Civic Intelligence

Milwaukee Gateway Aerotropolis

EIN 27-1564381 • 501(c)3 • Milwaukee, WI

Profile

MGAC will lead the development of Aerotropolis Milwaukee to be an efficient, interconnected, sustainable, multimodal passenger and freight transportation complex serving southeastern Wisconsin and connecting with metropolitan Chicago.

4121 S 6th StMilwaukee, WI 53221

www.gatewaytomilwaukee.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.57x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-8.0%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

21st percentile

-46%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

77th percentile

30%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$4,573

Down $11,171 (-71%) from 2015

Liabilities

Down

$2,596

Down $5,650 (-69%) from 2015

Net Assets

Down

$1,977

Down $5,521 (-74%) from 2015

Operations
Liabilities / Revenue81st percentileNet Margin33rd percentile

Revenue

Up

$36,400

Up $14,832 (+69%) from 2015

Expenses

Up

$39,301

Up $19,532 (+99%) from 2015

Net Income

Down

-$2,901

Down $4,700 (-261%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2014: $8,390Liabilities 2014: $2,691Net Assets 2014: $5,6992014Assets 2015: $15,744Liabilities 2015: $8,246Net Assets 2015: $7,4982015Assets 2017: $4,573Liabilities 2017: $2,596Net Assets 2017: $1,9772017

Highlighted filing

2017

Assets$4,573
Liabilities$2,596
Net Assets$1,977
Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2014: $65,484Expenses 2014: $61,995Net Income 2014: $3,4892014Revenue 2015: $21,568Expenses 2015: $19,769Net Income 2015: $1,7992015Revenue 2017: $36,400Expenses 2017: $39,301Net Income 2017: -$2,9012017

Highlighted filing

2017

Revenue$36,400
Expenses$39,301
Net Income-$2,901
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,573
Liabilities
$2,596
Net assets
$1,977
Revenue
$36,400
Expenses
$39,301
Net income
-$2,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$4.57$2.60$1.98$36.4$39.3$2.90
2015Detailed filing. Detailed filing data is available for this year.$15.7$8.25$7.50$21.6$19.8$1.80
2014Detailed filing. Detailed filing data is available for this year.$8.39$2.69$5.70$65.5$62.0$3.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$36,400
Mission and Program Overview

Mission

MGAC will lead the development of Aerotropolis Milwaukee to be an efficient, interconnected, sustainable, multimodal passenger and freight transportation complex serving southeastern Wisconsin and connecting with metropolitan Chicago.

Program Services

DescriptionGrantsExpenses
Developed marketing materials to be used for education about and fund-raising for Aerotropolis Milwaukee. Made presentations to people in businesses, professional and civic groups and governments about Aerotropolis Milwaukee concepts and potential benefits. Aligned with partners to coordinate arrangements for a planning process about Aerotropolis Milwaukee.$7,883-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT YAUCKPresident-$0--
JOSEPH LIEBAUDirector-$0--
SAMER ABULUGHODTreasurer-$0--
MARK LUBERDADirector-$0--
KEN TUTAJDirector-$0--
MICHAEL HAHNDirector-$0--
BOB DENNIKDirector-$0--
STEPHANIE HACKERDirector-$0--
GREG LINDNERDirector-$0--
ROCKY MARCOUXDirector-$0--
MICHAEL NEITZKEDirector-$0--
DOUG SEYMOURDirector-$0--
KATHY HEADYDirector-$0--
ROBERT RUESCHDirector-$0--
PAUL VORNHOLTDirector-$0--
WYMAN WINSTONDirector-$0--
CHRISTIAN BARTLEYDirector-$0--
JOHN HOHENFELDTDirector-$0--
Brad BastenDirector-$0--
Scott SolversonDirector-$0--
Leif OttesonExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Milwaukee Gateway Aerotropolis
EIN
27-1564381
Phone
4144553323
Address
4121 S 6TH ST, MILWAUKEE, WI 53221

Signing Officer

Name
Leif Otteson
Title
Executive Director
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Renee Messing
Phone
4142711451
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $7534”

Other Expenses.1007

“Conferences, Conventions, and Meetings $270”

Other Expenses.1

“Administrative Services $27900”

Other Expenses.2

“PUBLIC NOTICES $89”

Other Expenses.4

“BANK SERVICE FEES $29”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $437 Prepaid Expenses and Deferred Charges - Ending $436”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $134 Accounts Payable and Accrued Expenses - Ending $2596”

Raw XML Appendix221 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.

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ReturnHeader/TaxYr02017

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