Mit Sloan Boston Alumni Association Inc

Organization Overview

Mit Sloan Boston Alumni Association Inc is located in Boston, MA. The organization was established in 2002. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2021, Mit Sloan Boston Alumni Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mit Sloan Boston Alumni Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Mit Sloan Boston Alumni Association Inc generated $424.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $347.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MIT SLOAN BOSTON ALUMNI ASSOCIATION'S MISSION IS TO BUILD AN EXTENSIVE AND VIBRANT MIT SLOAN ALUMNI COMMUNITY ACROSS NEW ENGLAND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY AND CONTINUING EDUCATION PROGRAMS, EVENTS AND ACTIVITIES.


COMMUNITY AND CONTINUING EDUCATION PROGRAMS, EVENTS AND ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Uller
President
$0
Christopher Reichert
Treasurer
$0
Raymond Chang
Assistant Treasurer
$0
David Harelick
Clerk
$0
Nicholas Holda
Vice President
$0
Kara Kelley
Assistant Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $79,589
All other contributions, gifts, grants, and similar amounts not included above$253,643
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$333,232
Total Program Service Revenue$88,774
Investment income $1,945
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $423,951

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Mit Sloan Boston Alumni Association Inc has recieved totaling $2,750.

Awarding OrganizationAmount
Lee & Louis Kuhn Foundation Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$2,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250
View Grant Recipient Profile

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