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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 | $68,928,647 | 13 |
Federal (grants and allocated tax credits) | $1,028,966 | 2 |
TOTAL | $69,957,613 | 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 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 |
Massachusetts | $46,000,000 | 1 |
Connecticut | $13,000,000 | 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 | Massachusetts | state | 2018 | $46,000,000 | | tax credit/rebate |
Massachusetts Mutual Life Insurance Company | Connecticut | state | 2013 | $13,000,000 | | 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 |