About
The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.
In care of Finance Department
Donations are tax-deductible
Financial Snapshot
FY ending 2024-12-31Financial history
161718192021222324
RevenueExpenses
Latest FY2024: $153.6M · Peak FY2016: $164.8M · Avg: $133.2M
Foreign activity (Schedule F)
Total spent abroad$39.4M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| CENTRAL AMERICA AND THE CARIBBEAN | — | — |
| EUROPE (INCLUDING ICELAND & GREENLAND) | — | — |
Political & Grant Activity
MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION
Address
33 ARCH ST STE 2100
Boston, MA, 02110-144
Governance
Voting board members11
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %0.0%
Permanent endowment %0.0%
Public records
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