Civic Intelligence

Milwaukee Gateway Aerotropolis Corporati Corporation

990EZ • Fiscal year 2017 • EIN 27-1564381

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Organization ProfileWWW.GATEWAYTOMILWAUKEE.COM
4121 S 6th StMilwaukee, WI 53221

(414) 455-3323

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.57x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

26th percentile

-8.0%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

10th percentile

-46%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$4,573

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

Net Assets

Down

$1,977

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

Liabilities

Down

$2,596

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

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin26th 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

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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 Growth78th percentile

Revenue, expenses, and net income across loaded years, with this 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
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 Pay76th 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt20Executive Dir.
IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $7534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Administrative Services $27900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC NOTICES $89
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Leif Otteson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILWAUKEE GATEWAY AEROTROPOLIS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MILW
ReturnHeader/Filer/EIN0271564381
ReturnHeader/Filer/PhoneNum04144553323
ReturnHeader/Filer/USAddress/AddressLine1Txt04121 S 6TH ST
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053221
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ritz Holman LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 E Kilbourn Ste 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milwaukee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0532023144
ReturnHeader/PreparerPersonGrp/PhoneNum04142711451
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Renee Messing
ReturnHeader/ReturnTs02018-11-12T13:55:29-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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