Nonprofits›Morrison Institute Of Technology
Education
Morrison Institute Of Technology
MORRISON, IL
Total revenue
$2.8M
Total expenses
$2.0M
Net assets
$2.8M
Grants received
$71K
3 grants
EIN
362919340
Tax year
2024
Mission
To provide an education and related services to all enrolled students.
Programs
1 program
Provide student housing to all on-campus students.
Expenses: $91K
Financials
FY 2024
Revenue
Contributions & grants$1.3M
Program service revenue$1.4M
Investment income$6K
Other revenue$40K
Total revenue$2.8M
Expenses
Grants paid$296K
Salaries & benefits$994K
Fundraising—
Other expenses$758K
Total expenses$2.0M
Total assets$3.9M
Net assets$2.8M
People
5 listed
NameRoleCompensation
KEN GOOLEY
DIRECTOR
Board
—
0.5 hrs/wk
MIKE GUNDERSON
CHAIRMAN
Board
—
0.5 hrs/wk
DEANNA HERMES
DIRECTOR
Board
—
0.5 hrs/wk
DAVE WEBER
DIRECTOR
Board
—
0.5 hrs/wk
CHRIS SCOTT
SCHOOL PRESI
Staff
$124K
40 hrs/wk
Grants received
Showing 3 of 3
FromAmountPurposeYear
Funded by
$71K from 2 funders · 3 grants · 2017–2020
Timken Foundation Of Canton
$70K · 2 grants · 2017–2019
William & Beverly Burkardt Family
$500 · 1 grant · 2020
Details
EIN362919340
NTEE codeB41Z
Subsection03
Ruling date1978-04
Formed1977
Employees16