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Filing year 2024

WEST VIRGINIA STATE UNIVERSITY RESEARCH & DEVELOPMENT CORPORATION

Institute, West Virginia·EIN 55-0708567·3
Total revenue
$21.9M
Total assets
$8.3M
Total expenses
$21.4M
Reported officers
15
Mission

TO FOSTER, SUPPORT, AND ASSIST IN ANY RESEARCH AND ECONOMIC DEVELOPMENT ACTIVITIES CONSISTENT WITH THE EDUCATIONAL OBJECTIVES AND MISSION OF WEST VIRGINIA STATE UNIVERSITY.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Vice Chair
board vice chair
$204k
$216k
Base
$182k
Bonus
Other
Benefits
$8k
Executive Director
$137k
$145k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Fell 7%
over 2 years

From $219k in 2022 to $204k in 2024.

$219k
2022
$199k
2023
$204k
2024
In today's dollarsEst.
Down 14% in real terms$250k to $216k

Estimated with BLS CPI-U for the South region, 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

WEST VIRGINIA STATE UNIVERSITY RESEARCH & DEVELOPMENT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$14.2M
$13.1M
2022
$16.4M
$15.7M
2023
$21.9M
$21.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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