Overview
What is New England Institute Of Technology?
New England Institute of Technology (NEIT) is a Rhode Island-based, private, accredited, non-profit university. With a mission to prepare students for professional and technical careers, NEIT provides undergraduate and graduate degree programs in over 55 fields. Through a blend of professional and technical courses, an integrated liberal arts core, and opportunities for continuous learning, NEIT empowers students to enter the workforce or pursue further education. The university welcomes students from diverse educational backgrounds and varying ability levels, offering them the chance to study in various technological fields.
Official website here: www.neit.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
The New England Institute of Technology has achieved a commendable Four-Star rating, reflecting a strong emphasis on accountability and financial management. With a perfect score in various metrics under the Accountability & Finance category, the organization demonstrates a robust governance structure with 80% of its board members being independent. This level of independence is crucial for maintaining transparency and integrity in operations.
Financial oversight is also a highlight, as evidenced by their perfect scores in audit and oversight committee evaluations and the absence of material diversion of assets. The organization publishes its financial statements and has well-established policies for conflict of interest, whistleblowing, and document retention, demonstrating a commitment to ethical practices.
Despite the strong financial metrics and governance, the summary does not provide insights into the programmatic impact or outreach efforts of the organization. Therefore, while the financial health and accountability are commendable, further details on the effectiveness of their programs could provide a more comprehensive understanding of their overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is New England Institute Of Technology legitimate?
New England Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Institute Of Technology submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,055,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,555,698
For more financial information, click here
Official website here: www.neit.edu
What is the mission statement of New England Institute Of Technology?
New England Institute of Technology (NEIT) is a non-profit educational institution dedicated to providing specialized undergraduate and graduate degree programs. Its mission is to prepare students for professional and technical careers by offering a combination of professional and technical courses and an integrated liberal arts core. Upon completion of their studies, graduates are equipped to enter the workforce or further their education. NEIT also offers opportunities for students to pursue technological studies based on personal interests. As a teaching-focused institution, NEIT welcomes students from diverse educational backgrounds and varying abilities to study in a range of technological fields. NEIT provides education at the Associate, Bachelor's, Master's, and Online degree levels, encompassing over 55 programs.
Official website here: www.neit.edu
What is the revenue of New England Institute Of Technology?
New England Institute Of Technology's revenue in 2024 was $96,172,791.
Official website here: www.neit.edu
Who are the executives of New England Institute Of Technology and what are their salaries?
The average compensation at New England Institute Of Technology during 2024 was $40,278. There are 760 employees at New England Institute Of Technology.
Here are 26 key members and their salaries:
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- Other: $40,953
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- Other: $28,677
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- Compensation: $197,102
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- Compensation: $207,378
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- Other: $24,188
- Compensation: $166,966
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- Other: $24,055
- Compensation: $172,417
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- Other: $29,199
- Compensation: $168,568
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- Other: $30,188
Official website here: www.neit.edu
Where can I find the form 990 for New England Institute Of Technology?
New England Institute Of Technology's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.neit.edu
Learn more at the official website: www.neit.edu
Mission Statement of New England Institute Of Technology
New England Institute of Technology, a private and accredited non-profit educational institution, is dedicated to providing specialized undergraduate and graduate degree programs that prepare students for professional and technical careers. The institution's mission emphasizes the importance of continuous learning for personal and professional growth. Through a combination of professional and technical courses and an integrated liberal arts core, New England Institute of Technology's academic programs focus on the relevance of education to real-world applications.
Upon completion of their studies, students are equipped with the skills and knowledge necessary to enter the workforce or to further their education. New England Institute of Technology offers a diverse range of programs in over 55 fields, catering to students from various educational backgrounds and with varying abilities. The institution's commitment to teaching is its primary focus, with opportunities for students to pursue professional and technological studies based on personal interests.
New England Institute of Technology is a Rhode Island university that grants Associate, Bachelor's, Master's, and Online degrees. The institution's mission is to provide students with a solid educational foundation, enabling them to make meaningful contributions to their chosen professions and industries. The university's rigorous curriculum and emphasis on practical application ensure that students are well-prepared to meet the challenges of their future careers.
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Impact
October, 2024
New England Institute of Technology (NEIT) significantly impacts the educational landscape by providing specialized undergraduate and graduate degree programs tailored for professional and technical careers. Its mission is to prepare students through a blend of professional courses and a comprehensive liberal arts core, emphasizing the necessity of continuous learning for personal and professional advancement.
With over 55 programs, NEIT offers diverse opportunities in technological fields, catering to students from various backgrounds and skill levels. This inclusivity not only fosters a rich learning environment but also equips graduates with the skills and knowledge required to excel in the workforce or pursue further education. The institute's commitment to teaching and practical education contributes to both individual student growth and the broader community by enhancing the workforce with qualified professionals equipped to meet industry demands.
This information is meant to be a general summary of New England Institute Of Technology. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $5,523,742
- Program Service Revenue: $78,063,003
- Gross Receipts: $96,194,004
Assets and Liabilities:
- Total Assets: $413,061,716
- Total Liabilities: $99,788,180
- Net Assets: $313,273,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$76,665,276
GRANT REVENUE
Revenue
$512,719
BOOKS AND SUPPLIES
Revenue
$487,061
MISC. OTHER INCOME
Revenue
$397,947
Organization Details
Founding Year
1970
Principal Officer
Richard I Gouse
Website
www.neit.eduNTEE Category
Code: B400 - Education
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