Worcester Polytechnic Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042121659 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Worcester Polytechnic Institute?

Worcester Polytechnic Institute (WPI) is a renowned educational institution based in Worcester, Massachusetts. Founded in 1865, its mission is to impart the latest science and engineering knowledge in a manner most beneficial for society. With a population of approximately 5,200 undergraduate and 2,000 graduate students, WPI offers education in various fields, including science, technology, engineering, mathematics, management, and humanities. The institute provides housing and board auxiliary services for around 2,400 students. In fiscal year 2022, WPI granted 1,197 bachelor's, 684 master's, and 69 doctoral degrees. The Institute's unique educational approach prepares students to tackle challenging problems in science and technology while recognizing the potential impact on society. Approximately 4,068 employees contribute to creating, discovering, and conveying knowledge at the forefront of academic inquiry to enhance society. (Word count: 112)


Official website here: www.wpi.edu

Is Worcester Polytechnic Institute legitimate?

Worcester Polytechnic Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Polytechnic Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $6,601,421
Professional Fundraising Fees: $166,030
Other Salaries and Wages: $135,252,518

For more financial information, click here


Official website here: www.wpi.edu

What is the mission statement of Worcester Polytechnic Institute?

Worcester Polytechnic Institute was established in 1865 with the goal of disseminating the most recent scientific and engineering knowledge in a socially beneficial manner. The university focuses on educating students in engineering, science, management, and humanities for professional practice, civic engagement, and leadership. This educational process adheres to the founders' original intent of generating, discovering, and conveying knowledge at the cutting edge of academic inquiry, ultimately bettering society. Faculty and students engage in scholarly activities, spanning various educational methods, professional practices, and fundamental research, to create and uncover knowledge. This knowledge is then communicated through scholarly publications and instruction.


Official website here: www.wpi.edu

Who is the CEO of Worcester Polytechnic Institute?

Jinliu Wang is the Principal Officer of Worcester Polytechnic Institute.


Official website here: www.wpi.edu

What is the revenue of Worcester Polytechnic Institute?

Worcester Polytechnic Institute's revenue in 2022 was $444,871,646.


Official website here: www.wpi.edu

Who are the executives of Worcester Polytechnic Institute and what are their salaries?

The average compensation at Worcester Polytechnic Institute during 2022 was $34,871. There are 4,068 employees and 371 volunteers at Worcester Polytechnic Institute.

Here are 48 key members and their salaries:

    Laurie Leshin (President (Thru 05/2022)) [Trustee/Director]
  • Compensation: $1,905,265
  • Related: $0
  • Other: $100,018

    • Jeffrey Solomon (Treas, Exec Vp, Cfo (Thru 08/21))
  • Compensation: $738,198
  • Related: $0
  • Other: $43,552

    • Winston Soboyejo (Provost (Thru 05/22)/Interim. Pres.) [Trustee/Director]
  • Compensation: $564,121
  • Related: $0
  • Other: $104,990

    • David Bunis (Secretary & General Counsel)
  • Compensation: $608,493
  • Related: $0
  • Other: $29,511

    • Philip Clay (Vp Student Affairs)
  • Compensation: $417,975
  • Related: $0
  • Other: $35,744

    • Amy Morton (Vp And Chief Of Staff)
  • Compensation: $397,411
  • Related: $0
  • Other: $46,062

    • Jean King (Dean Of Arts & Sciences)
  • Compensation: $369,685
  • Related: $0
  • Other: $49,092

    • Donna Stock (Vp University Advancement)
  • Compensation: $344,649
  • Related: $0
  • Other: $49,097

    • Jamal Yagoobi (Dept Head Mechanical Eng)
  • Compensation: $334,930
  • Related: $0
  • Other: $58,096

    • John Mcneil (Dean Of Engineering)
  • Compensation: $334,498
  • Related: $0
  • Other: $50,587

    • Bogdan Vernescu (Vice Provost Research)
  • Compensation: $345,675
  • Related: $0
  • Other: $36,390

    • Arthur Heinricher (Interim Provost (As Of 05/2022))
  • Compensation: $243,521
  • Related: $0
  • Other: $28,716

    • William Mcavoy (Former Vp University Advancement)
  • Compensation: $230,400
  • Related: $0
  • Other: $0

    • Bruce Bursten (Chemistry Professor)
  • Compensation: $201,545
  • Related: $0
  • Other: $27,187

    • Michael Horan (Treas, Exec Vp, Cfo (As Of 08/21))
  • Compensation: $194,712
  • Related: $0
  • Other: $22,211

    • Patrick Hitchcock (Assoc Treas&Controller (Thru 01/22))
  • Compensation: $148,280
  • Related: $0
  • Other: $39,042

    • Stephanie Pasha (Former Avp & Chief Of Staff)
  • Compensation: $152,911
  • Related: $0
  • Other: $21,839

    • Kyle Siegel (Asst. Secretary & Exec. Dir.)
  • Compensation: $115,431
  • Related: $0
  • Other: $29,818

    • Michelle Jones-Johnson (Former Vp For Talent Dev/Cdo)
  • Compensation: $105,973
  • Related: $0
  • Other: $12,871

    • John Mollen (Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Aberdale (Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Fitzgerald (Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Aspinwall (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marni Hall (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linwood Bradford (Vice Chairman & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Baum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorraine Bolsinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Dolan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Fitzgerald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Hart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Hitchcock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Kazin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Kilmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Kline (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lapre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francesca Maltese (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Mason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Mccauley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Mcdonough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Mcgoldrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Oliver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark O'Neil (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Tegan Padir (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Rusckowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Bolduc Szkutak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothea Wong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wpi.edu

    Where can I find the form 990 for Worcester Polytechnic Institute?

    The Worcester Polytechnic Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wpi.edu

    Learn more at the official website: www.wpi.edu

    Mission Statement of Worcester Polytechnic Institute

    Worcester Polytechnic Institute, or WPI, was founded in 1865 with a mission to be at the forefront of conveying the latest science and engineering knowledge in ways that benefit society. The university is dedicated to educating talented individuals in engineering, science, management, and humanities, preparing them for successful professional practices, civic contributions, and leadership. WPI's educational process is rooted in active lifelong learning, with knowledge creation and discovery taking place through scholarly activities that span educational methodology, professional practice, and basic research. This knowledge is then conveyed through scholarly publication and instruction. WPI faculty and students explore the frontiers of academic inquiry, creating and uncovering new knowledge that ultimately contributes to society's betterment.

    Impact

    This information is meant to be a general summary of Worcester Polytechnic Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Worcester Polytechnic Institute's impact can be seen through its dedication to educating talented individuals in the fields of science, technology, engineering, and mathematics. With a focus on preparing students for professional practice, civic contribution, and leadership roles, WPI equips approximately 5,200 undergraduate and 2,000 graduate students with the knowledge and skills needed to tackle challenges in science and technology.

    Through its mission to create, discover, and convey knowledge at the frontiers of academic inquiry for the betterment of society, WPI fosters a culture of innovation and lifelong learning. The university's emphasis on active engagement in scholarly activities by faculty and students contributes to the advancement of various fields, from educational methodology to basic research.

    By awarding a significant number of degrees each year, including bachelor's, master's, and PhDs, WPI produces graduates who not only possess technical expertise but also a deep understanding of how their work can impact society and improve lives. This commitment to excellence in education and research positions WPI as a key institution driving innovation and societal progress.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,296,051
  • Program Service Revenue: $414,335,622
  • Gross Receipts: $453,900,620

    • Assets and Liabilities:
  • Total Assets: $1,250,809,748
  • Total Liabilities: $485,190,259
  • Net Assets: $765,619,489
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $320,761,077

    SPONSORED RESEARCH

    Revenue

    $40,042,435

    AUXILIARY OPERATIONS

    Revenue

    $38,749,013

    OTHER OPER. SOURCES

    Revenue

    $12,466,055

    OTHER EDUC. OPERATIONS

    Revenue

    $2,317,042

    Organization Details

    Founding Year

    1865

    Principal Officer

    Jinliu Wang

    Main Address

    100 INSTITUTE ROAD, WORCESTER, MA, 01609

    NTEE Category

    Code: B43 - Education

    If you are a representative of Worcester Polytechnic Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.