Compensation 990

Virginia Tech Transportation Economic Development Inc.

Fiscal year ending 2024. Filed on April 8, 2025.

902 Prices Fork Road Suite 4000
Blacksburg, Virginia 24061

Virginia Tech Transportation Economic Development Inc. (EIN: 37-1737161) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Virginia Tech Transportation Economic Development Inc., a 501(c)(3) charitable organization, reported compensation for 12 out of 37 total employees. Among the employees shown here, the average compensation is $362,664. The highest compensated employee at Virginia Tech Transportation Economic Development Inc. is Dr Cyril R Clarke with fiscal year 2024 compensation of $702,844.

Revenue, expenses, and employee compensation

Revenue

$5,551,250

Expenses

$5,841,143

Employee compensation

$3,500,241
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Cyril R Clarke
Board Member
$702,844
$0 from org$575,156 from related$127,688 other
Amy Sebring
Board Member
$699,767
$0 from org$541,594 from related$158,173 other
Dr Dan Sui
President
$534,919
$0 from org$474,123 from related$60,796 other
Ken Miller
Board Member
$447,419
$0 from org$376,127 from related$71,292 other
Scott Midkiff
Board Member
$441,830
$0 from org$371,656 from related$70,174 other
Zachary Doerzaph
President (Vtt)
$398,231
$0 from org$331,981 from related$66,250 other
Frank della Pia
Executive Director
$294,833
$253,226 from orgNo related comp$41,607 other
Jonathan Darab
Engineering Director-Outreach OPS
$230,619
$185,246 from orgNo related comp$45,373 other
Christine Absher
Treasurer (Vtt)
$183,373
$0 from org$136,126 from related$47,247 other
Sean Hubbard
Engineer III - Research Scientist
$167,691
$143,248 from orgNo related comp$24,443 other
Yi Li
Engineer III - Research Scientist
$125,227
$105,735 from orgNo related comp$19,492 other
Lauri Mustonen
Engineer III - Research Scientist
$125,212
$105,220 from orgNo related comp$19,992 other

Non-Employee Board Members

Justice Elizabeth McClanahan
Board Member

Mission Statement

VTTEDI BUILDS A BASE OF RESEARCH, ENGINEERING EDUCATION, ADVANCED TESTING, AND TECHNOLOGY TRANSFER THAT SIGNIFICANTLY IMPACTS INDUSTRIAL PRACTICE AND PRODUCTIVITY THROUGH THE DEVELOPMENT OF ADVANCED MATERIALS, INTELLIGENT TIRE TECHNOLOGIES AND VEHICLE DYNAMICS DATA ANALYSIS.

Revisions to this organization profile

April 8, 2025:
2024 Virginia Tech Transportation Economic Development Inc. 990 filed
May 15, 2024:
2023 Virginia Tech Transportation Economic Development Inc. 990 filed
May 15, 2023:
2022 Virginia Tech Transportation Economic Development Inc. 990 filed

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