2024-04-02T12:59:29-05:00 2023-08-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2022-09-01 391306894 MCDEVCO INC MCDE 7152980084 100 N 72ND AVENUE WAUSAU WI 54401 CHRIS PFENDER TREASURER 7152980084 2024-04-02 1 CHRIS PFENDER XXX-XX-XXXX 1 BRIANA PETERS CPA P01696400 9203369850 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS PFENDER 100 N 72ND AVENUE WAUSAU WI 54401 462736 0 X WWW.MCDEVCO.ORG X 1978 WI TO INVEST IN BUSINESS DEVELOPMENT AND COMMUNITY GROWTH THROUGH THE INTEGRATION OF RESOURCES. 22 22 3 36 0 0 529768 310219 143058 105210 18336 36717 4541 7727 695703 459873 0 115208 0 0 214555 213156 0 0 0 335766 161568 550321 489932 145382 -30059 4483100 3358696 3382316 2259971 1100784 1098725 TO INVEST IN BUSINESS DEVELOPMENT AND COMMUNITY GROWTH THROUGH THE INTEGRATION OF RESOURCES. 0 0 342605 115208 105210 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. 342605 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 11 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 WI X CHRIS PFENDER 7152980084 100 N 72ND AVE WAUSAU WI 54401 FRED SCHAEFER PRESIDENT 1.00 X X 0 0 0 TODD NAGEL PAST PRESIDENT 1.00 X X 0 0 0 SCOTT PAGENKOPF 1ST VICE PRESIDENT 1.00 X X 0 0 0 JEFF VOIGT 2ND VICE PRESIDENT 1.00 X X 0 0 0 MARY ELLEN SCHILL SECRETARY 1.00 X X 0 0 0 CHRIS PFENDER TREASURER 1.00 X X 0 0 0 BECKY BUCVH DIRECTOR 1.00 X 0 0 0 KEITH DONNER RETIRED SEPT 2023 DIRECTOR 1.00 X 0 0 0 JOANN DRAEGER DIRECTOR 1.00 X 0 0 0 DAVE ECKMANN DIRECTOR 1.00 X 0 0 0 GARY FREELS DIRECTOR 1.00 X 0 0 0 BRENT JACOBSON DIRECTOR 1.00 X 0 0 0 ZACH KYHOS DIRECTOR 1.00 X 0 0 0 LANCE LEONHARD DIRECTOR 1.00 X 0 0 0 RICK SOCHA DIRECTOR 1.00 X 0 0 0 JEFFREY ZRINY DIRECTOR 1.00 X 0 0 0 MICHAEL RITTER DIRECTOR 1.00 X 0 0 0 RON COVELLI DIRECTOR 1.00 X 0 0 0 JOEL STRAUB DIRECTOR 1.00 X 0 0 0 JEFF STUBBE DIRECTOR 1.00 X 0 0 0 LIZ BRODEK DIRECTOR 1.00 X 0 0 0 ROBERT BERGFELD DIRECTOR 1.00 X 0 0 0 KIMM WEBER EXECUTIVE DIRECTOR 40.00 X 105826 0 5403 105826 0 5403 1 0 0 0 0 30495 258727 20997 310219 REVOLVING LOAN ADMIN 522200 105210 105210 105210 36717 36717 10590 2863 7727 7727 7727 459873 105210 0 44444 115208 115208 105827 79370 26457 73505 55129 18376 21008 15756 5252 12816 9612 3204 1322 1322 72912 72912 5012 3759 1253 25989 23868 2121 13038 9779 3259 29829 20024 9805 123 92 31 2066 1550 516 7311 5483 1828 3966 2975 991 489932 342605 147327 0 1923578 2192327 929813 23856 100 850 1081912 1057567 2364 1925 107922 93358 541873 14564 3460 67607 4483100 3358696 27664 7753 25000 38042 1372813 0 1956839 2214176 3382316 2259971 X 931571 912210 169213 186515 1100784 1098725 4483100 3358696 -30059 28000 0 X X 0 1 X 1 0 X 533282 367216 567256 529768 310219 2307741 533282 367216 567256 529768 310219 2307741 108555 2199186 36102 40807 35284 35462 44444 192099 2499840 0.87970 0.85780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72825 70254 2571 35097 23104 11993 14564 DUE TO MUNICIPALITIES 2199714 LEASE LIABILITY 14462 2214176 X PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF AUGUST 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 0 SANCHEZ ENVIRONMENTAL INC 100 N 72ND AVE WAUSAU WI 54401 833372499 20000 0 FORGIVABLE LOAN NEWCH'S EATERY LLC 1810 MERRILL AVE WAUSAU WI 54401 842325430 7708 0 FORGIVABLE LOAN 0 2 PART I LINE 1 THE ORGANIZATION HAS A MONITORING PROGRAM FOR ALL AWARDS GIVEN TO ENSURE ENTITIES RECEIVING FUNDS ARE IN COMPLIANCE WITH REQUIREMENTS OF THE AWARD. FORM 990, PART VI, SECTION A, LINE 6 QUALIFICATIONS - ANY PERSON, ASSOCIATION, CORPORATION, PARTNERSHIP, FOUNDATION, GOVERNMENT BODY, OR ESTATE SHALL BECOME AND CONTINUE AS A MEMBER OF THE CORPORATION UPON PAYMENT OF SUCH ANNUAL DUES, AS MAY BE ESTABLISHED FROM TIME TO TIME BY THE BOARD OF DIRECTORS AND AS ARE IN EFFECT FOR THE THEN CURRENT FISCAL YEAR. MEMBERSHIP IN THE CORPORATION SHALL TERMINATE AS OF THE LAST DAY OF EACH CALENDAR YEAR UNLESS THE MEMBER ELECTS, ON OR BEFORE SUCH DAY TO EXTEND SUCH MEMBERSHIP BY PAYMENT OF SUCH DUES AS ARE IN EFFECT FOR THE NEXT CALENDAR YEAR. MEMBERSHIP IN "GOOD STANDING" SHALL BE DETERMINED ACCORDING TO RULES AND PROCEDURES ESTABLISHED BY THE BOARD OF DIRECTORS. VOTING MEMBERS - ASSOCIATIONS, CORPORATIONS, PARTNERSHIPS, FOUNDATIONS, GOVERNMENT BODIES, AND ESTATES SHALL DETERMINE THE INDIVIDUAL WITHIN THEIR RESPECTIVE ENTITIES WHO SHALL BE DESIGNATED AS THEIR VOTING MEMBERS. ANY NOTICE, PROXY, QUORUM, AND/OR VOTING REQUIREMENTS IN THESE BYLAWS SHALL NOT BE INVALID BECAUSE OF MEMBER'S FAILURE TO NOTIFY THE CORPORATION OF DESIGNATED VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER SHALL BE ENTITLED TO ONE (1) VOTE IN EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. THE VOTE OF ANY CORPORATION OR INSTITUTIONAL MEMBERS SHALL BE CAST BY ITS DESIGNATED REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 8B SUB COMMITTEES DO NOT TAKE MINUTES BUT ALSO DO NOT ACT ON BEHALF OF THE BOARD OF THE DIRECTORS. THEY REPORT TO THE BOARD OF DIRECTORS. NONE OF THE COMMITTEES ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND BOARD TREASURER CLOSELY REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REQUIRED TO BE SIGNED ANNUALLY. THIS IS MONITORED THROUGHOUT THE YEAR AND ANY MEMBERS WITH A CONFLICT WILL REMOVE THEMSELVES FROM ANY DISCUSSION ON SUCH TOPICS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MCDEVCO HOLDINGS LLC 300 N 3RD STREET STE 207 WAUSAU WI 54403 391306894 REAL ESTATE HOLDINGS WI 0 4202 MCDEVCO INC