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IIT Research Institute

Public charityFed auditsIRS 990990-T FY2023
DBA: % POWELSON MYRON
Other · CHICAGO, IL · EIN 36-2169122

About

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.

In care of Powelson Myron

Donations are tax-deductible
Category
Other
Employees
127
Volunteers
0

Financial Snapshot

FY ending 2024-09-30
Revenue
$28.7M
Expenses
$27.3M
Assets
$42.2M
Liabilities
$11.8M

Financial history

$29.9M$14.9M$0
222324
RevenueExpenses
Latest FY2024: $28.7M · Peak FY2022: $29.9M · Avg: $28.8M
IIT RESEARCH INSTITUTE
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Address

10 WEST 35TH Street
Chicago, IL, 60616-371

Governance

Voting board members4
Independent members0
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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