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RESOURCE DEVELOPMENT ORGANIZATION THAT RAISES AND MANAGES FUNDS FOR NJIT.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$14.1M
Program Spending
92%
of total expenses go to program services
Total Contributions
$12.6M
Total Expenses
▼$9.9M
Total Assets
$171.9M
Total Liabilities
▼$3.5M
Net Assets
$168.4M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$1.8M
Fundraising
▼$226.6K
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $9.2M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
NJ INSTITUTE OF TECHNOLOGY22-6000910 | NEWARK, NJ | $9.1M | Cash | SCHOLARSHIP, FELLOWSHIP AND OTHER GRANTS |
PI KAPPA PHI23-7239202 | NEWARK, NJ | $18K | Cash | CONSTRUCTION/FURNISHING OF CHAPTER HOUSE |
| Total | $9.2M | |||
NEWARK, NJ
$9.1M
NEWARK, NJ
$18K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $14.1M | $12.6M | $9.9M | $171.9M | $168.4M |
| 2022IRS e-File | $14.1M | $12.6M | $9.9M | $171.9M | $168.4M |
| 2021 | $21.6M | $12.3M | $9.3M | $177.8M | $174.4M |
| 2020 | $29.7M | $9.6M | $10.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Catherine Z Brennan | Secretary | 3 | $0 | $317.8K | $79.3K | $397K |
| Kenneth Alexo Jr | President | 35 | $0 | $287.9K | $56.3K | $344.2K |
| Marjorie A Perry | Chairman (thru 1/23)/overseer | 1 | $0 | $0 | $0 | $0 |
| Robert Medina | Overseer/chairmain (as Of 1/23) | 1 | $0 | $0 | $0 | $0 |
| Arthur A Kapoor | Vice Chairman | 1 | $0 | $0 | $0 | $0 |
| Kenneth M Colao | Overseer/vice Chairmain (as Of 1/23) | 1 | $0 | $0 | $0 | $0 |
Catherine Z Brennan
Secretary
$397K
Hrs/Wk
3
Compensation
$0
Related Orgs
$317.8K
Other
$79.3K
Kenneth Alexo Jr
President
$344.2K
Hrs/Wk
35
Compensation
$0
Related Orgs
$287.9K
Other
$56.3K
Marjorie A Perry
Chairman (thru 1/23)/overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert Medina
Overseer/chairmain (as Of 1/23)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Arthur A Kapoor
Vice Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kenneth M Colao
Overseer/vice Chairmain (as Of 1/23)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Albert A Dorman | Overseer | 1 | $0 | $0 | $0 | $0 |
| Alfred A De Seta | Overseer | 1 | $0 | $0 | $0 | $0 |
| Andrew P Christ | Overseer | 1 | $0 | $339.2K | $64.6K | $403.8K |
| Angelo Del Russo | Overseer | 1 | $0 | $0 | $0 | $0 |
| Atam Dhawan |
Albert A Dorman
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Alfred A De Seta
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Andrew P Christ
Overseer
$403.8K
Hrs/Wk
1
Compensation
$0
Related Orgs
$339.2K
Other
$64.6K
| $138.3M |
| $135.8M |
| 2019 | $20.6M | $16M | $10.4M | $133.7M | $131.9M |
| 2018 | $18.4M | $10M | $10M | $121.3M | $119.7M |
| 2017 | $15.6M | $9.4M | $12M | $115.2M | $111.9M |
| 2016 | $12.7M | $10.2M | $10.1M | $102.9M | $102M |
| 2015 | $14.7M | $8.4M | $7.7M | $104.2M | $103.2M |
| 2014 | $14.1M | $9.8M | $8.1M | $101.6M | $100.4M |
| 2013 | $13.6M | $8.3M | $7.6M | $87.3M | $85.3M |
| 2012 | $6.6M | $6.8M | $6.6M | $79.7M | $77.5M |
| 2011 | $9.1M | $5.7M | $6.3M | $81.3M | $78.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Overseer (as Of 7/22) |
| 1 |
| $0 |
| $417.1K |
| $52.4K |
| $469.5K |
| Brett Newton | Overseer | 1 | $0 | $0 | $0 | $0 |
| Caren L Freyer Desouza | Overseer | 1 | $0 | $0 | $0 | $0 |
| Carlos Fonseca | Overseer | 1 | $0 | $0 | $0 | $0 |
| Charles Forman | Overseer | 1 | $0 | $0 | $0 | $0 |
| Daniel A Henderson | Overseer | 1 | $0 | $0 | $0 | $0 |
| David T Gockel | Overseer | 1 | $0 | $0 | $0 | $0 |
| Donald Flood | Overseer | 1 | $0 | $0 | $0 | $0 |
| George M Newcombe | Overseer | 1 | $0 | $0 | $0 | $0 |
| Gregory Sauter | Overseer | 1 | $0 | $0 | $0 | $0 |
| John H Olson | Overseer | 1 | $0 | $0 | $0 | $0 |
| John J Fumosa | Overseer | 1 | $0 | $0 | $0 | $0 |
| John Mccann | Overseer | 1 | $0 | $0 | $0 | $0 |
| John W Seazholtz | Overseer | 1 | $0 | $0 | $0 | $0 |
| Jonathan F Echeverria | Overseer (as Of 12/22) | 1 | $0 | $0 | $0 | $0 |
| Kathleen Natriello | Overseer | 1 | $0 | $0 | $0 | $0 |
| Kim V Vierheilig | Overseer | 1 | $0 | $0 | $0 | $0 |
| Kim Y Felix | Overseer | 1 | $0 | $0 | $0 | $0 |
| Mark Romanski | Overseer | 1 | $0 | $0 | $0 | $0 |
| Martin Tuchman | Overseer | 1 | $0 | $0 | $0 | $0 |
| Michael D Pages | Overseer (as Of 10/22) | 1 | $0 | $0 | $0 | $0 |
| Pascal Montilus | Overseer | 1 | $0 | $0 | $0 | $0 |
| Patrick Natale | Overseer | 1 | $0 | $0 | $0 | $0 |
| Paul V Profeta | Overseer | 1 | $0 | $0 | $0 | $0 |
| Philip L Rinaldi | Overseer (thru 10/22) | 1 | $0 | $0 | $0 | $0 |
| Ralpha M Maddalena | Overseer | 1 | $0 | $0 | $0 | $0 |
| Raymond J Mcgowan | Overseer | 1 | $0 | $0 | $0 | $0 |
| Robert E Ward | Overseer (as Of 10/22; Thru 4/23) | 1 | $0 | $0 | $0 | $0 |
| Robert J Hillier | Overseer | 1 | $0 | $0 | $0 | $0 |
| Siddhartha Bala | Overseer | 1 | $0 | $0 | $0 | $0 |
| Sonya Kakkar | Overseer | 1 | $0 | $0 | $0 | $0 |
| Stephanie Tonic | Overseer | 1 | $0 | $0 | $0 | $0 |
| Steven Annunziato | Overseer | 1 | $0 | $0 | $0 | $0 |
| Steven Saperstein | Overseer (as Of 1/23) | 1 | $0 | $0 | $0 | $0 |
| Teik C Lim | Overseer (as Of 7/22) | 1 | $0 | $449.6K | $33.7K | $483.4K |
| W Marcus Sheridan | Overseer | 1 | $0 | $0 | $0 | $0 |
Angelo Del Russo
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Atam Dhawan
Overseer (as Of 7/22)
$469.5K
Hrs/Wk
1
Compensation
$0
Related Orgs
$417.1K
Other
$52.4K
Brett Newton
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Caren L Freyer Desouza
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Carlos Fonseca
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles Forman
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Daniel A Henderson
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
David T Gockel
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Donald Flood
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
George M Newcombe
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Gregory Sauter
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
John H Olson
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
John J Fumosa
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
John Mccann
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
John W Seazholtz
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan F Echeverria
Overseer (as Of 12/22)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kathleen Natriello
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kim V Vierheilig
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kim Y Felix
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Romanski
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Martin Tuchman
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael D Pages
Overseer (as Of 10/22)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Pascal Montilus
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Patrick Natale
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Paul V Profeta
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Philip L Rinaldi
Overseer (thru 10/22)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ralpha M Maddalena
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Raymond J Mcgowan
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert E Ward
Overseer (as Of 10/22; Thru 4/23)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert J Hillier
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Siddhartha Bala
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sonya Kakkar
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Stephanie Tonic
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steven Annunziato
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steven Saperstein
Overseer (as Of 1/23)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Teik C Lim
Overseer (as Of 7/22)
$483.4K
Hrs/Wk
1
Compensation
$0
Related Orgs
$449.6K
Other
$33.7K
W Marcus Sheridan
Overseer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0