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← TECHNOLOGY CHAPTER ALUMNI ASSOCIATION

Form 990 for tax year 2023

Filed by TECHNOLOGY CHAPTER ALUMNI ASSOCIATION.

Totals

Total revenue
$209,103
Total expenses
$161,423
Contributions and grants received
$30,212
Grants paid
$0
Program service revenue
$154,100
Investment income
$6,002
Other revenue
$18,789
Total assets, end of year
$209,144
Total liabilities, end of year
$92,345
Net assets or fund balances, end of year
$116,799
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $30,212

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Rent from student housing

    total $154,100 · related or exempt $154,100 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $4,904 · related or exempt $4,904 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,098 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $1,098 · other assets $0

  • 7d · Net gain or loss

    total $1,098 · related or exempt $1,098 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11a · Other revenue: Insurance proceeds

    total $18,789 · related or exempt $0 · unrelated business $18,789 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $18,789

Functional expenses

Part IX, the statement of functional expenses.

  • 16 · Occupancy

    total $161,423

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,596 · end of year $59,004

  • 2 · Savings and temporary cash investments

    end of year $9,352

  • 6 · Loans and receivables from disqualified persons

    beginning of year $15,745

  • 11 · Investments: publicly traded securities

    beginning of year $128,170 · end of year $140,788

  • 23 · Secured mortgages and notes payable

    beginning of year $112,421 · end of year $92,345

  • 27 · Net assets without donor restrictions

    beginning of year $69,090 · end of year $116,799

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

Provide housing and educational facilities to undergraduate students at the Massachusetts Institute of Technology.

Activities or mission (Part I)

Provide housing and educational space to students at the Massachusetts Institute of Technology.

  • Maintain the premise and provided housing and educational facilities to students at the Massachusetts Institute of Technology.

As filed on the 2023 return.

Listed in Part VII

  • Kelly McGee

    President

    Total calculated
    $0
    Hours/week
    2

  • Pat McCabe

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeremy Bogle

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim Kralj

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kyle Archer

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Stephen Barrett

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brett Allen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim McGettigan

    Treasurer

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
7 October 2024
IRS schema version
2023v5.0
Source object
202423309349300002

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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