MITRE Corporation

The MITRE Corporation is a nonprofit organization that operates “federally funded research and development centers” (FFRDCs) with the aim to improve government agencies and their partners. 1 In 2023, the organization reported a revenue of $2 billion and ended the year with $700 million in assets. 2

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At-A-Glance

Type: Non-profit, 501(c)(3)
Website: www.mitre.org
Formation:

1958

President/CEO:

Mark Peters

Location: Mclean, VA View on map
Tax ID: 04-2239742
Most Recent Filing: 2024
Budget (2024): Assets: $1,186,820,863 Revenue: $2,475,879,129 Expenses: $2,400,902,975

Contents

    Background

    The MITRE Corporation was founded in 1958 and is formally incorporated in Delaware. 3

    Activities

    The MITRE Corporation runs federally funded research and development centers in the United States and throughout the world. The Corporation claims to apply engineering methods to the data collected in these centers and recommends changes to improve efficiency. Its six major federally funded research and development centers work with the U.S. Department of Defense (DoD), the Federal Aviation Administration (FAA), the U.S. Department of the Treasury and the Internal Revenue Service (IRS), the U.S. Department of Homeland Security (DHS), the U.S. Department of Health and Human Services (HHS), and the National Institute of Standards and Technology. 4

    According to forum posts on the website of tech start-up accelerator Y Combinator, MITRE directly advocates for the U.S. military and intelligence agencies, representing them at conferences and committees and helping them shape government policy in their favor. As such, MITRE is granted access to secure files in a way that is rare among contractors, and MITRE staffers have extremely close ties with high-level Defense and Security government employees. 5 However, the MITRE Corporation does not report any lobbying expenses on its tax return and claims it does not lobby the U.S. government. 6

    Financials

    In 2023, the MITRE Corporation reported revenue of $2,372,797,370, expenses of $2,318,681,975, and net assets of $745,020,106. 7

    It paid its officers, directors, trustees, and key employees $25,461,501, spent $1,283,561,677 on “other salaries and wages,” $145,364,257 on pension plans, $307,286,773 on other employee benefits, and $146,485,690 on fees for non-employee services. 8

    Funding

    The MITRE Corporation receives a large amount of funding from the U.S. government. Of its 2023 reported revenue of $2,372,797,370, $2,354,247,526 came from government grants. 9  An additional $1,791,162 came from membership dues. 10 Its investments brought in an income of $5,380,523 and its royalties brought in $397,894. 11

    Grantmaking and Spending

    In 2023, the MITRE Corporation reported substantial payments to independent contractors. These included accounting firm KPMG LLP ($7,017,150), Tangoe Inc. ($7,717,318), CE Floyd Company Inc. ($8,959,068), GCS-Sigal ($10,886,379), and Cushman Wakefield Inc. ($22,381,744 for “real estate services”). 12

    In 2023, the MITRE Corporation spent a total of $37,452,862 on “DOD and CAA Projects” abroad. Of this, $19,377,358 was spent on programs in East Asia and the Pacific, $17,164,585 on programs in Europe, $360,969 on programs in the Middle East and North Africa, $134,470 on programs in North America, $34,191 on programs in Russia and “the Newly Independent States,” $92,753 on programs in South America, and $288,536 on programs in Sub-Saharan Africa. 13

    Leadership

    As of 2025, Mark Peters serves as the president and CEO of the MITRE Corporation. Peters is described as a “recognized expert in nuclear energy and national security.” He worked for 25 years in scientific research projects for federal research and development centers. Prior to joining MITRE, Peters was the executive vice president of laboratory management and operations at the Battelle Memorial Institute. He sits on the boards of Idaho Power, the National Academies Board on Human-Systems Integration, and several other organizations. 14

    In 2025, the MITRE Corporation reported having roughly 10,000 staff. 15

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $1,186,820,863 $2,475,879,129 $2,400,902,975 View
    2023 $1,130,142,146 $2,372,797,370 $2,318,681,975 View
    2022 $1,187,855,880 $2,236,685,995 $2,224,471,060 View
    2021 $1,040,944,020 $2,036,439,484 $2,008,596,028 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 10374

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Dr Jason F ProvidakesPRESIDENT & CEO – PARTIAL YEAR$5,896,430
    Mark T PetersPRESIDENT & CEO – PARTIAL YEAR$2,378,541
    Dr Laurie GiandomenicoSVP,CHIEF ACCELERATION OFFICER – UNTIL DEC$1,701,605
    Kathleen P FedericoSVP, CHIEF PEOPLE OFFICER – UNTIL AUG$1,612,422
    Dr Cedric SimsSVP, Enterprise Innovation and Integration$1,554,161
    Keoki JacksonSVP, GM of the MITRE National Security Sector (MNS)$1,137,761
    T Charles Clancy IIISVP, GM MITRE LABS, CTO$1,044,267
    Wilson Y WangSVP, CFO, TREASURER$984,551
    Beth D MeinertSVP and GM, MITRE Public Sector (MPS)$981,081
    Julie BowenSVP,CLO,OPERATIONS & OUTREACH$902,886
    Dr Jay J SchnitzerSVP, Chief Engineer Officer, Chief Medical Officer$831,463
    Kimberly WarrenVICE PRESIDENT – UNTIL MARCH$644,775
    Yosry A BarsoumVP and Director, Center for Securing the Homeland (CSH)$633,239
    Dr Gregory K CrawfordVP, Cross Cutting, Joint, Allies & Partners$606,268
    Douglas P RobbinsVP ENGINEERING & PROTOTYPING$600,478
    Dr Kristina BuckleyVP AND DIRECTOR, CIT$599,601
    Steven J KirinVP, CORPORATE OPERATIONS$570,027
    Wen MastersVP, CYBER TECHNOLOGIES$565,762
    Austin Y WangVP, INTELLIGENCE CENTER$553,795
    Chris FallVP, APPLIED SCIENCES$551,852
    Stephanie E TurnerVP, Diversity & Chief Sustainability Officer$537,383
    Tass Hudak IISingapore Site Leader$529,355
    Shawn FaganSystems Engineer, Japan$518,252
    Dr Gerry GilbertMITRE Fellow$516,609
    Dr Eliahu H NiewoodVP AIR & SPACE FORCES – UNTIL OCT$510,912
    Marin S HalperVP, DOD & Services Center$503,309
    Kevin B TonerVP OF CGEM$488,819
    Deborah YoumansVP, CHIEF INFORMATION OFFICER$485,062
    Carl G BucySystems Engineer, Japan$447,501
    Jesus N Abelarde JrSystems Engineer, Japan$445,229
    Stephen Louis OndraVP, Health FFRDC$427,130
    Katie A SchrothVP, Air and Space Forces$363,557
    Jan TigheTRUSTEE$97,500
    Susan GordonVICE CHAIR$97,500
    Cathy MinehanTRUSTEE$92,500
    John NoseworthyTRUSTEE UNTIL OCTOBER 1$90,000
    Adalio SanchezTRUSTEE$88,125
    Yvette MelendezTRUSTEE$85,000
    Rodney Earl SlaterTRUSTEE, CHAIR$80,900
    Richard D ClarkeTRUSTEE$80,900
    Michael P HuertaTRUSTEE$77,500
    George HalvorsonTRUSTEE$70,000
    Lance CollinsTRUSTEE$70,000
    Maury BradsherTRUSTEE$70,000
    Paul KaminskiTRUSTEE$70,000
    John Chris InglisTRUSTEE$17,500

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $350,000
    • Number of Grants: 2
    • Number of Funders: 2

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $200,0002020 Mitre Engenuity IncorporatedGENERAL SUPPORT

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $10,000,000
    • Number of Grants: 2
    • Number of Recipients: 1

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $5,000,0002020 Mitre Engenuity IncorporatedGENERAL SUPPORT

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. “Home.” MITRE Corporation. Accessed February 24, 2025. https://www.mitre.org/.
    2. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part I, lines 12, 22.
    3. [1] Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Boxes L and M.
    4. [1] “R&D Centers.” MITRE Corporation. Accessed February 24, 2025. https://www.mitre.org/our-impact/rd-centers.
    5. “Hacker News – Can anyone shed light on what MITRE Corporation is and what kind of systems they build?” YCombinator, August 14, 2019. Accessed February 24, 2025. https://news.ycombinator.com/item?id=20694381.
    6. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part IV, line 4; Part IX, line 11d.
    7. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part I, lines 12, 18, 22.
    8. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part IX – Statement of Functional Expenses.
    9. [1] Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part VIII – Statement of Revenue, line e.
    10. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part VIII – Statement of Revenue, 2a, line g.
    11. [1] Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part VIII – Statement of Revenue, sections 3 and 5.
    12. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Part VII, Section B. – Independent Contractors.
    13. Return of Organization Exempt from Income Tax (Form 990). MITRE Corporation. 2023. Schedule F, Part I – General Information on Activities Outside the United States.
    14. “Mark Peters.” MITRE Corporation. Accessed February 24, 2025. https://www.mitre.org/who-we-are/our-people/mark-peters.
    15. “Mark Peters, PH.D.” MITRE Corporation. Accessed February 24, 2025. https://www.mitre.org/who-we-are/our-people/mark-peters.