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Filing year 2023

IIT RESEARCH INSTITUTE dba Pathology Associates

Chicago, Illinois·EIN 36-2169122·NTEE U200 · Science & Technology·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 · Schedule J · 11 reported individuals · Filing year 2023

President & Director
$452k
$501k
Base
$345k
Bonus
Other
Benefits
$17k
AVP & Business Development Manager
key employee
$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
$251k
$278k
Base
$199k
Bonus
Other
Benefits
$20k
Laboratory Biologist Iv/supervisor
highest compensated employee
$231k
$255k
Base
$195k
Bonus
Other
Benefits
$33k
Deputy Division Manager Toxicology
key employee
$222k
$246k
Base
$170k
Bonus
Other
Benefits
$710
Assistant Vice President & Director of Contracts
vice president
$215k
$238k
Base
$187k
Bonus
Other
Benefits
$44k
Head, Analytical Chemistry
key employee
$206k
$228k
Base
$191k
Bonus
Other
Benefits
$35k
Manager of IT & Cybersecurity
highest compensated employee
$201k
$223k
Base
$145k
Bonus
Other
Benefits
$22k
Deputy Division Manager
highest compensated employee
$193k
$214k
Base
$162k
Bonus
Other
Benefits
$7k
Manager, Human Resources
highest compensated employee
$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

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.

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 dba Pathology Associates 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 $111,215.

25th percentile
$35k
Median
$111,215
75th percentile
$231k
90th percentile
$443k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 255 organizations across 255 filings (2022 – 2023).

See full Science & Technology compensation data
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