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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 Science & Technology Research Iqm Research Institute

Iqm Research Institute

Fiscal year ending 2024. Filed on October 23, 2025.

24 Frank Lloyd Wright Dr H1200
Ann Arbor, Michigan 48105

Iqm Research Institute (EIN: 47-1793768), also known as Iqmri, has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Iqm Research Institute, a 501(c)(3) charitable organization, reported compensation for 8 out of 31 total employees. Among the employees shown here, the average compensation is $227,797. The highest compensated employee at Iqm Research Institute is Melaine A Corcoran with fiscal year 2024 compensation of $333,281.

Revenue, expenses, and employee compensation

Revenue

$4,600,511

Expenses

$4,561,763

Employee compensation

$3,098,824
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Melaine A Corcoran
Vice President of Advance Programs
$333,281
$304,730 No related comp$28,551
Michael Dudzik
President and Chief Executive Officer
$298,636
$284,415 No related comp$14,221
Paolo Spadafora
Vice President
$270,955
$241,930 No related comp$29,025
Jim Miles
Chief Operating Officer
$268,109
$255,342 No related comp$12,767
David Fleury
Chief Financial Officer
$261,053
$248,322 No related comp$12,731
Jennifer Frye
Program Manager
$139,191
$132,563 No related comp$6,628
Scott Mee
Program Manager
$134,787
$128,369 No related comp$6,418
James Kirk
Research Scientist
$116,365
$110,766 No related comp$5,599

Benchmark Employee Compensation

Non-Employee Board Members

Gerald Brennan
Vice President of Legal Affairs
$22,175
$21,119 No related comp$1,056
Terence Rhoades
Director
$2,000
$2,000 No related compNo other comp
Michael Stone
Director
$2,000
$2,000 No related compNo other comp
Maria Thompson
Director
$2,000
$2,000 No related compNo other comp

Contractors

Environmental EMC Consulting LLC
Consulting
$168,125
Warner Norcross & Judd LLP
Legal
$105,166

Mission Statement

PERFORM FUNDAMENTAL AND APPLIED RESEARCH IN THE PUBLIC INTEREST FOR GOVERNMENTAL AND EDUCATIONAL INSTITUTIONS AND PRIVATE INDUSTRY TO ATTRACT HIGH TECHNOLOGY TO THE STATE OF MICHIGAN.

Revisions to this organization profile

October 23, 2025:
2024 Iqm Research Institute 990 filed
November 6, 2024:
2023 Iqm Research Institute 990 filed
November 14, 2023:
2022 Iqm Research Institute 990 filed

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