Nonprofit · EIN 71-1015136
MADISON REGION ECONOMIC PARTNERSHIP INC
Tax-exempt · MADISON, WI 53717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $860,102 | $955,314 | -$95,212 | $869,783 | $586,055 | $283,728 |
| December 31, 2023 | 990 | $3,733,917 | $4,098,732 | -$364,815 | $904,529 | $525,589 | $378,940 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $741,754
- of which government grants
- $375,754
- Program service revenue
- $110,717
- Investment income
- $7,631
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $143,813
- Other salaries and wages
- $366,747
- Salaries, compensation and benefits (total)
- $591,371
- Professional fundraising fees
- $0
- Legal fees
- $1,725
- Accounting fees
- $47,743
- Occupancy
- $58,046
- Travel
- $17,551
- Depreciation
- $11,899
Balance sheet and other
- Total assets, start of year
- $904,529
- Total assets, end of year
- $869,783
- Total liabilities, end of year
- $586,055
- Net assets, end of year
- $283,728
- Land, buildings and equipment
- $17,046
- Net assets without donor restrictions
- $283,728
- Gross receipts
- $860,102
- Employees
- 13
- Year formed
- 2006
- 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 |
|---|---|---|---|
| JASON FIELDS | PRESIDENT Trustee or director, Officer | 40 | $143,813 |
| JASON VANGALIS | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| SETH LENTZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR MARK THOMAS JR | TREASURER Trustee or director, Officer | 1 | $0 |
| PETER TAN | PAST BOARD C Trustee or director, Officer | 1 | $0 |
| JULI AULIK | EXECUTIVE CO Trustee or director | 1 | $0 |
| DAVID DE LEON | EXECUTIVE CO Trustee or director | 1 | $0 |
| KATIE BOYCE | DIRECTOR Trustee or director | 1 | $0 |
| DAN BROWN | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN CHAN | DIRECTOR Trustee or director | 1 | $0 |
| PAM CHRISTENSON | DIRECTOR Trustee or director | 1 | $0 |
| JEANNIE CULLEN SCHULTZ | DIRECTOR Trustee or director | 1 | $0 |
| DAVID FROHLING | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER HUGHES | DIRECTOR Trustee or director | 1 | $0 |
| ERIK IVERSON | DIRECTOR Trustee or director | 1 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN JOHNSTON | DIRECTOR Trustee or director | 1 | $0 |
| ROBB KAHL | DIRECTOR Trustee or director | 1 | $0 |
| TRACI MANN | DIRECTOR Trustee or director | 1 | $0 |
| TIM MCCUMBER | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER MNOOKIN | DIRECTOR Trustee or director | 1 | $0 |
| NATE OLSON | DIRECTOR Trustee or director | 1 | $0 |
| SATYA RHODES-CONWAY | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW ROETHE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID STARK | DIRECTOR Trustee or director | 1 | $0 |
| GENIA STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY WODAJO | DIRECTOR Trustee or director | 1 | $0 |
| STEVE LEVERENTZ | DIRECTOR Trustee or director | 1 | $0 |
| JIM YEHLE | DIRECTOR Trustee or director | 1 | $0 |
| KARL ZARLING | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER POLZER | DIRECTOR Trustee or director | 1 | $0 |
| DR TRACY PIERNER | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS YARBRO | DIRECTOR Trustee or director | 1 | $0 |
| ERIN DEELY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON FIELDS | PRESIDENT Trustee or director, Officer | 40 | $126,682 |
| PETER TAN | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| JULIA ARATA-FRATTA | TREASURER Trustee or director, Officer | 1 | $0 |
| SETH LENTZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| NYRA JORDAN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| JULI AULIK | EXECUTIVE CO Trustee or director | 1 | $0 |
| DAVID DE LEON | EXECUTIVE CO Trustee or director | 1 | $0 |
| DR MARK THOMAS JR | EXECUTIVE CO Trustee or director | 1 | $0 |
| KATIE BOYCE | DIRECTOR Trustee or director | 1 | $0 |
| DAN BROWN | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN CHAN | DIRECTOR Trustee or director | 1 | $0 |
| PAM CHRISTENSON | DIRECTOR Trustee or director | 1 | $0 |
| JEANNIE CULLEN SCHULTZ | DIRECTOR Trustee or director | 1 | $0 |
| DAVID FROHLING | DIRECTOR Trustee or director | 1 | $0 |
| MARK GREENE | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER HUGHES | DIRECTOR Trustee or director | 1 | $0 |
| ERIK IVERSON | DIRECTOR Trustee or director | 1 | $0 |
| ROBB KAHL | DIRECTOR Trustee or director | 1 | $0 |
| TRACI MANN | DIRECTOR Trustee or director | 1 | $0 |
| TIM MCCUMBER | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER MNOOKIN | DIRECTOR Trustee or director | 1 | $0 |
| NATE OLSON | DIRECTOR Trustee or director | 1 | $0 |
| JOE PARISI | DIRECTOR Trustee or director | 1 | $0 |
| DR TRACY PIERNER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER POLZER | DIRECTOR Trustee or director | 1 | $0 |
| SATYA RHODES-CONWAY | DIRECTOR Trustee or director | 1 | $0 |
| JON SCHUMACHER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID STARK | DIRECTOR Trustee or director | 1 | $0 |
| GENIA STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| JASON VANGALIS | DIRECTOR Trustee or director | 1 | $0 |
| JEREMY WODAJO | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS YARBRO | DIRECTOR Trustee or director | 1 | $0 |
| JIM YEHLE | DIRECTOR Trustee or director | 1 | $0 |
| KARL ZARLING | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8517 EXCELSIOR DR STE 107, MADISON, WI 53717-1995
- In care of
- % JENNIFER ALEXANDER
- Principal officer (990 for 2024)
- JASON FIELDS, 8517 EXCELSIOR DR 107, MADISON, WI 53717
- Signed the 990
- DR MARK THOMAS JR, TREASURER
- Phone
- (608) 571-0408
- Website
- WWW.MADISONREGION.ORG
- Return prepared by
- CASCADE CPA
Mission
TO PROTECT, LEVERAGE, AND ACCELERATE THE GROWTH OF OUR REGIONS STRONGEST ECONCOMIC OPPORTUNITIES AND TO FACILITATE AND SUPPORT COLLABORATIVE REGIONAL EFFORTS THAT PRESERVE AND ENHANCE OUR QUALITY OF LIFE.
Program accomplishments
- GROW OUR REGION'S OWN: THE DRIVING FORCE BEHIND NEW JOB AND INVESTMENT GROWTH IS THE EXPANSION OF ALREADY EXISTING COMPANIES. SUPPORTING AND BUILDING THE STREGTH OF THESE COMPANIES AND KEY SECTORS IS THE FOUNDATION OF LONG-TERM ECONOMIC DEVELOPMENT AND IS CENTRAL TO OUR CORE PHILOSOPHY. WE WILL ACCOMPLISH THIS THROUGH TWO PRIMARY INITIATIVES, CAPITAL GROWTH AND SECTOR DEVELOPMENT - INITIATIVE 1: CAPITAL GROWTH 2 REVOLVING LOAN FUND 3 ECONCOMIC DEVELOPMENT DISTRICT EDD AND INITATIVE 2 COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY CEDS - 1 STRATEGY COMMITTEE 2 INPUT SESSIONS AND INVESTORY RECEPTION 3 COMMUNICATIONS
- BUILD OUR REGION'S COMPETITIVE ADVANTAGE: WE WILL TARGET RESOURCES TOWARD ENSURING THAT THE MADISON REGION'S POLICYMAKERS AND BUSINESS LEADERS HAVE TIMELY AND RELEVANT INFORMATION FROM WHICH TO BASE THEIR DECISIONS. TO MAINTAIN OUR INTERNATIONAL COMPETITIVENESS. IT IS IMPORTANT TO CREATE THE CONTEXT THROUGH GOOD PUBLIC POLICY FOR LONG-TERM ECONOMIC GROWTH AND THE PRESERVATION OF OUR REGION'S QUALITY OF LIFE - INITIATIVE 3 COMMUNICATIONS - 1 WEBSITE DESIGN 2 MEDIA COVERAGE 3 SPEAKING ENGAGEMENTS
- PROMOTE A REGIONAL CULTURE AND BRAND: CONVENE STAKEHOLDERS FROM ACROSS THE MADISON REGION TO MOBILIZE DIALOGUE ON A RANGE OF IMPORTANT FRONTS, CENTRAL TO THIS COLLABORATION HAS BEEN AND WILL CONTINUE TO BE RAISING AWARENESS OF HOW THE SUCCESS OF ONE PART OF OUR REGION CAN TRANSLATE INTO SUCCESS FOR OUR ENTIRE REGION, GOING FORWARD, OUR WORK WILL BUILD ON THIS STRONG FOUNDATION AND CONTINUE TO BUILD BRIDGES BETWEEN AND WITHIN THE PUBLIC AND PRIVATE SECTORS TO EFFECTUATE TANGIBLE CHANGE AND GROWTH - INITIATIVE 4 REGIONAL PROMOTION & COLLABORATION - 1 BUSINESS LINK - SYNCHRONIST ED PRO SUPPORT
- EDA SECTOR STRATEGY GRANT, USDA REVOLVING LOAN FUND (RLF) PROGRAM AND MAIN STREET BOUNCE BACK GRANT.
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
- 71-1015136
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $869,783
- Income (IRS master file)
- $860,102
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $860,102 | $955,314 | $869,783 | XML |
| 990 | December 2023 | $3,733,917 | $4,098,732 | $904,529 | XML |
| 990 | December 2022 | $8,071,010 | $7,997,567 | $3,172,458 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 71-1015136).
Questions about MADISON REGION ECONOMIC PARTNERSHIP INC
- What is the EIN of MADISON REGION ECONOMIC PARTNERSHIP INC?
- The employer identification number (EIN) of MADISON REGION ECONOMIC PARTNERSHIP INC is 71-1015136.
- Is MADISON REGION ECONOMIC PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2010.
- Are donations to MADISON REGION ECONOMIC PARTNERSHIP INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MADISON REGION ECONOMIC PARTNERSHIP 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 MADISON REGION ECONOMIC PARTNERSHIP INC 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 MADISON REGION ECONOMIC PARTNERSHIP INC 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 MADISON REGION ECONOMIC PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 names JASON FIELDS.
- Who are the officers and directors of MADISON REGION ECONOMIC PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 33 people; 1 received compensation from the organization, the highest $143,813 (JASON FIELDS, PRESIDENT).
- How much revenue does MADISON REGION ECONOMIC PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $860,102, expenses of $955,314 and total assets of $869,783 at year end.
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All nonprofits in MADISON · Wisconsin · Community improvement and capacity building