NonprofitsNew Jersey Innovation Institute Inc

Science & Technology

New Jersey Innovation Institute Inc

NEWARK, NJ

Total revenue

$30.8M

Total expenses

$27.7M

Net assets

$60.0M

Grants received

$402K

5 grants

EIN

471042118

Tax year

2023

Mission

We are an innovative research org. Dedicated to revitalizing economic development within nj.

Financials

FY 2023

Revenue

Contributions & grants$23.9M
Program service revenue$3.5M
Investment income$3.3M
Other revenue$20K
Total revenue$30.8M

Expenses

Grants paid$258K
Salaries & benefits$12.6M
Fundraising
Other expenses$14.8M
Total expenses$27.7M
Total assets$75.1M
Net assets$60.0M

People

29 listed

NameRoleCompensation

JENNIFER D'ANGELO

CHIEF OPERATING OFFICER (AS OF 4/24)

Board

$363K

35 hrs/wk

TOM NEHILA

CHIEF FINANCIAL OFFICER(AS OF 11/23)

Board

$215K

35 hrs/wk

DR MICHAEL JOHNSON

PRESIDENT & CEO (AS OF 10/23)

Board

$73K

35 hrs/wk

THERESA EDELSTEIN

DIRECTOR

Board

1 hrs/wk

CRAIG GOTSMAN

DIRECTOR (THRU 8/23)

Board

1 hrs/wk

DEBBIE HART

DIRECTOR

Board

1 hrs/wk

JOSE LOZANO

DIRECTOR (THRU 11/23)

Board

1 hrs/wk

WESLEY MATTHEWS

DIRECTOR (AS OF 11/23)

Board

1 hrs/wk

PRABHAS MOGHE

DIRECTOR

Board

1 hrs/wk

DEAN PARANICAS

DIRECTOR

Board

1 hrs/wk

JENNIFER ROWLAND

DIRECTOR

Board

1 hrs/wk

AL DE SETA

DIRECTOR

Board

1 hrs/wk

DHIRAJ SHAH

DIRECTOR

Board

1 hrs/wk

MICHELE SIEKERKA

DIRECTOR

Board

1 hrs/wk

TOM WISNIEWSKI

DIRECTOR (THRU 12/23)

Board

1 hrs/wk

TEIK C LIM

INTERIM PRES (THRU 10/23)/DIRECTOR

Board

5 hrs/wk

ATAM DHAWAN

VICE PROVOST OF NJIT/DIRECTOR

Board

1 hrs/wk

HOLLY STERN

SECRETARY (NON VOTING)

Board

1 hrs/wk

JOHN PELESKO

PROVOST OF NJIT/DIR (AS OF 9/23)

Board

1 hrs/wk

ROBERT MEDINA

CHAIRMAN

Board

1 hrs/wk

DR KENNETH BLANK

DIRECTOR

Board

1 hrs/wk

ROBERT COHEN

DIRECTOR

Board

1 hrs/wk

NICHOLAS DENICHILO

DIRECTOR

Board

1 hrs/wk

MATTHEW MOLINE

CHIEF TECHNOLOGY OFFICER

Staff

$217K

35 hrs/wk

KATHLEEN NAASZ

VP STRATEGIC PARTNERSHIPS

Staff

$200K

35 hrs/wk

DARLENE CARR

VP HEALTHCARE DIVISION

Staff

$177K

35 hrs/wk

JOSEPH CAUVIN

VICE PRESIDENT OPERATIONS

Staff

$175K

35 hrs/wk

JOHN NORDSTROM

DIR, INTEGRATION HEALTHCARE TECH.

Staff

$175K

35 hrs/wk

DR JOEL BLOOM

FORMER CHAIRMAN

Staff

0

Independent contractors

VELATURA LLC

INFORMATION TECHNOLOGY

$1.7M

TEKSYSTEMS (ALLEGIS GROUP HOLDINGS INC

HEALTHCARE CONSULTING

$622K

FIRELY BV

HEALTHCARE CONSULTING

$424K

GLOBAL TEK WORKS

CONSULTING SERVICES

$409K

INTRAPRISE HEALTH LLC

HEALTHCARE CONSULTING

$215K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$75K
GRANT FOR COMMUNITY ENTREPRENEURS PROGRAM
2023
$5K
SCHOLARSHIP
2020
$65K
NEWARK AIRPORT CITY AEROTROPOLIS (NACA)
2018

Funded by

$402K from 5 funders · 5 grants · 2017–2023

The Pew Charitable Trusts

$181K · 1 grant · 2017

The Prudential Foundation

$65K · 1 grant · 2018

Vogeley T Memorial Trust

$5K · 1 grant · 2020

Details

EIN471042118
NTEE codeU05
Subsection03
Ruling date2015-01
Formed2014
Employees154
Volunteers13
NEW JERSEY INNOVATION INSTITUTE INC — Mission, Financials & Grants Received | Grantivo