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Massdevelopment HEFA Trust

Public charity
DBA: % MASS HEFA
Foundations · BOSTON, MA · EIN 04-3379905

About

The trust may provide funds (i) for the benefit of massachusetts development finance agency (massdevelopment), a quasi-public entity, to reduce charges that it otherwise would impose on certain institutions using its services and (II) for the (see schedule o) benefit of certain charitable organizations and governmental entities that the former massachusetts health and educational facilities authority, prior to its merger by law into massdevelopment, was authorized by statute to assist.

In care of MASS HEFA

Donations are tax-deductible
Category
Foundations
Employees
0
Volunteers
1

Financial Snapshot

FY ending 2023-06-30
Revenue
$74K
Expenses
$247K
Assets
$9.3M
Liabilities
$23K

Financial history

$1.1M$536K$0
17181920212223
RevenueExpenses
Latest FY2023: $74K · Peak FY2022: $808K · Avg: $306K

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$151K
MASSDEVELOPMENT HEFA TRUST
Your actions

Address

99 High Street 11TH Floor
Boston, MA, 02110-232

Governance

Voting board members2
Independent members1
Conflict-of-interest policyNo
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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