Public Charity

THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY

Based in HOBOKEN, NJ, THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY operates as a Public Charity. The organization reported $578.7M in revenue, $534.0M in expenses, $1.1B in total assets for fiscal year 2025. Imperigo tracks 226 reported grant relationships connected to this organization totaling approximately $22.7M.

EIN: 221487354 HOBOKEN, NJ Universities NTEE: B43 Latest filing: 2025
Total Revenue$578.7M
Total Expenses$534.0M
Total Assets$1.1B
Grant Records226
Funding Total$22.7M
Filing Years2021–2025

Mission

SEE SCHEDULE O

Where $100 goes at The Trustees of the Stevens Institute of Technology

How The Trustees of the Stevens Institute of Technology divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$91 Programs the work itself
$8 Management running the organization
$1 Fundraising raising the next dollar

Inside the $91 for programs

$69
Educational instruction
76% of program spending · Reported in the filing: 4,236 students; 4,233 students; 1,068 students
$13
Research
14% of program spending
$9
Student life
10% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE A Michael Lipper
DIR CORE CURR & FAC DEV TO 8/31/24 Anthony Barrese
COLO & DEAN AS OF 4/15/24 Arshad Saiyed
TRUSTEE AS OF 3/25/25 Brian J Nigito
TRUSTEE Charles H Shotmeyer
TRUSTEE Charles J Buscarino

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,859,559 97 grants
Research & Policy
$7,120,333 41 grants
Education
$2,837,484 65 grants
Economic Development
$453,728 3 grants
Environment & Conservation
$281,225 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $578.7M $534.0M $1.1B
2024 $536.7M $509.5M $1.1B
2023 $505.9M $476.9M $1.0B
2022 $466.4M $415.4M $970.7M
2021 $375.3M $349.7M $910.3M

Between 2021 and 2025, reported annual revenue grew from $375.3M to $578.7M (+54%), with total assets most recently reported at $1.1B.

Interactive year-over-year charts and full filing details available with membership.

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