Harvard Real Estate - Allston Inc

EIN: 043373410 Unknown

Cambridge, MA

Total Revenue
$11,429,035
Total Expenses
$10,945,375
Total Assets
$156,392,326
Net Assets
$98,001,255
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MA
Phone
6174957792
Tax Period
2024-07-01 to 2025-06-30

Harvard Real Estate - Allston Inc, founded in 1997, is a mid-sized nonprofit in the Unknown sector that reported $11.4M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $10.9M left a modest 4% surplus.

Mission

THE ORGANIZATION ACQUIRES REAL PROPERTY, HOLDS TITLE TO, AND MANAGES SUCH PROPERTY ON BEHALF OF PRESIDENT AND FELLOWS OF HARVARD COLLEGE ("HARVARD UNIVERSITY").

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,334,678
Investment Income $94,357
Other Revenue $0
TOTAL REVENUE $11,429,035

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,945,375
Other Expenses $10,945,375
TOTAL EXPENSES $10,945,375

Year-over-Year Comparison

2024 2023 Change
Revenue $11,429,035 $10,554,893 +0.1%
Expenses $10,945,375 $11,526,668 -0.1%
Net Income $483,660 $-971,775 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$3,723,290
Total Directors
5
$2,948,565
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG MCCURLEY VICE PRESIDENT & DIRECTOR 1.0
Officer Director
$0 $43,577 $435,703
JUSTIN D STRATMAN VICE PRESIDENT & DIRECTOR 10.0
Officer Director
$0 $65,843 $343,096
MEREDITH WEENICK PRESIDENT, ASST. TREAS., & DIRECTOR 0.5
Officer Director
$0 $57,623 $882,830
RITU KALRA VICE PRESIDENT, ASST. TREASURER & DIRECTOR 1.0
Officer Director
$0 $74,375 $721,071
SEAN CARON SENIOR VP, ASST. TREASURER & DIRECTOR 1.0
Officer Director
$0 $75,695 $565,865
ELAINE FULTON TREASURER 1.0
Officer
$0 $48,083 $339,912
HAMILTON HACKNEY SECRETARY 1.0
Officer
$0 $44,578 $434,813
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,429,035 $10,945,375 $156,392,326 $483,660
2024 No data No data No data No data
2023 $10,385,749 $10,449,386 $155,219,520 $-63,637
2022 $8,474,487 $9,238,390 $154,187,884 $-763,903
2021 $7,488,293 $7,999,214 $149,449,226 $-510,921
2020 $6,593,663 $8,069,817 $147,003,270 $-1,476,154
2019 $6,250,317 $8,031,374 $146,689,535 $-1,781,057
2018 $6,667,251 $11,164,623 $146,473,912 $-4,497,372
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