nonprofit logo

Florida Institute Of Technology Inc

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

EIN: 596046500 ✦ Melbourne, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida Institute Of Technology Inc?

Florida Institute of Technology Inc, located in Melbourne, Florida, is a renowned educational institution with a diverse student body. The university, with a total of 2,753 employees, educates 3,496 undergraduate, 1,648 graduate, and 549 doctorate students across its campus and offsite locations. Additionally, 3,623 students pursue their academic journey through online undergraduate and graduate programs. The university offers a wide array of programs, ranging from engineering, science, aeronautics, psychology, liberal arts, business, and aviation fields. Florida Institute of Technology's mission is to prepare students for the global workforce, provide opportunities for higher education, and contribute to their communities. Furthermore, the institution is dedicated to expanding knowledge through fundamental and applied research and catering to the diverse economic, cultural, and societal needs on a local, national, and international scale.


Official website here: www.fit.edu

Is Florida Institute Of Technology Inc legitimate?

Florida Institute Of Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Institute Of 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: $2,684,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,063,379

For more financial information, click here


Official website here: www.fit.edu

What is the mission statement of Florida Institute Of Technology Inc?

The Florida Institute of Technology is dedicated to delivering top-tier education to a multicultural student body. This preparation equips students to excel in the global workforce and pursue advanced education opportunities. In addition to education, the university strives to expand knowledge through both fundamental and applied research. The institution aims to address the diverse economic, cultural, and societal demands of various local, state, national, and international communities.


Official website here: www.fit.edu

Who is the CEO of Florida Institute Of Technology Inc?

Mr Robert King is the Principal Officer of Florida Institute Of Technology Inc.


Official website here: www.fit.edu

What is the revenue of Florida Institute Of Technology Inc?

Florida Institute Of Technology Inc's revenue in 2022 was $211,905,030.


Official website here: www.fit.edu

Who are the executives of Florida Institute Of Technology Inc and what are their salaries?

The average compensation at Florida Institute Of Technology Inc during 2022 was $27,515. There are 2,753 employees and 34 volunteers at Florida Institute Of Technology Inc.

Here are 49 key members and their salaries:

    T Dwayne Mccay (President/ C)
  • Compensation: $759,783
  • Related: $0
  • Other: $51,654

    • Marco Carvalho (Evp/ Provost)
  • Compensation: $383,135
  • Related: $0
  • Other: $49,369

    • Gary Grant (Svp)
  • Compensation: $277,866
  • Related: $0
  • Other: $47,485

    • Albino Campanini (Svp)
  • Compensation: $260,282
  • Related: $0
  • Other: $40,472

    • Michael Grieves (Former Inter)
  • Compensation: $262,115
  • Related: $0
  • Other: $26,763

    • Steven Shaw (Visiting Pro)
  • Compensation: $227,494
  • Related: $0
  • Other: $39,940

    • Hector Gutierrez (Professor)
  • Compensation: $199,789
  • Related: $0
  • Other: $41,574

    • Richard Aronson (Professor)
  • Compensation: $197,293
  • Related: $0
  • Other: $42,294

    • Brian Ehrlich (Vp)
  • Compensation: $191,351
  • Related: $0
  • Other: $42,137

    • Daniel Kirk (Professor)
  • Compensation: $191,031
  • Related: $0
  • Other: $30,778

    • Lisa Steelman (Dean)
  • Compensation: $185,260
  • Related: $0
  • Other: $32,628

    • Theodore Richardson (Dean)
  • Compensation: $185,871
  • Related: $0
  • Other: $28,938

    • Ming Zhang (Professor)
  • Compensation: $183,554
  • Related: $0
  • Other: $29,218

    • Michael Jones (Svp - July 1)
  • Compensation: $179,252
  • Related: $0
  • Other: $27,488

    • Dr Raymond A Armstrong (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Richard N Baney (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph Caruso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Brian Crane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Dale Detmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Kristen Dreggors (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ge Ann Dunwoody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Bobbie Dyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph M Flammio (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Doug Flutie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Thomas Folliard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Steven Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Svafa Gronfeldt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John R Hewitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Erik E Joh (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Dana Kilbourne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Richard P Mcneight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Kendall T Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William R Muns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James L Fisher Phd (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert L Phebus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Richard R Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William C Potter (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Alan L Prestwood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr D Travis Proctor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James E Pruitt (Trustee Emer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael Scafati (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Scott J Seymour (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Mahesh Shah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr F Alan Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Elizabeth J Swann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Vikram Verma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Tim Wakefield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr David Weldon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Wong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fit.edu

    Where can I find the form 990 for Florida Institute Of Technology Inc?

    The Florida Institute Of Technology Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fit.edu

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

    Mission Statement of Florida Institute Of Technology Inc

    Florida Institute of Technology, a renowned educational institution, is committed to delivering high-quality education to a multicultural student body. This mission is designed to prepare students for success in the global workforce, as well as pursue advanced educational opportunities. The university goes beyond academic excellence, striving to serve within their communities.

    Moreover, Florida Institute of Technology seeks to expand knowledge through both basic and applied research. By doing so, the institution aims to address the diverse economic, cultural, and societal needs of various local, state, national, and international constituencies. The university's primary goal is to provide students with a strong educational foundation, allowing them to make significant contributions in their respective fields and communities.

    In summary, Florida Institute of Technology is dedicated to fostering the intellectual growth and development of its students. Through its commitment to high-quality education, research, and community engagement, the institution is preparing the next generation of leaders to make a positive impact on the world.

    Impact

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




    Thursday, August 15, 2024

    Florida Institute Of Technology Inc's impact lies in its dedication to providing high-quality education to a culturally diverse student body, preparing students for the global workforce, higher education opportunities, and service within their communities. The university offers a wide range of undergraduate and graduate programs in fields such as engineering, science, aeronautics, psychology, liberal arts, business, and aviation. With a focus on both academic instruction and research, the institution serves the economic, cultural, and societal needs of local, state, national, and international constituencies. Through its educational initiatives, Florida Institute Of Technology Inc plays a significant role in shaping the future workforce and fostering knowledge expansion across various disciplines.





    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: $8,071,462
  • Program Service Revenue: $173,595,201
  • Gross Receipts: $255,596,997

    • Assets and Liabilities:
  • Total Assets: $365,997,588
  • Total Liabilities: $145,565,436
  • Net Assets: $220,432,152
  • Programs

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

    TUITION & FEES

    Revenue

    $138,859,201

    HOUSING & FOOD SERVICE

    Revenue

    $20,192,464

    FIT AVIATION, LLC

    Revenue

    $9,933,789

    OTHER

    Revenue

    $4,609,747

    Organization Details

    Founding Year

    1958

    Principal Officer

    Mr Robert King

    Main Address

    150 W UNIVERSITY BLVD, MELBOURNE, FL, 329016975

    NTEE Category

    Code: B42 - Education

    If you are a representative of Florida Institute Of Technology Inc 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.