TechTown is a urban development organization based in Detroit, MI that was founded in 2000. As of 2019 they had $6.0 million in revenue and $25 million in assets.
TechTown is a 501(c)(3) nonprofit and is located within the Woodward Technology Corridor SmartZone. Its programs serve entrepreneurs in the technology, retail and wholesale sectors.
Previous legal names or variations of their name include: Wayne State University Research And Technology Park In The City Of Detroit.
Business units and programslabs - technology-based programming labs venture accelerator: highly competitive, boot-camp style program helps show entrepreneurs how to turn their early stage technology-based startups into sustainable, market-ready businesses.detroit Technology exchange (dtx): programmatic partnership designed to recruit and groom talent for tech entrepreneurship and convert innovative technologies into Detroit startups. Partners: Techtown, grand circus, invest Detroit and the Detroit creative corridor center.technology commercialization: Techtown evaluates and roadmaps the commercialization potential of University or health care system-developed technologies; high potential technologies transition into Techtown programs.start-up incubation: Techtown's incubation program customizes support based on each tech startup's unique business needs. Startups have a business model that's based on demonstrated customer need and a Technology in the early prototype stage.blocks - place-based programmingblocks retail boot camp: prepares serious entrepreneurs with strong retail concepts for the successful launch of their brick-and-mortar business in a core Detroit commercial districtswot City: combines economic development and ...
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-12 | Oct 18, 2019 | 990 | View PDF |
| 2017-12 | Dec 22, 2018 | 990 | View PDF |
| 2016-12 | Dec 27, 2017 | 990 | View PDF |
| 2015-12 | Mar 27, 2017 | 990 | View PDF |
| 2014-12 | Jan 29, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $6,014,260 |
| Program services | $30,158 |
| Investment income and dividends | $15,418 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $6,059,836 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Microsoft Services | Software | 2020-03-17 | |
| █████████ | Content management system software | 2020-03-05 | |
| ██████████ | Fundraising software | 2020-03-05 | |
| ██████ ███ █████ ████ | Tax accounting; Audit accounting | 2019-08-07 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Edward B Staebler | President and Chief Executive Officer | $139,057 | Oct. 18, 2019 |
| Marlo Rencher | Director, Technology - Based Programs | - | Sept. 4, 2020 |
| ███████ ███████ | Director, Wayne State Innovation Studio | - | Sept. 4, 2020 |
| ███████ ██████ | Portfolio Manager | - | Sept. 4, 2020 |
| █████████ ██████ | Accounting Manager | - | Sept. 4, 2020 |
| ████████ ██████████ | Senior Program Manager | - | Sept. 4, 2020 |
| ██ ███ ██████ | Chair | $0 | Sept. 4, 2020 |
| ███████ ██ ███████ █████ | Vice Chair and Secretary | $0 | Sept. 4, 2020 |
| ████████ █████ | Controller | $89,202 | Dec. 31, 2018 |
| █████ █████ | Chief Operating Officer | $15,939 | Dec. 31, 2016 |
| ...and five more key personnel | |||