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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 University Research & Technology Corporation

Indiana University Research & Technology Corporation

Fiscal year ending 2018. Filed on May 14, 2019.

518 Indiana Avenue
Indianapolis, Indiana 46202

Indiana University Research & Technology Corporation (EIN: 35-1990726) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2018 IRS Form 990 filing, Indiana University Research & Technology Corporation, a 501(c)(3) charitable organization, reported compensation for 11 out of 21 total employees. Among the employees shown here, the average compensation is $417,125. The highest compensated employee at Indiana University Research & Technology Corporation is Jay Hess with fiscal year 2018 compensation of $843,919.

Revenue, expenses, and employee compensation

Revenue

$1,048,265

Expenses

$2,254,955

Employee compensation

$684,478
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jay Hess
Member
$843,919
$0 $681,370 $162,549
Brad Wheeler
Vice President, Information Technology
$704,064
$0 $552,610 $151,454
Idalene Kesner
Member
$477,355
$0 $410,685 $66,670
Fred Cate
Vice Chair
$468,874
$0 $374,287 $94,587
William Stephan
Vice President of Engagement
$462,097
$0 $357,144 $104,953
Raj Acharya
Member
$420,398
$0 $371,236 $49,162
David Russomanno
Member
$300,542
$0 $262,005 $38,537
Anthony Armstrong
President and Chief Executive Officer
$273,707
$0 $239,002 $34,705
Theodore Widlanski
Member
$233,795
$0 $203,203 $30,592
Ken Green
Vice President of Entrepreneurial VENT
$224,997
$198,155 No related comp$26,842
Michael Burton
Chief Financial Officer
$178,627
$142,178 No related comp$36,449

Benchmark Employee Compensation

Non-Employee Board Members

Bill Stephan
Board Chair
Charles Schalliol
Treasurer
David Johnson
Member
Edward Sagebiel
Member
Elizabeth Hagerman
Member
Gary Anderson
Member
Harry Gonso
Member
Jane Niederberger
Member
Teri Willey
Member

Contractors

Faegre Baker & Daniels
Legal
$730,073
Barnes & Thornburg LLP
Legal
$595,960
Stinson Leonard Street LLP
Legal
$422,026
Quarles & Brady
Legal
$265,840

Mission Statement

THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY.

Revisions to this organization profile

May 14, 2024:
2023 Indiana University Research & Technology Corporation 990 filed
February 28, 2023:
2022 Indiana University Research & Technology Corporation 990 filed
May 13, 2022:
2021 Indiana University Research & Technology Corporation 990 filed

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