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Organizations Community Improvement & Capacity Building Applied Research Institute Inc.

Applied Research Institute Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

PO Box 5097
Bloomington, Indiana 47407

Applied Research Institute Inc. (EIN: 82-1443757) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Applied Research Institute Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 69 total employees. Among the employees shown here, the average compensation is $351,142. The highest compensated employee at Applied Research Institute Inc. is David Roberts with fiscal year 2024 compensation of $502,209.

Revenue, expenses, and employee compensation

Revenue

$76,880,879

Expenses

$68,231,647

Employee compensation

$9,574,259
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Roberts
President and Chief Executive Officer
$502,209
$438,960 No related comp$63,249
William Kiser
Executive Vice President Science and Technology
$416,351
$354,514 No related comp$61,837
James Costa
Senior Vice President, Innovation and Semiconductor
$371,410
$314,836 No related comp$56,574
Andrew Kossack
Executive Vice President Partnerships and General
$357,436
$300,367 No related comp$57,069
Leslie Wolfe
Executive Vice President Finance and Operations - CFO
$353,156
$311,817 No related comp$41,339
Brett Hamilton
Senior Vice President, Microelectronics and at
$350,786
$315,340 No related comp$35,446
Elizabeth Pyne
Executive Vice President Innovation and Strategy
$324,354
$291,333 No related comp$33,021
Leslie Alexander
Vice President Energy Storage Technologies
$302,719
$250,000 No related comp$52,719
Patrick Holmes
Senior Vice President Intellectual Property
$290,559
$250,000 No related comp$40,559
Rosa Johnson
Director, Contracts
$242,438
$209,656 No related comp$32,782

Benchmark Employee Compensation

Non-Employee Board Members

Dr Pamela Whitten
Board Member, Finance/Audit Committee
John Thompson
Board Member, Finance/Audit Committee
Mung Chiang
Board Member
Sue Ellspermann
Board Member
Tina Peterson
Board Member, Finance/Audit Committee

Contractors

Cadence Design System Inc.
Electronic Design Automation Software
$2,043,000
Bdm Consulting LLC
Consulting
$1,794,288
Strongbox Commercial LLC
Construction and Development
$633,319
Ninetwelve Institute
Consulting
$592,785
Public Spend Forum
Consulting
$494,760

Mission Statement

ARI WAS FORMED TO CONDUCT RESEARCH AND FOSTER REGIONAL COLLABORATION AMONG INDIANA'S RESEARCH UNIVERSITIES; LOCAL, STATE, AND FEDERAL GOVERNMENT ENTITIES; AND THE PHILANTHROPIC AND CORPORATE SECTORS IN CONNECTION WITH CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PROGRAMS INVOLVING MUTLI-SPECTRAL SENSOR DATA FUSION AND SECURITY (CYBER), HIGH DENSITY ENERGY STORAGE AND MANAGEMENT, ADVANCED MATERIALS SCIENCE, AND MICROELECTRONICS TECHNOLOGY AND SECURITY, AS WELL AS OTHER TECHNOLOGICAL AND SCIENTIFIC AREAS THAT ALIGN WITH THE CAPABILITIES AND MISSION OF THE ORGANIZATION.

Revisions to this organization profile

November 12, 2025:
2024 Applied Research Institute Inc. 990 filed
November 13, 2024:
2023 Applied Research Institute Inc. 990 filed
November 13, 2023:
2022 Applied Research Institute Inc. 990 filed

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