Worcester Polytechnic Institute
Worcester, MA · EIN 04-2121659 · Rank 1,255 by total revenue
Worcester polytechnic institute was founded in 1865 to create and convey (continued on schedule o) the latest science and engineering knowledge in ways that are most beneficial for society.form 990, part v, line 1a:the 7,781 reported on this line includes the following:1098-t's: 7,0111099 nec: 3971099 misc: 3681099-k's: 5
Money, Form 990 for tax year 2024
- Total revenue
- $529,428,994
- Total expenses
- $539,287,317
- Total assets
- $1,434,918,284
- Salary base (all salaries and wages)
- $167,905,086
- Salaries, other pay and benefits
- $209,761,386
- Employees
- 4,536
- Salary base per employee
- $37,016
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (36)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Jinliu Wang | PRESIDENT | Board, Officer | 40 | $1,122,817 |
| Michael Horan | TREASURER, EXECUTIVE VP & CFO | Officer | 40 | $644,367 |
| David Bunis | SEC. & GEN COUNSEL (THRU 01/2025) | Officer | 40 | $589,136 |
| Kyle Siegel | AVP, CHIEF OF STAFF & DEP. SECR. | Officer | 40 | $267,926 |
| Elizabeth Clapp | ASSOC TREAS. & CONTROLL (THRU 12/24) | Officer | 40 | $252,288 |
| William Fitzgerald | CHAIR & TRUSTEE | Board, Officer | 2 | None reported |
| Joyce Kline | VICE CHAIR & TRUSTEE | Board, Officer | 2 | None reported |
| Stephen Rusckowski | VICE CHAIR & TRUSTEE | Board, Officer | 2 | None reported |
| Megan Belmore | CONTROLLER & ASST TREAS (AS OF 4/25) | Officer | 40 | None reported |
| Philip Clay | VP STUDENT AFFAIRS | Key employee | 40 | $501,356 |
| Arthur Heinricher | INTERIM PROVOST (THRU 07/2024) | Key employee | 40 | $352,441 |
| Andrew Sears | PROVOST (AS OF 08/2024) | Key employee | 40 | $250,547 |
| Michael Aspinwall | TRUSTEE | Board | 2 | None reported |
| Lorraine Bolsinger | TRUSTEE | Board | 2 | None reported |
| Linwood Bradford | TRUSTEE | Board | 2 | None reported |
| Marni Hall | TRUSTEE | Board | 2 | None reported |
| Robert Hart | TRUSTEE | Board | 2 | None reported |
| Stuart Kazin | TRUSTEE | Board | 2 | None reported |
| David Lapre | TRUSTEE | Board | 2 | None reported |
| Carleen Maitland | TRUSTEE | Board | 2 | None reported |
| Erica Mason | TRUSTEE | Board | 2 | None reported |
| Maureen McCaffrey | TRUSTEE | Board | 2 | None reported |
| Neil McDonough | TRUSTEE | Board | 2 | None reported |
| Patricia Newcomer-Small | TRUSTEE | Board | 2 | None reported |
| George Oliver | TRUSTEE | Board | 2 | None reported |
| Natalia Pavlova | TRUSTEE (AS OF 11/2024) | Board | 2 | None reported |
| Elizabeth Phalen | TRUSTEE | Board | 2 | None reported |
| James F Polewaczyk | TRUSTEE (AS OF 11/2024) | Board | 2 | None reported |
| Mark Russell | TRUSTEE | Board | 2 | None reported |
| Elizabeth Schweinsberg | TRUSTEE | Board | 2 | None reported |
| Navjot Singh | TRUSTEE | Board | 2 | None reported |
| Chartsiri Sophonpanich | TRUSTEE (AS OF 05/2025) | Board | 2 | None reported |
| Joan Bolduc Szkutak | TRUSTEE | Board | 2 | None reported |
| Greg Tucker | TRUSTEE (AS OF 05/2025) | Board | 2 | None reported |
| Myles Walton | TRUSTEE | Board | 2 | None reported |
| Jennifer Wyse | TRUSTEE | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $5,574,631, which is 3.3% of the $167,905,086 salary base shared by 4,536 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jinliu Wang | PRESIDENT | Board, Officer | 40 | $995,961 | $0 | $126,856 | $1,122,817 |
| Michael Horan | TREASURER, EXECUTIVE VP & CFO | Officer | 40 | $589,073 | $0 | $55,294 | $644,367 |
| Lauren Turner | SVP TALENT & INCLUSION, CDO | Highly paid employee | 40 | $551,271 | $0 | $60,667 | $611,938 |
| David Bunis | SEC. & GEN COUNSEL (THRU 01/2025) | Officer | 40 | $552,517 | $0 | $36,619 | $589,136 |
| Donna Stock | VP UNIV ADV (THRU 02/2025) | Highly paid employee | 40 | $461,131 | $0 | $43,498 | $504,629 |
| Philip Clay | VP STUDENT AFFAIRS | Key employee | 40 | $456,071 | $0 | $45,285 | $501,356 |
| Bogdan Vernescu | VP & VICE PROV. RESEARCH & INNOV. | Highly paid employee | 40 | $378,752 | $0 | $47,366 | $426,118 |
| Jean King | DEAN OF ARTS & SCIENCES | Highly paid employee | 40 | $364,864 | $0 | $59,379 | $424,243 |
| Vijay Menta | PRES. INFO. TECH. & CIO | Highly paid employee | 40 | $353,745 | $0 | $43,841 | $397,586 |
| Arthur Heinricher | INTERIM PROVOST (THRU 07/2024) | Key employee | 40 | $309,939 | $0 | $42,502 | $352,441 |
Sources
- IRS e-file return 202611319349306066 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 04-2121659
- Organization website (as filed): www.wpi.edu