Greater Milwaukee Committee for Community Development

“The Greater Milwaukee Committee for Community Development membership is comprised of many of the CEO, Presidents, Executive Directors, etc. of the major companies and organizations in the Milwaukee area. As such some individuals serve on each others board of directors. Futher information may be obtained by contacting the organization at 414-272-0588.”

“Members of the Committee meet annually for the purpose of electing a board of directors, considering reports and transacting such other business as shall properly come before the meeting. All members votes count equally. Members of the Committee may be elected a member of the Committee at any time by a majority vote of the board of directors.”

“Members of the Committee meet annually for the purpose of electing a board of directors, considering reports and transacting such other business as shall properly come before the meeting. All members votes count equally. Members of the Committee may be elected a member of the Committee at any time by a majority vote of the board of directors.”

“Members of the Committee meet annually for the purpose of electing a board of directors, considering reports and transacting such other business as shall properly come before the meeting. All members votes count equally. Members of the Committee may be elected a member of the Committee at any time by a majority vote of the board of directors.”

“A copy of the 990 is given to all members of the executive committee and approval is required by a quorum of the members before the final 990 is filed.”

“The organization requires its board members to complete a conflict of interest questionnaire annually.”

“The Presidents compensation is reviewed by the current an incoming Chair and the amount of the Presidents raises and bonses are determined by input from several members of the executive committee. Each year there is s survey of organizations similar to the committee across the country concerning staffing and executive compensation. The Presidents salary and bonuses are documented and signed by the current Chair and provided to the Director of Operations.”

“Upon Request”

“Program Service Expenses 492,178, Grants and allocations 0, Revenue 0 Vibrancy of Place GMC plays crucial roles in the design, creation and support of public spaces that increase civic engagement and connect people across economic and social divides, accelerating success for people, neighborhoods, and the city. In 2016 GMC launched MKE United Strategic Action Agenda. MKE United has developed an Anti-Displacement Fund which raises private resources to assist low income homeowners in payment of property taxes in near Downtown neighborhoods, ensuring that increasing property values will not force long-term neighborhood residents to sell their homes. In addition, MKE United is developing the Milwaukee Appraiser Diversity Initiative MADI, which is a collaborative effort to enhance diversity within the real estate appraisal sector in Milwaukee County. Supported by key industry and community leaders, MADI offers education, mentorship, and professional development to aspiring appraisers from underrepresented racial and ethnic groups. MADI is significant due to its multifaceted approach in addressing barriers within the appraisal industry.”

“The Organization was formed in the late 1940s. During the past 70 years the Greater Milwaukee Committee has been at the forefront of major projects that provide long-term benefit to the economic and cultural vitality of the metropolitan area. It has been particularly active in the arts, downtown redevelopment, transportation, health and major building projects for professional sports and other purposes. More recently, GMC has initiated projects for neighborhood revitalization and improvement of the equality of educational institutions in the community. The active members of GMC serve on various committees that are responsible for each project. It is an organization in which members actively do the work, with the support of a small staff. Most of the top leaders from all fields participate in the Greater Milwaukee Committee.”

“The Organization was formed in the late 1940s. During the past 70 years the Greater Milwaukee Committee has been at the forefront of major projects that provide long-term benefit to the economic and cultural vitality of the metropolitan area. It has been particularly active in the arts, downtown redevelopment, transportation, health and major building projects for professional sports and other purposes. More recently, GMC has initiated projects for neighborhood revitalization and improvement of the equality of educational institutions in the community. The active members of GMC serve on various committees that are responsible for each project. It is an organization in which members actively do the work, with the support of a small staff. Most of the top leaders from all fields participate in the Greater Milwaukee Committee.”

“The audit review process has not changed from prior years.”

“Other Changes to Net Assets During 2023 it was determined that one of the fiscal agent liability accounts recorded in 2022 shouldnt have been recorded as a fiscal agent. A prior period adjustment of 120,000 has been made to move the fiscal agent liability to net assets.”

“Other Professional Fees The Committee spearheaded efforts to identify opportunities to save money and improve efficeincy in the delivery of services by the City of Milwaukee. GMC engaged outside consultants to identifiy options for savings, consolidation of services and other ways to introduce greater efficiencies, the costs of these consultants were 775,000 in 2023. The remaining professional fees, 85,069 relates to other consulting services performed in 2023.”