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Filing year 2023

IIT RESEARCH INSTITUTE

Chicago, Illinois·EIN 36-2169122·NTEE U200 · Science & Technology·501(c)(3)
Total revenue
$28.7M
Total assets
$42.2M
Total expenses
$27.3M
Reported officers
15
Mission

Perform basic research and preclinical efficacy assessments of new molecular entities being developed for the prevention and treatment of cancer and infectious disease. Discover new pathways and targets for the design and development of new small molecule therapeutics and biotherapeutic agents.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

President & Director
75th to 90th percentile
$452k
$501k
Base
$345k
Bonus
Other
Benefits
$17k
AVP & Business Development Manager
Business Manager
Above 90th percentilevs all sectors nationwide
$336k
$372k
Base
$160k
Bonus
$111k
Other
Benefits
$48k
AVP & Mgr Microbiology & Molecular Biology
Officer (Unspecified)
$254k
$281k
Base
$206k
Bonus
Other
Benefits
$16k
Attending Veterinarian
Highest Compensated Employee
Median to 75th percentile
$251k
$278k
Base
$199k
Bonus
Other
Benefits
$20k
Laboratory Biologist Iv/supervisor
Highest Compensated Employee
Median to 75th percentile
$231k
$255k
Base
$195k
Bonus
Other
Benefits
$33k
Deputy Division Manager Toxicology
Key Employee
25th percentile to median
$222k
$246k
Base
$170k
Bonus
Other
Benefits
$710
Assistant Vice President & Director of Contracts
Board Vice President
25th percentile to median
$215k
$238k
Base
$187k
Bonus
Other
Benefits
$44k
Head, Analytical Chemistry
Key Employee
25th percentile to median
$206k
$228k
Base
$191k
Bonus
Other
Benefits
$35k
Manager of IT & Cybersecurity
IT Manager
75th to 90th percentilevs all sectors nationwide
$201k
$223k
Base
$145k
Bonus
Other
Benefits
$22k
Deputy Division Manager
Highest Compensated Employee
25th percentile to median
$193k
$214k
Base
$162k
Bonus
Other
Benefits
$7k
Manager, Human Resources
Highest Compensated Employee
25th percentile to median
$173k
$192k
Base
$130k
Bonus
Other
Benefits
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IIT RESEARCH INSTITUTE equaled 2% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
2%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Held roughly steady
over 2 years

From $449k in 2021 to $452k in 2023.

$449k
2021
$465k
2022
$452k
2023
In today's dollarsEst.
Down 9% in real terms$552k to $501k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2021 to 2023, while revenue fell 4%.

$449k in 2021 to $452k in 2023.
  • Business Manager pay rose 6% from 2021 to 2023.
  • Highest Compensated Employee pay rose 10% from 2021 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IIT RESEARCH INSTITUTE reported revenue and expenses across 3 filing years.

RevenueExpenses
$29.9M
$25.5M
2021
$27.8M
$26M
2022
$28.7M
$27.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Science & Technology executives earn

Comparable science & technology organizations nationwide pay their highest-earning executive a median of $127,487.

25th percentile
$50k
Median
$127,487
75th percentile
$250k
90th percentile
$501k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 1,079 organizations across 1,079 filings (2020 – 2024).

See full Science & Technology compensation data
FAQ

Common questions about IIT RESEARCH INSTITUTE

What does the Chief Executive Officer of IIT RESEARCH INSTITUTE earn?

In 2023, the Chief Executive Officer of IIT RESEARCH INSTITUTE received $451,846 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Science & Technology organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IIT RESEARCH INSTITUTE compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at IIT RESEARCH INSTITUTE falls between the 75th and 90th percentiles. In 2023, the highest total compensation at IIT RESEARCH INSTITUTE equaled 2% of the organization's total expenses. The median for science & technology organizations is 9%.

What are IIT RESEARCH INSTITUTE's revenue and expenses?

In 2023, IIT RESEARCH INSTITUTE reported $28.7M in total revenue and $27.3M in total expenses on its IRS Form 990.

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