Civic Intelligence

Midwestern Higher Education Commission

990 • Fiscal year 2010 • EIN 38-3011476

Jul 01, 2009 to Jun 30, 2010 • Filed on Dec 27, 2010

1300 South Second Street No 13055454
Siviq Scores

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

Liabilities / Assets

41st percentile

0.08x

Higher debt load relative to assets than 41% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$4,142,607

No earlier filing loaded for comparison.

Net Assets

$3,826,569

No earlier filing loaded for comparison.

Liabilities

$316,038

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,898,392

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $4,142,607Liabilities 2010: $316,038Net Assets 2010: $3,826,5692010Assets 2011: $3,825,587Liabilities 2011: $187,273Net Assets 2011: $3,638,3142011Assets 2012: $3,942,082Liabilities 2012: $291,233Net Assets 2012: $3,650,8492012Assets 2013: $3,948,543Liabilities 2013: $875,233Net Assets 2013: $3,073,3102013Assets 2014: $3,846,225Liabilities 2014: $1,071,706Net Assets 2014: $2,774,5192014Assets 2015: $4,397,545Liabilities 2015: $993,620Net Assets 2015: $3,403,9252015Assets 2016: $4,348,285Liabilities 2016: $978,781Net Assets 2016: $3,369,5042016Assets 2017: $4,802,718Liabilities 2017: $1,153,890Net Assets 2017: $3,648,8282017Assets 2018: $4,623,311Liabilities 2018: $1,121,455Net Assets 2018: $3,501,8562018Assets 2019: $4,566,682Liabilities 2019: $821,462Net Assets 2019: $3,745,2202019Assets 2020: $5,203,437Liabilities 2020: $1,058,103Net Assets 2020: $4,145,3342020Assets 2021: $6,945,692Liabilities 2021: $1,059,472Net Assets 2021: $5,886,2202021Assets 2022: $6,708,923Liabilities 2022: $1,227,799Net Assets 2022: $5,481,1242022Assets 2023: $12,344,634Liabilities 2023: $2,316,351Net Assets 2023: $10,028,2832023Assets 2024: $18,184,607Liabilities 2024: $2,702,736Net Assets 2024: $15,481,8712024

Highlighted filing

2010

Assets$4,142,607
Liabilities$316,038
Net Assets$3,826,569

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,898,3922010Revenue 2011: $2,082,852Expenses 2011: $2,271,107Net Income 2011: -$188,2552011Expenses 2012: $2,311,8672012Revenue 2013: $2,163,381Expenses 2013: $2,740,920Net Income 2013: -$577,5392013Revenue 2014: $2,998,160Expenses 2014: $3,285,792Net Income 2014: -$287,6322014Revenue 2015: $3,650,470Expenses 2015: $3,021,064Net Income 2015: $629,4062015Revenue 2016: $3,363,207Expenses 2016: $3,397,628Net Income 2016: -$34,4212016Revenue 2017: $3,673,955Expenses 2017: $3,394,631Net Income 2017: $279,3242017Revenue 2018: $3,386,637Expenses 2018: $3,533,609Net Income 2018: -$146,9722018Revenue 2019: $3,725,493Expenses 2019: $3,482,129Net Income 2019: $243,3642019Revenue 2020: $3,994,652Expenses 2020: $3,594,538Net Income 2020: $400,1142020Revenue 2021: $5,714,621Expenses 2021: $3,973,735Net Income 2021: $1,740,8862021Revenue 2022: $4,779,370Expenses 2022: $4,463,350Net Income 2022: $316,0202022Revenue 2023: $8,521,915Expenses 2023: $3,974,756Net Income 2023: $4,547,1592023Revenue 2024: $9,929,448Expenses 2024: $4,475,860Net Income 2024: $5,453,5882024

Highlighted filing

2010

Revenue-
Expenses$1,898,392
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
Dec 27, 2010
Return Version
2009v1.4
Gross Receipts
$2,273,976
Mission and Program Overview

Mission

Mhec members collaborate to address the region's most pressing challenges in higher education and transform educational opportunities so that people and communities thrive.

Major Activities

Activity 2
Policy and Research:MHEC's 5th Annual Policy Summit, "Investing in Success", focused on strategies to help Midwesterners achieve the education and training required to enable their full participation in the workforce. MHEC is collaborated with the Hubert H. Humphrey Institute for Public Affairs at the University of Minnesota in an assessment of faculty support and faculty development initiatives at colleges and universities in the Midwest. MHEC has pursued opportunities to work with individual colleges and universities, systems, and policy and advocacy organizations in concert with our mission to advance education through cooperation.
Activity 3
Cost Savings: MHEC's cost savings program has saved the member states:-Hardware: $20,358,752.00-Software: $ 1,618,395.00-Master property: $ 8,848,833.00MHEC has also completed the second year with the Energy/Health Initiative.
Filing and Contact Details

Filer

EIN
38-3011476
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IRS990/Description0Student Access: e-Transcript Initiative-Over 150,000 transcripts were sent through the e-Transcript Initiative in Indiana, Minnesota, Nebraska, Wisconsin, Kansas and Michigan. Midwest Student Exchange Program-3,330 students enrolled in the Midwest Student Exchange Program in 8 MHEC states (Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Indiana and Wisconsin).-MSEP students saved over $13.9 million in the 2009-10 school year, bringing the total program savings to $125.9 million since 1994.-On average, students in MSEP saved $4,194 during the 2009-10 school year.
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IRS990/Form990PartVIISectionA/NamePerson10John Cherry Jr
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IRS990/Form990PartVIISectionA/OtherCompensation350
IRS990/Form990PartVIISectionA/OtherCompensation360
IRS990/Form990PartVIISectionA/OtherCompensation370
IRS990/Form990PartVIISectionA/OtherCompensation380
IRS990/Form990PartVIISectionA/OtherCompensation390
IRS990/Form990PartVIISectionA/OtherCompensation400
IRS990/Form990PartVIISectionA/OtherCompensation410
IRS990/Form990PartVIISectionA/OtherCompensation420
IRS990/Form990PartVIISectionA/OtherCompensation430
IRS990/Form990PartVIISectionA/OtherCompensation440
IRS990/Form990PartVIISectionA/OtherCompensation450
IRS990/Form990PartVIISectionA/OtherCompensation460
IRS990/Form990PartVIISectionA/OtherCompensation470
IRS990/Form990PartVIISectionA/OtherCompensation480
IRS990/Form990PartVIISectionA/OtherCompensation490
IRS990/Form990PartVIISectionA/OtherCompensation500
IRS990/Form990PartVIISectionA/OtherCompensation510
IRS990/Form990PartVIISectionA/OtherCompensation520
IRS990/Form990PartVIISectionA/OtherCompensation530
IRS990/Form990PartVIISectionA/OtherCompensation540
IRS990/Form990PartVIISectionA/OtherCompensation550
IRS990/Form990PartVIISectionA/OtherCompensation560
IRS990/Form990PartVIISectionA/OtherCompensation570
IRS990/Form990PartVIISectionA/OtherCompensation580
IRS990/Form990PartVIISectionA/OtherCompensation590
IRS990/Form990PartVIISectionA/OtherCompensation600
IRS990/Form990PartVIISectionA/OtherCompensation610
IRS990/Form990PartVIISectionA/OtherCompensation620
IRS990/Form990PartVIISectionA/OtherCompensation630
IRS990/Form990PartVIISectionA/OtherCompensation640
IRS990/Form990PartVIISectionA/OtherCompensation650
IRS990/Form990PartVIISectionA/OtherCompensation660
IRS990/Form990PartVIISectionA/OtherCompensation670
IRS990/Form990PartVIISectionA/OtherCompensation688660
IRS990/Form990PartVIISectionA/OtherCompensation690
IRS990/Form990PartVIISectionA/OtherCompensation700
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization140
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization150
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization160
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization170
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization180
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization190
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization200
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization210
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization230
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization240
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization250
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization260
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization270
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization280
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization290
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization300
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization310
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization320
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization330
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization340
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization350

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.2$2.70$15.5$9.93$4.48$5.45
2023Detailed filing. Detailed filing data is available for this year.$12.3$2.32$10.0$8.52$3.97$4.55
2022Detailed filing. Detailed filing data is available for this year.$6.71$1.23$5.48$4.78$4.46$0.32
2021Detailed filing. Detailed filing data is available for this year.$6.95$1.06$5.89$5.71$3.97$1.74
2020Detailed filing. Detailed filing data is available for this year.$5.20$1.06$4.15$3.99$3.59$0.40
2019Detailed filing. Detailed filing data is available for this year.$4.57$0.82$3.75$3.73$3.48$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.62$1.12$3.50$3.39$3.53$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.80$1.15$3.65$3.67$3.39$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.35$0.98$3.37$3.36$3.40$0.03
2015Detailed filing. Detailed filing data is available for this year.$4.40$0.99$3.40$3.65$3.02$0.63
2014Detailed filing. Detailed filing data is available for this year.$3.85$1.07$2.77$3.00$3.29$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.88$3.07$2.16$2.74$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.29$3.65$2.31
2011Summary only. Only limited summary data is available for this year.$3.83$0.19$3.64$2.08$2.27$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.32$3.83$1.90