Wisconsin · Public charity
Milwaukee Economic Development Corporation
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).
- $81k
- Granted FY2018
- 2
- Itemized grants FY2018
- 2
- Organizations funded FY2018
- 100%
- First-time grantees FY2018
- Itemized, FY2018
- $13k
- The rest is grants the schedule does not break out
- Median grant, FY2018
- $7,342
- Largest grant, FY2018
- $7,342
- Organizations funded a year
- 2 to 5
- FY2017 to FY2018
- States reached, FY2018
- 1
- Total assets, FY2018
- $139M
How open it is to new grantees
In FY2018, 100% of the organizations Milwaukee Economic Development Corporation funded were first-time grantees, receiving 100% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2018 | 2 | $13k | 100% |
| FY2017 | 5 | $78k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2018.
Top grantees
Largest recipients by total granted, FY2017 to FY2018, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Cherry Water LLC | $25,000 | 1 | n/a |
| Wwb Development II LLC | $18,724 | 1 | n/a |
| Wwb Development LLC | $15,886 | 1 | n/a |
| Demichele Company LLC | $10,396 | 1 | n/a |
| Federal Commons South Second LLC | $8,064 | 1 | n/a |
| Denmark Lq LLC | $7,342 | 1 | n/a |
| Sohi Corner Inc | $5,812 | 1 | n/a |
Compare Milwaukee Economic Development Corporation with peer funders
About Milwaukee Economic Development Corporation
- How much does Milwaukee Economic Development Corporation give?
- Milwaukee Economic Development Corporation reported 2 itemized grants totaling $13,154, out of $81,188 in total grant expense reported on the return in its FY2018 IRS filing. It funded between 2 and 5 organizations a year over FY2017 to FY2018.
- What does Milwaukee Economic Development Corporation fund?
- By grant dollars over FY2017 to FY2018, its largest causes are Environment (47%), Community Improvement (38%), Housing & Shelter (15%).
- Who are Milwaukee Economic Development Corporation's largest grantees?
- By total granted over FY2017 to FY2018: Cherry Water LLC ($25k), Wwb Development II LLC ($19k), Wwb Development LLC ($16k).
- Does Milwaukee Economic Development Corporation fund new organizations?
- In FY2018, 100% of the organizations it funded were first-time grantees.
- Where is Milwaukee Economic Development Corporation based?
- Milwaukee Economic Development Corporation is based in WI.
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