Mit Club Of Washington Dc Inc
- Assets
- $100.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 10/1985
- Data as of
- 06/2021
- EIN
- 52-1184031
Organization Overview
Mit Club Of Washington Dc Inc is located in Mclean, VA. The organization was established in 1985. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mit Club Of Washington DC 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 Club Of Washington DC Inc generated $36.3k 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 (20.5%) each year. All expenses for the organization totaled $32.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yue Yang Club Adminis | 20 | $18,000 | |
Gene Allen Immed Past P | 2 | $0 | |
Gail H Marcus 2nd Vice Pre | 2 | $0 | |
Dr Mina Marefat President | 2 | $0 | |
Gregory Howland Secretary | 2 | $0 | |
Gregory Greeley Educational | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,921 |
| Total Program Service Revenue | $2,759 |
| Membership dues | $30,602 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $25,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,230 |
| Total expenses | $32,235 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,875 |
| Other assets | $0 |
| Total assets | $100,723 |
| Total liabilities | $22,700 |
| Net assets or fund balances | $78,023 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mit Club Of Washington Dc Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Sawhney Family Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
General Alumni Assoc Chapel Hill, NC | $118,995,183 | $8,416,070 |
North Carolina State University Alumni Association Raleigh, NC | $63,898,145 | $4,644,432 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
Duke Alumni Association Inc Durham, NC | $792,785 | $1,542,394 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |
Western Kentucky University Alumni Association Inc Bowling Green, KY | $10,394,906 | $2,845,412 |
The William & Mary Alumni Association Williamsburg, VA | $17,614,016 | $1,967,274 |
Medical Alumni Association Of The University Of Maryland Inc Baltimore, MD | $3,956,640 | $1,660,288 |