nonprofit logo

Michigan Tech Fund

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

EIN: 381554664 ✦ Houghton, MI ✦ Designated as a 501(c)(3)

Overview

What is Michigan Tech Fund?

The Michigan Tech Fund is a nonprofit organization situated in Houghton, Michigan, with the address 1400 Townsend Drive. This entity supports Michigan Technological University by managing financial contributions and disbursing funds to various academic units and the university's infrastructure. In essence, it plays a crucial role in raising, investing, and distributing resources to Michigan Technological University for its continued growth and development.


Official website here: www.mtu.edu/giving/

Is Michigan Tech Fund legitimate?

Michigan Tech Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Tech Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mtu.edu/giving/

What is the mission statement of Michigan Tech Fund?

The Michigan Tech Fund plays a crucial role in raising and managing financial contributions for Michigan Technological University. Its mission is geared towards providing support to the academic units and infrastructure of the institution. By receiving, investing, and disbursing donations, this organization contributes significantly to the University's ongoing initiatives and development. The Michigan Tech Fund acts as a vital financial pillar for Michigan Technological University, ensuring its academic programs and infrastructure thrive through the generosity of its donors.


Official website here: www.mtu.edu/giving/

What is the revenue of Michigan Tech Fund?

Michigan Tech Fund's revenue in 2022 was $23,017,845.


Official website here: www.mtu.edu/giving/

Who are the executives of Michigan Tech Fund and what are their salaries?

Here are 12 key members and their salaries:

    Brenda Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Parm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Littmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Bacon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Lapeer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Pulick (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Koubek (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Tripp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Kerry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Seppala (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Aho (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Roberts (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mtu.edu/giving/

    Where can I find the form 990 for Michigan Tech Fund?

    The Michigan Tech Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mtu.edu/giving/

    Learn more at the official website: www.mtu.edu/giving/

    Mission Statement of Michigan Tech Fund

    The Michigan Tech Fund is a vital organization that plays a significant role in raising, investing, and distributing funds to support Michigan Technological University. By doing so, it contributes to the academic and infrastructural development of the university.

    This nonprofit entity's mission is geared towards securing financial resources for Michigan Technological University. It receives donations from various sources and manages them wisely by investing the funds appropriately. The disbursed funds then reach all areas of the university, ensuring that both academic units and the university's infrastructure benefit from the support.

    In essence, the Michigan Tech Fund acts as a financial lifeline for Michigan Technological University. It collects contributions from generous donors and channels them towards various initiatives that foster growth and progress within the university. By doing so, it enables Michigan Technological University to continue its mission of providing quality education and research opportunities to its students and the broader community.

    Impact

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




    Thursday, August 15, 2024

    Michigan Tech Fund's impact is significant as it provides vital financial support to Michigan Technological University's academic units and infrastructure. By receiving, investing, and disbursing contributions raised, the fund plays a crucial role in helping the university maintain its academic excellence and enhance its facilities. This support directly benefits students, faculty, and staff at Michigan Tech, contributing to the overall success and growth of the institution.





    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: $5,648,230
  • Program Service Revenue: $0
  • Gross Receipts: $44,458,702

    • Assets and Liabilities:
  • Total Assets: $210,588,714
  • Total Liabilities: $16,709,442
  • Net Assets: $193,879,272
  • Organization Details

    Founding Year

    1965

    Main Address

    1400 Townsend Drive, Houghton, MI, 49931

    NTEE Category

    Code: B110 - Education

    If you are a representative of Michigan Tech Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.