Nonprofit · EIN 38-1554664
MICHIGAN TECH FUND
Tax-exempt · HOUGHTON, MI 49931
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $26,790,678 | $20,533,502 | $6,257,176 | $255,178,493 | $18,545,108 | $236,633,385 |
| June 30, 2024 | 990 | $27,066,650 | $20,325,951 | $6,740,699 | $238,523,751 | $16,928,381 | $221,595,370 |
| June 30, 2023 | 990 | $20,705,355 | $14,627,996 | $6,077,359 | $222,223,366 | $16,302,749 | $205,920,617 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,050,970
- Program service revenue
- $0
- Investment income
- $8,678,306
- Net gain from sales of assets
- $4,502,264
- Other revenue
- $61,402
Expenses
- Grants and similar amounts paid
- $19,537,124
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $19,537,124
- Management and general (functional)
- $996,378
Balance sheet and other
- Total assets, start of year
- $238,523,751
- Total assets, end of year
- $255,178,493
- Total liabilities, end of year
- $18,545,108
- Net assets, end of year
- $236,633,385
- Publicly traded securities
- $139,949,242
- Net assets without donor restrictions
- $11,030,751
- Net assets with donor restrictions
- $225,602,634
- Gross receipts
- $57,407,875
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1965
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Richard Koubek | President Trustee or director, Officer | – | $0 | $621,586 | $45,785 |
| William Roberts | Vice President Trustee or director, Officer | – | $0 | $268,178 | $42,529 |
| Nicholas Stevens | Director Trustee or director | – | $0 | $244,881 | $44,999 |
| Julie Seppala | Treasurer Officer | – | $0 | $251,213 | $24,017 |
| Karla Aho | Secretary Officer | – | $0 | $151,025 | $35,516 |
| Brenda Ryan | Director Trustee or director | – | $0 | $0 | $0 |
| James Parm | Chair Trustee or director | – | $0 | $0 | $0 |
| Jeffrey Littmann | Director Trustee or director | – | $0 | $0 | $0 |
| Jon Jipping | Director Trustee or director | – | $0 | $0 | $0 |
| Karl LaPeer | Director Trustee or director | – | $0 | $0 | $0 |
| Stephen Worthy | Director Trustee or director | – | $0 | $0 | $0 |
| Steve Tomaszewski | Director Trustee or director | – | $0 | $0 | $0 |
| Carlos Rodriguez | Treasurer Officer | – | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Koubek | President Trustee or director, Officer | – | $0 |
| William Roberts | Vice President Trustee or director, Officer | – | $0 |
| Brenda Ryan | Director Trustee or director | – | $0 |
| James Parm | Director Trustee or director | – | $0 |
| Jeffrey Littmann | Director Trustee or director | – | $0 |
| Jon Jipping | Director Trustee or director | – | $0 |
| Karl LaPeer | Director Trustee or director | – | $0 |
| Michael Pulick | Chair Trustee or director | – | $0 |
| Nicolas Stevens | Director Trustee or director | – | $0 |
| Steve Tomaszewski | Director Trustee or director | – | $0 |
| Julie Seppala | Treasurer Officer | – | $0 |
| Karla Aho | Secretary Officer | – | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Koubek | President Trustee or director, Officer | – | $0 |
| William Roberts | Vice President Trustee or director, Officer | – | $0 |
| David Reed | Director Trustee or director | – | $0 |
| James Parm | Director Trustee or director | – | $0 |
| Jeffrey Littmann | Director Trustee or director | – | $0 |
| Jon Jipping | Director Trustee or director | – | $0 |
| Karl LaPeer | Director Trustee or director | – | $0 |
| Matthew Johnson | Director Trustee or director | – | $0 |
| Michael Pulick | Chair Trustee or director | – | $0 |
| Robert Tripp | Director Trustee or director | – | $0 |
| Julie Seppala | Treasurer Officer | – | $0 |
| Karla Aho | Secretary Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1400 TOWNSEND DR, HOUGHTON, MI 49931-1295
- In care of
- % MICHIGAN TECHNOLOGICAL UNIVERSITY
- Principal officer (990 for 2024)
- Carlos Rodriguez, 1400 Townsend Dr, Houghton, MI 499311295
- Signed the 990
- Carlos Rodriguez, Treasurer
- Phone
- (906) 487-1164
- Website
- www.mtu.edu/giving/
Mission
Receives, invests, and disburse contributions raised to support Michigan Technological University.
Program accomplishments
- The Michigan Tech Fund provides financial support to all Michigan Technological University's academic units and to its infrastructure.Expenses $13,714,817 · grants $13,714,817
- The Michigan Tech Fund awards approximately 1,000 scholarships and fellowships to Michigan Technological University.Expenses $5,822,307 · grants $5,822,307
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
- 38-1554664
- 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
- 1955
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $255,178,493
- Income (IRS master file)
- $57,407,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $26,790,678 | $20,533,502 | $255,178,493 | IRS |
| 990 | June 2024 | $27,066,650 | $20,325,951 | $238,523,751 | IRS |
| 990 | June 2023 | $20,705,355 | $14,627,996 | $222,223,366 | XML |
| 990 | June 2022 | $23,017,845 | $15,866,543 | $210,588,714 | IRS |
| 990 | June 2021 | – | – | – | 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 38-1554664).
Questions about MICHIGAN TECH FUND
- What is the EIN of MICHIGAN TECH FUND?
- The employer identification number (EIN) of MICHIGAN TECH FUND is 38-1554664.
- Is MICHIGAN TECH FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
- Are donations to MICHIGAN TECH FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHIGAN TECH FUND 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 FUND 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 FUND 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 FUND?
- The 990 for the year ended June 30, 2025 names Carlos Rodriguez.
- Who are the officers and directors of MICHIGAN TECH FUND?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does MICHIGAN TECH FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $26,790,678, expenses of $20,533,502 and total assets of $255,178,493 at year end.
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