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
██████████Fundraising software2020-03-05
█████████Content management system 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
Kimberly ColonController$89,202Dec. 31, 2018
███████ ██████Vice Chair and Secretary$0Dec. 31, 2018
█ ███ ██████Chair$0Dec. 31, 2018
█████ █████Chief Operating Officer$15,939Dec. 31, 2016
██████ █████President and Chief Executive Officer$62,542Dec. 31, 2015
████ ████████Past Chief Operating Officer$123,522Dec. 31, 2014
███████ ██████Controller$73,109Dec. 31, 2014

Peer urban development organizations

 NameTypeRevenueLocation
1Economic Resources Corporation (ERC)501(c)(3)$3.3 millionLynwood, CA
2I2e501(c)(3)$3.2 millionOklahoma City, OK
3Venture Cafe Mia501(c)(3)$1.6 millionMiami, FL
4Epicenter / Vibrant Memphis Inc501(c)(3)$14 millionMemphis, TN
5Burten Bell Carr Development501(c)(3)$2.7 millionCleveland, OH
6Catalyst Connection501(c)(3)$6.0 millionPittsburgh, PA
7Central New York Technology Development Organization501(c)(3)$4.2 millionLiverpool, NY
8Appalachian Partnership for Economic Growth501(c)(3)$2.8 millionNelsonville, OH
9Invest Nebraska Corporation501(c)(3)$3.3 millionLincoln, NE
10Center for Economic Growth (CEG)501(c)(3)$2.2 millionAlbany, NY
11University Cultural Center Association501(c)(3)$4.6 millionDetroit, MI
12Enterprise Center Community Development Corporation (TEC)501(c)(3)$1.6 millionPhiladelphia, PA
13Middle East Investment Initiative (MEII)501(c)(3)$3.4 millionWashington, DC
14South Central Kansas Economic Development District501(c)(3)$4.6 millionBel Aire, KS
15Hope Enterprise Corporation501(c)(3)$16 millionJackson, MS
16Northern Maine Development Commission (NMDC)501(c)(3)$3.0 millionCaribou, ME
17Mission Economic Development Agency (MEDA)501(c)(3)$12 millionSan Francisco, CA
18Bridgeway Capital501(c)(3)$9.6 millionPittsburgh, PA
19WBD501(c)(3)$6.7 millionMadison, WI
20Three Rivers Planning & Development District501(c)(3)$20 millionPontotoc, MS
21Structured Employment Economic Development Corporation (SEEDCO)501(c)(3)$7.1 millionNew York, NY
22Enterprise Minnesota501(c)(3)$5.2 millionMinneapolis, MN
23Dakota Resources501(c)(3)$3.3 millionRenner, SD
24Eastern Maine Development Corporation501(c)(3)$4.1 millionBangor, ME
25Carolina Small Business Development Fund501(c)(3)$6.8 millionRaleigh, NC