Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
EIN 04-6066546 • 501(c)2 • Garden City, NY
Profile
To establish and maintain a place of residence for students attending the massachusetts institute of technology. To support fully the educational goals of the massachusetts institute of technolgy, to foster the scholarly, literary, and cultural development of the members.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
56th percentile
Higher top officer pay than 56% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Down$3,485,664
Down $123,940 (-3.4%) from 2023
Liabilities
Down$1,487,432
Down $77,849 (-5.0%) from 2023
Net Assets
Down$1,998,232
Down $46,091 (-2.3%) from 2023
Revenue
Down$196,120
Down $881,261 (-82%) from 2023
Expenses
Up$242,210
Up $9,833 (+4.2%) from 2023
Net Income
Down-$46,090
Down $891,094 (-105%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To establish and maintain a place of residence for students attending the massachusetts institute of technology. To support fully the educational goals of the massachusetts institute of technolgy, to foster the scholarly, literary, and cultural development of the members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,771,868 | $2,693,517 | ▼ $78,351 |
| Investments Other Securities | $499,826 | $632,889 | ▲ $133,063 |
| Cash and Non-Interest-Bearing Accounts | $289,594 | $159,258 | ▼ $130,336 |
| Accounts Receivable | $48,316 | $0 | ▼ $48,316 |
| Total Assets | $3,609,604 | $3,485,664 | ▼ $123,940 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,520,299 | $1,477,582 | ▼ $42,717 |
| Other Liabilities | $0 | $9,337 | ▲ $9,337 |
| Accounts Payable and Accrued Expenses | $44,982 | $513 | ▼ $44,469 |
| Total Liabilities | $1,565,281 | $1,487,432 | ▼ $77,849 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,044,323 | $1,998,232 | ▼ $46,091 |
| Total Net Assets Fund Balance | $2,044,323 | $1,998,232 | ▼ $46,091 |
| Total Liabilities and Net Assets / Fund Balance | $3,609,604 | $3,485,664 | ▼ $123,940 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,668,438 | $847,465 | $3,515,903 |
| Other Land Buildings | $25,079 | $118,682 | $143,761 |
| Other Securities | $632,889 | - | - |
| Name | Title |
|---|---|
| Chris Hall | President |
| Evan Tencer | Vice President |
| Christian Jamison | Director |
| Dan Monagle | Director |
| Douglas Vincent | Director |
| George Mabry | Director |
| Kevin Lyons | Director |
| Louis Frasco | Director |
| Mark Spadafora | Director |
| Ralph Grismala | Director |
| Spencer Hylen | Director |
| Steve Quattrocciochi | Director |
| Tracy Clark | Director |
| Tyler Ray | Director |
| Mark Wright | Alumni Relations |
| Chris Mauck | House Manager |
| Ned Gordon | Secretary |
| John Halloran | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $242,210 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | $91,917 | - | $91,917 |
| Interest | $45,131 | - | - | $45,131 |
| Insurance | $39,366 | - | - | $39,366 |
| Fees for Services Other | $7,393 | - | - | $7,393 |
| Other Expenses | $25,460 | $6,198 | - | $6,198 |
| Fees for Services Accounting | - | $2,530 | - | $2,530 |
| All Other Expenses | - | $803 | - | $803 |
| Office Expenses | - | $198 | - | $198 |
| Total Functional Expenses | $117,350 | $124,860 | $0 | $242,210 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deposits | $9,337 |
“The organization is a non-stock nonprofit corporation with members. The general members are defined in the bylaws as all initiated members of the fraternity who have graduated or left mit. A. The general members elect the governing members (directors and officers). B. The general members must approve some actions of the governing members. (e.g. Bylaw changes) c. The general members are not entitled to any distributions or income or assets under any circumstances.”
“The general membership elects all director and officer positions. Every member gets one vote. Ballots are run off until a majority is achieved.”
“The general membership must approve certain actions including bylaw changes, motions brought forth by members, and removals from office. Every member gets one vote, majority rules.”
“A copy is made available by email request.”
“Requests for documents may be sent to the treasurer or secretary and are provided via email.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 44982 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 513 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 48316 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO ESTABLISH AND MAINTAIN A PLACE OF RESIDENCE FOR STUDENTS ATTENDING THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY. TO SUPPORT FULLY THE EDUCATIONAL GOALS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLGY, TO FOSTER THE SCHOLARLY, LITERARY, AND CULTURAL DEVELOPMENT OF THE MEMBERS. |
| IRS990/AllOtherContributionsAmt | 0 | 13225 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 803 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 803 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOHN HALLORAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6468205646 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 39 PRESCOTT ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GARDEN CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11530 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 289594 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 159258 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 13225 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 32895 |
| IRS990/CYOtherExpensesAmt | 0 | 242210 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 150000 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -46090 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 242210 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 196120 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 91917 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 91917 |
| IRS990/Desc | 0 | INTEREST |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 45131 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2530 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2530 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 7393 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 7393 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARK WRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN MONAGLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SPENCER HYLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARK SPADAFORA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KEVIN LYONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TYLER RAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | STEVE QUATTROCCIOCHI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHRISTIAN JAMISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DOUGLAS VINCENT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | RALPH GRISMALA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | GEORGE MABRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LOUIS FRASCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TRACY CLARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | CHRIS MAUCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | CHRIS HALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | NED GORDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JOHN HALLORAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | EVAN TENCER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | ALUMNI RELATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | HOUSE MANAGER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1922 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 18 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 196120 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 18 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 39366 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 39366 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 45131 |
| IRS990/InterestGrp/TotalAmt | 0 | 45131 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 32895 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 32895 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 499826 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 632889 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 966147 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2771868 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2693517 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3659664 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ESTABLISH AND MAINTAIN A PLACE OF RESIDENCE FOR STUDENTS ATTENDING THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY. TO SUPPORT FULLY THE EDUCATIONAL GOALS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLGY, TO FOSTER THE SCHOLARLY, LITERARY, AND CULTURAL DEVELOPMENT OF THE MEMBERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1520299 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1477582 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2044323 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1998232 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2044323 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1998232 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 198 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 198 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | MEALS |
| IRS990/OtherExpensesGrp/Desc | 3 | SMALL TOOLS AND EQUIPME |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 16866 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 6348 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 6198 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 25460 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 25460 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 16866 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6348 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6198 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 9337 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JOHN HALLORAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 721310 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 150000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 150000 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | REAL ESTATE TAXES |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 25460 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | INSURANCE |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 39366 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ALUMNI RELATIONS |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 7393 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 856750 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 132600 |
| IRS990/PYOtherExpensesAmt | 0 | 232377 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 88031 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 845004 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 232377 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1077381 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -46090 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2668438 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 847465 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3515903 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 25079 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 118682 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 143761 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 9337 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEPOSITS |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 632889 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | VANGUARD |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2693517 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 632889 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 9337 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS A NON-STOCK NONPROFIT CORPORATION WITH MEMBERS. THE GENERAL MEMBERS ARE DEFINED IN THE BYLAWS AS ALL INITIATED MEMBERS OF THE FRATERNITY WHO HAVE GRADUATED OR LEFT MIT. A. THE GENERAL MEMBERS ELECT THE GOVERNING MEMBERS (DIRECTORS AND OFFICERS). B. THE GENERAL MEMBERS MUST APPROVE SOME ACTIONS OF THE GOVERNING MEMBERS. (E.G. BYLAW CHANGES) C. THE GENERAL MEMBERS ARE NOT ENTITLED TO ANY DISTRIBUTIONS OR INCOME OR ASSETS UNDER ANY CIRCUMSTANCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GENERAL MEMBERSHIP ELECTS ALL DIRECTOR AND OFFICER POSITIONS. EVERY MEMBER GETS ONE VOTE. BALLOTS ARE RUN OFF UNTIL A MAJORITY IS ACHIEVED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE GENERAL MEMBERSHIP MUST APPROVE CERTAIN ACTIONS INCLUDING BYLAW CHANGES, MOTIONS BROUGHT FORTH BY MEMBERS, AND REMOVALS FROM OFFICE. EVERY MEMBER GETS ONE VOTE, MAJORITY RULES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A COPY IS MADE AVAILABLE BY EMAIL REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | REQUESTS FOR DOCUMENTS MAY BE SENT TO THE TREASURER OR SECRETARY AND ARE PROVIDED VIA EMAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 3609604 |
| IRS990/TotalAssetsEOYAmt | 0 | 3485664 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3609604 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3485664 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 13225 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 124860 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 117350 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 242210 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1565281 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1487432 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1565281 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1487432 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2044323 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1998232 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 7393 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 117350 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 150000 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 32895 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 150000 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 196120 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3609604 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3485664 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 39 PRESCOTT ST |
| IRS990/USAddress/CityNm | 0 | GARDEN CITY |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 11530 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 18 |
| IRS990/VotingMembersIndependentCnt | 0 | 18 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
No mirrored PDF or thumbnail assets are attached yet.