Source of information about of non-profits and private foundations.

Montana Higher Education Student Assistance Corporation (EIN: 81-0393527 )

Overview

Montana Higher Education Student Assistance Corporation is was formed in 1980 in Helena, MT. Organization is led by Michael Green, and had governing board consisting of 10 members. Organization was engaged in lobbying activities in 2015. In 2015 this non-profit organization had no employees.

Primary Exempt Statement

Dedicated to helping montana citizens with financing their post-secondary education.

Finances and Program Service Revenues

It had revenue of $29,547,360.00 and expenses $33,834,572.00 between July 2015 and June 2016 that year it had program service revenue of $29,232,700.00 and program service expenses $31,449,200.00 .

Montana Higher Education Student Assistance Corporation started 2015 with $1,074,548,977.00 in assets, and finished it with $965,432,682.00

Revenue has not always exceeded expenses. Program service revenues has exceeded program service expenses for some of the years, but some years program service expenses did exceed program service revenue. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
July 2010 - June 2011 $54,009,328.00 $40,508,711.00 $13,500,617.00 $1,646,444,272.00 $1,548,848,559.00 -$97,595,713.00
July 2011 - June 2012 $119,407,568.00 $27,628,215.00 $91,779,353.00 $1,548,848,559.00 $1,476,754,430.00 -$72,094,129.00
July 2012 - June 2013 $41,762,741.00 $41,691,841.00 $70,900.00 $1,476,754,430.00 $1,316,037,965.00 -$160,716,465.00
July 2013 - June 2014 $34,966,109.00 $38,519,282.00 -$3,553,173.00 $1,316,037,965.00 $1,192,762,703.00 -$123,275,262.00
July 2014 - June 2015 $31,168,796.00 $34,732,326.00 -$3,563,530.00 $1,192,762,703.00 $1,074,548,977.00 -$118,213,726.00
July 2015 - June 2016 $29,547,360.00 $33,834,572.00 -$4,287,212.00 $1,074,548,977.00 $965,432,682.00 -$109,116,295.00

Governance

Montana Higher Education Student Assistance Corporation has large board consisting of 10 members. The board members are Fred Flanders as director, Lila Taylor as director, William Thomas as vice-chair, Michael Green as board chair/president, George Olsen as secretary/treasurer, Jim Penner as vice-president, Tyler Christianson as director student member, Jolene Selby as top financial official/assistant treasurer thr, James Stipcich as top management official and Donnie J Whitaker Thru 11316 as top financial official.
Tax Returns

More information on individual tax returns for 2010, 2011, 2012, 2013, 2014, 2015 year.

Web Presence

Montana Higher Education Student Assistance Corporation maintains web site at http://www.mhesac.org .

Address

Montana Higher Education Student Assistance Corporation was located on 1 different addresses. Montana Higher Education Student Assistance Corporation
2500 BROADWAY
HELENA, MT 59601

Business Officer

Years: 2010, 2011, 2012, 2013, 2014 and 2015
Michael Green
President
(406) 495-xxxx

Board of Directors

Governing board for each of tax years 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: