Cause IQ organization profile

TechTown

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

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.

EIN:
41-2061387
City:
State:
Website:
Phone:
(313) 879-5250
Founded:
2000
Type:
501(c)(3)
NTEE:
Revenue:
$6,059,836
Assets:
$25,438,983
Employees:
35
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at TechTown

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 ...

Form 990s for TechTown

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 18, 2019990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Dec 27, 2017990View PDF
2015-12Mar 27, 2017990View PDF
2014-12Jan 29, 2016990View PDF
...and six more Form 990 PDFs

Financials for TechTown

Field2018
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

Vendors for TechTown

VendorServicesAmount paidDate
Microsoft ServicesSoftware2020-03-17
█████████Content management system software2020-03-05
██████████Fundraising software2020-03-05
██████ ███ █████ ████Tax accounting; Audit accounting2019-08-07

Personnel at TechTown

NameTitleCompensationMost recent data
Edward B StaeblerPresident and Chief Executive Officer$139,057Oct. 18, 2019
Marlo RencherDirector, 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$0Sept. 4, 2020
███████ ██ ███████ █████Vice Chair and Secretary$0Sept. 4, 2020
████████ █████Controller$89,202Dec. 31, 2018
█████ █████Chief Operating Officer$15,939Dec. 31, 2016
...and five more key personnel

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22Carolina Small Business Development Fund501(c)(3)$6.8 millionRaleigh, NC
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24South Central Kansas Economic Development District501(c)(3)$4.6 millionBel Aire, KS
25Enterprise Center Community Development Corporation (TEC)501(c)(3)$1.6 millionPhiladelphia, PA