Massachusetts Iota Tau Association

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

EIN: 043506094 ✦ Acton, MA ✦ Designated as a 501(c)(7)

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Overview

What is Massachusetts Iota Tau Association?

The Massachusetts Iota Tau Association, located in Acton, Massachusetts, serves as a fraternity or sorority with a primary focus on supporting undergraduate activities affiliated with mit-sae. Acting as a fraternal organization, their mission is to provide aid and assistance to these activities, fostering a sense of community and cooperation among its members.

Is Massachusetts Iota Tau Association legitimate?

Massachusetts Iota Tau Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Massachusetts Iota Tau Association 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 Massachusetts Iota Tau Association?

The Massachusetts Iota Tau Association, being a fraternal organization, has a mission to support undergraduate activities at MIT-SAE. Their primary role is to offer assistance and contribute to the educational experiences of the students at MIT-SAE. This fraternal body strives to create a supportive environment for the undergraduates, working towards enhancing their overall experience within the institution.

Who is the CEO of Massachusetts Iota Tau Association?

William D Putt is the President of Massachusetts Iota Tau Association.

What is the revenue of Massachusetts Iota Tau Association?

Massachusetts Iota Tau Association's revenue in 2022 was $200,529.

Who are the executives of Massachusetts Iota Tau Association and what are their salaries?


Here are 9 key members and their salaries:


Henry H Perritt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Putt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Crocker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Donahue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyrus Vafadari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Smythe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Landman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Massachusetts Iota Tau Association?

Massachusetts Iota Tau Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Massachusetts Iota Tau Association

The Massachusetts Iota Tau Association, a fraternal organization, is dedicated to offering assistance for undergraduate activities at MIT-SAE. Their mission is centered around providing support, functioning as a brotherhood or sisterhood within the educational institution. This organization operates with a fraternal spirit, contributing to the MIT-SAE community in various ways.

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Impact




October, 2024

The Massachusetts Iota Tau Association plays a significant role in supporting undergraduate activities related to MIT's SAE (Society of Automotive Engineers) chapter. By fostering a community focused on education, this organization enhances the academic and professional experiences of its members. Through various programs, it provides resources, networking opportunities, and mentorship, allowing students to engage with their peers, share knowledge, and develop essential skills in their fields. This support not only contributes to the personal growth of individuals but also strengthens the MIT community as a whole, promoting innovation and collaboration among future leaders in engineering and technology.




This information is meant to be a general summary of Massachusetts Iota Tau Association. 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
$200,529 (2022)
20112013201420152016201720182019202020212022$0$55,000$110k$165k$220k
Expenses
$194,342 (2022)
20112013201420152016201720182019202020212022$0$50,000$100k$150k$200k
Efficiency
201120132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $2,360
  • Program Service Revenue: $186,065
  • Gross Receipts: $253,609

Assets and Liabilities:

  • Total Assets: $285,960
  • Total Liabilities: $6,600
  • Net Assets: $279,360

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Programs

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

Membership Dues & Assessments

Revenue

$186,065

Organization Details

Principal Officer

William D Putt

Main Address

294 CENTRAL ST, ACTON, MA, 01720

NTEE Category

Code: B83 - Education

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