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Filing year 2023

West Virginia University Innovation Corporation

Morgantown, West Virginia·EIN 61-1764272·NTEE U99 · Science & Technology·501(c)(3)
Total revenue
$1.5M
Total assets
$57.4M
Total expenses
$8.2M
Reported officers
18
Mission

To offer a wide range of strategic partnerships, academia, employment and community opportunities to the state, while promoting innovation and critical thinking within our workforce. Our vision is to catalyze economic growth and improve health outcomes through the advancement of science, medicine and technology in West Virginia and beyond.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

Wvuic President
Above 90th percentile
$645k
$705k
Base
$409k
Bonus
$123k
Other
$6k
Benefits
$30k
Wvuhs President/wvuic Director
Board President
Above 90th percentile
$409k
$447k
Wvuic Associate VP
Board Vice President
25th percentile to median
$197k
$215k
Base
$162k
Bonus
$17k
Other
$189
Benefits
$10k
Director Facilities Engineering
Highest Compensated Employee
25th percentile to median
$196k
$214k
Base
$152k
Bonus
$15k
Other
$951
Benefits
$22k
Manager Facilities Engineering
Highest Compensated Employee
10th to 25th percentile
$130k
$142k
Director Security
Highest Compensated Employee
10th to 25th percentile
$124k
$135k
Team Leader Facilities
Highest Compensated Employee
Below 10th percentile
$119k
$130k
Wvuhs Cfo/wvuic Director Starting August 2023
Board Member
Median to 75th percentile
$78k
$85k
Wvuhs AVP Senior Corporate Counsel/wvuic Assistant Secretary
Board Secretary
75th to 90th percentilevs all sectors nationwide
$43k
$47k
Wvu Associate VP for Finance Treasury/wvuic Assistant Treasurer
Vice President
10th to 25th percentile
$35k
$38k
Wvuhs Cfo/wvuic Director Through July 2023
Board Member
25th percentile to median
$26k
$28k
Wvu Deputy General Counsel for Innovation Research/wvuic Secretary
Secretary (Operational)
Below 10th percentile
$20k
$22k
Wvu VP for Strategic Initiatives/wvuic Director
Board Vice President
Below 10th percentile
$20k
$22k

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 5 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at West Virginia University Innovation Corporation equaled 8% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
8%
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.

Among peers

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

FAQ

Common questions about West Virginia University Innovation Corporation

What does the Chief Executive Officer of West Virginia University Innovation Corporation earn?

In 2023, the Chief Executive Officer of West Virginia University Innovation Corporation received $645,150 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Science & Technology organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at West Virginia University Innovation Corporation compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at West Virginia University Innovation Corporation falls in the top 10%. In 2023, the highest total compensation at West Virginia University Innovation Corporation equaled 8% of the organization's total expenses. The median for science & technology organizations is 9%.

What are West Virginia University Innovation Corporation's revenue and expenses?

In 2023, West Virginia University Innovation Corporation reported $1.5M in total revenue and $8.2M in total expenses on its IRS Form 990.

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