WAYNE STATE UNIV RESEARCH & TECHNO- LOGY PARK IN THE CITY OF DETROIT: Form 990, tax year 2010
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
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201143199349305759
- Schema version
- 2010v3.4
- 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) |
|---|---|---|
| Timestamp | 2011-11-15T13:35:27-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 307 | AddressLine1 |
| City | SOUTHFIELD | City |
| State | MI | State |
| ZIP Code | 480370307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412061387 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYNE STATE UNIVERSITY RESEARCH AND | BusinessNameLine1 |
| Business Name Line2 | TECHNOLOGY PARK IN THE CITY OF DETROIT | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAYN | NameControl |
| Phone | 3138871639 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RANDAL CHARLTON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3138871639 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2483522500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LESLIE SMITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4220781 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.TECHTOWNWSU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | TO EXPAND EDUCATIONAL OPPORTUNITIES AND KNOWLEDGE PERTAINING TO SCIENTIFIC AND TECHNOLOGICAL RESEARCH AND DEVELOPMENT AMONG PUBLIC AND PRIVATE ENTITIES INCLUDING, BUT NOT LIMITED TO, THE AREAS OF INDUSTRIAL TECHNOLOGY, BIOTECHNOLOGY, AND COMMUNICATIONS TECHNOLOGY, AND THEREBY TO PROMOTE THE ECONOMIC AND INDUSTRIAL DEVELOPMENT OF THE CITY OF DETROIT AND THE STATE OF MICHIGAN. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | TotalNbrEmployees |
| Total Nbr Volunteers | 21 | TotalNbrVolunteers |
| Total Gross UBI | 12306 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 2646 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3381512 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4048375 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 354452 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 75068 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5909 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2920 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -77416 | OtherRevenuePriorYear |
| Other Revenue Current Year | -42876 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3664457 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4083487 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 178589 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 761525 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1417578 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 107097 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1720164 | OtherExpensePriorYear |
| Other Expenses Current Year | 1404766 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2660278 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2822344 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1004179 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1261143 | RevenuesLessExpensesCY |
| Total Assets BOY | 5639912 | TotalAssetsBOY |
| Total Assets EOY | 4949571 | TotalAssetsEOY |
| Total Liabilities BOY | 1266983 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 771583 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4372929 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4177988 | NetAssetsOrFundBalancesEOY |
| Mission Description | NONE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1875840 | Expense |
| Revenue | 0 | Revenue |
| Description | TECHTOWN HELPS CREATE AND STRENGTHEN A CULTURE OF ENTREPRENEURIALISM IN DETROIT AND MICHIGAN, LEADING TO VIGOROUS AND LASTING ECONOMIC GROWTH. TECHTOWN SUPPORTS THE DEVELOPMENT OF EMERGING COMPANIES THROUGH SUSTAINABLE BUSINESS OPERATIONS, EXEMPLARY PROGRAMS AND SERVICES, AND A COMPREHENSIVE INFRASTRUCTURE, ALL INTEGRATED INTO DETROIT'S BROADER ECONOMIC DEVELOPMENT GOALS; AND LEVERAGES COMMUNITY PARTNERSHIPS REQUIRED TO DELIVER EFFECTIVE PROGRAMS AND SERVICES TO EMERGING COMPANIES. | Description |
| Total Program Service Expense | 1875840 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 94 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 27 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESLIE SMITH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3138795249 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MS LIZABETH ARDISANA | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR JOHN BLANCHARD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR DAVID BLASZKIEWICZ | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X |
| MR RICHARD E BLOUSE JR | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR JAMES CONNELLY | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X |
| MR MATT CULLEN | ||||||
| VICE CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| MR JOHN DAVIS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| HON DEBBIE DINGLE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR PAUL HILLEGONDS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR BRIAN HOLDWICK | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MS ANNETTA MILLER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MS TURKIA MULLIN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MS FAYE NELSON | ||||||
| VICE CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| DR JAY NOREN | ||||||
| CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| HON CHARLES PUGH | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DR HILARY RATNER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR PAUL SCHAAP | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR ROBERT THOMAS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DR MUMTAZ USMEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR DAVID WILLIAMS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR ROBERT CHARLES | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MR RANDALL CHARLTON | ||||||
| PRESIDENT/EXEC. DIR. | 40.00 | 138054 | 0 | 16984 | X | |
| MR AL BACON | ||||||
| DIRECTOR OF FINANCE | 40.00 | 127710 | 0 | 12516 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 265764 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 29500 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HONIGMAN MILLER SCHWARTZ & COHN LLP | |||||
| 660 WOODWARD AVE | DETROIT | MI | 48226 | LEGAL | 171241 |
| PLANTE MORAN PLLC | |||||
| 27400 NORTHWESTERN HWY | SOUTHFIELD | MI | 48037 | AUDIT AND TAX | 110320 |
| AVALON LLC | |||||
| 13046 PARTRIDGE RUN | SHELBY TOWNSHIP | MI | 48135 | CONSULTING | 102147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 126579 | GovernmentGrants |
| All Other Contributions | 3921796 | AllOtherContributions |
| Total Contributions | 4048375 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MANAGEMENT FEES | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 75068 | TotalRevenueColumn |
| Unrelated Business Revenue | 75068 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 75068 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2920 | TotalRevenueColumn |
| Exclusion | $2,920 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 74532 | GrossSalesOfInventory |
| Cost Of Goods Sold | 137294 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -62762 | TotalRevenueColumn |
| Unrelated Business Revenue | -62762 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 19886 | TotalRevenueColumn |
| Exclusion | $19,886 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 19886 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4083487 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 12306 | UnrelatedBusinessRevenue |
| Exclusion | $22,806 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226693 | Total |
| Management And General | 226693 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1007101 | Total |
| Program Services | 911184 | ProgramServices |
| Management And General | 20480 | ManagementAndGeneral |
| Fundraising | 75437 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95065 | Total |
| Program Services | 86011 | ProgramServices |
| Management And General | 1933 | ManagementAndGeneral |
| Fundraising | 7121 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88719 | Total |
| Program Services | 80269 | ProgramServices |
| Management And General | 1804 | ManagementAndGeneral |
| Fundraising | 6646 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39583 | Total |
| Management And General | 39583 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109254 | Total |
| Management And General | 109254 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194565 | Total |
| Program Services | 7323 | ProgramServices |
| Management And General | 187242 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40909 | Total |
| Program Services | 24545 | ProgramServices |
| Fundraising | 16364 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25298 | Total |
| Program Services | 12649 | ProgramServices |
| Management And General | 12649 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28717 | Total |
| Program Services | 21538 | ProgramServices |
| Management And General | 7179 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4490 | Total |
| Program Services | 2245 | ProgramServices |
| Management And General | 2245 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 859905 | Total |
| Program Services | 644929 | ProgramServices |
| Management And General | 214976 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68262 | Total |
| Program Services | 68262 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7729 | Total |
| Management And General | 7729 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUBSCRIPTIONS | 15281 | 6112 | 7640 | 1529 |
| FEES FOR CHAMPIONS | 10100 | 10100 | ||
| REPAIRS & MAINTENANCE | 673 | 673 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2822344 | Total |
| Program Services | 1875840 | ProgramServices |
| Management And General | 839407 | ManagementAndGeneral |
| Fundraising | 107097 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 726019 | BOY |
| EOY | 767665 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3539110 | BOY |
| EOY | 3842897 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 163944 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 325068 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 180920 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161172 | BOY |
| EOY | 144148 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1166735 | BOY |
| EOY | 10652 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46876 | BOY |
| EOY | 20265 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5639912 | BOY |
| EOY | 4949571 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1251026 | BOY |
| EOY | 617766 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 153817 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15957 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1266983 | BOY |
| EOY | 771583 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3301258 | BOY |
| EOY | 2017859 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1071671 | BOY |
| EOY | 2160129 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4372929 | BOY |
| EOY | 4177988 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5639912 | BOY |
| EOY | 4949571 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1261143 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1456084 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1234182 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1853031 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1139213 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3381512 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4048375 | CurrentTaxYear |
| Total | 11656313 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 270346 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 64068 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 343463 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 281980 | CurrentTaxYearMinus1Year |
| Current Tax Year | 75068 | CurrentTaxYear |
| Total | 1034925 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1504528 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1917099 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1482676 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3663492 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4123443 | CurrentTaxYear |
| Total | 12691238 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 290000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1500000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 625882 | CurrentTaxYearMinus2Years |
| Current Tax Year | 1125882 | CurrentTaxYear |
| Total | 3541764 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 102347 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus1 Year | 72472 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32110 | CurrentTaxYear |
| Total | 206929 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 392347 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1500000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 625882 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 72472 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1157992 | CurrentTaxYear |
| Total | 3748693 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 8942545 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 410 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12446 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5909 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2920 | CurrentTaxYear |
| Total | 21685 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 100266 | CurrentTaxYearMinus1Year |
| Current Tax Year | 149600 | CurrentTaxYear |
| Total | 249866 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 410 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12446 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 106175 | CurrentTaxYearMinus1Year |
| Current Tax Year | 152520 | CurrentTaxYear |
| Total | 271551 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 731 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5173 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1067 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3716 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19884 | CurrentTaxYear |
| Total | 30571 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1505259 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1922682 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1496189 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3773383 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4295847 | CurrentTaxYear |
| Total | 12993360 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.68820 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.67870 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02090 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01350 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 237352 | OtherCostOrOtherBasis |
| Depreciation | 101203 | Depreciation |
| Book Value | 136149 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 87716 | OtherCostOrOtherBasis |
| Depreciation | 79717 | Depreciation |
| Book Value | 7999 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 144148 | TotalOfBookValueLandBuildings |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MR RANDALL CHARLTON | NamePerson |
| Base Compensation Filing Org | 138054 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 16984 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 155038 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | SCH. J, PART II THE COMPENSATION PAID FOR THE EXECUTIVE DIRECTOR, RANDALL CHARLTON, IS PAID BY WAYNE STATE UNIVERSITY. WAYNE STATE UNIVERSITY IS AN UNRELATED ENTITY AND IS REIMBURSED BY THIS ENTITY FOR HIS COMPENSATION. A TOTAL OF $86,467 WAS PAID FROM THIS ENTITY TO WAYNE STATE UNIVERSITY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | WAYNE STATE UNIVERSITY MAY APPOINT UP TO EIGHT MEMBERS. FURTHER, THE WAYNE STATE BOARD OF GOVERNORS MAY APPOINT UP TO TWO MEMBERS. GENERAL MOTORS, HENRY FORD HEALTH SYSTEM, AND THE CITY OF DETROIT MAY ALSO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. NO FORMAL BOARD REVIEW WAS OR WILL BE CONDUCTED. | |
| GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR PUBLIC INSPECTION. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,456,084. | FORM 990, PART XI, LINE 5: |
| THE AUDIT PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS. | FORM 990, PART XIII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHONE DEVELOPMENT LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201062523 | EIN |
| Primary Activity | LANDLORD | PrimaryActivity |
| Legal Domicile State | MI | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHONE HOLDING CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | -476058 | ShareOfTotalIncome |
| Share Of EOY Assets | 21898792 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 1 | GeneralOrManagingPartner |
| Percentage Ownership | 0.94000 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TECHONE HOLDING CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 440 BURROUGHS | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201062426 | EIN |
| Primary Activity | MASTER SUB-TENANT | PrimaryActivity |
| Legal Domicile State | MI | LegalDomicileState |
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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -1594529 | ShareOfTotalIncome |
| Share Of EOY Assets | 5973210 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| TECHONE HOLDING CORPORATION | ||
| P | 75068 | CASH TRANSACTION |
| TECHONE HOLDING CORPORATION | ||
| K | 135750 | ALLOCATED COST |