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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 Virginia Tech Applied Research Corporation

Virginia Tech Applied Research Corporation

Fiscal year ending 2023. Filed on May 9, 2024.

900 N Glebe Road 700
Arlington, Virginia 22203

Virginia Tech Applied Research Corporation (EIN: 27-1585738) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Virginia Tech Applied Research Corporation, a 501(c)(3) charitable organization, reported compensation for 15 out of 86 total employees. Among the employees shown here, the average compensation is $362,530. The highest compensated employee at Virginia Tech Applied Research Corporation is Dr Lance Collins with fiscal year 2023 compensation of $789,285.

Revenue, expenses, and employee compensation

Revenue

$20,398,451

Expenses

$18,979,267

Employee compensation

$10,323,372
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Lance Collins
Director
$789,285
$0 $704,722 $84,563
Dr Daniel Sui
Chair
$507,686
$0 $450,003 $57,683
Mr John Forte
President and Chief Executive Officer
$444,380
$382,917 No related comp$61,463
Dr Scott Midkiff
Director
$437,174
$0 $368,479 $68,695
Mr Ken Miller
Director
$426,273
$0 $358,623 $67,650
Dr Ronald Fricker
Director
$386,426
$0 $319,456 $66,970
Mr Don Maffei
Vice President Finance and Administratio
$326,488
$287,467 No related comp$39,021
Mr Michael Difrancisco
Chief Engineer
$316,893
$263,637 No related comp$53,256
Dr Kevin Pitts
Director
$287,814
$0 $254,662 $33,152
Mr Timothy Brumfiel Sr
Vice President Operations and Developmet
$281,266
$257,073 No related comp$24,193
Dr Matt Wolfe
Vice President, Technology
$266,650
$243,893 No related comp$22,757
Ms Maegen Nix
Division Director
$262,652
$228,330 No related comp$34,322

Benchmark Employee Compensation

Non-Employee Board Members

Mr M Dwight Shelton Jr
Director
$100,665
$0 $100,665 No other comp
Mr Sumeet Singh
Director
No compensation reported
Mr Dewey Houck
Director
No compensation reported
Dr Nancy Spruill
Director
No compensation reported
Dr Brett Malone
Director
No compensation reported
Dr Reginald Brothers
Director
No compensation reported
Justice Ret Elizabeth McClanahan
Secretary and Treasurer
No compensation reported
Ms Renee Wynn
Director
No compensation reported

Contractors

Jthompson Construction LLC
Construction
$249,527
Palmer Contracting LLC
Construction
$214,361
Laura Barnes-Wright Consultation
Technical Consulting
$164,050
Hutchison Pllc
Legal
$122,058
Corgevity
IT
$109,714

Mission Statement

THE MISSION OF VT-ARC IS TO EXTEND THE IMPACT OF THE VIRGINIA TECH RESEARCH AND INNOVATION ENTERPRISE, DELIVERING SUPERIOR ANALYTIC AND TECHNOLOGY SOLUTIONS TO GOVERNMENT AND NON-GOVERNMENT CUSTOMERS.

Revisions to this organization profile

May 12, 2025:
2024 Virginia Tech Applied Research Corporation 990 filed
May 9, 2024:
2023 Virginia Tech Applied Research Corporation 990 filed
May 8, 2023:
2022 Virginia Tech Applied Research Corporation 990 filed

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