Nonprofit · EIN 30-0109013
MICHIGAN TECH ENTERPRISE CORPORATION
Tax-exempt · HOUGHTON, MI 49931
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,316,358 | $1,972,495 | $1,343,863 | $6,270,356 | $664,110 | $5,606,246 |
| June 30, 2024 | 990 | $2,154,560 | $1,431,852 | $722,708 | $5,912,043 | $1,902,024 | $4,010,019 |
| June 30, 2023 | 990 | $1,718,234 | $1,309,229 | $409,005 | $3,491,836 | $373,789 | $3,118,047 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,915,703
- of which government grants
- $2,915,703
- Program service revenue
- $214,026
- Investment income
- $173,011
- Other revenue
- $13,618
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $178,950
- Other salaries and wages
- $549,604
- Salaries, compensation and benefits (total)
- $967,769
- Professional fundraising fees
- $0
- Accounting fees
- $12,743
- Occupancy
- $154,013
- Travel
- $16,317
- Depreciation
- $1,495
- Program services (functional)
- $1,407,916
- Management and general (functional)
- $564,579
Balance sheet and other
- Total assets, start of year
- $5,912,043
- Total assets, end of year
- $6,270,356
- Total liabilities, end of year
- $664,110
- Net assets, end of year
- $5,606,246
- Land, buildings and equipment
- $1,495
- Publicly traded securities
- $2,979,046
- Net assets without donor restrictions
- $5,606,246
- Gross receipts
- $3,316,358
- Employees
- 5
- Year formed
- 2002
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID ROWE | CHIEF EXECUT Officer | 40 | $165,002 | $47,636 |
| ERIC WAARA | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARY BABCOCK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW BARNARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEFF RATCLIFFE | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE GERSIE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ALAN WEST | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LEE ROUSE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRENT PETERSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KEITH MEYERS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVE NYBERG | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID ROWE | CHIEF EXECUT Officer | 40 | $157,109 | $42,688 |
| ERIC WAARA | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID REED | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY BABCOCK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TOM MERZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FRED MOLNAR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JEFF RATCLIFFE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LEE ROUSE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ALAN WEST | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STEVE ZUTTER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID ROWE | CHIEF EXECUT Officer | 40 | $154,450 | $38,966 |
| ERIC WAARA | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID REED | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY BABCOCK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TOM MERZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FRED MOLNAR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JEFF RATCLIFFE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LEE ROUSE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ALAN WEST | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STEVE ZUTTER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 E LAKESHORE DR BOX 1, HOUGHTON, MI 49931-1864
- In care of
- % SCOTT MACINNES
- Principal officer (990 for 2024)
- DAVID ROWE, 600 E LAKESHORE DRIVE BOX 1, HOUGHTON, MI 49931
- Signed the 990
- DAVID ROWE, CHIEF EXECUTIVE
- Phone
- (906) 487-7000
- Website
- WWW.MTECSZ.COM
- Return prepared by
- ANDERSON TACKMAN & COMPANY PLC
Mission
TO PROMOTE ECONOMIC AND INDUSTRIAL DEVELOPMENT IN HOUGHTON COUNTY AND IN THE STATE OF MICHIGAN.
Program accomplishments
- TO EXPAND OPPORTUNITY AND KNOWLEDGE PERTAINING TO SCIENTIFIC AND TECHNOLOGICAL RESEARCH AND DEVELOPMENT AMONG PUBLIC AND PRIVATE ENTITIES. THE ENTITY CREATED 8 NEW COMPANIES, HOUSED 10 COMPANIES, CREATED 50 NEW JOBS AND RETAINED 286 JOBS IN FISCAL YEAR 2025.Expenses $1,407,916 · revenue $214,026
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0109013
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $6,270,356
- Income (IRS master file)
- $3,316,358
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,316,358 | $1,972,495 | $6,270,356 | IRS |
| 990 | June 2024 | $2,154,560 | $1,431,852 | $5,912,043 | XML |
| 990 | June 2023 | $1,718,234 | $1,309,229 | $3,491,836 | XML |
| 990 | June 2022 | $1,536,787 | $1,237,493 | $2,993,171 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0109013).
Questions about MICHIGAN TECH ENTERPRISE CORPORATION
- What is the EIN of MICHIGAN TECH ENTERPRISE CORPORATION?
- The employer identification number (EIN) of MICHIGAN TECH ENTERPRISE CORPORATION is 30-0109013.
- Is MICHIGAN TECH ENTERPRISE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MICHIGAN TECH ENTERPRISE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHIGAN TECH ENTERPRISE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MICHIGAN TECH ENTERPRISE CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHIGAN TECH ENTERPRISE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MICHIGAN TECH ENTERPRISE CORPORATION?
- The 990 for the year ended June 30, 2025 names DAVID ROWE.
- Who are the officers and directors of MICHIGAN TECH ENTERPRISE CORPORATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $165,002 (DAVID ROWE, CHIEF EXECUT).
- How much revenue does MICHIGAN TECH ENTERPRISE CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,316,358, expenses of $1,972,495 and total assets of $6,270,356 at year end.
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