EIN 22-1487354

Stevens Institute of Technology (SIT)

IRS 501(c) type
501(c)(3)
Num. employees
3,665
Year formed
1870
Most recent tax filings
2020-06-01
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...
The Trustees of the Stevens Institute of Technology

Program areas at SIT

Educational Instruction: In the academic year 2019-2020, Stevens' enrollment was 3,659 undergraduate students and 3,900 graduate students. 724 students graduated with bachelor of engineering, science or arts degrees, 1,344 students received master's in engineering, science, business administration or arts. 54 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: The research enterprise includes academic research, national 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: Stevens Institute 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 120 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 Institute'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.

Form 990s for SIT

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-21990View PDF
2019-062020-12-10990View PDF
2018-062019-05-14990View PDF
2017-062018-09-12990View PDF
2016-062017-09-29990View PDF
...and 6 more Form 990s

Who funds Stevens Institute of Technology (SIT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity FoundationEquipment$400,000
 View purchase optionsEducational Purposes$345,000
 View purchase optionsResearch$234,886
...and 47 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT LOAN PROGRAM$27,759,686
 View purchase options████ ████ ██ ███$░,░░░,░░░
 View purchase options████ ██ ██ ███$░,░░░,░░░
...and 247 more federal grants / contracts

Financials for SIT

RevenuesFYE 06/2020
Total grants, contributions, etc.$12,292,442
Program services$350,778,342
Investment income and dividends$7,472,404
Tax-exempt bond proceeds$0
Royalty revenue$119,552
Net rental income$599
Net gain from sale of non-inventory assets$9,172,922
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,086,501
Total revenues$382,922,762

Personnel at SIT

NameTitleCompensation
Louis MayerChief Financial Officer , Vice President for Finance and Treasurer / Chief Financial Officer , Vice President Finance , Treasur$423,386
David DoddVice President Information Technology and Chief Information Officer / Vice President for Info Technology$313,002
Robert MaffiaVice President for Facilities and Operations$303,044
 View purchase optionsInterim Vice President Information Technology$180,789
 View purchase optionsVice President for Development$187,245
...and 23 more key personnel

Organizations like SIT

OrganizationLocationRevenue
Regis UniversityDenver, CO$176,051,512
Brandeis UniversityWaltham, MA$457,392,877
Rice UniversityHouston, TX$976,544,472
Georgetown UniversityWashington, DC$1,684,831,601
Medical College of Wisconsin (MCW)Milwaukee, WI$1,286,151,484
The Culinary Institute of America (CIA)Hyde Park, NY$156,431,588
Rider UniversityLawrenceville, NJ$225,298,697
Drexel UniversityPhiladelphia, PA$1,329,522,543
Johnson & Wales UniversityProvidence, RI$403,272,641
Norwich UniversityNorthfield, VT$177,857,949
Case Western Reserve University (CWRU)Cleveland, OH$1,252,653,848
The George Washington University (GWU)Ashburn, VA$1,667,611,791
Salve Regina UniversityNewport, RI$118,742,613
Liberty UniversityLynchburg, VA$1,343,657,390
Baylor University (BU)Waco, TX$1,252,666,839
Nova Southeastern University (NSU)Fort Lauderdale, FL$777,842,794
Illinois Institute of Technology (IIT)Chicago, IL$410,466,852
Fordham UniversityBronx, NY$936,054,028
Rensselaer Polytechnic Institute (RPI)Troy, NY$653,047,178
Thomas Jefferson University (TJU)Philadelphia, PA$1,089,489,788
Rochester Institute of Technology (RIT)Rochester, NY$849,584,640
Brown UniversityProvidence, RI$1,482,840,270
Worcester Polytechnic Institute (WPI)Worcester, MA$384,496,935
Boston CollegeChestnut Hill, MA$1,223,122,663
Corporation of Gonzaga UniversitySpokane, WA$374,377,370
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$382,922,762
2020
Yearly growth
8.3%
% of revenues
n/a
Total expenses
$354,310,960
2020
Yearly growth
8.9%
% of expenses
n/a
Total assets
$845,203,088
2020
Yearly growth
38.4%
% of assets
n/a
Num. employees
3,665
2020
Yearly growth
13.5%
% of total
n/a
General information
Address
One 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