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MADISON LAKEWAY PARTNERS INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MADISON LAKEWAY PARTNERS INC (EIN 83-2870712)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-14
IRS object ID
202511349349203686
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T12:19:54-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832707994PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Alliere CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11113 W Main StreetAddressLine1Txt
CitySun PrairieCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53590ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832870712EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Madison LakeWay Partners IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMADIBusinessNameControlTxt
Phone6082614282PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 E Lakeside StreetAddressLine1Txt
CityMadisonCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53715ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJayme PowersPersonNm
Person TitleCEOPersonTitleTxt
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBonnie J Watson CPAPreparerPersonNm
PTINP01427542PTIN
Phone6088438361PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Name ChangeYes (X)NameChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresswww.madisonlakeway.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$184,025GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$179,864ContributionsGiftsGrantsEtcAmt
Investment Income$4,161InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$184,025TotalRevenueAmt
Grants And Similar Amounts Paid$3,723GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$23,943SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$60,967FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$2,205PrintingPublicationsPostageAmt
Other Expenses Total$37,201OtherExpensesTotalAmt
Total Expenses$128,039TotalExpensesAmt
Excess Or Deficit For Year$55,986ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$62,854NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$118,840NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$62,604BOYAmt
EOY$116,900EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$250BOYAmt
EOY$2,201EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$62,854BOYAmt
EOY$119,101EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$261EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$62,854BOYAmt
EOY$118,840EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeFormerly The Friends of Nolen Waterfront, Madison LakeWay Partners is a 501(c)(3) organization partnering with the City of Madison to leverage philanthropic dollars in order to reimagine the Lake Monona waterfront along John Nolen Drive. The Partners imagine the waterfront as a welcoming destination for all Madison residents and visitors. A waterfront destination that connects Downtown Madison to Lake Monona, enhances community connections, increases physical and visual access to the lake, improves Lake Mononas water quality and aquatic habitat, celebrates Frank Lloyd Wrights architectural legacy in Madison, and recognizes Lake Mononas cultural history.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTo conduct charitable and educational activitiesDescriptionProgramSrvcAccomTxt
Program Service Expenses$69,552ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$69,552TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (18 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmt
Jayme Powers
CEO40.00$21,338$508
Sarah Neujahr
President3.00$0
Claire Schaefer Oleksiak
Vice President1.00$0
Allen Arntsen
Secretary3.00$0
James Bradley
Treasurer3.00$0
Tim Anderson
Director1.00$0
Deb Archer
Director1.00$0
Brenda Baker
Director1.00$0
Sheri Carter
Director1.00$0
Pam Christenson
Director1.00$0
Susan Detering
Director2.00$0
Alan Fish
Director1.00$0
Jason Ilstrup
Director1.00$0
Dan Kennelly
Director1.00$0
Tyler Leeper
Director1.00$0
Jamie Patrick
Director1.00$0
Carol Richard
Director3.00$0
Raj Shukla
Director1.00$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptYes (true)ChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJames BradleyPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 E Lakeside StreetAddressLine1Txt
CityMadisonCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53715ZIPCd
FieldValueIRS element (for citing)
Phone6085121330PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$4,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,159CurrentTaxYearMinus1YearAmt
Current Tax Year$179,864CurrentTaxYearAmt
Total$269,373TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$4,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,159CurrentTaxYearMinus1YearAmt
Current Tax Year$179,864CurrentTaxYearAmt
Total$269,373TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$269,373PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$493CurrentTaxYearMinus1YearAmt
Current Tax Year$4,161CurrentTaxYearAmt
Total$4,654TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$493CurrentTaxYearMinus1YearAmt
Current Tax Year$4,161CurrentTaxYearAmt
Total$4,654TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$4,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,652CurrentTaxYearMinus1YearAmt
Current Tax Year$184,025CurrentTaxYearAmt
Total$274,027TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind
Public Support CY5090.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1001Advertising and Promotion $20846
Other Expenses.1002Office Expenses $2688
Other Expenses.1003Information Technology $2769
Other Expenses.1012Insurance $450
Other Expenses.1Strategic Planning $8800
Other Expenses.3Community Events $500
Other Expenses.4Meals & Entertainment $456
Other Expenses.5Fundraising Event Expenses $390
Other Expenses.6Bank & Credit Card Charges $257
Other Expenses.7Dues & Subscriptions $45
Other Assets.1011Prepaid Expenses and Deferred Charges - Beginning $250 Prepaid Expenses and Deferred Charges - Ending $1043
Other Assets.1Madison Park Foundation - Beginning $0 Madison Park Foundation - Ending $1158
Total Liabilities.1Credit Card Payable - Beginning $0 Credit Card Payable - Ending $261
Changes to Organizing or Governing DocumentsArticles of Incorporation and Bylaws were amended in order to change the name of the organization from "Friends of the Nolen Waterfront, Inc." to "Madison LakeWay Partners Inc."

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