Nonprofits›Michigan Tech Enterprise Corporation
Community Improvement & Capacity Building
Michigan Tech Enterprise Corporation
HOUGHTON, MI
Total revenue
$2.2M
Total expenses
$1.4M
Net assets
$4.0M
Grants received
—
EIN
300109013
Tax year
2023
Mission
To promote economic and industrial development in houghton county and in the state of michigan.
Financials
FY 2023
Revenue
Contributions & grants$1.8M
Program service revenue$227K
Investment income$89K
Other revenue$5K
Total revenue$2.2M
Expenses
Grants paid—
Salaries & benefits$840K
Fundraising—
Other expenses$592K
Total expenses$1.4M
Total assets$5.9M
Net assets$4.0M
People
10 listed
NameRoleCompensation
DAVID ROWE
CHIEF EXECUT
Board
$157K
40 hrs/wk
DAVID REED
TREASURER
Board
—
1 hrs/wk
MARY BABCOCK
SECRETARY
Board
—
1 hrs/wk
TOM MERZ
VICE-CHAIR
Board
—
1 hrs/wk
FRED MOLNAR
BOARD MEMBER
Board
—
0.5 hrs/wk
ERIC WAARA
CHAIR
Board
—
1 hrs/wk
LEE ROUSE
BOARD MEMBER
Board
—
0.5 hrs/wk
ALAN WEST
BOARD MEMBER
Board
—
0.5 hrs/wk
STEVE ZUTTER
BOARD MEMBER
Board
—
0.5 hrs/wk
JEFF RATCLIFFE
BOARD MEMBER
Board
—
0.5 hrs/wk
Details
EIN300109013
NTEE codeS40
Subsection03
Ruling date2003-07
Formed2002
Employees5