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Passes our checks

Menomonee Valley Partners Inc

EIN 31-1683712 · Milwaukee, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO REVITALIZE AND SUSTAIN THE MENOMONEE VALLEY FOR THE BENEFIT OF THE GREATER MILWAUKEE COMMUNITY.

Income
$413,216
Spending
$533,310
Spent on programs
89%
Reserves
25.4 months of spending
Largest source of income
donations and private grants, 84%
Employees
7
Volunteers
500
Highest pay
$121,801, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 49% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 25.4 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 29% of income.

  • Income trend

    5 of 15

    Income fell 22% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 85% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    22 of 22 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $117,395 spent. 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.
  2. $170,158 spent. 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.
  3. $104,619 spent. 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.
  4. $83,246 spent. 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.
  5. Transportation and infrastructure: Ensure development of effective transportation 83246. 0. 0.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.