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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 Franklin W Olin College of Engineering Inc.

Franklin W Olin College of Engineering Inc.

Fiscal year ending 2020. Filed on April 29, 2021.

1000 Olin Way
12th Floor
Needham, Massachusetts 02492

Franklin W Olin College of Engineering Inc. (EIN: 06-1519057) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Franklin W Olin College of Engineering Inc., a 501(c)(3) charitable organization, reported compensation for 18 out of 398 total employees. Among the employees shown here, the average compensation is $241,826. The highest compensated employee at Franklin W Olin College of Engineering Inc. is Richard K Miller with fiscal year 2020 compensation of $590,458.

Revenue, expenses, and employee compensation

Revenue

$37,180,553

Expenses

$55,527,397

Employee compensation

$19,737,608
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard K Miller
Trustee(Ex-Officio)/President
$590,458
$494,828 No related comp$95,630
Vincent Manno
Provost Emeritus
$369,237
$347,573 No related comp$21,664
Patricia Gallagher
Vice President for Fin Affairs/Cfo/Treasurer
$288,143
$244,257 No related comp$43,886
Mark Somerville
Interim Provost and Dean of Faculty
$273,898
$229,554 No related comp$44,344
Rae-Anne Butera
Dean of Student Affairs
$262,963
$174,624 No related comp$88,339
Stephen P Hannabury
Executive Vice President Emeritus
$253,039
$214,941 No related comp$38,098
Jessica Townsend
Int Academic Vice President for Ext Engagement
$232,588
$196,442 No related comp$36,146
Beth Kramer
Vice President, Advancement
$224,812
$209,596 No related comp$15,216
Jeremy Goodman
Vice President for Admin Services and Innovation
$220,824
$183,269 No related comp$37,555
Emily Roper-Doten
Dean of Admission and Financial Aid
$219,083
$170,895 No related comp$48,188
Robert Martello
Professor and Associate Dean
$208,223
$173,443 No related comp$34,780
Jonathan Stolk
Professor
$206,421
$173,172 No related comp$33,249

Benchmark Employee Compensation

Non-Employee Board Members

Beverly Wyse
Trustee
Bruce Herring
Trustee (Elected December 2019)
Chee Chew
Trustee
Douglas G Rauch
Trustee (Until October 2019)
George Milne Jr
Vice Chair
Greg Marra
Trustee
James Plummer
Trustee
Jeannie Diefenderfer
Trustee (Elected October 2019)
Kenneth R Stokes
Chair
Lawrence W Milas
Trustee
Lee Edwards
Trustee (Elected May 2020)
Lynn Pasquerella
Trustee (Elected May 2020)

Contractors

Summit Rock Advisors
Investment Advisors and Management Fees
$2,414,418
Aramark Facilities Services
Facilities Management
$2,039,387
Rebecca's Commissary Inc
Dining
$830,607
Babson College
Shared Administration
$579,027
Holland & Knight LLP
Legal
$232,690

Mission Statement

OLIN COLLEGE PREPARES STUDENTS TO BECOME EXEMPLARY ENGINEERING INNOVATORS WHO RECOGNIZE NEEDS, DESIGN SOLUTIONS, AND ENGAGE IN CREATIVE ENTERPRISES FOR THE GOOD OF THE WORLD. OLIN IS DEDICATED TO CONTINUAL DISCOVERY AND DEVELOPMENT OF EFFECTIVE LEARNING APPROACHES AND ENVIRONMENTS, AND TO CO-DEVELOPING EDUCATIONAL TRANSFORMATION WITH COLLABORATORS AROUND THE GLOBE.

Revisions to this organization profile

May 8, 2025:
2024 Franklin W Olin College of Engineering Inc. 990 filed
May 1, 2024:
2023 Franklin W Olin College of Engineering Inc. 990 filed
April 21, 2023:
2022 Franklin W Olin College of Engineering Inc. 990 filed

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