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Accreditation Board For Engineering And Technology Inc

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

EIN: 510243571 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Accreditation Board For Engineering And Technology Inc?

The Accreditation Board for Engineering and Technology Inc, based in Baltimore, Maryland, is a nonprofit organization dedicated to evaluating academic programs in applied natural science, computing, engineering, and engineering technology at the invitation of institutions of post-secondary education worldwide. Through voluntary evaluations, ABET aims to accredit educational programs at these institutions, ultimately promoting and advancing education in these fields. With a mission to serve the public, ABET works to ensure the quality and excellence of educational programs in engineering and related disciplines. The organization is staffed by approximately 44 employees.


Official website here: www.abet.org

Is Accreditation Board For Engineering And Technology Inc legitimate?

Accreditation Board For Engineering And Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accreditation Board For Engineering And Technology Inc 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: $1,396,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,392,632

For more financial information, click here


Official website here: www.abet.org

What is the mission statement of Accreditation Board For Engineering And Technology Inc?

The Accreditation Board for Engineering and Technology Inc (ABET) prioritizes the promotion and advancement of education in applied natural science, computing, engineering, and engineering technology. In doing so, ABET serves the public interest by evaluating academic programs in these fields at institutions of post-secondary education around the world. The voluntary evaluations conducted by ABET may result in accreditation for these educational programs, ultimately enhancing the quality of education in these subjects. ABET, which is a federation of engineering and technical professions, is dedicated to ensuring that students receive a top-notch education, preparing them for successful careers in their chosen fields.


Official website here: www.abet.org

Who is the CEO of Accreditation Board For Engineering And Technology Inc?

Michael Milligan is the President of Accreditation Board For Engineering And Technology Inc.


Official website here: www.abet.org

What is the revenue of Accreditation Board For Engineering And Technology Inc?

Accreditation Board For Engineering And Technology Inc's revenue in 2022 was $14,197,976.


Official website here: www.abet.org

Who are the executives of Accreditation Board For Engineering And Technology Inc and what are their salaries?

The average compensation at Accreditation Board For Engineering And Technology Inc during 2022 was $108,854. There are 44 employees and 1,139 volunteers at Accreditation Board For Engineering And Technology Inc.

Here are 20 key members and their salaries:

    Michael Milligan (Executive Director)
  • Compensation: $485,387
  • Related: $0
  • Other: $26,649

    • Joseph Sussman (Chief Accreditation Officer, Cio)
  • Compensation: $327,136
  • Related: $0
  • Other: $23,944

    • Jessica Silwick (Cfo, Coo)
  • Compensation: $275,604
  • Related: $0
  • Other: $21,718

    • Jane Emmet (Senior Director, Accreditaiton)
  • Compensation: $175,047
  • Related: $0
  • Other: $33,514

    • Joseph Luksic (Senior Director, Information Mgmt)
  • Compensation: $155,303
  • Related: $0
  • Other: $33,019

    • Hwan-Kyung Chung (Software Architect)
  • Compensation: $150,347
  • Related: $0
  • Other: $30,501

    • Stephanie Harrington (Director, Constituent Relations)
  • Compensation: $151,614
  • Related: $0
  • Other: $13,032

    • Daniela Iacona (Director, Int'L Engmt & Governance)
  • Compensation: $141,197
  • Related: $0
  • Other: $15,959

    • William J Wepfer (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S K Ramesh (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Chong (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Price (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Whitman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Menke (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Rajala (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellayne Ganzfried (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hamid Fonooni (Applied And Natural Sciences Area Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Phillips (Computing Area Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Phillips (Engineering Area Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larraine Kapka (Engineering Technology Area Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.abet.org

    Where can I find the form 990 for Accreditation Board For Engineering And Technology Inc?

    The Accreditation Board For Engineering And Technology Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.abet.org

    Learn more at the official website: www.abet.org

    Mission Statement of Accreditation Board For Engineering And Technology Inc

    The Accreditation Board for Engineering and Technology Inc, or ABET, is a leading organization in the promotion and advancement of education in applied natural science, computing, engineering, and engineering technology. Established as a federation of engineering and technical professions, ABET serves the public by evaluating academic programs in these fields at the invitation of institutions of post-secondary education worldwide.

    Through voluntary evaluations, ABET grants accreditation to educational programs that meet its rigorous standards. The accreditation process is a valuable asset for institutions, as it signifies the quality and effectiveness of their programs in preparing students for successful careers in their chosen fields. By setting high standards for education in these essential industries, ABET plays a crucial role in ensuring that the next generation of professionals is well-equipped to tackle the challenges of the modern world.

    ABET's mission is to serve the public through the promotion and advancement of education in applied natural science, computing, engineering, and engineering technology. By setting and upholding stringent standards for academic programs in these fields, ABET empowers students to excel in their chosen careers and make meaningful contributions to their professions and society as a whole. The organization's commitment to education excellence extends beyond its accreditation process, as it also works to foster innovation, collaboration, and continuous improvement in the fields it serves.

    Impact

    This information is meant to be a general summary of Accreditation Board For Engineering And Technology Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Accreditation Board for Engineering and Technology Inc, also known as ABET, plays a crucial role in promoting and advancing education in applied natural science, computing, engineering, and engineering technology. Through its accreditation process, ABET evaluates academic programs in these fields at institutions of postsecondary education worldwide. This voluntary evaluation process can lead to the accreditation of educational programs, ensuring that they meet rigorous standards set by ABET.

    By providing accreditation, ABET helps to maintain and enhance the quality of education in engineering, technology, and related disciplines. This not only benefits students by ensuring they receive a high-quality education but also helps employers identify graduates who have met the standards of their respective industries. Overall, ABET's impact can be seen in the continuous improvement of educational programs and the preparation of future professionals in critically important fields.





    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: $417,779
  • Program Service Revenue: $13,779,358
  • Gross Receipts: $16,400,151

    • Assets and Liabilities:
  • Total Assets: $24,567,861
  • Total Liabilities: $7,544,572
  • Net Assets: $17,023,289
  • Programs

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

    ACCREDITATION FEES

    Revenue

    $11,809,365

    MEMBERSHIP ASSESSMENTS

    Revenue

    $1,579,630

    PROFESSIONAL OFFERINGS

    Revenue

    $390,363

    Organization Details

    Founding Year

    1963

    Principal Officer

    Michael Milligan

    Main Address

    415 NORTH CHARLES STREET, BALTIMORE, MD, 21201

    NTEE Category

    Code: B40D - Education

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