2024-05-20T09:00:56-05:00 2023-12-31 843080966 YAHARA CPAS LLC 1818 PARMENTER STREET SUITE 230 MIDDLETON WI 53562 990 2023-01-01 391288135 MIDDLETON AREA DEVELOPMENT CORPORATION C/O KEVIN MAHANEY MIDD 6087702265 PO BOX 620185 MIDDLETON WI 53562 KEVIN MAHANEY PRESIDENT 6087702265 2024-05-20 1 KEVIN MAHANEY 999009999 0 DAN MCGOWN CPA P01222400 6088201167 2024-05-20 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KEVIN MAHANEY PO BOX 620185 MIDDLETON WI 53562 238622 0 X WWW.MADCWI.COM X 1978 WI 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. 8 8 0 8 0 0 0 0 83241 96892 23798 122098 5385 19632 112424 238622 0 0 0 0 0 0 0 0 0 48670 54024 48670 54024 63754 184598 4718630 4803228 200000 100000 4518630 4703228 THE ORGANIZATION WAS SETUP 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. 0 0 29230 20092 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. 14490 76800 WE RENT THE AIRPORT TERMINAL BUILDING BACK TO THE AIRPORT OPERATIONS COMPANY (MOREY AIRPLANE COMPANY) 43720 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KEVIN MAHANEY 6087702265 PO BOX 620185 MIDDLETON WI 53562 X KEVIN MAHANEY PRESIDENT 12.00 X X 0 0 0 ROBERT BURCK DIRECTOR 3.00 X 0 0 0 JEFF ZWETTLER VICE PRESIDENT 4.00 X X 0 0 0 ERIC DEWERD DIRECTOR 3.00 X 0 0 0 DEANNA PORTER TREASURER 3.00 X X 0 0 0 TODD PASSINI SECRETARY 3.00 X X 0 0 0 KATE MILLER DIRECTOR 3.00 X 0 0 0 DAN RAMSEY JR DIRECTOR 3.00 X 0 0 0 0 0 0 0 0 0 0 0 AIRPORT TERMINAL RENT 531120 76800 76800 LOAN INTEREST EARNED 525990 13354 13354 LOAN FEES EARNED 525990 6738 6738 96892 122098 122098 MARK TO MARKET FIDELIT 523000 19632 19632 19632 238622 96892 0 141730 X 158 158 2160 1080 1080 5179 5179 39984 38112 1872 4150 4150 248 248 1494 378 1116 MEMBERSHIP DUES 651 651 54024 43720 10304 0 943204 741537 489432 650338 767583 0 767583 767583 2518411 2643770 4718630 4803228 200000 100000 200000 100000 X 0 0 0 0 4518630 4703228 4518630 4703228 4718630 4803228 184598 0 X 0 0 0 767583 767583 767583 FIDELITY INVESTMENTS 2500000 C MARK TO MARKET-FIDELITY 143770 F 2643770 FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONTINUOUS, ONGOING REVIEW OF ALL POSSIBLE CONFLICT OF INTEREST SITUATIONS IS DISCUSSED AT BOARD MEETINGS AS WARRANTED. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE NO EMPLOYEES. NO COMPENSATON HAS EVER BEEN PAID TO ANYONE. IT IS HIGHLY UNLIKELY THAT THERE WILL EVER BE ANY EMPLOYEES. IF THERE IS, WE WILL BE SURE THAT COMPENSATION AMOUNTS ARE REVIEWED AND THAT COMPARISONS WILL BE MADE TO SIMILAR PERSONS IN SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOUCMENTS OF THE ORGANIZATION AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AS REQUESTED. THESE ARE ALL AVAILABLE DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G LAND RENT & AIRPORT: PROGRAM SERVICE EXPENSES 14,112. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,112. CONSULTING: PROGRAM SERVICE EXPENSES 24,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,000. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,872. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,872.