Illinois Institute of Technology
Chicago, IL · EIN 36-2170136 · Education · Rank 1,482 by total revenue
To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.
Money, Form 990 for tax year 2024
- Total revenue
- $448,541,928
- Total expenses
- $458,259,919
- Total assets
- $833,343,232
- Salary base (all salaries and wages)
- $136,731,154
- Salaries, other pay and benefits
- $166,868,045
- Employees
- 3,798
- Salary base per employee
- $36,001
"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 (85)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Raj Echambadi | President | Board, Officer | 38.8 | $865,337 |
| Mallik Sundharam | VP Enroll Mgmt Stud Affrs | Officer | 38.8 | $478,443 |
| Edwin Watts | VP of Administration | Officer | 38.8 | $339,615 |
| Walter Hazlitt | General Counsel | Officer | 38.8 | $302,153 |
| Sejal Vaishnav | Chief Information Officer | Officer | 38.8 | $286,743 |
| Jess Goode | Vice President, Extn'l Affairs | Officer | 38.8 | $256,415 |
| Norma Scagnoli | Chief Learning and Innovation Officer | Officer | 38.8 | $252,346 |
| Amit Thomas | VP for Human Resources and Talent Management | Officer | 38.8 | $216,439 |
| Jeremy Fine | VP of Finance, CFO, and Treasurer | Officer | 38.8 | $155,232 |
| Michele Finn | Deputy Chief Financial Officer | Officer | 38.8 | $100,585 |
| Ellen M Jordan | Vice Chair | Board, Officer | 1 | None reported |
| Michael P Galvin | Chairman of the Board | Board, Officer | 1 | None reported |
| Thomas E Lanctot | Vice Chair | Board, Officer | 1 | None reported |
| Sean Campbell | Vice President of Advancement | Officer | 38.8 | None reported |
| Lance Fortnow | Professor and Dean COS | Key employee | 38.8 | $478,636 |
| Anita Krug | Dean and Professor of Law | Key employee | 38.8 | $448,373 |
| M Krishna Erramilli | Associate Dean and Professor | Key employee | 38.8 | $418,553 |
| Jennifer deWinter | Dean/Prof Lewis College Science | Key employee | 38.8 | $375,921 |
| Louis Cattafesta III | Dean of the Armor College of Engineering | Key employee | 38.8 | $366,662 |
| Reed Kroloff | Dean-Architecture, Rowe Chair | Key employee | 38.8 | $355,822 |
| Anijo Mathew | Dean, Institute of Design | Key employee | 38.8 | $339,442 |
| Adrian Nemcek | Trustee | Board | 1 | None reported |
| Alan W Wendorf | Trustee | Board | 1 | None reported |
| Amanda Lannert | Trustee | Board | 1 | None reported |
| Andrea L Berry | Trustee | Board | 1 | None reported |
| Anita M Nagler | Trustee | Board | 1 | None reported |
| Brian C Walker | Trustee | Board | 1 | None reported |
| Bruce C Liimatainen | Trustee | Board | 1 | None reported |
| Carl S Spetzler | Trustee | Board | 1 | None reported |
| Carole Browe Segal | Trustee | Board | 1 | None reported |
| Carson Block | Trustee (Through 10/17/2024) | Board | 1 | None reported |
| Cheryl Hyman | Trustee | Board | 1 | None reported |
| Craig J Duchossois | Trustee | Board | 1 | None reported |
| Daniel R Ephraim | Trustee | Board | 1 | None reported |
| David L Crowell | Trustee | Board | 1 | None reported |
| Douglas M Monieson | Trustee | Board | 1 | None reported |
| Ed Kaplan | Trustee | Board | 1 | None reported |
| Efthimios J Stojka | Trustee | Board | 1 | None reported |
| Eric Vassilatos | Trustee (Through 10/17/2024) | Board | 1 | None reported |
| Frank Clark III | Trustee | Board | 1 | None reported |
| Harold Singleton III | Trustee | Board | 1 | None reported |
| Hazem Dawani | Trustee | Board | 1 | None reported |
| Indira Saladi | Trustee (As of 10/17/24) | Board | 1 | None reported |
| James Dugan | Trustee | Board | 1 | None reported |
| James E Cowie | Trustee | Board | 1 | None reported |
| James Gagnard | Trustee | Board | 1 | None reported |
| Jamshyd N Godrej | Trustee | Board | 1 | None reported |
| Jenny Niemann | Trustee | Board | 1 | None reported |
| Jimmy A Akintonde | Trustee | Board | 1 | None reported |
| Joel D Krauss | Trustee | Board | 1 | None reported |
| John C Walden | Trustee | Board | 1 | None reported |
| John G Olin | Trustee | Board | 1 | None reported |
| John Krenhbiel Jr | Trustee | Board | 1 | None reported |
| John P Calamos Sr | Trustee | Board | 1 | None reported |
| Kaarina Koskenalusta | Trustee | Board | 1 | None reported |
| Karen Klein | Trustee (Through 2/28/2025) | Board | 1 | None reported |
| Kathleen Brandenburg | Trustee | Board | 1 | None reported |
| Marc R Hannah | Trustee | Board | 1 | None reported |
| Mark P Sexton | Trustee | Board | 1 | None reported |
| Mark Wallace | Trustee | Board | 1 | None reported |
| Martin C Jischke | Trustee | Board | 1 | None reported |
| Martin Cooper | Trustee | Board | 1 | None reported |
| Mayari Pritzker | Trustee | Board | 1 | None reported |
| Melvin Flowers | Trustee | Board | 1 | None reported |
| Michael J Graff | Trustee | Board | 1 | None reported |
| Michael Palumbo | Trustee | Board | 1 | None reported |
| Norbert O Kaiser | Trustee | Board | 1 | None reported |
| Patricia M Rios-Haniger | Trustee | Board | 1 | None reported |
| Patrick J Kelly | Trustee | Board | 1 | None reported |
| Peter M Kelly III | Trustee | Board | 1 | None reported |
| Ralph Wanger | Trustee | Board | 1 | None reported |
| Richard Neil Levy | Trustee | Board | 1 | None reported |
| Robert A Cornog | Trustee | Board | 1 | None reported |
| Robert D Hoel | Trustee | Board | 1 | None reported |
| Robert J Potter | Trustee | Board | 1 | None reported |
| Robert J Washlow | Trustee | Board | 1 | None reported |
| Robert Surrette | Trustee | Board | 1 | None reported |
| Rohit Prasad | Trustee | Board | 1 | None reported |
| S Christopher Gladwin | Trustee | Board | 1 | None reported |
| Stacey M Kacek | Trustee | Board | 1 | None reported |
| Ted Koenig | Trustee | Board | 1 | None reported |
| Thomas Roszak | Trustee | Board | 1 | None reported |
| Victor A Morgenstern | Trustee | Board | 1 | None reported |
| Victor Tsao | Trustee | Board | 1 | None reported |
| Victoria L Noonan | Trustee | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $4,862,991, which is 3.6% of the $136,731,154 salary base shared by 3,798 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Raj Echambadi | President | Board, Officer | 38.8 | $803,978 | $0 | $61,359 | $865,337 |
| Kenneth Christensen | Provost, SVP Academic Affairs | Highly paid employee | 38.8 | $485,098 | $0 | $57,984 | $543,082 |
| Lance Fortnow | Professor and Dean COS | Key employee | 38.8 | $434,839 | $0 | $43,797 | $478,636 |
| Mallik Sundharam | VP Enroll Mgmt Stud Affrs | Officer | 38.8 | $427,000 | $0 | $51,443 | $478,443 |
| Mohammad Shahidehpour | Distinguished Bodine Professor | Highly paid employee | 38.8 | $427,878 | $0 | $30,774 | $458,652 |
| Anita Krug | Dean and Professor of Law | Key employee | 38.8 | $410,198 | $0 | $38,175 | $448,373 |
| Hamid Arastoopour | Director, WISER/Professor | Highly paid employee | 38.8 | $379,543 | $0 | $39,540 | $419,083 |
| M Krishna Erramilli | Associate Dean and Professor | Key employee | 38.8 | $373,347 | $0 | $45,206 | $418,553 |
| Siva Balasubramanian | Harold L. Stuart Endowed Chair | Highly paid employee | 38.8 | $361,830 | $0 | $15,081 | $376,911 |
| Jennifer deWinter | Dean/Prof Lewis College Science | Key employee | 38.8 | $355,611 | $0 | $20,310 | $375,921 |
Sources
- IRS e-file return 202641049349301904 (Form 990, period ending 2025-05-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-2170136
- Organization website (as filed): www.iit.edu