From public IRS filings
WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT
DETROIT, MI · Community Improvement
Mission
TECHTOWN IS DETROIT'S ENTREPRENEURSHIP HUB. WE EMPOWER DETROIT-BASED STARTUPS AND LOCAL BUSINESSES BY PROVIDING RESOURCES, COLLABORATIVE WORKSPACE AND EDUCATION FOR ENTREPRENEURS THAT WILL FURTHER ACCELERATE INCLUSIVE ECONOMIC DEVELOPMENT ACROSS DETROIT. TECHTOWN IS A 501(C)(3) NONPROFIT AND IS LOCATED WITHIN THE WOODWARD TECHNOLOGY CORRIDOR SMARTZONE.
Financials (IRS Form 990)
Total revenue
$6.8M
Total expenses
$11.8M
Total assets
$26M
Program expense ratio
76%
Source: IRS Form 990, tax year 2023.
Who funds WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT
$10.5M in foundation grants on record from 19 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Kresge Foundation | $6.2M | 5 |
| Skillman Foundation | $1.1M | 5 |
| William Davidson Foundation | $1M | 2 |
| Community Foundation for Southeast Michigan | $580K | 3 |
| Jpmorgan Chase Foundation | $450K | 1 |
| Charities Aid Foundation America | $300K | 1 |
| Local Initiatives Support | $155K | 2 |
| Hudson-Webber Foundation | $150K | 1 |
| Gs Donor Advised Philanthropy Fund for Wealth Management | $100K | 1 |
| Ilitch Charities | $100K | 1 |
Leadership
EDWARD B STAEBLER — PRESIDENT & CEO (Principal officer)
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