Massachusetts Institute of Technology
Filed May 15, 2024 · period ending Jun 30, 2023
End-of-year assets
$38,587,698,000
Net assets $32,162,489,000
Total revenue
$4,954,533,000
Expenses $4,901,572,000
Officer compensation
$13,521,000
33 listed · 20 paid
Contractors listed
5
696 paid over $100K
Organization
Financial activity
Officers, directors and key employees
Compensation by person
Independent contractors
Compensation by contractor
Part VII Section B · highest paid
Independent contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Turner Construction Company | Construction | Boston, MA | $138,563,470 |
| American Campus Communities | Construction | Austin, TX | $57,693,228 |
| Consigli Construction Co | Construction | Boston, MA | $47,423,032 |
| John Moriarty & Associates | Construction | Winchester, MA | $29,593,745 |
| Bon Appetit Mangement | Food Services | Redwood Shores, CA | $19,629,400 |
Part VII Section A
Officers, directors and key employees
| Name | Role | Hours / week | Compensation | From related orgs | Other |
|---|---|---|---|---|---|
Glen ShorExecutive VP and Treasurer | 60 | $795,890 | $0 | $68,243 | |
L Rafael ReifPresident (Outgoing) | 60 | $1,327,571 | $0 | $518,239 | |
Sally KornbluthPresident (Incoming) | 60 | $0 | $0 | $0 | |
Alan G SpoonExecutive Committee Member | 5 | $0 | $0 | $0 | |
Ashton B CarterExecutive Committee Member | 5 | $0 | $0 | $0 | |
David M SiegelExecutive Committee Member | 5 | $0 | $0 | $0 | |
Denis A BovinExecutive Committee Member | 5 | $0 | $0 | $0 | |
Diane B GreeneChair of the Corporation | 60 | $51,500 | $0 | $2,537 | |
Fariborz MaseehExecutive Committee Member | 5 | $0 | $0 | $0 | |
Indra NooyiExecutive Committee Member | 5 | $0 | $0 | $0 | |
Leslye Miller FraserExecutive Committee Member | 5 | $0 | $0 | $0 | |
Mark P GorenbergExecutive Committee Member | 5 | $0 | $0 | $0 | |
Noubar B AfeyanExecutive Committee Member | 5 | $0 | $0 | $0 | |
Orit GadieshExecutive Committee Member | 5 | $0 | $0 | $0 | |
Russell Erich CaulfieldExecutive Committee Member | 5 | $0 | $0 | $0 | |
Wesley G BushExecutive Committee Member | 5 | $0 | $0 | $0 | |
Suzanne L GlassburnVice President and Secretary | 60 | $431,767 | $0 | $80,866 | |
Alfred IronsideVP for Communications | 60 | $442,401 | $0 | $68,559 | |
Cynthia BarnhartProvost | 60 | $833,157 | $0 | $17,635 | |
Eric EvansDirector of Lincoln Laboratory | 60 | $725,465 | $0 | $85,760 | |
Julie LucasVP for Resource Development | 60 | $640,140 | $0 | $46,722 | |
Maria ZuberVP for Research | 60 | $548,182 | $0 | $37,703 | |
Mark DiVincenzoVP and General Counsel | 60 | $735,580 | $0 | $80,556 | |
Melissa NoblesChancellor | 60 | $584,641 | $0 | $71,999 | |
Seth AlexanderPresident of MITIMCo | 60 | $2,635,663 | $0 | $457,443 | |
W Eric GrimsonInterim VP for Open Learning | 60 | $509,044 | $0 | $38,364 | |
Emma Somers-RoyGlobal Investment Professional - MITIMCo | 60 | $1,835,422 | $0 | $404,914 | |
Joel CohenGlobal Investment Professional, MITIMCo | 60 | $1,814,699 | $0 | $396,738 | |
Ryan AkkinaGlobal Investment Professional - MITIMCo | 60 | $1,989,058 | $0 | $402,506 | |
Steven MarshSenior VP - MITIMCo | 60 | $2,549,994 | $0 | $487,994 | |
Thomas WieandGlobal Investment Professional - MITIMCo | 60 | $2,023,175 | $0 | $432,880 | |
Martin SchmidtFormer Provost | 60 | $367,380 | $0 | $76,211 | |
Sanjay SarmaProfessor (Former VP for Open Learning) | 60 | $515,061 | $0 | $130,292 |