BROADWAY STE 600
53202
COUNTY
milwaukee county, WI
IN CARE OF NAME
DAVID LATONA
ORGANIZATIONAL OVERVIEW & RANKINGS
MILWAUKEE ECONOMIC DEVELOPMENT CORP is a based in MILWAUKEE, WI, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in July 1974, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $134,203,800.00, this ranks 8,145 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 156 out of 53,071 organizations in WI (Top 1%).
In milwaukee county, WI, the organization ranks 47 out of 9,360 nonprofits by assets (Top 1%), while locally in milwaukee, it stands at 40 among 7,144 organizations (Top 1%).
The organization reported annual revenue of $4,043,772.00, ranking 55,376 nationally (Top 3%) and 1,006 in WI (Top 2%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, MILWAUKEE ECONOMIC DEVELOPMENT CORP ranks 7 in assets (Top 1%) and 60 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Area development redevelopment of renewal
Loans or grants for minority businesses
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S31: Urban, Community Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$4,043,772.00
FORM 990 REVENUE AMOUNT
$4,043,772.00
RULING DATE
07/1974
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$134,203,800.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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