MADISON DEVELOPMENT CORPORATION (MDC)'S MISSION IS TO HELP CREATE JOBS BY PROVIDING GAP FINANCING TO SMALL BUSINESSES AND TO DEVELOP AND FINANCE QUALITY, AFFORDABLE WORKFORCE HOUSING UNITS IN MADISON AND THE DANE COUNTY AREA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $182k
- Bonus
- $10k
- Other
- $2k
- Benefits
- $14k
- Base
- $128k
- Bonus
- $18k
- Other
- $534
- Benefits
- $1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President - CEO Above 90th percentilevs Community Improvement & Capacity Building peers in Wisconsin | $182k | $10k | $2k | $14k | $238k $256k |
VP of Finance & CFO Median to 75th percentile | $128k | $18k | $534 | $1k | $164k $176k |
VP of Housing Vice President Median to 75th percentile | — | — | — | — | $123k $133k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at MADISON DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 13%
from 2023
From $210k in 2023 to $238k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue fell 1%.
- Chief Financial Officer pay rose 17% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MADISON DEVELOPMENT CORPORATION
What does the Chief Executive Officer of MADISON DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of MADISON DEVELOPMENT CORPORATION received $237,821 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MADISON DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at MADISON DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at MADISON DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are MADISON DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, MADISON DEVELOPMENT CORPORATION reported $6.4M in total revenue and $5.7M in total expenses on its IRS Form 990.
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