Civic Intelligence

Massachusetts Higher Education Assistance Corporation

990 • Fiscal year 2021 • EIN 04-2254705

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 20, 2022

33 Arch Street 2100Boston, MA 02110

(617) 728-4549

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.13x

Higher debt load relative to assets than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

1.17x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Net Margin

81st percentile

36%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Top Officer Pay

21st percentile

$723,423

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2021 filings • 501(c)3 • $1B+ nonprofits • Source year 2021

Asset Growth

86th percentile

32%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

49%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,090,709,677

Up $262,345,940 (+32%) from 2020

Net Assets

Up

$945,187,314

Up $134,979,267 (+17%) from 2020

Liabilities

Up

$145,522,363

Up $127,366,673 (+702%) from 2020

Revenue

Up

$124,087,298

Up $40,968,221 (+49%) from 2020

Expenses

Up

$79,908,993

Up $9,345,333 (+13%) from 2020

Net Income

Up

$44,178,305

Up $31,622,888 (+252%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5B$1.0B$500M$0Assets 2010: $170,423,324Liabilities 2010: $50,488,132Net Assets 2010: $119,935,1922010Assets 2011: $235,276,009Liabilities 2011: $41,098,609Net Assets 2011: $194,177,4002011Assets 2012: $319,114,168Liabilities 2012: $57,281,543Net Assets 2012: $261,832,6252012Assets 2013: $375,475,421Liabilities 2013: $49,861,337Net Assets 2013: $325,614,0842013Assets 2014: $438,151,601Liabilities 2014: $50,151,465Net Assets 2014: $388,000,1362014Assets 2015: $471,225,108Liabilities 2015: $40,624,726Net Assets 2015: $430,600,3822015Assets 2016: $511,519,912Liabilities 2016: $55,504,324Net Assets 2016: $456,015,5882016Assets 2017: $586,643,442Liabilities 2017: $50,821,907Net Assets 2017: $535,821,5352017Assets 2018: $638,276,258Liabilities 2018: $34,261,840Net Assets 2018: $604,014,4182018Assets 2019: $751,861,840Liabilities 2019: $20,131,198Net Assets 2019: $731,730,6422019Assets 2020: $828,363,737Liabilities 2020: $18,155,690Net Assets 2020: $810,208,0472020Assets 2021: $1,090,709,677Liabilities 2021: $145,522,363Net Assets 2021: $945,187,3142021Assets 2022: $945,178,364Liabilities 2022: $125,579,526Net Assets 2022: $819,598,8382022Assets 2023: $1,045,185,472Liabilities 2023: $131,181,242Net Assets 2023: $914,004,2302023Assets 2024: $1,113,821,909Liabilities 2024: $127,150,763Net Assets 2024: $986,671,1462024

Highlighted filing

2021

Assets$1,090,709,677
Liabilities$145,522,363
Net Assets$945,187,314

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0Expenses 2010: $119,512,1242010Expenses 2011: $124,185,4292011Expenses 2012: $173,126,1022012Revenue 2013: $233,562,352Expenses 2013: $184,982,412Net Income 2013: $48,579,9402013Revenue 2014: $265,705,373Expenses 2014: $169,255,963Net Income 2014: $96,449,4102014Revenue 2015: $176,374,512Expenses 2015: $138,603,816Net Income 2015: $37,770,6962015Revenue 2016: $164,797,110Expenses 2016: $124,142,289Net Income 2016: $40,654,8212016Revenue 2017: $147,686,758Expenses 2017: $133,793,648Net Income 2017: $13,893,1102017Revenue 2018: $124,045,497Expenses 2018: $86,528,850Net Income 2018: $37,516,6472018Revenue 2019: $127,223,003Expenses 2019: $85,562,817Net Income 2019: $41,660,1862019Revenue 2020: $83,119,077Expenses 2020: $70,563,660Net Income 2020: $12,555,4172020Revenue 2021: $124,087,298Expenses 2021: $79,908,993Net Income 2021: $44,178,3052021Revenue 2022: $81,920,356Expenses 2022: $69,303,434Net Income 2022: $12,616,9222022Revenue 2023: $113,123,004Expenses 2023: $95,095,168Net Income 2023: $18,027,8362023Revenue 2024: $153,640,929Expenses 2024: $114,855,624Net Income 2024: $38,785,3052024

Highlighted filing

2021

Revenue$124,087,298
Expenses$79,908,993
Net Income$44,178,305
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 20, 2022
Return Version
2021v4.2
Gross Receipts
$124,087,298
Mission and Program Overview

Mission

The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

Provide access to and conduct activities in furtherance of higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$712,870,222$918,937,957▲ $206,067,735
Savings and Temporary Cash Investments$87,256,034$60,925,683▼ $26,330,351
Cash and Non-Interest-Bearing Accounts$12,484,984$12,630,082▲ $145,098
Investments Other Securities-$7,544,116-
Land, Buildings, and Equipment, Net$7,035,747$5,985,383▼ $1,050,364
Accounts Receivable$6,864,569$5,063,302▼ $1,801,267
Prepaid Expenses and Deferred Charges$1,592,261$1,938,170▲ $345,909
Total Assets$828,363,737$1,090,709,677▲ $262,345,940
Other Assets Total$259,920$77,684,984▲ $77,425,064
Liabilities
Unsecured Notes Loans Payable-$99,052,845-
Accounts Payable and Accrued Expenses$14,298,330$43,033,721▲ $28,735,391
Other Liabilities$3,857,360$3,435,797▼ $421,563
Total Liabilities$18,155,690$145,522,363▲ $127,366,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$810,208,047$945,187,314▲ $134,979,267
Total Net Assets Fund Balance$810,208,047$945,187,314▲ $134,979,267
Total Liabilities and Net Assets / Fund Balance$828,363,737$1,090,709,677▲ $262,345,940

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,059,531$4,723,253$7,782,784
Leasehold Improvements$2,901,757$798,582$3,700,339
Equipment$24,095$2,120,491$2,144,586
Other Assets Org$64,237,910--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$158,237,174$-158,237,174---
2020$138,154,558-▲ $20,082,616-$158,237,174
2019$112,546,240-▲ $25,611,554-$138,154,558
2018$120,498,681-▼ $7,948,866-$112,546,240
2017$111,048,682-▲ $9,455,512-$120,498,681
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean EddyPresident/CEOFT$447,579$275,844$723,423
Barbara MatezEvp & CFOFT$297,579$203,378$500,957
Judy GoldsteinSVP Public Relations Communications & PlanningFT$359,197$71,674$430,871
Judy GoldsteinSVP Public Relations Communications-$236,405$194,466$430,871
Annabel CelliniChief Strategy OfficerFT$272,891$149,553$422,444
Clay ColarussoCMO SVP of Digital Marketing StratergyFT$355,500$59,170$414,670
Clay ColarussoCMO SVP of Digital Marketing Strater-$222,470$192,200$414,670
John Christopher SheehanVP & General CounselFT$218,663$178,405$397,068
Alisa WilkeVP Strategy & InnovationsFT$215,970$161,919$377,889
Julie LammersSVP Govt. Relations & AdvocacyFT$212,568$150,870$363,438
Varda HalidyVP, Human ResourcesFT$192,470$122,105$314,575
Daniel ScottDirector Corp. FinanceFT$175,757$61,175$236,932
Andrew DykeDirector of TechnologyFT$168,994$48,170$217,164
Kristen Burns MunevarCreative DirectorFT$148,178$65,450$213,628
Alan WhiteDirector Market Insights & OutcomesFT$134,978$64,386$199,364
Michael D GrantSr Mgr Systems & AuditFT$140,692$44,456$185,148
Carmela CaplainVice President of FinanceFT$113,760$50,460$164,220
Lawrence H GennariDir/chair of Board/chair-$68,000-$68,000
Stephanie CrimminsDir./chair of Alt Inv-$65,000-$65,000
Carol FulpDirector/chair of Compensation/vice-$63,000-$63,000
Ken JonesDir./chair of Audit Committee-$53,000-$53,000
Peter SegallDir./chair of Innovation-$53,000-$53,000
Thomas GrafDir./chair of Inv Committee-$53,000-$53,000
Alex RappaportDirector-$50,000-$50,000
Carla ThompsonDirector-$50,000-$50,000
Emily MccannDirector-$50,000-$50,000
Patty Diaz-andradeDirector-$50,000-$50,000

Highest Paid Contractors

ContractorServicesLocationCompensation
EcmcGuarantor Services111 WASHINGTON AVENUE SOUTH, Minneapolis, MN 55401$8,957,297
Delta Management AssociatesDebt Collection Assistance100 EVERETT AVE STE 6, Chelsea, MA 02150$2,492,189
Allied Interstate LLCDebt Collection AssistancePO BOX 951503, Cleveland, OH 44193$2,214,656
Devito Verdi INCConsulting Services330 HUDSON ST 16TH FLOOR, New York, NY 10013$2,182,134
Pioneer Credit Recovery INCDebt Collection Assistance26 EDWARD STREET, Arcade, NY 14009$1,825,336
Revenue and Support

Revenue Composition

Contributions and Grants
$3,274,977
Program Service Revenue
$99,159,065
Investment Income
$21,653,256
Other Revenue
$0
Change in Net Assets
$44,178,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$124,087,298
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$90,801,277
Total Revenue per Audited Statements
$214,888,575
Total Revenue per Form 990
$124,087,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,748,133
Salaries, Compensation, and Employee Benefits$14,115,189
Grants and Similar Amounts Paid$12,045,671
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,045,671--$12,045,671
Other Salaries and Wages$6,560,694$311,161-$6,871,855
Current Officers, Directors, Trustees, and Key Employees$2,008,192$2,653,453-$4,661,645
Advertising$3,836,392--$3,836,392
Information Technology$2,841,065$947,022-$3,788,087
Depreciation Depletion$1,666,592$555,531-$2,222,123
Interest$2,211,705--$2,211,705
Occupancy$1,467,539$489,180-$1,956,719
Other Employee Benefits$1,406,149$193,028-$1,599,177
Payroll Taxes$736,884$245,628-$982,512
Insurance-$854,239-$854,239
Fees for Services Other$489,888$230,237-$720,125
Fees for Services Legal-$703,658-$703,658
Office Expenses$302,849$100,655-$403,504
Other Expenses$298,397$2,105,935-$298,397
Fees for Services Accounting-$294,439-$294,439
Travel$121,622$26,827-$148,449
Fees for Services Lobbying-$23,750-$23,750
Total Functional Expenses$70,174,250$9,734,743$0$79,908,993

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$79,908,993
Total Expenses per Audited Statements$79,908,993
Total Expenses per Form 990$79,908,993
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Venture Fund - Catalyze ChallengeWashington, DC501(c)(3)Education and Career Exploration$3,500,000
The National Mentoring PartnershipBoston, MA501(c)(3)Education and Career Exporation$1,100,000
Network for Teaching EntrepeneurshipNew York, NY501(c)(3)Education and Career Exploration$900,000
Big Picture LearningProvidence, RI501(c)(3)Career Exploration$850,000
Citizen Schools IncBoston, MA501(c)(3)Career Development$750,000
Jobs for the FutureBoston, MA501(c)(3)Education Research$650,000
Rodel Foundation of DelawareWilmington, DE501(c)(3)Education and Career Exploration$566,666
Mendon-upton Regional School DistrictMendon, MA501(c)(3)Career Exploration$504,530
New Profit IncBoston, MA501(c)(3)Career Exploration$500,000
SKILLS RI - RHODE ISLAND'S FUTUREProvidence, RI501(c)(3)High School Internships$500,000
America Achieves IncNew York, NY501(c)(3)To Help States Build a Framework for How to Spend American Rescue Plan Federal Funds$400,000
Hechinger Report Teachers College Columbia UniversityNew York, NY501(c)(3)Education and Career Exploration$400,000
Coalition for Career DevelopmentAlexandria, VA501(c)(3)Career Development$300,000
Social Innovation Forum IncBoston, MA501(c)(3)Social Issue Tracking$100,000
The Clayton Christensen Institute for Disruptive Innovation IncLexington, MA501(c)(3)Educational Opportunites$75,000
Association for Middle Level EducationWinchester, VA501(c)(3)Sponsorship$60,000
Junior Achievement of Rhode Island IncWarwick, RI501(c)(3)Sponsorship$60,000
Jobs for the FutureBoston, MA501(c)(3)Sponsorship$50,000
Association for Middle Level EducationWinchester, VA501(c)(3)Career Exploration$25,000
Junior Achievement of Central Florida IncOrlando, FL501(c)(3)Sponsorship$25,000
Junior Achievement of KentuckianaLouisville, KY501(c)(3)Sponsorship$25,000
Junior Achievment of Oki PartnersCinicnnati, OH501(c)(3)Sponsorship$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Contingencies$3,098,811
Other$336,986
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by cbiz mhm, llc our national tax services firm with information provided by the accounting supervisor and chief financial officer. The form 990 is reviewed by the accounting manager, vice president finance, vice president general counsel, executive vice president and cfo, and the president/ceo. The fully completed form 990 is provided to the audit committee for review and approval and then provided to the entire board of directors for review and approval before it is electronically submitted to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All officers, board members and key employees shall annually sign a statement which affirms that the person; has received a copy of the conflicts of interest policy, has read and understands the policy, and has agreed to comply with the policy. In addition, each director, principal officer and member of a committee with board-assigned powers shall list his or her business affiliations, including memberships on boards of other non-profit institutions, and shall also disclose any business relationships that members of his or her family have or are seeking with american student assistance. He or she shall also update the statement as appropriate during the year.

Form 990, Part VI, Section B, Line 15

Compensation reviews for the top management officials (president/ceo, executive vice president and cfo) and members of senior management staff are conducted annually by the compensation committee of the board of directors. Senior management staff consists of all vice presidents and managing directors of the organization. Periodically, an in-depth market benchmarking study is compiled for each senior staff position, including the ceo and cfo, utilizing published, independent, third-party compensation surveys to compare current base salaries and total compensation with the same or similar positions in the boston geographic area, in similar-sized organizations, primarily in the financial services, education and not-for-profit sectors. On a bi-annual basis, the human resources department also examines form 990 data from similar organizations and also obtains a separate compensation analysis with comparative market data from an independent compensation consultant. This comparability data is synthesized into a detailed report with the market ranges and each incumbent's position in the range and includes comparative base salary and total compensation market data. This report is presented to the president/ceo and the cfo who consider the data and make decisions regarding individual senior management merit salary increases. The ceo presents the full report along with their performance reviews and salary recommendations to the members of the compensation committee comprised of independent board members. The compensation committee discusses the ceo's decisions for senior management staff. The ceo also reviews and makes a merit salary increase recommendation for the cfo, which is also presented to the compensation committee for their review and approval. The full board of directors uses the comparative market data to review and establish the compensation of the president/ceo. Any annual incentive bonus plans, though discretionary, are also approved in advance by the compensation committee and any payouts are determined by the compensation committee based on the results of previously established goals and criteria, overall company performance, comparison to market data, and subject to an annual cap. The deliberations and decisions of the compensation committee are recorded contemporaneously in the meeting minutes which are recorded and preserved by the special assistant to the president, along with the analysis data. Key employees are not included in the above-described compensation approval process. They are included in the overall process which includes employees under their management.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Massachusetts Higher Education
EIN
04-2254705
Phone
6177284549
Address
33 ARCH STREET 2100, BOSTON, MA 02110
Doing Business As
American Student Assistance

Signing Officer

Name
Barbara Matez
Title
Evp & CFO
Phone
6177284549
Signed
2022-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Eddy
Formed
1956
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
127
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
500 BOYLSTON STREET, BOSTON, MA 02116
Preparer
Craig Klein
Phone
6177610600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Pension plan fas 158 gain -88,592. Rounding -317.

Financial Statement Notes

PART V, LINE 4:

Asa previously established asa fund llc ("asa fund", also referred to as "new programs"), a single member llc established to hold funds designated by the board as a quasi-endowment for the benefit of the new programs. During 2021, asa's board of directors resolved to close asa fund as a separate entity and to transfer all assets and liabilities back to asa.

PART X, LINE 2:

Asa accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Asa has identified its tax status as a tax-exempt entity, its determination of which activities are related and unrelated and its presentation of certain net operating loss carryforwards as its only significant tax positions. Asa, however, has determined that its position relative to tax status or determination of which activities are related and unrelated does not result in an uncertainty requiring recognition. The position on loss carryforwards is uncertain and thus such carryforwards have not been recognized as tax assets. Asa is not currently under examination by any taxing jurisdiction. Asa's federal and state tax returns are generally open for examination for three years following the date filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Pension plan fas 158 loss -88,592. Rounding -2.

Raw XML AppendixShowing 400 of 1,201 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014298330
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043033721
IRS990/AccountsReceivableGrp/BOYAmt06864569
IRS990/AccountsReceivableGrp/EOYAmt05063302
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE ACCESS TO AND CONDUCT ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION.
IRS990/AdvertisingGrp/ProgramServicesAmt03836392
IRS990/AdvertisingGrp/TotalAmt03836392
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARBARA MATEZ
IRS990/BooksInCareOfDetail/PhoneNum06175352113
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033 ARCH STREET SUITE 2100
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002110
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt012484984
IRS990/CashNonInterestBearingGrp/EOYAmt012630082
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt042
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02653453
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt02008192
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt04661645
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt08957297
IRS990/ContractorCompensationGrp/CompensationAmt12492189
IRS990/ContractorCompensationGrp/CompensationAmt22214656
IRS990/ContractorCompensationGrp/CompensationAmt32182134
IRS990/ContractorCompensationGrp/CompensationAmt41825336
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0111 WASHINGTON AVENUE SOUTH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1100 EVERETT AVE STE 6
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 951503
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3330 HUDSON ST 16TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt426 EDWARD STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MINNEAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHELSEA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CLEVELAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4ARCADE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055401
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd102150
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd244193
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd310013
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd414009
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ECMC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DELTA MANAGEMENT ASSOCIATES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ALLIED INTERSTATE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3DEVITO VERDI INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4PIONEER CREDIT RECOVERY INC
IRS990/ContractorCompensationGrp/ServicesDesc0GUARANTOR SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1DEBT COLLECTION ASSISTANCE
IRS990/ContractorCompensationGrp/ServicesDesc2DEBT COLLECTION ASSISTANCE
IRS990/ContractorCompensationGrp/ServicesDesc3CONSULTING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4DEBT COLLECTION ASSISTANCE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03274977
IRS990/CYGrantsAndSimilarPaidAmt012045671
IRS990/CYInvestmentIncomeAmt021653256
IRS990/CYOtherExpensesAmt053748133
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt099159065
IRS990/CYRevenuesLessExpensesAmt044178305
IRS990/CYSalariesCompEmpBnftPaidAmt014115189
IRS990/CYTotalExpensesAmt079908993
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0124087298
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0555531
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01666592
IRS990/DepreciationDepletionGrp/TotalAmt02222123
IRS990/Desc0MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION (MHEAC) RELIEVES THE BURDENS OF GOVERNMENT AND ASSISTS STUDENTS AND PARENTS IN SUCCESSFULLY COMPLETING A PROGRAM OF HIGHER EDUCATION BY CONTINUING TO ACT AS A GUARANTOR OF STUDENT LOANS MADE BY LENDERS, IN CONNECTION WITH THE FEDERAL HIGHER EDUCATION ACT OF 1965. IN ADDITION, MHEAC ENGAGES IN A VARIETY OF ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION, INCLUDING HELPING STUDENTS EXPLORE ALTERNATIVE EDUCATION PATHWAYS IN PURSUIT OF SUCCESSFUL AND FULFILLING CAREERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0AMERICAN STUDENT ASSISTANCE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0127
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt033400050
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0294439
IRS990/FeesForServicesAccountingGrp/TotalAmt0294439
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0703658
IRS990/FeesForServicesLegalGrp/TotalAmt0703658
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt023750
IRS990/FeesForServicesLobbyingGrp/TotalAmt023750
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0230237
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0489888
IRS990/FeesForServicesOtherGrp/TotalAmt0720125
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt039798
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1140094
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1241863
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1364860
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1461457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1559170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1659554
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1771674
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1854143
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1911589
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2041411
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2126505
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2248210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2326461
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2447834
IRS990/Form990PartVIISectionAGrp/PersonNm0JEAN EDDY
IRS990/Form990PartVIISectionAGrp/PersonNm1LAWRENCE H GENNARI
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS GRAF
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER SEGALL
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL FULP
IRS990/Form990PartVIISectionAGrp/PersonNm6STEPHANIE CRIMMINS
IRS990/Form990PartVIISectionAGrp/PersonNm7PATTY DIAZ-ANDRADE
IRS990/Form990PartVIISectionAGrp/PersonNm8EMILY MCCANN
IRS990/Form990PartVIISectionAGrp/PersonNm9ALEX RAPPAPORT
IRS990/Form990PartVIISectionAGrp/PersonNm10CARLA THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm11BARBARA MATEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN CHRISTOPHER SHEEHAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JULIE LAMMERS
IRS990/Form990PartVIISectionAGrp/PersonNm14ALISA WILKE
IRS990/Form990PartVIISectionAGrp/PersonNm15CLAY COLARUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm16ANNABEL CELLINI
IRS990/Form990PartVIISectionAGrp/PersonNm17JUDY GOLDSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm18VARDA HALIDY
IRS990/Form990PartVIISectionAGrp/PersonNm19CARMELA CAPLAIN
IRS990/Form990PartVIISectionAGrp/PersonNm20DANIEL SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm21ANDREW DYKE
IRS990/Form990PartVIISectionAGrp/PersonNm22KRISTEN BURNS MUNEVAR
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL D GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm24ALAN WHITE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0683625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt168000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt253000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt353000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt453000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt563000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt665000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt750000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt850000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt950000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1050000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11460863
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12355205
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13298578
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14316432
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15355500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16362890
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17359197
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18260432
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19152631
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20195521
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21190659
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22165418
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23158687
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24151530
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR/CHAIR OF BOARD/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR./CHAIR OF AUDIT COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR./CHAIR OF INV COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIR./CHAIR OF INNOVATION
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR/CHAIR OF COMPENSATION/VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIR./CHAIR OF ALT INV
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EVP & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP & GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP GOVT. RELATIONS & ADVOCACY
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP STRATEGY & INNOVATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt15CMO SVP OF DIGITAL MARKETING STRATERGY
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SVP PUBLIC RELATIONS COMMUNICATIONS & PLANNING
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP, HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIR. CORP. FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt22CREATIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23SR MGR SYSTEMS & AUDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIR. MARKET INSIGHTS & OUTCOMES
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0515964
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt03274977
IRS990/GrantAmt0195767
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012045671
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012045671
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0515964
IRS990/GrossReceiptsAmt0124087298
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt039
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0947022
IRS990/InformationTechnologyGrp/ProgramServicesAmt02841065
IRS990/InformationTechnologyGrp/TotalAmt03788087
IRS990/InsuranceGrp/ManagementAndGeneralAmt0854239
IRS990/InsuranceGrp/TotalAmt0854239
IRS990/InterestGrp/ProgramServicesAmt02211705
IRS990/InterestGrp/TotalAmt02211705
IRS990/InvestmentIncomeGrp/ExclusionAmt021141848
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021137292
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0-4556
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07544116
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0712870222
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0918937957
IRS990/IRPDocumentCnt0120
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07642326
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07035747
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05985383
IRS990/LandBldgEquipCostOrOtherBssAmt013627709
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE ACCESS TO AND CONDUCT ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0810208047
IRS990/NetAssetsOrFundBalancesEOYAmt0945187314
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0515964
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0515964
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt090889871
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0810208047
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0945187314
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0489180
IRS990/OccupancyGrp/ProgramServicesAmt01467539
IRS990/OccupancyGrp/TotalAmt01956719
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0100655
IRS990/OfficeExpensesGrp/ProgramServicesAmt0302849
IRS990/OfficeExpensesGrp/TotalAmt0403504
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0259920
IRS990/OtherAssetsTotalGrp/EOYAmt077684984
IRS990/OtherChangesInNetAssetsAmt0-88909
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0193028
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01406149
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01599177
IRS990/OtherExpensesGrp/Desc03RD PARTY SERVICES FEE
IRS990/OtherExpensesGrp/Desc1CONSULTING & PROF. SERV
IRS990/OtherExpensesGrp/Desc2PROGRAM DEVELOPMENT FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02105935
IRS990/OtherExpensesGrp/ProgramServicesAmt032635410
IRS990/OtherExpensesGrp/ProgramServicesAmt11545201
IRS990/OtherExpensesGrp/ProgramServicesAmt2298397
IRS990/OtherExpensesGrp/TotalAmt032635410
IRS990/OtherExpensesGrp/TotalAmt13651136
IRS990/OtherExpensesGrp/TotalAmt2298397
IRS990/OtherLiabilitiesGrp/BOYAmt03857360
IRS990/OtherLiabilitiesGrp/EOYAmt03435797
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0311161
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06560694
IRS990/OtherSalariesAndWagesGrp/TotalAmt06871855
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0245628
IRS990/PayrollTaxesGrp/ProgramServicesAmt0736884
IRS990/PayrollTaxesGrp/TotalAmt0982512

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,114$127$987$154$115$38.8
2023Detailed filing. Detailed filing data is available for this year.$1,045$131$914$113$95.1$18.0
2022Detailed filing. Detailed filing data is available for this year.$945$126$820$81.9$69.3$12.6
2021Detailed filing. Detailed filing data is available for this year.$1,091$146$945$124$79.9$44.2
2020Detailed filing. Detailed filing data is available for this year.$828$18.2$810$83.1$70.6$12.6
2019Detailed filing. Detailed filing data is available for this year.$752$20.1$732$127$85.6$41.7
2018Detailed filing. Detailed filing data is available for this year.$638$34.3$604$124$86.5$37.5
2017Detailed filing. Detailed filing data is available for this year.$587$50.8$536$148$134$13.9
2016Detailed filing. Detailed filing data is available for this year.$512$55.5$456$165$124$40.7
2015Detailed filing. Detailed filing data is available for this year.$471$40.6$431$176$139$37.8
2014Detailed filing. Detailed filing data is available for this year.$438$50.2$388$266$169$96.4
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$375$49.9$326$234$185$48.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$319$57.3$262$173
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$235$41.1$194$124
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$170$50.5$120$120