Overview
What is Wayne State University Research And Technology Park In The City Of Detroit?
Wayne State University Research and Technology Park in Detroit, also known as TechTown Detroit, is a vibrant nonprofit hub dedicated to fostering Detroit-based startups and small businesses. With a mission to accelerate inclusive economic development across the city, TechTown offers resources, collaborative workspaces, and education to entrepreneurs. Their extensive programs include a tech-focused business incubator, technology commercialization initiatives, and retail boot camps. TechTown's incubator assists promising tech startups in transitioning into profitable companies, while their capital access program provides entrepreneurs with essential funding knowledge. Additionally, they offer co-working spaces, meeting and event facilities, and commercial real estate options for innovative Detroit businesses. TechTown is a 501(C)(3) nonprofit located within the Woodward Technology Corridor SmartZone.
Official website here: www.techtowndetroit.org
Is Wayne State University Research And Technology Park In The City Of Detroit legitimate?
Wayne State University Research And Technology Park In The City Of Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne State University Research And Technology Park In The City Of Detroit 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: $308,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,369,001
For more financial information, click here
Official website here: www.techtowndetroit.org
What is the mission statement of Wayne State University Research And Technology Park In The City Of Detroit?
The Wayne State University Research and Technology Park in Detroit functions as an entrepreneurship hub, dedicated to helping tech startups and small businesses develop, launch, and grow. By providing resources, collaborative workspace, and education, this nonprofit organization contributes to the inclusive economic development of the city and neighborhoods. The park offers technology-based entrepreneurship programming, including Start Studio for early-stage tech startups, an incubator for promising tech businesses, and technology commercialization services. Additionally, it provides small business services, co-working space, office and lab space, and meeting and event space. Overall, the mission is to strengthen businesses in key areas, facilitate access to capital, and transform historically underserved neighborhoods into vibrant communities.
Official website here: www.techtowndetroit.org
Who is the CEO of Wayne State University Research And Technology Park In The City Of Detroit?
Edward B Staebler is the President & Ceo of Wayne State University Research And Technology Park In The City Of Detroit. The CEO's salary of Wayne State University Research And Technology Park In The City Of Detroit is $144,920 and their total compensation is $226,039.
Official website here: www.techtowndetroit.org
What is the revenue of Wayne State University Research And Technology Park In The City Of Detroit?
Wayne State University Research And Technology Park In The City Of Detroit's revenue in 2022 was $15,845,749.
Official website here: www.techtowndetroit.org
Who are the executives of Wayne State University Research And Technology Park In The City Of Detroit and what are their salaries?
The average compensation at Wayne State University Research And Technology Park In The City Of Detroit during 2022 was $58,375. There are 63 employees and 64 volunteers at Wayne State University Research And Technology Park In The City Of Detroit.
Here are 36 key members and their salaries (Wayne State University Research And Technology Park In The City Of Detroit's CEO's salary is $144,920 and their total compensation is $226,039):
- Edward Staebler (President & Ceo) [Trustee/Director]
- Kelly Kozlowski (Chief Operating Officer)
- Dawn Batts (Director, Growth Capital)
- Marlo Rencher (Sr. Director, Technology-Based)
- Allandra Bulger (Executive Director, Co.Act)
- Danielle Manley (Director, Development)
- Stacey Francovich (Director, Technology-Based)
- Diana Goode (Sr. Director Of Finance)
- Andrew Melton (Director Of Finance - Partial Year)
- Christianne Malone (Chief Program Officer)
- Dr M Roy Wilson (Chair) [Trustee/Director]
- Anika Goss-Foster (Board Member) [Trustee/Director]
- Carla Walker-Miller (Board Member) [Trustee/Director]
- Nick Gorga (Board Member) [Trustee/Director]
- Dana Thompson (Board Member) [Trustee/Director]
- David Massaron (Board Member) [Trustee/Director]
- Fredrick Molnar (Board Member) [Trustee/Director]
- Gene Barber (Board Member) [Trustee/Director]
- Hector Hernandez (Board Member - Partial Year) [Trustee/Director]
- Jamila Thompson (Board Member) [Trustee/Director]
- Jason Aeschliman (Board Member) [Trustee/Director]
- Jason Tinsley (Board Member) [Trustee/Director]
- Jill Ford (Board Member) [Trustee/Director]
- Jim Saber (Board Member) [Trustee/Director]
- Jonathan Rumley (Board Member) [Trustee/Director]
- Kevin Johnson (Board Member) [Trustee/Director]
- Lisa M Hardy (Board Member) [Trustee/Director]
- Lisa Prasad (Board Member) [Trustee/Director]
- Mike Rafferty (Board Member) [Trustee/Director]
- Nicole Sherard-Freemand (Board Member) [Trustee/Director]
- Patricia Glaza (Board Member) [Trustee/Director]
- Portia Powell (Board Member) [Trustee/Director]
- Shannon D Smith (Board Member) [Trustee/Director]
- Sonal Ramrakhiani (Board Member) [Trustee/Director]
- Terri Lynn Land (Board Member) [Trustee/Director]
- Tosha Tabron (Board Member) [Trustee/Director]
Official website here: www.techtowndetroit.org
Where can I find the form 990 for Wayne State University Research And Technology Park In The City Of Detroit?
The Wayne State University Research And Technology Park In The City Of Detroit’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.techtowndetroit.org
Learn more at the official website: www.techtowndetroit.org
Mission Statement of Wayne State University Research And Technology Park In The City Of Detroit
Wayne State University Research and Technology Park, also known as TechTown, is Detroit's hub for entrepreneurship and business growth. This 501(c)(3) nonprofit organization is dedicated to empowering Detroit-based startups and small businesses by providing crucial resources, collaborative workspace, and education. TechTown, located within the Woodward Technology Corridor SmartZone, aims to further accelerate inclusive economic development across Detroit.
The mission of TechTown is to help tech startups and small businesses develop, launch, and grow. By opening doors to opportunity, TechTown strengthens the city, neighborhoods, and economy. The organization offers a range of programs for technology-based entrepreneurship, including an idea-stage accelerator, an incubator, technology commercialization, traction, and capital access. These programs are designed to help founders strengthen their businesses in key areas, such as business operations, technical operations, and fundraising readiness.
TechTown's technology commercialization program evaluates and roadmaps the commercialization potential of university or healthcare system-developed technologies. High potential technologies transition into TechTown programs, where they receive the support and resources needed to succeed. The organization's traction program takes businesses from product to purchase by utilizing a unique community of accountability. The capital access program offers training modules and cohort support to help entrepreneurs understand the tech funding landscape and access the necessary funds to get their business off the ground.
In addition to technology-based entrepreneurship, TechTown offers services for small businesses. The retail boot camp prepares serious entrepreneurs with strong retail concepts for the successful launch of their brick-and-mortar business. The 313 Strong program combines economic development and startup acceleration strategies to transform historically underserved neighborhoods into vibrant and dense communities.
TechTown also provides various forms of real estate programming, including office and lab space, co-working, and meeting and event space. These offerings provide Detroit entrepreneurs with affordable, flexible, and collaborative work environments, as well as opportunities for networking and business growth.
Impact
This information is meant to be a general summary of Wayne State University Research And Technology Park In The City Of Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Wayne State University Research And Technology Park In The City Of Detroit, operating as TechTown, has a significant impact on Detroit's entrepreneurial ecosystem. By providing resources, collaborative workspace, and education for entrepreneurs, TechTown empowers Detroit-based startups and local businesses to accelerate inclusive economic development across the city. Through programs like Start Studio, Incubator, Technology Commercialization, Traction, and Capital Access Program, TechTown supports tech startups in various stages of development, helping them strengthen their businesses and access the funding needed for growth.
Furthermore, TechTown's Small Business Services such as Retail Boot Camp and 313 Strong aim to prepare entrepreneurs with strong retail concepts and foster economic development in underserved neighborhoods, contributing to the revitalization of Detroit's commercial districts. The real estate programming offered by TechTown provides innovative Detroit businesses with office and lab space, co-working opportunities, and meeting/event spaces, creating a supportive environment for collaboration and growth.
Overall, TechTown's mission to serve as Detroit's entrepreneurship hub is reflected in its efforts to help tech startups and small businesses develop, launch, and grow, ultimately contributing to the city's economic strength, neighborhood improvement, and community building.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOP INCOME
Revenue
$120,702
ADMINISTRATIVE INCOME
Revenue
$59,488
Organization Details
Founding Year
2000
Phone
(313) 887-1639
Principal Officer
Edward B Staebler
Main Address
440 BURROUGHS, DETROIT, MI, 48202
Website
www.techtowndetroit.org
NTEE Category
Code: S30 - Community improvement
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