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The Corporation for Penn State is organized for the exclusive purpose of benefiting and promoting the interests of The Pennsylvania State University.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$6,380
Program Spending
0%
of total expenses go to program services
Total Contributions
$6,380
Total Expenses
▼$6,405
Total Assets
$5,602
Total Liabilities
▼$5,071
Net Assets
$531
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$0
Fundraising
▼N/A
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 2024 · Source: IRS e-Filed Form 990
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: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $6,380 | $6,380 | $6,405 | $5,602 | $531 |
| 2022 | $6,214 | $6,214 | $6,214 | $5,627 | $556 |
| 2021 | $7,552 | $7,552 | $7,570 | $5,627 | $556 |
| 2020 | $7,052 | $7,052 | $7,062 |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Neeli Bendapudi | President | 1 | $0 | $1.4M | $56.4K | $1.4M |
| Justin Schwartz | Vice President | 1 | $0 | $641.1K | $61.2K | $702.3K |
| Sara F Thorndike | Treasurer | 1 | $0 | $548.6K | $51.6K | $600.2K |
| Shannon S Harvey | Secretary | 1 | $0 | $149.1K | $68.5K | $217.6K |
| Matthew W Schuyler | Chairman Of Board | 1 | $0 | $0 | $0 | $0 |
Neeli Bendapudi
President
$1.4M
Hrs/Wk
1
Compensation
$0
Related Orgs
$1.4M
Other
$56.4K
Justin Schwartz
Vice President
$702.3K
Hrs/Wk
1
Compensation
$0
Related Orgs
$641.1K
Other
$61.2K
Sara F Thorndike
Treasurer
$600.2K
Hrs/Wk
1
Compensation
$0
Related Orgs
$548.6K
Other
$51.6K
Shannon S Harvey
Secretary
$217.6K
Hrs/Wk
1
Compensation
$0
Related Orgs
$149.1K
Other
$68.5K
Matthew W Schuyler
Chairman Of Board
$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 |
|---|---|---|---|---|---|---|
| David M Kleppinger | Director | 1 | $0 | $0 | $0 | $0 |
| Kelley M Lynch | Director | 1 | $0 | $0 | $0 | $0 |
| M Abraham Harpster | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Wade Smith | Director | 1 | $0 | $403.9K | $42.1K | $445.9K |
| Naren K Gursahaney | Director | 1 | $0 | $0 | $0 | $0 |
| Steve B Wagman | Director |
David M Kleppinger
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kelley M Lynch
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
M Abraham Harpster
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Eric Barron | Former President | — | $0 | $606.6K | $40.4K | $647.1K |
| Frank T Guadagnino | Former Director | — | $0 | $466K | $48.7K | $514.6K |
| Nicholas Jones | Former Vice President | — | $0 | $242.9K | $518 | $243.4K |
Eric Barron
Former President
$647.1K
Hrs/Wk
—
Compensation
$0
Related Orgs
$606.6K
Other
$40.4K
Frank T Guadagnino
Former Director
$514.6K
Hrs/Wk
—
Compensation
$0
Related Orgs
$466K
Other
$48.7K
Nicholas Jones
Former Vice President
$243.4K
Hrs/Wk
—
Compensation
$0
Related Orgs
$242.9K
Other
$518
| $5,645 |
| $574 |
| 2019 | $6,788 | $6,788 | $6,805 | $5,655 | $584 |
| 2018 | $39K | $7,335 | $39K | $5,672 | $601 |
| 2017 | $43.1K | $7,520 | $43.1K | $910.4K | $618 |
| 2016 | $46.8K | $7,417 | $46.8K | $1.2M | $635 |
| 2015 | $52.8K | $9,692 | $52.8K | $1.1M | $652 |
| 2014 | $15.8K | $15.8K | $16.2K | $1.2M | $669 |
| 2013 | $259.5K | $259.4K | $260K | $1.2M | $1,084 |
| 2012 | $228K | $227.9K | $228.5K | $1.2M | $1,590 |
| 2011 | $97.1K | $97.1K | $97.6K | $1.2M | $2,074 |
| 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 | PDF not yet published by IRS |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2006 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Tracy A Riegel | Director | 1 | $0 | $0 | $0 | $0 |
Michael Wade Smith
Director
$445.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$403.9K
Other
$42.1K
Naren K Gursahaney
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve B Wagman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tracy A Riegel
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0