The Trustees of the Stevens Institute of Technology
Also known as Stevens Institute of Technology
The Trustees of the Stevens Institute of Technology reported $578.7 million in revenue and $534.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.51 went to program services, $7.29 to management and general costs and $1.20 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.3% of the total. The highest compensation it reported for one person was $1,296,964 (PRESIDENT/TRUSTEE). 521 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $534MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $579MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,296,964 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.24% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 521 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 16.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 of 33 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEducational instruction: in the academic year 2024-2025, stevens' enrollment was 4,236 undergraduate students and 4,233 graduate students. 1,068 students graduated with bachelor of engineering, science, business or arts degrees, 1,733 students received master's in engineering, science or business administration. 85 phd degrees were also conferred. In addition, stevens collaborated with numerous domestic and international universities and other educational programs to provide courses and training to international students. Stevens emphasizes innovation and teaches entrepreneurship throughout…
Research: the U.S. Department of defense supports stevens leadership of the systems engineering research center (serc), a university affiliated research center (uarc). The national science foundation supports the center for research for advancing financial technologies, an industry-university cooperative research center (iucrc). Stevens is recognized by the department of homeland security as a national center of excellence in information assurance as it supports the activities of the center for the advancement of secure systems and information assurance (cassia)
Student life: the university maintains a 55 acre campus in hoboken, new jersey and provides students with on and off campus housing as well as several dining facilities. Close interactions between professors and students allow for greater academic and social development. There are over 138 clubs, organizations and 23 varsity sports that offer the students ample opportunity to participate, broaden and enrich their student life. There are also 21 fraternities and sororities on campus. The s.c. Williams library serves as the university's intellectual, cultural and social center, capitalizing on…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/TRUSTEE Director/trustee, officer, 55.00 hrs/week | $1,262,010 | $0 | $34,954 | $1,296,964 |
| PROVOST & SVP FOR ACADEMIC AFFAIRS Key employee, 55.00 hrs/week | $615,862 | $0 | $57,139 | $673,001 |
| VP OF FINANCE/TREASURER, CFO Officer, 55.00 hrs/week | $494,006 | $0 | $57,139 | $551,145 |
| VP & GENERAL COUNSEL/SECRETARY Officer, 55.00 hrs/week | $503,489 | $0 | $44,711 | $548,200 |
| DEAN TO 8/31/24 & PROFESSOR Key employee, 55.00 hrs/week | $447,981 | $0 | $64,188 | $512,169 |
| SR. VICE PROVOST Key employee, 55.00 hrs/week | $449,530 | $0 | $57,139 | $506,669 |
| VICE PROVOST Highest compensated employee, 55.00 hrs/week | $439,051 | $0 | $54,994 | $494,045 |
| VICE PROVOST Key employee, 55.00 hrs/week | $435,684 | $0 | $57,139 | $492,823 |
521 people received more than $100,000 in reportable compensation from The Trustees of the Stevens Institute of Technology (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b33 · 27 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 54,330
- Volunteers Part I, line 61,016
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| COMPASS GROUP USA 417632 Dining sevices provider | $13,433,124 |
| NOODLE PARTNERS INC On-line course provider | $5,130,307 |
| UG2 LLC Cleaning services | $4,645,589 |
| TISHMAN CONSTRUCTION Building contractor | $3,362,058 |
| SORDONI CONSTRUCTION CO Building contractor | $3,020,251 |
Individuals listed as contractors are left out. 185 contractors were paid more than $100,000 in all.
Private foundation grants it received
45 private foundations reported grants to The Trustees of the Stevens Institute of Technology totaling $3.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Trustees of the Stevens Institute of Technology's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Trustees of the Stevens Institute of Technology, you can publish a response that is linked from this page.
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Of every $100 The Trustees of the Stevens Institute of Technology spent in FY2025, $91.51 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Sacred Heart UniversityFairfield, CT · revenue $576M · programs 88.6% · FY2025
- Belmont UniversityNashville, TN · revenue $579M · programs 74.7% · FY2025
- University of California San Francisco FoundationSan Francisco, CA · revenue $574M · programs 94.6% · FY2025
- University of VictoriaCanada, · revenue $581M · programs 84.3% · FY2025
- Stephen Siller Tunnel to Towers FoundationStaten Island, NY · revenue $559M · programs 88.0% · 2024
Questions people ask
How much of The Trustees of the Stevens Institute of Technology's spending goes to programs?
In the fiscal year ending June 30, 2025, The Trustees of the Stevens Institute of Technology reported that 91.5% of its $534.0 million in expenses went to program services, 7.3% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does The Trustees of the Stevens Institute of Technology pay its top executive?
The largest total compensation The Trustees of the Stevens Institute of Technology reported for one person in the fiscal year ending June 30, 2025 was $1,296,964, for the role of PRESIDENT/TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Trustees of the Stevens Institute of Technology get its money?
Of $578.7 million in revenue in the fiscal year ending June 30, 2025, 6.9% came from contributions and grants (including 0.5% from government grants) and 86.3% from program service revenue (Form 990, Part VIII).
Is The Trustees of the Stevens Institute of Technology a registered charity?
The IRS lists EIN 22-1487354 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601019349301020 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501269349302400 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410969349301341 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331089349301723 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230759349301303 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131059349301843 · read the filing
All filings for EIN 22-1487354: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.