Greater Milwaukee Committee for Community Development
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Greater Milwaukee Committee is a private sector civic organization that aims to contribute to the cultural and economic base of the Milwaukee area. Continued on Schedule O.
- Income
- $1.6 million
- Spending
- $1.5 million
- Spent on programs
- 66%
- Reserves
- 8.2 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 8
- Volunteers
- 22
- Highest pay
- $395,969, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100.
Reserves
28 of 35Spendable reserves would cover 8.2 months of spending.
Debt
10 of 20It owes 42% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
0 of 15Income fell 47% on the year before.
Spending floor
15 of 1566% of spending went to programs and raising each dollar of donations cost 15 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2522 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (4)
- $355,660 spent. Infrastructure Thriving, growing cities depend on both catalytic capital investment as well as public health, housing and transportation to support quality of life. GMC convenes stakeholders and supports worthwhile infrastructure initiatives to support stronger and better outcomes for residents.
- $266,241 spent. Education From early childhood to post-secondary education, high quality education alternatives are necessary to attract and retain families and develop our future workforce and citizens. GMC and its members work to ensure that the educational infrastructure at all levels can keep up with the rapid pace of change and meet the educational needs in our community
- $227,586 spent. Fiscal Strength and Innovation Thriving communities are built on a foundation of effective, efficient and fiscally secure public services supported and leveraged by robust businesses and civic organizations. GMC and its members work in collaboration with the public sector to forge a sustainable path for government services. Government representatives and their civic partners seek creative long-term solutions that will promote equitable delivery of services and economic vitality that can be accessed by all in the community.
- Program Service Expenses 148,034, Grants and allocations 0, Revenue 0 Public Safety A sense of safety and wellbeing is essential for communities to remain unified and on a path toward growth. GMC brings together stakeholders from the business and civic community to ensure that the community institutions responsible for public safety remain strong and that the leaders in the community attack not only the consequences of criminal behavior but the myriad causes that diminish the ability of residents to feel or be safe.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1950.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 October 7, 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.