Nonprofit · EIN 14-1340095
RENSSELAER POLYTECHNIC INSTITUTE
Tax-exempt · TROY, NY 12180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $737,196,871 | $732,523,751 | $4,673,120 | $1,754,467,322 | $785,414,450 | $969,052,872 |
| June 30, 2024 | 990 | $709,446,445 | $703,203,246 | $6,243,199 | $1,731,509,146 | $815,173,940 | $916,335,206 |
| June 30, 2023 | 990 | $666,573,071 | $642,598,495 | $23,974,576 | $1,697,301,020 | $854,095,721 | $843,205,299 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $144,480,567
- of which government grants
- $70,310,488
- Program service revenue
- $513,224,949
- Investment income
- $78,041,272
- Royalties
- $1,169,519
- Net rental income
- $229,678
- Net gain from sales of assets
- $57,602,770
- Net income from sales of inventory
- $30,886
- Other revenue
- $1,450,083
Expenses
- Grants and similar amounts paid
- $290,512,215
- Compensation of officers, directors and key employees
- $7,840,812
- Other salaries and wages
- $193,075,523
- Salaries, compensation and benefits (total)
- $255,598,600
- Professional fundraising fees
- $224,326
- Legal fees
- $2,968,742
- Accounting fees
- $370,894
- Occupancy
- $30,897,370
- Travel
- $7,006,598
- Depreciation
- $31,462,807
- Program services (functional)
- $644,181,343
- Management and general (functional)
- $78,388,419
- Fundraising (functional)
- $9,953,989
Balance sheet and other
- Total assets, start of year
- $1,731,509,146
- Total assets, end of year
- $1,754,467,322
- Total liabilities, end of year
- $785,414,450
- Net assets, end of year
- $969,052,872
- Land, buildings and equipment
- $600,528,697
- Publicly traded securities
- $447,142,580
- Net assets without donor restrictions
- $25,056,597
- Net assets with donor restrictions
- $943,996,275
- Gross unrelated business income
- $1,147,786
- Gross receipts
- $1,158,600,696
- Employees
- 5,136
- Volunteers
- 1,874
- Year formed
- 1824
- State of legal domicile
- NY
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 |
|---|---|---|---|---|
| Martin Schmidt | President Officer | 55 | $1,230,040 | $76,226 |
| Rebecca Doerge | Provost Officer | 40 | $676,131 | $53,481 |
| Jonathan Dordick | Vice President for Strategic Alliances and Translation Officer | 45 | $526,502 | $53,146 |
| Matthew Ter Molen | VP of Institute Advancement Officer | 40 | $508,202 | $62,907 |
| Craig Cook | Secretary and General Counsel Officer | 40 | $514,929 | $53,343 |
| John Kolb | Vice President for Information Services & CTO Officer | 40 | $498,472 | $52,143 |
| Eileen McLoughlin | Vice President for Finance and CFO Officer | 40 | $453,278 | $63,497 |
| Rosaline Lee | VP and Chief Strategy Officer for Institutional Impact Officer | 40 | $450,633 | $44,295 |
| Shekhar Garde | Dean, School of Engineering Key employee | 40 | $416,280 | $64,113 |
| Deepak Vashishth | Professor Highest-paid employee | 40 | $413,375 | $61,599 |
| Robert Hull | Vice President for Research Officer | 40 | $410,511 | $63,463 |
| Boleslaw Szymanski | Professor Highest-paid employee | 40 | $387,969 | $55,796 |
| Curtis Breneman | Dean, School of Science (Till December 2024) Highest-paid employee | 20 | $380,990 | $51,881 |
| James Hendler | Professor Highest-paid employee | 40 | $375,622 | $57,242 |
| Jonathan Wexler | Vice President for Enrollment (Till 12/31/2024) Officer | 20 | $378,342 | $39,072 |
30 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Evan Douglis | Dean, School of Architecture Highest-paid employee | 40 | $375,853 | $40,247 |
| Ernest Katzwinkel | VP of the Division of Administration Officer | 40 | $318,184 | $26,551 |
| Prabhat Hajela | Former Provost Former | 45 | $289,280 | $41,519 |
| Hannelore Rodriguez-Farrar | Vice President and Co-Head of the Office of Community Engagement and Communications Officer | 40 | $271,018 | $45,965 |
| Louis Padula | Vice President of Human Resources Officer | 40 | $252,594 | $47,087 |
| Pamela Smith | Vice President and Co-Head of the Office of Community engagement and Communications Officer | 40 | $227,800 | $36,419 |
| Peter Konwerski | Vice President for Student Life Officer | 45 | $223,361 | $36,283 |
| Carmella Mantello | Mayor-Elect of Troy Trustee or director | 2 | $0 | $0 |
| Curtis R Priem | Trustee Trustee or director | 2 | $0 | $0 |
| Daniel Pickett III | Trustee Trustee or director | 2 | $0 | $0 |
| Dario Gil | Trustee Trustee or director | 2 | $0 | $0 |
| David Ho | Trustee Trustee or director | 2 | $0 | $0 |
| Gary T DiCamillo | Trustee Trustee or director | 2 | $0 | $0 |
| Jackson P Tai | Trustee Trustee or director | 2 | $0 | $0 |
| Janet Rutledge | Trustee Trustee or director | 2 | $0 | $0 |
| Jeffrey L Kodosky | Trustee Trustee or director | 2 | $0 | $0 |
| John Bennett | Trustee Trustee or director | 2 | $0 | $0 |
| John Capek | Trustee Trustee or director | 2 | $0 | $0 |
| John E Kelly III | Trustee Trustee or director | 2 | $0 | $0 |
| Kate Murtagh | Trustee Trustee or director | 2 | $0 | $0 |
| Linda Jojo | Trustee Trustee or director | 2 | $0 | $0 |
| Mark M Little | Trustee Trustee or director | 2 | $0 | $0 |
| Mary Humiston | Trustee Trustee or director | 2 | $0 | $0 |
| Meghan Moulder | Trustee Trustee or director | 2 | $0 | $0 |
| Mukesh Chatter | Trustee Trustee or director | 2 | $0 | $0 |
| Paula L Simon | Trustee Trustee or director | 2 | $0 | $0 |
| Roderic Pettigrew | Trustee Trustee or director | 2 | $0 | $0 |
| Srinivasan Sivaram | Trustee Trustee or director | 2 | $0 | $0 |
| Theodore J Wojnar Jr | Trustee Trustee or director | 2 | $0 | $0 |
| Tom Capek | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Shirley Ann Jackson | Former President Former | 0 | $2,425,559 | $45,373 |
| Martin Schmidt | President Officer | 55 | $1,252,452 | $71,492 |
| Matthew Ter Molen | VP of Institute Advancement Officer | 40 | $536,798 | $71,391 |
| Prabhat Hajela | Former Provost Former | 45 | $561,296 | $40,507 |
| John Kolb | Vice President for Information Services & CTO Officer | 40 | $514,379 | $48,818 |
| Craig Cook | Secretary and General Counsel Officer | 40 | $508,942 | $48,325 |
| Jonathan Dordick | Vice President for Strategic Alliances and Translation Officer | 45 | $507,214 | $45,941 |
| Eileen McLoughlin | Vice President for Finance and CFO Officer | 40 | $455,649 | $57,155 |
| Curtis Powell | Former Vice President for Human Resources Former | 0 | $471,888 | $29,208 |
| Mary Simoni | Dean of Humanities, Arts, and Social Sciences (HASS) Highest-paid employee | 40 | $458,518 | $38,672 |
| Robert Hull | Vice President for Research Officer | 40 | $413,712 | $58,498 |
| Shekhar Garde | Dean, School of Engineering Key employee | 40 | $412,240 | $58,177 |
| Nalin Chanaka Edirisinghe | Acting Dean, Lally School of Management Highest-paid employee | 40 | $403,641 | $38,451 |
| Boleslaw Szymanski | Professor Highest-paid employee | 40 | $382,198 | $42,338 |
| Jonathan Wexler | Vice President for Enrollment Officer | 40 | $388,400 | $35,856 |
| James Hendler | Professor Highest-paid employee | 40 | $366,580 | $42,188 |
| Gaetano Montelione | Professor Highest-paid employee | 40 | $356,951 | $25,389 |
| Peter Konwerski | Vice President for Student Life Officer | 45 | $315,293 | $48,509 |
| Rosaline Lee | VP and Chief Strategy Officer for Institutional Impact Officer | 40 | $332,997 | $30,553 |
| Ernest Katzwinkel | VP of the Division of Administration Officer | 40 | $320,711 | $25,656 |
| Rebecca Doerge | Provost Officer | 40 | $321,137 | $18,202 |
| Louis Padula | Acting Vice President, Human Resources Officer | 40 | $258,581 | $36,107 |
| Pamela Smith | Vice President and Co-Head of the Office of Community engagement and Communications Officer | 40 | $194,483 | $27,139 |
| Hannelore Rodriguez-Farrar | Vice President and Co-Head of the Office of Community Engagement and Communications Officer | 40 | $41,321 | $0 |
| Carmella Mentello | Mayor-Elect of Troy as of 1/1/2024 Trustee or director | 2 | $0 | $0 |
| Curtis R Priem | Trustee Trustee or director | 2 | $0 | $0 |
| Daniel Pickett III | Trustee Trustee or director | 2 | $0 | $0 |
| Dario Gil | Trustee Trustee or director | 2 | $0 | $0 |
| David Ho | Trustee Trustee or director | 2 | $0 | $0 |
| Gary T DiCamillo | Trustee Trustee or director | 2 | $0 | $0 |
| Jackson P Tai | Trustee Trustee or director | 2 | $0 | $0 |
| Janet Rutledge | Trustee Trustee or director | 2 | $0 | $0 |
| Jeffrey L Kodosky | Trustee Trustee or director | 2 | $0 | $0 |
| John Bennett | Trustee Trustee or director | 2 | $0 | $0 |
| John Capek | Trustee Trustee or director | 2 | $0 | $0 |
| John E Kelly III | Trustee Trustee or director | 2 | $0 | $0 |
| Kate Murtagh | Trustee Trustee or director | 2 | $0 | $0 |
| Linda Jojo | Trustee Trustee or director | 2 | $0 | $0 |
| Mark M Little | Trustee Trustee or director | 2 | $0 | $0 |
| Mary Humiston | Trustee Trustee or director | 2 | $0 | $0 |
| Patrick Madden | Ex-Officio Member till 12/31/2023 Trustee or director | 2 | $0 | $0 |
| Paula L Simon | Trustee Trustee or director | 2 | $0 | $0 |
| Roderic Pettigrew | Trustee Trustee or director | 2 | $0 | $0 |
| Srinivasan Sivaram | Trustee Trustee or director | 2 | $0 | $0 |
| Theodore J Wojnar Jr | Trustee Trustee or director | 2 | $0 | $0 |
| Tom Capek | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Shirley Ann Jackson | Former President Former | 55 | $2,466,713 | $50,942 |
| Graig Eastin | Vice President for Institute Advancement Officer | 45 | $693,015 | $50,611 |
| Curtis Powell | Vice President for Human Resources (Till 12/31/2022) Officer | 50 | $590,273 | $40,391 |
| Prabhat Hajela | Provost (till 12/31/2022) Officer | 45 | $580,896 | $41,168 |
| Martin Schmidt | President Officer | 55 | $530,942 | $32,272 |
| John Kolb | Vice President for Information Services & CTO Officer | 40 | $497,626 | $39,082 |
| Craig Cook | Secretary and General Counsel Officer | 40 | $489,893 | $41,462 |
| Eileen McLoughlin | Vice President for Finance and CFO Officer | 40 | $442,630 | $61,073 |
| Jonathan Dordick | Professor and Special Assistant to the President for Research Former | 45 | $462,147 | $38,889 |
| Shekhar Garde | Dean, School of Engineering Key employee | 40 | $398,936 | $46,385 |
| Nalin Chanaka Edirisinghe | Acting Dean, Lally School of Management Highest-paid employee | 40 | $392,307 | $39,348 |
| Curtis Breneman | Dean, School of Science Highest-paid employee | 40 | $380,866 | $39,408 |
| Jonathan Wexler | Vice President for Enrollment Officer | 40 | $379,577 | $32,973 |
| Boleslaw Szymanski | Professor Highest-paid employee | 40 | $370,263 | $39,378 |
| Robert Hull | Vice President for Research Highest-paid employee | 40 | $360,604 | $46,140 |
| Mary Simoni | Acting Provost Highest-paid employee | 40 | $364,247 | $31,519 |
| Peter Konwerski | Vice President for Student Life Officer | 45 | $307,055 | $39,062 |
| Ernest Katzwinkel | VP of the Division of Administration Officer | 40 | $232,248 | $20,928 |
| Matthew Ter Molen | VP of Institute Advancement Officer | 40 | $36,000 | $0 |
| Rosaline Lee | VP and Chief Strategy Officer for Institutional Impact Officer | 40 | $8,500 | $0 |
| Arthur F Golden | Trustee Trustee or director | 2 | $0 | $0 |
| Curtis R Priem | Trustee Trustee or director | 2 | $0 | $0 |
| Daniel Pickett III | Trustee Trustee or director | 2 | $0 | $0 |
| David Ho | Trustee Trustee or director | 2 | $0 | $0 |
| David M Hirsch | Trustee Trustee or director | 2 | $0 | $0 |
| Edward J Zander | Trustee Trustee or director | 2 | $0 | $0 |
| Gary T DiCamillo | Trustee Trustee or director | 2 | $0 | $0 |
| Jackson P Tai | Trustee Trustee or director | 2 | $0 | $0 |
| Janet Rutledge | Trustee Trustee or director | 2 | $0 | $0 |
| Jeffrey L Kodosky | Trustee Trustee or director | 2 | $0 | $0 |
| John Bennett | Trustee Trustee or director | 2 | $0 | $0 |
| John Capek | Trustee Trustee or director | 2 | $0 | $0 |
| John E Kelly III | Trustee Trustee or director | 2 | $0 | $0 |
| Kate Murtagh | Trustee Trustee or director | 2 | $0 | $0 |
| Linda Jojo | Trustee Trustee or director | 2 | $0 | $0 |
| Mark M Little | Trustee Trustee or director | 2 | $0 | $0 |
| Mary Humiston | Trustee Trustee or director | 2 | $0 | $0 |
| Patrick Madden | Ex-Officio Member Trustee or director | 2 | $0 | $0 |
| Paula L Simon | Trustee Trustee or director | 2 | $0 | $0 |
| Roderic Pettigrew | Trustee Trustee or director | 2 | $0 | $0 |
| Roy N Davis | Trustee Trustee or director | 2 | $0 | $0 |
| Srinivasan Sivaram | Trustee Trustee or director | 2 | $0 | $0 |
| Theodore J Wojnar Jr | Trustee Trustee or director | 2 | $0 | $0 |
| Wanda Denson-Low | Trustee Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 110 8TH ST, TROY, NY 12180-3522
- In care of
- % MARTIN SCHMID
- Principal officer (990 for 2024)
- Martin Schmidt, 110 EIGHTH STREET, TROY, NY 12180
- Signed the 990
- Eileen McLoughlin, Vice President of Finance & CFO
- Phone
- (518) 276-6426
- Website
- www.rpi.edu
Mission
Rensselaer educates the leaders of tomorrow for technologically based careers. We celebrate discovery and the responsible application of technology to create knowledge and global prosperity.
Program accomplishments
- Instruction Number of students enrolled: Undergraduate: 5687 Graduate: 1280 Special: 54Expenses $242,159,742 · grants $27,137,519 · revenue $503,643,480
- Scholarships and Fellowships. Number of undergraduate students on scholarship: 5338 Number of graduate students on scholarships/fellowships: 1158Expenses $241,627,779 · grants $240,181,632
- Research Number of active research projects: 510Expenses $106,871,663 · grants $23,193,064
- Other Program Services include activities that further Rensselaer's exempt purpose. Auxiliary Number of housing units available: Dorm rooms - 2579 Single Apartments - 1026 Number of students on meal plans: 3,320Expenses $53,522,159 · revenue $9,581,469
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
- 14-1340095
- 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
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $1,754,467,322
- Income (IRS master file)
- $1,158,600,696
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $737,196,871 | $732,523,751 | $1,754,467,322 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $709,446,445 | $703,203,246 | $1,731,509,146 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $666,573,071 | $642,598,495 | $1,697,301,020 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $703,187,253 | $582,168,465 | $1,667,282,381 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 14-1340095).
Questions about RENSSELAER POLYTECHNIC INSTITUTE
- What is the EIN of RENSSELAER POLYTECHNIC INSTITUTE?
- The employer identification number (EIN) of RENSSELAER POLYTECHNIC INSTITUTE is 14-1340095.
- Is RENSSELAER POLYTECHNIC INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to RENSSELAER POLYTECHNIC INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RENSSELAER POLYTECHNIC INSTITUTE 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 RENSSELAER POLYTECHNIC INSTITUTE 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 RENSSELAER POLYTECHNIC INSTITUTE 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 RENSSELAER POLYTECHNIC INSTITUTE?
- The 990 for the year ended June 30, 2025 names Martin Schmidt.
- Who are the officers and directors of RENSSELAER POLYTECHNIC INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 45 people; 22 received compensation from the organization, the highest $1,230,040 (Martin Schmidt, President).
- How much revenue does RENSSELAER POLYTECHNIC INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $737,196,871, expenses of $732,523,751 and total assets of $1,754,467,322 at year end.
Other nonprofits in TROY
- RUSSELL SAGE COLLEGE EIN 14-1338488 · last filed 990 for 2025
- EMMA WILLARD SCHOOL EIN 14-1338390 · last filed 990 for 2025
- FACULTY STUDENT ASSOCIATION OF HUDSON VALLEY-COMMUNITY COLLEGE EIN 14-1401923 · last filed 990 for 2025
- HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC EIN 22-2427015 · last filed 990 for 2025
- SUSAN ODELL TAYLOR SCHOOL FOR CHILDREN EIN 14-1805402 · last filed 990 for 2025
- NEW YORK STATE NETWORK FOR YOUTH SUCCESS INC EIN 13-3841114 · last filed 990 for 2024
- TAU EPSILON PHI FRATERNITY EIN 47-2384115 · last filed 990 for 2025
- TECH VALLEY CENTER OF GRAVITY INCORPORATED EIN 90-0922584 · last filed 990 for 2024