Nonprofit · EIN 04-1958460
WENTWORTH INSTITUTE OF TECHNOLOGY
Also known as BUSS OFFICE
Tax-exempt · BOSTON, MA 02115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $227,800,593 | $233,707,418 | -$5,906,825 | $491,885,620 | $209,586,890 | $282,298,730 |
| June 30, 2024 | 990 | $201,041,519 | $210,890,595 | -$9,849,076 | $499,876,599 | $219,891,097 | $279,985,502 |
| June 30, 2023 | 990 | $193,468,355 | $197,512,979 | -$4,044,624 | $493,989,600 | $221,860,098 | $272,129,502 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,020,073
- of which government grants
- $2,935,925
- Program service revenue
- $208,845,926
- Investment income
- $9,958,751
- Net gain from sales of assets
- $5,618,264
- Net income from fundraising events
- -$16,394
- Other revenue
- $975,843
Expenses
- Grants and similar amounts paid
- $81,214,416
- Compensation of officers, directors and key employees
- $4,942,438
- Other salaries and wages
- $62,629,636
- Salaries, compensation and benefits (total)
- $83,457,808
- Professional fundraising fees
- $0
- Legal fees
- $111,093
- Accounting fees
- $224,905
- Occupancy
- $9,908,766
- Travel
- $2,338,809
- Depreciation
- $17,146,249
- Program services (functional)
- $201,340,542
- Management and general (functional)
- $28,515,545
- Fundraising (functional)
- $3,851,331
Balance sheet and other
- Total assets, start of year
- $499,876,599
- Total assets, end of year
- $491,885,620
- Total liabilities, end of year
- $209,586,890
- Net assets, end of year
- $282,298,730
- Land, buildings and equipment
- $285,591,348
- Publicly traded securities
- $111,474,011
- Net assets without donor restrictions
- $202,778,919
- Net assets with donor restrictions
- $79,519,811
- Gross unrelated business income
- $67,498
- Gross receipts
- $277,068,003
- Employees
- 2,141
- Volunteers
- 150
- Year formed
- 1904
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK A THOMPSON | PRESIDENT Trustee or director, Officer | 40 | $725,167 | $100,608 |
| ROBERT L TOTINO | VP FINANCE & CFO (UNTIL 7/1/24) Officer | 40 | $439,538 | $37,148 |
| SOPHIA A MAGGELAKIS | EXECUTIVE VP & PROVOST Officer | 40 | $417,120 | $40,526 |
| ELIZABETH HERBERT | VP INSTITUTIONAL ADVANCEMENT Officer | 40 | $309,296 | $35,924 |
| VISHVAS PARADKAR | VP OF TECHNOLOGY & CIO Officer | 40 | $278,156 | $65,930 |
| JOSEPH MARTEL-FOLEY | VICE PROVOST Highest-paid employee | 40 | $232,803 | $71,739 |
| MASOUD OLIA | PROFESSOR Highest-paid employee | 40 | $224,171 | $68,321 |
| SUZANNE MURPHY | VP AND CHIEF HR OFFICER Officer | 40 | $225,079 | $64,447 |
| LYNN MCCORMICK | VP GENERAL COUNSEL Officer | 40 | $242,691 | $41,607 |
| NICOLE G PRICE | VP FOR INCLUSIVE EXCELLENCE Officer | 40 | $221,378 | $60,905 |
| COURTNEY MCKENNA | VP FOR STUDENT AFFAIRS Officer | 40 | $241,349 | $39,839 |
| DAVID WAHLSTROM | VP FOR BUSINESS Officer | 40 | $214,901 | $63,040 |
| ERIK COTE | VP FOR STRATEGY & PLANNING Officer | 40 | $240,060 | $37,315 |
| ALI K KHABARI | DEAN Highest-paid employee | 40 | $216,920 | $57,519 |
| FREDERICK TRILLING | PROFESSOR Highest-paid employee | 40 | $219,693 | $53,944 |
30 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| EDWARD REED | CHIEF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $214,264 | $55,186 |
| JOSEPH DACEY | VP OF ENROLLMENT MANAGEMENT Officer | 40 | $161,785 | $32,779 |
| MATT GRUBER AS OF 101524 | SR. VP, FINANCE & ADMINISTRATION Officer | 40 | $76,081 | $8,031 |
| ROSEMARIE A CONTI | CHAIR (AS OF 9/12/24) Trustee or director, Officer | 4 | $0 | $0 |
| GREGORY B JANEY | CHAIR (UNTIL 9/12/24) Trustee or director, Officer | 4 | $0 | $0 |
| DOUGLAS J KARAM | VICE CHAIR (AS OF 9/12/24) Trustee or director, Officer | 4 | $0 | $0 |
| RICHARD GRUNDY | SECRETARY (AS OF 9/12/24) Trustee or director, Officer | 4 | $0 | $0 |
| TRAVIS MCCREADY | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| R VICKIE ALANI | TRUSTEE (AS OF 6/18/25) Trustee or director | 4 | $0 | $0 |
| YANEL DE ANGEL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| NOELLE BENAVIDES | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DAVID C BLITTERSDORF | TRUSTEE Trustee or director | 4 | $0 | $0 |
| ANTHONY BOND | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KELLY BREWER | TRUSTEE (AS OF 6/18/25) Trustee or director | 4 | $0 | $0 |
| JEROME H CASEY | TRUSTEE (UNTIL 9/12/24) Trustee or director | 4 | $0 | $0 |
| MICHAEL CARRAGHER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LLOYD A CARNEY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DAVID CHANG | TRUSTEE Trustee or director | 4 | $0 | $0 |
| PAUL CHRESTENSEN | TRUSTEE (UNTIL 6/2/25) Trustee or director | 4 | $0 | $0 |
| THOMAS COMEAU | TRUSTEE (AS OF 6/18/25) Trustee or director | 4 | $0 | $0 |
| SCOTT EPSTEIN | TRUSTEE (AS OF 9/12/24) Trustee or director | 4 | $0 | $0 |
| CASEY GALANTE | TRUSTEE Trustee or director | 4 | $0 | $0 |
| CYNDEE HOAGLAND | TRUSTEE (AS OF 9/12/24) Trustee or director | 4 | $0 | $0 |
| ANIL JHA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KATHLEEN MACNEIL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL SANTORA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| AL SPAGNOLO | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MARK STOEVER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KENNETH TURNER | TRUSTEE (UNTIL 9/12/24) Trustee or director | 4 | $0 | $0 |
| KATIE MCGRATH | VP & CFO (AS OF 6/16/25) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 43 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK A THOMPSON | PRESIDENT Trustee or director, Officer | 40 | $762,853 | $59,268 |
| SOPHIA A MAGGELAKIS | PROVOST Officer | 40 | $442,087 | $40,297 |
| ROBERT L TOTINO | VP FOR FINANCE & CFO Officer | 40 | $308,251 | $59,577 |
| KRISTIN TICHENOR | VP FOR ENROLLMENT MANAGEMENT Officer | 40 | $286,526 | $52,293 |
| ELIZABETH HERBERT | VP FOR INSTITUTIONAL ADVANCEMENT Officer | 40 | $298,683 | $30,564 |
| VISHVAS PARADKAR | VP OF TECHNOLOGY & CIO Officer | 40 | $270,804 | $50,629 |
| LYNN MCCORMICK | VP GENERAL COUNSEL Officer | 40 | $239,292 | $36,268 |
| COURTNEY MCKENNA | VP FOR STUDENT AFFAIRS Officer | 40 | $232,955 | $34,487 |
| NICOLE G PRICE | VP FOR INCLUSIVE EXCELLENCE Officer | 40 | $209,645 | $47,969 |
| JOSEPH MARTEL-FOLEY | VICE PROVOST Highest-paid employee | 40 | $202,102 | $53,756 |
| MASOUD OLIA | PROFESSOR Highest-paid employee | 40 | $208,265 | $46,927 |
| DAVID WAHLSTROM | VP FOR BUSINESS Officer | 40 | $207,137 | $47,817 |
| ALI K KHABARI | DEAN Highest-paid employee | 40 | $204,012 | $50,217 |
| EDWARD REED | CHIEF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $204,775 | $44,099 |
| ERIK COTE | VP FOR STRATEGY & PLANNING Officer | 40 | $218,459 | $29,812 |
| SUSAN DUFFY | ASSOCIATE PROVOST Highest-paid employee | 40 | $199,919 | $32,009 |
| GREGORY B JANEY | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ROSEMARIE A CONTI | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| YANEL DE ANGEL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| NOELLE BENAVIDES | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DAVID C BLITTERSDORF | TRUSTEE Trustee or director | 4 | $0 | $0 |
| ANTHONY BOND | TRUSTEE Trustee or director | 4 | $0 | $0 |
| LLOYD A CARNEY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL CARRAGHER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| JEROME H CASEY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DAVID CHANG | TRUSTEE Trustee or director | 4 | $0 | $0 |
| PAUL CHRESTENSEN | TRUSTEE Trustee or director | 4 | $0 | $0 |
| CASEY GALANTE | TRUSTEE Trustee or director | 4 | $0 | $0 |
| RICK GRUNDY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| PAUL A GUARRACINO | TRUSTEE (UNTIL 12/23) Trustee or director | 4 | $0 | $0 |
| RYAN E HUTCHINS | TRUSTEE (UNTIL 9/23) Trustee or director | 4 | $0 | $0 |
| ANIL JHA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DOUGLAS J KARAM | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| LAWRENCE LAFRENIERE | TREASURER (UNTIL 11/23) Trustee or director, Officer | 4 | $0 | $0 |
| JOHN M LYNCH | TRUSTEE (UNTIL 7/23) Trustee or director | 4 | $0 | $0 |
| KATHLEEN MACNEIL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| TRAVIS MCCREADY | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| GARY J MILLER | TRUSTEE (UNTIL 2/24) Trustee or director | 4 | $0 | $0 |
| JOHN PINI | TRUSTEE (UNTIL 5/24) Trustee or director | 4 | $0 | $0 |
| MICHAEL SANTORA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| AL SPAGNOLO | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MARK STOEVER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KENNETH TURNER | TRUSTEE Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK A THOMPSON | PRESIDENT Trustee or director, Officer | 40 | $860,704 | $56,004 |
| ROBERT L TOTINO | VP FOR FINANCE & CFO Officer | 40 | $311,952 | $58,762 |
| VISHVAS PARADKAR | VP OF TECHNOLOGY & CIO Officer | 40 | $265,587 | $58,974 |
| KRISTIN TICHENOR | VP FOR ENROLLMENT MANAGEMENT Officer | 40 | $271,146 | $48,501 |
| ELIZABETH HERBERT | VP FOR INSTITUTIONAL ADVANCEMENT Officer | 40 | $290,457 | $28,407 |
| LYNN MCCORMICK | VP GENERAL COUNSEL Officer | 40 | $239,787 | $32,728 |
| DAVID WAHLSTROM | VP FOR BUSINESS Officer | 40 | $214,157 | $45,776 |
| CINDY P STEVENS | PROGRAM DIR & ACCREDITATION MANAGER Highest-paid employee | 40 | $227,555 | $29,785 |
| MASOUD OLIA | PROFESSOR Highest-paid employee | 40 | $206,141 | $46,393 |
| SEYED H NOORIAN | PROFESSOR Highest-paid employee | 40 | $205,877 | $44,956 |
| DAVID GILMORE | ASSOCIATE VP FOR FINANCE Highest-paid employee | 40 | $196,760 | $42,167 |
| MELANIE DESANTIS UNTIL 323 | VP OF EE RELATIONS & ENGAGEMENT Officer | 40 | $206,047 | $29,177 |
| MANSOUR SENOUZI | PROFESSOR Highest-paid employee | 40 | $190,982 | $42,318 |
| NICOLE G PRICE | VP FOR DIVERSITY EQUITY & INCLUSION Officer | 40 | $181,717 | $42,882 |
| AMY INTILLE UNTIL 323 | VP FOR EXECUTIVE AFFAIRS Officer | 40 | $193,717 | $19,565 |
| COURTNEY MCKENNA | VP FOR STUDENT AFFAIRS Officer | 40 | $182,060 | $27,548 |
| IAN LAPP UNTIL 1221 | FMR SENIOR VP ACAD AFFAIRS/PROVOST Former | 40 | $202,114 | $4,227 |
| SOPHIA A MAGGELAKIS | PROVOST Officer | 40 | $183,629 | $14,067 |
| ERIK COTE | CHIEF OF STAFF Officer | 40 | $162,562 | $23,804 |
| GREGORY B JANEY | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| JEROME H CASEY | VICE CHAIR (UNTIL 10/22)/TRUSTEE Trustee or director, Officer | 4 | $0 | $0 |
| ROSEMARIE A CONTI | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| RYAN E HUTCHINS | SECRETARY (UNTIL 10/22)/TRUSTEE Trustee or director, Officer | 4 | $0 | $0 |
| YANEL DE ANGEL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| NOELLE BENAVIDES | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DAVID C BLITTERSDORF | TRUSTEE Trustee or director | 4 | $0 | $0 |
| ANTHONY BOND | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL CARRAGHER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| STEPHEN F FUSI | TRUSTEE (UNTIL 9/22) Trustee or director | 4 | $0 | $0 |
| ERIC GREENE | TRUSTEE Trustee or director | 4 | $0 | $0 |
| RICK GRUNDY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| PAUL A GUARRACINO | TRUSTEE Trustee or director | 4 | $0 | $0 |
| ANIL JHA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| DOUGLAS J KARAM | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| LAWRENCE LAFRENIERE | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| JOHN M LYNCH | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KATHLEEN MACNEIL | TRUSTEE Trustee or director | 4 | $0 | $0 |
| P MICHAEL MASTERSON | TRUSTEE (UNTIL 9/22) Trustee or director | 4 | $0 | $0 |
| TRAVIS MCCREADY | TRUSTEE Trustee or director | 4 | $0 | $0 |
| GARY J MILLER | TRUSTEE Trustee or director | 4 | $0 | $0 |
| JOHN PINI | TRUSTEE Trustee or director | 4 | $0 | $0 |
| MICHAEL SANTORA | TRUSTEE Trustee or director | 4 | $0 | $0 |
| AL SPAGNOLO | TRUSTEE Trustee or director | 4 | $0 | $0 |
| KENNETH TURNER | TRUSTEE Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 550 HUNTINGTON AVE, BOSTON, MA 02115-5901
- Principal officer (990 for 2024)
- MARK A THOMPSON, 550 HUNTINGTON AVENUE, BOSTON, MA 021155998
- Signed the 990
- KATIE MCGRATH, VP & CHIEF FINANCIAL OFFICER
- Phone
- (617) 989-4011
- Website
- WWW.WIT.EDU
- Return prepared by
- CBIZ ADVISORS LLC
Mission
WENTWORTH INSTITUTE OF TECHNOLOGY IS A NATIONALLY RECOGNIZED PRIVATE COEDUCATIONAL AND RESIDENTIAL UNIVERSITY OF HIGHER EDUCATION WITH A MISSION TO EMPOWER, INSPIRE AND INNOVATE THROUGH EXPERIENTIAL LEARNING WITH A CORE PURPOSE OF CAREER SUCCESS.
Program accomplishments
- WENTWORTH INSTITUTE OF TECHNOLOGY, INC. (THE "UNIVERSITY") LOCATED IN BOSTON, MASSACHUSETTS IS A PRIVATE, COEDUCATIONAL INSTITUTION FOUNDED IN 1904 AND ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION, INC. AMONG OTHER ACCREDITING BODIES. THE UNIVERSITY PROVIDES ACADEMIC, RESIDENTIAL AND OTHER SERVICES TO A VARIED STUDENT POPULATION OF APPROXIMATELY 4,200, PREDOMINATELY FROM THE NORTHEAST REGION OF THE UNITED STATES, AS WELL AS FROM APPROXIMATELY 30 U.S. STATES AND 70 FOREIGN COUNTRIES.Expenses $201,340,542 · grants $81,214,416 · revenue $209,838,163
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-1958460
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1929
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $491,885,620
- Income (IRS master file)
- $277,068,003
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $227,800,593 | $233,707,418 | $491,885,620 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $201,041,519 | $210,890,595 | $499,876,599 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $193,468,355 | $197,512,979 | $493,989,600 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $193,916,069 | $195,347,347 | $436,166,327 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-1958460).
Questions about WENTWORTH INSTITUTE OF TECHNOLOGY
- What is the EIN of WENTWORTH INSTITUTE OF TECHNOLOGY?
- The employer identification number (EIN) of WENTWORTH INSTITUTE OF TECHNOLOGY is 04-1958460.
- Is WENTWORTH INSTITUTE OF TECHNOLOGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1929.
- Are donations to WENTWORTH INSTITUTE OF TECHNOLOGY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WENTWORTH INSTITUTE OF TECHNOLOGY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WENTWORTH INSTITUTE OF TECHNOLOGY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WENTWORTH INSTITUTE OF TECHNOLOGY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WENTWORTH INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 names MARK A THOMPSON.
- Who are the officers and directors of WENTWORTH INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 lists 45 people; 18 received compensation from the organization, the highest $725,167 (MARK A THOMPSON, PRESIDENT).
- How much revenue does WENTWORTH INSTITUTE OF TECHNOLOGY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $227,800,593, expenses of $233,707,418 and total assets of $491,885,620 at year end.
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