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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 Indiana Institute of Technology Inc.

Indiana Institute of Technology Inc.

Fiscal year ending 2024. Filed on February 4, 2025.

1600 East Washington Blvd
5th Floor
Fort Wayne, Indiana 46803

Indiana Institute of Technology Inc. (EIN: 35-0845258), also known as Indiana Tech, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Indiana Institute of Technology Inc., a 501(c)(3) charitable organization, reported compensation for 12 out of 1,024 total employees. Among the employees shown here, the average compensation is $250,941. The highest compensated employee at Indiana Institute of Technology Inc. is Karl W Einolf with fiscal year 2024 compensation of $676,728.

Revenue, expenses, and employee compensation

Revenue

$101,696,525

Expenses

$109,583,110

Employee compensation

$32,580,571
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karl W Einolf
President
$676,728
$533,390 No related comp$143,338
Judy K Roy
Treasurer
$308,902
$260,452 No related comp$48,450
Steve A Herendeen
Vice President, Enrollment Management
$272,979
$212,410 No related comp$60,569
Daniel Grigg
Vice President Insitutional Advancement
$253,597
$210,918 No related comp$42,679
Kathleen H Watland
VPAA
$233,264
$193,215 No related comp$40,049
Ying Shang
Dean of Engineering
$209,156
$166,756 No related comp$42,400
Daniel J Stoker
Vice President, Student Affairs
$190,537
$162,122 No related comp$28,415
Lori A Fincannon
Dean College of Business
$188,035
$152,986 No related comp$35,049
Michelle R Musolf
Controller
$178,716
$146,136 No related comp$32,580
Anne M Gull
Dean of COAS
$178,593
$140,504 No related comp$38,089
Jeff S Leichty
Vice President and Chief Information Officer
$177,035
$138,731 No related comp$38,304
Jack Phlipot
Associate Professor
$143,755
$114,951 No related comp$28,804

Benchmark Employee Compensation

Non-Employee Board Members

Anthony J Juliano
Trustee
Arnold O Pierson
Trustee
Cheri A Becker
Trustee
Clifford M Clark
Trustee
D Geoffrey Paddock
Trustee
David J Nash
Trustee
Dena M Jacquay
Trustee
Gregg C Sengstack
Trustee
Jarrod R Stoller
Trustee
Jeffrey A Benzing
Trustee
John Kunze
Trustee
Mark Dely
Trustee

Contractors

Asher Agency Inc
Advertising
$2,196,201
Eab Global
Advertising
$927,650
My Footpath LLC
Student Recruiting
$472,309
Forvis Mazars LLP
Audit/Consulting
$392,066
Geebee Education Pvt Ltd
Student Recruiting
$325,500

Mission Statement

INDIANA TECH IS A PRIVATE, INDEPENDENT, AND NON-DENOMINATIONAL UNIVERSITY. STUDENTS ARE PREPARED FOR ACTIVE PARTICIPATION IN THE COMPLEX, GLOBAL SOCIETY OF THE 21ST CENTURY AND ARE MOTIVATED TOWARD A LIFE OF SIGNIFICANCE AND WORTH. ABOUT 1,300 STUDENTS ARE ENROLLED IN THE TRADITIONAL DAY SCHOOL, AND THE COLLEGE OF PROFESSIONAL STUDIES HAS ABOUT 5,500 STUDENTS ENROLLED.

Revisions to this organization profile

February 4, 2025:
2024 Indiana Institute of Technology Inc. 990 filed
April 6, 2024:
2023 Indiana Institute of Technology Inc. 990 filed
February 7, 2023:
2022 Indiana Institute of Technology Inc. 990 filed

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