Compensation 990

The Trustees of the Stevens Institute of Technology

Fiscal year ending 2024. Filed on May 6, 2025.

One Castle Point On Hudson
Hoboken, New Jersey 07030

The Trustees of the Stevens Institute of Technology (EIN: 22-1487354), also known as Stevens Institute of Technology, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Trustees of the Stevens Institute of Technology, a 501(c)(3) charitable organization, reported compensation for 30 out of 4,396 total employees. Among the employees shown here, the average compensation is $420,508. The highest compensated employee at The Trustees of the Stevens Institute of Technology is Nariman Farvardin with fiscal year 2024 compensation of $1,254,554.

Revenue, expenses, and employee compensation

Revenue

$536,669,795

Expenses

$509,502,464

Employee compensation

$212,362,436
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋2.9%vs 2023
Nariman Farvardin
President and Trustee
$1,254,554
$1,221,028 from orgNo related comp$33,526 other
＋3.6%vs 2023
Jianmin Qu
Provost and Senior Vice President for Academic Affairs
$618,247
$562,536 from orgNo related comp$55,711 other
＋7.2%vs 2023
Gregory Prastacos
Dean
$573,951
$511,191 from orgNo related comp$62,760 other
＋4.2%vs 2023
Louis J Mayer
Vice President of Finance/ Treasurer, CFO
$532,411
$476,700 from orgNo related comp$55,711 other
＋3.8%vs 2023
Kathy L Schulz
Vice President and General Counsel/Secretary
$525,795
$482,512 from orgNo related comp$43,283 other
New in 2024
Edmund Synakowski
Vice Provost
$494,546
$438,835 from orgNo related comp$55,711 other
＋3.5%vs 2023
Constantin Chassapis
SR VICE Provost
$483,456
$427,745 from orgNo related comp$55,711 other
－1.0%vs 2023
Jean Zu
Dean
$475,948
$432,665 from orgNo related comp$43,283 other
＋3.6%vs 2023
Dinesh Verma
Professor/ EXEC Director of SERC
$460,204
$400,709 from orgNo related comp$59,495 other
＋3.5%vs 2023
David Zeng
Vice Provost
$456,111
$403,700 from orgNo related comp$52,411 other
＋3.6%vs 2023
Laura Rose
Vice President for Dev/Alum
$455,565
$400,184 from orgNo related comp$55,381 other
＋6.7%vs 2023
Elisabeth McGrath
Vice President for UNIV Relations
$448,497
$417,356 from orgNo related comp$31,141 other

Non-Employee Board Members

New in 2024
Christopher J Frank
Trustee/Adjunct AS of 12/1/23
$6,034
$6,000 from orgNo related comp$34 other
＋4925%vs 2023
Mehrab H Syed
Trustee
$3,015
$3,015 from orgNo related compNo other comp
New in 2024
Jared W Donnelly
Trustee AS of 5/21/24
$867
$867 from orgNo related compNo other comp
Joseph G Dipompeo
Trustee
No compensation reported
Thomas A Corcoran
Trustee
No compensation reported
A Michael Lipper
Trustee
No compensation reported
William W Destler
Trustee to 12/1/23
No compensation reported
Manuel S Escobedo
Trustee
No compensation reported
John R Dearborn
Trustee
No compensation reported
Lisa M Mascolo
Trustee
No compensation reported
Pam P Cheng
Trustee
No compensation reported
Louis A Steinberg
Trustee
No compensation reported

Mission Statement

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES, SEE SCHEDULE O.

Revisions to this organization profile

May 6, 2025:
2024 The Trustees of the Stevens Institute of Technology 990 filed
April 5, 2024:
2023 The Trustees of the Stevens Institute of Technology 990 filed
April 18, 2023:
2022 The Trustees of the Stevens Institute of Technology 990 filed

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