Dover Club Of Mit Inc C/O Jerome Dausman

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043158370 ✦ Brookline, MA ✦ Designated as a 501(c)(7)

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Overview

What is Dover Club Of Mit Inc C/O Jerome Dausman?

Dover Club of MIT Inc., under the guidance of Jerome Dausman, is a nonprofit organization located in Brookline, Massachusetts. The primary mission of this organization is to support undergraduate students at the Massachusetts Institute of Technology (MIT). They achieve this by offering affordable housing options, providing interest-free loans, and offering educational financial assistance to help students focus on their studies. In addition to these services, Dover Club of MIT Inc. produces an alumni newsletter and organizes reunions to maintain a sense of community among its alumni.

Is Dover Club Of Mit Inc C/O Jerome Dausman legitimate?

Dover Club Of Mit Inc C/O Jerome Dausman is a legitimate nonprofit organization registered as a 501(c)(7) entity. Dover Club Of Mit Inc C/O Jerome Dausman submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dover Club Of Mit Inc C/O Jerome Dausman?

The mission of Dover Club of Mit Inc, as a college fraternity alumni corporation, is to support undergraduate students at the Massachusetts Institute of Technology. They accomplish this by providing affordable housing options, offering interest-free loans, and providing various forms of educational financial assistance. In addition, they engage in alumni activities by publishing an alumni newsletter and organizing reunions.

Who is the CEO of Dover Club Of Mit Inc C/O Jerome Dausman?

Jerome Dausman is the Director of Dover Club Of Mit Inc C/O Jerome Dausman.

What is the revenue of Dover Club Of Mit Inc C/O Jerome Dausman?

Dover Club Of Mit Inc C/O Jerome Dausman's revenue in 2022 was $179,270.

Who are the executives of Dover Club Of Mit Inc C/O Jerome Dausman and what are their salaries?


Here are 7 key members and their salaries:


Sotirios Karanikas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hutchings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Chen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Jaffe (Asst Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sameer Deshpande (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Dausman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dover Club Of Mit Inc C/O Jerome Dausman?

Dover Club Of Mit Inc C/O Jerome Dausman's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dover Club Of Mit Inc C/O Jerome Dausman

The Dover Club of MIT Inc., headed by Jerome Dausman, is a college fraternity alumni corporation with a commendable mission. Primarily, this organization assists undergraduate students at the Massachusetts Institute of Technology by offering them affordable housing options. By providing reasonable rental rates, the Dover Club enables students to focus more on their academic pursuits, alleviating financial burdens.

In addition to housing, the Dover Club of MIT Inc. also extends financial aid in the form of interest-free loans and educational grants. This support is vital in helping students manage their expenses and maintain their focus on their studies. Moreover, the organization takes pride in producing an alumni newsletter, keeping former students connected and informed about the ongoing activities at the institution. Furthermore, the Dover Club organizes reunions, fostering a sense of community and camaraderie among its alumni.

In summary, the Dover Club of MIT Inc. C/O Jerome Dausman serves as a beacon of support for undergraduate students at the Massachusetts Institute of Technology. By providing affordable housing, interest-free loans, and educational grants, the organization helps students manage their finances, allowing them to concentrate on their studies. Additionally, the Dover Club maintains connections among its alumni through regular reunions and an alumni newsletter, fostering a sense of community and shared experiences.

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Impact




October, 2024

The Dover Club of MIT Inc, led by Jerome Dausman, significantly impacts undergraduate students at the Massachusetts Institute of Technology by providing affordable housing options. This initiative allows students to focus on their academic pursuits without the financial burden of high rental costs. In addition to housing, the organization offers interest-free loans and other forms of educational financial assistance, further alleviating students' financial stress.

Beyond financial support, the Dover Club fosters a sense of community through organizing reunions and producing an alumni newsletter, which helps maintain connections among alumni and encourages networking opportunities. This holistic approach not only supports students during their academic careers but also fosters a lifelong bond among graduates, contributing to a supportive network that benefits their personal and professional growth.




This information is meant to be a general summary of Dover Club Of Mit Inc C/O Jerome Dausman. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$179,270 (2022)
Expenses
$241,138 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $204
  • Program Service Revenue: $156,335
  • Gross Receipts: $179,270

Assets and Liabilities:

  • Total Assets: $1,033,201
  • Total Liabilities: $832,617
  • Net Assets: $200,584

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME

Revenue

$156,335

Organization Details

Founding Year

1958

Principal Officer

Jerome Dausman

Main Address

58 MANCHESTER ROAD, BROOKLINE, MA, 02446

NTEE Category

Code: B84 - Education

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