Fiscal year ending 2024. Filed on August 7, 2025.
550 W Washington Ave
Madison, Wisconsin 53703
Madison Development Corporation (EIN: 39-1277471) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Madison Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $175,050. The highest compensated employee at Madison Development Corporation is Lorrine Heinemann with fiscal year 2024 compensation of $237,821.
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Expenses
Employee compensation
TO COORDINATE THE ACTIVITIES OF THE PUBLIC AND PRIVATE SECTORS SO AS TO CONSTRUCTIVELY USE THE RESOURCES OF EACH TO ACHIEVE GREATER MADISON AND DANE COUNTY WIDE ECONOMIC GROWTH, TO PROVIDE HIGH-QUALITY AFFORDABLE WORKFORCE HOUSING AND ASSIST IN THE FINANCING OF BOTH.
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