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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 Unclassified Innovation Development Institute Inc.

Innovation Development Institute Inc.

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

222 W Merchandise Mart Plza No 1230
Chicago, Illinois 60654

Innovation Development Institute Inc. (EIN: 46-3253782), also known as Matter Chicago, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Innovation Development Institute Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 27 total employees. Among the employees shown here, the average compensation is $232,602. The highest compensated employee at Innovation Development Institute Inc. is Steven Collens with fiscal year 2018 compensation of $425,504.

Revenue, expenses, and employee compensation

Revenue

$4,348,987

Expenses

$4,552,024

Employee compensation

$2,406,567
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Collens
Chief Executive Officer
$425,504
$415,988 No related comp$9,516
Joshua Chapman
Chief Operating Officer
$283,748
$269,946 No related comp$13,802
Joe Rizk
Vice President, Strategic Partnerships
$236,327
$235,351 No related comp$976
Arun Bhatia
SR Program Director
$166,999
$161,054 No related comp$5,945
Peter Standquist
Senior Director
$151,728
$139,187 No related comp$12,541
Polina Goryunov
Program Director
$131,308
$120,314 No related comp$10,994

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Cittadine
Secretary
David Ormesher
Director
David Schonthal
Director
Ellen A Rudnick
Director
Eric Whitaker
Director
Glen Tullman
Director
James L Madara
Director
James O'Connor Jr
Director
James Robinson
Director
Jeffrey Aronin
Co-Chair
Jim Sullivan
Director
Joel Farran
Director

Mission Statement

MATTER IS A COMMUNITY WORKING TOGETHER TO HARNESS TECHNOLOGY TO ACCELERATE THE PACE OF CHANGE OF HEALTHCARE.

Revisions to this organization profile

November 14, 2025:
2024 Innovation Development Institute Inc. 990 filed
November 14, 2024:
2023 Innovation Development Institute Inc. 990 filed
July 2, 2024:
Amended (originally filed November 13, 2023)2022 Innovation Development Institute Inc. 990 filed

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