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

Peer urban development organizations

 NameTypeRevenueLocation
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2Burten Bell Carr Development501(c)(3)$3.1 millionCleveland, OH
3Economic Resources Corporation (ERC)501(c)(3)$3.5 millionLynwood, CA
4I2e501(c)(3)$4.2 millionOklahoma City, OK
5Epicenter / Vibrant Memphis Inc501(c)(3)$14 millionMemphis, TN
6Venture Cafe Mia501(c)(3)$1.6 millionMiami, FL
7Appalachian Partnership for Economic Growth501(c)(3)$2.8 millionNelsonville, OH
8Central New York Technology Development Organization501(c)(3)$4.2 millionLiverpool, NY
9Invest Nebraska Corporation501(c)(3)$1.6 millionLincoln, NE
10White River Planning & Development Distribution (WRPDD)501(c)(3)$3.8 millionBatesville, AR
11Asian501(c)(3)$3.3 millionSan Francisco, CA
12The Community Economic Development Fund Foundation501(c)(3)$1.7 millionMeriden, CT
13Coastal Enterprises (CEI)501(c)(3)$9.4 millionBrunswick, ME
14Great Falls Development Authority501(c)(3)$2.8 millionGreat Falls, MT
15Northern Maine Development Commission (NMDC)501(c)(3)$2.6 millionCaribou, ME
16WBD501(c)(3)$7.0 millionMadison, WI
17Mission Economic Development Agency (MEDA)501(c)(3)$12 millionSan Francisco, CA
18Bridgeway Capital501(c)(3)$10 millionPittsburgh, PA
19Middle East Investment Initiative (MEII)501(c)(3)$3.4 millionWashington, DC
20South Central Kansas Economic Development District501(c)(3)$4.6 millionBel Aire, KS
21The Enterprise Center Community Development Corporation (TEC)501(c)(3)$1.9 millionPhiladelphia, PA
22Hope Enterprise Corporation501(c)(3)$16 millionJackson, MS
23Enterprise Minnesota501(c)(3)$5.2 millionMinneapolis, MN
24Dakota Resources501(c)(3)$3.3 millionRenner, SD
25Eastern Maine Development Corporation501(c)(3)$4.1 millionBangor, ME