Overview
What is Illinois Institute Of Technology?
The Illinois Institute of Technology (IIT) is a renowned nonprofit educational institution based in Chicago, Illinois. Home to seven colleges, IIT offers a diverse range of undergraduate and graduate programs in engineering, computing, architecture, business, law, design, and science and human sciences. The institution is known for its innovative approach to education, merging hands-on learning with entrepreneurship, design thinking, and technology. IIT's Interprofessional Projects Program (IPRO) enables students from various disciplines to collaborate and address real-world problems, often for sponsoring companies and nonprofits. With IPRO, students gain essential skills like leadership, creativity, teamwork, design thinking, and project management. The Idea Shop, a cutting-edge rapid-prototyping lab, provides students with the tools to bring their designs, products, and inventions to life. Furthermore, IIT's College of Architecture boasts award-winning Design/Build studios, allowing students to design and construct full-scale buildings as part of a hands-on education. With over 6,900 students, including 3,129 undergraduates, 2,990 graduates, 838 law students, and 4 students in continuing education programs, IIT is dedicated to providing distinctive and relevant education in a scientific, technological, and professional knowledge creation and innovation environment.
Official website here: www.iit.edu
Is Illinois Institute Of Technology legitimate?
Illinois Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Institute Of Technology 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: $8,507,990
Professional Fundraising Fees: $153,691
Other Salaries and Wages: $114,988,174
For more financial information, click here
Official website here: www.iit.edu
What is the mission statement of Illinois Institute Of Technology?
Illinois Institute of Technology is dedicated to delivering distinctive and relevant education in an environment that fosters scientific, technological, and professional knowledge creation and innovation. Through its seven colleges, the institution offers exceptional teaching, combining hands-on learning with entrepreneurship, design thinking, and technological expertise. IIT's programs emphasize collaboration and interdisciplinary study and research, preparing students to work across traditional boundaries and succeed in diverse professional environments. The University's Interprofessional Projects Program (IPRO) brings together students from various academic disciplines to collaborate on projects addressing real-world problems for companies and nonprofits, using design-centered methodology and innovative thinking. The Idea Shop, a cutting-edge rapid-prototyping lab, provides students with the tools and resources to transform their ideas into reality. IIT's Design/Build studios enable students to design and construct full-scale buildings, offering a hands-on educational experience. Instruction supports over 40 academic majors, 70 minors, and a variety of specializations, catering to a diverse student body of over 6,900 students. With a global reach, the University's projects span across various countries, providing students with valuable experiences and opportunities to apply their knowledge in real-world contexts.
Official website here: www.iit.edu
What is the revenue of Illinois Institute Of Technology?
Illinois Institute Of Technology's revenue in 2022 was $372,778,524.
Official website here: www.iit.edu
Who are the executives of Illinois Institute Of Technology and what are their salaries?
The average compensation at Illinois Institute Of Technology during 2022 was $37,457. There are 3,297 employees and 107 volunteers at Illinois Institute Of Technology.
Here are 102 key members and their salaries:
- Alan Cramb (President To 07/31/21) [Trustee/Director]
- Peter Kilpatrick (Provost, Svp Academic Affairs)
- Mohammad Shahidehpour (Distinguished Bodine Professor)
- Ernest Iseminger (Vice President)
- Lance Fortnow (Professor And Dean Cos)
- Kenneth Christensen (Kaplan Dean Of Engineering)
- Michael Gosz (Vp, Enrlmt/Vice Prov/Assocprof)
- Hamid Arastoopour (Director, Wiser/Professor)
- Anita Krug (Dean And Professor Of Law)
- Natacha Depaola (Prof Of Biomedeng/ Dir Idmet & Former Key Employee)
- Jafar Saniie (Dept. Chair & Filmer Professor)
- John Bilson (Dean)
- Xian-He Sun (Distinguished Professor)
- Reed Kroloff (Dean-Architecture, Rowe Chair)
- Michael Horan (Vp Finance, Cfo, Treasurer)
- Darsh Wasan (Distinguished Professor,Chbe)
- Michelangelo Sabatino (Professor & Former Key Employee)
- Chun Liu (Professor/Chair)
- Raj Echambadi (President From 8/1/21) [Trustee/Director]
- Siva Balasubramanian (Harold L. Stuart Endowed Chair & Former Highly Compensated Employee)
- Harold Krent (Professor Of Law & Former Key Employee)
- Ophir Trigalo (Vice Provost, Cio)
- Sumanta Acharya (Professor/Department Chair & Former Highly Compensated Employee)
- Edwin Watts (Vp Of Administration)
- Miles Wernick (Motorola Professor/Dir. Md Img & Former Highly Compensated Employee)
- Anthony D'Amato (Vice Pres, Genr'L Cnsl & Sec)
- Robert Brackett (Vice President/Professor & Former Key Employee)
- Jess Goode (Vice President, Extn'L Affairs)
- Walter Hazlitt (Interim Genr'L Cnsl & Sec)
- Ellen M Jordan (Vice Chair) [Trustee/Director]
- Michael P Galvin (Chairman Of The Board) [Trustee/Director]
- Thomas E Lanctot (Vice Chair) [Trustee/Director]
- A Steven Crown (Partial Year Trustee)
- Alan W Wendorf (Trustee)
- Amanda Lannert (Trustee)
- Andrea L Berry (Trustee)
- Anita M Nagler (Trustee)
- Brian C Walker (Trustee)
- Bruce C Liimatainen (Trustee)
- Bryan R Dunn (Trustee)
- Carl S Spetzler (Trustee)
- Carole Browe Segal (Trustee)
- Carson Block (Trustee)
- Carter H Eckert (Trustee)
- Craig J Duchossois (Trustee)
- Daniel R Ephraim (Trustee)
- David J Vitale (Trustee)
- David L Crowell (Trustee)
- Douglas M Monieson (Trustee)
- Edward L Kaplan (Trustee)
- Efthimios J Stojka (Trustee)
- Eric C Larson (Trustee)
- Eric G Vassilatos (Trustee)
- Frank Clark Iii (Trustee)
- Harold Singleton Iii (Trustee)
- James Dugan (Trustee)
- James E Cowie (Trustee)
- James Gagnard (Trustee)
- James Hill Jr (Partial Year Trustee)
- Jamshyd N Godrej (Trustee)
- Jenny Niemann (Trustee)
- Jimmy A Akintonde (Trustee)
- Joel D Krauss (Trustee)
- John C Walden (Trustee)
- John G Olin (Trustee)
- John Krehbiel Jr (Trustee)
- John P Calamos Sr (Trustee)
- John W Rowe (Trustee)
- Judson B Althoff (Trustee)
- Kaarina Koskenalusta (Trustee)
- Karen R Klein (Trustee)
- Kathleen Brandenburg (Trustee)
- Kevin W Willer (Trustee)
- Marc R Hannah (Trustee)
- Mark P Sexton (Trustee)
- Martin C Jischke (Trustee)
- Martin Cooper (Trustee)
- Mayari Pritzker (Trustee)
- Michael J Graff (Trustee)
- Michael Palumbo (Trustee)
- Norbert O Kaiser (Trustee)
- Pallavi Verma (Trustee)
- Patrick J Kelly (Trustee)
- Peter M Kelly Iii (Trustee)
- Priscilla Anne Walter (Partial Year Trustee)
- Ralph Wanger (Trustee)
- Richard Neil Levy (Trustee)
- Robert A Cornog (Trustee)
- Robert D Hoel (Trustee)
- Robert J Potter (Trustee)
- Robert J Washlow (Trustee)
- Rohit Prasad (Trustee)
- Rosemarie Mitchell (Trustee)
- S Christopher Gladwin (Trustee)
- Sherrie B Littlejohn (Trustee)
- Stacey M Kacek (Trustee)
- Stephen C Urrutia (Trustee)
- Stephen P Keogh (Trustee)
- Ted Koenig (Trustee)
- Victor A Morgenstern (Trustee)
- Victor Tsao (Trustee)
- Victoria L Noonan (Trustee)
Official website here: www.iit.edu
Where can I find the form 990 for Illinois Institute Of Technology?
The Illinois Institute Of Technology’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.iit.edu
Learn more at the official website: www.iit.edu
Mission Statement of Illinois Institute Of Technology
Illinois Institute of Technology, or IIT, is dedicated to delivering distinctive and relevant education in an environment that fosters scientific, technological, and professional knowledge creation and innovation. In this mission, IIT's seven colleges provide students with opportunities to explore new frontiers in engineering, computing, architecture, business, law, design, and science and human sciences. The institution's undergraduate and graduate programs, recognized for their excellence, combine hands-on learning with entrepreneurship training, design thinking, and technological expertise. IIT's commitment to collaboration and interdisciplinary study and research prepares students to work in professional environments where success transcends boundaries.
Since 1995, IIT's Interprofessional Projects Program (IPRO) has been a hallmark of the institution, bringing together students from various academic disciplines to work as a team to tackle real-world problems. These projects often partner with companies and nonprofits, providing students with the opportunity to apply design-centered methodology and innovative thinking. IPRO's academic program is essential in equipping students with leadership, creativity, teamwork, and project management skills necessary to thrive in their professional careers. IPRO teams have undertaken a range of ambitious projects, such as developing a platform for safe drug disposal and designing a net-zero energy retail building.
Illinois Institute of Technology's resources extend beyond the classroom. The Idea Shop, a state-of-the-art rapid-prototyping lab, empowers students to bring their designs, products, and inventions to life. Students can use the Idea Shop for classes, research projects, or personal endeavors, receiving guidance from full-time staff and student workers on equipment use, mechanical and electrical design, embedded systems programming, and more. Furthermore, the university's Design/Build studios in the College of Architecture enable students to design and construct full-scale buildings, offering a truly hands-on education. Projects, built entirely by architecture students, span the globe. IIT's instruction supports over 40 academic majors, 70 minors, and a variety of specializations, serving a student body of over 6,900 students. In the 2022 academic year, the University awarded 627 bachelor, 922 master, 231 J.D., 86 Ph.D., and 2 J.S.D. degrees.
Impact
This information is meant to be a general summary of Illinois Institute Of Technology. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Illinois Institute of Technology has a significant impact on education, innovation, and research. It provides distinctive and relevant education in fields such as engineering, computing, architecture, business, law, design, and science. With nationally ranked undergraduate and graduate programs, the university offers exceptional teaching that combines hands-on learning with training in entrepreneurship, design thinking, and technology.
One of the key initiatives that demonstrate the impact of Illinois Institute of Technology is the Interprofessional Projects Program (IPRO). Since 1995, IPRO has brought together students from various disciplines to work as a team on real-world problems sponsored by companies and nonprofits. This program teaches leadership, creativity, teamwork, design thinking, and project management, preparing students for success in their future careers.
Furthermore, the university's Idea Shop provides students with cutting-edge tools to bring their designs, products, and inventions to life. The rapid-prototyping lab, along with expert staff and student advisors, supports students in transforming their ideas into tangible solutions.
Under the College of Architecture, Illinois Institute of Technology's Design/Build studios allow students to design and construct full-scale buildings around the world. These projects provide students with hands-on experience and a global perspective on architecture and design.
Overall, Illinois Institute of Technology's impact can be seen in its diverse academic offerings, commitment to innovation and interdisciplinary collaboration, and its focus on preparing students for success in a rapidly evolving professional landscape.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$252,267,524
Sales/Services of Auxilliary Enterprises
Revenue
$14,526,776
Student Services
Revenue
$15,020,334
Equity interest on IITRI
Revenue
$3,789,824
Organization Details
Founding Year
1940
Phone
(312) 567-5850
Main Address
3424 SOUTH STATE STREET TC-4 FL, CHICAGO, IL, 60616
Website
www.iit.edu
NTEE Category
Code: B43 - Education
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