Overview
What is Mit Hillel Foundation Inc?
Mit Hillel Foundation Inc, located at 40 Massachusetts Ave Building W11, Cambridge, MA 02139, is a nonprofit organization dedicated to supporting and enriching the Jewish student body and community at the Massachusetts Institute of Technology (MIT). By promoting, fostering, and sponsoring various programs, Mit Hillel provides an array of religious, educational, and social activities that encourage the exploration of Jewish culture, traditions, and scholarship. Their mission involves enabling MIT students and the Jewish community to engage in meaningful experiences, fostering a sense of belonging and fostering personal growth. With a team of 9 employees, Mit Hillel serves as a vital resource for the Jewish community at MIT, fostering a sense of connection and community.
Official website here: www.web.mit.edu/hillel
What are the reviews and ratings of this charity?
Charity Navigator rating: 74% (Two-Star out of Four Star rating)
The Mit Hillel Foundation Inc has earned a 74% score from Charity Navigator, indicating that while it has some strengths, it may have areas for improvement. The organization demonstrates a strong commitment to accountability and finance, boasting 100% independent board members and no material diversion of assets. Their solid governance practices are highlighted by the presence of comprehensive policies such as conflict of interest and whistleblower protections.
One notable strength of the foundation is its high program expense ratio of 64.30%, suggesting that a significant portion of its expenditures is directed toward its programs. This is complemented by a low liabilities to assets ratio of 3.80%, which reflects good financial health. Additionally, the organization maintains proper documentation practices, including board meeting minutes and a clear document retention policy.
However, the foundation's overall score of 74% suggests there is room for improvement, particularly in enhancing its program expense ratio to meet best practice standards. While the governance and financial practices are commendable, further transparency and efficiency in its operational spending could enhance its standing among donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mit Hillel Foundation Inc legitimate?
Mit Hillel Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mit Hillel Foundation Inc 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: $214,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,071
For more financial information, click here
Official website here: www.web.mit.edu/hillel
What is the mission statement of Mit Hillel Foundation Inc?
The Mit Hillel Foundation Inc, as a not-for-profit organization, focuses on promoting and fostering programs for the Jewish student body and community at the Massachusetts Institute of Technology (MIT). It accomplishes this by offering a diverse range of religious, educational, and social activities. These activities serve to encourage the exploration of Jewish culture, traditions, and scholarship, thereby providing an enriching experience for the individuals involved. The foundation's primary objective is to facilitate this exploration, thereby fostering a strong Jewish community within MIT.
Official website here: www.web.mit.edu/hillel
Who is the CEO of Mit Hillel Foundation Inc?
Jessica Tytell is the Executive Director of Mit Hillel Foundation Inc.
Official website here: www.web.mit.edu/hillel
What is the revenue of Mit Hillel Foundation Inc?
Mit Hillel Foundation Inc's revenue in 2023 was $1,060,862.
Official website here: www.web.mit.edu/hillel
Who are the executives of Mit Hillel Foundation Inc and what are their salaries?
The average compensation at Mit Hillel Foundation Inc during 2023 was $64,625. There are 9 employees and 22 volunteers at Mit Hillel Foundation Inc.
Here are 23 key members and their salaries:
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Official website here: www.web.mit.edu/hillel
Where can I find the form 990 for Mit Hillel Foundation Inc?
Mit Hillel Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.web.mit.edu/hillel
Learn more at the official website: www.web.mit.edu/hillel
Mission Statement of Mit Hillel Foundation Inc
Mit Hillel Foundation Inc, as a not-for-profit organization, is committed to promoting, fostering, and sponsoring programs that cater to the Jewish student body and community at the Massachusetts Institute of Technology (MIT). The Foundation's mission is to provide a platform for the exploration of Jewish culture, traditions, and scholarship through a program of religious, educational, and social activities. By offering these engagements, Mit Hillel Foundation Inc aims to empower the Jewish community at MIT to deepen their understanding and appreciation of their heritage. The Foundation's activities serve as a bridge, connecting the Jewish students with their cultural roots and fostering a sense of community within the larger MIT environment.
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Impact
July, 2024
The Mit Hillel Foundation Inc's impact is significant as it promotes, fosters, and sponsors programs for the Jewish student body and Jewish community at the Massachusetts Institute of Technology (MIT). By offering a program of religious, educational, and social activities, Mit Hillel enables the exploration of Jewish culture, traditions, and scholarship among its members. This organization plays a vital role in supporting the Jewish community at MIT and contributes to the growth and development of its youth members.
This information is meant to be a general summary of Mit Hillel Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $36,791
- Program Service Revenue: $1,338
- Gross Receipts: $1,060,862
Assets and Liabilities:
- Total Assets: $2,178,081
- Total Liabilities: $82,804
- Net Assets: $2,095,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECT PROGRAM
Revenue
$1,338
Organization Details
Founding Year
1984
Phone
(617) 253-2982Principal Officer
Jessica Tytell
Main Address
40 MASSACHUSETTS AVE BUILDING W11, CAMBRIDGE, MA, 021394312
Website
www.web.mit.edu/hillelNTEE Category
Code: O55 - Youth development
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