Nonprofit · EIN 39-1306894
MCDEVCO INC
Also known as JAMES WARSAW
Tax-exempt · WAUSAU, WI 54401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,045,268 | $360,270 | $684,998 | $4,227,239 | $2,451,431 | $1,775,808 |
| August 31, 2024 | 990 | $367,541 | $353,242 | $14,299 | $3,406,953 | $2,316,143 | $1,090,810 |
| August 31, 2023 | 990 | $459,873 | $489,932 | -$30,059 | $3,358,696 | $2,259,971 | $1,098,725 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $845,920
- of which government grants
- $792,000
- Membership dues
- $30,315
- Program service revenue
- $136,755
- Investment income
- $62,593
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,000
- Compensation of officers, directors and key employees
- $105,835
- Other salaries and wages
- $83,664
- Salaries, compensation and benefits (total)
- $230,468
- Professional fundraising fees
- $0
- Legal fees
- $1,374
- Accounting fees
- $24,963
- Depreciation
- $7,355
- Program services (functional)
- $228,579
- Management and general (functional)
- $131,691
Balance sheet and other
- Total assets, start of year
- $3,406,953
- Total assets, end of year
- $4,227,239
- Total liabilities, end of year
- $2,451,431
- Net assets, end of year
- $1,775,808
- Land, buildings and equipment
- $6,007
- Net assets without donor restrictions
- $1,627,665
- Net assets with donor restrictions
- $148,143
- Gross receipts
- $1,045,268
- Employees
- 3
- Volunteers
- 35
- Year formed
- 1978
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMM WEBER | EXECUTIVE DIRECTOR Officer | 40 | $92,426 | $8,703 |
| SCOTT PAGENKOPF | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| FRED SCHAEFER | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JEFF VOIGT | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ERIC JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS PFENDER | TREASURER/2ND VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT POOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WAYNE HAGEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE RITTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON COVELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN VANDEWALLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDY FIFRICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMI GEBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAT PUYLEART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE ECKMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANN DRAEGER | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT BERGFELD | DIRECTOR Trustee or director | 1 | $0 |
| JEFFERY ZRINY | DIRECTOR Trustee or director | 1 | $0 |
| MAUREEN CARLSON | DIRECTOR Trustee or director | 1 | $0 |
| LANCE LEONHARD | DIRECTOR Trustee or director | 1 | $0 |
| GARY FREELS | DIRECTOR Trustee or director | 1 | $0 |
| JEFF STUBBE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMM WEBER | EXECUTIVE DIRECTOR Officer | 40 | $105,272 | $8,488 |
| SCOTT PAGENKOPF | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| FRED SCHAEFER | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JEFF VOIGT | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ERIC JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS PFENDER | TREASURER/2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT POOLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WAYNE HAGEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE RITTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON COVELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN VANDEWALLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDY FIFRICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMI GEBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAT PUYLEART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE ECKMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOANN DRAEGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT BERGFELD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFERY ZRINY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN CARLSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LANCE LEONHARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY FREELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF STUBBE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended August 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMM WEBER | EXECUTIVE DIRECTOR Officer | 40 | $105,826 | $5,403 |
| FRED SCHAEFER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TODD NAGEL | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT PAGENKOPF | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JEFF VOIGT | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARY ELLEN SCHILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS PFENDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BECKY BUCVH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH DONNER RETIRED SEPT 2023 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOANN DRAEGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE ECKMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY FREELS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT JACOBSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACH KYHOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LANCE LEONHARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICK SOCHA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY ZRINY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL RITTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON COVELLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOEL STRAUB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF STUBBE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIZ BRODEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT BERGFELD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 N 72ND AVE, WAUSAU, WI 54401-9042
- Principal officer (990 for 2024)
- CHRIS PFENDER, 100 N 72ND AVENUE, WAUSAU, WI 54401
- Signed the 990
- CHRIS PFENDER, TREASURER
- Phone
- (715) 298-0084
- Website
- WWW.MCDEVCO.ORG
- Return prepared by
- HAWKINS ASH CPAS LLP
Mission
TO INVEST IN BUSINESS DEVELOPMENT AND COMMUNITY GROWTH THROUGH THE INTEGRATION OF RESOURCES.
Program accomplishments
- 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.Expenses $228,579 · grants $2,000 · revenue $136,755
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 39-1306894
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $4,227,239
- Income (IRS master file)
- $1,045,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,045,268 | $360,270 | $4,227,239 | IRS |
| 990 | August 2024 | $367,541 | $353,242 | $3,406,953 | XML |
| 990 | August 2023 | $459,873 | $489,932 | $3,358,696 | XML |
| 990 | August 2022 | $695,703 | $550,321 | $4,483,100 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 39-1306894).
Questions about MCDEVCO INC
- What is the EIN of MCDEVCO INC?
- The employer identification number (EIN) of MCDEVCO INC is 39-1306894.
- Is MCDEVCO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to MCDEVCO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MCDEVCO INC 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 MCDEVCO INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MCDEVCO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of MCDEVCO INC?
- The 990 for the year ended August 31, 2025 names CHRIS PFENDER.
- Who are the officers and directors of MCDEVCO INC?
- The 990 for the year ended August 31, 2025 lists 22 people; 1 received compensation from the organization, the highest $92,426 (KIMM WEBER, EXECUTIVE DIRECTOR).
- How much revenue does MCDEVCO INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,045,268, expenses of $360,270 and total assets of $4,227,239 at year end.
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