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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 Virginia Tech Intellectual Properties Inc.

Virginia Tech Intellectual Properties Inc.

Fiscal year ending 2019. Filed on April 8, 2020.

1311 Research Center Drive No 2057
Blacksburg, Virginia 24060

Virginia Tech Intellectual Properties Inc. (EIN: 54-1323858) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Virginia Tech Intellectual Properties Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 4 total employees. Among the employees shown here, the average compensation is $405,415. The highest compensated employee at Virginia Tech Intellectual Properties Inc. is Theresa Mayer with fiscal year 2019 compensation of $405,415.

Revenue, expenses, and employee compensation

Revenue

$3,045,597

Expenses

$2,998,011

Employee compensation

$168,034
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Theresa Mayer
Chair
$405,415
$0 $346,638 $58,777

Benchmark Employee Compensation

Non-Employee Board Members

William Huckle
Director
$135,521
$0 $112,531 $22,990
James Ramey
Director
No compensation reported
Bob Flores
Director
No compensation reported
Ken Ferris
Director
No compensation reported
Arthur Spivy
Director
No compensation reported
John Dooley
Secretary and Treasurer
No compensation reported
Joe Meredith
Director
No compensation reported

Contractors

Blank Rome LLP
Legal
$149,573
New River Valley Intellectual Property L
Legal
$116,913
Computer Packages Inc.
Legal
$114,061

Mission Statement

TO PROMOTE, ENCOURAGE, AND MARKET SCIENTIFIC RESEARCH BY THE FACULTY, STAFF AND STUDENTS SOLELY FOR THE BENEFIT OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (VIRGINIA TECH).

Revisions to this organization profile

April 8, 2025:
2024 Virginia Tech Intellectual Properties Inc. 990 filed
May 14, 2024:
2023 Virginia Tech Intellectual Properties Inc. 990 filed
May 8, 2023:
2022 Virginia Tech Intellectual Properties Inc. 990 filed

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