Urban Economic Development Association: FY2023 Nonprofit Profile & Form 990 (EIN 39-1893799)

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

Name	FY2024	FY2023	FY2022	FY2021	FY2020
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.

See Urban Economic Development Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

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.

Questions for Urban Economic Development Association

Tap to ask. Urban Economic Development Association sees how many people are interested.

Your first name shows with your question. Urban Economic Development Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $417K · in their own filed words · FY2023

01

Capacity Building

Providing information, services and networking opportunities to ueda members. Ueda works to keep its members informed and updated on the key issues that impact their work including housing, neighborhood revitalization, real estate development, financial capability or economic inclusion, lending, government regulations, workforce issues…

$161Kprogram expense

02

Technical Assistance

Ueda is a sub recipient 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 training support…

$144Kprogram expense

03

Financial Empowerment

Ueda also engages in other initiatives as an intermediary organization, assisting to build and facilitate collaborations among individuals, organizations, and groups working in economic and community development, particularly in issues related to economic inclusion and small business.

$112Kprogram 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

Greater Milwaukee Foundation INCFY2024$79K

United Way of Greater Milwaukee & Waukesha County INCFY2024$10K

Network for Good INCFY2024$9K

Total grants receivedfrom 3 funders$98K

See all 3 funders →

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$428K

Ln 12

Gifts and grantsLn 1h$430K

Fees for servicesLn 2g$7K

Investment incomeLn 3$975

Money outPt IX

$686K

Ln 25

Programscol B$575K

Managementcol C$97K

Fundraisingcol D$14K

Owns and owesPt X

$212K

net assets · Ln 32

Cash and savingsLn 1–2$163K

Total assetsLn 16$248K

LiabilitiesLn 26$35K

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$430K

Government grantsLn 1e$145K

Fundraising eventsLn 1c$25K

Fees for servicesLn 2g$7K

Investment incomeLn 3$975

Total revenueLn 12$428K

Assets in detailPt X, end of year

CashLn 1$3K

SavingsLn 2$160K

Cash and savings togetherLn 1–2$163K

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$8K

Total assetsLn 16$248K

LiabilitiesLn 26$35K

Net assetsLn 32$212K

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

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$315K	$163K
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$491K	$248K
LiabilitiesLn 26	$21K	$35K
Net assetsLn 32	$470K	$212K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$15K	$15K
Pay of current officers, directors and key staffLn 5	$88K	$72K	$12K	$4K
Other salaries and wagesLn 7	$214K	$180K	$27K	$8K
Other employee benefitsLn 9	$13K	$11K	$2K	$52
Payroll taxesLn 10	$23K	$19K	$3K	$699
Accounting feesLn 11c	$27K		$27K
Other fees for servicesLn 11g	$220K	$200K	$20K
Advertising and promotionLn 12	$813	$813
Office expensesLn 13	$17K	$16K	$982	$210
OccupancyLn 16	$14K	$12K	$2K	$436
TravelLn 17	$2K	$2K	$119
Conferences, conventions and meetingsLn 19	$40K	$37K	$3K	$91
InsuranceLn 23	$4K	$4K	$576	$137
Other expenses (24a–d)Ln 24	$8K	$7K	$363	$708
Total functional expensesLn 25	$686K	$575K	$97K	$14K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$833K	$686K	$147K	$359K	990 PDF
FY2023 Viewing	$428K	$686K	−$258K	$212K	990 PDF
FY2022	$653K	$529K	$124K	$470K	990 PDF
FY2021	$620K	$537K	$82K	$346K	990 PDF
FY2020	$579K	$521K	$58K	$264K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $427,910 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $653,056$429,704

I-9 Program service revenuePrior year $7,250$6,942

I-10 Investment incomePrior year $24$975

I-11 Other revenuePrior year −$7,547−$9,711

I-12 Total revenuePrior year $652,783$427,910

I-13 Grants and similar amounts paidPrior year $3,437$14,715

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $244,218$338,024

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $281,201$332,991

I-18 Total expensesPrior year $528,856$685,730

I-19 Revenue less expensesPrior year $123,927−$257,820

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 $427,910 across 9 lines filed

VIII-1b Membership dues$51,995

VIII-1c Fundraising events$25,000

VIII-1e Government grants$145,093

VIII-1f All other contributions, gifts and grants$207,616

VIII-1h Total contributions, gifts and grants$429,704

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,942$6,942

VIII-3 Investment incomeExcluded from tax $975$975

VIII-8 Net income from fundraising eventsExcluded from tax −$9,711−$9,711

VIII-12 Total revenueRelated to mission $6,942 · Unrelated business $0 · Excluded from tax −$8,736$427,910

Part IX · Statement of functional expenses $685,730 across 14 lines filed

IX-1 Grants to domestic organizationsPrograms $14,715$14,715

IX-5 Pay of current officers, directors and key staffPrograms $71,817 · Management $12,097 · Fundraising $4,194$88,108

IX-7 Other salaries and wagesPrograms $179,889 · Management $26,878 · Fundraising $7,506$214,273

IX-9 Other employee benefitsPrograms $11,491 · Management $1,546 · Fundraising $52$13,089

IX-10 Payroll taxesPrograms $18,924 · Management $2,931 · Fundraising $699$22,554

IX-11c Accounting feesManagement $26,585$26,585

IX-11g Other fees for servicesPrograms $199,714 · Management $19,948$219,662

IX-12 Advertising and promotionPrograms $813$813

IX-13 Office expensesPrograms $15,770 · Management $982 · Fundraising $210$16,962

IX-16 OccupancyPrograms $11,801 · Management $1,828 · Fundraising $436$14,065

IX-17 TravelPrograms $1,827 · Management $119$1,946

IX-19 Conferences, conventions and meetingsPrograms $36,968 · Management $2,996 · Fundraising $91$40,055

IX-23 InsurancePrograms $3,709 · Management $576 · Fundraising $137$4,422

IX-24 Other expenses (24a–d)Programs $7,410 · Management $363 · Fundraising $708$8,481

IX-25 Total functional expensesPrograms $574,848 · Management $96,849 · Fundraising $14,033$685,730

Part X · Balance sheet $247,648 assets, 15 lines filed

X-1 Cash, non-interest-bearing$3,394

X-2 Savings and temporary cash investmentsStart of year $314,988$160,065

X-3 Pledges and grants receivableStart of year $164,147$70,443

X-4 Accounts receivableStart of year $1,000$5,475

X-9 Prepaid expenses and deferred chargesStart of year $1,350$720

X-10c Land, buildings and equipment, netStart of year $0$0

X-15 Other assetsStart of year $9,680$7,551

X-16 Total assetsStart of year $491,165$247,648

X-17 Accounts payable and accrued expensesStart of year $13,309$29,123

X-25 Other liabilitiesStart of year $7,712$6,201

X-26 Total liabilitiesStart of year $21,021$35,324

X-27 Net assets without donor restrictionsStart of year $54,702$11,999

X-28 Net assets with donor restrictionsStart of year $415,442$200,325

X-32 Total net assets or fund balancesStart of year $470,144$212,324

X-33 Total liabilities and net assetsStart of year $491,165$247,648

Part XI · Reconciliation of net assets $212,324 net assets at year end

XI-1 Total revenue$427,910

XI-2 Total expenses$685,730

XI-3 Revenue less expenses−$257,820

XI-4 Net assets at start of year$470,144

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$212,324

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Urban Economic Development Association FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid