Overview
What is New Hampshire Higher Education Loan Corporation?
The New Hampshire Higher Education Loan Corporation is a nonprofit organization based in Concord, New Hampshire. Established with a charitable and educational mission, the Corporation provides financial assistance primarily to eligible students attending colleges in New Hampshire or residents pursuing higher education outside of the state. With a team of 231 employees, the organization serves as an administrator and servicer of student loans, extending financial support to qualified borrowers.
Official website here: www.nhhelco.org
Is New Hampshire Higher Education Loan Corporation legitimate?
New Hampshire Higher Education Loan Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hampshire Higher Education Loan Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $991,641
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,737,141
For more financial information, click here
Official website here: www.nhhelco.org
What is the mission statement of New Hampshire Higher Education Loan Corporation?
The New Hampshire Higher Education Loan Corporation is dedicated to providing financial assistance to eligible students. As a charitable and educational organization, it primarily focuses on supporting students attending colleges within New Hampshire or those residing outside of the state. Its mission encompasses not only offering affordable financial aid but also serving as an administrator and servicer of student loans. The Corporation was established to help make higher education more accessible and affordable for a broader student population.
Official website here: www.nhhelco.org
Who is the CEO of New Hampshire Higher Education Loan Corporation?
Christiana Thornton is the President & Ceo of New Hampshire Higher Education Loan Corporation. The CEO's salary of New Hampshire Higher Education Loan Corporation is $424,076 and their total compensation is $461,501.
Official website here: www.nhhelco.org
What is the revenue of New Hampshire Higher Education Loan Corporation?
New Hampshire Higher Education Loan Corporation's revenue in 2022 was $60,034,018.
Official website here: www.nhhelco.org
Who are the executives of New Hampshire Higher Education Loan Corporation and what are their salaries?
The average compensation at New Hampshire Higher Education Loan Corporation during 2022 was $37,787. There are 231 employees and 12 volunteers at New Hampshire Higher Education Loan Corporation.
Here are 21 key members and their salaries (New Hampshire Higher Education Loan Corporation's CEO's salary is $424,076 and their total compensation is $461,501):
- Christiana Thornton (President & Ceo) [Trustee/Director]
- John Flanders (Vp & Coo)
- Erik Sobel (Vp Information Services)
- Joseph Atchinson (Vp Community Engagement)
- Daniel Coughlan (Vp Finance)
- Ann Marie Thomas (Vp & Chief Risk Officer)
- Robert Woodburn (Avp, Business Systems)
- Rob Willey (Software Developer Lead)
- Scott Rogers (Vp & Cfo)
- Peter Burger (Trustee)
- Carol Houle (Trustee)
- Gordon Koff (Trustee)
- Chuck Lloyd (Trustee)
- Hans Olson (Trustee (Start 3/2022))
- Paul Provost (Trustee)
- Sandy Tracy (Trustee)
- Susan Huard (Chair) [Trustee/Director]
- Debra Miller (Vice Chair) [Trustee/Director]
- Rick Elwell (Treasurer) [Trustee/Director]
- Susan Hollinger (Secretary (End 9/2022); Trustee)
- Jamie Burnett (Secretary (Start 9/2022); Trustee)
Official website here: www.nhhelco.org
Where can I find the form 990 for New Hampshire Higher Education Loan Corporation?
The New Hampshire Higher Education Loan Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nhhelco.org
Learn more at the official website: www.nhhelco.org
Mission Statement of New Hampshire Higher Education Loan Corporation
The New Hampshire Higher Education Loan Corporation, a charitable and educational organization, is dedicated to providing financial assistance primarily to eligible students attending colleges within New Hampshire or residing out of state. The Corporation's mission is twofold: first, it offers low-cost financial aid to students in need; second, it functions as an administrator and servicer of student loans.
Established with the intention of furthering education, the New Hampshire Higher Education Loan Corporation aims to make higher learning more accessible and affordable for students. By providing financial assistance, this nonprofit organization enables students to pursue their academic goals without undue financial burden. The Corporation's commitment to charitable purposes extends beyond just offering loans; it also ensures that the financial aid it offers remains affordable and accessible to those who need it most.
The New Hampshire Higher Education Loan Corporation plays a crucial role in the educational landscape by offering financial assistance to eligible students. Its mission is driven by a deep-rooted belief that every individual should have the opportunity to attain a higher education. Through its financial aid programs, the organization empowers students to focus on their studies rather than being encumbered by financial concerns. The Corporation's dedication to its charitable and educational purpose has made a significant difference in the lives of countless students, enabling them to reach their full potential and build a better future for themselves.
Impact
This information is meant to be a general summary of New Hampshire Higher Education Loan Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
New Hampshire Higher Education Loan Corporation has a significant impact on students and their families by providing low-cost financial assistance primarily to eligible students attending college in New Hampshire or residents attending college out of state. Through its mission of offering financial assistance to eligible borrowers and administering/servicing student loans, the Corporation plays a crucial role in helping students access higher education and achieve their academic goals. This ultimately contributes to the overall educational attainment and workforce development in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Student Loans
Revenue
$40,083,855
DL Service Fee Revenue
Revenue
$7,007,621
Late Charges & Other
Revenue
$1,093,460
Federal Interest Benefit
Revenue
$216,792
Organization Details
Founding Year
1983
Phone
(603) 226-5829
Principal Officer
Christiana Thornton
Main Address
4 Barrell Court PO Box 2111, Concord, NH, 03302
Website
www.nhhelco.org
NTEE Category
Code: B82 - Education
If you are a representative of New Hampshire Higher Education Loan Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.