WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT (EIN 41-2061387)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201613209349304931
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T11:19:27-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 307 | AddressLine1Txt |
| City | SOUTHFIELD | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 480370307 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412061387 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYNE STATE UNIVERSITY RESEARCH AND | BusinessNameLine1Txt |
| Business Name Line2 | TECHNOLOGY PARK IN THE CITY OF DETROIT | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WAYN | BusinessNameControlTxt |
| Phone | 3138871639 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD B STAEBLER | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 3138871639 | PhoneNum |
| Signature | 2016-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TINA PETERS | PreparerPersonNm |
| PTIN | P00904574 | PTIN |
| Phone | 2483522500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHTOWN TECHTOWN DETROIT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EDWARD B STAEBLER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,863,953 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TECHTOWNDETROIT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | TECHTOWN IS DETROIT'S BUSINESS INNOVATION HUB. AS THE CITY'S MOST ESTABLISHED BUSINESS ACCELERATOR AND INCUBATOR, WE PROVIDE A POWERFUL CONNECTION TO A BROAD NETWORK OF RESOURCES, CATALYZING ENTIRE COMMUNITIES OF ENTREPRENEURS BEST POISED TO ENERGIZE THE LOCAL ECONOMY. TECHTOWN IS A 501(C)(3) NONPROFIT AND IS LOCATED WITHIN THE WOODWARD TECHNOLOGY CORRIDOR SMARTZONE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,314,599 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,844,181 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $18,484 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $19,772 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,333,083 | PYTotalRevenueAmt |
| CY Total Revenue | $1,863,953 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $54,322 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $42,952 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,433,609 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,030,061 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $86,298 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,289,685 | PYOtherExpensesAmt |
| CY Other Expenses | $1,263,285 | CYOtherExpensesAmt |
| PY Total Expenses | $2,777,616 | PYTotalExpensesAmt |
| CY Total Expenses | $2,336,298 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$444,533 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$472,345 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,810,954 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,177,192 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,279,468 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,076,725 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,531,486 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,100,467 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ACCELERATE ECONOMIC GROWTH IN DETROIT BY GROWING STRONG BUSINESSES AND DRIVING REGIONAL COLLABORATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,711,637 | ExpenseAmt |
| Grant | $42,952 | GrantAmt |
| Revenue | $19,772 | RevenueAmt |
| Desc | BUSINESS UNITS AND PROGRAMSLABS - TECHNOLOGY-BASED PROGRAMMING LABS VENTURE ACCELERATOR: HIGHLY COMPETITIVE, BOOT-CAMP STYLE PROGRAM HELPS SHOW ENTREPRENEURS HOW TO TURN THEIR EARLY STAGE TECHNOLOGY-BASED STARTUPS INTO SUSTAINABLE, MARKET-READY BUSINESSESDETROIT TECHNOLOGY EXCHANGE (DTX): PROGRAMMATIC PARTNERSHIP DESIGNED TO RECRUIT AND GROOM TALENT FOR TECH ENTREPRENEURSHIP AND CONVERT INNOVATIVE TECHNOLOGIES INTO DETROIT STARTUPS. PARTNERS: TECHTOWN, BIZDOM, INVEST DETROIT AND THE DETROIT CREATIVE CORRIDOR CENTER.TECHNOLOGY COMMERCIALIZATION: TECHTOWN EVALUATES AND ROADMAPS THE COMMERCIALIZATION POTENTIAL OF UNIVERSITY OR HEALTH CARE SYSTEM-DEVELOPED TECHNOLOGIES; HIGH POTENTIAL TECHNOLOGIES TRANSITION INTO TECHTOWN PROGRAMS.START-UP INCUBATION: TECHTOWN'S INCUBATION PROGRAM CUSTOMIZES SUPPORT BASED ON EACH TECH STARTUP'S UNIQUE BUSINESS NEEDS. STARTUPS HAVE A BUSINESS MODEL THAT'S BASED ON DEMONSTRATED CUSTOMER NEED AND A TECHNOLOGY IN THE EARLY PROTOTYPE STAGE.BLOCKS - PLACE-BASED PROGRAMMINGBLOCKS 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 DISTRICTSWOT CITY: COMBINES ECONOMIC DEVELOPMENT AND START-UP ACCELERATION STRATEGIES TO TRANSFORM DETROIT'S HISTORICALLY UNDERSERVED NEIGHBORHOODS INTO VIBRANT AND DENSE COMMUNITIESSPACE - REAL ESTATE PROGRAMMINGOFFICE AND LAB SPACE: COMMERCIAL REAL ESTATE FOR INNOVATIVE DETROIT BUSINESSESJUNCTION440: CO-WORKING COMMUNITY OFFERING DETROIT ENTREPRENEURS AN AFFORDABLE, FLEXIBLE AND COLLABORATIVE WORK ENVIRONMENTMEETING 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 | Desc |
| Total Program Service Expenses | $1,711,637 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 29 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDWARD B STAEBLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3138795249 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48202 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| A PAUL SCHAAP PHD | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN HOLDWICK | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CARLA WALKER-MILLER | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER GRAUNSTADT | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER RIZIK | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DANA THOMPSON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID BLASZKIEWICZ | |||||||
| BOARD MEMBER | 1.00 | 0.10 | Yes (X) | $0 | $0 | $0 | |
| DAVID EGNER | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DR FARSHAD FOTOUHI | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DR THOMAS E ANDERSON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| EDWARD STAEBLER | |||||||
| PRESIDENT & CEO | 16.00 | 24.00 | Yes (X) | $69,500 | $0 | $22,440 | Yes (X) |
| FREDRICK MOLNAR | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GABE LELAND | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JACALYN GOFORTH | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JEAN REDFIELD | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JED HOWBURT | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KATE BORDINE | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LIZABETH ARDISANA | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| M ROY WILSON | |||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MARK COTICCHIA | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARK SCHWARTZ | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARTIN DOBER | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL MASSARON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAULA SORELL | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT CHARLES | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT FORSYTHE | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SAUNTEEL JENKINS | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN LANIER | |||||||
| VICE CHAIR/SECRETARY | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE AMBROSE | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN MOSEY | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| TED SERBINSKI | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| TONYA MATTHEWS | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM DECATUR | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DIANA GOODE | |||||||
| CHIEF OPERATING OFFICER | 24.00 | 16.00 | $62,708 | $0 | $15,453 | Yes (X) | |
| LESLIE SMITH | |||||||
| PRESIDENT & CEO | 36.00 | 4.00 | $62,542 | $0 | $7,762 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $194,750 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $45,655 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $747,493 | GovernmentGrantsAmt |
| All Other Contributions | $1,096,688 | AllOtherContributionsAmt |
| Total Contributions | $1,844,181 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMINISTRATIVE INCOME | 900099 | $18,907 | $18,907 |
| ENTREPRENEUR LOAN INT. | 900099 | $865 | $865 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $19,772 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,863,953 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,772 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,952 | TotalAmt |
| Program Services | $42,952 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,754 | TotalAmt |
| Program Services | $45,157 | ProgramServicesAmt |
| Management And General | $178,567 | ManagementAndGeneralAmt |
| Fundraising | $7,030 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $664,171 | TotalAmt |
| Program Services | $564,759 | ProgramServicesAmt |
| Management And General | $62,720 | ManagementAndGeneralAmt |
| Fundraising | $36,692 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,223 | TotalAmt |
| Program Services | $65,688 | ProgramServicesAmt |
| Fundraising | $4,535 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,913 | TotalAmt |
| Program Services | $45,439 | ProgramServicesAmt |
| Management And General | $16,228 | ManagementAndGeneralAmt |
| Fundraising | $3,246 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,404 | TotalAmt |
| Program Services | $11,553 | ProgramServicesAmt |
| Management And General | $3,851 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,340 | TotalAmt |
| Program Services | $10,755 | ProgramServicesAmt |
| Management And General | $3,585 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $537,219 | TotalAmt |
| Program Services | $402,914 | ProgramServicesAmt |
| Management And General | $134,305 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,604 | TotalAmt |
| Program Services | $62,143 | ProgramServicesAmt |
| Fundraising | $33,461 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,847 | TotalAmt |
| Program Services | $27,738 | ProgramServicesAmt |
| Management And General | $22,109 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,128 | TotalAmt |
| Program Services | $24,096 | ProgramServicesAmt |
| Management And General | $8,032 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,746 | TotalAmt |
| Program Services | $147,071 | ProgramServicesAmt |
| Management And General | $2,177 | ManagementAndGeneralAmt |
| Fundraising | $498 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,993 | TotalAmt |
| Program Services | $47,497 | ProgramServicesAmt |
| Management And General | $47,496 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,138 | TotalAmt |
| Program Services | $93,138 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,929 | TotalAmt |
| Management And General | $36,929 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,076 | TotalAmt |
| Management And General | $5,076 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT EXPENSE | $100,105 | $100,105 | ||
| BUSINESS ACCELERATOR EX | $30,396 | $15,198 | $15,198 | |
| SUBSCRIPTIONS & PUBS. | $8,360 | $5,434 | $2,090 | $836 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,336,298 | TotalAmt |
| Program Services | $1,711,637 | ProgramServicesAmt |
| Management And General | $538,363 | ManagementAndGeneralAmt |
| Fundraising | $86,298 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,252 | BOYAmt |
| EOY | $485,458 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,478 | BOYAmt |
| EOY | $97,546 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,189,441 | BOYAmt |
| EOY | $13,428,653 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,459 | BOYAmt |
| EOY | $576 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,634 | BOYAmt |
| EOY | $10,872 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $403,480 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $365,027 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,382 | BOYAmt |
| EOY | $38,453 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,925,692 | BOYAmt |
| EOY | -$884,366 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,810,954 | BOYAmt |
| EOY | $13,177,192 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,871 | BOYAmt |
| EOY | $237,102 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,381 | BOYAmt |
| EOY | $63,582 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,144 | BOYAmt |
| EOY | $37,112 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,041,072 | BOYAmt |
| EOY | $2,738,929 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,279,468 | BOYAmt |
| EOY | $3,076,725 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,178,193 | BOYAmt |
| EOY | $9,815,395 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $353,293 | BOYAmt |
| EOY | $285,072 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,531,486 | BOYAmt |
| EOY | $10,100,467 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,810,954 | BOYAmt |
| EOY | $13,177,192 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$472,345 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,041,326 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,244,195 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,818,401 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,372,720 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,314,599 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,844,181 | CurrentTaxYearAmt |
| Total | $20,594,096 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,336 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,177 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $30,700 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,484 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,772 | CurrentTaxYearAmt |
| Total | $125,469 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,265,531 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,853,578 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,403,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,333,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,863,953 | CurrentTaxYearAmt |
| Total | $20,719,565 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $900,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,882 | CurrentTaxYearMinus2YearsAmt |
| Total | $937,882 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $900,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,882 | CurrentTaxYearMinus2YearsAmt |
| Total | $937,882 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $19,781,683 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1 | CurrentTaxYearMinus3YearsAmt |
| Total | $60 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $80,389 | CurrentTaxYearMinus4YearsAmt |
| Total | $80,389 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $80,448 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1 | CurrentTaxYearMinus3YearsAmt |
| Total | $80,449 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,087 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $864 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,728 | CurrentTaxYearMinus2YearsAmt |
| Total | $4,679 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,348,066 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,854,443 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,405,148 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,333,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,863,953 | CurrentTaxYearAmt |
| Total | $20,804,693 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95080 | PublicSupportCY509Pct |
| Public Support PY509 | 0.89980 | PublicSupportPY509Pct |
| Investment Income CY | 0.00390 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01010 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $363,555 | OtherCostOrOtherBasisAmt |
| Depreciation | $328,060 | DepreciationAmt |
| Book Value | $35,495 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,925 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,967 | DepreciationAmt |
| Book Value | $2,958 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,453 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ORGANIZATION IS THE FISCAL SPONSOR OF TWO SMALLER ORGANIZATIONS AND HOLDS THEIR FUNDS ON THEIR BEHALF. |
| PART X, LINE 2: | TECHTOWN IS EXEMPT FROM INCOME TAX UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). NO PROVISION HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE INCOME TAXES FOR TOD AND TOM AS THESE ENTITIES ARE TAXED AS PARTNERSHIPS AND, AS SUCH, ALL INCOME AND EXPENSES ARE ALLOCATED TO THE MEMBERS FOR INCLUSION ON THEIR RESPECTIVE INCOME TAX RETURNS. TOH IS A C-CORPORATION AND IS SUBJECT TO TAXES ON ITS INCOME. THERE ARE NO SIGNIFICANT TIMING DIFFERENCES. TOH HAS NET OPERATING LOSS CARRYFORWARDS OF APPROXIMATELY $4,515,000 EXPIRING IN 2025 THROUGH 2034. TOH HAS RECORDED A VALUATION ALLOWANCE FOR THE ENTIRE AMOUNT OF THE DEFERRED TAX ASSET RELATED TO THE LOSS CARRYFORWARDS. NO DEFERRED TAX ASSETS OR LIABILITIES ARE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR FEDERAL INCOME TAXES. THE ORGANIZATION BELIEVES ITS FEDERAL TAX RETURNS FOR THE YEARS PRIOR TO DECEMBER 31, 2012 ARE NO LONGER SUBJECT TO EXAMINATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| DETROIT MICRO-ENTERPRISE FUND | |||||||
| 440 BURROUGHS ST 123 | DETROIT | MI | 48202 | 202593806 | 501(C)(3) | $10,000 | TO SUPPORT ECONOMIC DEVELOPMENT |
| LAUGHTER IN THE SUN LLC - HOUSE OF PURE VIN | |||||||
| 1433 WOODWARD AVE | DETROIT | MI | 48226 | 471823186 | $10,000 | TO SUPPORT ECONOMIC DEVELOPMENT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDWARD STAEBLER | ||||||||||||||
| PRESIDENT & CEO | $69,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22,440 | $0 | $91,940 | $0 | $0 | $0 |
| DIANA GOODE | ||||||||||||||
| CHIEF OPERATING OFFICER | $62,708 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,453 | $0 | $78,161 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, PART VII, SECTION A, LINE 5: | FormAndLineReferenceDesc |
| Explanation | DIANA GOODE AND EDWARD STAEBLER WERE COMPENSATED BY WAYNE STATE UNIVERSITY FOR THEIR ROLE AS OFFICERS OF WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT. SEE SCHEDULE J PART II FOR THEIR COMPENSATION DETAIL. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 11 | FORM 990 WILL BE REVIEWED BY THE PRESIDENT/CEO AND MANAGING DIRECTOR OF OPERATIONS 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. NO SUCH CONFLICTS HAVE BEEN DISCLOSED DURING THE PERIOD OF THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 15A | FOR THE CEO COMPENSATION FOR 2015, THE WSU PRESIDENT (CHAIRMAN OF THE BOARD) AND HIS 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. |
| FORM 990, PART IX, LINE 11G | MICRO ENTERPRISES PROGRAM FACILITATORS: PROGRAM SERVICE EXPENSES 3,520. MANAGEMENT AND GENERAL EXPENSES 1,173. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,693. CONTRACT EMPLOYEES: PROGRAM SERVICE EXPENSES 112,988. MANAGEMENT AND GENERAL EXPENSES 37,663. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150,651. ENTREPRENEUR-IN-RESIDENCE & FELLOWSHIP PROGRAM MENTORS: PROGRAM SERVICE EXPENSES 210,000. MANAGEMENT AND GENERAL EXPENSES 70,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 280,000. ENTREPRENEUR PROGRAM MENTORS: PROGRAM SERVICE EXPENSES 72,656. MANAGEMENT AND GENERAL EXPENSES 24,219. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,875. SPEAKER SERIES: PROGRAM SERVICE EXPENSES 3,750. MANAGEMENT AND GENERAL EXPENSES 1,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHONE DEVELOPMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201062523 | EIN |
| Primary Activities | LANDLORD | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHONE HOLDING CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1Txt |
| City | DETROIT | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201062426 | EIN |
| Primary Activities | MASTER SUB-TENANT | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $1,328,303 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $23,539,085 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TECHONE HOLDING CORPORATION | ||
| K | $122,220 | CASH TRANSACTION |
| TECHONE HOLDING CORPORATION | ||
| O | $201,600 | CASH TRANSACTION |
| TECHONE HOLDING CORPORATION | ||
| P | $286,000 | CASH TRANSACTION |