COMMON WEALTH DEVELOPMENT INC
1501 WILLIAMSON ST, MADISON, WI 537033728 www.cwd.org

Total Revenue
$3,111,196
Total Expenses
$3,499,470
Net Assets
$4,001,324

Organizations Filed Purposes: COMMON WEALTH DEVELOPMENT, INC. SUPPORTS AND PRESERVES THE VITALITY OF NEIGHBORHOODS IN THE MADISON METROPOLITAN AREA. OUR WORK SERVES AS THE FOUNDATIONAL BEDROCK OF HEALTHY COMMUNITY AND ECONOMIC DEVELOPMENT, WITH PROJECTS AIMED AT IMPROVING THE HOUSING AND BUSINESS CLIMATE OF OUR NEIGHBORHOODS THROUGH A PEOPLE-FIRST APPROACH CENTERED ON RACIAL EQUITY AND COMMUNITY-LEVEL HEALTH IMPROVEMENT.

TO SUPPORT AND PRESERVE THE VITALITY OF NEIGHBORHOODS IN THE MADISON METROPOLITAN AREA.

HOUSING PROVIDES SAFE, STABLE AND HEALTHY HOUSING OPPORTUNITIES FOR RENTERS AND ASPIRING HOMEOWNERS. CWD OWNS AND MANAGES 146 UNITS OF AFFORDABLE HOUSING, 86 UNITS OF AFFORDABLE HOUSING IN MULTIPLE LOCATIONS, MANAGES THE 60 UNIT AFFORDABLE HOUSING YAHARA RIVER VIEW APARTMENT BUILDING, PURCHASED AND REHABILITATED 8 UNITS OF AFFORDABLE HOUSING INCLUDED IN THE TOTAL ABOVE, AND ADMINISTERS 20 UNITS OF AFFORDABLE HOME OWNERSHIP. THE HOUSING PROGRAM SUPPORTS THE RETENTION AND SUSTAINABILITY OF AFFORDABLE LAND IN MADISON AND DANE COUNTY IN PROVIDING MANAGEMENT SERVICES TO THE MADISON AREA COMMUNITY LAND TRUST.

ECONOMIC DEVELOPMENT CONSISTS OF ADULT AND YOUTH WORKFORCE DEVELOPMENT AND MANAGEMENT OF TWO BUSINESS INCUBATORS. THE ORGANIZATION MANAGES A 42,000 SQUARE FOOT BUSINESS INCUBATOR PROVIDING SMALL BUSINESS TECHNICAL ASSISTANCE AND REFERRALS, A 50,000 SQUARE FOOT LIGHT INDUSTRIAL BUILDING AND A COMMUNITY BASED EMPLOYMENT TRAINING AND PLACEMENT PROGRAM WITH CASE MANAGEMENT SUPPORT. THE YOUTH AND ADULT WORKFORCE DEVELOPMENT PROGRAMS COACH PARTICIPANTS IN FINANCIAL FLUENCY, JOB READINESS AND ENTREPRENEURIAL LEADERSHIP.

THE HEALTH EQUITY PROGRAM INTEGRATES COMPREHENSIVE COMMUNITY HEALTH APPROACHES TO VIOLENCE PREVENTION EFFORTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Justice CastanedaEXECUTIVE DIRECTOR40$84,863
Stefan DavidsonFINANCE DIRECTOR40$72,601
Tyrone Cratic-WilliamsDIRECTOR1$0
Vanessa KuettelDIRECTOR1$0
Ben LeroyDIRECTOR1$0
Amy WickDIRECTOR1$0
Daniel SteinbringDIRECTOR (THRU JAN)1$0
Shaya SchreiberDIRECTOR1$0
Robert PaolinoDIRECTOR1$0
Autumn NeugentDIRECTOR1$0
Marquis SandersDIRECTOR (THRU MAY)1$0
Rudy MooreDIRECTOR1$0
Susan DayTREASURER2$0
Beth WelchSECRETARY1$0
Leslie FreehillVICE PRESIDENT2$0
Connor SabatinoPRESIDENT2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013169349302406_public.xml