Michigan · Nonprofit
MICHIGAN TECH ENTERPRISE CORPORATION
MICHIGAN TECH ENTERPRISE CORPORATION (Michigan) receives grants from 1 organization whose IRS filings report $28,000 to it, the largest being THE RIGHT PLACE INC ($28,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $3.3M
- Funders on record
- 1
- Grants received
- $28k
- Net assets
- $5.6M
What Michigan Tech Enterprise Corporation does
Mission
To promote economic and industrial development in houghton county and in the state of michigan.
As stated on its FY2025 Form 990.
Program
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.
$1,407,916 spent$214,026 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,407,916.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.5M to $5.9M (+69%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 83% · 2018 78% · 2019 83% · 2020 86% · 2021 84% · 2022 85% · 2023 84% · 2024 85% · 2025 88%. Grants only. Government contracts and fees sit inside program revenue.
88% of MICHIGAN TECH ENTERPRISE CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Eric Waara
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of MICHIGAN TECH ENTERPRISE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of MICHIGAN TECH ENTERPRISE CORPORATION's grant income comes from Michigan funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MICHIGAN TECH ENTERPRISE CORPORATION runs a healthier operating margin than three-quarters of the 2,299 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Organizations like MICHIGAN TECH ENTERPRISE CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for MICHIGAN TECH ENTERPRISE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MICHIGAN TECH ENTERPRISE CORPORATION?
- MICHIGAN TECH ENTERPRISE CORPORATION (Michigan) receives grants from 1 organization whose IRS filings report $28,000 to it, the largest being THE RIGHT PLACE INC ($28,000). 0 of them have funded it in more than one year.
- How many funders does MICHIGAN TECH ENTERPRISE CORPORATION have?
- IRS filings report 1 organization giving $28,000 in grants to MICHIGAN TECH ENTERPRISE CORPORATION.
- Who is the largest funder of MICHIGAN TECH ENTERPRISE CORPORATION?
- THE RIGHT PLACE INC is the largest funder on record, with $28,000 in grants. The full list of funders is on this page.
- How can an organization like MICHIGAN TECH ENTERPRISE CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing