Public Charity

INDUSTRIAL TECHNOLOGY INSTITUTE

INDUSTRIAL TECHNOLOGY INSTITUTE is a Public Charity headquartered in PLYMOUTH, MI. Financial data from the 2024 filing: $13.4M revenue, $12.8M expenses, $11.4M total assets. 3 publicly reported grants to this organization, totaling roughly $364K, appear in IRS filings.

EIN: 382388532 PLYMOUTH, MI Latest filing: 2024
Total Revenue$13.4M
Total Expenses$12.8M
Total Assets$11.4M
Grant Records3
Funding Total$364K
Filing Years2020–2024

Mission

TO ENHANCE THE GLOBAL COMPETITIVENESS OF MICHIGAN'S SMALL TO MEDIUM-SIZED MANUFACTURERS.

Where $100 goes at Industrial Technology Institute

How Industrial Technology Institute divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$42
Industrial Technology Institute (iti) doing business as michigan manufacturing technology center (mmtc), has secured grant funding from the u.S
52% of program spending
$20
Mmtc has secured grant funding from the state of michigan under the agency michigan strategic fund (msf) and the michigan economic development corporation (medc) program
25% of program spending
$19
Mmtc provides workforce development courses to employees who are employed in the manufacturing industry within the state of michigan
23% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CONTROLLER Alan Kowalewski
BOARD MEMBER Carla Bailo
MANAGER OPERATIONAL EXCELLENCE Chuck Raymond Werner
BOARD MEMBER - PART YEAR Dr Kristin Stehouwer Phd
BOARD MEMBER Ed Terris
BUSINESS LEADER ADVISOR George Singos

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$358,913 2 grants
Economic Development
$5,362 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $13.4M $12.8M $11.4M
2023 $12.0M $11.7M $11.3M
2022 $13.2M $12.6M $11.1M
2021 $15.3M $13.6M $9.2M
2020 $10.5M $10.4M $6.9M

Between 2020 and 2024, reported annual revenue grew from $10.5M to $13.4M (+28%), with total assets most recently reported at $11.4M.

Interactive year-over-year charts and full filing details available with membership.

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