Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Nmsb Development Corporation
EIN 20-0925187 • 501(c)3 • Milwaukee, WI
Profile
Promotion of economic development in economically blighted neighborhoods in the city of milwaukee, wi
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.90x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$200,592
Up $7,059 (+3.6%) from 2013
Liabilities
Up$180,603
Up $712 (+0.4%) from 2013
Net Assets
Up$19,989
Up $6,347 (+47%) from 2013
Revenue
Up$7,122
Up $3,306 (+87%) from 2013
Expenses
Down$775
Down $10,995 (-93%) from 2013
Net Income
Up$6,347
Up $14,301 (+180%) from 2013
Trend Graphs
Filings
Most recent year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $200,592
- Liabilities
- $180,603
- Net assets
- $19,989
- Revenue
- $7,122
- Expenses
- $775
- Net income
- $6,347
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 16, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $7,122
Mission and Program Overview
Mission
Promotion of economic development in economically blighted neighborhoods in the city of milwaukee, wi
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY BLIGHTED NEIGHBORHOODS IN THE CITY OF MILWAUKEE, WI | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DR WILLIAM E FINLAYSON | Director | - | $0 | - | - |
| WILLIAM I JENKINS | Director | - | $0 | - | - |
| RANDOLPH MYRICKS | Interim, President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Nmsb Development Corporation
- EIN
- 20-0925187
- In Care Of
- % BOB BREED
- Phone
- 4144662344
- Address
- 5630 W FOND DU LAC AVE, MILWAUKEE, WI 53216
Signing Officer
- Name
- Bob Breed
- Title
- Officer
- Phone
- 6305747878
- Signed
- 2015-11-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Crowe Horwath LLP
- Address
- PO Box 3697, Oak Brook, IL 60522-3697
- Preparer
- Melissa Reinbold
- Phone
- 6305747878
Supplemental Narrative
Additional Explanations
Form 990-EZ Part V
“Form 990-ez, part v, information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”
Form 990EZ Part I Line 8
“Description:CDC BAD DEBT RECOVERIE Amount:5523”
Form 990EZ Part I Line 8
“Description:MISCELLANEOUS INCOME Amount:1599”
Form 990EZ Part II Line 24
“Description:CDC LOANS BOY Amount:178292 EOY Amount:180603”
Form 990EZ Part II Line 26
“Description:TAX PAYABLE BOY Amount:1599 EOY Amount:”
Form 990EZ Part II Line 26
“Description:CDC RESERVE FOR LOAN LOSSES BOY Amount:178292 EOY Amount:180603”
Raw XML Appendix155 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BOB BREED |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4144662344 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5630 WEST FOND DU LAC AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53216 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 15241 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19989 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6347 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 775 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 193533 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 200592 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 7122 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 13642 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 19989 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 13642 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 19989 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DR WILLIAM E FINLAYSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | WILLIAM I JENKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RANDOLPH MYRICKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | INTERIM, PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 178292 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 180603 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 7122 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY BLIGHTED NEIGHBORHOODS IN THE CITY OF MILWAUKEE, WI |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY BLIGHTED NEIGHBORHOODS IN THE CITY OF MILWAUKEE, WI |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 179891 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 180603 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 775 |
| IRS990EZ/TotalRevenueAmt | 0 | 7122 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1479 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3177 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 4656 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.53520 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 4656 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:CDC BAD DEBT RECOVERIE Amount:5523 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description:MISCELLANEOUS INCOME Amount:1599 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:CDC LOANS BOY Amount:178292 EOY Amount:180603 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description:TAX PAYABLE BOY Amount:1599 EOY Amount: |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description:CDC RESERVE FOR LOAN LOSSES BOY Amount:178292 EOY Amount:180603 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ Part V |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990EZ PART I LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART II LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990EZ PART II LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990EZ PART II LINE 26 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BOB BREED |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6305747878 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NMSB DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O NORTH MILWAUKEE BANCSHARES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NMSB |
| ReturnHeader/Filer/EIN | 0 | 200925187 |
| ReturnHeader/Filer/InCareOfNm | 0 | % BOB BREED |
| ReturnHeader/Filer/PhoneNum | 0 | 4144662344 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5630 W FOND DU LAC AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MILWAUKEE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 53216 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Crowe Horwath LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 3697 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Oak Brook |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 605223697 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6305747878 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Melissa Reinbold |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2015-11-13T16:17:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.