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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Madison Development Corporation Lorrine Heinemann

Lorrine Heinemann

Officer

President and Chief Executive Officer at Madison Development Corporation

Fiscal year ended December 31, 2024. Published on January 25, 2026.

$237,821
2024

Total compensation

Lorrine Heinemann has been listed as an employee of Madison Development Corporation in Form 990 filings since fiscal year 2020. Total compensation for Lorrine Heinemann has increased by 21% from 2020 to 2024.

Annual compensation details

$237,821
+13.2%
President and Chief Executive Officer
2024
$194k
40 hrs/wk
$45k
--
$210,097
+2.1%
President and Chief Executive Officer
2023
$185k
40 hrs/wk
$26k
--
$205,720
+3.6%
President and Chief Executive Officer
2022
$181k
40 hrs/wk
$26k
--
$198,576
+1.1%
President and Chief Executive Officer
2021
$167k
40 hrs/wk
$33k
--
$196,470
President and Chief Executive Officer
2020
$161k
35 hrs/wk
$37k
--

Total compensation by year

Compare the compensation of Lorrine Heinemann to:

Revisions to this profile

January 25, 2026:
2024 Madison Development Corporation 990 published
January 25, 2026:
2023 Madison Development Corporation 990 published
January 25, 2026:
2022 Madison Development Corporation 990 published

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2024

Other employees at Madison Development Corporation

Abigail Wallhaus
Vice President and Chief Financial Officer
$163,966
$146,238 No related comp$17,728
Cashton Laufenberg
Vice President, Housing
$123,364
$106,397 No related comp$16,967