39
Michigan Tech Enterprise Corporation
Community Development · Houghton, Michigan
600 E Lakeshore Drive Box 1, Houghton, MI 49931-1864
EIN: 300109013· Founded: Jul 2003· 23 years active· Filing Year: 2023
Annual Revenue
$1.7M
Total Expenses
$1.3M
Total Assets
$3.5M
Program Spending
17%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$159K
12.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$389K
Total Payroll
$548K
42% of total expenses
Where the Money Goes
17%
Programs: 17%
Payroll: 42%
Other overhead: 83%
Program Revenue$228K (13%)
Total Expenses$1.3M (76%)
Payroll$548K (42%)
Overhead (non-program)83%
Trust Score Breakdown
Program Spending Ratio
17% of expenses go to programs
Revenue & Stability
$1.7M annual revenue
Executive Compensation
$159K total officer comp (12.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.5M in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.