NonprofitsMit Real Estate Foundation Inc

Science & Technology

Mit Real Estate Foundation Inc

CAMBRIDGE, MA

Total revenue

$4.3M

Total expenses

$2.4M

Net assets

$4.8M

Grants received

EIN

043397800

Tax year

2023

Mission

To hold real estate and any other form of property for the benefit of massachusetts institute of technology (mit), of cambridge, massachusetts, and otherwise to aid, assist and enable mit to carry out its educational and charitable purposes, all within the limitations of section 501(c)(3) and 509(a)(3) of the irs.

Financials

FY 2023

Revenue

Contributions & grants$3.7M
Program service revenue
Investment income$550K
Other revenue$24K
Total revenue$4.3M

Expenses

Grants paid$2.4M
Salaries & benefits
Fundraising
Other expenses$21K
Total expenses$2.4M
Total assets$4.8M
Net assets$4.8M

People

3 listed

NameRoleCompensation

Seth Alexander

President, Treasurer, and Clerk

Board

1 hrs/wk

Patrick Rowe

Assistant Treasurer and Assistant Clerk

Board

1 hrs/wk

Steven Marsh

Former Assistant Treasurer and Assistant Clerk

Staff

1 hrs/wk

Details

EIN043397800
NTEE codeU40Z
Subsection03
Ruling date1998-05
Formed1997
Employees0
Volunteers0
MIT REAL ESTATE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo