NonprofitsMississippi Higher Education Assistance Corporation

Public & Societal Benefit

Mississippi Higher Education Assistance Corporation

JACKSON, MS

Total revenue

$8.6M

Total expenses

$7.8M

Net assets

$34.7M

Grants received

EIN

640642776

Tax year

2024

Mission

Secondary market for student loans, approximately 4,972 clients were served in 2024.

Programs

1 program

Funds contributed to woodward hines education foundation for its general operations.

Expenses: $822KGrants: $822K

Financials

FY 2024

Revenue

Contributions & grants$3.2M
Program service revenue$4.8M
Investment income$650K
Other revenue
Total revenue$8.6M

Expenses

Grants paid$822K
Salaries & benefits
Fundraising
Other expenses$6.9M
Total expenses$7.8M
Total assets$98.6M
Net assets$34.7M

People

17 listed

NameRoleCompensation

Debra McGee

Board Member/Board Vice Chair

Board

1 hrs/wk

Nathan Slater

Board Member/Board Chair

Board

1 hrs/wk

Andrew Mullins

Board Member Through 5/28/24

Board

1 hrs/wk

Camille Young

Board Member

Board

1 hrs/wk

Carla Kirkland

Board Member Beg 5/28/24

Board

1 hrs/wk

Cedric Bradley

Board Member

Board

1 hrs/wk

David Martin

Board Member

Board

1 hrs/wk

Eddie Carlisle

Board Member Through 5/28/24

Board

1 hrs/wk

Errick Simmons

Board Member Beg 5/28/24

Board

1 hrs/wk

Haley Fisackerly

Board Member

Board

1 hrs/wk

John Hill

Board Member

Board

1 hrs/wk

Michael Cormack

Board Member

Board

1 hrs/wk

Mike Highfield

Board Member Beg 5/28/24

Board

1 hrs/wk

Robert Leard

Board Member

Board

1 hrs/wk

James McHale

President/CEO

Board

1 hrs/wk

Minette Ketchings

COO/Secretary

Board

1 hrs/wk

William Alvis

CFO/Treasurer

Board

1 hrs/wk

Independent contractors

NAVIENT SOLUTIONS INC

SERVICING FEES

$249K

Details

EIN640642776
NTEE codeW60
Subsection03
Ruling date1981-01
Formed1980
Employees0
Volunteers1
MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION — Mission, Financials & Grants Received | Grantivo