Nonprofit · EIN 41-2061387
WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT
Tax-exempt · DETROIT, MI 48202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,808,210 | $12,535,531 | -$7,727,321 | $20,872,657 | $4,862,831 | $16,009,826 |
| December 31, 2023 | 990 | $6,792,234 | $11,795,490 | -$5,003,256 | $26,034,168 | $2,290,038 | $23,744,130 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,520,873
- of which government grants
- $3,111,248
- Program service revenue
- $123,317
- Investment income
- $75,271
- Net gain from sales of assets
- -$22,486
- Net income from fundraising events
- -$136,736
- Other revenue
- $88,749
Expenses
- Grants and similar amounts paid
- $1,840,720
- Other salaries and wages
- $5,204,055
- Salaries, compensation and benefits (total)
- $5,204,055
- Professional fundraising fees
- $0
- Legal fees
- $105,661
- Accounting fees
- $60,375
- Occupancy
- $46,346
- Travel
- $82,157
- Depreciation
- $78,575
- Program services (functional)
- $9,372,733
- Management and general (functional)
- $2,609,237
- Fundraising (functional)
- $553,561
Balance sheet and other
- Total assets, start of year
- $26,034,168
- Total assets, end of year
- $20,872,657
- Total liabilities, end of year
- $4,862,831
- Net assets, end of year
- $16,009,826
- Land, buildings and equipment
- $50,060
- Net assets without donor restrictions
- $16,009,826
- Gross receipts
- $4,983,068
- Employees
- 84
- Volunteers
- 83
- Year formed
- 2000
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY KOZLOWSKI | CHIEF OPERATING OFFICER Key employee | 20 | $188,378 | $49,377 |
| EDWARD STAEBLER | PRESIDENT & CEO Trustee or director, Officer | 20 | $175,514 | $55,032 |
| DIANA GOODE | CHIEF FINACIAL OFFICER Officer | 20 | $179,782 | $41,986 |
| CHRISTIANNE MALONE | CHIEF PROGRAM OFFICER Key employee | 40 | $161,029 | $50,061 |
| ALLANDRA J BULGER | EXECUTIVE DIRECTOR, CO.ACT Key employee | 40 | $190,058 | $12,191 |
| DANIELLE MANLEY | SR. DIRECTOR, DEVELOPMENT Highest-paid employee | 40 | $125,541 | $39,193 |
| KYLA CARLSEN | PROGRAM DIRECTOR, CO.ACT Highest-paid employee | 40 | $128,158 | $13,006 |
| NATRINA GROCE | SR. DIRECTOR HUMAN RESOURCES Highest-paid employee | 40 | $119,548 | $20,943 |
| KIMBERLY S WATTS | DIRECTOR OF BUSINESS DEVELOPMENT Highest-paid employee | 40 | $113,235 | $16,034 |
| NORMA JEAN ZALESKI | SR. DIRECTOR FINANCE & COMPLIANCE Highest-paid employee | 40 | $110,359 | $8,124 |
| DR KIMBERLY ANDREWS ESPY | CHAIR Trustee or director | 1 | $0 | $0 |
| DR ALI ABOLMAALI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BEN BERNSTEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETHANY GIELCZYK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHANELL SCOTT CONTRERAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORNELIA BUTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| CLARINDA BARNETT-HARRISON | BOARD MEMBER Trustee or director | 1 | $0 |
| GWEN JIMMERE | BOARD MEMBER Trustee or director | 1 | $0 |
| HASSAN BEYDOUN | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMILA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON AESCHLIMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN RUMLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN TURK | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA CHAVEZ-WAZEERUD-DIN | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA PRASAD | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT BOWER | BOARD MEMBER Trustee or director | 1 | $0 |
| DR MICHAEL BUSUITO | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL COLE | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE SAPPINGTON | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE S RAFFERTY | BOARD MEMBER Trustee or director | 1 | $0 |
| NICK GORGA | BOARD MEMBER Trustee or director | 1 | $0 |
| PATRICIA PATTI GLAZA | BOARD MEMBER Trustee or director | 1 | $0 |
| PORTIA POWELL | BOARD MEMBER Trustee or director | 1 | $0 |
| RIAN ENGLISH BARNHILL | BOARD MEMBER Trustee or director | 1 | $0 |
| SONAL RAMRAKHIANI | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRI LYNN LAND | BOARD MEMBER Trustee or director | 1 | $0 |
| VALENCIA STOUDAMIRE | BOARD MEMBER Trustee or director | 1 | $0 |
| DR VIRGINIA KLEIST | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD STABLER | PRESIDENT & CEO Trustee or director, Officer | 20 | $169,428 | $118,098 |
| KELLY KOZLOWSKI | CHIEF OPERATING OFFICER Key employee | 20 | $154,185 | $68,825 |
| CHRISTIANNE MALONE | CHIEF PROGRAM OFFICER Key employee | 40 | $155,033 | $46,432 |
| ALLANDRA BULGER | EXECUTIVE DIRECTOR, CO.ACT DETROIT Highest-paid employee | 40 | $165,173 | $32,487 |
| DIANA GOODE | CHIEF FINANCIAL OFFICER Officer | 20 | $131,371 | $58,415 |
| DAWN BATTS | DIRECTOR, GROWTH CAPITAL Highest-paid employee | 40 | $119,431 | $28,159 |
| KYLA CARLSEN | DIRECTOR OF PROGRAMS, CO.ACT DETROIT Highest-paid employee | 40 | $123,847 | $16,678 |
| KIMBERLY WATTS | DIRECTOR OF BUSINESS DEVELOPMENT Highest-paid employee | 40 | $117,148 | $19,070 |
| TRINA GROCE | SENIOR HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $120,445 | $14,820 |
| DR M ROY WILSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JASON AESCHLIMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GENE BARBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JILL FORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICIA GLAZA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK GORGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANIKA GOSS-FOSTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LISA M HARDY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TERRI LYNN LAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID MASSARON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FREDRICK MOLNAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PORTIA POWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LISA PRASAD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE RAFFERTY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SONAL RAMRAKHIANI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN RUMLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM SABER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON D SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICOLE SHERARD-FREEMAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOSHA TABRON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMILA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JASON TINSLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARLA WALKER-MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HECTOR HERNANDEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 440 BURROUGHS, DETROIT, MI 48202-3429
- Principal officer (990 for 2024)
- EDWARD B STAEBLER, 440 BURROUGHS, DETROIT, MI 48202
- Signed the 990
- EDWARD B STAEBLER, CHIEF EXECUTIVE OFFICER/PRESIDENT
- Phone
- (313) 887-1639
- Website
- WWW.TECHTOWNDETROIT.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TECHTOWN IS DETROIT'S ENTREPRENEUERSHIP HUB. WE HELP TECH STARTUPS AND SMALL BUSINESSES DEVELOP, LAUNCH, AND GROW. BY OPENING DOORS TO OPPORTUNITY, WE STRENGTHEN OUR CITY, NEIGHBORHOODS, AND ECONOMY.
Program accomplishments
- TECHNOLOGY-BASED ENTREPRENEURSHIP PROGRAMMING - START STUDIO: IDEA-STAGE ACCELERATOR THAT VALIDATES EARLY-STAGE TECH STARTUPS THROUGH CUSTOMER DISCOVERY.-INCUBATOR: AN INTENSE AND DYNAMIC PROGRAM FOCUSED ON HELPING PROMISING TECH STARTUPS MAKE THE TRANSITION INTO PROFITABLE COMPANIES. VIA A COHORT MODEL, TECHTOWN WILL HELP FOUNDERS STRENGTHEN THEIR BUSINESSES IN THREE KEY AREAS: BUSINESS OPERATIONS, TECHNICAL OPERATIONS AND FUNDRAISING READINESS.-TECHNOLOGY COMMERCIALIZATION: TECHTOWN EVALUATED AND ROADMAPS THE COMMERCIALIZATION POTENTIAL OF UNIVERSITY OR HEALTH CAR SYSTEM-DEVELOPED TECHNOLOGIES; HIGH POTENTIAL TECHNOLOGIES TRANSITION INTO TECHTOWN PROGRAMS.-TRACTION: TAKES BUSINESS MOVE FROM PRODUCT TO PURCHASE VIA A UNIQUE COMMUNITY OF ACCOUNTABILITY THAT HELPS STARTUPS MOVE FROM LAUNCHING THE FIRST VERSION OF THEIR PRODUCT TO GENERATING RECURRING REVENUE.-CAPITAL ACCESS PROGRAM: A SERIES OF TRAINING MODULES AND COHORT SUPPORT THAT HELPS ENTREPRENEURS UNDERSTAND THE TECH FUNDING LANSCAPE AND ACCESS THE FUNDS NEEDED TO GET THEIR BUSINESS OFF THE GROUND.SMALL BUSINESS SERVICES-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 DISTRICT.-313 STRONG: COMBINES ECONOMIC DEVELOPMENT AND START-UP ACCELERATION STRATEGIES TO TRANSFORM DETROIT'S HISTORICALLY UNDERSERVED NEIGHBORHOODS INTO VIBRANT AND DENSE COMMUNITIES.-PROGRAMMING RESOURCE SUPPORT FOR NON-PROFITSSPACE - REAL ESTATE PROGRAMMING-OFFICE AND LAB SPACE: COMMERCIAL REAL ESTATE FOR INNOVATIVE DETROIT BUSINESSES.-CO-WORKING: CO-WORKING COMMUNITY OFFERING DETROIT ENTREPRENEURS AN AFFORDABLE, FLEXIBLE AND COLLABORATIVE WORK ENVIRONMENT.-MEETING AND EVENT SPACE: RECENTLY RENOVATED FIRST FLOOR INCLUDES EVENT SPACE WITH SEATING UP TO 180; MEETING, CONFERENCE AND TRAINING ROOMS; OPEN, GALLEY-STYLE KITCHEN WITH CAFE SEATING.BACKOFFICE SUPPORT SERVICES FOR HUMAN RESOURCE AND FINANCIAL MANAGEMENT.Expenses $9,372,733 · grants $1,840,720 · revenue $326,316
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-2061387
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $20,872,657
- Income (IRS master file)
- $4,983,068
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,808,210 | $12,535,531 | $20,872,657 | IRS |
| 990 | December 2023 | $6,792,234 | $11,795,490 | $26,034,168 | XML |
| 990 | December 2022 | $15,845,749 | $8,937,181 | $31,848,008 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-2061387).
Questions about WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT
- What is the EIN of WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT?
- The employer identification number (EIN) of WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT is 41-2061387.
- Is WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT?
- The 990 for the year ended December 31, 2024 names EDWARD B STAEBLER.
- Who are the officers and directors of WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT?
- The 990 for the year ended December 31, 2024 lists 39 people; 10 received compensation from the organization, the highest $188,378 (KELLY KOZLOWSKI, CHIEF OPERATING OFFICER).
- How much revenue does WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,808,210, expenses of $12,535,531 and total assets of $20,872,657 at year end.
Other nonprofits in DETROIT
- WAYNE-METROPOLITAN COMMUNITY ACTION AGENCY EIN 38-1976979 · last filed 990 for 2025
- INVEST DETROIT FOUNDATION EIN 27-1927369 · last filed 990 for 2024
- FOUNDATION FOR DETROITS FUTURE EIN 46-4873153 · last filed 990 for 2024
- DOWNTOWN DETROIT PARTNERSHIP INC EIN 38-3436456 · last filed 990 for 2024
- DETROIT REGIONAL CHAMBER FOUNDATION INC EIN 38-2352462 · last filed 990 for 2025
- DETROIT REGIONAL PARTNERSHIP FOUNDATION EIN 83-1361974 · last filed 990 for 2024
- DETRIOT ECONOMIC GROWTH ASSOCIATION EIN 38-2433720 · last filed 990 for 2025
- CONNECT DETROIT EIN 38-3570727 · last filed 990 for 2024
All nonprofits in DETROIT · Michigan · Community improvement and capacity building