Form 990 for tax year 2024
Filed by UMASS CHAN MEDICAL SCHOOL FOUNDATION INC.
Totals
- Total revenue
- $0
- Total expenses
- $650,198
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $6,446,386
- Total liabilities, end of year
- $6,446,386
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $650,198
- 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.
Listed in Part VII
-
JOHN R HAYES JR
TREASURER & CLERK
- Total calculated
- $488,189
- From this org
- $0
- From related orgs
- $394,831
- Other
- $93,358
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $389,140 related
- Bonus
- $0
- Other
- $0 + $5,691 related
- Deferred
- $0 + $69,000 related
- Nontaxable benefits
- $0 + $24,358 related
- Filer's total
- $0 + $488,189 related
-
MICHAEL F COLLINS MD
PRES./CHIEF EXEC. OFFICER
- Total calculated
- $1,898,475
- From this org
- $0
- From related orgs
- $1,799,651
- Other
- $98,824
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $0 + $971,250 related
- Bonus
- $0 + $508,210 related
- Other
- $0 + $320,191 related
- Deferred
- $0 + $69,000 related
- Nontaxable benefits
- $0 + $29,824 related
- Filer's total
- $0 + $1,898,475 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 3 METHOD USED TO ESTABLISH COMPENSATION OF CEO/EXECUTIVE DIRECTOR
- THE UMASS CHAN MEDICAL SCHOOL FOUNDATION, INC. HAS NO EMPLOYEES AND PAYS NO COMPENSATION. THE INDIVIDUALS LISTED ON SCHEDULE J, PART II RECEIVED COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF MASSACHUSETTS, A RELATED ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
UNIVERSITY OF MASSACHUSETTS (DBA UMASS CHAN MEDICAL SCHOOL)
EDUCATION · MA
Directly controlled by COM OF MA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202601259349301720
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