Milwaukee Economic Development Corp
Donations deductibleMilwaukee Economic Development Corp's network
24 people13 organisationsi24 people and 13 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (24). Violet dotted lines (15) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
24 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 24 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Thomas O'Neill Chair | Chairman | 2023 | 3 yrs |
| Amelia Macareno | Director | 2023 | 3 yrs |
| Andy Melvin | Director | 2023 | 3 yrs |
| Cavalier Johnson | Director | 2023 | 3 yrs |
| Craig Schmutzer | Director | 2023 | 3 yrs |
| D Patrick O'Brien | Director | 2023 | 3 yrs |
| David Latona | President & Secretary | 2023 | 3 yrs |
| Edward Hillmuth | Director | 2024 | 2 yrs |
| Gina Stilp | Director | 2023 | 3 yrs |
| Greg Bauer | Director | 2023 | 3 yrs |
| Ivan Gamboa | Director | 2023 | 3 yrs |
| James Roemer | Vice Chair | 2023 | 3 yrs |
| John Hazod | Director | 2023 | 3 yrs |
| John Zanghi | Director | 2023 | 3 yrs |
| Kelsey Brenn | Director | 2023 | 3 yrs |
| Kermaith McClendon | Director | 2024 | 2 yrs |
| Nate Zastrow | Director | 2023 | 3 yrs |
| Paul Kleiner | Director | 2023 | 3 yrs |
| Rebecca Mitich | Director | 2023 | 3 yrs |
| Roger Sandell | Director | 2024 | 2 yrs |
| Sarah Lutz | Director | 2023 | 3 yrs |
| Steve Barth | Director | 2023 | 3 yrs |
| Thomas Zale | Director | 2023 | 3 yrs |
| Tom Fotsch | Director | 2023 | 3 yrs |
Officers and senior leadership
7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Adams Tracy Through 318 | Company secretary | 2018 |
| Baka Lisa | Team Leader | 2020 |
| Eick Susan | Relationship Manager | 2022 |
| John Miller | Vice President & Treasurer | since 2023 |
| Luber Tracy Through 318 | Treasurer | 2018 |
| Miller John | Vice President & Treasurer | since 2018 |
| Susan Eick | Relationship Manager | since 2023 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| David Latona | President & Secretary | 40 | $295k | $58k | |
| John Miller | Vice President & Treasurer | 40 | $185k | $41k | |
| Susan Eick | Relationship Manager | 40 | $101k | $17k | |
| Thomas O'neill | Chairman | 1 | $0 | ||
| James Roemer | Vice Chair | 1 | $0 | ||
| Amelia Macareno | Director | 1 | $0 | ||
| Andy Melvin | Director | 1 | $0 | ||
| Cavalier Johnson | Director | 1 | $0 | ||
| Craig Schmutzer | Director | 1 | $0 | ||
| D Patrick O'brien | Director | 1 | $0 | ||
| Edward Hillmuth | Director | 1 | $0 | ||
| Gina Stilp | Director | 1 | $0 | ||
| Greg Bauer | Director | 1 | $0 | ||
| Ivan Gamboa | Director | 1 | $0 | ||
| John Hazod | Director | 1 | $0 | ||
| John Zanghi | Director | 1 | $0 | ||
| Kelsey Brenn | Director | 1 | $0 | ||
| Kermaith McClendon | Director | 1 | $0 | ||
| Nate Zastrow | Director | 1 | $0 | ||
| Paul Kleiner | Director | 1 | $0 | ||
| Rebecca Mitich | Director | 1 | $0 | ||
| Roger Sandell | Director | 1 | $0 | ||
| Sarah Lutz | Director | 1 | $0 | ||
| Steve Barth | Director | 1 | $0 | ||
| Thomas Zale | Director | 1 | $0 | ||
| Tom Fotsch | Director | 1 | $0 |
About
- Legal name
- Milwaukee Economic Development Corp
- EIN
- 237129398
- Address
- 757 N Broadway Ste 600, Milwaukee, WI, 53202-3612
- State
- Wisconsin
- Mission
- Medc provides gap financing to businesses in order to create employment opportunities and increase local incomes through the retention, expansion and development of manufacturing, service and other commercial establishments located in milwaukee, waukesha, washington, walworth, racine, kenosha and ozaukee counties (collectively m7 region). (as filed on the Form 990)
- Activity (NTEE)
- S31 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 9 (IRS master file code)
- Formed
- 1971
- Principal officer
- David E Latona (as named on the Form 990)
- IRS ruling date
- 1 July 1974
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥3years on the filingsThomas O'Neill
≥3years on the filingsAmelia Macareno
≥3years on the filingsAndy Melvin
≥3years on the filingsCavalier Johnson
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $139.5m
- Total liabilities
- $51.6m
- Net assets or fund balances
- $87.9m
- Contributions and grants received
- $1.8m
- Program service revenue
- $4.6m
- Employees
- 15
- Volunteers
- 23
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $7.2m | $7.1m | $170k |
As filed on the IRS Form 990. US dollars.