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TO PROVIDE HEALTH AND LIFE INSURANCE BENEFITS TO COVERED ELIGIBLE RETIREES OF MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND THEIR DEPENDENTS, AS WELL AS INDIVIDUALS RECEIVING LONG-TERM DISABILITY BENEFITS FOR AT LEAST THREE YEARS.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$66.5M
Program Spending
98%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$55M
Total Assets
$1B
Total Liabilities
▼$24.7M
Net Assets
$985.5M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$41.1M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $66.5M | $0 | $55M | $1B | $985.5M |
| 2022IRS e-File | $75.9M | $0 | $51M | $937.7M | $914.7M |
| 2021 | $66.3M | $0 | $39M | $1.1B | $1.1B |
| 2020 | $32M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Glen Shor | Trustee | 1 | $0 | $883.1K | $73K | $956.2K |
| Seth Alexander | Trustee | 1 | $0 | $3.1M | $613.4K | $3.7M |
Glen Shor
Trustee
$956.2K
Hrs/Wk
1
Compensation
$0
Related Orgs
$883.1K
Other
$73K
Seth Alexander
Trustee
$3.7M
Hrs/Wk
1
Compensation
$0
Related Orgs
$3.1M
Other
$613.4K
| $0 |
| $35.1M |
| $762.6M |
| $760.6M |
| 2019 | $23.7M | $0 | $36.1M | $712.2M | $711.2M |
| 2018 | $38.6M | $0 | $31.2M | $695.5M | $691.3M |
| 2017 | $62.8M | $0 | $31.7M | $629.9M | $623.5M |
| 2016 | -$5.2M | $0 | $28.4M | $549.4M | $549.2M |
| 2015 | $30.5M | $0 | $30.5M | $549.6M | $548.9M |
| 2014 | $32.4M | $0 | $26.4M | $495.8M | $495.5M |
| 2013 | $34.3M | $0 | $26.3M | $428.9M | $415M |
| 2012 | $56.3M | $0 | $24.4M | $361.2M | $358.9M |
| 2011 | $57.6M | $0 | $25.5M | $311.9M | $311.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |