Coalition Of Higher Education Assistance Organizations
- Assets
- $90.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1982
- Data as of
- 12/2022
- EIN
- 52-1236537
Organization Overview
Coalition Of Higher Education Assistance Organizations is located in Washington, DC. The organization was established in 1982. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition Of Higher Education Assistance Organizations is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Coalition Of Higher Education Assistance Organizations generated $134.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $162.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INFORMATION TO THE MEMBERSHIP CONCERNING LEGISLATION AND FEDERAL REGULATIONS AFFECTING STUDENT LOAN BILLING AND COLLECTIONS.
Describe the Organization's Program Activity:
Part 3
CONFERENCES - ONE CONFERENCE AND TWO IN-PERSON WORKSHOPS HELD EACH YEAR TO PROVIDE INFORMATION REGARDING STUDENT LOAN BILLING AND COLLECTIONS.
WORKSHOPS - VARIOUS WEBINAR WORKSHOPS ORGANIZED DURING THE YEAR TO PROVIDE INFORMATION REGARDING STUDENT LOAN AND BILLING COLLECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Perrin Regulatory Chair | 1 | $0 | |
Chris Stompanato Commercial Chair | 1 | $0 | |
Christina Cardinale Member At Large | 1 | $0 | |
Jim Garrant Membership Co-Chair | 1 | $0 | |
Joe Weglarz Loan Task Force Chair | 1 | $0 | |
John Schwarm Support Co-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,999 |
| Total Program Service Revenue | $21,957 |
| Membership dues | $107,921 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $120,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,924 |
| Total expenses | $162,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,995 |
| Other assets | $0 |
| Total assets | $89,995 |
| Total liabilities | $70,000 |
| Net assets or fund balances | $19,995 |