Madison Seed Accelerator Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westfield, WI
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 46-5724018
Organization Overview
Madison Seed Accelerator Inc is located in Westfield, WI. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Seed Accelerator Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE TRAINING AND MENTORING FOR TEAMS SELECTED TO PARTICIPATE IN SPRING AND SUMMER COHORTS OF THE PROGRAM. COMPANIES THAT GO THROUGH THE PROGRAM ULTIMATELY CREATE JOBS AND GENERATE REVENUE TO ENHANCE THE WISCONSIN COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Englund Chairman | 10 | $0 | |
Terry Sivesind President | 10 | $0 | |
Anne Smith Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,343 |
| Total expenses | $38,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Madison Seed Accelerator Inc has awarded $23,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EMONIX PURPOSE: Seed Funding | $8,000 |
POLCO PURPOSE: Seed Funding | $7,500 |
WEIGHTUP SOLUTIONS INC PURPOSE: Seed Funding | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Detroit Convention & Vistors Bureau Detroit, MI | $36,765,048 | $14,015,809 |
Detroit Economic Growth Corp Detroit, MI | $7,209,211 | $10,420,774 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Metropolitan Economic Development Association Minneapolis, MN | $45,113,584 | $12,064,856 |
Southwest Michigan First Corporation Kalamazoo, MI | $10,945,070 | $8,560,798 |
Wenonah Park Properties Inc Bay City, MI | $22,411,152 | $7,079,713 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Grand Rapids-Kent Cty Convention Center & Vistors Bureau Grand Rapids, MI | $10,130,209 | $9,465,987 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
Great Plains Institute For Sustainable Development Minneapolis, MN | $9,896,004 | $8,891,636 |
Minneapolis - St Paul Regional Economic Development Partnership Saint Paul, MN | $5,371,081 | $6,502,146 |
Chicago Neighborhood Initiatives Inc Chicago, IL | $28,044,875 | $6,086,031 |