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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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Organizations Community Improvement & Capacity Building Milwaukee Economic Development Corporation

Milwaukee Economic Development Corporation

Fiscal year ending 2024. Filed on November 12, 2025.

757 North Broadway 600
Milwaukee, Wisconsin 53202

Milwaukee Economic Development Corporation (EIN: 23-7129398) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Milwaukee Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 out of 15 total employees. Among the employees shown here, the average compensation is $232,495. The highest compensated employee at Milwaukee Economic Development Corporation is David Latona with fiscal year 2024 compensation of $353,136.

Revenue, expenses, and employee compensation

Revenue

$7,243,827

Expenses

$7,074,229

Employee compensation

$1,845,221
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Latona
President and Secretary
$353,136
$295,100 No related comp$58,036
John Miller
Vice President and Treasurer
$226,316
$184,870 No related comp$41,446
Susan Eick
Relationship Manager
$118,032
$101,472 No related comp$16,560

Benchmark Employee Compensation

Non-Employee Board Members

Amelia MacAreno
Director
Andy Melvin
Director
Cavalier Johnson
Director
Craig Schmutzer
Director
D Patrick O'Brien
Director
Edward Hillmuth
Director
Gina Stilp
Director
Greg Bauer
Director
Ivan Gamboa
Director
James Roemer
Vice Chair
John Hazod
Director
John Zanghi
Director

Contractors

Davis & Kuelthau SC
Legal
$269,906
Baker Tilly Advisory Group Lp
Audit and Tax
$105,575

Mission Statement

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).

Revisions to this organization profile

November 12, 2025:
2024 Milwaukee Economic Development Corporation 990 filed
November 14, 2024:
2023 Milwaukee Economic Development Corporation 990 filed
November 13, 2023:
2022 Milwaukee Economic Development Corporation 990 filed

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