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Subsidy Tracker Parent Company Summary
Parent Company Name: Massachusetts Mutual Life Insurance
Ownership Structure: mutual
Headquartered in: Massachusetts
Major Industry: financial services
Specific Industry: insurance
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $27,928,647 | 13 |
Federal (grants and allocated tax credits) | $1,028,966 | 2 |
TOTAL | $28,957,613 | 15 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $291,500,000 | 5 |
TOTAL | $291,500,000 | 5 |
Time Period for State and Local Awards: Earliest year of data: 2003. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2016.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Connecticut | $13,000,000 | 1 |
Massachusetts | $5,000,000 | 1 |
North Carolina | $4,172,300 | 4 |
New York | $4,030,000 | 1 |
Arizona | $1,726,347 | 6 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value . | Loan/Bailout Value | Type of Subsidy |
Massachusetts Mutual Life Insurance Company | Connecticut | state | 2013 | $13,000,000 | | tax credit/rebate |
Mass Mutual Life Insurance Company | Massachusetts | state | 2018 | $5,000,000 | | tax credit/rebate |
OPPENHEIMER FUNDS | New York | local | 2003 | $4,030,000 | | grant |
Massachusetts Mutual Life Ins. Co. | North Carolina | state | 2017 | $1,043,075 | | tax credit/rebate |
Massachusetts Mutual Life Ins. Co. | North Carolina | state | 2018 | $1,043,075 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Co. | North Carolina | state | 2016 | $1,043,075 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Company | North Carolina | state | 2015 | $1,043,075 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Company | United States | federal | 2012 | $864,062 | | federal grant |
Massachusetts Mutual Life Insurance Company | Arizona | state | 2017 | $444,000 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Company | Arizona | state | 2016 | $429,000 | | tax credit/rebate |
Massachusetts Mutual Life Insurance | Arizona | state | 2015 | $312,000 | | tax credit/rebate |
Mass Mutual Financial Group | Arizona | state | 2013 | $268,347 | | training reimbursement |
Massachusetts Mutual Life Insurance Company | Arizona | state | 2018 | $201,000 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Company | United States | federal | 2012 | $164,904 | | federal grant |
Massachusetts Mutual Life Insurance Company | Arizona | state | 2019 | $72,000 | | tax credit/rebate |
MMAF Equipment Finance LLC 2009-A | United States | federal | 2010 | | $92,300,000 | federal loan or loan guarantee |
MMAF Equipment Finance LLC 2009-A | United States | federal | 2009 | | $92,000,000 | federal loan or loan guarantee |
MMAF Equipment Finance LLC 2009-A | United States | federal | 2009 | | $55,500,000 | federal loan or loan guarantee |
MMAF Equipment Finance LLC 2009-A | United States | federal | 2009 | | $41,400,000 | federal loan or loan guarantee |
MMAF Equipment Finance LLC 2009-A | United States | federal | 2009 | | $10,300,000 | federal loan or loan guarantee |