Nonprofit · EIN 39-1893799
URBAN ECONOMIC DEVELOPMENT
Tax-exempt · MILWAUKEE, WI 53212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $833,467 | $686,479 | $146,988 | $396,608 | $37,296 | $359,312 |
| December 31, 2023 | 990 | $427,910 | $685,730 | -$257,820 | $247,648 | $35,324 | $212,324 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $831,706
- of which government grants
- $173,904
- Membership dues
- $45,046
- Program service revenue
- $5,750
- Investment income
- $6,803
- Net income from fundraising events
- -$10,792
- Other revenue
- -$10,792
Expenses
- Grants and similar amounts paid
- $5,120
- Compensation of officers, directors and key employees
- $99,156
- Other salaries and wages
- $209,502
- Salaries, compensation and benefits (total)
- $348,185
- Professional fundraising fees
- $0
- Occupancy
- $13,125
- Travel
- $2,851
- Program services (functional)
- $620,564
- Management and general (functional)
- $47,797
- Fundraising (functional)
- $18,118
Balance sheet and other
- Total assets, start of year
- $247,648
- Total assets, end of year
- $396,608
- Total liabilities, end of year
- $37,296
- Net assets, end of year
- $359,312
- Net assets without donor restrictions
- $48,300
- Net assets with donor restrictions
- $311,012
- Gross receipts
- $855,480
- Employees
- 0
- Volunteers
- 84
- Year formed
- 1997
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI LUZAR | EXEUCTIVE DIRECTOR Officer | 40 | $70,928 | $16,960 |
| SHERRI JORDAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BARBARA MARKOFF | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| GISELA ORTEGA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER RICHARDSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VAUGHN BAKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARRYL JACKSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NIKKI PAYNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTI LUZAR | EXEUCTIVE DIRECTOR Officer | 40 | $66,827 | $21,281 |
| NIKKI PAYNE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BARBARA MARKOFF | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| NATHAN GUEQUIERRE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER RICHARDSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VAUGHN BARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHERRI JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GISELA ORTEGA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NIKKI PURVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE MADISON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1915 N DR MARTIN LUTHER KING JR DR, MILWAUKEE, WI 53212-3675
- In care of
- % KRISTI LUZAR
- Principal officer (990 for 2024)
- KRISTI LUZAR, 1915 N MARTIN LUTHER KING JR DR 260, MILWAUKEE, WI 53212
- Signed the 990
- KRISTI LUZAR, EXECUTIVE DIRECTOR
- Phone
- (414) 562-9904
- Website
- WWW.UEDAWI.ORG
- Return prepared by
- SCRIBNER COHEN AND COMPANY SC
Mission
UEDA IS A MEMBERSHIP ASSOCIATION DEDICATED TO THE PROFESIONAL DEVELOPMENT OF INDIVIDUALS AND GROUPS WORKING IN ECONOMIC AND COMMUNITY DEVELOMPENT IN WISCONSIN. UEDA'S WORK HAS FOCUSED PRIMARILY ON HOUSING DEVELOPMENT, ECONOMIC DEVELOPMENT AND JOB CREATION.
Program accomplishments
- TECHNICAL ASSISTANCE: UEDA RECEIVES U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FROM THE CITY OF MILWAUKEE. PROJECTS INCLUDE COMMUNITY PLANNING/OUTREACH, POLICY AND PROGRAM REVIEW, DATA ANALYSIS, AGENCY TRAINING, AND ORGANIZATIONAL PROJECTS TO STRENGTHEN THE OPERATIONS OF OTHER CDBG-FUNDED AGENCIES (I.E. FINANCIAL MANAGEMENT, STRATEGIC PLANNING, GOVERNANCE, EVALUATION, TECHNOLOGY) AND SUPPORT GOALS RELATED TO AFFORDABLE HOUSING AND LOW-INCOME COMMUNITIES.Expenses $190,060
- CAPACITY BUILDING & MEMBERSHIP: UEDA PROVIDES INFORMATION, RESOURCES, AND NETWORKING OPPORTUNITIES TO ITS MEMBERS AND PARTNERS. WE KEEP THEM INFORMED ON ISSUES SUCH AS AFFORDABLE HOUSING, NEIGHBORHOOD REVITALIZATION, REAL ESTATE, ECONOMIC INCLUSION, FINANCIAL SERVICES, REGULATIONS, WORKFORCE DEVELOPMENT, REGIONAL TRANSPORTATION, AND SMALL BUSINESS SUPPORT. INCLUDES EVENTS, MONTHLY NEWSLETTER, TRAINING/EDUCATION, AFFINITY GROUPS (NONPROFIT LIFT, FINANCIAL HEALTH COUNSELORS), COMMITTEE SERVICE, AND SOCIAL MEDIA ENGAGEMENT.Expenses $149,693
- FINANCIAL EMPOWERMENT: UEDA HOSTS THE BANK ON GREATER MILWAUKEE COALITION, PART OF A NATIONAL NETWORK THAT CONNECTS PEOPLE TO SAFE AND AFFORDABLE FINANCIAL PRODUCTS AND SERVICES. THIS CROSS-SECTOR INITIATIVE IS A COLLABORATION BETWEEN FINANCIAL INSTITUTIONS, COMMUNITY-BASED ORGANIZATIONS AND LOCAL GOVERNMENT TO ENSURE THAT ALL RESIDENTS HAVE THE OPPORTUNITY TO BE FINANCIALLY HEALTHY AND HAVE ACCESS TO RESOURCES THEY CAN TRUST.Expenses $117,702
- TAKE ROOT MILWAUKEE: UEDA HELPED LAUNCH THIS PROGRAM IN 2010, WHICH WORKS IN PARTNERSHIP WITH THE CITY OF MILWAUKEE, FREDDIE MAC AND 55+ MEMBERS TO PROMOTE SUSTAINABLE HOMEOWNERSHIP RESOURCES AND STRONG NEIGHBORHOODS. ACTIVITIES INCLUDE PROGRAM ADMINISTRATION, EVENT COORDINATION, PROMOTION OF HOMEOWNERSHIP EDUCATION SERVICES, CONNECTING CONSUMERS TO HOMEBUYING AND HOME REPAIR AND RESOURCES, AND WORKING TO MITIGATGE THE IMPACT OF FORECLOSURES ON NEIGHBORHOODS.CONTRACTED SERVICES - UEDA OFFERS STRATEGIC PLANNING, EVENT COORDINATION, COMMUNITY OUTREACH, EVALUATION/RESEARCH, FISCAL SPONSORSHIP, ETC. AS A FEE-FOR-SERVICE TO MEMBERS AND OTHER COMMUNITY PARTNERS. PAST PROJECTS HAVE INCLUDED WORK WITH THE SOUTHEASTERN WISCONSIN REGIONAL PLANNING COMMISSION (SEWRPC), METCALFE PARK COMMUNITY BRIDGES, UPSTART KITCHEN, WI STUDENT LOAN DEBT COALITION, MAKING CONNECTIONS MILWAUKEE, MILWAUKEE BUSINESS IMPROVEMENT DISTRICT (BID) COUNCIL, AND THE HISTORIC KING DRIVE BIDEVENTS AND WORKSHOPS - UEDA COORDINATES AND/OR HOSTS EVENTS SUCH AS THE EMERGING TOPICS SERIES, WHICH PROVIDE OPPORTUNITIES FOR BUSINESSES, GOVERNMENT, AND COMMUNITY-BASED ORGANIZATIONS TO NETWORK, EXCHANGE IDEAS AND LEARN BEST PRACTICES ON VARIOUS ISSUES IMPACTING ECONOMIC AND COMMUNITY DEVELOPMENT. UEDA HOSTS AN ANNUAL FUNDRAISER, "CARNIVAL MILWAUKEE," EACH FEBRUARY THAT HIGHLIGHTS LOCAL BUSINESSES AND CULTURAL PARTNERS. UEDA HAS ALSO ADMINISTERED OR ASSISTED WITH VARIOUS EDUCATIONAL EVENTS IN COLLABORATION WITH LOCAL GOVERNMENT, MEMBERS, FUNDERS, AND OTHERS.Expenses $163,109 · grants $5,120 · revenue $5,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1893799
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $396,608
- Income (IRS master file)
- $855,480
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $833,467 | $686,479 | $396,608 | XML |
| 990 | December 2023 | $427,910 | $685,730 | $247,648 | XML |
| 990 | December 2022 | $652,783 | $528,856 | $491,165 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1893799).
Questions about URBAN ECONOMIC DEVELOPMENT
- What is the EIN of URBAN ECONOMIC DEVELOPMENT?
- The employer identification number (EIN) of URBAN ECONOMIC DEVELOPMENT is 39-1893799.
- Is URBAN ECONOMIC DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to URBAN ECONOMIC DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBAN ECONOMIC DEVELOPMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of URBAN ECONOMIC DEVELOPMENT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did URBAN ECONOMIC DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of URBAN ECONOMIC DEVELOPMENT?
- The 990 for the year ended December 31, 2024 names KRISTI LUZAR.
- Who are the officers and directors of URBAN ECONOMIC DEVELOPMENT?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $70,928 (KRISTI LUZAR, EXEUCTIVE DIRECTOR).
- How much revenue does URBAN ECONOMIC DEVELOPMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $833,467, expenses of $686,479 and total assets of $396,608 at year end.
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All nonprofits in MILWAUKEE · Wisconsin · Community improvement and capacity building