EIN 59-6046500

Florida Institute of Technology (FIT)

IRS 501(c) type
501(c)(3)
Num. employees
2,753
State
Year formed
1958
Most recent tax filings
2022-06-01
Description
Florida Institute of Technology is an independent technological university that provides quality education, furthers knowledge through research, and serves the diverse needs of their local, state, national and international constituencies.
Total revenues
$211,905,030
2022
Total expenses
$178,859,614
2022
Total assets
$365,997,588
2022
Num. employees
2,753
2022

Program areas at FIT

Instruction and academic support the university instructed 3,496 undergraduate, 1,648 graduate and 549 doctorate students on campus and off campus sites. In addition, there were 3,623 online students in undergraduate and graduate programs. The university offers undergraduate and graduate programs in the following fields of study: engineering, science, aeronautics, psychology, liberal arts, business, aviation.
Student services, auxiliary enterprises, and other revenues major services provided are housing and dining. In addition, campus life revolves around the clemente center for sports and recreation, the denius student center and panther plaza. Students participate in a wide variety of intramural sports, more than 100 student organizations and 19 intercollegiate sports. From greek life to the college players theatrical organization, students are actively involved in the life of the campus community.

Who funds Florida Institute of Technology (FIT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Emil Buehler Perpetual TrustGeneral Operating$500,000
West Virginia University ResearchResearch$400,660
Lettie Pate Whitehead FoundationFor General Scholarship Support.$226,000
...and 46 more grants received totalling $2,117,757

Personnel at FIT

NameTitleCompensation
T Dwayne McCayPresident and Chief Executive Officer$759,783
Kathleen McDermottInterim Chief Financial Officer
Marsha BewersdorfCurrent Senior Vice President and Chief Financial Officer / Senior Vice President and Chief Financial Officer / Current Senior Vice President$285,327
Albino CampaniniSenior Vice President$260,282
Brian EhrlichVice President$191,351
...and 9 more key personnel

Financials for FIT

RevenuesFYE 06/2022
Total grants, contributions, etc.$29,346,904
Program services$173,595,201
Investment income and dividends$3,582,938
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$623,699
Net gain from sale of non-inventory assets$4,488,524
Net income from fundraising events$138,470
Net income from gaming activities$91,034
Net income from sales of inventory$0
Miscellaneous revenues$38,260
Total revenues$211,905,030

Form 990s for FIT

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-02990View PDF
2021-062022-05-12990View PDF
2020-062022-04-26990View PDF
2020-042021-04-06990View PDF
2019-042020-10-22990View PDF
...and 9 more Form 990s
Data update history
January 3, 2024
Received grants
Identified 11 new grant, including a grant for $500,000 from Emil Buehler Perpetual Trust
October 23, 2023
Received grants
Identified 5 new grant, including a grant for $104,142 from Corporation for Public Broadcasting
August 19, 2023
Received grants
Identified 39 new grant, including a grant for $400,660 from West Virginia University Research
July 11, 2023
Used new vendors
Identified 1 new vendor, including
July 9, 2023
Used new vendors
Identified 10 new vendors, including , , , , , , , , , and
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
150 W University Blvd
Melbourne, FL 32901
Metro area
Palm Bay-Melbourne-Titusville, FL
County
Brevard County, FL
Website URL
fit.edu/ 
Phone
(321) 674-8000
Facebook page
FloridaInstituteofTechnology 
Twitter profile
@floridatech 
IRS details
EIN
59-6046500
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
Free account sign-up

Want updates when FIT has new information, or want to find more organizations like Florida Institute of Technology (FIT)?

Create free Cause IQ account