Madison Development Corporation

Ownership

Madison Development Corporation is a nonprofit organization founded in 1977 with deep local roots and headquarters in Madison, serving Dane County. It operates as a quasi-public economic development organization focused on local community benefit.

Local Sourcing

As a nonprofit lender and property manager, traditional supply chain sourcing metrics don't apply. No information available about sourcing practices for construction or property management materials.

Community Involvement

MDC has extensive community ties, providing over $35 million in loans to 450+ Dane County businesses creating 5,000+ jobs, managing 348 affordable housing units, and partnering with nonprofits and government entities to address local housing and economic development needs.

Local Workforce

The organization has 11-50 employees and focuses on creating quality jobs (most paying at least twice federal minimum wage) for the community. Limited public information about internal labor practices, but its mission centers on employment creation.

Revenue Retention

As a nonprofit reinvesting all revenue into local affordable housing and business lending within Dane County, substantially all revenue stays within the community rather than flowing to external shareholders.

Local Presence

Strong local signals include multiple Madison/Dane County geographic references (Downtown Madison, West Madison, East Madison, Middleton, Dane County), specific project names (Lillian apartments at 1959 E Mifflin Street), and deeply rooted mission focused on local workforce housing and business lending since 1977. Minimal corporate signals present.