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Massachusetts Institute of Technology Welfare Benefit Plans T

Public charity990-T FY2023
DBA: % BASIL A STEWART
Other · CAMBRIDGE, MA · EIN 04-3177556

About

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.

In care of Basil a Stewart

Donations are tax-deductible
Category
Other
Employees
0
Volunteers

Financial Snapshot

FY ending 2023-06-30
Revenue
$75.9M
Expenses
$51.0M
Assets
$937.7M
Liabilities
$23.0M

Financial history

$184.7M$92.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $75.9M · Peak FY2022: $184.7M · Avg: $63.4M
MASSACHUSETTS INSTITUTE OF TECHNOLOGY WELFARE BENEFIT PLANS T
Your actions

Address

77 Massachusetts Avenue NE49-4000
Cambridge, MA, 02139-430

Governance

Voting board members2
Independent members0
Conflict-of-interest policyNo
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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