ILLINOIS INSTITUTE OF TECHNOLOGY
SUITE 1900 10 W 35TH STREET, CHICAGO, IL 60616 www.iit.edu

Total Revenue
$410,466,852
Total Expenses
$369,212,585
Net Assets
$419,061,463

Organizations Filed Purposes: TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.

INSTRUCTION SUPPORT:- Illinois Institute of Technology's (IIT) seven colleges allow students to discover new frontiers in engineering, computing, architecture, business, law, design, and science and human sciences. The school's nationally ranked undergraduate and graduate programs offer exceptional teaching that combines hands-on learning with training in entrepreneurship, design thinking, and technology. The University's emphasis on collaboration and interdisciplinary study and research will prepare students to work across traditional boundaries and to experience a professional future where success knows no limits. The University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle real-world problems, often on behalf of companies and nonprofits that sponsor the projects, using design-centered methodology and innovative thinking. All undergraduate students are required to take six credit hours of IPRO courses. Each IPRO course is a unique project with teams that include the faculty and enrolled students. The courses encourage intellectual inquiry with research on the project subject, analysis, design, and development. Such experiential learning reinforces traditional education methods, providing students a richer academic experience allowing them to gain knowledge that goes beyond the regular classroom experience. IIT's Grainger Maker Space and the Duchossois Idea Shop facility serves as a catalyst for innovation and is composed of state-of-the-art rapid prototyping labs that include 3D printers, CNC mills, electronics workstations and many hand fabrication tools; a Dell laptop lab; an iPad library; a computer lab for mobile app development and video editing; collaborative teaming areas; and flexible open spaces. Under the College of Architecture is the university's Design/Build Studio where students can experience firsthand the entire life cycle of a small-building project. The projects are entirely designed and built by architecture students at the Illinois Institute of Technology's College of Architecture. These projects are located all over the world. From Chicago, to Germany, to Ghana, to Indonesia, to Chile, and Puerto Rico, students have traveled near and far to perform their designs. Design Build focuses on inspiring and teaching through its architecture. Instruction supports over 50 academic majors, more than 75 minors, and a variety of specializations and is made up of over 6,300 students, including 3,121 undergraduate, 2,416 graduate, 788 law students, and 17 students in continuing education programs. The University offered and awarded 623 bachelor, 1,159 master, 222 J.D., and 84 Ph.D. degrees during the 2020 academic year.

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. 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 2020 were $32 million. The University received awards in the areas of science, engineering, technology, and mathematics all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 22 awards totaling $3.8 million and the Computer Science Department received 28 awards for $1.3 million. Also, the Biomedical Engineering Department received 21 awards for $3 million, the Biological Science Department 13 awards for $2.4 million, Mechanical Material and Aerospace Engineering 35 awards totaling $2.8 million, Physics Department 30 awards totaling $3.4 million and the Department of Psychology 8 awards for $1.2 million. In addition, the National Center for Food Safety and Technology received 21 awards totaling $5.7 million.

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

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alan CrambPresident39$862,033
Heather HarperAssociate Clinical Professor39$501,057
Peter KilpatrickProvost, SVP Academic Affairs39$458,177
Natacha DepaolaKaplan Dean of Engineering39$424,623
Mohammad ShahidehpourDistinguished Bodine Professor39$387,910
Harold KrentDean College of Law thru 7/31/19/Professor of Law39$373,742
Hamid ArastoopourDirector, WISER/Professor39$340,828
Robert BrackettVice President/Professor39$323,730
John BilsonDean39$310,200
Philip NashProfessor39$308,583
Darsh WasanVice President for International Affairs/Distinguised Professor,ChBE39$305,161
Jafar SaniieDept. Chair & Filmer Professor39$301,728
Michael HoranVP Finance, CFO, Treasurer39$301,388
Michelangelo SabatinoDean College of Architecture thru 7/31/19/Professor Architecture39$294,256
Michael GoszVP, Enrlmt/Vice Prov/AssocProf39$287,502
Edwin WattsVP Admnstrn/Facilities/Pub Safety39$286,923
Ophir TrigaloVice Provost, CIO39$281,215
Anthony D'AmatoVice Pres, Genr'l Cnsl & Secretary39$262,744
Russell BettsDistinguished Professor / Former officer38.8$258,926
Jess GoodeVice President, Extn'l Affairs39$227,146
Wiel AretsProfessor / Former key employee38.8$216,780
Betsy HughesVice Pres, Inst Advancement termed on 5/10/1939$207,503
Ernest IsemingerVice Pres, Inst Advancement effective 9/16/19.39$130,332
Williams C BartholomayPartial Year Trustee1$0
Victoria L NoonanTrustee1$0
Victor LoTrustee1$0
Victor A MorgensternTrustee1$0
Stephen C UrrutiaTrustee1$0
Sherrie B LittlejohnTrustee1$0
S Christopher GladwinTrustee1$0
Rosemarie MitchellTrustee1$0
Rohit PrasadTrustee1$0
Robert J WashlowTrustee1$0
Robert J PotterTrustee1$0
Robert D HoelTrustee1$0
Robert A CornogTrustee1$0
Richard Neil LevyTrustee1$0
Ralph WangerTrustee1$0
Priscilla Anne WalterTrustee1$0
Patrick J KellyTrustee1$0
Pallavi VermaTrustee1$0
Norbert O KaiserTrustee1$0
Mitchell Harris SaranowPartial Year Trustee1$0
Michael Steven SeedmanPartial Year Trustee1$0
Michael PalumboTrustee1$0
Michael J GraffTrustee1$0
Mayari PritzkerTrustee1$0
Martin CooperTrustee1$0
Martin C JischkeTrustee1$0
Mark P SextonTrustee1$0
Marc R HannahTrustee1$0
Madhavan K NayarPartial Year Trustee1$0
Kevin W WillerTrustee1$0
Kathleen BrandenburgTrustee1$0
Karen R KleinTrustee1$0
Kaarina KoskenalustaTrustee1$0
Jules F KnappPartial Year Trustee1$0
Judson B AlthoffTrustee1$0
John W RoweTrustee1$0
John P Calamos SrTrustee1$0
John Krenhbiel JrTrustee1$0
John G OlinTrustee1$0
John C WaldenTrustee1$0
Joel D KraussTrustee1$0
Jimmy A AkintondeTrustee1$0
Jenny NiemannTrustee1$0
Jeffrey A KarpTrustee1$0
Jamshyd N GodrejTrustee1$0
James Hill JrTrustee1$0
James E CowieTrustee1$0
James DuganTrustee1$0
Harold Singleton IiiTrustee1$0
Frank Clark IiiTrustee1$0
Eric G VassilatosTrustee1$0
Eric C LarsonTrustee1$0
Efthimios J StojkaTrustee1$0
Edward L KaplanTrustee1$0
Douglas M MoniesonTrustee1$0
David L CrowellTrustee1$0
David J VitaleTrustee1$0
David J MiniatPartial Year Trustee1$0
Craig J DuchossoisTrustee1$0
Carter H EckertTrustee1$0
Carole Browe SegalTrustee1$0
Carl S SpetzlerTrustee1$0
Bryan R DunnTrustee1$0
Bruce C LiimatainenTrustee1$0
Brian C WalkerTrustee1$0
Anita M NaglerTrustee1$0
Andrea L BerryTrustee1$0
Alan W WendorfTrustee1$0
Thomas E LanctotVice Chair1$0
Michael P GalvinChairman of the Board1$0
Ellen M JordanVice Chair1$0
A Steven CrownVice Chair1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110649349300541_public.xml