Nonprofit · EIN 04-3158370
DOVER CLUB OF MIT INC
Tax-exempt · BROOKLINE, MA 02446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $226,309 | $291,393 | -$65,084 | $927,183 | $776,975 | $150,208 |
| June 30, 2024 | 990 | $162,032 | $194,143 | -$32,111 | $1,005,759 | $790,467 | $215,292 |
| June 30, 2023 | 990 | $284,064 | $237,245 | $46,819 | $1,077,027 | $829,624 | $247,403 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $66,295
- Program service revenue
- $160,000
- Investment income
- $14
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,850
- Depreciation
- $49,994
- Program services (functional)
- $288,084
- Management and general (functional)
- $3,309
Balance sheet and other
- Total assets, start of year
- $1,005,759
- Total assets, end of year
- $927,183
- Total liabilities, end of year
- $776,975
- Net assets, end of year
- $150,208
- Land, buildings and equipment
- $847,682
- Gross receipts
- $226,309
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1958
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SOTIRIOS KARANIKAS | DIRECTOR Trustee or director | 1 | $0 |
| ALEX JAFFE | CLERK Trustee or director, Officer | 3 | $0 |
| SAMEER DESHPANDE | DIRECTOR Trustee or director | 1 | $0 |
| JEROME DAUSMAN | TREASURER AND ACTING PRESIDENT Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SOTIRIOS KARANIKAS | DIRECTOR Trustee or director | 1 | $0 |
| ALEX JAFFE | ASST CLERK Trustee or director, Officer | 2 | $0 |
| MICHAEL CHEN | PRESIDENT Trustee or director, Officer | 3 | $0 |
| SAMEER DESHPANDE | CLERK Trustee or director, Officer | 3 | $0 |
| JEROME DAUSMAN | TREASURER Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SOTIRIOS KARANIKAS | DIRECTOR Trustee or director | 1 | $0 |
| ALEX JAFFE | ASST CLERK Trustee or director | 1 | $0 |
| DAVID KELLEY | PRESIDENT Trustee or director, Officer | 3 | $0 |
| SAMEER DESHPANDE | CLERK Trustee or director, Officer | 3 | $0 |
| JEROME DAUSMAN | TREASURER Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 58 MANCHESTER RD, BROOKLINE, MA 02446-6049
- In care of
- % DANIEL ZHENG
- Principal officer (990 for 2024)
- JEROME DAUSMAN, 58 MANCHESTER ROAD, BROOKLINE, MA 02446
- Signed the 990
- JEROME DAUSMAN, TREASURER
- Phone
- (617) 752-1326
- Return prepared by
- GERALD T REILLY & COMPANY
Mission
THE ORGANIZATION ASSISTS UNDERGRADUATE STUDENTS AT MASSACHUSETTS INSTITUTE OF TECHNOLOGY BY PROVIDING THEM WITH HOUSING AT REASONABLE RATES FOR RENT, INTEREST FREE LOANS AND OTHER EDUCATIONAL FINANCIAL ASSISTANCE. THE ORGANIZATION ALSO PRODUCES AN ALUMNI NEWSLETTER AND ORGANIZES REUNIONS.
Program accomplishments
- PROVIDE HOUSING TO UNDERGRADUATE STUDENTS AT REASONABLE RATES OF RENT SO STUDENTS CAN FOCUS ON ACADEMICS. ALSO ORGANIZE REUNIONS AND PRODUCE AN ALUMNI NEWSLETTER.Expenses $288,084
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3158370
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $927,183
- Income (IRS master file)
- $226,309
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $226,309 | $291,393 | $927,183 | XML |
| 990 | June 2024 | $162,032 | $194,143 | $1,005,759 | XML |
| 990 | June 2023 | $284,064 | $237,245 | $1,077,027 | XML |
| 990 | June 2022 | $179,270 | $241,138 | $1,033,201 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3158370).
Questions about DOVER CLUB OF MIT INC
- What is the EIN of DOVER CLUB OF MIT INC?
- The employer identification number (EIN) of DOVER CLUB OF MIT INC is 04-3158370.
- Is DOVER CLUB OF MIT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1994.
- Are donations to DOVER CLUB OF MIT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOVER CLUB OF MIT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DOVER CLUB OF MIT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOVER CLUB OF MIT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DOVER CLUB OF MIT INC?
- The 990 for the year ended June 30, 2025 names JEROME DAUSMAN.
- Who are the officers and directors of DOVER CLUB OF MIT INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does DOVER CLUB OF MIT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $226,309, expenses of $291,393 and total assets of $927,183 at year end.
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