IRS 990 Nonprofit Profile

Massachusetts Institute of Technology Welfare Benefit Plans Trust

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.

Financials

Filing year
2023
Total revenue
$66.5M
Total expenses
$55.0M
Total assets
$1.0B
Program expenses
$54.1M
Administration
$836K
Fundraising
$0
Program share of expenses
98%
EIN
43177556
Sector
Mutual/Membership Benefit
Location
Cambridge, MA

Leadership and Compensation

Seth Alexander - Trustee
$3.7M
Glen Shor - Trustee
$956K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
2
Independent members
0

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Financial data on this page is sourced from IRS Form 990 filings.