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Rochester Institute of Technology

Rochester Institute of Technology

Rochester, NY 14623
Tax ID16-0743140

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About this organization

Revenue

$846,261,436

Expenses

$797,214,115

Website

rit.edu

Mission

Through a unique blend of curricular, experiential, and research programs delivered within a student-centric culture, Rochester Institute of Technology prepares its students for successful careers in a global society.

About

Instruction and academic support - Established in 1829, RIT is one of the world's premier universities with an innovative and creative student body from all fifty states and over 100 countries. RIT total enrollment in fall 2018 was approximately 19,050, which included approximately 15,950 undergraduate and 3,100 graduate students. Approximately 16,650 students are enrolled at RIT's main campus and the remainder at international locations. RIT is comprised of nine colleges and two degree-granting academic units offering 243 graduate and undergraduate programs. NTID (National Technical Institute for the Deaf), one of RIT's colleges, is the world's first and largest technical institute college for deaf students with approximately 1,200 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 16,496 students in the fall of 2008 to 19,047 students in the fall of 2018, an increase of 16%.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “Through a unique blend of curricular, experiential, and research programs delivered within a student-centric culture, rochester institute of technology prepares its student for successful careers in a global society.”.

When explaining its duties, they were described as: “Through a unique blend of curricular, experiential, and research programs delivered within a student-centric culture, rochester institute of technology prepares its students for successful careers in a global society.”.

  • The state in which the non-profit is authorized to operate legally is NY.
  • According to the filing, the address of the non-profit for the year 2020 is 7 Lomb Memorial Drive, Rochester, NY, 146235603.
  • The non-profit has reported 12512 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Operates a school.
  • Collects art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $49,047,321.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 42 independent voting members.
  • The organization was formed in 1830.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $386,935,592 in salary, compensation, and benefits to its employees.
  • The organization pays $11,214,829 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization grants to a related person.
  • The organization has a business related family member transaction.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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