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WEST VIRGINIA UNIVERSITY INNOVATION CORPORATION

EIN 61-1764272 MORGANTOWN, WV

Revenue 2024
$2,710,934
Expenses 2024
$8,512,578

Program services were 29.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
U99
Classification
2000
Street
PO BOX 8034

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).

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.

  • Albert Wright Jr

    WVUHS President/WVUIC Director/Chair

    Total calculated
    $2,726,278
    From this org
    $0
    From related orgs
    $2,297,899
    Other
    $428,379
    Hours/week
    0.25 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $1,620,125 related
    Bonus
    not reported + $649,388 related
    Other
    not reported + $28,386 related
    Deferred
    not reported + $390,845 related
    Nontaxable benefits
    not reported + $37,534 related
    Filer's total
    not reported + $2,726,278 related

  • Nicholas Barcellona

    WVUHS CFO/WVUIC Director/Treasurer

    Total calculated
    $1,233,901
    From this org
    $0
    From related orgs
    $1,039,954
    Other
    $193,947
    Hours/week
    0.25 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $813,549 related
    Bonus
    not reported + $200,000 related
    Other
    not reported + $26,405 related
    Deferred
    not reported + $158,774 related
    Nontaxable benefits
    not reported + $35,173 related
    Filer's total
    not reported + $1,233,901 related

  • Jessica R Alsop

    WVUHS Chief Legal Officer/Director starting 12.11.25

    Total calculated
    $933,983
    From this org
    $0
    From related orgs
    $773,088
    Other
    $160,895
    Hours/week
    0.25 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $612,518 related
    Bonus
    not reported + $146,332 related
    Other
    not reported + $14,238 related
    Deferred
    not reported + $123,360 related
    Nontaxable benefits
    not reported + $37,535 related
    Filer's total
    not reported + $933,983 related

  • Stacey K Armstrong

    WVUIC President

    Total calculated
    $746,976
    From this org
    $558,924
    From related orgs
    $0
    Other
    $188,052
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $440,410
    Bonus
    $107,952
    Other
    $10,562
    Deferred
    $150,854
    Nontaxable benefits
    $37,198
    Filer's total
    $746,976

  • David Kosslow

    WVU Associate VP for Finance Treasury/WVUIC Assistant Treasurer

    Total calculated
    $227,037
    From this org
    $0
    From related orgs
    $188,959
    Other
    $38,078
    Hours/week
    12.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $185,131 related
    Bonus
    not reported
    Other
    not reported + $3,828 related
    Deferred
    not reported + $12,115 related
    Nontaxable benefits
    not reported + $25,963 related
    Filer's total
    not reported + $227,037 related

  • Erica Steratore

    AVP, WVUIC

    Total calculated
    $223,571
    From this org
    $190,234
    From related orgs
    $0
    Other
    $33,337
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,937
    Bonus
    $27,077
    Other
    $220
    Deferred
    $7,579
    Nontaxable benefits
    $25,758
    Filer's total
    $223,571

  • Randy Strimel

    Director Facilities Engineering

    Total calculated
    $211,315
    From this org
    $178,540
    From related orgs
    $0
    Other
    $32,775
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,021
    Bonus
    $21,996
    Other
    $1,523
    Deferred
    $7,231
    Nontaxable benefits
    $25,544
    Filer's total
    $211,315

  • Rossi Wiles

    WVU Deputy General Counsel for Innovation Research/WVUIC Secretary

    Total calculated
    $189,792
    From this org
    $0
    From related orgs
    $168,053
    Other
    $21,739
    Hours/week
    12.5 + 37.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $159,524 related
    Bonus
    not reported
    Other
    not reported + $8,529 related
    Deferred
    not reported + $10,303 related
    Nontaxable benefits
    not reported + $11,436 related
    Filer's total
    not reported + $189,792 related

  • Nicholas Blank

    Senior Project Manager

    Total calculated
    $168,074
    From this org
    $124,371
    From related orgs
    $0
    Other
    $43,703
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,232
    Bonus
    not reported
    Other
    $139
    Deferred
    $5,850
    Nontaxable benefits
    $37,853
    Filer's total
    $168,074

  • Chris Boland

    Manager Accounting

    Total calculated
    $145,504
    From this org
    $127,462
    From related orgs
    $0
    Other
    $18,042
    Hours/week
    40

  • Rob Snare

    Director Operations

    Total calculated
    $137,672
    From this org
    $132,190
    From related orgs
    $0
    Other
    $5,482
    Hours/week
    40

  • Thomas Heywood

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Marston Becker

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Graney

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Thomas V Flaherty

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • William D Wilmoth

    Director

    Total calculated
    $0
    Hours/week
    0.25

  • Clay B Marsh

    Director, Secretary

    Total calculated
    $0
    Hours/week
    0.25

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 — 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
    $2,710,934
    Expenses
    $8,512,578
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $1,493,034
    Expenses
    $8,167,782
    Contributions
    $500,000
    Grants paid
    $0
  • 2022
    Revenue
    $2,370,971
    Expenses
    $4,926,198
    Contributions
    $0
    Grants paid
    $0

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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

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

Declared as related by

The most recent declarers. The API serves every row.

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 10 September 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.