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EIN 46-3865120

Invest Michigan

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Northville
State
Michigan
Year formed
2013
Most recent tax filings
2023-03-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Invest Michigan enhances technological innovation by creating a supportive and nurturing environment that attracts start-up and emerging technology-oriented businesses in Michigan. The organization focuses on funding and investment facilitation programs to identify, direct, and operate such businesses.
Total revenues
$87,646
2023
Total expenses
$586,605
2023
Total assets
$16,125,245
2023
Num. employees
2
2023

Program areas at Invest Michigan

Organization's mission is to enhance technologicial innovation by creating a nurturing environment designed to attract start-up and emerging technology-oriented businesses in Michigan. Funding and investment facilitation program to identify, direct and operate programs associated with assisting in formation of start-up and early stage technology based companies in Michigan. Expanding and diversifying the local economy by increasing the number of high-tech companies in the state.

Grants made by Invest Michigan

GranteeGrant descriptionAmount
Ann Arbor SparkSmart Zones - Screening & Support of Pre-Seed Transactions$5,000
Southwest Michigan First Corporation No 2Smart Zones - Screening & Support of Pre-Seed Transactions$5,000
Grand Valley State UniversitySmart Zones - Screening & Support of Pre-Seed Transactions$5,000

Personnel at Invest Michigan

NameTitleCompensation
Charlie MoretPresident, CEO, and Chairman
Charles MoretPresident$281,344
Matthew TurnerSecretary$0
Jody VanderwelTreasurer$0
James TenzilloVice President$179,036
...and 3 more key personnel

Financials for Invest Michigan

RevenuesFYE 03/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$68,181
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$18,465
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,000
Total revenues$87,646

Form 990s for Invest Michigan

Fiscal year endingDate received by IRSFormPDF link
2023-032023-09-28990View PDF
2022-032022-11-02990View PDF
2021-032021-06-25990View PDF
2020-032021-02-19990View PDF
2019-032019-10-04990View PDF
...and 4 more Form 990s
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 4, 2023
Updated personnel
Identified 1 new personnel
June 7, 2023
Updated personnel
Identified 3 new personnel
May 20, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
235 E Main St 105b
Northville, MI 48167
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Website URL
investmichigan.org/ 
Phone
(313) 405-4103
IRS details
EIN
46-3865120
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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