Nonprofits›Middleton Area Development Corporation
Middleton Area Development Corporation
MIDDLETON, WI
Total revenue
$265K
Total expenses
$48K
Net assets
$4.9M
Grants received
—
EIN
391288135
Tax year
2024
Mission
The organization was set up in 1978 to facilitate economic development in the city. Loans are made to local businesses to help bring or keep those businesses in the city.
Programs
1 program
We rent the airport terminal building back to the airport operations company (morey airplane company)
Expenses: $15K
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$104K
Investment income$159K
Other revenue$3K
Total revenue$265K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$48K
Total expenses$48K
Total assets$4.9M
Net assets$4.9M
People
4 listed
NameRoleCompensation
JEFF ZWETTLER
PRESIDENT
Board
—
12 hrs/wk
ROBERT BURCK
VICE PRESIDENT
Board
—
3 hrs/wk
DEANA PORTER
TREASURER
Board
—
3 hrs/wk
TODD PASSINI
SECRETARY
Board
—
3 hrs/wk
Details
EIN391288135
Subsection04
Ruling date1978-02
Formed1978
Employees0
Volunteers0