2025-04-08T16:10:49-05:00 2024-08-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2023-09-01 391306894 MCDEVCO INC MCDE 7152980084 100 N 72ND AVENUE WAUSAU WI 54401 CHRIS PFENDER TREASURER 7152980084 2025-03-24 1 1 BRIANA PETERS CPA P01696400 9203369850 2025-03-24 2023 2025-03-06 01:10:19Z CHRIS PFENDER 100 N 72ND AVENUE WAUSAU WI 54401 383403 0 X WWW.MCDEVCO.ORG X 1978 WI TO INVEST IN BUSINESS DEVELOPMENT AND COMMUNITY GROWTH THROUGH THE INTEGRATION OF RESOURCES. 21 21 4 38 0 0 310219 190843 105210 130253 36717 51807 7727 -5362 459873 367541 115208 5000 0 0 213156 223648 0 0 0 161568 124594 489932 353242 -30059 14299 3358696 3406953 2259971 2316143 1098725 1090810 TO INVEST IN BUSINESS DEVELOPMENT AND COMMUNITY GROWTH THROUGH THE INTEGRATION OF RESOURCES. 0 0 238364 5000 130253 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. 238364 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 11 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 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 SCOTT PAGENKOPF PRESIDENT 1.00 X X 0 0 0 FRED SCHAEFER PAST PRESIDENT 1.00 X X 0 0 0 JEFF VOIGT 1ST VICE PRESIDENT 1.00 X X 0 0 0 ERIC JOHNSON SECRETARY 1.00 X X 0 0 0 CHRIS PFENDER TREASURER/2ND VICE PRESIDENT 1.00 X X 0 0 0 SCOTT POOLE DIRECTOR 1.00 X 0 0 0 WAYNE HAGEN DIRECTOR 1.00 X 0 0 0 MIKE RITTER DIRECTOR 1.00 X 0 0 0 RON COVELLI DIRECTOR 1.00 X 0 0 0 RYAN VANDEWALLE DIRECTOR 1.00 X 0 0 0 RANDY FIFRICK DIRECTOR 1.00 X 0 0 0 JAMI GEBERT DIRECTOR 1.00 X 0 0 0 PAT PUYLEART DIRECTOR 1.00 X 0 0 0 DAVE ECKMANN DIRECTOR 1.00 X 0 0 0 JOANN DRAEGER DIRECTOR 1.00 X 0 0 0 ROBERT BERGFELD DIRECTOR 1.00 X 0 0 0 JEFFERY ZRINY DIRECTOR 1.00 X 0 0 0 MAUREEN CARLSON DIRECTOR 1.00 X 0 0 0 LANCE LEONHARD DIRECTOR 1.00 X 0 0 0 GARY FREELS DIRECTOR 1.00 X 0 0 0 JEFF STUBBE DIRECTOR 1.00 X 0 0 0 KIMM WEBER EXECUTIVE DIRECTOR 40.00 X 105272 0 8488 105272 0 8488 1 0 0 0 0 34865 127248 28730 190843 REVOLVING LOAN ADMIN 522200 130253 130253 130253 51807 51807 10500 15862 -5362 -5362 -5362 367541 130253 0 46445 5000 5000 105272 78954 26318 79889 59917 19972 25632 19222 6410 12855 9645 3210 3062 3062 47110 47110 7084 5314 1770 40189 37497 2692 10027 10027 64 64 109 79 30 5208 3908 1300 7597 5697 1900 4144 3104 1040 353242 238364 114878 0 2192327 2347772 23856 8140 850 1057567 954519 1925 785 111942 100955 14564 10987 67607 84750 3358696 3406953 7753 25229 38042 12042 2214176 2278872 2259971 2316143 X 912210 938515 186515 152295 1098725 1090810 3358696 3406953 X 14299 -22214 X X 0 1 X 1 0 X 367216 567256 529768 310219 190843 1965302 367216 567256 529768 310219 190843 1965302 57031 1908271 40807 35284 35462 44444 51807 207804 2173106 0.87810 0.87970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76845 71613 5232 35097 29342 5755 10987 DUE TO MUNICIPALITIES 2278872 2278872 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, 2024 AND 2023, 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. 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 XI, LINE 9: CUMULATIVE EFFECT ADJUSTMENT -22,214. 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 4202 MCDEVCO INC