Wisconsin · Nonprofit
MCDEVCO INC
MCDEVCO INC (Wisconsin) receives grants from 4 organizations whose IRS filings report $206,297 to it, the largest being JUDD S ALEXANDER FOUNDATION ($158,297). 2 of them have funded it in more than one year.
- Revenue FY2025
- $1.0M
- Funders on record
- 4
- Grants received
- $206k
- Net assets
- $1.8M
What McDevco Inc does
Mission
To invest in business development and community growth through the integration of resources.
As stated on its FY2025 Form 990.
Program
Costs to administer economic development loans, including interest expense, legal fees, provision for loan losses, and other administrative fees. Revolving loan fund is an accessible source of financing for projects that will create and retain private sector jobs, increase incomes, expand local tax base, and leverage bank financing.
$228,579 spentof which $2,000 as grants$136,755 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $228,579.
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 $4.5M to $3.4M (−25%).
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 63% · 2018 56% · 2019 69% · 2020 35% · 2021 65% · 2022 69% · 2023 56% · 2024 35% · 2025 76%. Grants only. Government contracts and fees sit inside program revenue.
81% of MCDEVCO INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 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.
Chief executive
Kimm Weber
Executive director
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income rose $58k → $73k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $35k from one payer (the payer shares this organization's board, largest Community Foundation of North Central Wisconsin Inc). These are real filings, and they are not money MCDEVCO INC raised.
From the IRS filings of MCDEVCO INC’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
MCDEVCO INC leans on a few funders — its largest provides 77% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 91% · 2018 100% · 2020 100% · 2021 100% · 2023 62% — diversifying over time.
“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.
Where its funders are
100% of MCDEVCO INC's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $28k 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
MCDEVCO INC runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like MCDEVCO INC
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.
Where the money goes
63% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- McDevco Holdings LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for MCDEVCO INC: 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 MCDEVCO INC?
- MCDEVCO INC (Wisconsin) receives grants from 4 organizations whose IRS filings report $206,297 to it, the largest being JUDD S ALEXANDER FOUNDATION ($158,297). 2 of them have funded it in more than one year.
- How many funders does MCDEVCO INC have?
- IRS filings report 4 organizations giving $206,297 in grants to MCDEVCO INC, 2 of which have funded it in more than one year.
- Who is the largest funder of MCDEVCO INC?
- JUDD S ALEXANDER FOUNDATION is the largest funder on record, with $158,297 in grants. The full list of funders is on this page.
- How can an organization like MCDEVCO INC 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 FY2025 (financials across 2017–2025), and the filings of 4 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