Mgb Pooled Holdings Llc

Organization Overview

Mgb Pooled Holdings Llc is located in Somerville, MA. The organization was established in 2017. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mgb Pooled Holdings Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2020, Mgb Pooled Holdings Llc generated $2.9b in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.8%) each year.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

INVESTING POOLING ENTITY

Describe the Organization's Program Activity:

SEE SCHEDULE O


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,350,026,993
Investment income $21,834,674
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $493,351,216
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,865,212,883

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