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Filing year 2023

MIT Real Estate Foundation Inc

Cambridge, Massachusetts·EIN 04-3397800·NTEE U40Z · Science & Technology·501(c)(3)
Total revenue
$4.3M
Total assets
$4.8M
Total expenses
$2.4M
Reported officers
3
Mission

TO HOLD REAL ESTATE AND ANY OTHER FORM OF PROPERTY FOR THE BENEFIT OF MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), OF CAMBRIDGE, MASSACHUSETTS, AND OTHERWISE TO AID, ASSIST AND ENABLE MIT TO CARRY OUT ITS EDUCATIONAL AND CHARITABLE PURPOSES, ALL WITHIN THE LIMITATIONS OF SECTION 501(C)(3) AND 509(A)(3) OF THE IRS.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

President, Treasurer, and Clerk
Above 90th percentile
$613k
$676k
Assistant Treasurer and Assistant Clerk
Median to 75th percentile
$295k
$325k
Former Assistant Treasurer and Assistant Clerk
Former Officer/director/trustee
25th percentile to medianvs all sectors nationwide
$32k
$35k

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.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MIT Real Estate Foundation Inc equaled 26% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
26%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 26%
from 2022

From $488k in 2022 to $613k in 2023.

$488k
2022
$613k
2023
In today's dollarsEst.
Up 21% in real terms$557k to $676k

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.

Pay for the position

Chief Executive Officer pay rose 34% from 2022 to 2023.

$457k in 2022 to $613k in 2023.
  • Chief Financial Officer pay fell 39% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MIT Real Estate Foundation Inc

What does the Chief Executive Officer of MIT Real Estate Foundation Inc earn?

In 2023, the Chief Executive Officer of MIT Real Estate Foundation Inc received $613,448 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Science & Technology organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MIT Real Estate Foundation Inc compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at MIT Real Estate Foundation Inc falls in the top 10%. In 2023, the highest total compensation at MIT Real Estate Foundation Inc equaled 26% of the organization's total expenses. The median for science & technology organizations is 9%.

What are MIT Real Estate Foundation Inc's revenue and expenses?

In 2023, MIT Real Estate Foundation Inc reported $4.3M in total revenue and $2.4M in total expenses on its IRS Form 990.

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