MIDDLETON AREA DEVELOPMENT CORPORATION CO CHARLES LIBERTY
PO BOX 620280, MIDDLETON, WI 53562 www.madcwi.com

Total Revenue
$175,003
Total Expenses
$75,520
Net Assets
$4,449,934

Organizations Filed Purposes: THE ORGANIZATION WAS SET UP IN 1978 TO FACILITATE ECONOMIC DEVELOPMENT IN THE CITY. LOANS ARE MADE TO LOCAL BUSINESSES TO HELP BRING OR KEEP THOSE BUSINESSES IN THE CITY.

WE RENT THE AIRPORT TERMINAL BUILDING BACK TO THE AIRPORT OPERATIONS COMPANY (MOREY AIRPLANE COMPANY).

WE LOAN MONEY TO APPROPRIATE LOCAL BUSINESSES AS AN INCENTIVE TO KEEP THEM IN MIDDLETON, OR TO EXPAND IN MIDDLETON AND CREATE NEW JOBS. ALL LOANS ARE AT STANDARD RATES AND ARE REPAID BASED ON A MONTHLY PAYMENT SCHEDULE.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Todd PassiniDirector3$0
Deanna PorterDirector3$0
Eric DewerdDirector3$0
Jeff ZwettlerVice President4$0
Doug ZwankDirector3$0
Andrew LewisSecretary5$0
Robert BurckDirector3$0
Kevin MahaneyPresident12$0
John GiegelDirector3$0
Mike PettaTreasurer8$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001089349300200_public.xml