Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
15 people listed on the 990; $1.0M paid to officers and key staff.
Frank Della Pia’s $253K as Executive Director (vtt, Llc) is at the 91st percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Frank Della Pia | $253,130 | $253,226 | $260,326 | $214,848 | $218,677 |
| Dr Kevin Kefauver | — | — | $209,008 | $167,033 | $163,482 |
| Jonathan Darab | $194,002 | $185,246 | $206,493 | $166,027 | $156,317 |
| Sean Hubbard | $150,682 | $143,248 | — | — | — |
| Lauri Mustonen | $111,370 | $105,220 | — | — | — |
| Ryan Quinn | — | — | — | — | $111,304 |
| Yi Li | $111,303 | $105,735 | — | — | — |
| Jorge Luis Rojas Albino | $104,975 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Boosts economic growth and opportunities in rural Southern Virginia.
Questions for Virginia Tech Transportation Economic Development INC
Your first name shows with your question. Virginia Tech Transportation Economic Development INC answers here, for everyone.
Know this org? Add your story
Vttedi contributes to the economic development of southside virginia through career opportunities for over 34 employees, supporting local businesses, and engaging local educational and nonprofit institutions. Vttedi has created internships for virginia tech engineering students.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $237K | $415K |
| Land, buildings, equipmentLn 10c | $7.5M | $6.7M |
| Total assetsLn 16 | $9.0M | $7.8M |
| LiabilitiesLn 26 | $8.0M | $7.9M |
| Net assetsLn 32 | $978K | −$89K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $981K | $942K | $39K | |
| Other salaries and wagesLn 7 | $1.7M | $1.6M | $67K | |
| Pension plan contributionsLn 8 | $278K | $264K | $14K | |
| Other employee benefitsLn 9 | $355K | $309K | $46K | |
| Payroll taxesLn 10 | $188K | $171K | $17K | |
| Legal feesLn 11b | $14K | $12K | $2K | |
| Accounting feesLn 11c | $57K | $50K | $7K | |
| Other fees for servicesLn 11g | $199K | $199K | ||
| Advertising and promotionLn 12 | $22K | $22K | ||
| Office expensesLn 13 | $109K | $92K | $16K | |
| OccupancyLn 16 | $219K | $202K | $17K | |
| TravelLn 17 | $7K | $7K | ||
| Conferences, conventions and meetingsLn 19 | $7K | $7K | ||
| InterestLn 20 | $249K | $249K | ||
| Depreciation, depletion and amortizationLn 22 | $835K | $835K | ||
| InsuranceLn 23 | $117K | $100K | $18K | |
| Other expenses (24a–d)Ln 24 | $635K | $635K | ||
| All other expensesLn 24e | $40K | $40K | ||
| Total functional expensesLn 25 | $6.0M | $5.8M | $244K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $4.9M | $6.0M | −$1.1M | −$89K | 990 PDF |
| FY2024 | $5.6M | $5.8M | −$290K | $978K | 990 PDF |
| FY2023 | $4.5M | $5.9M | −$1.4M | $1.3M | 990 PDF |
| FY2022 | $6.3M | $6.0M | $260K | $2.5M | 990 PDF |
| FY2021 | $4.4M | $4.8M | −$413K | $2.0M | 990 PDF |
| FY2020 | $4.1M | $5.8M | −$1.7M | $2.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $4,929,428 revenue, 12 lines filed
Part VI · Governance 0 of 5 board members independent, no flags
Part VIII · Statement of revenue $4,929,428 across 3 lines filed
Part IX · Statement of functional expenses $5,996,918 across 18 lines filed
Part X · Balance sheet $7,799,062 assets, 13 lines filed
Part XI · Reconciliation of net assets −$89,130 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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