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EIN 39-1306894

McDevco

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Wausau
State
Wisconsin
Year formed
1978
Most recent tax filings
2024-08-01
NTEE code, primary
S30: Economic Development
Description
McDevco invests in business development and community growth through resource integration. It administers economic development loans, including interest expense, legal fees, provision for loan losses, and other administrative fees. McDevco's revolving loan fund provides accessible financing for projects that create and retain private sector jobs.
Also known as...
James Warsaw
Total revenues
$367,541
2024
Total expenses
$353,242
2024
Total assets
$3,406,953
2024
Num. employees
4
2024

Program areas at McDevco

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.

Who funds McDevco

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Judd S Alexander FoundationMarathon County Revolving Loan Funding$6,250

Financials for McDevco

RevenuesFYE 08/2024
Total grants, contributions, etc.$190,843
Program services$130,253
Investment income and dividends$51,807
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-5,362
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$367,541

Organizations like McDevco

OrganizationLocationRevenue
Johnson County Economic Development CorporationWarrensburg, MO$229,565
Lemhi County Economic Development AssociationSalmon, ID$493,886
Nassau County Economic DevelopmentYulee, FL$279,326
Regional Development Funding CorporationPittsburgh, PA$1,539,990
Catawba Regional Development CorporationRock Hill, SC$471,031
West Side ForwardChicago, IL$799,950
Greater Gallup Economic Development CorporationGallup, NM$571,230
Tuscarawas County Economic Development CorporationDover, OH$385,045
Greater Franklin Development CouncilFarmington, ME$914,212
MT Washington Valley Economic CouncilConway, NH$143,655
Data update history
May 28, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 25, 2025
Updated personnel
Identified 8 new personnel
March 22, 2025
Received grants
Identified 1 new grant, including a grant for $6,250 from Judd S Alexander Foundation
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $30,000 from Judd S Alexander Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
100 N 72nd Ave
Wausau, WI 54401
Metro area
Wausau-Weston, WI
County
Marathon County, WI
Website URL
mcdevco.org/ 
Phone
(715) 298-0084
IRS details
EIN
39-1306894
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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