NonprofitsIllinois Institute Of Technology

Education

Illinois Institute Of Technology

CHICAGO, IL

Total revenue

$444.0M

Total expenses

$442.5M

Net assets

$430.9M

Grants received

$49.1M

413 grants

EIN

362170136

Tax year

2023

Mission

To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.

Programs

4 programs

RESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Our researchers are conducting research that matters in our everyday lives. We are contributing to advances in computation and data, health and wellness, and urban futures. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. Research awards received in fiscal year 2024 were $50.2 million. The University received awards in the areas of science, engineering, technology, mathematics, and food safety, all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 22 awards totaling $2.3 million and the Computer Science Department also received 36 awards for $4.1 million. The Biomedical Engineering Department received 16 awards for $1.7 million, Mechanical Material and Aerospace Engineering 45 awards totaling $7.2 million, Physics Department 35 awards totaling $3.8 million and the Department of Psychology 11 awards for $2.4 million. In addition, the National Center for Food Safety and Technology received 14 awards totaling $3.3 million and the Biology Department was granted 14 awards for $3.1 million.

Expenses: $55.7M

STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation, and other student services including the student finance center, admissions, and registration.

Expenses: $20.2M

AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.

Expenses: $19.3M

ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising, and counseling.

Expenses: $9.9M

Financials

FY 2023

Revenue

Contributions & grants$95.4M
Program service revenue$347.5M
Investment income$66K
Other revenue$1.0M
Total revenue$444.0M

Expenses

Grants paid$158.5M
Salaries & benefits$156.1M
Fundraising$10.3M
Other expenses$127.6M
Total expenses$442.5M
Total assets$724.5M
Net assets$430.9M

People

50 listed

NameRoleCompensation

Raj Echambadi

President

Board

$805K

38.8 hrs/wk

Ernest Iseminger

Vice President

Board

$528K

38.8 hrs/wk

Ophir Trigalo

Vice Provost, CIO

Board

$485K

38.8 hrs/wk

Kenneth Christensen

Provost, SVP Academic Affairs

Board

$431K

38.8 hrs/wk

Mallik Sundharam

VP Enroll Mgmt Stud Affrs

Board

$387K

38.8 hrs/wk

Michael Gosz

Vice President for Data Analytics

Board

$309K

38.8 hrs/wk

Edwin Watts

VP of Administration

Board

$308K

38.8 hrs/wk

Angela Manning-Hardimon

VP Finance /CFO

Board

$306K

38.8 hrs/wk

Beth Campbell

Interim VP of Advancement

Board

$263K

38.8 hrs/wk

Hilary Hudson Hosek

VP & Chief People Officer

Board

$259K

38.8 hrs/wk

Jess Goode

Vice President, Extn'l Affairs

Board

$244K

38.8 hrs/wk

Walter Hazlitt

General Counsel

Board

$227K

38.8 hrs/wk

James Gagnard

Trustee

Board

1 hrs/wk

James E Cowie

Trustee

Board

1 hrs/wk

Carson Block

Trustee

Board

1 hrs/wk

James Dugan

Trustee

Board

1 hrs/wk

Hazem Dawani

Trustee

Board

1 hrs/wk

Carole Browe Segal

Trustee

Board

1 hrs/wk

Amanda Lannert

Trustee

Board

1 hrs/wk

Harold Singleton III

Trustee

Board

1 hrs/wk

Frank Clark III

Trustee

Board

1 hrs/wk

Carl S Spetzler

Trustee

Board

1 hrs/wk

Eric G Vassilatos

Partial Year Trustee

Board

1 hrs/wk

Martin Cooper

Trustee

Board

1 hrs/wk

Eric C Larson

Partial Year Trustee

Board

1 hrs/wk

Bryan R Dunn

Partial Year Trustee

Board

1 hrs/wk

Alan W Wendorf

Trustee

Board

1 hrs/wk

Martin C Jischke

Trustee

Board

1 hrs/wk

Mark Wallace

Trustee

Board

1 hrs/wk

Efthimios J Stojka

Trustee

Board

1 hrs/wk

Mark P Sexton

Trustee

Board

1 hrs/wk

Mayari Pritzker

Trustee

Board

1 hrs/wk

Melvin Flowers

Trustee

Board

1 hrs/wk

Marc R Hannah

Trustee

Board

1 hrs/wk

Liad Wagman

Dean, Endow Chair, Prof of Econ.

Staff

$432K

38.8 hrs/wk

Mohammad Shahidehpour

Distinguished Bodine Professor

Staff

$424K

38.8 hrs/wk

Lance Fortnow

Professor and Dean COS

Staff

$385K

38.8 hrs/wk

Hamid Arastoopour

Director, WISER/Professor

Staff

$366K

38.8 hrs/wk

Anita Krug

Dean and Professor of Law

Staff

$363K

38.8 hrs/wk

M Krishna Erramilli

Interim Dean

Staff

$359K

38.8 hrs/wk

Jai Prakash

Professor

Staff

$358K

38.8 hrs/wk

Jennifer deWinter

Dean/Prof Lewis College Science

Staff

$358K

38.8 hrs/wk

Brian Schaneberg

Executive Director, IFSH

Staff

$337K

38.8 hrs/wk

Reed Kroloff

Dean-Architecture, Rowe Chair

Staff

$331K

38.8 hrs/wk

Xian-He Sun

Distinguished Professor

Staff

$328K

38.8 hrs/wk

Natacha DePaola

Prof of BioMedEng & Dir IDMET/FORMER KEY EMPLOYEE

Staff

$315K

38.8 hrs/wk

Alan Cramb

Distinguished Professor/FORMER KEY EMPLOYEE

Staff

$310K

38.8 hrs/wk

Harold Krent

Professor of Law/FORMER KEY EMPLOYEE

Staff

$304K

38.8 hrs/wk

Michelangelo Sabatino

Professor/FORMER KEY EMPLOYEE

Staff

$293K

38.8 hrs/wk

Anijo Mathew

Dean, Institute of Design

Staff

$292K

38.8 hrs/wk

Independent contractors

Compass Group USA Inc

Food Service Provider

$7.3M

GCA Services Group

Janitorial services

$4.3M

Ventas Inc

Real estate rental services

$2.5M

SOS Security LLC

Security services

$2.5M

Collegis Education

Technology services

$1.2M

Grants received

Showing 200 of 413

FromAmountPurposeYear
$836K
UNRESTRICTED GENERAL
2024
$250K
Payment to Presidential Chair of innovation
2024
$200K
TECHNOLOGY AND INNOVATION
2024
$178K
USDA TASC SPRAY GRANT-SUBRECIPIENT
2024
$121K
PARKINSON'S RESEARCH
2024
$115K
CHARITABLE PURPOSES
2024
$100K
Scheduled commitment for Vitale Presidential chair
2024
$78K
GENERAL PURPOSE
2024
$70K
GENERAL SUPPORT
2024
$55K
GENERAL SUPPORT
2024
$50K
GENERAL SUPPORT
2024
$50K
GENERAL PURPOSE
2024
$50K
General Operating Support
2024
$48K
Educational fellowship
2024
$45K
THE CHICAGO DIFFERENCE INITIATIVE
2024
$25K
SUPPORT CHARITABLE ORGANIZATIONS EXEMPT PURPOSE
2024
$20K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$20K
SCHOLARSHIPS
2024
$20K
RESEARCH
2024
$20K
CONTRIBUTION - GENERAL SUPPORT
2024
$18K
to prepare men and women for the newly instituted Illinois bar examination.
2024
$12K
GENERAL SUPPORT
2024
$10K
DONATION TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$9K
UNRESTRICTED GENERAL
2024
$8K
RANDOMIZATIONANDLEARNINGINNONLINEARALGEBRA
2024
$6K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$5K
For the Kaplan Institute for Innovation and Tech Entrepreneurship
2024
$4K
GENERAL FUND
2024
$2K
FOR UNRESTRICTED USE IN TAX EXEMPT PURPOSE
2024
$1K
SCHOLARSHIP
2024
$750
Education
2024
$200
MATCHING GIFTS
2024
$100
VOLUNTEER PROGRAM
2024
$25
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$1.2M
TO SUPPORT THE MISSION OF THE CHARITY
2023
$1.0M
SUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES
2023
$793K
Support of research activities
2023
$775K
UNRESTRICTED GENERAL
2023
$731K
For grant recipient's exempt purposes
2023
$553K
SUBAWARD
2023
$439K
PARKINSON'S RESEARCH
2023
$387K
General support for programs, operations and other charitable purposes
2023
$360K
LiV: Enabling Measurement in Place
2023
$281K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$205K
TO SUPPORT THE MISSION OF THE CHARITY
2023
$165K
CHARITABLE PURPOSES
2023
$100K
FOR USE BY ITS INSTITUTE OF DESIGN FOOD SYSTEMS ACTION LAB IN SUPPORT OF BUILDING MORE ACCESSIBLE, HUMAN-CENTERED, EQUITABLE, AND EFFECTIVE FOOD SYSTEMS IN THE U.S.
2023
$98K
EDUCATION/RESEARCH
2023
$95K
T1D RESEARCH
2023
$90K
Generation of human neural stem cells to model reprogramming human neurons
2023
$90K
Leveraging the exposome and patient sensor data to enhance personalized diabetes care across diverse communities
2023
$78K
GENERAL PURPOSE
2023
$70K
Benefit Greater Aurora Area
2023
$65K
SUBAWARD
2023
$60K
General Operating Support
2023
$51K
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
2023
$50K
FOR THE MARTHA EVENS FUND FOR ENHANCING COMPUTER SCIENCE IN HEALTHCARE (INFORMATICS) TRAINING
2023
$50K
GENERAL PURPOSE
2023
$50K
GENERAL SUPPORT
2023
$40K
CONTRIBUTION - GENERAL SUPPORT
2023
$38K
ILLINOIS TECH DEVUP SCHOLARS PROGRAM
2023
$27K
SYNTHESIZES NEW TYPES OF SEMICONDUCTOR CRYSTALS ON THE ISS THAT ARE NONTOXIC AND CAN BE GROWN AT A FASTER RATE THAN OTHER SEMICONDUCTOR MATERIALS.
2023
$25K
GENERAL OPERATING
2023
$25K
SCHOLARSHIPS
2023
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$18K
to prepare men and women for the newly instituted Illinois bar examination.
2023
$15K
Student Research Award
2023
$14K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$13K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2023
$12K
UNRESTRICTED CHARITABLE CONTRIBUTION
2023
$12K
GENERAL SUPPORT
2023
$10K
DONATION TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$10K
DONATION TO THE INSTITUTE FOR LAW AND WOKRPLACE
2023
$10K
GENERAL OPERATING SUPPORT
2023
$8K
RANDOMIZATIONANDLEARNINGINNONLINEARALGEBRA
2023
$8K
MATCHING GIFTS
2023
$7K
UNRESTRICTED GENERAL
2023
$6K
UNRESTRICTED GENERAL
2023
$6K
Scholarships for Jose Garcia ($730) and Luis Gonzalez Iii ($5,000)
2023
$6K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$5K
GENERAL
2023
$4K
Chicago-Kent College of Law, Rovner Scholarship
2023
$3K
AREA OF GREATEST NEED
2023
$2K
FOR UNRESTRICTED USE IN TAX EXEMPT PURPOSE
2023
$2K
SCHOLARSHIP FUND
2023
$1K
SCHOLARSHIP
2023
$1K
TO PROVIDE OPPORTUNITIES IN TECHNOLOGY RESEARCH.
2023
$1K
Education
2023
$500
OTHER CIVIC / COMMUNITY
2023
$500
OTHER CIVIC / COMMUNITY
2023
$500
GENERAL DONATION
2023
$100
MATCHING GIFTS
2023
$100
GENERAL SUPPORT
2023
$1.0M
SUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSES
2022
$1M
THE MCCORMICK CHICAGO SCHOLARS PROGRAM
2022
$706K
UNRESTRICTED GENERAL
2022
$699K
PARKINSON'S RESEARCH
2022
$594K
For grant recipient's exempt purposes
2022
$500K
PUBLIC CHARITY
2022
$325K
support for Mies Crown Hall Americas Prize (MCHAP), support of Institute of Design, Annual Board of Trustees for Giving Day, General Operating Support, support for College of Architecture: MCHAP, support for Institute of Design, support for John and Margaret Walden Scholarship, Chicago-Kent College of Law, support for Darsh Wasan Chair
2022
$321K
Subaward
2022
$201K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$200K
PROGRAM SUPPORT/RESEARCH - ONE & DONE
2022
$200K
TO SUPPORT THE MISSION OF THE CHARITY
2022
$130K
BENEFIT GREATER AURORA AREA
2022
$121K
Support of research activities
2022
$121K
Research
2022
$115K
CHARITABLE PURPOSES
2022
$95K
ARTIFICIAL PANCREAS
2022
$75K
GENERAL CHARITABLE PURPOSE
2022
$64K
SUBAWARD
2022
$60K
General Operating Support
2022
$50K
GENERAL SUPPORT
2022
$50K
GENERAL PURPOSE
2022
$50K
GENERAL SUPPORT
2022
$41K
GENERAL SUPPORT
2022
$40K
GENERAL CONTRIBUTION OF SUPPORT
2022
$26K
RESEARCH
2022
$25K
Grants from Donor Advised Funds - Operating Support
2022
$25K
GENERAL OPERATING
2022
$25K
GENERAL CHARITABLE PURPOSES
2022
$20K
funds for Stuart School of Business and the Institute of Design
2022
$18K
UNRESTRICTED SUPPORT OF THE ORGANIZATION'S EXEMPT PURPOSE
2022
$15K
EDUCATIONAL SCHOLARSHIP
2022
$15K
GENERAL UNRESTRICTED EXEMPT PURPOSE OF ORGANIZATION
2022
$12K
EDUCATION/RESEARCH SUBCONTRACTS
2022
$10K
DONATION TO THE INSTITUTE FOR LAW AND WOKRPLACE
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$10K
DONATION TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$9K
GENERAL SUPPORT
2022
$8K
RANDOMIZATION AND LEARNING IN NONLINEAR ALGEBRA
2022
$8K
BAR EXAM PROGRAM SUPPORT
2022
$6K
MALIN INSTITUTE MEMBERSHIP - ANNUAL LEVEL
2022
$5K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$4K
UNRESTRICTED GENERAL
2022
$4K
SCHOLARSHIPS
2022
$4K
Scholarships for Jose Garcia ($1,045) and Luis Gonzalez Iii ($2,500)
2022
$4K
Scholarships for Jose Garcia ($1,045) and Luis Gonzalez Iii ($2,500)
2022
$3K
AWARDED SCHOLARSHIP GRANTS
2022
$3K
EDUCATION
2022
$3K
AREA OF GREATEST NEED
2022
$2K
SCHOLARSHIP FUND
2022
$2K
FOR UNRESTRICTED USE IN TAX EXEMPT PURPOSE
2022
$1K
BENEFIT OF ORGANIZATION ACTIVITIES
2022
$1K
TO PROVIDE OPPORTUNITIES IN TECHNOLOGY RESEARCH.
2022
$1K
education
2022
$800
Matching Gift
2022
$250
MATCHING GIFTS GRANT
2022
$200
MIP PAYOUT FOR 02/07/2022
2022
$200
MATCHING GIFTS
2022
$200
HISTORICAL BUDGET 2016
2022
$150
In support of general operations
2022
$100
GENERAL SUPPORT
2022
$100
MATCHING GIFTS TO EDUCATION
2022

Funded by

$49.1M from 171 funders · 413 grants · 2017–2024

University Of Chicago

$6.1M · 7 grants · 2017–2023

Beatrice P Delany Char Tr Xxxxx7003

$4.7M · 4 grants · 2019–2022

Renee And Edward Ross Foundation

$4M · 1 grant · 2018

Fidelity Investments Charitable Gift Fund

$3.7M · 8 grants · 2017–2023

Lolita Sheldon Armour Art Vii Char Trust

$3.0M · 4 grants · 2020–2024

The Chicago Community Trust

$2.2M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$2.2M · 7 grants · 2017–2023

Tsao Family Foundation

$2.1M · 3 grants · 2022–2024

Details

EIN362170136
NTEE codeB430
Subsection03
Ruling date1941-03
Formed1940
Employees3840
Volunteers110
ILLINOIS INSTITUTE OF TECHNOLOGY — Mission, Financials & Grants Received | Grantivo