Overview
What is Stevens Institute Of Technology?
Stevens Institute of Technology is a well-established private research university situated in Hoboken, New Jersey. Founded as the first college in America devoted solely to mechanical engineering, it has since expanded its educational focus. The primary mission of Stevens Institute of Technology is to provide top-tier education services, fostering innovation and academic excellence. With a rich history spanning over a century, the university continues to contribute to technological advancements and research in various fields.
Official website here: www.stevens.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Stevens Institute Of Technology has achieved a perfect score of 100% on Charity Navigator, reflecting outstanding accountability and financial performance. The charity's overall score is derived solely from its exceptional accountability metrics, emphasizing its commitment to transparency and responsible financial management. The organization has demonstrated a robust structure with a majority of independent board members and effective oversight measures in place, which is crucial for maintaining trust and integrity.
The financial health of Stevens Institute Of Technology is evident in its high program expense ratio of 89.89%, indicating that a significant portion of its resources is directed toward its core mission rather than administrative costs. The organization has also successfully maintained low liabilities relative to its assets, further showcasing its financial sustainability. Comprehensive policies regarding conflicts of interest, whistleblowers, and document retention are well-established and publicly accessible, further enhancing its credibility.
While the ratings highlight impressive strengths in governance and financial management, it is essential for potential donors and stakeholders to consider the impact of their contributions and how funds are utilized within the organization. Overall, Stevens Institute Of Technology exemplifies a model of fiscal responsibility and effective nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Stevens Institute Of Technology legitimate?
Stevens Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stevens 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: $8,712,333
Professional Fundraising Fees: $284,739
Other Salaries and Wages: $164,012,355
For more financial information, click here
Official website here: www.stevens.edu
What is the mission statement of Stevens Institute Of Technology?
Stevens Institute of Technology is a private research university dedicated to providing educational services. Established as the first college in America focused on mechanical engineering, it now offers a comprehensive education in various fields. The organization aims to advance knowledge and innovation through rigorous academic programs and research initiatives. Its mission is to prepare students for successful careers while contributing to technological progress and scientific discovery. The university fosters a collaborative learning environment, promoting intellectual curiosity and critical thinking. It also strives to create a diverse and inclusive campus community, enabling students to develop into well-rounded individuals ready to tackle complex challenges in their future careers.
Official website here: www.stevens.edu
What is the revenue of Stevens Institute Of Technology?
Stevens Institute Of Technology's revenue in 2024 was $536,669,795.
Official website here: www.stevens.edu
Who are the executives of Stevens Institute Of Technology and what are their salaries?
The average compensation at Stevens Institute Of Technology during 2024 was $39,291. There are 4396 employees and 839 volunteers at Stevens Institute Of Technology.
Here are 64 key members and their salaries:
- Compensation: $1,221,028
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- Other: $33,526
- Compensation: $243,388
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- Other: $51,994
- Compensation: $211,068
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- Other: $31,611
- Compensation: $177,437
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- Other: $43,629
- Compensation: $6,000
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- Other: $34
- Compensation: $3,015
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- Compensation: $476,700
- Related: $0
- Other: $55,711
- Compensation: $482,512
- Related: $0
- Other: $43,283
- Compensation: $277,784
- Related: $0
- Other: $25,300
- Compensation: $103,694
- Related: $0
- Other: $19,979
- Compensation: $562,536
- Related: $0
- Other: $55,711
- Compensation: $511,191
- Related: $0
- Other: $62,760
- Compensation: $438,835
- Related: $0
- Other: $55,711
- Compensation: $427,745
- Related: $0
- Other: $55,711
- Compensation: $432,665
- Related: $0
- Other: $43,283
- Compensation: $400,184
- Related: $0
- Other: $55,381
- Compensation: $417,356
- Related: $0
- Other: $31,141
- Compensation: $377,681
- Related: $0
- Other: $26,926
- Compensation: $340,447
- Related: $0
- Other: $62,760
- Compensation: $360,648
- Related: $0
- Other: $35,883
- Compensation: $321,070
- Related: $0
- Other: $54,912
- Compensation: $308,490
- Related: $0
- Other: $20,812
- Compensation: $280,351
- Related: $0
- Other: $38,634
- Compensation: $400,709
- Related: $0
- Other: $59,495
- Compensation: $403,700
- Related: $0
- Other: $52,411
- Compensation: $385,629
- Related: $0
- Other: $55,746
- Compensation: $356,857
- Related: $0
- Other: $55,746
- Compensation: $338,963
- Related: $0
- Other: $55,746
- Compensation: $372,983
- Related: $0
- Other: $55,746
- Compensation: $259,579
- Related: $0
- Other: $46,845
- Compensation: $205,556
- Related: $0
- Other: $18,540
- Compensation: $196,831
- Related: $0
- Other: $16,699
Official website here: www.stevens.edu
Where can I find the form 990 for Stevens Institute Of Technology?
Stevens Institute Of Technology's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.stevens.edu
Learn more at the official website: www.stevens.edu
Mission Statement of Stevens Institute Of Technology
Stevens Institute of Technology, a renowned private coeducational research university, is dedicated to providing top-tier educational services. Established as the first college in America focused solely on mechanical engineering, it has been a pioneer in technological education in the United States for over a century. Stevens Institute of Technology's primary objective is to impart knowledge and foster innovation through its rigorous academic programs and cutting-edge research initiatives.
The institution's mission is twofold. First and foremost, it is committed to delivering an exceptional education to its students. Its faculty members, distinguished in their respective fields, inspire and challenge students to reach their full potential. Stevens Institute of Technology offers a wide range of undergraduate and graduate programs across various disciplines, ensuring that its students receive a comprehensive and well-rounded education.
Secondly, Stevens Institute of Technology is a hub for research and innovation. Its state-of-the-art facilities and advanced research initiatives enable its students and faculty to push the boundaries of knowledge and make significant contributions to their fields. Through its collaborative research partnerships and industry engagements, Stevens Institute of Technology fosters an environment of innovation and entrepreneurship, preparing its graduates to excel in today's global economy.
Stevens Institute of Technology's legacy as a leading technological university is built on its commitment to education and research. Its rigorous academic programs and advanced research initiatives have produced generations of innovative thinkers and leaders in their fields. By continuing to push the boundaries of knowledge and prepare its students for success, Stevens Institute of Technology remains at the forefront of technological education in the United States.
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Impact
August, 2024
Stevens Institute of Technology has a significant impact on society through its cutting-edge research, innovative educational programs, and contributions to various industries. As one of the oldest technological universities in the United States, Stevens is a pioneer in the field of engineering and science. The institution's commitment to providing high-quality education and fostering groundbreaking research has led to advancements in fields such as artificial intelligence, cybersecurity, and sustainable energy.
Stevens Institute of Technology plays a crucial role in preparing the next generation of leaders and innovators who will drive progress and solve complex challenges facing our world. The university's graduates go on to make significant contributions in the workforce, driving economic growth and technological advancement.
Furthermore, Stevens' collaborations with industry partners, government agencies, and other academic institutions lead to the development of groundbreaking technologies and solutions that have a positive impact on society. Through its research initiatives and partnerships, Stevens Institute of Technology continues to push the boundaries of innovation and drive positive change in the world.
This information is meant to be a general summary of Stevens 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: $13,321,501
- Program Service Revenue: $482,134,852
- Gross Receipts: $638,040,480
Assets and Liabilities:
- Total Assets: $970,720,079
- Total Liabilities: $434,508,801
- Net Assets: $536,211,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$378,864,292
RESEARCH REVENUE
Revenue
$64,439,209
STUDENT HOUSING
Revenue
$25,391,066
STUDENT DINING
Revenue
$13,088,583
TECHNICAL LEADERSHIP
Revenue
$351,702
Organization Details
Founding Year
1870
Principal Officer
Joseph Cassidy
Website
www.stevens.eduNTEE Category
Code: B430 - Education
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