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Filing year 2023

Illinois Institute of Technology

Chicago, Illinois·EIN 36-2170136·NTEE B430 · Education·501(c)(3)
Total revenue
$444M
Total assets
$724.5M
Total expenses
$442.5M
Reported officers
101
Mission

TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 28 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

President
Above 90th percentile
$856k
$948k
Base
$780k
Bonus
Other
$25k
Benefits
$26k
Vice President
Above 90th percentile
$553k
$612k
Base
$330k
Bonus
Other
$198k
Benefits
$13k
Vice Provost, CIO
Chief Information Officer
Above 90th percentilevs Education peers nationwide
$507k
$561k
Base
$249k
Bonus
Other
$235k
Benefits
$12k
Provost, SVP Academic Affairs
Senior Vice President
75th to 90th percentilevs Education peers nationwide
$470k
$520k
Base
$416k
Bonus
Other
$15k
Benefits
$26k
Dean, Endow Chair, Prof of Econ.
Board Chair
Above 90th percentilevs Education peers nationwide
$466k
$516k
Base
$369k
Bonus
$62k
Other
$540
Benefits
$22k
Distinguished Bodine Professor
Highest Compensated Employee
Above 90th percentile
$445k
$492k
Base
$416k
Bonus
$2k
Other
$7k
Benefits
$9k
VP Enroll Mgmt Stud Affrs
Vice President
75th to 90th percentile
$423k
$469k
Base
$364k
Bonus
Other
$23k
Benefits
$24k
Professor and Dean Cos
Key Employee
Above 90th percentile
$420k
$466k
Base
$381k
Bonus
Other
$4k
Benefits
$24k
Director, Wiser/professor
Highest Compensated Employee
Above 90th percentile
$393k
$436k
Base
$335k
Bonus
$2k
Other
$29k
Benefits
$18k
Interim Dean
Key Employee
Above 90th percentile
$393k
$435k
Base
$305k
Bonus
$47k
Other
$7k
Benefits
$25k
Dean and Professor of Law
Key Employee
Above 90th percentile
$390k
$432k
Base
$359k
Bonus
$2k
Other
$1k
Benefits
$16k
Dean/prof Lewis College Science
Key Employee
Above 90th percentile
$370k
$410k
Base
$355k
Bonus
$2k
Other
$810
Benefits
$2k
Distinguished Professor
Highest Compensated Employee
Above 90th percentile
$360k
$399k
Base
$321k
Bonus
$3k
Other
$4k
Benefits
$25k
Professor
Highest Compensated Employee
Above 90th percentile
$358k
$397k
Base
Bonus
Other
$358k
Benefits
Prof of Biomedeng & Dir Idmet/former Key Employee
Former Officer/director/trustee
75th to 90th percentilevs Education peers nationwide
$349k
$387k
Base
$310k
Bonus
$2k
Other
$4k
Benefits
$26k
Dean-architecture, Rowe Chair
Board Chair
Above 90th percentilevs Education peers nationwide
$349k
$386k
Base
$303k
Bonus
$2k
Other
$26k
Benefits
$8k
Executive Director, Ifsh
75th to 90th percentile
$346k
$384k
Base
$336k
Bonus
Other
$1k
Benefits
$9k
Distinguished Professor/former Key Employee
Former Officer/director/trustee
75th to 90th percentilevs Education peers nationwide
$346k
$383k
Base
$279k
Bonus
$4k
Other
$28k
Benefits
$26k
Vice President for Data Analytics
Vice President
75th to 90th percentile
$334k
$370k
Base
$304k
Bonus
$2k
Other
$2k
Benefits
$16k
VP Finance /cfo
Vice President
75th to 90th percentile
$332k
$367k
Base
$304k
Bonus
Other
$1k
Benefits
$26k
Professor of Law/former Key Employee
Former Officer/director/trustee
75th to 90th percentilevs Education peers nationwide
$330k
$365k
Base
$287k
Bonus
$4k
Other
$13k
Benefits
$17k
VP of Administration
Vice President
75th to 90th percentile
$327k
$362k
Base
$301k
Bonus
Other
$7k
Benefits
$9k
Dean, Institute of Design
Key Employee
75th to 90th percentile
$324k
$359k
Base
$276k
Bonus
$15k
Other
$810
Benefits
$24k
Professor/former Key Employee
Former Officer/director/trustee
75th to 90th percentilevs Education peers nationwide
$318k
$352k
Base
$283k
Bonus
$8k
Other
$1k
Benefits
$16k
Interim VP of Advancement
Vice President
75th to 90th percentile
$278k
$308k
Base
$261k
Bonus
Other
$2k
Benefits
$8k
VP & Chief People Officer
Vice President
Median to 75th percentile
$269k
$297k
Base
$258k
Bonus
Other
$1k
Benefits
$2k
General Counsel
Officer (Unspecified)
$260k
$288k
Base
$226k
Bonus
Other
$1k
Benefits
$26k
Vice President, Extn'l Affairs
Vice President
Median to 75th percentile
$251k
$278k
Base
$243k
Bonus
Other
$787
Benefits

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 73 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Illinois Institute of Technology equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

$4k
$3k

Down 18%
from 2022

From $1M in 2022 to $856k in 2023.

$1M
2022
$856k
2023
In today's dollarsEst.
Down 20% in real terms$1.2M to $948k

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 fell 18% from 2022 to 2023, while revenue rose 22%.

$1M in 2022 to $856k in 2023.
  • Vice President pay rose 17% from 2022 to 2023.
  • Chief Information Officer pay rose 49% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Illinois Institute of Technology

What does the Chief Executive Officer of Illinois Institute of Technology earn?

In 2023, the Chief Executive Officer of Illinois Institute of Technology received $855,831 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Illinois Institute of Technology compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at Illinois Institute of Technology falls in the top 10%. In 2023, the highest total compensation at Illinois Institute of Technology equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are Illinois Institute of Technology's revenue and expenses?

In 2023, Illinois Institute of Technology reported $444M in total revenue and $442.5M in total expenses on its IRS Form 990.

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