2016-06-30T16:21:34-07:00 2015-08-31 990 2014-09-01 237133739 NORTH TEXAS HIGHER EDUCATION AUTHORITY INC NORT 8172659158 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 Phillip Wambsganss Executive Director 8172659158 2016-04-14 2014 2016-09-27 15:27:22Z Phillip Wambsganss 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 20033328 0 X www.nthea.com X 1979 TX Acquire student loans and provide life of loan servicing of student loans at post secondary level. 5 5 0 0 0 0 0 0 22326376 19911099 97386 122229 0 0 22423762 20033328 0 0 0 0 0 0 0 0 0 16095609 14031138 16095609 14031138 6328153 6002190 1058166211 931620456 883350883 750802938 174815328 180817518 Provide student loans at post secondary level and life of loan servicing of student loans. 0 0 11040000 0 19911099 Student Loan Programs: provide funds mostly through issuance of bonds for the purchase and life of loan servicing of FFELP student loans at the post secondary level (136,375 loans outstanding). 0 0 0 11040000 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X Higher Education Servicing Corporation 8172659158 4381 W Green Oaks Blvd Suite 200 Suite 200 Arlington TX 760164452 Amy L Michie CPA Board Member 1 X 0 0 0 Governor E Jackson Board President 1 X 0 0 0 Jerry G McCullough Board Member 1 X 0 0 0 Dr J Lindsay Keffer Board Member 1 X 0 0 0 David Petter- Attorney Board Member 1 X 0 0 0 Phillip Wambsganss Executive Director 1 X 0 0 0 Kathryn M Bryan Executive Director - Emeritus 1 X 0 0 0 0 0 0 0 0 0 0 Higher Education Servicing Corporation 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 Program Administration 5512289 1 0 Student Loan Interest and Govt Subsidies 525990 19911099 19911099 0 0 0 0 0 0 19911099 122229 0 0 122229 0 0 0 0 0 0 0 0 0 0 0 0 0 20033328 19911099 0 122229 X 2763192 0 2763192 0 30881 0 30881 0 64000 11000 53000 0 53732 0 53732 0 0 0 0 0 0 0 3074806 3003623 71183 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1727 0 1727 0 8031198 8031198 0 0 0 0 0 0 -5821 -5821 0 0 17423 0 17423 0 0 0 0 0 14031138 11040000 2991138 0 279657 169156 104574178 101665818 0 13123065 14554440 0 0 0 0 0 0 0 0 72398 66144 0 0 0 0 940116913 815164898 0 0 0 0 1058166211 931620456 1758272 4217067 0 0 0 0 169970000 140410000 0 0 0 0 0 0 0 0 711622611 606175871 883350883 750802938 X 0 0 0 0 174815328 180817518 174815328 180817518 1058166211 931620456 6002190 0 0 0 0 0 X 0 1 X 1 1 1 X X 2 City of Arlington Texas 756004503 6 1 7015569 0 City of Denton Texas 756000514 6 1 7015569 0 2 14031138 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 53732 53732 13977406 14031138 851557 212889 0 0 1000000 1000000 954780 851557 3806337 5709506 50471 54562 53642 53732 212407 250000 250000 238695 212889 951584 1427376 0 0 0 0 0 Net student loans notes receivable 815164898 C 815164898 0 Net Taxable Bonds Payable 606175871 606175871 20033328 0 0 0 0 0 20033328 0 0 0 20033328 14031138 0 0 0 0 0 14031138 0 0 0 14031138 A NTHEA Series 2010-1 237133739 662826EX0 2010-05-25 207200000 Student Loan Revenue Bonds 0 0 0 B NTHEA Series 2010-2 237133739 662826EY8 2010-10-28 125050000 Student Loan Refunding Bonds, 8/15/08 0 0 0 A 127110000 0 0 858295 0 0 1983106 0 0 201144894 0 0 2010 0 0 1 1 B 64730000 0 0 500000 0 0 0 0 0 6450000 0 0 2010 0 1 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 Schedule K, Part IV, Line 2c-05/25/2010 207,200,000 NTHEA Series 2010 1 No rebate liability was due as of the last calculation date of April 30, 2015. Form 990, Part VI, Section A, Line 7a NTHEA Board members nominate persons to serve on the Board. However the Governing Bodies of both the Cities of Arlington and Denton, Texas appoint members to the NTHEA Board of Directors. Form 990, Part VI, Section A, Line 7b The Governing Bodies of both the Cities of Arlington and Denton, Texas must approve the financings related to proposed bond issues before NTHEA can issue the bonds. Form 990, Part VI, Section B, Line 11b The NTHEA Form 990 is prepared by the Director of Accounting of Higher Education Servicing Corporation (HESC). The Form 990 is then reviewed by the and approved by Chief Executive Officer of HESC. HESC is the program management company for NTHEA. Form 990, Part VI, Section B, Line 12c A member of NTHEA's Bond Counsel Firm attends every Board meeting. The Bond Counsel reviews the conflict of interest policy with the Board members on an annual basis and enforces compliance with the policy. Form 990, Part VI, Section C, Line 19 NTHEA makes its audited financial statements and reports available to the public by placing them on an investment page that can be accessed from the web. NTHEA does not make its governing documents and conflict of interest policy available to the public. Form 990, Part IX, Line 11g Other services include loan servicing fees ($2,749,097), trustee fees ($140,526), bond rating fees ($114,000), bank fees ($46,433), and miscellaneous fees ($24,750). Form 8868 has been filed and approved.