Urban Economic Development Association FY2020 filing

Tax-deductible

Milwaukee, WI501(c)(3)Community DevelopmentEIN 39-1893799Revenue $579K in FY2020

On file with the IRSuedawi.org1915 N Martin Luther King JR Dr 26, 53212-3675 · Milwaukee, WITax-exempt since Nov 1997Publicly supported — 509(a)(2)

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Ueda is a membership Association dedicated to the professional Development of individuals and groups working in Economic and community Development in wisconsin. Ueda's work has focused primarily on housing Development, Economic Development and job creation with an emphasis on regional transportation, foreclosure mitigation, sustainable homeownership and regional food initiatives.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $31K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $98K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$579K
Spent
$521K
To programs
88%
Net assets
$264K
By yearFY2020–FY2024
Revenue
$579K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$579K
FY2021$620K
FY2022$653K
FY2023$428K
FY2024$833K
Expenses
$521K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$521K
FY2021$537K
FY2022$529K
FY2023$686K
FY2024$686K
Net assets
$264K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$264K
FY2021$346K
FY2022$470K
FY2023$212K
FY2024$359K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $456K Management & general 9% · $49K Fundraising 3% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$54,851Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kristi Luzar’s $71K as Exeuctive Director is at the 47th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristi Luzar$70,928$66,827$63,026$58,013$54,851

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports professionals in Wisconsin's economic and community development through training and resources.

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Provided by the organization

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3 programs · $424K · in their own filed words · FY2020
01

Technical assistance--ueda is a subrecipient for U.S. Department of housing and urban development (hud) community development block grant (CDBG) funds for the city of milwaukee. Projects include coordination of community planning and eviction prevention services, policy and program REVIEW/DEVELOPMENT, neighborhood-based data analysis and…

$222Kprogram expense
02

Other collaborative projects--ueda also engages in other initiatives as an intermediary organization, assisting to build and facilitate collaborations among individuals, organizations and groups working across sectors in economic and community development and support of the nonprofit sector.

$120Kprogram expense
03

Take root milwaukee--a program of ueda, this initiative is in partnership with the city of milwaukee, freddie mac and 54 other members to promote sustainable homeownership resources and strong neighborhoods.

$83Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$98K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$579K
Ln 12
Gifts and grantsLn 1h$579K
Fees for servicesLn 2g$1K
Investment incomeLn 3$60
Money outPt IX
$521K
Ln 25
Programscol B$456K
Managementcol C$49K
Fundraisingcol D$16K
Owns and owesPt X
$264K
net assets · Ln 32
Cash and savingsLn 1–2$124K
Total assetsLn 16$273K
LiabilitiesLn 26$9K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$579K
Government grantsLn 1e$268K
Noncash giftsLn 1g$9K
Fundraising eventsLn 1c$28K
Fees for servicesLn 2g$1K
Investment incomeLn 3$60
Total revenueLn 12$579K
Assets in detailPt X, end of year
CashLn 1$59K
SavingsLn 2$65K
Cash and savings togetherLn 1–2$124K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1K
Total assetsLn 16$273K
LiabilitiesLn 26$9K
Net assetsLn 32$264K
OperationsPt I, VI
EmployeesI 50
VolunteersI 686
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$80K$124K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$224K$273K
LiabilitiesLn 26$18K$9K
Net assetsLn 32$206K$264K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Grants to domestic individualsLn 2$2K$2K
Pay of current officers, directors and key staffLn 5$66K$46K$15K$5K
Other salaries and wagesLn 7$180K$167K$7K$6K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$20K$17K$2K$892
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$186K$179K$7K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$8K$7K$700$370
OccupancyLn 16$13K$11K$1K$594
TravelLn 17$275$275
Conferences, conventions and meetingsLn 19$11K$8K$73$3K
InsuranceLn 23$3K$3K$290$154
All other expensesLn 24e$2K$2K$149$79
Total functional expensesLn 25$521K$456K$49K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $833K$686K$147K$359K 990 PDF
FY2023 $428K$686K−$258K$212K 990 PDF
FY2022 $653K$529K$124K$470K 990 PDF
FY2021 $620K$537K$82K$346K 990 PDF
FY2020 Viewing $579K$521K$58K$264K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $579,308 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $430,993$578,749
I-9 Program service revenuePrior year $8,449$1,249
I-10 Investment incomePrior year $215$60
I-11 Other revenuePrior year −$325−$750
I-12 Total revenuePrior year $439,332$579,308
I-13 Grants and similar amounts paidPrior year $8,513$2,899
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $229,958$267,879
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $181,471$250,373
I-18 Total expensesPrior year $419,942$521,151
I-19 Revenue less expensesPrior year $19,390$58,157
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $579,308 across 10 lines filed
Lines not itemized here account for $2,265 of total revenue; see the IRS return.
VIII-1b Membership dues$28,625
VIII-1c Fundraising events$27,870
VIII-1e Government grants$268,416
VIII-1f All other contributions, gifts and grants$253,838
VIII-1g Noncash contributions (included above)$9,140
VIII-1h Total contributions, gifts and grants$578,749
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,249$1,249
VIII-3 Investment incomeExcluded from tax $60$60
VIII-8 Net income from fundraising eventsExcluded from tax −$3,015−$3,015
VIII-12 Total revenueRelated to mission $1,249 · Unrelated business $0 · Excluded from tax −$690$579,308
Part IX · Statement of functional expenses $521,151 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-2 Grants to domestic individualsPrograms $1,899$1,899
IX-5 Pay of current officers, directors and key staffPrograms $45,894 · Management $14,706 · Fundraising $5,056$65,656
IX-7 Other salaries and wagesPrograms $166,605 · Management $6,644 · Fundraising $6,269$179,518
IX-9 Other employee benefitsPrograms $3,147$3,147
IX-10 Payroll taxesPrograms $16,984 · Management $1,682 · Fundraising $892$19,558
IX-11c Accounting feesManagement $16,528$16,528
IX-11g Other fees for servicesPrograms $179,262 · Management $6,938$186,200
IX-12 Advertising and promotionPrograms $9,964$9,964
IX-13 Office expensesPrograms $7,049 · Management $700 · Fundraising $370$8,119
IX-16 OccupancyPrograms $11,308 · Management $1,118 · Fundraising $594$13,020
IX-17 TravelPrograms $275$275
IX-19 Conferences, conventions and meetingsPrograms $8,417 · Management $73 · Fundraising $2,664$11,154
IX-23 InsurancePrograms $2,935 · Management $290 · Fundraising $154$3,379
IX-24e All other expensesPrograms $1,506 · Management $149 · Fundraising $79$1,734
IX-25 Total functional expensesPrograms $456,245 · Management $48,828 · Fundraising $16,078$521,151
Part X · Balance sheet $273,027 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year −$8,900$59,148
X-2 Savings and temporary cash investmentsStart of year $89,323$65,148
X-3 Pledges and grants receivableStart of year $139,786$146,842
X-4 Accounts receivableStart of year $1,250$0
X-9 Prepaid expenses and deferred chargesStart of year $1,036$539
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $1,350$1,350
X-16 Total assetsStart of year $223,845$273,027
X-17 Accounts payable and accrued expensesStart of year $17,865$8,890
X-26 Total liabilitiesStart of year $17,865$8,890
X-27 Net assets without donor restrictionsStart of year $46,840$147,727
X-28 Net assets with donor restrictionsStart of year $159,140$116,410
X-32 Total net assets or fund balancesStart of year $205,980$264,137
X-33 Total liabilities and net assetsStart of year $223,845$273,027
Part XI · Reconciliation of net assets $264,137 net assets at year end
XI-1 Total revenue$579,308
XI-2 Total expenses$521,151
XI-3 Revenue less expenses$58,157
XI-4 Net assets at start of year$205,980
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$264,137

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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