Harrow Corporation

Organization Overview

Harrow Corporation is located in Cambridge, MA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2021, Harrow Corporation generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $8.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS BEEN ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY, HOLDING TITLE TO AND COLLECTING INCOME FROM SUCH PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF INCOME FROM SUCH PROPERTY (LESS EXPENSES) TO PRESIDENT AND FELLOWS OF HARVARD COLLEGE, AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION SERVED 64 TENANTS, INCLUDING 55 COMMERCIAL TENANTS AND 9 RESIDENTIAL TENANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer & Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Frank E French Company
Construction Services
$817,009
Gencon Inc
Construction Services
$1,193,351
Morrissey Construction Corp
Construction Services
$790,635
Vantage Builders
Construction Services
$390,547
Stilian Electric
Electrical Services
$225,150
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,471,941
Investment income $16,352
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,488,293

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