EIN 22-1487354

The Trustees of the Stevens Institute of Technology (SIT)

IRS 501(c) type
501(c)(3)
Num. employees
4,089
Year formed
1870
Most recent tax filings
2023-06-01
Description
Stevens Institute of Technology is a private coeducational research university in Hoboken, New Jersey. It is one of the oldest technological universities in the United States and was the first college in America solely dedicated to mechanical engineer...
Also known as...
Stevens Institute of Technology
Total revenues
$505,884,074
2023
Total expenses
$476,905,827
2023
Total assets
$1,006,999,231
2023
Num. employees
4,089
2023

Program areas at SIT

Educational instruction: in The academic year 2022-2023, Stevens' enrollment was 4,070 undergraduate students and 5,244 graduate students. 948 students graduated with bachelor of engineering, science, business or arts degrees, 2,352 students received master's in engineering, science or business administration. 66 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 its curriculum with The aim of enabling The integration of technological and market knowledge.
Research: research centers and cross-disciplinary research initiatives with affiliated organizations and infrastructure. Creative and entrepreneural research is an integral part of The Stevens mission. The Institute has been recognized by both The u.s. department of defense and The department of homeland security as a national center of excellence in The areas of systems engineering, port security and information assurance.
Student life: The university maintains a 55 acre campus in hoboken, new jersey and provides students with on campus 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 173 clubs, organizations and varsity sports that offer The students ample opportunity to participate, broaden and enrich their student life. The s.c. williams library serves as The university's intellectual, cultural and social center capitalizing on a resourceful staff and new technologies to foster a stimulating environment for teaching, learning and scientific discovery.

Who funds The Trustees of the Stevens Institute of Technology (SIT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
A James and Alice B Clark FoundationClark Scholars Program$3,000,000
Howind Charitable TrustGeneral Charitable Purposes$970,537
TT WH Oliver Etnier 026813-000General Operating Fund$556,282
...and 91 more grants received totalling $8,022,194

Personnel at SIT

NameTitleCompensation
Louis MayerChief Financial Officer , Vice President for Finance and Treasurer$460,230
Karen S. CarolonzaVice President, Operational Commercial Programs and Was Responsible for Developing and Managing the Product Line Life - Cycle Strategies and Ensuring Customer Requirements$0
Robert MaffiaVice President for Facilities and Operations / Vice President for Facilities and Campus Operations$328,364
Tejash PatelVice President for Information Technology$361,870
Laura RoseVice President for Development and Alum$389,642
...and 21 more key personnel

Financials for SIT

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,833,337
Program services$472,932,747
Investment income and dividends$8,940,055
Tax-exempt bond proceeds$0
Royalty revenue$166,973
Net rental income$55,178
Net gain from sale of non-inventory assets$3,502,039
Net income from fundraising events$-91,507
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,545,252
Total revenues$505,884,074

Form 990s for SIT

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-05990View PDF
2022-062023-04-18990View PDF
2021-062022-03-16990View PDF
2020-062021-04-21990View PDF
2019-062020-12-10990View PDF
...and 9 more Form 990s

Organizations like SIT

OrganizationLocationRevenue
Georgetown UniversityWashington, DC$1,922,844,840
Adelphi University (AU)Garden City, NY$317,638,536
Drexel UniversityPhiladelphia, PA$1,412,910,056
Hofstra UniversityHempstead, NY$653,515,145
Baylor University (BU)Waco, TX$1,454,111,582
Dartmouth CollegeHanover, NH$1,603,346,438
Lehigh UniversityBethlehem, PA$695,392,244
Nova Southeastern University (NSU)Fort Lauderdale, FL$937,818,588
Fordham UniversityBronx, NY$1,017,256,067
William Marsh Rice UniversityHouston, TX$1,125,640,523
Data update history
August 26, 2024
Received grants
Identified 35 new grant, including a grant for $556,282 from TT WH Oliver Etnier 026813-000
July 18, 2024
Updated personnel
Identified 5 new personnel
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1 Castle Point on Hudson
Hoboken, NJ 07030
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Hudson County, NJ
Website URL
stevens.edu/ 
Phone
(201) 216-5000
Facebook page
Stevens1870 
Twitter profile
@followstevens 
IRS details
EIN
22-1487354
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1870
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0254992
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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