MADISON DEVELOPMENT CORPORATION
Data sourced from IRS 990 public filings
MADISON DEVELOPMENT CORPORATION Madison Development Corporation is a non-profit organization that owns and manages 348 affordable housing units in the Madison area and provides financing for hard-to-finance businesses in Dane County. Since 1977, MDC has provided loans to more than 450 businesses totaling over $35 million; helping to create over 5,000 quality jobs in Dane County.
Annual Revenue
$6,388,304
Known Funders
0
Grants Received
0
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6,388,304 | $5,744,696 | $56,169,986 |
| 2023 | $6,436,775 | $5,094,577 | $53,059,209 |
| 2022 | $4,946,557 | $4,624,451 | $33,284,348 |
| 2021 | $5,181,232 | $4,617,963 | $34,294,523 |
| 2020 | $4,338,400 | $3,977,113 | $36,487,059 |
| 2019 | $4,227,572 | $3,884,170 | $36,888,478 |
| 2018 | $3,662,868 | $3,377,103 | $28,473,537 |
| 2017 | $3,000,837 | $2,803,098 | $24,529,356 |
Top Funders
No funder data available yet for this nonprofit.
Key Personnel
From 2024 IRS 990 filing
CASHTON LAUFENBERG
VP OF HOUSING
ABIGAIL WALLHAUS
VP OF FINANCE & CFO
LORRINE HEINEMANN
PRESIDENT - CEO
REBECCA PROCHESKA
DIRECTOR
ED LEE
DIRECTOR
PAUL AYLESWORTH
DIRECTOR
ROB BERGENTHAL
DIRECTOR
STUART LEVITAN
DIRECTOR
RICH ARNESEN
DIRECTOR
JULIA STONE
DIRECTOR (THRU JUNE)
Showing 10 of 15 key personnel.
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