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Passes our checks

Urban Economic Development

EIN 39-1893799 · Milwaukee, WI

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

LegitimacyPassesRegistration and standingFinancial healthFair69 out of 100GovernanceStrong97 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

UEDA IS A MEMBERSHIP ASSOCIATION DEDICATED TO THE PROFESIONAL DEVELOPMENT OF INDIVIDUALS AND GROUPS WORKING IN ECONOMIC AND COMMUNITY DEVELOMPENT IN WISCONSIN. UEDA'S WORK HAS FOCUSED PRIMARILY ON HOUSING DEVELOPMENT, ECONOMIC DEVELOPMENT AND JOB CREATION.

Income
$833,467
Spending
$686,479
Spent on programs
90%
Reserves
0.8 months of spending
Largest source of income
donations and private grants, 79%
Employees
0
Volunteers
84
Highest pay
$87,888, exeuctive director

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: 69 out of 100. Higher than 41% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.8 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 18% of income.

  • Income trend

    15 of 15

    Income rose 95% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 2 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: 97 out of 100. Higher than 88% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 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

    7 of 7

    Has a 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

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $190,060 spent. TECHNICAL ASSISTANCE: UEDA RECEIVES U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FROM THE CITY OF MILWAUKEE. PROJECTS INCLUDE COMMUNITY PLANNING/OUTREACH, POLICY AND PROGRAM REVIEW, DATA ANALYSIS, AGENCY TRAINING, AND ORGANIZATIONAL PROJECTS TO STRENGTHEN THE OPERATIONS OF OTHER CDBG-FUNDED AGENCIES (I.E. FINANCIAL MANAGEMENT, STRATEGIC PLANNING, GOVERNANCE, EVALUATION, TECHNOLOGY) AND SUPPORT GOALS RELATED TO AFFORDABLE HOUSING AND LOW-INCOME COMMUNITIES.
  2. $149,693 spent. CAPACITY BUILDING & MEMBERSHIP: UEDA PROVIDES INFORMATION, RESOURCES, AND NETWORKING OPPORTUNITIES TO ITS MEMBERS AND PARTNERS. WE KEEP THEM INFORMED ON ISSUES SUCH AS AFFORDABLE HOUSING, NEIGHBORHOOD REVITALIZATION, REAL ESTATE, ECONOMIC INCLUSION, FINANCIAL SERVICES, REGULATIONS, WORKFORCE DEVELOPMENT, REGIONAL TRANSPORTATION, AND SMALL BUSINESS SUPPORT. INCLUDES EVENTS, MONTHLY NEWSLETTER, TRAINING/EDUCATION, AFFINITY GROUPS (NONPROFIT LIFT, FINANCIAL HEALTH COUNSELORS), COMMITTEE SERVICE, AND SOCIAL MEDIA ENGAGEMENT.
  3. $117,702 spent. FINANCIAL EMPOWERMENT: UEDA HOSTS THE BANK ON GREATER MILWAUKEE COALITION, PART OF A NATIONAL NETWORK THAT CONNECTS PEOPLE TO SAFE AND AFFORDABLE FINANCIAL PRODUCTS AND SERVICES. THIS CROSS-SECTOR INITIATIVE IS A COLLABORATION BETWEEN FINANCIAL INSTITUTIONS, COMMUNITY-BASED ORGANIZATIONS AND LOCAL GOVERNMENT TO ENSURE THAT ALL RESIDENTS HAVE THE OPPORTUNITY TO BE FINANCIALLY HEALTHY AND HAVE ACCESS TO RESOURCES THEY CAN TRUST.
  4. $163,109 spent. TAKE ROOT MILWAUKEE: UEDA HELPED LAUNCH THIS PROGRAM IN 2010, WHICH WORKS IN PARTNERSHIP WITH THE CITY OF MILWAUKEE, FREDDIE MAC AND 55+ MEMBERS TO PROMOTE SUSTAINABLE HOMEOWNERSHIP RESOURCES AND STRONG NEIGHBORHOODS. ACTIVITIES INCLUDE PROGRAM ADMINISTRATION, EVENT COORDINATION, PROMOTION OF HOMEOWNERSHIP EDUCATION SERVICES, CONNECTING CONSUMERS TO HOMEBUYING AND HOME REPAIR AND RESOURCES, AND WORKING TO MITIGATGE THE IMPACT OF FORECLOSURES ON NEIGHBORHOODS.CONTRACTED SERVICES - UEDA OFFERS STRATEGIC PLANNING, EVENT COORDINATION, COMMUNITY OUTREACH, EVALUATION/RESEARCH, FISCAL SPONSORSHIP, ETC. AS A FEE-FOR-SERVICE TO MEMBERS AND OTHER COMMUNITY PARTNERS. PAST PROJECTS HAVE INCLUDED WORK WITH THE SOUTHEASTERN WISCONSIN REGIONAL PLANNING COMMISSION (SEWRPC), METCALFE PARK COMMUNITY BRIDGES, UPSTART KITCHEN, WI STUDENT LOAN DEBT COALITION, MAKING CONNECTIONS MILWAUKEE, MILWAUKEE BUSINESS IMPROVEMENT DISTRICT (BID) COUNCIL, AND THE HISTORIC KING DRIVE BIDEVENTS AND WORKSHOPS - UEDA COORDINATES AND/OR HOSTS EVENTS SUCH AS THE EMERGING TOPICS SERIES, WHICH PROVIDE OPPORTUNITIES FOR BUSINESSES, GOVERNMENT, AND COMMUNITY-BASED ORGANIZATIONS TO NETWORK, EXCHANGE IDEAS AND LEARN BEST PRACTICES ON VARIOUS ISSUES IMPACTING ECONOMIC AND COMMUNITY DEVELOPMENT. UEDA HOSTS AN ANNUAL FUNDRAISER, "CARNIVAL MILWAUKEE," EACH FEBRUARY THAT HIGHLIGHTS LOCAL BUSINESSES AND CULTURAL PARTNERS. UEDA HAS ALSO ADMINISTERED OR ASSISTED WITH VARIOUS EDUCATIONAL EVENTS IN COLLABORATION WITH LOCAL GOVERNMENT, MEMBERS, FUNDERS, AND OTHERS.

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

  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 September 7, 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 September 30, 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 September 10, 2026.

  4. 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.

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

    Recognized by the IRS since November 1997.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 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.