The Trustees of the Stevens Institute of Technology
Hoboken, NJ · EIN 22-1487354 · Education · Rank 1,157 by total revenue
The organization's primary exempt purpose is to provide educational services, see schedule o.
Money, Form 990 for tax year 2024
- Total revenue
- $578,721,102
- Total expenses
- $533,969,060
- Total assets
- $1,140,670,011
- Salary base (all salaries and wages)
- $178,197,034
- Salaries, other pay and benefits
- $219,661,451
- Employees
- 4,330
- Salary base per employee
- $41,154
"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 (58)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Nariman Farvardin | PRESIDENT/TRUSTEE | Board, Officer | 55 | $1,296,964 |
| Louis J Mayer | VP OF FINANCE/TREASURER, CFO | Officer | 55 | $551,145 |
| Kathy L Schulz | VP & GENERAL COUNSEL/SECRETARY | Officer | 55 | $548,200 |
| Joseph E Cassidy | AVP FINANCE/ASSIST TREAS | Officer | 55 | $319,515 |
| Toniann Biondolillo | ASST SEC/EXEC ASST | Officer | 55 | $131,939 |
| Stephen T Boswell | CHAIRMAN/TRUSTEE | Board, Officer | 3 | None reported |
| Jianmin Qu | PROVOST & SVP FOR ACADEMIC AFFAIRS | Key employee | 55 | $673,001 |
| Gregory Prastacos | DEAN TO 8/31/24 & PROFESSOR | Key employee | 55 | $512,169 |
| Constantin Chassapis | SR. VICE PROVOST | Key employee | 55 | $506,669 |
| Edmund Synakowski | VICE PROVOST | Key employee | 55 | $492,823 |
| Jean Zu | DEAN | Key employee | 55 | $488,055 |
| Elisabeth McGrath | VP FOR UNIV RELATIONS | Key employee | 55 | $463,933 |
| Laura Rose | VP FOR DEV/ALUM | Key employee | 55 | $461,029 |
| Robert Maffia | VP FOR FACILITIES & CAMPUS OPS | Key employee | 55 | $433,170 |
| Sheraine Gilliam | CHRO, VP FOR HUMAN RESOURCES | Key employee | 55 | $393,819 |
| Cindy Chin | VICE PRESIDENT FOR ENROLLMENT MGMT | Key employee | 55 | $373,213 |
| Anthony Barrese | DIR CORE CURR & FAC DEV TO 8/31/24 | Key employee | 55 | $366,648 |
| Sara Klein | VICE PRESIDENT FOR STUDENT AFFAIRS | Key employee | 55 | $356,576 |
| Tejash Patel | VP, CIO TO 9/6/24 | Key employee | 55 | $319,581 |
| Arshad Saiyed | COLO & DEAN AS OF 4/15/24 | Key employee | 55 | $282,905 |
| Gert-Jan De Vreede | DEAN AS OF 9/1/24 | Key employee | 55 | $245,644 |
| Michael Parente | INTERIM VP AS OF 9/7/24 | Key employee | 55 | $238,072 |
| Dibyendu Dibs Sarkar | TRUSTEE/PROFESSOR | Board | 55 | $338,537 |
| George M Calhoun | TRUSTEE/PROFESSOR AS OF 5/20/25 | Board | 55 | $314,257 |
| R Elaine Henry | TRUSTEE/PROFESSOR TO 5/20/25 | Board | 55 | $300,171 |
| Nicholas Smith | TRUSTEE AS OF 5/20/25 | Board | 1 | $4,826 |
| Christopher J Frank | TRUSTEE/ADJUNCT | Board | 1 | $4,678 |
| Jared W Donnelly | TRUSTEE | Board | 1 | $983 |
| Saleel V Awsare | TRUSTEE | Board | 1 | None reported |
| Lawrence T Babbio Jr | TRUSTEE | Board | 1 | None reported |
| Marissa Brock | TRUSTEE | Board | 1 | None reported |
| Devon E Brooks | TRUSTEE | Board | 1 | None reported |
| Charles J Buscarino | TRUSTEE | Board | 1 | None reported |
| Michael Cahill | TRUSTEE AS OF 9/21/24 | Board | 1 | None reported |
| Mary Anne Cannon | TRUSTEE | Board | 1 | None reported |
| Karen S Carolonza | TRUSTEE TO 1/15/25 | Board | 1 | None reported |
| Pam P Cheng | TRUSTEE | Board | 1 | None reported |
| Thomas A Corcoran | TRUSTEE | Board | 1 | None reported |
| Philip P Crowley | TRUSTEE | Board | 1 | None reported |
| John R Dearborn | TRUSTEE TO 8/27/24 | Board | 1 | None reported |
| Joseph Del Guercio | TRUSTEE | Board | 1 | None reported |
| Joseph G Dipompeo | TRUSTEE | Board | 1 | None reported |
| Manuel S Escobedo | TRUSTEE | Board | 1 | None reported |
| Hermes O Gonzalez-Bello | TRUSTEE | Board | 1 | None reported |
| John Sean J Hanlon IV | TRUSTEE | Board | 1 | None reported |
| Emily R Kovelesky | TRUSTEE TO 5/20/25 | Board | 1 | None reported |
| A Michael Lipper | TRUSTEE | Board | 1 | None reported |
| Lisa M Mascolo | TRUSTEE TO 8/18/24 | Board | 1 | None reported |
| Thomas J Nathanson | TRUSTEE | Board | 1 | None reported |
| Brian J Nigito | TRUSTEE AS OF 3/25/25 | Board | 1 | None reported |
| Samuel P Reckford | TRUSTEE | Board | 1 | None reported |
| Virginia P Ruesterholz | TRUSTEE | Board | 1 | None reported |
| John A Schepisi | TRUSTEE | Board | 1 | None reported |
| Charles H Shotmeyer | TRUSTEE | Board | 1 | None reported |
| Louis A Steinberg | TRUSTEE | Board | 1 | None reported |
| J Scott Swensen | TRUSTEE | Board | 1 | None reported |
| Mehrab H Syed | TRUSTEE | Board | 1 | None reported |
| Paul Von Autenried | TRUSTEE | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $6,048,606, which is 3.4% of the $178,197,034 salary base shared by 4,330 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Nariman Farvardin | PRESIDENT/TRUSTEE | Board, Officer | 55 | $1,262,010 | $0 | $34,954 | $1,296,964 |
| Jianmin Qu | PROVOST & SVP FOR ACADEMIC AFFAIRS | Key employee | 55 | $615,862 | $0 | $57,139 | $673,001 |
| Louis J Mayer | VP OF FINANCE/TREASURER, CFO | Officer | 55 | $494,006 | $0 | $57,139 | $551,145 |
| Kathy L Schulz | VP & GENERAL COUNSEL/SECRETARY | Officer | 55 | $503,489 | $0 | $44,711 | $548,200 |
| Gregory Prastacos | DEAN TO 8/31/24 & PROFESSOR | Key employee | 55 | $447,981 | $0 | $64,188 | $512,169 |
| Constantin Chassapis | SR. VICE PROVOST | Key employee | 55 | $449,530 | $0 | $57,139 | $506,669 |
| David Zeng | VICE PROVOST | Highly paid employee | 55 | $439,051 | $0 | $54,994 | $494,045 |
| Edmund Synakowski | VICE PROVOST | Key employee | 55 | $435,684 | $0 | $57,139 | $492,823 |
| Jean Zu | DEAN | Key employee | 55 | $445,533 | $0 | $42,522 | $488,055 |
| Muhammad Hajj | DEPARTMENT CHAIR | Highly paid employee | 55 | $428,361 | $0 | $57,174 | $485,535 |
Sources
- IRS e-file return 202601019349301020 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 22-1487354
- Organization website (as filed): www.stevens.edu