2025-11-17T17:54:06-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2024-01-01 412061387 WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT WAYN 3138871639 440 BURROUGHS DETROIT MI 48202 EDWARD B STAEBLER CHIEF EXECUTIVE OFFICER/PRESIDENT 3138871639 2025-11-17 1 1 SHELBY NETZ P01405265 4147775500 2025-11-17 2024 2025-03-06 01:10:19Z TECHTOWN TECHTOWN DETROIT EDWARD B STAEBLER 440 BURROUGHS DETROIT MI 48202 4983068 0 X WWW.TECHTOWNDETROIT.ORG X 2000 MI TECHTOWN IS DETROIT'S ENTREPRENEURSHIP HUB. WE EMPOWER DETROIT-BASED STARTUPS AND LOCAL BUSINESSES BY PROVIDING RESOURCES, COLLARBORATIVE 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. 30 29 84 83 0 0 6450557 4520873 204283 123317 99826 75271 37568 88749 6792234 4808210 3601867 1840720 0 0 4925477 5204055 0 0 553561 3268146 5490756 11795490 12535531 -5003256 -7727321 26034168 20872657 2290038 4862831 23744130 16009826 X 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. 0 0 9372733 1840720 326316 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. 9372733 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 280 0 1 84 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MI X EDWARD B STAEBLER 3138795249 440 BURROUGHS DETROIT MI 48202 X EDWARD STAEBLER PRESIDENT & CEO 20.00 20.00 X X 175514 0 55032 DR KIMBERLY ANDREWS ESPY CHAIR 1.00 X 0 0 0 DR ALI ABOLMAALI BOARD MEMBER 1.00 X 0 0 0 BEN BERNSTEIN BOARD MEMBER 1.00 X 0 0 0 BETHANY GIELCZYK BOARD MEMBER 1.00 X 0 0 0 CHANELL SCOTT CONTRERAS BOARD MEMBER 1.00 X 0 0 0 CORNELIA BUTLER BOARD MEMBER 1.00 X 0 0 0 CLARINDA BARNETT-HARRISON BOARD MEMBER 1.00 X 0 0 0 GWEN JIMMERE BOARD MEMBER 1.00 X 0 0 0 HASSAN BEYDOUN BOARD MEMBER 1.00 X 0 0 0 JAMILA THOMPSON BOARD MEMBER 1.00 X 0 0 0 JASON AESCHLIMAN BOARD MEMBER 1.00 X 0 0 0 JONATHAN RUMLEY BOARD MEMBER 1.00 X 0 0 0 JUSTIN TURK BOARD MEMBER 1.00 X 0 0 0 KEVIN JOHNSON BOARD MEMBER 1.00 X 0 0 0 LAURA CHAVEZ-WAZEERUD-DIN BOARD MEMBER 1.00 X 0 0 0 LISA PRASAD BOARD MEMBER 1.00 X 0 0 0 MATT BOWER BOARD MEMBER 1.00 X 0 0 0 DR MICHAEL BUSUITO BOARD MEMBER 1.00 X 0 0 0 MICHAEL COLE BOARD MEMBER 1.00 X 0 0 0 MIKE SAPPINGTON BOARD MEMBER 1.00 X 0 0 0 MIKE S RAFFERTY BOARD MEMBER 1.00 X 0 0 0 NICK GORGA BOARD MEMBER 1.00 X 0 0 0 PATRICIA PATTI GLAZA BOARD MEMBER 1.00 X 0 0 0 PORTIA POWELL BOARD MEMBER 1.00 X 0 0 0 RIAN ENGLISH BARNHILL BOARD MEMBER 1.00 X 0 0 0 SONAL RAMRAKHIANI BOARD MEMBER 1.00 X 0 0 0 TERRI LYNN LAND BOARD MEMBER 1.00 X 0 0 0 VALENCIA STOUDAMIRE BOARD MEMBER 1.00 X 0 0 0 DR VIRGINIA KLEIST BOARD MEMBER 1.00 X 0 0 0 DIANA GOODE CHIEF FINACIAL OFFICER 20.00 20.00 X 179782 0 41986 CHRISTIANNE MALONE CHIEF PROGRAM OFFICER 40.00 X 161029 0 50061 KELLY KOZLOWSKI CHIEF OPERATING OFFICER 20.00 20.00 X 188378 0 49377 ALLANDRA J BULGER EXECUTIVE DIRECTOR, CO.ACT 40.00 X 190058 0 12191 NATRINA GROCE SR. DIRECTOR HUMAN RESOURCES 40.00 X 119548 0 20943 NORMA JEAN ZALESKI SR. DIRECTOR FINANCE & COMPLIANCE 40.00 X 110359 0 8124 DANIELLE MANLEY SR. DIRECTOR, DEVELOPMENT 40.00 X 125541 0 39193 KIMBERLY S WATTS DIRECTOR OF BUSINESS DEVELOPMENT 40.00 X 113235 0 16034 KYLA CARLSEN PROGRAM DIRECTOR, CO.ACT 40.00 X 128158 0 13006 1491602 0 305947 5 0 1 1 LAWRENCE TECHNOLOGICAL UNIVERSITY 21000 WEST 10 MILE RD SOUTHFIELD MI 48075 PROGRAM CONTRACTOR 713216 UNIVERSITY OF MICHIGAN 1000 VICTORS WAY SUITE 1A ANN ARBOR MI 48108 PROGRAM CONTRACTOR 382438 MICHIGAN FOUNDERS FUND 206 EAST HURON STREET SUITE 305 ANN ARBOR MI 48104 PROGRAM CONTRACTOR 218517 313 CREATIVE LLC 3890 KENSINGTON AVE DETROIT MI 48224 MARKETING AND ADVERTISING 187960 BUILD INSTITUTE 1620 MICHIGAN AVENUE SUITE 120 DETROIT MI 48216 SERVICES PROGRAM CONTENT 187500 9 128175 3111248 1281450 4520873 WORKSHOP INCOME 541610 123317 123317 123317 97757 97757 22486 -22486 -22486 -22486 15636 128175 152372 -136736 -136736 DISCOUNT ON RECEIVABLE 900099 133132 133132 SUBCONTRACTOR REVENUE 900099 88345 88345 REBATE INCOME 900099 4008 4008 225485 4808210 326316 0 -38979 X 1840720 1840720 5204055 2622291 2063364 518400 105661 80680 24981 60375 60375 394197 280546 113651 503396 465880 31112 6404 89881 41112 47682 1087 265112 115315 146641 3156 46346 46346 82157 41644 34199 6314 488139 448343 21596 18200 17798 17798 78575 56940 21635 26203 26203 DIRECT PROGRAM COSTS 3332916 3332916 12535531 9372733 2609237 553561 1566795 1592046 2009622 1794396 6704018 0 8731100 3458293 40298 39509 410970 360910 150920 50060 6831415 6831415 0 7106938 26034168 20872657 1411566 1411338 10000 3004255 810000 430000 58472 17238 2290038 4862831 X 14969606 16009826 8774524 0 23744130 16009826 26034168 20872657 -7727321 -15714 8731 0 X X 0 1 X 1 1 1 X 5325268 8954145 15819356 6450557 4520873 41070199 48091 67299 180190 106651 123317 525548 5373359 9021444 15999546 6557208 4644190 41595747 642800 3204490 13125890 2051500 19024680 0 642800 3204490 13125890 2051500 19024680 22571067 6390 146 22100 204283 97757 330676 6390 146 22100 204283 97757 330676 172516 225485 398001 5379749 9021590 16021646 6934007 4967432 42324424 0.53330 0.50460 0.00780 0.00680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 371045 320985 50060 39925 39925 0 50060 INVESTMENT IN TECHONE HOLDING CORPORATION 6831415 C 6831415 DUE FROM TECHONE HOLDING CORPORATION 7030201 DUE FROM TECHOPS+ 76737 7106938 BUSINESS ACCELERATOR FUNDS 17238 17238 PART IV, LINE 2B: THE ORGANIZATION IS THE FISCAL SPONSOR OF 13 SMALLER ORGANIZATIONS AND HOLDS THEIR FUNDS ON THEIR BEHALF. TOAST OF THE TOWN 143811 128175 15636 81232 38964 300 31876 143811 128175 15636 81232 38964 300 31876 152372 -136736 1 A GIRL LIKE ME INC 19642 LYNDON ST DETROIT MI 48223 850573313 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT CLASS ACT DETROIT 20501 LIVERNOIS 21827 DETROIT MI 48221 822835354 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT DETROIT HORSE POWER PO BOX 38115 DETROIT MI 48238 473212490 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT FREEDOM HOUSE 1901 SPRINGWELLS 9208 DETROIT MI 48209 382487626 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT JEFFERSON CHALMERS FARMERS MARKET 9239 PHILIP STREET DETROIT DETROIT MI 48224 833594615 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT SUGAR LAW CENTER FOR ECONOMIC & SOCIAL JUSTICE 4605 CASS AVE DETROIT MI 48201 382971968 501(C)(3) 150000 0 NON-PROFIT SUPPORT GRANT BULK SPACE 545 KING ST DETROIT MI 48202 861809965 501(C)(3) 115000 0 NON-PROFIT SUPPORT GRANT ALLIED MEDIA PROJECTS 4731 GRAND RIVER AVENUE SUITE 400 DETROIT MI 48208 010559608 501(C)(3) 47500 0 NON-PROFIT SUPPORT GRANT URBAN NEIGHBORHOOD INITIATIVES INC 8300 LONGWORTH DETROIT MI 48209 383417161 501(C)(3) 41531 0 NON-PROFIT SUPPORT GRANT GRANDMONT ROSEDALE DEVELOPMENT CORPORATION 19800 GRAND RIVER AVENUE DETROIT MI 48219 382885952 501(C)(3) 15000 0 NON-PROFIT SUPPORT GRANT BEREWORNSAMANTHA CERWIN 1247 WOODWARD AVENUE APT 302 DETROIT MI 48226 333950195 INDIVIDUAL PROPRIETO 11594 0 SMALL BUSINESS DEVELOPMENT GRANT NEXT CHAPTER BOOKS LLC 16555 EAST WARREN AVENUE DETROIT MI 48224 920315499 LLC 10000 0 SMALL BUSINESS DEVELOPMENT GRANT HARRY RICH CLOTHIER LLC 856 WEST PHILADELPHIA SREET DETROIT MI 48202 842174518 LLC 9978 0 SMALL BUSINESS DEVELOPMENT GRANT SEPIA COFFEE PROJECT 77 VICTOR ST 2ND FL HIGHLAND PARK MI 48203 863605266 LLC 9600 0 SMALL BUSINESS DEVELOPMENT GRANT TRAVELITE 14168 FAIRMOUNT DR DETROIT MI 48205 992328134 C-CORP 8812 0 SMALL BUSINESS DEVELOPMENT GRANT ROLLER SKATE DETROIT 19635 ROSLYN ROAD DETROIT MI 48221 824791886 LLC 8733 0 SMALL BUSINESS DEVELOPMENT GRANT SUPERNATURAL HAIR CARE LLC 5203 LORAINE STREET DETROIT MI 48208 824293718 LLC 8000 0 SMALL BUSINESS DEVELOPMENT GRANT BURL TECH LLC 14000 DIX TOLEDO ROAD UNIT 2284 SOUTHGATE MI 48195 990774753 C-CORP 7878 0 SMALL BUSINESS DEVELOPMENT GRANT DETROIT AI VENTURES LLC 30815 COUNTRY RIDGE CIRCLE FARMINGTON HILLS MI 48331 923675053 LLC 7562 0 SMALL BUSINESS DEVELOPMENT GRANT GLORY PRESERVATION LLC 220 WEST CONGRESS STREET FLOOR 2 SUITE 659 DETROIT MI 48226 994083541 LLC 7562 0 SMALL BUSINESS DEVELOPMENT GRANT ECOSPHERE ORGANICS LLC 2050 15TH STREET DETROIT MI 48216 992249064 LLC 7500 0 SMALL BUSINESS DEVELOPMENT GRANT ELROI LLC 1416 COMPASS DRIVE DURHAM NC 27713 883065798 C-CORP 7500 0 SMALL BUSINESS DEVELOPMENT GRANT JOYSTICK INC 8 THE GREEN ST SUITE A DOVER DE 19901 993944500 C-CORP 7500 0 SMALL BUSINESS DEVELOPMENT GRANT KOZEN INC 1420 WASHINGTON BLVD DETROIT MI 48226 365008257 C-CORP 7500 0 SMALL BUSINESS DEVELOPMENT GRANT RIZZARR INC 1001 WOODWARD AVENUE SUITE 500 DETROIT MI 48226 465433635 C-CORP 7500 0 SMALL BUSINESS DEVELOPMENT GRANT TOTAL RE-ENTRY SOLUTIONS INC 2050 15TH STREET DETROIT MI 48216 932246087 C-CORP 7500 0 SMALL BUSINESS DEVELOPMENT GRANT CASHPOOL INC 19 CLIFFORD STREET DETROIT MI 48226 922574992 C-CORP 7000 0 SMALL BUSINESS DEVELOPMENT GRANT MOTMOT INC 2050 15TH STREET DETROIT DETROIT MI 48216 992276149 C-CORP 7000 0 SMALL BUSINESS DEVELOPMENT GRANT OPTIMIZEEV 220 WEST CONGRESS STREET DETROIT MI 48226 923763194 C-CORP 7000 0 SMALL BUSINESS DEVELOPMENT GRANT REP RESERVE 12880 COLUMBIA STREET REDFORD TOWNSHIP MI 48239 994031303 LLC 7000 0 SMALL BUSINESS DEVELOPMENT GRANT CHARGED UP TO GO 18309 WEST 13 MILE ROAD UNIT 21 SOUTHFILED MI 48076 934899581 C-CORP 6700 0 SMALL BUSINESS DEVELOPMENT GRANT NOTHING TO WEAR LLC 333 COVINGTON DRIVE UNIT 4A HIGHLAND PARK MI 48203 802414818 LLC 6500 0 SMALL BUSINESS DEVELOPMENT GRANT I'M LIT LEARNING 28 GRAND RIVER AVE APT 415 DETROIT MI 48226 933171258 C-CORP 5050 0 SMALL BUSINESS DEVELOPMENT GRANT 10 23 PART I, LINE 2: THE CO. ACT ACTIVATE FUND AWARDS ARE PROJECT BASED AND THERE ARE MANY TOUCH POINTS TO ENSURE THE FUNDS ARE USED ON THE APPROVED PROJECT. TECH BASED AND SBS ACTIVATE FUND AWARDS ARE PROJECT BASED THROUGH THE GILBERT FAMILY FOUNDATION AND HAVE MANY TOUCH POINTS TO ENSURE THE FUNDS ARE USED IN ACCORDANCE WITH THE GRANT AGREEMENT. 1 0 0 0 0 0 0 0 0 KELLY KOZLOWSKI CHIEF OPERATING OFFICER 188378 0 0 0 0 0 0 0 49377 0 237755 0 0 0 EDWARD STAEBLER PRESIDENT & CEO 135514 0 40000 0 0 0 0 0 55032 0 230546 0 0 0 DIANA GOODE CHIEF FINACIAL OFFICER 179782 0 0 0 0 0 0 0 41986 0 221768 0 0 0 CHRISTIANNE MALONE CHIEF PROGRAM OFFICER 161029 0 0 0 0 0 0 0 50061 0 211090 0 0 0 ALLANDRA J BULGER EXECUTIVE DIRECTOR, CO.ACT 173558 0 16500 0 0 0 10420 0 1771 0 202249 0 0 0 DANIELLE MANLEY SR. DIRECTOR, DEVELOPMENT 125541 0 0 0 0 0 0 0 39193 0 164734 0 0 0 PART I, LINE 4A KIMBERLY WATTS RECEIVED $21,052 IN SEVERANCE IN 2024. SCHEDULE J, PART II: EDWARD STAEBLER WAS COMPENSATED BY WAYNE STATE UNIVERSITY FOR HIS ROLE AS OFFICER OF WAYNE STATE UNIVERSITY RESEARCH & TECHNOLOGY PARK IN THE CITY OF DETROIT. SEE SCHEDULE J PART II FOR HIS COMPENSATION DETAILS. FORM 990, PART VI, SECTION A, LINE 7A WAYNE STATE UNIVERSITY (WSU) APPOINTS THE CHAIRMAN OF THE BOARD AND THE WSU BOARD OF GOVERNORS APPOINTS TWO MEMBERS OF THE BOARD OF DIRECTORS. NO OTHER PARTIES HAVE THE RIGHT TO APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY THE PRESIDENT/CEO, DIRECTOR OF FINANCE AND HUMAN RESOURCES PRIOR TO FILING. NO FORMAL BOARD REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURES MADE BY OFFICERS, DIRECTORS, OR KEY EMPLOYEES WOULD BE REVIEWED BY SENIOR LEADERSHIP OF THE ORGANIZATION FOR APPROPRIATE ACTION. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE BOARD MEMBER IN QUESTION IS RECUSED FROM VOTING. NO SUCH CONFLICTS HAVE BEEN DISCLOSED DURING THE PERIOD OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 15A FOR THE CEO COMPENSATION, THE WSU PRESIDENT (CHAIRMAN OF THE BOARD) AND THEIR STAFF REVIEWED COMPARABILITY DATA FOR SIMILAR POSITIONS AND PRESENTED WRITTEN DOCUMENTATION OF ITS RECOMMENDATIONS TO THE ORGANIZATION'S GOVERNANCE COMMITTEE FOR FINAL DECISION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR PUBLIC INSPECTION. PART VII, SECTION A: SOME OF THE OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES REPORTED ON THE FORM 990, PART VII AND SCHEDULE J, PART II, ARE LEGAL EMPLOYEES OF WAYNE STATE UNIVERSITY (WSU). THE FILING ORGANIZATION REMITS PAYMENTS TO WSU FOR THE TIME SPENT ON THE ORGANIZATION'S ACTIVITIES, AND THE PORTION OF COMPENSATION REFLECTIVE OF THE TIME SPENT IS REPORTED ON THESE SCHEDULES ACCORDINGLY. FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 280,546. MANAGEMENT AND GENERAL EXPENSES 113,651. TOTAL EXPENSES 394,197. FORM 990, PART XII, LINE 2C THE AUDIT PROCESS HAS NOT CHANGED FROM PREVIOUS YEAR TECHONE HOLDING CORPORATION 440 BURROUGHS DETROIT MI 48202 201062426 MASTER SUB TENANT MI TECHTOWN C 3678487 17002880 1.00000 1 TECHTOWN OPS PLUS 440 BURROUGHS DETROIT MI 48202 934052314 MANAGEMENT CONSULTING MI TECHTOWN C 81408 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 TECHONE HOLDING CORPORATION J 122202 ACTUAL TECHONE HOLDING CORPORATION O 236962 ACTUAL TECHONE HOLDING CORPORATION S 500000 ACTUAL TECHTOWN OPS S 125000 ACTUAL