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Michigan Technology Commercialization Corporation

Michigan Research Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371417143 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

Overview

What is Michigan Technology Commercialization Corporation?

Michigan Technology Commercialization Corporation, operating under the name Michigan Research Institute, is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission is to foster basic and applied research, aligning it with high-priority needs across various branches of the U.S. military, such as the Army, Marine Corps, Navy, Air Force, and National Guard. This encompasses areas like military vehicles, aircraft, and general medical requirements. In addition to research, Michigan Research Institute offers educational opportunities for graduates in Michigan. The organization employs a team of 3 individuals, contributing to the advancement of technology and research in the state.


Is Michigan Technology Commercialization Corporation legitimate?

Michigan Technology Commercialization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Technology Commercialization Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $624,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Michigan Technology Commercialization Corporation?
Who is the CEO of Michigan Technology Commercialization Corporation?
What is the revenue of Michigan Technology Commercialization Corporation?
Who are the executives of Michigan Technology Commercialization Corporation and what are their salaries?
Where can I find the form 990 for Michigan Technology Commercialization Corporation?

Mission Statement of Michigan Technology Commercialization Corporation

Michigan Technology Commercialization Corporation, in its mission, focuses on promoting both basic and applied research to support federal and state programs. The organization aims to provide educational opportunities for graduates residing in Michigan. In more detail, Michigan Technology Commercialization Corporation collaborates with The Michigan Research Institute to identify fundamental research and development that can be aligned with high-priority needs within various departments of defense, such as the Army, Marine Corps, Navy, Air Force, and National Guard. This collaboration encompasses military vehicles, aircraft, and general medical requirements. The corporation's mission is to foster innovation and technological advancements, thereby contributing to the success of these federal programs and providing valuable educational opportunities for Michigan's graduates.

Impact

This information is meant to be a general summary of Michigan Technology Commercialization Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Michigan Technology Commercialization Corporation (MTCC) plays a crucial role in promoting basic and applied research to support federal and state programs. By identifying essential research and development that aligns with high-priority Department of Defense needs, MTCC contributes significantly to the advancement of military vehicles, aircraft, and general medical requirements for various branches of the armed forces. Through its efforts in supporting federal programs, MTCC fosters innovation and knowledge transfer that benefits both the defense sector and society at large. Additionally, by providing educational opportunities for graduates in Michigan, MTCC contributes to the growth and development of the state's workforce in science research and related fields.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,971
  • Program Service Revenue: $3,979,304
  • Gross Receipts: $4,382,148

    • Assets and Liabilities:
  • Total Assets: $3,986,800
  • Total Liabilities: $3,798,009
  • Net Assets: $188,791
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEDERAL PROGRAMS

    Revenue

    $3,979,304

    Organization Details

    Founding Year

    2001

    Principal Officer

    James A Richter

    Main Address

    401 WEST MORGAN ROAD, ANN ARBOR, MI, 48108

    NTEE Category

    Code: U192 - Science research

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