Nonprofit · EIN 22-1487354
THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY
Tax-exempt · HOBOKEN, NJ 07030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $578,721,102 | $533,969,060 | $44,752,042 | $1,140,670,011 | $404,660,892 | $736,009,119 |
| June 30, 2024 | 990 | $536,669,795 | $509,502,464 | $27,167,331 | $1,056,523,320 | $420,497,769 | $636,025,551 |
| June 30, 2023 | 990 | $505,884,074 | $476,905,827 | $28,978,247 | $1,006,999,231 | $428,021,172 | $578,978,059 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $40,116,227
- of which government grants
- $2,748,981
- Program service revenue
- $499,435,017
- Investment income
- $23,541,954
- Royalties
- $188,183
- Net rental income
- $57,210
- Net gain from sales of assets
- $10,152,490
- Net income from fundraising events
- -$189,232
- Other revenue
- $15,627,904
Expenses
- Grants and similar amounts paid
- $138,662,148
- Compensation of officers, directors and key employees
- $9,839,807
- Other salaries and wages
- $168,357,227
- Salaries, compensation and benefits (total)
- $219,661,451
- Professional fundraising fees
- $209,246
- Legal fees
- $759,431
- Accounting fees
- $678,643
- Occupancy
- $2,931,788
- Travel
- $5,274,476
- Depreciation
- $27,796,439
- Program services (functional)
- $488,640,446
- Management and general (functional)
- $38,926,731
- Fundraising (functional)
- $6,401,883
Balance sheet and other
- Total assets, start of year
- $1,056,523,320
- Total assets, end of year
- $1,140,670,011
- Total liabilities, end of year
- $404,660,892
- Net assets, end of year
- $736,009,119
- Land, buildings and equipment
- $563,760,142
- Publicly traded securities
- $352,584,808
- Net assets without donor restrictions
- $353,291,164
- Net assets with donor restrictions
- $382,717,955
- Gross unrelated business income
- $451,918
- Gross receipts
- $698,584,005
- Employees
- 4,330
- Volunteers
- 1,016
- Year formed
- 1870
- State of legal domicile
- NJ
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 |
|---|---|---|---|---|
| NARIMAN FARVARDIN | PRESIDENT/TRUSTEE Trustee or director, Officer | 55 | $1,262,010 | $34,954 |
| JIANMIN QU | PROVOST & SVP FOR ACADEMIC AFFAIRS Key employee | 55 | $615,862 | $57,139 |
| LOUIS J MAYER | VP OF FINANCE/TREASURER, CFO Officer | 55 | $494,006 | $57,139 |
| KATHY L SCHULZ | VP & GENERAL COUNSEL/SECRETARY Officer | 55 | $503,489 | $44,711 |
| GREGORY PRASTACOS | DEAN TO 8/31/24 & PROFESSOR Key employee | 55 | $447,981 | $64,188 |
| CONSTANTIN CHASSAPIS | SR. VICE PROVOST Key employee | 55 | $449,530 | $57,139 |
| DAVID ZENG | VICE PROVOST Highest-paid employee | 55 | $439,051 | $54,994 |
| EDMUND SYNAKOWSKI | VICE PROVOST Key employee | 55 | $435,684 | $57,139 |
| JEAN ZU | DEAN Key employee | 55 | $445,533 | $42,522 |
| MUHAMMAD HAJJ | DEPARTMENT CHAIR Highest-paid employee | 55 | $428,361 | $57,174 |
| DINESH VERMA | PROFESSOR/EXEC DIR OF SERC Highest-paid employee | 55 | $405,349 | $62,276 |
| ELISABETH MCGRATH | VP FOR UNIV RELATIONS Key employee | 55 | $436,157 | $27,776 |
| LAURA ROSE | VP FOR DEV/ALUM Key employee | 55 | $404,270 | $56,759 |
| GEORGE KORFIATIS | PROFESSOR Highest-paid employee | 55 | $400,005 | $57,174 |
| CHRISTOPHE PIERRE | FORMER KEY & PROFESSOR Former | 55 | $384,808 | $59,071 |
51 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT MAFFIA | VP FOR FACILITIES & CAMPUS OPS Key employee | 55 | $368,982 | $64,188 |
| SOURAN MANOOCHEHRI | PROFESSOR & DEPT CHAIR Highest-paid employee | 55 | $375,999 | $43,469 |
| SHERAINE GILLIAM | CHRO, VP FOR HUMAN RESOURCES Key employee | 55 | $356,008 | $37,811 |
| CINDY CHIN | VICE PRESIDENT FOR ENROLLMENT MGMT Key employee | 55 | $348,633 | $24,580 |
| ANTHONY BARRESE | DIR CORE CURR & FAC DEV TO 8/31/24 Key employee | 55 | $312,793 | $53,855 |
| SARA KLEIN | VICE PRESIDENT FOR STUDENT AFFAIRS Key employee | 55 | $316,002 | $40,574 |
| DIBYENDU DIBS SARKAR | TRUSTEE/PROFESSOR Trustee or director | 55 | $285,504 | $53,033 |
| TEJASH PATEL | VP, CIO TO 9/6/24 Key employee | 55 | $297,958 | $21,623 |
| JOSEPH E CASSIDY | AVP FINANCE/ASSIST TREAS Officer | 55 | $292,924 | $26,591 |
| GEORGE M CALHOUN | TRUSTEE/PROFESSOR AS OF 5/20/25 Trustee or director | 55 | $280,054 | $34,203 |
| R ELAINE HENRY | TRUSTEE/PROFESSOR TO 5/20/25 Trustee or director | 55 | $264,739 | $35,432 |
| ARSHAD SAIYED | COLO & DEAN AS OF 4/15/24 Key employee | 55 | $251,413 | $31,492 |
| GERT-JAN DE VREEDE | DEAN AS OF 9/1/24 Key employee | 55 | $245,459 | $185 |
| DAWN DA SILVA | FORMER AVP Former | 55 | $218,325 | $20,291 |
| MICHAEL PARENTE | INTERIM VP AS OF 9/7/24 Key employee | 55 | $220,788 | $17,284 |
| DILHAN KALYON | FORMER KEY Former | 55 | $193,465 | $42,827 |
| TONIANN BIONDOLILLO | ASST SEC/EXEC ASST Officer | 55 | $111,215 | $20,724 |
| NICHOLAS SMITH | TRUSTEE AS OF 5/20/25 Trustee or director | 1 | $4,826 | $0 |
| CHRISTOPHER J FRANK | TRUSTEE/ADJUNCT Trustee or director | 1 | $4,575 | $103 |
| JARED W DONNELLY | TRUSTEE Trustee or director | 1 | $983 | $0 |
| STEPHEN T BOSWELL | CHAIRMAN/TRUSTEE Trustee or director, Officer | 3 | $0 | $0 |
| SALEEL V AWSARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAWRENCE T BABBIO JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARISSA BROCK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEVON E BROOKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES J BUSCARINO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL CAHILL | TRUSTEE AS OF 9/21/24 Trustee or director | 1 | $0 | $0 |
| MARY ANNE CANNON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN S CAROLONZA | TRUSTEE TO 1/15/25 Trustee or director | 1 | $0 | $0 |
| PAM P CHENG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS A CORCORAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIP P CROWLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R DEARBORN | TRUSTEE TO 8/27/24 Trustee or director | 1 | $0 | $0 |
| JOSEPH DEL GUERCIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEPH G DIPOMPEO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MANUEL S ESCOBEDO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HERMES O GONZALEZ-BELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN SEAN J HANLON IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMILY R KOVELESKY | TRUSTEE TO 5/20/25 Trustee or director | 1 | $0 | $0 |
| A MICHAEL LIPPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA M MASCOLO | TRUSTEE TO 8/18/24 Trustee or director | 1 | $0 | $0 |
| THOMAS J NATHANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRIAN J NIGITO | TRUSTEE AS OF 3/25/25 Trustee or director | 1 | $0 | $0 |
| SAMUEL P RECKFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIRGINIA P RUESTERHOLZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN A SCHEPISI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES H SHOTMEYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOUIS A STEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J SCOTT SWENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MEHRAB H SYED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL VON AUTENRIED | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 64 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NARIMAN FARVARDIN | PRESIDENT/TRUSTEE Trustee or director, Officer | 55 | $1,221,028 | $33,526 |
| JIANMIN QU | PROVOST & SVP FOR ACADEMIC AFFAIRS Key employee | 55 | $562,536 | $55,711 |
| GREGORY PRASTACOS | DEAN Key employee | 55 | $511,191 | $62,760 |
| LOUIS J MAYER | VP OF FINANCE/ TREASURER, CFO Officer | 55 | $476,700 | $55,711 |
| KATHY L SCHULZ | VP & GENERAL COUNSEL/SECRETARY Officer | 55 | $482,512 | $43,283 |
| EDMUND SYNAKOWSKI | VICE PROVOST Key employee | 55 | $438,835 | $55,711 |
| CONSTANTIN CHASSAPIS | SR. VICE PROVOST Key employee | 55 | $427,745 | $55,711 |
| JEAN ZU | DEAN Key employee | 55 | $432,665 | $43,283 |
| DINESH VERMA | PROFESSOR/ EXEC DIR OF SERC Highest-paid employee | 55 | $400,709 | $59,495 |
| DAVID ZENG | VICE PROVOST Highest-paid employee | 55 | $403,700 | $52,411 |
| LAURA ROSE | VP FOR DEV/ALUM Key employee | 55 | $400,184 | $55,381 |
| ELISABETH MCGRATH | VP FOR UNIV RELATIONS Key employee | 55 | $417,356 | $31,141 |
| GEORGE KORFIATIS | PROFESSOR Highest-paid employee | 55 | $385,629 | $55,746 |
| CHRISTOPHE PIERRE | FORMER KEY Former | 55 | $372,983 | $55,746 |
| MUHAMMAD HAJJ | DEPARTMENT CHAIR Highest-paid employee | 55 | $356,857 | $55,746 |
| TEJASH PATEL | CIO, VP INFORMATION TECHNOLOGY Key employee | 55 | $377,681 | $26,926 |
| ROBERT MAFFIA | VP FOR FACILITIES/OPERATIONS Key employee | 55 | $340,447 | $62,760 |
| SHERAINE GILLIAM | CHRO, VP FOR HUMAN RESOURCES Key employee | 55 | $360,648 | $35,883 |
| CHRISTOS CHRISTODOULATOS | PROFESSOR Highest-paid employee | 55 | $338,963 | $55,746 |
| ANTHONY BARRESE | INTERIM DEAN Key employee | 55 | $321,070 | $54,912 |
| CINDY CHIN | VICE PRESIDENT FOR ENROLLMENT MGMT Key employee | 55 | $308,490 | $20,812 |
| SARA KLEIN | VICE PRESIDENT FOR STUDENT AFFAIRS Key employee | 55 | $280,351 | $38,634 |
| DILHAN KALYON | FORMER KEY Former | 55 | $259,579 | $46,845 |
| JOSEPH E CASSIDY | AVP FINANCE/ASSIST TREAS Officer | 55 | $277,784 | $25,300 |
| DIBYENDU DIBS SARKAR | TRUSTEE/PROFESSOR AS OF 5/21/24 Trustee or director | 55 | $243,388 | $51,994 |
| R ELAINE HENRY | TRUSTEE/PROFESSOR Trustee or director | 55 | $211,068 | $31,611 |
| DAWN DA SILVA | FORMER AVP Former | 55 | $205,556 | $18,540 |
| MO MANSOURI | TRUSTEE/ASSOC PROF TO 5/21/2024 Trustee or director | 55 | $177,437 | $43,629 |
| MICHAEL PARENTE | FORMER VP - IT Former | 55 | $196,831 | $16,699 |
| TONIANN BIONDOLILLO | ASST SEC/EXEC ASST Officer | 55 | $103,694 | $19,979 |
| CHRISTOPHER J FRANK | TRUSTEE/ADJUNCT AS OF 12/1/23 Trustee or director | 1 | $6,000 | $34 |
| MEHRAB H SYED | TRUSTEE Trustee or director | 1 | $3,015 | $0 |
| JARED W DONNELLY | TRUSTEE AS OF 5/21/24 Trustee or director | 1 | $867 | $0 |
| STEPHEN T BOSWELL | CHAIRMAN/TRUSTEE Trustee or director, Officer | 3 | $0 | $0 |
| SALEEL V AWSARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAWRENCE T BABBIO JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARISSA BROCK | TRUSTEE AS OF 5/21/24 Trustee or director | 1 | $0 | $0 |
| DEVON E BROOKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES J BUSCARINO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY ANNE CANNON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN S CAROLONZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAM P CHENG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS A CORCORAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIP P CROWLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R DEARBORN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEPH DEL GUERCIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM W DESTLER | TRUSTEE TO 12/1/23 Trustee or director | 1 | $0 | $0 |
| JOSEPH G DIPOMPEO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MANUEL S ESCOBEDO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HERMES O GONZALEZ-BELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN SEAN J HANLON IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOELLE M HINDS | TRUSTEE TO 5/21/24 Trustee or director | 1 | $0 | $0 |
| EMILY R KOVELESKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| A MICHAEL LIPPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA M MASCOLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS J NATHANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL P RECKFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIRGINIA P RUESTERHOLZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN A SCHEPISI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES H SHOTMEYER | TRUSTEE AS OF 12/1/23 Trustee or director | 1 | $0 | $0 |
| LOUIS A STEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J SCOTT SWENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAILEY TANNER | TRUSTEE TO 5/21/24 Trustee or director | 1 | $0 | $0 |
| PAUL VON AUTENRIED | TRUSTEE AS OF 12/1/23 Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 60 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NARIMAN FARVARDIN | PRESIDENT/TRUSTEE Trustee or director, Officer | 55 | $1,188,051 | $30,911 |
| JIANMIN QU | PROVOST & SVP FOR ACADEMIC AFFAIRS Key employee | 55 | $546,370 | $50,613 |
| GREGORY PRASTACOS | DEAN Key employee | 55 | $478,561 | $56,915 |
| LOUIS J MAYER | VP OF FINANCE/ TREASURER, CFO Officer | 55 | $460,230 | $50,613 |
| KATHY L SCHULZ | VP & GENERAL COUNSEL/SECRETARY Officer | 55 | $469,442 | $37,213 |
| JEAN ZU | DEAN Key employee | 55 | $441,423 | $39,401 |
| CONSTANTIN CHASSAPIS | VICE PROVOST Highest-paid employee | 55 | $416,362 | $50,613 |
| DINESH VERMA | PROFESSOR/ EXEC DIR OF SERC Highest-paid employee | 55 | $390,462 | $53,861 |
| DILHAN KALYON | VICE PROVOST Key employee | 55 | $392,984 | $50,436 |
| DAVID ZENG | VICE PROVOST Highest-paid employee | 55 | $386,821 | $53,865 |
| LAURA ROSE | VP FOR DEV/ALUM Key employee | 55 | $389,642 | $50,074 |
| GEORGE KORFIATIS | PROFESSOR Highest-paid employee | 55 | $374,202 | $50,609 |
| ELISABETH MCGRATH | VP FOR UNIV RELATIONS Key employee | 55 | $389,569 | $30,911 |
| CHRISTOPHE PIERRE | FORMER KEY Former | 55 | $342,428 | $50,609 |
| HADY SALLOUM | RESEARCH PROFESSOR Highest-paid employee | 55 | $361,616 | $27,857 |
| TEJASH PATEL | VP FOR INFORMATION TECHNOLOGY Key employee | 55 | $361,870 | $24,811 |
| ROBERT MAFFIA | VP FOR FACILITIES/OPERATIONS Key employee | 55 | $328,364 | $56,915 |
| ANTHONY BARRESE | INTERIM DEAN Key employee | 55 | $306,849 | $50,613 |
| JOSEPH E CASSIDY | AVP FINANCE/ASSIST TREAS Officer | 55 | $269,339 | $24,187 |
| YI GUO | FORMER TRUSTEE Former | 55 | $209,229 | $25,333 |
| ELAINE HENRY | TRUSTEE/PROFESSOR AS OF 5/23/2023 Trustee or director | 55 | $201,646 | $28,449 |
| MO MANSOURI | TRUSTEE/ASSOC PROF AS OF 5/23/2023 Trustee or director | 55 | $187,144 | $40,050 |
| DAWN DA SILVA | FORMER AVP Former | 55 | $208,721 | $17,104 |
| KEITH G SHEPPARD | FORMER PROFESSOR Former | 55 | $204,320 | $15,689 |
| RAINER MARTINI | TRUSTEE/PROFESSOR TO 5/23/2023 Trustee or director | 55 | $194,896 | $15,491 |
| MICHAEL PARENTE | FORMER VP - IT Former | 55 | $192,294 | $16,037 |
| WARREN PETTY | FORMER VP - HR Former | 55 | $163,413 | $11,639 |
| TONIANN BIONDOLILLO | ASST SEC/EXEC ASST Officer | 55 | $101,099 | $18,221 |
| MEHRAB SYED | TRUSTEE AS OF 5/23/2023 Trustee or director | 1 | $60 | $0 |
| STEPHEN T BOSWELL | CHAIRMAN/TRUSTEE Trustee or director, Officer | 3 | $0 | $0 |
| SALEEL V AWSARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAWRENCE T BABBIO JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEVON E BROOKS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLES J BUSCARINO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY ANNE CANNON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN S CAROLONZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAM P CHENG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS A CORCORAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIP P CROWLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN R DEARBORN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEPH DEL GUERCIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM W DESTLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSEPH G DIPOMPEO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MANUEL S ESCOBEDO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAITLIN GILI | TRUSTEE TO 5/23/2023 Trustee or director | 1 | $0 | $0 |
| HERMES O GONZALEZ-BELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN SEAN J HANLON IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOELLE M HINDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMILY R KOVELESKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| A MICHAEL LIPPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA M MASCOLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS J NATHANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL P RECKFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD R ROSCITT | TRUSTEE TO 12/2/2022 Trustee or director | 1 | $0 | $0 |
| VIRGINIA P RUESTERHOLZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN A SCHEPISI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOUIS A STEINBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J SCOTT SWENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAILEY TANNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VICTORIA VELASCO | TRUSTEE TO 9/29/2022 Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE CASTLE POINT ON HUDSON, HOBOKEN, NJ 07030-0000
- In care of
- % SHARON CARNEY
- Principal officer (990 for 2024)
- JOSEPH CASSIDY, ONE CASTLE PT ON HUDSON, HOBOKEN, NJ 07030
- Signed the 990
- JOSEPH CASSIDY, CFO, VP FOR FIN & TREASURER
- Phone
- (201) 216-8761
- Website
- WWW.STEVENS.EDU
- Return prepared by
- KPMG LLP
Mission
SEE SCHEDULE O
Program accomplishments
- EDUCATIONAL INSTRUCTION: IN THE ACADEMIC YEAR 2024-2025, STEVENS' ENROLLMENT WAS 4,236 UNDERGRADUATE STUDENTS AND 4,233 GRADUATE STUDENTS. 1,068 STUDENTS GRADUATED WITH BACHELOR OF ENGINEERING, SCIENCE, BUSINESS OR ARTS DEGREES, 1,733 STUDENTS RECEIVED MASTER'S IN ENGINEERING, SCIENCE OR BUSINESS ADMINISTRATION. 85 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.Expenses $372,040,647 · grants $138,662,148 · revenue $394,055,413
- RESEARCH: THE U.S. DEPARTMENT OF DEFENSE SUPPORTS STEVENS LEADERSHIP OF THE SYSTEMS ENGINEERING RESEARCH CENTER (SERC), A UNIVERSITY AFFILIATED RESEARCH CENTER (UARC). THE NATIONAL SCIENCE FOUNDATION SUPPORTS THE CENTER FOR RESEARCH FOR ADVANCING FINANCIAL TECHNOLOGIES, AN INDUSTRY-UNIVERSITY COOPERATIVE RESEARCH CENTER (IUCRC). STEVENS IS RECOGNIZED BY THE DEPARTMENT OF HOMELAND SECURITY AS A NATIONAL CENTER OF EXCELLENCE IN INFORMATION ASSURANCE AS IT SUPPORTS THE ACTIVITIES OF THE CENTER FOR THE ADVANCEMENT OF SECURE SYSTEMS AND INFORMATION ASSURANCE (CASSIA).Expenses $66,868,044 · revenue $75,609,973
- STUDENT LIFE: THE UNIVERSITY MAINTAINS A 55 ACRE CAMPUS IN HOBOKEN, NEW JERSEY AND PROVIDES STUDENTS WITH ON 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 138 CLUBS, ORGANIZATIONS AND 23 VARSITY SPORTS THAT OFFER THE STUDENTS AMPLE OPPORTUNITY TO PARTICIPATE, BROADEN AND ENRICH THEIR STUDENT LIFE. THERE ARE ALSO 21 FRATERNITIES AND SORORITIES ON CAMPUS. 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.Expenses $49,731,755 · revenue $43,302,969
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
- 22-1487354
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $1,140,670,011
- Income (IRS master file)
- $698,584,005
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $578,721,102 | $533,969,060 | $1,140,670,011 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $536,669,795 | $509,502,464 | $1,056,523,320 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $505,884,074 | $476,905,827 | $1,006,999,231 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $466,449,861 | $415,420,675 | $970,720,079 | 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 22-1487354).
Questions about THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY
- What is the EIN of THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY?
- The employer identification number (EIN) of THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY is 22-1487354.
- Is THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE TRUSTEES OF THE STEVENS 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 THE TRUSTEES OF THE STEVENS 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 THE TRUSTEES OF THE STEVENS 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 THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 names JOSEPH CASSIDY.
- Who are the officers and directors of THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 lists 66 people; 35 received compensation from the organization, the highest $1,262,010 (NARIMAN FARVARDIN, PRESIDENT/TRUSTEE).
- How much revenue does THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $578,721,102, expenses of $533,969,060 and total assets of $1,140,670,011 at year end.
Other nonprofits in HOBOKEN
- HOBOKEN DUAL LANGUAGE CHARTER SCHOOL A NEW JERSEY NON-PROFIT COR EIN 27-1261831 · last filed 990 for 2025
- HOBOKEN CHARTER SCHOOL INC EIN 22-3517040 · last filed 990 for 2025
- ELYSIAN CHARTER SCHOOL OF HOBOKEN INC EIN 22-3510684 · last filed 990 for 2025
- MUSTARD SEED SCHOOL CHRISTIAN URBAN EDUCATION INC EIN 22-2267469 · last filed 990 for 2025
- FRIENDS OF HOBOKEN DUAL LANGUAGE CHARTER SCHOOL INC EIN 81-2839110 · last filed 990 for 2025
- HOBOKEN PUBLIC EDUCATION FOUNDATION CORPORATION EIN 47-5008870 · last filed 990 for 2025
- ALPHA XI OF CHI PSI EIN 22-1494465 · last filed 990 for 2025
- KINGS CROWN ROWING ASSOCIATION EIN 93-1434572 · last filed 990 for 2025