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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Florida Institute of Technology Inc.

Florida Institute of Technology Inc.

Fiscal year ending 2019. Filed on January 28, 2020.

150 W University Blvd
Melbourne, Florida 32901

Florida Institute of Technology Inc. (EIN: 59-6046500) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2019 IRS Form 990 filing, Florida Institute of Technology Inc., a 501(c)(3) charitable organization, reported compensation for 20 out of 3,506 total employees. Among the employees shown here, the average compensation is $236,098. The highest compensated employee at Florida Institute of Technology Inc. is Dr T Dwayne McCay with fiscal year 2019 compensation of $646,913.

Revenue, expenses, and employee compensation

Revenue

$197,104,830

Expenses

$185,993,835

Employee compensation

$110,004,834
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr T Dwayne McCay
President
$646,913
$631,107 No related comp$15,806
Cathy Wood
Outgoing Senior Vice President
$321,217
$305,685 No related comp$15,532
Marco Carvalho
Dean
$276,374
$257,220 No related comp$19,154
Martin Glicksman
Professor
$267,331
$252,404 No related comp$14,927
Gary Grant
Senior Vice President
$234,497
$215,343 No related comp$19,154
Albino Campanini
Senior Vice President
$233,325
$214,137 No related comp$19,188
Eric Kledzik
Vice President
$230,950
$211,786 No related comp$19,164
Shirley Becker
Senior Vice President
$230,041
$221,537 No related comp$8,504
Abram Walton
Faculty
$229,196
$211,553 No related comp$17,643
Anthony J Catanese
President Emeritus
$226,250
$210,972 No related comp$15,278
Frank Kinney
Vp/Chief of
$224,178
$208,780 No related comp$15,398
Gary Hamme
Vice President
$213,940
$198,568 No related comp$15,372

Benchmark Employee Compensation

Non-Employee Board Members

Alan L Prestwood
Trustee
Andrew M Clark
Trustee
Ann E Dunwoody
Trustee
Bobbie Dyer
Trustee
Brian Crane
Trustee
Charles Clemente
Trustee
Dale A Dettmer
Trustee
Debbie Harvey
Trustee
Doug Flutie
Trustee
Edward W Scott Jr
Trustee
Elizabeth J Swann
Trustee
Erik E Joh
Trustee

Contractors

ABA Technologies Inc.
Programming
$5,574,453
Ellucian CO Lp
Software
$2,009,348
Nmacs Leasing
Airplane Purch
$365,600
Valcourt Exterior Bldg Svs
Bdg Restoration
$242,310
Berman Hopkins Wright & Laham
Audit/Tax
$212,782

Mission Statement

FLORIDA INSTITUTE OF TECHNOLOGY'S MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION TO A CULTURALLY DIVERSE STUDENT BODY IN ORDER TO PREPARE STUDENTS FOR ENTERING THE GLOBAL WORKFORCE, SEEKING HIGHER-EDUCATION OPPORTUNITIES, AND SERVING WITHIN THEIR COMMUNITIES. THE UNIVERSITY ALSO SEEKS TO EXPAND KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH AND TO SERVE THE DIVERSE ECONOMIC, CULTURAL, AND SOCIETAL NEEDS OF OUR LOCAL, STATE, NATIONAL AND INTERNATIONAL CONSTITUENCIES.

Revisions to this organization profile

June 12, 2024:
Amended (originally filed April 26, 2024)2023 Florida Institute of Technology Inc. 990 filed
May 2, 2023:
2022 Florida Institute of Technology Inc. 990 filed
May 12, 2022:
2021 Florida Institute of Technology Inc. 990 filed

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