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Compensation includes regular salaries as well as deferred compensation from prior years; it does not include contributions to employee benefit plans, which we have included in this chart in prior years.
This data is for July 1, 2007 through June 30, 2008 (MIT’s fiscal year 2008, IRS tax year 2007). IRS Form 990 includes compensation to current and former “officers, directors, and trustees” as well as the “five highest paid employees” (§). Therefore, the list beneath Martin Kelly is not comprehensive.
The percent change (%) and difference () are calculated from prior year’s forms.
Appears in list of top five [non-officer] salaries.
* Seth Alexander’s compensation includes $267,500 of incentive compensation reported as deferred compensation in prior years’ 990 forms. Steve Marsh’s compensation includes $216,145 of such, Philip Rotner’s includes $214,240, Daniel Steele’s includes $212,381, and Martin Kelly’s includes $188,874.
** Professor Lessard has a children’s educational loan with a balance as of June 30, 2008 of $47,843. His $597,154 includes income from “executive education,” he said.
† R. Gregory Morgan has a $200,000 mortgage loan with a balance as of June 30, 2008 of $200,000.
‡ Chancellor Clay has a children’s educational loan with a balance as of June 30, 2008 of $5,000.
Corey J. Kubber—The Tech
Audience members dance as MIT students (on stage from left) Burkay Gür ’11, Serdar Karatekin ’10, Tess E. Smidt ’12, Xavier R. González ’10, and Robert A. Drenkhahn ’12 of Flamenco fusion group Capricho perform in the Mezzanine Lounge on the third floor of the Stratton Student Center on Friday. The concert was part of a series of performances by MIT students’ music groups sponsored by the MIT Live Music Connection.
Monica Gallegos—The Tech
Brian T. Basham ’12 (left) and Noah M. Arbesfeld ’13 perform in the Roadkill Buffet improvisational comedy show “The Paraskevidekatriaphobia Recovery” on Saturday evening in 6-120.
Melissa Renée Schumacher—The Tech
The MIT Cube Club held its first cubing competition on Saturday. Dozens of competitors gathered from around the country in 26-100 to test their skills at solving Rubik’s Cubes. Puzzles varied in difficulty; 5x5x5 cubes are seen here.
Monica Gallegos—The Tech
Boston-area band Gentlemen Hall performs during the Campus Blacklight Party at The Middle East Restaurant and Nightclub on Thursday evening. Clockwise from top-left: vocalist Gavin McDevitt, flautist Seth Hachen, bassist Rory Given, and guitarist/vocalist Jacob Michael.
Meng Heng Touch—The Tech
(from right) Students Chih-Yu Chao G, Dennis R. Miaw G, Paula M. Te ’11, and Jessica Lin ’12 (also a Tech photographer) join Donal Leonellis Fox in improvising “Lonely Woman” at the MIT Festival Jazz Ensemble on Saturday in Kresge Auditorium.