Overview
What is Invest Michigan?
Invest Michigan is a nonprofit organization situated in Northville, Michigan, with a mission to foster technological innovation. Their primary objective is to establish a nurturing financial environment in Michigan, attracting and supporting start-up and emerging technology-oriented businesses. Through funding and investment facilitation programs, they aim to assist in the formation of new technology-based companies in the state. This initiative ultimately seeks to expand and diversify the local economy by increasing the number of high-tech companies in Michigan. The organization operates with a team of two dedicated individuals.
Official website here: www.investmichigan.org
Is Invest Michigan legitimate?
Invest Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest Michigan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $494,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.investmichigan.org
What is the mission statement of Invest Michigan?
Invest Michigan's mission is centered around fostering technological innovation. It aims to establish a conducive financing environment that attracts start-up and emerging technology-oriented businesses. The organization's primary goal is to enhance technological innovation by creating a nurturing environment. This nurturing environment is designed to assist in the formation of start-up and early-stage technology-based companies. By facilitating funding and investment, Invest Michigan aims to expand and diversify the local economy, increasing the number of high-tech companies within the state.
Official website here: www.investmichigan.org
Who is the CEO of Invest Michigan?
Charles Moret is the President of Invest Michigan.
Official website here: www.investmichigan.org
What is the revenue of Invest Michigan?
Invest Michigan's revenue in 2023 was $87,646.
Official website here: www.investmichigan.org
Who are the executives of Invest Michigan and what are their salaries?
The average compensation at Invest Michigan during 2023 was $247,204. There are 2 employees and 5 volunteers at Invest Michigan.
Here are 5 key members and their salaries:
- Compensation: $281,344
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $179,036
- Related: $0
- Other: $13,492
Official website here: www.investmichigan.org
Where can I find the form 990 for Invest Michigan?
Invest Michigan's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.investmichigan.org
Learn more at the official website: www.investmichigan.org
Mission Statement of Invest Michigan
Invest Michigan is committed to enhancing technological innovation by establishing a supportive financing environment. Their mission is to create a nurturing environment designed to attract start-up and emerging technology-oriented businesses in Michigan. This organization operates by identifying and facilitating funding and investment programs, with the ultimate goal of increasing the number of high-tech companies within the state. By doing so, Invest Michigan aims to expand and diversify the local economy, contributing to Michigan's overall economic growth.
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Impact
October, 2024
Invest Michigan enhances technological innovation by fostering a supportive financing environment tailored for start-ups and emerging technology-oriented businesses. By facilitating funding and investment opportunities, it plays a crucial role in the formation and growth of early-stage technology companies across the state. This commitment not only promotes the development of high-tech firms but also contributes to the diversification and expansion of the local economy. Through its programs, Invest Michigan actively attracts new businesses, driving job creation and innovation within the region.
This information is meant to be a general summary of Invest Michigan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $86,646
- Gross Receipts: $1,161,177
Assets and Liabilities:
- Total Assets: $16,125,245
- Total Liabilities: $46,024
- Net Assets: $16,079,221
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Organization Details
Founding Year
2013
Phone
(313) 405-4103Principal Officer
Charles Moret
Main Address
235 E MAIN ST 105B, NORTHVILLE, MI, 48167
Website
www.investmichigan.orgNTEE Category
Code: S31 - Community improvement
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