2024-05-07T13:37:15-07:00 2023-06-30 391810886 Krause & Associates SC 1214 Bridge Street Grafton WI 53024 990 2022-07-01 311683712 MENOMONEE VALLEY PARTNERS INC MENO 4142215506 231 W MICHIGAN MILWAUKEE WI 53203 PAT O'CONNOR TREASURER 4142215506 2023-11-06 true PAT OCONNOR true David Krause P00064346 2623779988 2024-05-07 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z BRUCE KEYES 231 W MICHIGAN MILWAUKEE WI 53203 420413 false X www.thevalleymke.org X 1999 WI TO REVITALIZE AND SUSTAIN THE MENOMONEE VALLEY FOR THE BENEFIT OF THE GREATER MILWAUKEE COMMUNITY. 21 21 5 500 0 0 395623 344569 50348 49997 10979 25847 0 456950 420413 100 0 341353 377855 0 14563 82631 93164 423984 471119 32966 -50706 1379326 1311325 31375 23786 1347951 1287539 X TO REVITALIZE AND SUSTAIN THE MENOMONEE VALLEY FOR THE BENEFIT OF THE GREATER MILWAUKEE COMMUNITY. false false 111592 100 2497 Thriving district: Maintain a thriving, sustainable, urban district that is home to manufacturing, entertainment, and recreation. Work within this category includes programs that focus on public safety, district beautification, and marketing the district and its amenities. 111065 0 47500 Workforce connections: Connect employers to a regional, job-ready workforce and position local workers to be competitive for upcoming employment opportunities. Work within this category includes the youth-focused Career Discovery Initiative programs and Rotational Internship Program, as well as a variety of programs that build and support the Valley workforce, including programs such as the Valley Circles professional development programs for Valley employees, workforce transportation work, and shared workforce training programs to build and retain the Valley workforce. 85680 0 0 Redevelopment: Encourage and facilitate high-quality redevelopment of vacant parcels and underutilized properties and recruit high-quality employers. Work in this category includes predevelopment and due diligence to redevelop vacant properties, working with businesses, brokers, and other partners to attract businesses to the Valley, and supporting existing businesses in their growth with a range of technical assistance. 61257 0 0 Transportation and infrastructure: Ensure development of effective transportation access and other beneficial infrastructure. Work in this category involves coordinating with public and private sector partners on major infrastructure projects in and around the Valley, including I-94 reconstruction, rail projects, planning infrastructure necessary to developing vacant parcels, and the development of riverwalk. 61257 0 0 369594 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 3 0 true 5 true false false false false false false false false false false false false X 21 21 true false false false false false false true true false false true true true true true false true true false WI X SCRIBNER COEHN CO SC 4142744655 400 E MASON STREET 300 MILWAUKEE WI 53202 COREY ZETTS EXECUTIVE DIRECTOR 40.00 X 105614 0 0 MICHAEL HATCH CHAIR 5.00 X X 0 0 0 BRUCE KEYES PRESIDENT 5.00 X X 0 0 0 JEFF MORGAN VICE PRESIDENT 5.00 X X 0 0 0 MICHELE BRIA SECRETARY 5.00 X X 0 0 0 PAT O'CONNOR TREASURER 5.00 X X 0 0 0 JENNIFER BOGNAR ZIERER DIRECTOR 1.00 X 0 0 0 MIKE BROCKMAN DIRECTOR 1.00 X 0 0 0 CHYTANIA BROWN DIRECTOR 1.00 X 0 0 0 WENDY BUSHELL DIRECTOR 1.00 X 0 0 0 LAFAYETTE CRUMP DIRECTOR 1.00 X 0 0 0 BILL DAVIDSON DIRECTOR 1.00 X 0 0 0 SARA EVERTS DIRECTOR 1.00 X 0 0 0 KERRY JANOVITCH DIRECTOR 1.00 X 0 0 0 JERREL KRUSCHKE DIRECTOR 1.00 X 0 0 0 KATHERINE LAZARSKI DIRECTOR 1.00 X 0 0 0 EUGENE MANZANET DIRECTOR 1.00 X 0 0 0 GLENN MARGRAFF DIRECTOR 1.00 X 0 0 0 CLAUDIA PAETSCH DIRECTOR 1.00 X 0 0 0 JULIE PENMAN DIRECTOR 1.00 X 0 0 0 SHERI SCHMIT DIRECTOR 1.00 X 0 0 0 CRAIG THOMPSON DIRECTOR 1.00 X 0 0 0 105614 0 0 1 false false false 150000 194569 344569 CATALYTIC PROJECTS 812990 49997 0 0 49997 25847 0 25847 420413 49997 0 25847 100 100 106132 92915 9262 3955 188788 176881 5189 6718 8350 7568 453 329 52471 44574 5952 1945 22114 20041 1210 863 17683 0 17683 0 41419 2965 38340 114 2912 1598 1036 278 2572 1657 910 5 17103 13302 3748 53 3428 3079 252 97 DUES AND SUBSCRIPTIONS 789 612 151 26 MISCELLANEOUS 3035 522 2496 17 LICENSES AND PERMITS 72 18 54 0 TELEPHONE 4151 3762 226 163 471119 369594 86962 14563 306214 207969 60000 75000 2560 1681 2718 2700 1007834 1023975 1379326 1311325 31375 23786 31375 23786 X 1275801 1200039 72150 87500 1347951 1287539 1379326 1311325 -50706 -9706 X false true X true false X 0 304626 270802 148586 245623 194569 1164206 155000 125000 150000 150000 150000 730000 0 459626 395802 298586 395623 344569 1894206 380579 1513627 19153 18539 16645 10979 25847 91163 0 0 1985369 169313 0.76240 0.77890 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 446320 -9706 35613 25907 420413 420413 506732 35613 35613 471119 471119 Pt X, Line 2 The Organization is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. The Organization evaluates it tax positions and assesses their uncertainty, if any, through review and application of various sources of tax authority including statutes, regulations, rulings, court cases and widely held administrative practices. The Organization's informational returns are subject to examination by the IRS, generally for three years after they were filed. Management believes that no uncertain tax positions exist for the Organization. The Organization has not incurred any interest or penalties for income taxes. Pt VI, Line 11b THE EXECUTIVE DIRECTOR AND MANAGEMENT COMMITTEE REVIEW AND THE FULL BOARD IS PROVIDED A COPY OF FORM 990 AND ATTACHMENTS PRIOR TO FILING. Pt VI, Line 12c AT THE BEGINNING OF EACH FISCAL YEAR, MVP BOARD MEMBERS AND EMPLOYEES MUST COMPLETE A CONFLICT OF INTEREST STATEMENT. IN THE EVENT ANY OFFICER, DIRECTOR OR EMPLOYEE HAS A FINANCIAL INTEREST IN A PROJECT TO BE FUNDED OR A SERVICE TO BE PROVIDED TO MVP, THAT INDIVIDUAL SHALL PROMPTLY NOTIFY THE MANAGEMENT COMMITTEE, SPECIFYING THE INTEREST. THE MANAGEMENT COMMITTEE SHALL REVIEW THE CIRCUMSTANCES TO DETERMINE WHETHER UNDERTAKING THE PROJECT OR OBTAINING THE SERVICE IS NONETHELESS CONSISTENT WITH THE GOALS OF MVP AND WITH THE TERMS OF ANY GRANTS, LOANS, OR FUNDING SOURCES USED TO UNDERTAKE THE PROJECT OR OBTAIN THE SERVICE. WHERE APPROPRIATE IN THE JUDGEMENT OF THE MANAGEMENT COMMITTEE, THE FINANCIAL INTEREST SHALL BE DISCLOSED TO AND/OR APPROVED BY THE FULL BOARD OF DIRECTORS. NO BOARD MEMBER SHALL VOTE ON OR PARTICIPATE IN THE DISCUSSION OF ANY ITEM IN WHICH THAT MEMBER HAS A FINANCIAL INTERST. IN THE CASE OF SERVICES IN WHICH AN OFFICER, DIRECTOR, OR EMPLOYEE HAS A FINANCIAL INTEREST, THE MANAGEMENT COMMITTEE SHALL DETERMINE THAT SERVICES OF EQUAL VALUE ARE NOT AVAILABLE FROM ANOTHER SOURCE AT A SIGNIFICANTLY LOWER COST TO MVP. Pt VI, Line 15a THE BOARD'S MANAGEMENT COMMITTEE REVIEWS COMPENSATION SURVEY DATA AND SETS RANGES FOR EACH POSITION AT MVP. RANGES FOR ALL CURRENT POSITIONS WERE LAST SET IN 2015, USING THREE DATA SETS OF COMPARABLES. RECOMMENDATIONS FOR SALARIES AND BENEFITS ARE BASED ON PERFORMANCE REVIEWS AND BUDGET CONSTRAINTS AND ARE APPROVED BY THE BOARD. Pt VI, Line 15b THE BOARD'S MANAGEMENT COMMITTEE REVIEWS COMPENSATION SURVEY DATA AND SETS RANGES FOR EACH POSITION AT MVP. RANGES FOR ALL CURRENT POSITIONS WERE LAST SET IN 2015, USING THREE DATA SETS OF COMPARABLES. RECOMMENDATIONS FOR SALARIES AND BENEFITS ARE BASED ON PERFORMANCE REVIEWS AND BUDGET CONSTRAINTS AND ARE APPROVED BY THE BOARD. Pt VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. Pt VI, Line 2 BOARD MEMBERS JEFF MORGAN AND LAURA GORANSON ARE BROTHER-IN-LAW AND SISTER-IN-LAW. Form 990, Part III, Line 4d Transportation and infrastructure: Ensure development of effective transportation 61257. 0. 0. MVP ACQUISITION LLC 231 WEST MICHIGAN ST P421 MILWAUKEE WI 532032220 ACQUIRING, DEVELOPING, MANAGING AND SELLING REAL ESTATE WI NA BUSINESS IMPROVEMENT DISTRICT NO 26 231 W MICHIGAN ST P421 MILWAUKEE WI 53203 391984855 PROMOTE THE REDEVELOPMENT OF MENOMONEE VALLEY WI QUASI-GOVERNMENT NA false false false true false false false false false false false false false false false false false false false false BUINESS IMPROVEMENT DISTRICT NO 26 C 155000 ANNUAL AGREEMENT