2016-03-18T10:40:38-05:00 2015-06-30 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2014-07-01 742129255 BRAZOS HIGHER EDUCATION SERVICE CORPORATION INC BRAZ 2547530915 2600 WASHINGTON AVE WACO TX 76710 RICKY TURMAN CFO 2547530915 2016-02-05 1 MIKE LUCAS CPA P00581536 2547724901 2014 2016-08-17 19:52:53Z X RICKY TURMAN 2600 WASHINGTON AVE WACO TX 76710 15672714 0 X WWW.BRAZOS.US.COM X 1980 TX TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR AFFILIATED ENTITIES STUDENT LOAN SERVICING NEEDS. 9 8 71 0 508704 -80077 0 0 15206877 13365640 -6643823 751557 166616 159272 8729670 14276469 139160 164694 0 0 10259217 9460239 0 0 0 4652341 3569007 15050718 13193940 -6321048 1082529 50607859 51433245 6415390 4957181 44192469 46476064 TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR AFFILIATED ENTITIES STUDENT LOAN SERVICING NEEDS. 0 0 10806265 164694 13141257 ADMINISTRATIVE AND MANAGEMENT SERVICES FOR AFFILIATED NON-PROFIT ENTITIES. AS MASTER SERVICER, BRAZOS HIGHER EDUCATION SERVICE CORPORATION PROVIDED MANAGEMENT SERVICES FOR AFFILIATED ENTITIES. THIS INCLUDED ADMINISTERING ALMOST 868 THOUSAND LOANS WITH OUTSTANDING PRINCIPAL IN EXCESS OF $7.3 BILLION UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP), HEAL, TERI, AND VARIOUS OTHER ALTERNATIVE LOAN PROGRAMS. 561800 BRAZOS FOUNDATION - BHESC PROVIDES SUPPORT FOR THE BRAZOS EDUCATION FOUNDATION (FOUNDATION) BY UNDERWRITING THE ADMINISTRATIVE EXPENDITURES OF THE FOUNDATION. THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS FOR THE PURPOSE OF ATTENDING POST-SECONDARY OR GRADUATE INSTITUTIONS. 11368065 1 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 42 0 1 71 1 1 1 0 0 0 0 0 0 0 0 0 X 9 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICKY TURMAN CFO 2547530915 2600 WASHINGTON AVE WACO TX 76710 MRS JOYCE PACKARD CHAIRMAN 1.00 8.00 X 0 0 0 TOM CHASE VICE CHAIRMAN 1.00 10.00 X 0 0 0 BOB CHAMBERS DIRECTOR 1.00 8.00 X 0 0 0 NORMAN HAY JR DIRECTOR 1.00 2.00 X 0 0 0 JOHN PERRY DIRECTOR 1.00 4.00 X 0 0 0 DR JOSEPH VELEZ DIRECTOR 1.00 3.00 X 0 0 0 DR TERRY MANESS DIRECTOR 1.00 2.00 X 0 0 0 WILTON LANNING DIRECTOR 1.00 8.00 X 0 0 0 MURRAY WATSON JR PRESIDENT 40.00 10.00 X X 1049193 0 36775 ELLIS TREDWAY EVP / COO 40.00 10.00 X X 468566 0 48483 RICKY TURMAN EVP / CFO 40.00 10.00 X 447329 0 55565 THOMAS BEN LITLE EVP/COO/SR VP/GEN COUNSEL 40.00 10.00 X 523131 0 47232 MICHAEL MACOMBER EVP SALES & MARKETING 40.00 0.00 X 342023 0 65842 SAMUEL REDDEN SVP / CHIEF INFO OFFICER 40.00 0.00 X 262896 0 45508 RANDALL LARSON SPECIAL PROJECTS VP 40.00 0.00 X 216679 0 37305 TAMMY HARRALSON CONTROLLER / VP 40.00 10.00 X 190153 0 32938 JANICE WHITE VP ADMINISTRATION/ASST SECRETARY 40.00 3.00 X 170056 0 23528 ANDREW ELLIS VP, HUMAN RESOURCES 40.00 0.00 X 164217 0 34081 DANIEL REYNA INTERNAL AUDIT DIRECTOR 40.00 8.00 X 132199 0 23940 JAMES MCINNIS TREASURER 40.00 9.00 X 104231 0 22256 DARRELL BROOKS TREASURER 40.00 9.00 X 144377 0 36119 SUSAN DAVIS SECRETARY 40.00 10.00 X 93565 0 20813 RAY RUSHING SECRETARY 40.00 9.00 X 0 0 0 JUSTIN GREEN FINANCIAL SERVICE DIR 40.00 0.00 X 194176 0 39201 JOHN M WRIGHT BUSINESS ANALYTICS DIR 40.00 0.00 X 175709 0 29149 DEBRA URIAS VP CUSTOMER RELATIONS 40.00 0.00 X 153393 0 25444 SARAH MACCARTHY PROJECT MANAGEMENT 40.00 0.00 X 162930 0 25673 REBECCA HARLAND LOAN ADMIN MANAGER 40.00 0.00 X 152280 0 32803 DAVID HORNER FORMER EVP 40.00 8.00 X 118599 0 31726 KELLI VILLARRIAL FORMER VP, ASSOC GEN COUNS 40.00 8.00 X 267091 0 41960 MILICENT MISSY LARSON FORMER VICE PRESIDENT, HR 40.00 0.00 X 132604 0 33937 5665397 0 790278 30 1 1 0 MURRAY WATSON & ASSOCIATES 2600 WASHINGTON AVE WACO TX 76710 LEGAL 691680 SAYLOR CONSULTING SERVICES LLC 9 NORTHVIEW AVE MONTCLAIR NJ 07043 CONSULTING SERVICES 492509 OMEGA CONSULTANTS 5601 GLENBECK ROAD STROUDSBURG PA 18360 CONSULTING SERVICES 262409 HES NEW VENTURES LLC 245 W CHOCOLATE AVE HERSHEY PA 17033 CONSULTING SERVICES 199149 CLAIBORN SOFTWARE CONSULTANTS P O BOX 194 ROSS TX 76684 CONSULTING SERVICES 181435 7 OPERATING INCOME 522294 9948088 9948088 BENEFICIAL INTEREST (M&O) 522294 2344413 2344413 COMMISSION INCOME PORTFOLIO MANAG 522294 612801 612801 ADMINISTRATIVE SERVICES INCOME 522294 361202 361202 AMORTIZATION OF DEFERRED INCOME 522294 99136 99136 13365640 548303 147502 400801 22453 0 22453 22453 22453 1588000 11499 1388253 7992 199747 3507 203254 203254 MISCELLANEOUS REVENUE 522294 136819 136819 136819 14276469 13141257 508704 626508 163944 163944 750 750 4793108 4313797 479311 2739872 2542159 197713 474256 435422 38834 1003034 907268 95766 449969 410496 39473 692460 110753 581707 725665 653133 72532 52423 47856 4567 182850 182850 16514 3503 13011 6011 6011 533987 426019 107968 212345 191110 21235 337596 304753 32843 84486 76484 8002 26892 24307 2585 115595 104369 11226 370761 333685 37076 DUES/SUBSCRIPTIONS 94942 85699 9243 ENTERTAINMENT 53417 1101 52316 MISCELLANEOUS EXPENSE 31661 13757 17904 ADMINISTRATIVE EXPENSE 25625 23062 2563 5777 5777 13193940 11368065 1825875 0 8879326 9528123 5140344 5145881 605 86958 630912 658987 500000 150409 134823 2692851 1671336 1145101 1021515 6620190 5558346 7323076 9355403 20217896 19943209 50607859 51433245 1007409 787979 99136 0 5308845 4169202 6415390 4957181 X 44192469 46476064 0 0 0 0 44192469 46476064 50607859 51433245 X 1082529 1201066 X X 0 1 X 1 0 X 17280054 21935545 19493642 14764700 13004438 86478379 17280054 21935545 19493642 14764700 13004438 86478379 0 0 0 86478379 3131072 549129 690776 649502 423254 5443733 3131072 549129 690776 649502 423254 5443733 -46299 -31251 -80077 -157627 475990 264836 109976 144307 136819 1131928 20887116 22749510 20248095 15527258 13484434 92896413 0.93090 0.92310 0.05860 0.06650 X 0 0 0 0 0 0 0 0 1 182850 182850 0 PART I-A, LINE 1: OUTSIDE LOBBYISTS WERE HIRED TO ADVISE BRAZOS ON APPROPRIATE STRATEGIES AND ACTIONS REGARDING LEGISLATION THAT WOULD HAVE A HARMFUL IMPACT ON BRAZOS INTEREST. IN ADDITION, LOBBYISTS WERE CHARGED WITH MONITORING THE INTRODUCTION AND THE PROGRESS ON LEGISLATION/RULES THAT REQUIRED BRAZOS COMPLIANCE IN ALL AREAS OF THE BUSINESS. LEGISLATION ISSUES INCLUDED BUDGET RECONCILIATION, REAUTHORIZATION OF THE HIGHER EDUCATION ACT, TAX-EXEMPT ISSUES AND PRIVACY ISSUES. PART II-B, LINE 1: OUTSIDE LOBBYISTS WERE HIRED TO ADVISE BRAZOS ON APPROPRIATE STRATEGIES AND ACTIONS REGARDING LEGISLATION THAT WOULD HAVE A HARMFUL IMPACT ON BRAZOS INTEREST. IN ADDITION, LOBBYISTS WERE CHARGED WITH MONITORING THE INTRODUCTION AND THE PROGRESS ON LEGISLATION/RULES THAT REQUIRED BRAZOS COMPLIACE IN ALL AREAS OF THE BUSINESS. LEGISLATION ISSUES INCLUDED BUDGET RECONCILIATION, REAUTHORIZATION OF THE HIGHER EDUCATION ACT, TAX-EXEMPT ISSUES AND PRIVACY ISSUES. 68000 68000 2013601 1217303 796298 611250 454033 157217 1021515 6598912 C RESIDUAL CERTIFICATE INVESTMENT 2756491 C 9355403 ACCRUED INVESTMENT INTEREST 751183 ASSETS HELD IN ESCROW 4169202 DUE FROM AFFILIATES 15022824 19943209 PREFUNDED BENEFIT PAYABLE 4169202 4169202 X 16726821 2450352 2450352 14276469 0 14276469 17407274 4213334 4213334 13193940 0 13193940 PART X, LINE 2: BHESC IS A NOT-FOR-PROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE COMPANY IS ALSO EXEMPT FROM STATE INCOME TAX. INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL INCOME TAXES. THE COMPANY HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. AS SUCH, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COMPANY FILES FEDERAL INFORMATION RETURNS IN THE UNITED STATES. THE COMPANY MAY BE SUBJECT TO EXAMINATIONS FOR THE TAX YEARS ENDED JUNE 30, 2012 AND LATER BY THE INTERNAL REVENUE SERVICE. THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION FOR ANY OPEN TAX YEAR. THE COMPANY FOLLOWS THE ACCOUNTING STANDARD RELATED TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COMPANY CURRENTLY HAS NO UNCERTAIN TAX POSITIONS. BAC IS A FOR-PROFIT CORPORATE SUBSIDIARY OF THE COMPANY. THE SEPARATE TAX ACCOUNTS FOR BAC ARE INCLUDED IN NOTE 11 OF THESE CONSOLIDATED FINANCIAL STATEMENTS. INCOME TAXES ARE ACCOUNTED FOR UNDER THE ASSET AND LIABILITY METHOD. DEFERRED TAX ASSETS AND LIABILITIES ARE RECOGNIZED FOR THE FUTURE TAX CONSEQUENCES ATTRIBUTABLE TO DIFFERENCES BETWEEN THE FINANCIAL STATEMENT CARRYING AMOUNTS OF EXISTING ASSETS AND LIABILITIES AND THEIR RESPECTIVE TAX BASES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS. DEFERRED TAX ASSETS AND LIABILITIES ARE MEASURED USING ENACTED TAX RATES EXPECTED TO APPLY TO TAXABLE INCOME IN THE YEARS IN WHICH THOSE TEMPORARY DIFFERENCES ARE EXPECTED TO BE RECOVERED OR SETTLED. THE EFFECT ON DEFERRED TAX ASSETS AND LIABILITIES OF A CHANGE IN TAX RATES IS RECOGNIZED IN INCOME IN THE PERIOD THAT INCLUDES THE ENACTMENT DATE. INTERVIEWSTREAM IS A FOR-PROFIT CORPORATE MAJORITY OWNED SUBSIDIARY OF BAC. THE SEPARATE TAX ACCOUNTS FOR INTERVIEWSTREAM ARE INCLUDED IN NOTE 11 OF THESE CONSOLIDATED FINANCIAL STATEMENTS. INCOME TAXES ARE ACCOUNTED FOR UNDER THE ASSET AND LIABILITY METHOD. DEFERRED TAX ASSETS AND LIABILITIES ARE RECOGNIZED FOR THE FUTURE TAX CONSEQUENCES ATTRIBUTABLE TO DIFFERENCES BETWEEN THE FINANCIAL STATEMENT CARRYING AMOUNTS OF EXISTING ASSETS AND LIABILITIES AND THEIR RESPECTIVE TAX BASES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS. DEFERRED TAX ASSETS AND LIABILITIES ARE MEASURED USING ENACTED TAX RATES EXPECTED TO APPLY TO TAXABLE INCOME IN THE YEARS IN WHICH THOSE TEMPORARY DIFFERENCES ARE EXPECTED TO BE RECOVERED OR SETTLED. THE EFFECT ON DEFERRED TAX ASSETS AND LIABILITIES OF A CHANGE IN TAX RATES IS RECOGNIZED IN INCOME IN THE PERIOD THAT INCLUDES THE ENACTMENT DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERVIEWSTREAM AND BAC INCOME CONSOLIDATED WITH BHESC ON AUDIT 2,450,352. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERVIEWSTREAM AND BAC EXPENSES CONSOLIDATED WITH BHESC ON AUDIT 4,213,334. 0 REACH THERAPEUDIC RIDING CENTER 525 AUSTIN HINES CHINA SPRING TX 76633 261856333 501(C)(3) 12500 ASSIST WITH THE ORGANIZATION'S SCHOLARSHIP PROGRAM BENEFITING AUTISTIC CHILDREN. WACO SCOTTISH RITE CHARITABLE FOUNDATION 2801 WEST WACO DRIVE WACO TX 76707 742581354 501(C)(3) 5000 ASSIST WITH THE ORGANIZATION'S CAMP SUCCESS PROGRAM. DR PEPPER MUSEUM & FREE ENTERPRISE INSTITUTE 300 S 5TH STREET WACO TX 76701 742497117 501(C)(3) 12500 ASSIST WITH THE ORGANIZATION'S PURCHASE OF A VEHICLE. WACO FAMILY PRACTICE FOUNDATION 1600 PROVIDENCE DRIVE WACO TX 76707 742446071 501(C)(3) 10000 ASSIST WITH THE ORGANIZATION'S SUPPORT OF THE MCLENNAN COUNTY MEDICAL EDUCATION & RESEARCH FOUNDATION AND THE HEART OF TEXAS COMMUNITY HEALTH CENTER GREATER WACO CHAMBER OF COMMERCE P O BOX 1220 WACO TX 76703 740967440 501(C)(6) 7350 ASSIST THE CHAMBER BY HELPING TO SPONSOR SEVERAL OF ITS EVENTS DURING THE YEAR INCLUDING COLLEGIATE FORUM, ANNUAL KICKOFF, TIPOFF & FIRST PITCH LUNCHEONS, & 8TH REWARD SESSION. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MURRAY WATSON JR PRESIDENT 607294 0 356012 0 85887 0 33500 0 3275 0 1085968 0 0 0 ELLIS TREDWAY EVP / COO 311190 0 130059 0 27317 0 33500 0 14983 0 517049 0 0 0 RICKY TURMAN EVP / CFO 296397 0 126166 0 24766 0 33500 0 22065 0 502894 0 0 0 THOMAS BEN LITLE EVP/COO/SR VP/GEN COUNSEL 442517 0 63644 0 16970 0 31609 0 15623 0 570363 0 0 0 MICHAEL MACOMBER EVP SALES & MARKETING 220287 0 97933 0 23803 0 42247 0 23595 0 407865 0 0 0 SAMUEL REDDEN SVP / CHIEF INFO OFFICER 172911 0 54432 0 35553 0 32080 0 13428 0 308404 0 0 0 RANDALL LARSON SPECIAL PROJECTS VP 168581 0 48098 0 0 0 28913 0 8392 0 253984 0 0 0 TAMMY HARRALSON CONTROLLER / VP 130186 0 42422 0 17545 0 24883 0 8055 0 223091 0 0 0 JANICE WHITE VP ADMINISTRATION/ASST SECRETARY 107395 0 37831 0 24830 0 20558 0 2970 0 193584 0 0 0 ANDREW ELLIS VP, HUMAN RESOURCES 109505 0 35716 0 18996 0 20692 0 13389 0 198298 0 0 0 DANIEL REYNA INTERNAL AUDIT DIRECTOR 102356 0 29843 0 0 0 16150 0 7790 0 156139 0 0 0 DARRELL BROOKS TREASURER 106125 0 26273 0 11979 0 19327 0 16792 0 180496 0 0 0 JUSTIN GREEN FINANCIAL SERVICE DIR 143744 0 42973 0 7459 0 22594 0 16607 0 233377 0 0 0 JOHN M WRIGHT BUSINESS ANALYTICS DIR 111609 0 36795 0 27305 0 22211 0 6938 0 204858 0 0 0 DEBRA URIAS VP CUSTOMER RELATIONS 96972 0 35023 0 21398 0 17042 0 8402 0 178837 0 0 0 SARAH MACCARTHY PROJECT MANAGEMENT 109487 0 27808 0 25635 0 18492 0 7181 0 188603 0 0 0 REBECCA HARLAND LOAN ADMIN MANAGER 103675 0 33270 0 15335 0 19926 0 12877 0 185083 0 0 0 DAVID HORNER FORMER EVP 100375 0 2430 0 15794 0 13800 0 17926 0 150325 0 0 0 KELLI VILLARRIAL FORMER VP, ASSOC GEN COUNS 182727 0 54907 0 29457 0 33500 0 8460 0 309051 0 0 0 MILICENT MISSY LARSON FORMER VICE PRESIDENT, HR 120891 0 11713 0 0 0 17507 0 16430 0 166541 0 0 0 MURRAY WATSON JR OFFICER PERSONAL LIFE INSURANCE FOR MR WATSON & SPOUSE. X 658987 0 1 1 658987 MURRAY WATSON JR OFFICER OF ORGANIZATION 735000 LEGAL SERVICES 0 SCHEDULE L, PART II BRAZOS HIGHER EDUCATION SERVICE CORPORATION PAYS PREMIUMS FOR A LIFE INSURANCE POLICY OWNED BY MURRAY WATSON, JR. AND HIS SPOUSE. THE AGREEMENT BETWEEN THE COMPANY AND MR. WATSON IS THAT THE LOAN IS DUE AND PAYABLE FROM THE ESTATE AT THE DEATH OF BOTH HIM AND HIS SPOUSE. INTEREST ON THE LOAN IS CALCULATED AND INCLUDED IN MR. WATSON'S ANNUAL W-2 AS TAXABLE INCOME. FORM 990, PART VI, SECTION A, LINE 2 MURRY WATSON, JR. IS THE PRESIDENT OF BRAZOS HIGHER EDUCATION SERVICE CORPORATION (BHESC). RANDAL LARSON (OFFICER AND EMPLOYEE OF BHESC), AND MILICENT LARSON (FORMER OFFICER AND CURRENT EMPLOYEE) ARE HIS SON IN-LAW AND DAUGHTER, RESPECTIVELY. MR. WATSON'S LAW FIRM, WATSON AND ASSOCIATES, ALSO EMPLOYS RAY RUSHING, WHO IS AN OFFICER OF BHESC. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO SENIOR MANAGEMENT FOR REVIEW. AFTER THIS REVIEW, THE RETURN IS POSTED ON A SECURE WEBSITE FOR REVIEW BY THE BOARD OF DIRECTORS. THE BOARD IS NOTIFIED OF THE POSTING AND ASKED TO PROVIDE COMMENTS OR QUESTIONS. COMMENTS OR QUESTIONS ARE INVESTIGATED AND RESOLVED OR DISCLOSED TO THE BOARD. UPON COMPLETION OF THE PROCESS, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COMPLIANCE DEPARTMENT PREPARES AND DISTRIBUTES A CONFLICT OF INTEREST QUESTIONNAIRE TO ALL BOARD MEMBERS AND EMPLOYEES ANNUALLY. INCLUDED WITH THE QUESTIONNAIRE IS A LISTING OF VENDORS UTILIZED BY THE ORGANIZATION. THE COMPLIANCE DEPARTMENT REVIEWS THE QUESTIONNAIRES AND COMPILES A LIST OF POTENTIAL CONFLICTS FOR REVIEW BY THE AUDIT COMMITTEE, SENIOR MANAGEMENT, AND THE BOARD OF DIRECTORS. POTENTIAL CONFLICTS ARE ASSESSED AND RESOLVED IF DETERMINED TO BE AT RISK. FORM 990, PART VI, SECTION B, LINE 15 OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN BRAZOS HIGHER EDUCATION SERVICE CORPORATION'S BOARD OF DIRECTORS USES AN INDEPENDENT THIRD PARTY TO REVIEW THE COMPENSATION OF THE PRESIDENT, OFFICERS, AND KEY EMPLOYEES. THE THIRD PARTY REVIEWS EACH ELEMENT OF COMPENSATION TO ENSURE IT IS IN COMPLIANCE WITH IRS GUIDELINES AS WELL AS PERFORMS COMPARABILITY STUDIES TO DETERMINE WHETHER SALARIES ARE REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CONTRIBUTION 1,201,064. ROUNDING 2. FORM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ACADEMIC FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742540458 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 ACAPITA EDUCATION FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742542435 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 ANGELINA HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 200115078 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 ATLANTIC STUDENT FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 205412189 FUND STUDENT LOANS FL 501(C)(3) LINE 7 1 BOSQUE HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 742534099 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 BRAZOS EDUCATION FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742539632 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 BRAZOS EDUCATION LOAN AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868073 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 BRAZOS HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 742099402 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 BRAZOS EDUCATION FOUNDATION INC 2612 WASHINGTON AVE WACO TX 76703 264562436 GRANT MAKING TX 501(C)(3) LINE 7 1 BRAZOS STUDENT FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742356109 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 CONCHO HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870081 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 EDINVEST COMPANY 2600 WASHINGTON AVE WACO TX 76710 742537669 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 EDUCATION SERVICING MANAGEMENT CORPORATION 2600 WASHINGTON AVE WACO TX 76710 203870046 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 EDUCATIONAL FUNDING SERVICES INC 2600 WASHINGTON AVE WACO TX 76710 330947525 FUND STUDENT LOANS CA 501(C)(3) LINE 9 1 FEDERATED STUDENT FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742536239 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 FRIO HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870120 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 LAVACA HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870153 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 BRAZOS EDUCATION FUNDING CORPORATIONINC FKA LEON HIGHER EDUCATION AUTHORITY 2600 WASHINGTON AVE WACO TX 76710 203870176 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 LLANO HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870219 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 PALUXY HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868139 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 ROZELL HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203867891 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 SABINE HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868185 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 TEXOMA HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868230 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 TRINITY HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 742534486 FUND STUDENT LOANS TX 501(C)(3) LINE 9 1 INTERVIEWSTREAM INC 2612 WASHINGTON AVE WACO TX 76710 461208841 JOB INTERVIEW SERVICE TX BRAZOS ASSET CORPORATION C -131520 1 BRAZOS ASSET CORP 2600 WASHINGTON AVE WACO TX 76710 300835799 INVESTMENT CORPORATION TX BRAZOS HIGHER EDUCATION SERVICE CORPORATION INC C 93771 6692882 1.00000 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 BRAZOS HIGHER EDUCATION AUTHORITY INC A 152395 INTERVIEWSTREAM INC A 147502 ANGELINA HIGHER EDUCATION AUTHORITY INC C 150865 BRAZOS STUDENT FINANCE CORPORATION C 775897 BRAZOS HIGHER EDUCATION AUTHORITY INC D 4197250 INTERVIEWSTREAM INC D 6030000 BRAZOS HIGHER EDUCATION AUTHORITY INC L 6258523 BRAZOS STUDENT FINANCE CORPORATION L 915936 FEDERATED STUDENT FINANCE CORPORATION L 174257 ACAPITA EDUCATION FINANCE CORPORATION L 1039396 BRAZOS EDUCATION LOAN AUTHORITY INC L 1456260 LEON HIGHER EDUCATION AUTHORITY INC L 53724