- Revenue 2024
- $144,228,618
- Expenses 2024
- $125,056,129
Program services were 79.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B430
- Classification
- 2000
- Street
- 1600 E WASHINGTON BLVD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
INDIANA TECH IS A PRIVATE, INDEPENDENT, AND NON-DENOMINATIONAL UNIVERSITY. STUDENTS ARE PREPARED FOR ACTIVE PARTICIPATION IN THE COMPLEX, GLOBAL SOCIETY OF THE 21ST CENTURY AND ARE MOTIVATED TOWARD A LIFE OF SIGNIFICANCE AND WORTH. ABOUT 1,300 STUDENTS ARE ENROLLED IN THE TRADITIONAL DAY SCHOOL, AND THE COLLEGE OF PROFESSIONAL STUDIES HAS ABOUT 5,500 STUDENTS ENROLLED.
Activities or mission (Part I)
PROVIDES LEARNERS WITH CAREER-FOCUSED, PROFESSIONAL EDUCATION IN THE AREAS OF BUSINESS, COMPUTER STUDIES, ENGINEERING, CRIMINAL SCIENCE, AND GENERAL STUDIES.
-
AT INDIANA INSTITUTE OF TECHNOLOGY, WE EXCEL AT EDUCATING STUDENTS FROM ALL WALKS OF LIFE, FOR ALL KINDS OF MEANINGFUL WORK. WE'RE A TRULY INCLUSIVE COMMUNITY OF LEARNERS, ENSURING THAT STUDENTS ARE SUPPORTED, INSPIRED, AND EMPOWERED TO MAXIMIZE THEIR PROFESSIONAL PROSPECTS, ADVANCE IN THEIR CAREERS, AND IMPROVE THEIR LIVES AND THE LIVES OF OTHERS. WE BELIEVE STUDENTS LEARN BEST WHEN THEY MEANINGFULLY ENGAGE WITH A REAL-WORLD PROFESSOR. WITH AN ALUM. WITH A CAUSE. WITH A TEAM. WITH A PEER. SIMPLY PUT, OUR MODEL IS HANDS-ON. INDIANA TECH OFFERS DEGREES AT THE ASSOCIATE, BACHELOR'S, MASTER'S AND DOCTORAL LEVELS, IN FIELDS SUCH AS ENGINEERING, COMPUTER SCIENCES, CYBERSECURITY, BUSINESS, ANALYTICS, CRIMINAL JUSTICE, BIOLOGY, HEALTH SCIENCES, AND MORE. IN ALL, THE UNIVERSITY OFFERS MORE THAN 60 QUALITY DEGREE OPTIONS.
Expenses $99,071,392 · Grants $46,669,819 · Revenue $102,671,116
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Karl W Einolf
President
- Total calculated
- $693,403
- From this org
- $551,991
- From related orgs
- $0
- Other
- $141,412
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $471,411
- Bonus
- $79,278
- Other
- $1,302
- Deferred
- $100,819
- Nontaxable benefits
- $40,593
- Filer's total
- $693,403
-
Anthony J Juliano
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Arnold O Pierson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Cheri A Becker
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Clifford M Clark
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Crystal ThomasCRYSTAL THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
D Geoffrey Paddock
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David J Nash
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dena M Jacquay
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gregg C Sengstack
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jack Phlipot
Associate Professor
- Total calculated
- $161,162
- From this org
- $121,369
- From related orgs
- $0
- Other
- $39,793
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,190
- Bonus
- $0
- Other
- $1,179
- Deferred
- $11,511
- Nontaxable benefits
- $28,282
- Filer's total
- $161,162
-
Jarrod R Stoller
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey A Benzing
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey WitteJEFFREY WITTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John Kunze
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mark Dely
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Richard J Schul
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Thomas L Burns
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Wendy Kobler
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Whitney Bandemer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
William Daugherty
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Judy K Roy
Treasurer
- Total calculated
- $322,463
- From this org
- $274,129
- From related orgs
- $0
- Other
- $48,334
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,710
- Bonus
- $4,565
- Other
- $1,854
- Deferred
- $27,454
- Nontaxable benefits
- $20,880
- Filer's total
- $322,463
-
Daniel J Stoker
VP Student Affairs
- Total calculated
- $223,540
- From this org
- $176,182
- From related orgs
- $0
- Other
- $47,358
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,372
- Bonus
- $0
- Other
- $810
- Deferred
- $17,537
- Nontaxable benefits
- $29,821
- Filer's total
- $223,540
-
Kathleen H Watland
VPAA
- Total calculated
- $265,819
- From this org
- $204,931
- From related orgs
- $0
- Other
- $60,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,613
- Bonus
- $0
- Other
- $3,318
- Deferred
- $20,763
- Nontaxable benefits
- $40,125
- Filer's total
- $265,819
-
Steve A Herendeen
VP Enrollment Management
- Total calculated
- $308,246
- From this org
- $224,358
- From related orgs
- $0
- Other
- $83,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,536
- Bonus
- $0
- Other
- $822
- Deferred
- $23,428
- Nontaxable benefits
- $60,460
- Filer's total
- $308,246
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $144,228,618
- Expenses
- $125,056,129
- Contributions
- $28,107,769
- Grants paid
- $46,696,519
-
2023
- Revenue
- $101,696,525
- Expenses
- $109,583,110
- Contributions
- $5,089,293
- Grants paid
- $40,571,110
-
2022
- Revenue
- $87,182,224
- Expenses
- $94,726,379
- Contributions
- $6,082,896
- Grants paid
- $28,672,583
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $115,536,261
- Expenses
- $98,047,098
- Assets (EOY)
- $320,737,366
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $108,107,562
- Expenses
- $95,245,973
- Assets (EOY)
- $325,851,841
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $97,349,817
- Expenses
- $93,576,478
- Assets (EOY)
- $274,881,086
-
2018 · 990
- Revenue
- $102,126,239
- Expenses
- $93,738,068
- Assets (EOY)
- $276,713,412
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$13,500
2024 SPONSORSHIP
-
2024 SPONSORSHIP
-
$6,500
2024 SPONSORSHIP
Grants received
-
DONOR ADVISED CHARITABLE GIVING
$56,000
2023 EDUCATION
-
$50,000
2022 Nexus Higher Education Grant
-
$50,000
2022 NURSING PROGRAM SUPPORT
-
$45,764
2023 Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
-
$36,764
2022 Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the grant/Contract
-
DONOR ADVISED CHARITABLE GIVING
$35,500
2022 EDUCATION
-
2022 IDEA ACTION PLAN
-
2024 Ball Venture Fund 2025
-
2022 EDUCATION
-
2023 GROWTH
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
INDEPENDENT COLLEGES OF INDIANA
501(c)(3) · EDUCATION · IN
Declared as related by
-
INDEPENDENT COLLEGES OF INDIANA INC
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.