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Organizations Education Indiana University Research & Technology Corporation

Indiana University Research & Technology Corporation

Fiscal year ending 2020. Filed on May 14, 2021.

642 N Madison Street No 113
Bloomington, Indiana 47404

Indiana University Research & Technology Corporation (EIN: 35-1990726) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2020 IRS Form 990 filing, Indiana University Research & Technology Corporation, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $378,696. The highest compensated employee at Indiana University Research & Technology Corporation is Jay Hess with fiscal year 2020 compensation of $1,246,444.

Revenue, expenses, and employee compensation

Revenue

$1,160,102

Expenses

$1,425,422

Employee compensation

$1,008,929
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jay Hess
Member
$1,246,444
$0 $977,237 $269,207
Fred Cate
Vice Chair
$482,529
$0 $383,579 $98,950
Bill Stephan
Board Chair
$477,066
$0 $371,501 $105,565
David Russomanno
Member
$345,765
$0 $303,048 $42,717
Scott Smart
Member
$335,856
$0 $288,433 $47,423
Teri Willey
Executive Director
$308,831
$262,277 No related comp$46,554
Anthony Armstrong
President and Chief Executive Officer
$292,401
$0 $255,421 $36,980
Theodore Widlanski
Member
$220,818
$0 $189,880 $30,938
Jason Whitney
Associate Vice President
$165,668
$129,824 No related comp$35,844
Michael Burton
Chief Financial Officer
$152,579
$116,208 No related comp$36,371
Ken Green
Vice President of Entrepreneurial VENT
$137,699
$130,324 No related comp$7,375

Benchmark Employee Compensation

Non-Employee Board Members

Charles Schalliol
Treasurer
Dennis Groth
Member
Edward Sagebiel
Member
Elizabeth Hagerman
Member
Gary Anderson
Member
Harry Gonso
Member
Jane Niederberger
Member
Pat Callahan
Secretary
Patricia Martin
Member

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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