Havenwoods Economic Developement Corp is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 2002, with $641,062 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$641K
▲ 83.4% vs prior year
Community median: $184K
Expenses (FY2024)
$557K
Net assets
$259K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Havenwoods Economic Developement Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Havenwoods Economic Developement Corp: 6 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Havenwoods Economic Developement Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Havenwoods Economic Developement Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $186K (FY2011) to $641K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
13.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$276K
Total liabilities
$17K
Net assets
$259K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $641,062▲83.4% | $556,927▲11.0% | $258,778▲48.2% | $275,846▲42.1% | 990 |
| 2023 | $349,541▼29.1% | $501,760▲42.8% | $174,643▼46.6% | $194,134▼44.5% | 990 |
| 2022 | $493,281▲3.2% | $351,441▲2.2% | $326,862▲76.7% | $349,999▲64.2% | 990 |
| 2021 | $477,797▲54.0% | $343,775▲16.2% | $185,022▲263% | $213,143▲261% | 990 |
| 2020 | $310,166▼1.4% | $295,747▲6.9% | $51,000▲39.4% | $59,093▲23.0% | 990 |
| 2019 | $314,568▲12.0% | $276,671▲0.2% | $36,581▲2880% | $48,058▲79.3% | 990 |
| 2018 | $280,860▲27.1% | $276,203▲6.4% | -$1,316▲78.0% | $26,804▼15.6% | 990 |
| 2017 | $220,917▼33.0% | $259,499▼0.6% | -$5,973▼118% | $31,746▼70.0% | 990 |
| 2016 | $329,929▲46.7% | $260,968▲6.2% | $32,609▲190% | $105,878▲301% | 990 |
| 2015 | $224,832▼5.5% | $245,678▲8.5% | -$36,352▼228% | $26,414▼20.2% | 990 |
| 2014 | $237,946▲21.3% | $226,481▲5.3% | -$11,075▲70.0% | $33,112▲72.6% | 990 |
| 2013 | $196,176▲4.3% | $215,058▲9.4% | -$36,859▼105% | $19,185▼41.1% | 990EZ |
| 2012 | $188,119▲1.3% | $196,638▲0.3% | -$17,977▼4.2% | $32,566▲35.7% | 990EZ |
| 2011 | $185,772 | $196,104 | -$17,259 | $24,002 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Havenwoods Economic Developement Corp totaling $176K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Milwaukee Foundation Inc | General operating | 2024 | $60,000 |
| United Way of Greater Milwaukee & Waukesha County Inc | Donor designations | 2022 | $20,000 |
| The Blackbaud Giving Fund | General support | 2022 | $8,050 |
| Greater Milwaukee Foundation Inc | Capacity building and strategic planning | 2022 | $8,000 |
| Greater Milwaukee Foundation Inc | Paths to homeownership and financial wellness | 2021 | $35,000 |
| Greater Milwaukee Foundation Inc | Paths to homeownership and financial wellness | 2021 | $35,000 |
| Greater Milwaukee Foundation Inc | Havenwoods murals | 2020 | $10,000 |
Explore more
Data for Havenwoods Economic Developement Corp (EIN 02-0590061) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.