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.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $613k $676k |
Trustee Board Member 75th to 90th percentile | $73k $80k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at Massachusetts Institute of Technology Welfare Benefit Plans Trust equaled 1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 34%
from 2022
From $457k in 2022 to $613k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 34% from 2022 to 2023, while revenue fell 12%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Massachusetts Institute of Technology Welfare Benefit Plans Trust reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about Massachusetts Institute of Technology Welfare Benefit Plans Trust
What does the Board Member of Massachusetts Institute of Technology Welfare Benefit Plans Trust earn?
In 2023, the Board Member of Massachusetts Institute of Technology Welfare Benefit Plans Trust received $613,448 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at Massachusetts Institute of Technology Welfare Benefit Plans Trust compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at Massachusetts Institute of Technology Welfare Benefit Plans Trust falls in the top 10%. In 2023, the highest total compensation at Massachusetts Institute of Technology Welfare Benefit Plans Trust equaled 1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are Massachusetts Institute of Technology Welfare Benefit Plans Trust's revenue and expenses?
In 2023, Massachusetts Institute of Technology Welfare Benefit Plans Trust reported $66.5M in total revenue and $55M in total expenses on its IRS Form 990.
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