Nonprofit · EIN 23-1543518
PENNSYLVANIA INSTITUE OF TECHNOLOGY
Tax-exempt · MEDIA, PA 19063
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,885,861 | $13,149,947 | $7,735,914 | $22,128,377 | $1,344,498 | $20,783,879 |
| June 30, 2024 | 990 | $14,079,332 | $11,544,605 | $2,534,727 | $13,394,369 | $509,675 | $12,884,694 |
| June 30, 2023 | 990 | $13,264,190 | $10,953,463 | $2,310,727 | $10,725,186 | $457,830 | $10,267,356 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,994,101
- of which government grants
- $556,205
- Program service revenue
- $15,258,637
- Investment income
- $619,575
- Net rental income
- -$5,082
- Net gain from sales of assets
- -$2,539
- Net income from fundraising events
- $14,183
- Net income from sales of inventory
- -$4,505
- Other revenue
- $13,548
Expenses
- Grants and similar amounts paid
- $417,199
- Compensation of officers, directors and key employees
- $499,235
- Other salaries and wages
- $7,059,167
- Salaries, compensation and benefits (total)
- $8,834,071
- Professional fundraising fees
- $0
- Legal fees
- $29,380
- Accounting fees
- $95,684
- Occupancy
- $111,647
- Travel
- $18,445
- Depreciation
- $283,983
- Program services (functional)
- $10,355,145
- Management and general (functional)
- $2,594,844
- Fundraising (functional)
- $199,958
Balance sheet and other
- Total assets, start of year
- $13,394,369
- Total assets, end of year
- $22,128,377
- Total liabilities, end of year
- $1,344,498
- Net assets, end of year
- $20,783,879
- Land, buildings and equipment
- $2,632,146
- Publicly traded securities
- $16,116,970
- Net assets without donor restrictions
- $16,646,524
- Net assets with donor restrictions
- $4,137,355
- Gross receipts
- $26,377,321
- Employees
- 222
- Volunteers
- 75
- Year formed
- 1953
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| H MATTHEW MEYERS | PRESIDENT AND CEO Officer | 50 | $224,480 | $28,062 |
| HEATHER PFLEGER | VP ACADEMIC AFFAIRS Officer | 40 | $142,497 | $28,783 |
| ANNAMARIE CASSIDY | VP/CHIEF FINANCIAL OFFICER Officer | 50 | $149,648 | $17,893 |
| LOUIS GIANNOTTI | CANNABIS PROGRAM DIRECTOR Highest-paid employee | 40 | $127,583 | $27,710 |
| LAURA BLOMGREN | VP ENROLLMENT MANAGEMENT Highest-paid employee | 40 | $125,518 | $16,342 |
| CRAIG JACOBS | VP DATA AND TECHNOLOGY Highest-paid employee | 40 | $133,662 | $8,020 |
| DR JAMES CAPOLUPO | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| PAUL H WOODRUFF PE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARY KAY BURKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD H DOYLE CPA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEVE BUCHANAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM DOUGHERTY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN K GARRISON ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY HYNSON LPN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH MENSCHNER DNP | TRUSTEE Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNA RUST | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM E SCHMIDT MBA | TRUSTEE Trustee or director | 1 | $0 |
| WALTER M STRINE JR | TRUSTEE Trustee or director | 1 | $0 |
| JOAN YOUNG | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT M MADONNA | TRUSTEE Trustee or director | 1 | $0 |
| JANICE MILLER LYON | TRUSTEE Trustee or director | 1 | $0 |
| ANTINUKE MOSS JD | TRUSTEE (UNTIL 12/2024) Trustee or director | 1 | $0 |
| GERI SWINDELL BSN | TRUSTEE (UNTIL 06/2025) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| H MATTHEW MEYERS | PRESIDENT AND CEO Officer | 50 | $188,354 | $20,898 |
| HEATHER PFLEGER | DEAN OF ACADEMIC AFFAIRS Officer | 40 | $134,675 | $27,803 |
| ANNAMARIE CASSIDY | CHIEF FINANCIAL OFFICER Officer | 50 | $142,016 | $18,003 |
| LOUIS GIANNOTTI | CANNABIS PROGRAM DIRECTOR Highest-paid employee | 40 | $118,256 | $32,209 |
| CRAIG JACOBS | DIRECTOR OF DATA AND TECHN Highest-paid employee | 40 | $127,706 | $7,662 |
| LAURA BLOMGREN | DIR. ENROLLMENT SVCS. & MA Highest-paid employee | 40 | $118,822 | $16,521 |
| DR JAMES CAPOLUPO | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD H DOYLE CPA | VICE CHAIRMAN/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY KAY BURKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| STEVE BUCHANAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM DOUGHERTY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN K GARRISON ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY HYNSON LPN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT M MADONNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH MENSCHNER DNP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANTINUKE MOSS JD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS PALMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM E SCHMIDT MBA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GERI SWINDELL BSN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL H WOODRUFF PE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD JACOVINI | TRUSTEE (UNTIL 7/23) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| H MATTHEW MEYERS | PRESIDENT AND CEO Officer | 50 | $151,925 | $28,570 |
| ANNAMARIE CASSIDY | CHIEF FINANCIAL OFFICER Officer | 50 | $132,000 | $17,656 |
| LOUIS GIANNOTTI | CANNABIS PROGRAM DIRECTOR Highest-paid employee | 40 | $116,445 | $26,029 |
| LAURA BLOMGREN | DIR. ENROLLMENT SVCS. & MARKETING Highest-paid employee | 40 | $109,800 | $16,241 |
| CRAIG JACOBS | DIRECTOR OF DATA AND TECHNOLOGY Highest-paid employee | 40 | $118,690 | $7,121 |
| HEATHER PFLEGER | DEAN OF ACADEMIC AFFAIRS Officer | 40 | $100,011 | $20,752 |
| DR THOMAS E MCDUFFIE JR | BOARD CHAIRMAN/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD H DOYLE CPA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANTINUKE MOSS JD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM E SCHMIDT MBA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN K GARRISON ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL H WOODRUFF PE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT M MADONNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY HYNSON LPN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH MENSCHNER DNP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GERI SWINDELL BSN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD JACOVINI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR JAMES CAPOLUPO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY KAY BURKE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAYLA L MARRINER | TRUSTEE (UNTIL 11/22) Trustee or director | 1 | $0 | $0 |
| PATRICIA VASSELL DNP RN | TRUSTEE (UNTIL 08/22) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 800 MANCHESTER AVE, MEDIA, PA 19063-4036
- Principal officer (990 for 2024)
- H MATTHEW MEYERS, 800 MANCHESTER AVE, MEDIA, PA 190634098
- Signed the 990
- H MATTHEW MEYERS, PRESIDENT AND CEO
- Phone
- (610) 892-1500
- Website
- WWW.PIT.EDU
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE MISSION OF PENNSYLVANIA INSTITUTE OF TECHNOLOGY IS STUDENT SUCCESS. CONTINUED ON SCHEDULE O.THE COLLEGE PROVIDES A SUPPORTIVE ENVIRONMENT TO ENABLE COMMITTED STUDENTS TO SUCCEED BY OFFERING THE BEST COLLEGIATE EDUCATION FOR CAREER ADVANCEMENT, TRANSFER OPPORTUNITIES, AND PERSONAL GROWTH.
Program accomplishments
- P.I.T.'S ACADEMIC PROGRAMS ARE ORGANIZED INTO BACHELOR'S, ASSOCIATE DEGREE, AND CAREER CERTIFICATE OPTIONS. MANY OF THE PROGRAMS PREPARE GRADUATES TO OBTAIN STATE OR NATIONAL INDUSTRY CERTIFICATION IN THEIR FIELD. A BACHELOR'S DEGREE IN BUSINESS IS AVAILABLE ALONG WITH ASSOCIATE DEGREE PROGRAMS INCLUDING GENERAL STUDIES, HEALTH SCIENCE, HEALTHCARE MANAGEMENT, BUSINESS MANAGEMENT, ALLIED HEALTH, PHYSICAL THERAPIST ASSISTANT, DIAGNOSTIC MEDICAL SONOGRAPHY, AND THREE TRACKS OF CANNABIS STUDIES. THROUGH ITS SCHOOL OF PROFESSIONAL PROGRAMS, P.I.T. OFFERS CAREER CERTIFICATES IN PRACTICAL NURSING, AND MEDICAL ASSISTING. CONTINUED ON SCHEDULE O.STUDENTS IN DEGREE PROGRAMS EARN TRANSFERABLE COLLEGE CREDITS. STUDENTS IN ALLIED HEALTH CAREER CERTIFICATE PROGRAMS, UPON GRADUATION, MAY FURTHER THEIR EDUCATION AT P.I.T. BY COMPLETING ADDITIONAL REQUIRED COURSES TO EARN AN ASSOCIATE DEGREE IN ALLIED HEALTH TECHNOLOGY. DEGREE GRADUATES MAY TRANSFER THEIR CREDITS TO ONE OF THE MANY COLLEGES AND UNIVERSITIES WITH WHOM THE COLLEGE HAS ESTABLISHED MATRICULATION AGREEMENTS.IN ADDITION TO P.I.T.'S NATIONALLY RECOGNIZED ACADEMIC DEVELOPMENTAL PROGRAM AND LIBRARY SERVICES, STUDENT SUPPORT PROGRAMS INCLUDE CAREER PLANNING, COLLEGE SUCCESS WORKSHOPS, TUTORING, ACADEMIC SUPPORT COUNSELING, AND CAREER PLACEMENT. THE COLLEGE ALSO PROVIDES FULL AND PARTIAL SCHOLARSHIPS TO MANY STUDENTS WHO WOULD OTHERWISE NOT BE FINANCIALLY ABLE TO PURSUE A COLLEGIATE TECHNICAL EDUCATION. ENROLLMENT GROWTH:P.I.T. EXPERIENCED A SIGNIFICANT INCREASE IN STUDENT ENROLLMENT, REINFORCING ITS REPUTATION AS A PREFERRED INSTITUTION FOR HIGHER EDUCATION.ENHANCED TRANSFER OPPORTUNITIES:THE INSTITUTE STRENGTHENED PARTNERSHIPS WITH FOUR-YEAR COLLEGES, FACILITATING SMOOTHER TRANSFER PATHWAYS FOR STUDENTS AND EXPANDING THEIR ACADEMIC AND CAREER PROSPECTS.CAREER-FOCUSED EDUCATION:P.I.T. CONTINUED TO EMPHASIZE CAREER-ENHANCING PROGRAMS, ENSURING THAT GRADUATES ARE WELL-PREPARED TO MEET THE DEMANDS OF THE EVOLVING JOB MARKET.COMMITMENT TO STUDENT SUCCESS:THE INSTITUTE MAINTAINED A SUPPORTIVE ENVIRONMENT DEDICATED TO STUDENT ACHIEVEMENT, OFFERING RESOURCES AND EXPERIENCES THAT PROMOTE PERSONAL GROWTH AND ACADEMIC EXCELLENCE.Expenses $10,355,145 · grants $417,199 · revenue $15,258,637
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1543518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42Z)
- Assets (IRS master file)
- $22,128,377
- Income (IRS master file)
- $26,377,321
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $20,885,861 | $13,149,947 | $22,128,377 | XML |
| 990 | June 2024 | $14,079,332 | $11,544,605 | $13,394,369 | IRS |
| 990 | June 2023 | $13,264,190 | $10,953,463 | $10,725,186 | XML |
| 990 | June 2022 | $13,243,605 | $9,626,722 | $8,362,791 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1543518).
Questions about PENNSYLVANIA INSTITUE OF TECHNOLOGY
- What is the EIN of PENNSYLVANIA INSTITUE OF TECHNOLOGY?
- The employer identification number (EIN) of PENNSYLVANIA INSTITUE OF TECHNOLOGY is 23-1543518.
- Is PENNSYLVANIA INSTITUE OF TECHNOLOGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to PENNSYLVANIA INSTITUE OF TECHNOLOGY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PENNSYLVANIA INSTITUE OF TECHNOLOGY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PENNSYLVANIA INSTITUE OF TECHNOLOGY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENNSYLVANIA INSTITUE OF TECHNOLOGY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PENNSYLVANIA INSTITUE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 names H MATTHEW MEYERS.
- Who are the officers and directors of PENNSYLVANIA INSTITUE OF TECHNOLOGY?
- The 990 for the year ended June 30, 2025 lists 23 people; 6 received compensation from the organization, the highest $224,480 (H MATTHEW MEYERS, PRESIDENT AND CEO).
- How much revenue does PENNSYLVANIA INSTITUE OF TECHNOLOGY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,885,861, expenses of $13,149,947 and total assets of $22,128,377 at year end.
Other nonprofits in MEDIA
- WILLIAMSON COLLEGE OF THE TRADES EIN 23-1352691 · last filed 990 for 2025
- MEDIA-PROVIDENCE FRIENDS SCHOOL EIN 23-1386177 · last filed 990 for 2025
- I C P A INC EIN 58-2331326 · last filed 990 for 2025
- THE WALDEN SCHOOL INC EIN 23-1713166 · last filed 990 for 2025
- DELAWARE COUNTY COMMUNITY COLLEGE EDUCATIONAL FOUNDATION EIN 23-2143790 · last filed 990 for 2025
- COLLEGIATE CONSORTIUM FOR WORKFORCE AND ECONOMIC DEVELOPMENT EIN 23-2928839 · last filed 990 for 2025
- MEDIA-UPPER PROVIDENCE FREE LIBRARY ASSOCIATION EIN 23-1384955 · last filed 990 for 2024
- THETA DELTA CHI INC EIN 24-6019864 · last filed 990 for 2025