NonprofitsIndiana Institute Of Technology Inc

Education

Indiana Institute Of Technology Inc

FORT WAYNE, IN

Total revenue

$101.7M

Total expenses

$109.6M

Net assets

$273.0M

Grants received

$5.3M

82 grants

EIN

350845258

Tax year

2023

Mission

Provides learners with career-focused, professional education in the areas of business, computer studies, engineering, criminal science, and general studies.

Financials

FY 2023

Revenue

Contributions & grants$5.1M
Program service revenue$92.3M
Investment income$4.3M
Other revenue$13K
Total revenue$101.7M

Expenses

Grants paid$40.6M
Salaries & benefits$32.6M
Fundraising$1.2M
Other expenses$36.3M
Total expenses$109.6M
Total assets$332.6M
Net assets$273.0M

People

29 listed

NameRoleCompensation

Karl W Einolf

President

Board

$533K

40 hrs/wk

Judy K Roy

Treasurer

Board

$260K

40 hrs/wk

Jack Phlipot

Associate Professor

Board

$115K

40 hrs/wk

Mark Dely

Trustee

Board

1 hrs/wk

Richard J Schul

Trustee

Board

1 hrs/wk

Thomas L Burns

Trustee

Board

1 hrs/wk

Wendy Kobler

Trustee

Board

1 hrs/wk

Whitney Bandemer

Trustee

Board

1 hrs/wk

William Daugherty

Trustee

Board

1 hrs/wk

D Geoffrey Paddock

Trustee

Board

1 hrs/wk

Clifford M Clark

Trustee

Board

1 hrs/wk

Cheri A Becker

Trustee

Board

1 hrs/wk

Arnold O Pierson

Trustee

Board

1 hrs/wk

David J Nash

Trustee

Board

1 hrs/wk

Anthony J Juliano

Trustee

Board

1 hrs/wk

Dena M Jacquay

Trustee

Board

1 hrs/wk

Gregg C Sengstack

Trustee

Board

1 hrs/wk

Jarrod R Stoller

Trustee

Board

1 hrs/wk

Jeffrey A Benzing

Trustee

Board

1 hrs/wk

John Kunze

Trustee

Board

1 hrs/wk

Steve A Herendeen

VP Enrollment Management

Staff

$212K

40 hrs/wk

Daniel Grigg

VP Insitutional Advancement

Staff

$211K

40 hrs/wk

Kathleen H Watland

VPAA

Staff

$193K

40 hrs/wk

Ying Shang

Dean of Engineering

Staff

$167K

40 hrs/wk

Daniel J Stoker

VP Student Affairs

Staff

$162K

40 hrs/wk

Lori A Fincannon

Dean College of Business

Staff

$153K

40 hrs/wk

Michelle R Musolf

Controller

Staff

$146K

40 hrs/wk

Anne M Gull

Dean of COAS

Staff

$141K

40 hrs/wk

Jeff S Leichty

VP/CIO

Staff

$139K

40 hrs/wk

Independent contractors

Asher Agency Inc

Advertising

$2.2M

EAB Global Inc

Advertising

$928K

My Footpath LLC

Student Recruiting

$472K

Forvis Mazars LLP

Audit/Consulting Services

$392K

Geebee Education Pvt Ltd

Student Recruiting

$326K

Grants received

Showing 82 of 82

FromAmountPurposeYear
$125K
ZOLLNER EXPANSION
2024
$8K
CHARITABLE SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$3K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$1K
SCHOLARSHIP JADON EARL STUDENT ID 2344604
2024
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$250K
COLLEGES & COMMUNITIES INITIATIVE
2023
$63K
ZOLLNER EXPANSION
2023
$46K
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
2023
$16K
GENERAL OPERATING
2023
$15K
GENERAL OPERATING
2023
$10K
GENERAL OPERATING
2023
$5K
GENERAL OPERATING FUNDS
2023
$4K
Program Support
2023
$2K
SCHOLARSHIP
2023
$1K
OTHER CIVIC / COMMUNITY
2023
$1K
General & Unrestricted
2023
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$1M
YOUTH PROGRMS ON IN COLLEGE CAMPUSES
2022
$907K
ZOLLNER ENGINEERING CENTER RENOVATIO
2022
$50K
NURSING PROGRAM SUPPORT
2022
$50K
Nexus Higher Education Grant
2022
$41K
YOUTH PROGRMS ON IN COLLEGE CAMPUSES
2022
$37K
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the grant/Contract
2022
$25K
IDEA ACTION PLAN
2022
$17K
GENERAL OPERATING
2022
$13K
To support general operations
2022
$8K
CHARITABLE SUPPORT
2022
$3K
Program Support
2022
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$160K
Grants to cover the cost of supplies, equipment, and teacher stipends
2021
$20K
GENERAL OPERATING
2021
$13K
GENERAL SUPPORT
2021
$11K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$10K
GENERAL OPERATING
2021
$7K
For recipient's exempt purpose
2021
$3K
Program Support
2021
$999K
CHARTING THE FUTURE INITIATIVE
2020
$416K
Model Development, Process Improvement, Data Resources and Intervention Development
2020
$25K
GENERAL OPERATING
2020
$15K
GENERAL OPERATING
2020
$8K
SCHOLARSHIPS
2020
$8K
B42 UNDERGRADUATE COLLEGE (4-YEAR)
2020
$7K
MATCHING GIFTS
2020
$6K
CHARITABLE SUPPORT
2020
$5K
GENERAL OPERATING
2020
$5K
SCHOLARSHIPS
2020
$3K
GENERAL OPERATING FUNDS
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$1K
MIP PAYOUT FOR 08/18/20
2020
$1K
EMPLOYEE MATCHING GIFTS
2020
$500K
SUPPORT FOR ADDITION OF THE CENTER FOR HEALTH SCIENCES & NURSING - EXPANSION & RENOVATION OF THE ZOLLNER ENGINEERING CENTER
2019
$43K
CHARITABLE SUPPORT
2019
$13K
GENERAL OPERATING
2019
$2K
Program Support
2019
$50K
ACADEMIC CENTER CAP CAMP
2018
$19K
OPERATING SUPPORT
2018
$7K
SCHOLARSHIPS FOR 2 STUDENTS
2017

Funded by

$5.3M from 39 funders · 82 grants · 2017–2024

Lilly Endowment Inc

$2.3M · 4 grants · 2020–2023

8020 Foundation Trust

$907K · 1 grant · 2022

University of Indianapolis

$658K · 4 grants · 2020–2023

Parkview Health System Inc

$550K · 2 grants · 2019–2022

English-Bonter-Mitchell Fdn

$238K · 3 grants · 2018–2024

Donor Advised Charitable Giving Inc

$113K · 4 grants · 2019–2023

Community Foundation Of Greater

$83K · 5 grants · 2018–2024

Kilbourne Eh Res Char Tr-Main

$74K · 5 grants · 2019–2023

Details

EIN350845258
NTEE codeB430
Subsection03
Ruling date1949-12
Formed1948
Employees1024
Volunteers50
INDIANA INSTITUTE OF TECHNOLOGY INC — Mission, Financials & Grants Received | Grantivo