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Employer Identification Number 04-3177556

MASSACHUSETTS INSTITUTE OF TECHNOLOGY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Employer identification number (EIN):04-3177556
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration MASSACHUSETTS INSTITUTE OF TECHNOLOGY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMassachusetts, MA

Organization Overview

Mission StatementTO PROVIDE HEALTH AND LIFE INSURANCE BENEFITS TO COVERED ELIGIBLE RETIREES OF MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND THEIR DEPENDENTS.
Number of Employees0
Number of Volunteers0
Year Formed1992

Organization Governance

Legal DomicileMA
Voting Members - Governing Body2
Voting Members - Independent0

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 1,701,000
Net unrelated business incomeUSD $ 783,507
Program Service Revenue from prior yearUSD $ 20,222,000
Program Service Revenue from current yearUSD $ 23,286,000
Investment Income from prior yearUSD $ 164,460,000
Investment Income from current yearUSD $ 52,657,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 633,242,000
Net assets / fund balances at end of fiscal yearUSD $ 914,749,000
Net assets / fund balances at beginning of fiscal yearUSD $ 952,411,000
Total liabilities at end of fiscal yearUSD $ 22,974,000
Total liabilities at beginning of fiscal yearUSD $ 4,693,000
Total assets at end of fiscal yearUSD $ 937,723,000
Total assets at beginning of fiscal yearUSD $ 957,104,000
Revenues less expenses for current yearUSD $ 24,959,000
Revenues less expenses for previous yearUSD $ 141,984,000
Total expenses for current yearUSD $ 50,984,000
Total expenses for previous yearUSD $ 42,698,000
Other expenses in current yearUSD $ 2,505,000
Other expenses in previous yearUSD $ 2,728,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 48,479,000
Benefits paid to or for members in previous yearUSD $ 39,970,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 75,943,000
Total revenue in previous fiscal yearUSD $ 184,682,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 393,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 20,506,000
Program Service Revenue from current yearUSD $ 20,222,000
Investment Income from prior yearUSD $ 45,818,000
Investment Income from current yearUSD $ 164,460,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 443,530,000
Net assets / fund balances at end of fiscal yearUSD $ 952,411,000
Net assets / fund balances at beginning of fiscal yearUSD $ 1,102,329,000
Total liabilities at end of fiscal yearUSD $ 4,693,000
Total liabilities at beginning of fiscal yearUSD $ 10,226,000
Total assets at end of fiscal yearUSD $ 957,104,000
Total assets at beginning of fiscal yearUSD $ 1,112,555,000
Revenues less expenses for current yearUSD $ 141,984,000
Revenues less expenses for previous yearUSD $ 27,317,000
Total expenses for current yearUSD $ 42,698,000
Total expenses for previous yearUSD $ 39,007,000
Other expenses in current yearUSD $ 2,728,000
Other expenses in previous yearUSD $ 2,336,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 39,970,000
Benefits paid to or for members in previous yearUSD $ 36,671,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 184,682,000
Total revenue in previous fiscal yearUSD $ 66,324,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 160,000
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 18,862,000
Program Service Revenue from current yearUSD $ 20,506,000
Investment Income from prior yearUSD $ 13,122,000
Investment Income from current yearUSD $ 45,818,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 236,974,000
Net assets / fund balances at end of fiscal yearUSD $ 1,102,329,000
Net assets / fund balances at beginning of fiscal yearUSD $ 760,583,000
Total liabilities at end of fiscal yearUSD $ 10,226,000
Total liabilities at beginning of fiscal yearUSD $ 2,028,000
Total assets at end of fiscal yearUSD $ 1,112,555,000
Total assets at beginning of fiscal yearUSD $ 762,611,000
Revenues less expenses for current yearUSD $ 27,317,000
Revenues less expenses for previous yearUSD $ -3,101,000
Total expenses for current yearUSD $ 39,007,000
Total expenses for previous yearUSD $ 35,085,000
Other expenses in current yearUSD $ 2,336,000
Other expenses in previous yearUSD $ 2,332,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 36,671,000
Benefits paid to or for members in previous yearUSD $ 32,753,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 66,324,000
Total revenue in previous fiscal yearUSD $ 31,984,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 369,000
Net unrelated business incomeUSD $ 10,456
Program Service Revenue from prior yearUSD $ 13,169,000
Program Service Revenue from current yearUSD $ 18,862,000
Investment Income from prior yearUSD $ 10,527,000
Investment Income from current yearUSD $ 13,122,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 54,471,000
Net assets / fund balances at end of fiscal yearUSD $ 760,583,000
Net assets / fund balances at beginning of fiscal yearUSD $ 711,156,000
Total liabilities at end of fiscal yearUSD $ 2,028,000
Total liabilities at beginning of fiscal yearUSD $ 1,057,000
Total assets at end of fiscal yearUSD $ 762,611,000
Total assets at beginning of fiscal yearUSD $ 712,213,000
Revenues less expenses for current yearUSD $ -3,101,000
Revenues less expenses for previous yearUSD $ -12,430,000
Total expenses for current yearUSD $ 35,085,000
Total expenses for previous yearUSD $ 36,126,000
Other expenses in current yearUSD $ 2,332,000
Other expenses in previous yearUSD $ 2,333,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 32,753,000
Benefits paid to or for members in previous yearUSD $ 33,793,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 31,984,000
Total revenue in previous fiscal yearUSD $ 23,696,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 253,000
Net unrelated business incomeUSD $ 191,141
Program Service Revenue from prior yearUSD $ 19,493,000
Program Service Revenue from current yearUSD $ 13,169,000
Investment Income from prior yearUSD $ 19,092,000
Investment Income from current yearUSD $ 10,527,000
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 117,638,000
Net assets / fund balances at end of fiscal yearUSD $ 711,156,000
Net assets / fund balances at beginning of fiscal yearUSD $ 691,327,000
Total liabilities at end of fiscal yearUSD $ 1,057,000
Total liabilities at beginning of fiscal yearUSD $ 4,131,000
Total assets at end of fiscal yearUSD $ 712,213,000
Total assets at beginning of fiscal yearUSD $ 695,458,000
Revenues less expenses for current yearUSD $ -12,430,000
Revenues less expenses for previous yearUSD $ 7,363,000
Total expenses for current yearUSD $ 36,126,000
Total expenses for previous yearUSD $ 31,222,000
Other expenses in current yearUSD $ 2,333,000
Other expenses in previous yearUSD $ 2,270,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 33,793,000
Benefits paid to or for members in previous yearUSD $ 28,952,000
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 23,696,000
Total revenue in previous fiscal yearUSD $ 38,585,000
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 133,241
Net unrelated business incomeUSD $ 65,839
Program Service Revenue from prior yearUSD $ 28,992,000
Program Service Revenue from current yearUSD $ 19,493,000
Investment Income from prior yearUSD $ 33,823,000
Investment Income from current yearUSD $ 19,092,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 141,136,000
Net assets / fund balances at end of fiscal yearUSD $ 691,327,000
Net assets / fund balances at beginning of fiscal yearUSD $ 623,498,000
Total liabilities at end of fiscal yearUSD $ 4,131,000
Total liabilities at beginning of fiscal yearUSD $ 6,410,000
Total assets at end of fiscal yearUSD $ 695,458,000
Total assets at beginning of fiscal yearUSD $ 629,908,000
Revenues less expenses for current yearUSD $ 7,363,000
Revenues less expenses for previous yearUSD $ 31,106,000
Total expenses for current yearUSD $ 31,222,000
Total expenses for previous yearUSD $ 31,709,000
Other expenses in current yearUSD $ 2,270,000
Other expenses in previous yearUSD $ 2,239,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 28,952,000
Benefits paid to or for members in previous yearUSD $ 29,470,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 38,585,000
Total revenue in previous fiscal yearUSD $ 62,815,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 426,790
Net unrelated business incomeUSD $ 274,593
Program Service Revenue from prior yearUSD $ 24,472,000
Program Service Revenue from current yearUSD $ 28,992,000
Investment Income from prior yearUSD $ -29,634,000
Investment Income from current yearUSD $ 33,823,000
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 317,681,000
Net assets / fund balances at end of fiscal yearUSD $ 623,498,000
Net assets / fund balances at beginning of fiscal yearUSD $ 549,156,000
Total liabilities at end of fiscal yearUSD $ 6,410,000
Total liabilities at beginning of fiscal yearUSD $ 198,000
Total assets at end of fiscal yearUSD $ 629,908,000
Total assets at beginning of fiscal yearUSD $ 549,354,000
Revenues less expenses for current yearUSD $ 31,106,000
Revenues less expenses for previous yearUSD $ -33,560,000
Total expenses for current yearUSD $ 31,709,000
Total expenses for previous yearUSD $ 28,398,000
Other expenses in current yearUSD $ 2,239,000
Other expenses in previous yearUSD $ 3,144,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 29,470,000
Benefits paid to or for members in previous yearUSD $ 25,254,000
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 62,815,000
Total revenue in previous fiscal yearUSD $ -5,162,000
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 5,181
Net unrelated business incomeUSD $ -31,000
Program Service Revenue from prior yearUSD $ 33,532,000
Program Service Revenue from current yearUSD $ 24,472,000
Investment Income from prior yearUSD $ -3,019,000
Investment Income from current yearUSD $ -29,634,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 96,761,000
Net assets / fund balances at end of fiscal yearUSD $ 549,156,000
Net assets / fund balances at beginning of fiscal yearUSD $ 548,921,000
Total liabilities at end of fiscal yearUSD $ 198,000
Total liabilities at beginning of fiscal yearUSD $ 691,000
Total assets at end of fiscal yearUSD $ 549,354,000
Total assets at beginning of fiscal yearUSD $ 549,612,000
Revenues less expenses for current yearUSD $ -33,560,000
Revenues less expenses for previous yearUSD $ 6,000
Total expenses for current yearUSD $ 28,398,000
Total expenses for previous yearUSD $ 30,507,000
Other expenses in current yearUSD $ 3,144,000
Other expenses in previous yearUSD $ 1,587,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 25,254,000
Benefits paid to or for members in previous yearUSD $ 28,920,000
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ -5,162,000
Total revenue in previous fiscal yearUSD $ 30,513,000
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ -22,000
Net unrelated business incomeUSD $ -74,000
Program Service Revenue from prior yearUSD $ 35,861,000
Program Service Revenue from current yearUSD $ 33,532,000
Investment Income from prior yearUSD $ -3,440,000
Investment Income from current yearUSD $ -3,019,000
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 74,786,000
Net assets / fund balances at end of fiscal yearUSD $ 548,921,000
Net assets / fund balances at beginning of fiscal yearUSD $ 495,458,000
Total liabilities at end of fiscal yearUSD $ 691,000
Total liabilities at beginning of fiscal yearUSD $ 303,000
Total assets at end of fiscal yearUSD $ 549,612,000
Total assets at beginning of fiscal yearUSD $ 495,761,000
Revenues less expenses for current yearUSD $ 6,000
Revenues less expenses for previous yearUSD $ 5,999,000
Total expenses for current yearUSD $ 30,507,000
Total expenses for previous yearUSD $ 26,422,000
Other expenses in current yearUSD $ 1,587,000
Other expenses in previous yearUSD $ 1,307,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 28,920,000
Benefits paid to or for members in previous yearUSD $ 25,115,000
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 30,513,000
Total revenue in previous fiscal yearUSD $ 32,421,000
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0

Other Company Names associated with EIN

Massachusetts Institute of Technology Welfare Benefit Plans Trust
MASSACHUSETTS INSTITUTE OF TECHNOLOGY RETIREE WELFARE BENEFIT TRUST

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 043177556

USA Mailing Address
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2024-07-31
USA Location Address
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE
MA
02139
Date first seen: 2007-01-01
Date last seen: 2024-07-31

The following addresses have been found in other jurisdictions:

Jurisdiction:Colorado Department of State
Address:
FORT COLLINS
CO
US
Jurisdiction Company ID:20211722745
Jurisdiction Registration Date:2021-08-04

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for MASSACHUSETTS INSTITUTE OF TECHNOLOGY

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