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MADISON DEVELOPMENT CORPORATION

WI · Community Development · EIN 391277471

8
Executives Disclosed
$6.4M
Annual Revenue
$56.2M
Total Assets
1.3:1
Internal Pay Ratio

MADISON DEVELOPMENT CORPORATION has 8 executives with disclosed compensation. The highest-paid executive, Lorrine Heinemann (PRESIDENT - CEO), received peak total compensation of $237,821. The sector average for Community Development executives is $172K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Lorrine Heinemann PRESIDENT - CEO $238K $238K 2020–2024 3.2x
Lorrie Heinemann PRESIDENT & CEO $188K $188K 2018–2019 2.5x
Abigail Wallhaus VP OF FINANCE & CFO $164K $164K 2021–2024 2.2x
Frank Staniszewski PRESIDENT $136K $0 2016–2016 1.8x
Juan Gomez VP OF LENDING & INVESTMENT $132K $0 2022–2023 1.8x
Cashton Laufenberg VP OF HOUSING $123K $0 2024–2024 1.6x
Harry Irwin FACILITIES MANAGER $121K $0 2022–2023 1.6x
Frederick McConnell VP OF LENDING AND INVESTMENTS $118K $0 2020–2020 1.6x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 1 $0 $0 $0
2018 1 $173K $173K $173K
2019 1 $188K $188K $188K
2020 2 $196K $196K $196K
2021 2 $199K $199K $199K
2022 4 $206K $206K $206K
2023 4 $210K $210K $210K
2024 3 $201K $238K $402K
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