New York Institute of Technology
Old Westbury, NY · EIN 11-1788788 · Education · Rank 1,712 by total revenue
We are committed to educating the next generation of leaders and inspiring innovation.
Money, Form 990 for tax year 2024
- Total revenue
- $381,995,828
- Total expenses
- $369,691,908
- Total assets
- $588,419,128
- Salary base (all salaries and wages)
- $130,894,886
- Salaries, other pay and benefits
- $171,027,562
- Employees
- 2,754
- Salary base per employee
- $47,529
"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 (29)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Dr Henry Foley | PRESIDENT (THRU 06/30/2025) | Board, Officer | 60 | $1,586,183 |
| Catherine Flickinger | VP HR, GEN. COUNSEL & SECRETARY | Officer | 40 | $554,826 |
| Barbara J Holahan | VP FIN. AFFAIRS, CFO/TREASURER | Officer | 40 | $510,082 |
| Eileen Valerio | CONTROLLER & ASSISTANT TREASURER | Officer | 40 | $287,859 |
| Peter J Romano | CHAIRPERSON | Board, Officer | 5 | None reported |
| Dan Ferrara | VICE CHAIR | Board, Officer | 5 | None reported |
| Michael J Merlo | VICE CHAIR | Board, Officer | 5 | None reported |
| Jerry Balentine | PROVOST & EXECUTIVE VICE PRESIDENT | Key employee | 40 | $849,490 |
| Nicole Wadsworth | DEAN, COLLEGE OF OSTEOPATHIC MED. | Key employee | 40 | $554,433 |
| Joseph Posillico | VP FOR ENROLL MGMT/STRATEGIC COMM. | Key employee | 40 | $487,803 |
| Babak Dastgheib-Beheshti | DEAN ENGINEERING SCHOOL | Key employee | 40 | $450,095 |
| Donald Booth | VP, CAPITAL PLANNING & FACILIITES | Key employee | 40 | $375,321 |
| Catherine Allen | TRUSTEE | Board | 5 | None reported |
| Andrew Berner | TRUSTEE | Board | 5 | None reported |
| Humayun Chaudhry | TRUSTEE (AS OF 03/2025) | Board | 5 | None reported |
| Domenick Chieco | TRUSTEE | Board | 5 | None reported |
| Peter Ferentinos | TRUSTEE | Board | 5 | None reported |
| Angela Iannacci | TRUSTEE (AS OF 03/2025) | Board | 5 | None reported |
| Henry Iervolino | TRUSTEE | Board | 5 | None reported |
| Santhosh Keshavan | TRUSTEE | Board | 5 | None reported |
| John Keville | TRUSTEE | Board | 5 | None reported |
| Thomas Van Laan | TRUSTEE | Board | 5 | None reported |
| Ted Moudis | TRUSTEE | Board | 5 | None reported |
| Patrick O'Shaughnessy | TRUSTEE | Board | 5 | None reported |
| Monte N Redman | TRUSTEE | Board | 5 | None reported |
| Deborah Verderame | TRUSTEE (AS OF 03/2025) | Board | 5 | None reported |
| Deborah Vogel | TRUSTEE | Board | 5 | None reported |
| Eli Wachtel | TRUSTEE (THRU 08/2024) | Board | 5 | None reported |
| Robert A Wild ESQ | TRUSTEE | Board | 5 | None reported |
Top 10 paid people listed
These 10 people received $6,407,248, which is 4.9% of the $130,894,886 salary base shared by 2,754 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Dr Henry Foley | PRESIDENT (THRU 06/30/2025) | Board, Officer | 60 | $1,534,600 | $0 | $51,583 | $1,586,183 |
| Jerry Balentine | PROVOST & EXECUTIVE VICE PRESIDENT | Key employee | 40 | $771,043 | $0 | $78,447 | $849,490 |
| Catherine Flickinger | VP HR, GEN. COUNSEL & SECRETARY | Officer | 40 | $492,893 | $0 | $61,933 | $554,826 |
| Nicole Wadsworth | DEAN, COLLEGE OF OSTEOPATHIC MED. | Key employee | 40 | $486,336 | $0 | $68,097 | $554,433 |
| Shane Speights | SITE DEAN, COLLEGE OF OSTEOPATHIC MED. | Highly paid employee | 40 | $444,202 | $0 | $75,719 | $519,921 |
| Barbara J Holahan | VP FIN. AFFAIRS, CFO/TREASURER | Officer | 40 | $448,834 | $0 | $61,248 | $510,082 |
| Joseph Posillico | VP FOR ENROLL MGMT/STRATEGIC COMM. | Key employee | 40 | $424,186 | $0 | $63,617 | $487,803 |
| Pennie Turgeon | VP OF IT & CIO | Highly paid employee | 40 | $438,247 | $0 | $26,231 | $464,478 |
| Babak Dastgheib-Beheshti | DEAN ENGINEERING SCHOOL | Key employee | 40 | $391,290 | $0 | $58,805 | $450,095 |
| Anthony Gerdes | PROFESSOR | Highly paid employee | 40 | $367,184 | $0 | $62,753 | $429,937 |
Sources
- IRS e-file return 202631009349300033 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 11-1788788
- Organization website (as filed): www.nyit.edu