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).
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
- $235k
- Bonus
- —
- Other
- $60k
- Benefits
- $30k
- Base
- $176k
- Bonus
- —
- Other
- $9k
- Benefits
- $21k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Secretary Above 90th percentilevs Community Improvement & Capacity Building peers in Wisconsin | $235k | — | $60k | $30k | $353k $380k |
Vice President & Treasurer Vice President 75th to 90th percentile | $176k | — | $9k | $21k | $226k $243k |
Relationship Manager Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $118k $127k |
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 23 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION equaled 5% 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 10%
from 2023
From $320k in 2023 to $353k 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 10% from 2023 to 2024, while revenue rose 44%.
- Vice President pay fell 6% from 2023 to 2024.
- Highest Compensated Employee pay fell 3% 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 MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION received $353,136 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 MILWAUKEE ECONOMIC 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 MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION reported $7.2M in total revenue and $7.1M in total expenses on its IRS Form 990.
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