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Toyota Technological Institute At Chicago

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

EIN: 364479457 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Toyota Technological Institute At Chicago?

Toyota Technological Institute at Chicago (TTIC) is a renowned nonprofit institution situated in Chicago, Illinois. Its primary focus is on advancing research and education in the field of computer science. TTIC aims to nurture gifted students, transforming them into innovative and skilled scientists. With 41 Ph.D. students and 12 classes offered in the 2021-2022 academic year, TTIC is dedicated to making significant contributions to the global and local communities through its cutting-edge research and education in fundamental computer science and information technology. The institute boasts a workforce of 105 dedicated individuals, striving to achieve international impact.


Official website here: www.ttic.edu

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 97% (Four-Star out of Four Stars)**

The Toyota Technological Institute at Chicago (TTIC) boasts an impressive Four-Star rating from Charity Navigator, which reflects its exceptional accountability and financial health. The organization scored 97% in Accountability & Finance, showcasing strong governance practices, including a wholly independent board and no material diversion of assets. This high level of transparency and fiscal discipline is critical for potential donors assessing the nonprofit's reliability.

A significant strength lies in the institute's robust program expense ratio of 76.08%, indicating a substantial portion of its funding is directed towards fulfilling its mission rather than administrative costs. TTIC’s compliance with policies related to conflict of interest, whistleblowing, and document retention further underscores its commitment to maintaining integrity in its operations. However, it is essential to note that the institute is currently not scored on Impact & Measurement, Culture & Community, or Leadership & Adaptability, which could provide a more nuanced view of its overall effectiveness and community engagement.

Unfortunately, user reviews from GreatNonprofits were not available, which limits understanding of the public sentiment regarding the organization. However, the financial transparency and solid governance highlighted in the Charity Navigator evaluation suggest that TTIC may be well-regarded within philanthropic circles.


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

Is Toyota Technological Institute At Chicago legitimate?

Toyota Technological Institute At Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toyota Technological Institute At Chicago 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: $1,241,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,073,056

For more financial information, click here


Official website here: www.ttic.edu

What is the mission statement of Toyota Technological Institute At Chicago?

Toyota Technological Institute at Chicago (TTIC) strives for international impact through its commitment to world-class research and education in the realm of fundamental computer science and information technology. This prestigious institution aims to nurture and develop talented scientists, preparing them to contribute positively to both the global and local communities. TTIC's educational programs focus on fostering creativity among its students, who subsequently join the workforce equipped with the necessary skills to make significant contributions. In the 2021-2022 academic year, TTIC had 41 PhD students enrolled and offered a total of 12 courses.


Official website here: www.ttic.edu

Who is the CEO of Toyota Technological Institute At Chicago?

Unavailable


Official website here: www.ttic.edu

What is the revenue of Toyota Technological Institute At Chicago?

Toyota Technological Institute At Chicago's revenue in 2022 was $11,050,709.


Official website here: www.ttic.edu

Who are the executives of Toyota Technological Institute At Chicago and what are their salaries?

The average compensation at Toyota Technological Institute At Chicago during 2022 was $50,615. There are 105 employees and 14 volunteers at Toyota Technological Institute At Chicago.


Here are 23 key members and their salaries:


Dr Eric Grimson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Matthew Turk (President)
  • Compensation: $398,164
  • Related: $0
  • Other: $64,842
Dr Angela Olinto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charles Isbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Hiroyuki Sakaki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ivan Samstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mari Ostendorf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Noboru Kikuchi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nuria Oliver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Yoshihiko Masuda (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Depablo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kavita Bala (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kazuo Hotate (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert Barnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Alexis Herman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Christina Coleman (Secretary)
  • Compensation: $134,133
  • Related: $0
  • Other: $33,309
Ms Jessica Jacobson (Chief Financial Officer)
  • Compensation: $178,490
  • Related: $0
  • Other: $35,545
Dr Avrim Blum (Chief Academic Officer)
  • Compensation: $327,974
  • Related: $0
  • Other: $54,274
Dr David Mcallester (Professor)
  • Compensation: $239,925
  • Related: $0
  • Other: $76,674
Dr Gregory Shakhnarovich (Associate Professor)
  • Compensation: $254,684
  • Related: $0
  • Other: $30,095
Dr Jinbo Xu (Professor)
  • Compensation: $237,145
  • Related: $0
  • Other: $52,984
Dr Julia Chuzhoy (Professor)
  • Compensation: $217,328
  • Related: $0
  • Other: $50,643
Dr Nathan Srebro Bartom (Professor)
  • Compensation: $302,632
  • Related: $0
  • Other: $49,695


Official website here: www.ttic.edu

Where can I find the form 990 for Toyota Technological Institute At Chicago?

Toyota Technological Institute At Chicago's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ttic.edu

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

Mission Statement of Toyota Technological Institute At Chicago

Toyota Technological Institute at Chicago, often referred to as TTIC, is dedicated to making a significant impact internationally through cutting-edge research and top-tier education in the field of computer science and information technology. The institution's mission is to cultivate highly skilled and creative scientists who can contribute positively to both global and local communities. Towards this end, TTIC offers PhD programs and conducts research, training students to become the leaders and innovators of the future in the realm of computer science. In the academic year of 2021-2022, TTIC had 41 PhD students enrolled and offered a total of 12 classes, demonstrating its commitment to delivering high-quality education and research in this critical domain.

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Impact




October, 2024

Toyota Technological Institute at Chicago (TTIC) significantly impacts the fields of computer science and information technology through its commitment to world-class research and education. By focusing on fundamental concepts in these disciplines, TTIC cultivates a new generation of scientists equipped with the creativity and skills necessary to solve complex problems.

With a rigorous PhD program that enrolled 41 students in the academic year of 2021-2022, TTIC emphasizes advanced training and research, enabling its graduates to contribute to both local and global communities. The institute’s educational offerings, including a total of 12 classes, underscore its role in fostering knowledge and innovation. Through this strategic commitment, TTIC not only advances academic excellence but also enhances the technological landscape, ultimately achieving international recognition and impact.




This information is meant to be a general summary of Toyota Technological Institute At Chicago. 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
$11,050,709 (2022)
Expenses
$13,397,455 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,794,981
  • Program Service Revenue: $1,228,731
  • Gross Receipts: $31,023,844

Assets and Liabilities:

  • Total Assets: $275,408,353
  • Total Liabilities: $1,108,970
  • Net Assets: $274,299,383

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$1,228,731

Organization Details

Founding Year

2001

Main Address

6045 South Kenwood Avenue, Chicago, IL, 60637

NTEE Category

Code: B50 - Education

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