Wisconsin · Nonprofit
MADISON REGION ECONOMIC PARTNERSHIP
MADISON REGION ECONOMIC PARTNERSHIP (Wisconsin) receives grants from 8 organizations whose IRS filings report $292,225 to it, the largest being MERITER HEALTH SERVICES INC ($120,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $860k
- Funders on record
- 8
- Grants received
- $292k
- Net assets
- $284k
What Madison Region Economic Partnership does
Mission
To protect, leverage, and accelerate the growth of our regions strongest econcomic opportunities and to facilitate and support collaborative regional efforts that preserve and enhance our quality of life.
As stated on its FY2024 Form 990.
Programs
Grow our region's own: the driving force behind new job and investment growth is the expansion of already existing companies. Supporting and building the stregth of these companies and key sectors is the foundation of long-term economic development and is central to our core philosophy. We will accomplish this through two primary initiatives, capital growth and sector development - initiative 1: capital growth 2 revolving loan fund 3 econcomic development district edd and initative 2 comprehensive economic development strategy ceds - 1 strategy committee 2 input sessions and investory reception 3 communications
Build our region's competitive advantage: we will target resources toward ensuring that the madison region's policymakers and business leaders have timely and relevant information from which to base their decisions. To maintain our international competitiveness. It is important to create the context through good public policy for long-term economic growth and the preservation of our region's quality of life - initiative 3 communications - 1 website design 2 media coverage 3 speaking engagements
Promote a regional culture and brand: convene stakeholders from across the madison region to mobilize dialogue on a range of important fronts, central to this collaboration has been and will continue to be raising awareness of how the success of one part of our region can translate into success for our entire region, going forward, our work will build on this strong foundation and continue to build bridges between and within the public and private sectors to effectuate tangible change and growth - initiative 4 regional promotion & collaboration - 1 business link - synchronist ed pro support
Eda sector strategy grant, usda revolving loan fund (rlf) program and main street bounce back grant.
The 4 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $3.2M to $905k (−71%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 28% · 2018 40% · 2019 68% · 2020 30% · 2021 88% · 2022 92% · 2023 90% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.
86% of MADISON REGION ECONOMIC PARTNERSHIP’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Jason Vangalis
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $64k → $20k.
1 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MADISON REGION ECONOMIC PARTNERSHIP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MADISON REGION ECONOMIC PARTNERSHIP leans on a few funders — its largest provides 41% of grant income and the top three 89%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MADISON REGION ECONOMIC PARTNERSHIP.
Largest funder’s share by year: 2017 96% · 2018 60% · 2020 67% · 2021 61% · 2022 75% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
25% of MADISON REGION ECONOMIC PARTNERSHIP's funders are still giving 3 years after their first grant; 25% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of MADISON REGION ECONOMIC PARTNERSHIP's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $12k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MADISON REGION ECONOMIC PARTNERSHIP receives grants from 8 organizations whose IRS filings report $292k to it.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding MADISON REGION ECONOMIC PARTNERSHIP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $280k on record.
- Department of Commerce$280k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MADISON REGION ECONOMIC PARTNERSHIP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 1 related entity
- Madrep Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MADISON REGION ECONOMIC PARTNERSHIP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MADISON REGION ECONOMIC PARTNERSHIP?
- MADISON REGION ECONOMIC PARTNERSHIP (Wisconsin) receives grants from 8 organizations whose IRS filings report $292,225 to it, the largest being MERITER HEALTH SERVICES INC ($120,000). 2 of them have funded it in more than one year.
- How many funders does MADISON REGION ECONOMIC PARTNERSHIP have?
- IRS filings report 8 organizations giving $292,225 in grants to MADISON REGION ECONOMIC PARTNERSHIP, 2 of which have funded it in more than one year.
- Who is the largest funder of MADISON REGION ECONOMIC PARTNERSHIP?
- MERITER HEALTH SERVICES INC is the largest funder on record, with $120,000 in grants. The full list of funders is on this page.
- How can an organization like MADISON REGION ECONOMIC PARTNERSHIP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing