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Pennsylvania Institute Of Technology

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231543518 ✦ Media, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pennsylvania Institute Of Technology?

The Pennsylvania Institute of Technology, located in Media, Pennsylvania, is a nonprofit institution dedicated to student success through high-quality collegiate education. With a range of associate degree and career certificate options, P.I.T. prepares students for industry certification and further education. Their programs cover various fields, including biomedical equipment engineering, behavioral health, criminal justice, and healthcare management, among others. Students in associate degree programs can earn transferable college credits, while graduates of career certificate programs may pursue additional courses to earn an associate degree in their field. This college offers scholarships and various student support services like career planning, academic counseling, and tutoring to help students thrive. P.I.T. aims to provide a supportive learning environment enabling committed students to succeed in their careers, transfer opportunities, and personal growth.


Official website here: www.pit.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%, Four-Star out of Four Star rating

The Pennsylvania Institute of Technology has achieved an excellent rating of 99% from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score in several critical areas, such as independent board membership and financial oversight, the organization demonstrates a strong commitment to transparent governance and responsible management of resources.

The nonprofit allocates a significant portion of its budget to programs, with a program expense ratio of 78.43%, highlighting its focus on delivering impactful services to the community. Additionally, the organization is proactive in implementing policies that ensure ethical practices, such as conflict of interest and whistleblower policies, which contribute to its positive reputation and operational integrity.

While the organization has an impressive score in culture and community engagement at 87, there is always room for growth in equity strategies, which also scored 87 out of 100. This indicates an opportunity for the Pennsylvania Institute of Technology to enhance its efforts in promoting inclusivity and equity within its programs and practices. Overall, the nonprofit exhibits strong performance and a dedication to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Pennsylvania Institute Of Technology legitimate?

Pennsylvania Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania 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: $408,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,884,357

For more financial information, click here


Official website here: www.pit.edu

What is the mission statement of Pennsylvania Institute Of Technology?

The Pennsylvania Institute of Technology is dedicated to student success. This collegiate education institution offers a supportive environment for dedicated students to thrive and achieve their career goals, transfer opportunities, and personal growth. The academic programs at P.I.T. are organized into associate degree and career certificate options, preparing graduates for industry certification in various fields. Some fields include biomedical equipment engineering, behavioral health, criminal justice, and computer support engineering. The college offers career certificates in practical nursing, medical assisting, digital medical sonography, and cannabis. Students in associate degree programs earn transferable college credits, while those in allied health certificate programs have the opportunity to further their education by completing additional required courses to earn an associate degree in allied health technology. P.I.T. students can transfer their credits to numerous colleges and universities with which the college has established matriculation agreements. The college also provides full and partial scholarships to many students who would otherwise not be financially able to pursue a collegiate technical education. In addition to academic development and library services, student support programs consist of career planning, college success workshops, tutoring, academic support counseling, and career placement.


Official website here: www.pit.edu

Who is the CEO of Pennsylvania Institute Of Technology?

Matt Meyers is the Trustee (Until 5/22) of Pennsylvania Institute Of Technology. The CEO's salary of Pennsylvania Institute Of Technology is $154,477 and their total compensation is $172,526.


Official website here: www.pit.edu

What is the revenue of Pennsylvania Institute Of Technology?

Pennsylvania Institute Of Technology's revenue in 2022 was $13,243,605.


Official website here: www.pit.edu

Who are the executives of Pennsylvania Institute Of Technology and what are their salaries?

The average compensation at Pennsylvania Institute Of Technology during 2022 was $43,386. There are 122 employees and 108 volunteers at Pennsylvania Institute Of Technology.


Here are 20 key members and their salaries (Pennsylvania Institute Of Technology's CEO's salary is $154,477 and their total compensation is $172,526):


Jack Bacon (Trustee (Until 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas E Mcduffie Jr (Board Chairman/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard H Doyle Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antinuke Moss Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Schmidt Mba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Steele Pe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul H Woodruff Pe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Madonna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla L Marriner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Vassell Dnp Rn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott H Voshell Pt Dpt Mhs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Jacovini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Capolupo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kay Burke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annamarie Cassidy (Chief Financial Officer)
  • Compensation: $136,857
  • Related: $0
  • Other: $18,846
Kimberly Marucci (Chief Academic Officer (Until 12/21))
  • Compensation: $129,981
  • Related: $0
  • Other: $7,010
Matt Meyers (President And Ceo)
  • Compensation: $154,477
  • Related: $0
  • Other: $18,049
Craig Jacobs (Director Of Data And Technology)
  • Compensation: $120,751
  • Related: $0
  • Other: $7,245
Louis Giannotti (Cannabis Program Director)
  • Compensation: $116,414
  • Related: $0
  • Other: $7,056
Danielle Giuliano (Director Of Practical Nursing)
  • Compensation: $104,965
  • Related: $0
  • Other: $4,795


Official website here: www.pit.edu

Where can I find the form 990 for Pennsylvania Institute Of Technology?

Pennsylvania Institute Of Technology's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pit.edu

Learn more at the official website: www.pit.edu

Mission Statement of Pennsylvania Institute Of Technology

The Pennsylvania Institute of Technology, a leading educational institution, is committed to facilitating student success through the provision of the best collegiate education. The college's mission is threefold: career advancement, transfer opportunities, and personal growth for its dedicated students.

The academic programs offered at the Pennsylvania Institute of Technology are meticulously organized into Associate Degree and Career Certificate options. Many of these programs prepare graduates to obtain industry certification in their respective fields. Some Associate Degree programs include Behavioral Health, Criminal Justice, Computer Support Engineering, Health Science, Healthcare Management, Engineering, Business Management, Allied Health, and Physical Therapist Assistant. Through its School of Professional Programs, the college offers Career Certificates in Practical Nursing, Medical Assisting, Digital Medical Sonography, and Cannabis. Students in Associate Degree programs earn transferable college credits. Students in Allied Health Career Certificate programs have the opportunity to further their education at the college by completing additional required courses to earn an Associate Degree in Allied Health Technology. Associate Degree graduates may transfer their credits to one of the many colleges and universities with which the college has established matriculation agreements.

In addition to the college's nationally recognized Academic Developmental Program and Library Services, student support programs include Career Planning, College Success Workshops, Tutoring, Academic Support Counseling, and Career Placement. The college also provides full and partial scholarships to many students who would otherwise not be financially able to pursue a collegiate technical education.

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Impact




October, 2024

Pennsylvania Institute of Technology (P.I.T.) plays a vital role in fostering student success through its comprehensive academic programs and support services. Focused on providing quality collegiate education, P.I.T. offers a variety of associate degree and career certificate options across multiple fields including healthcare, engineering, criminal justice, and business management. Many of these programs prepare students for state or national industry certifications, enhancing their employability and expertise.

In addition to its robust academic offerings, P.I.T. supports students through numerous resources such as career planning, academic counseling, tutoring, and career placement services. The institution's emphasis on creating a supportive learning environment allows dedicated students to thrive, develop professionally, and pursue personal growth. Furthermore, P.I.T. recognizes the financial barriers that some students face and provides full and partial scholarships, making higher education more accessible to those in need.

Through established transfer agreements with various colleges and universities, P.I.T. ensures that graduates can seamlessly continue their education, thereby broadening their career opportunities. By prioritizing student outcomes and preparing graduates for real-world challenges, Pennsylvania Institute of Technology significantly contributes to individual and community advancement.




This information is meant to be a general summary of Pennsylvania 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.

Revenue
$13,243,605 (2022)
Expenses
$9,626,722 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,377
  • Program Service Revenue: $11,222,595
  • Gross Receipts: $13,256,617

Assets and Liabilities:

  • Total Assets: $8,362,791
  • Total Liabilities: $478,127
  • Net Assets: $7,884,664

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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

$11,222,595

Organization Details

Founding Year

1953

Principal Officer

Matt Meyers

Main Address

800 MANCHESTER AVE, MEDIA, PA, 190634098

NTEE Category

Code: B42Z - Education

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