Nonprofit · EIN 36-2169122
IIT RESEARCH INSTITUTE
Tax-exempt · CHICAGO, IL 60616
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $17,520,000 | $23,019,000 | -$5,499,000 | $36,279,000 | $11,389,000 | $24,890,000 |
| September 30, 2024 | 990 | $28,657,000 | $27,336,000 | $1,321,000 | $42,170,000 | $11,779,000 | $30,391,000 |
| September 30, 2023 | 990 | $27,838,000 | $25,988,000 | $1,850,000 | $43,645,000 | $14,702,000 | $28,943,000 |
| September 30, 2022 | 990 | $29,871,000 | $25,493,000 | $4,378,000 | $44,213,000 | $17,198,000 | $27,015,000 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $17,444,000
- Investment income
- $76,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,689,000
- Other salaries and wages
- $8,728,000
- Salaries, compensation and benefits (total)
- $12,574,000
- Professional fundraising fees
- $0
- Legal fees
- $157,000
- Accounting fees
- $74,000
- Occupancy
- $1,269,000
- Travel
- $76,000
- Depreciation
- $2,122,000
- Program services (functional)
- $17,256,000
- Management and general (functional)
- $5,763,000
Balance sheet and other
- Total assets, start of year
- $42,170,000
- Total assets, end of year
- $36,279,000
- Total liabilities, end of year
- $11,389,000
- Net assets, end of year
- $24,890,000
- Land, buildings and equipment
- $30,233,000
- Publicly traded securities
- $1,612,000
- Gross unrelated business income
- $168,000
- Gross receipts
- $17,520,000
- Employees
- 128
- Volunteers
- 0
- Year formed
- 1936
- State of legal domicile
- IL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David McCormick | President & Director Officer | 40 | $532,005 | $49,521 |
| Todd Bucciarelli | AVP & Business Development Manager Key employee | 40 | $262,728 | $48,797 |
| Robert Baker | AVP & Mgr Microbiology & Molecular Biology Officer | 40 | $225,381 | $40,551 |
| Kelly Garcia | Attending Veterinarian Highest-paid employee | 40 | $211,693 | $42,765 |
| Thomas Horn | Deputy Division Manager Toxicology Key employee | 40 | $202,154 | $43,097 |
| David Kaplan | Assistant Vice President & Director of Contracts Key employee | 40 | $206,800 | $25,258 |
| Sudhakar Parthasarathy | Head, Analytical Chemistry Key employee | 40 | $198,793 | $25,703 |
| Myron H Powelson IV | Director, Finance & Accounting Highest-paid employee | 40 | $174,668 | $43,404 |
| Landon Westfall | Deputy Division Manager Key employee | 40 | $174,720 | $26,296 |
| Aleemuddin Muhammad | Manager of IT & Cybersecurity Highest-paid employee | 40 | $156,618 | $41,993 |
| Nicole Kozub | Laboratory Biologist IV/Supervisor Highest-paid employee | 40 | $164,176 | $27,526 |
| Mary Smeaton | Manager, Human Resources Highest-paid employee | 40 | $145,725 | $30,432 |
| Rajagopal R Echambadi | Chairman & CEO Trustee or director, Officer | 0 | $0 | $0 |
| Walter Hazlitt | Secretary & Interim General Counsel Trustee or director, Officer | 0 | $0 | $0 |
| Jeremy Fine | Treasurer, VP Finance & CFO Trustee or director, Officer | 0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Hudson | Provost, SVP Academic Affairs & Member Trustee or director, Officer | 0 | $0 |
990 for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David McCormick | President & Director Trustee or director, Officer | 40 | $377,150 | $74,696 |
| Todd Bucciarelli | AVP & Business Development Manager Key employee | 40 | $280,549 | $55,430 |
| Robert Baker | AVP & Mgr Microbiology & Molecular Biology Officer | 40 | $213,339 | $40,711 |
| Kelly Garcia | Attending Veterinarian Highest-paid employee | 40 | $206,845 | $44,338 |
| Nicole Kozub | Laboratory Biologist IV/Supervisor Highest-paid employee | 40 | $200,403 | $30,103 |
| Thomas Horn | Deputy Division Manager Toxicology Key employee | 40 | $178,970 | $43,127 |
| David Kaplan | Assistant Vice President & Director of Contracts Key employee | 40 | $189,311 | $25,566 |
| Sudhakar Parthasarathy | Head, Analytical Chemistry Key employee | 40 | $190,529 | $15,200 |
| Aleemuddin Muhammad | Manager of IT & Cybersecurity Highest-paid employee | 40 | $155,491 | $45,701 |
| Landon Westfall | Deputy Division Manager Highest-paid employee | 40 | $167,079 | $26,087 |
| Mary Smeaton | Manager, Human Resources Highest-paid employee | 40 | $138,201 | $35,184 |
| Rajagopal R Echambadi | Chairman & CEO Trustee or director, Officer | 0 | $0 | $0 |
| Walter Hazlitt | Secretary & Interim General Counsel Trustee or director, Officer | 0 | $0 | $0 |
| Jeremy Fine | Treasurer, VP Finance & CFO Trustee or director, Officer | 0 | $0 | $0 |
| Elizabeth Hudson | Provost, SVP Academic Affairs & Member Trustee or director, Officer | 0 | $0 | $0 |
990 for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David McCormick | President & Director Trustee or director, Officer | 40 | $422,808 | $42,266 |
| Robert Baker | AVP & Mgr Microbiology & Molecular Biology Key employee | 40 | $233,707 | $38,030 |
| William Johnson | AVP & Manager Toxicology Key employee | 40 | $230,851 | $37,610 |
| Todd Bucciarelli | AVP & Business Development Manager Key employee | 40 | $218,622 | $45,485 |
| Kelly Garcia | Attending Veterinarian Highest-paid employee | 40 | $208,494 | $39,812 |
| Sridhar Jaligama | Deputy Division Manager/Study Director Key employee | 40 | $174,716 | $51,502 |
| David Kaplan | Assistant Vice President & Director of Contracts Key employee | 40 | $199,903 | $17,477 |
| Thomas Horn | Deputy Division Manager Toxicology Highest-paid employee | 40 | $175,935 | $38,959 |
| Nicole Kozub | Laboratory Biologist IV/Supervisor Highest-paid employee | 40 | $173,579 | $24,918 |
| Landon Westfall | Deputy Division Manager Highest-paid employee | 40 | $178,875 | $16,334 |
| Aleemuddin Muhammad | Manager of IT & Cybersecurity Highest-paid employee | 40 | $152,312 | $35,459 |
| Rajagopal R Echambadi | Chairman & CEO Trustee or director, Officer | 0 | $0 | $0 |
| Walter Hazlitt | Secretary & Interim General Counsel Trustee or director, Officer | 0 | $0 | $0 |
| Angela Manning-Hardiman | Treasurer, VP Finance & CFO Trustee or director, Officer | 0 | $0 | $0 |
| Kenneth T Christensen | Provost, SVP Academic Affairs & Member Trustee or director, Officer | 0 | $0 | $0 |
990 for the year ended September 30, 2022: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David McCormick | President & Director Officer | 40 | $406,233 | $42,385 |
| Todd Bucciarelli | AVP & Business Development Manager Key employee | 40 | $269,090 | $47,188 |
| Robert Baker | AVP & Mgr Microbiology & Molecular Biology Key employee | 40 | $213,349 | $35,475 |
| William Johnson | AVP & Manager Toxicology Key employee | 40 | $205,448 | $36,792 |
| Miguel Muzzio | VP & Deputy Director, Mgr Analytical Chemistry Key employee | 40 | $215,356 | $24,415 |
| Kelly Garcia | Attending Veterinarian Highest-paid employee | 40 | $195,389 | $33,367 |
| Ethan H Landesman | Director of Finance & Accounting Key employee | 40 | $195,090 | $21,242 |
| Thomas Horn | Deputy Division Manager Toxicology Highest-paid employee | 40 | $160,077 | $37,041 |
| Nicole Kozub | Laboratory Biologist IV/Supervisor Highest-paid employee | 40 | $166,734 | $23,439 |
| Sridhar Jaligama | Deputy Division Manager/Study Director Highest-paid employee | 40 | $148,751 | $35,049 |
| Glenn Miller | AVP & QA Manager Highest-paid employee | 40 | $169,139 | $9,435 |
| Rajagopal R Echambadi | Chairman & CEO Trustee or director, Officer | 1 | $0 | $0 |
| Walter Hazlitt | Secretary & Interim General Counsel Trustee or director, Officer | 1 | $0 | $0 |
| Angela Manning-Hardiman | Treasurer, VP Finance & CFO Trustee or director, Officer | 1 | $0 | $0 |
| Kenneth T Christensen | Provost, SVP Academic Affairs & Member Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 WEST 35TH STREET, CHICAGO, IL 60616-3717
- In care of
- % POWELSON MYRON
- Principal officer (990 for 2024)
- Robert Baker PhD, West 35th Street, 4th Floor, Chicago, IL 60616
- Signed the 990
- Robert Baker, Senior Vice President and Director
- Phone
- (312) 567-4000
- Website
- www.iitri.org
Mission
Perform basic research and preclinical efficacy assessments of new molecular entities being developed for the prevention and treatment of cancer and infectious disease. Discover new pathways and targets for the design and development of new small molecule therapeutics and biotherapeutic agents.
Program accomplishments
- Working with scientists from the U.S. National Cancer Institute and other organizations, perform basic research and preclinical efficacy assessments of new molecular entities being developed for the prevention and treatment of infectious disease, with particular emphasis on pathogenic agents of interest to the biodefense community. Working with the Department of Defense and other agencies, support the development of vaccines and therapeutic entities for infectious agents. Working with scientists from the U.S. National Institutes of Health and other agencies, perform preclinical assessments of small molecule therapeutics and biotherapeutics being developed for the treatment of stroke, tissue fibrosis, neurologic diseases, and other disease entities.Expenses $17,256,000 · revenue $17,276,000
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 36-2169122
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U200)
- Assets (IRS master file)
- $36,279,000
- Income (IRS master file)
- $17,520,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $17,520,000 | $23,019,000 | $36,279,000 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $28,657,000 | $27,336,000 | $42,170,000 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $27,838,000 | $25,988,000 | $43,645,000 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $29,871,000 | $25,493,000 | $44,213,000 | XML |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | 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 36-2169122).
Questions about IIT RESEARCH INSTITUTE
- What is the EIN of IIT RESEARCH INSTITUTE?
- The employer identification number (EIN) of IIT RESEARCH INSTITUTE is 36-2169122.
- Is IIT RESEARCH INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to IIT RESEARCH INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IIT RESEARCH INSTITUTE 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 IIT RESEARCH INSTITUTE due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IIT RESEARCH INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of IIT RESEARCH INSTITUTE?
- The 990 for the year ended September 30, 2025 names Robert Baker PhD.
- Who are the officers and directors of IIT RESEARCH INSTITUTE?
- The 990 for the year ended September 30, 2025 lists 16 people; 12 received compensation from the organization, the highest $532,005 (David McCormick, President & Director).
- How much revenue does IIT RESEARCH INSTITUTE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $17,520,000, expenses of $23,019,000 and total assets of $36,279,000 at year end.
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