2014-07-14T14:44:40-05:00 2013-12-31 752569269 JOHNSON & SHELDON PC PO BOX 509 AMARILLO TX 791050509 990 2013-01-01 455543346 PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION PANH 8063244115 1303 23RD STREET CANYON TX 79015 JIMMY PARKER PRESIDENT 8063244115 2014-07-07 true RICHARD W BLANKENSHIP P00172630 8063717661 2014-07-14 2013 2015-11-30 17:44:51Z SEE SCHEDULE O JIMMY PARKER 1303 23RD STREET CANYON TX 79015 7578585 false X WWW.PPSLC.COM X 2012 TX MASTER STUDENT LOAN SERVICER FOR PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY, INC. (PPHEA), PANHANDLE-PLAINS STUDENT FINANCE CORPORATION (PPSFC), AND OTHER ORGANIZATIONS. THE CORPORATION ALSO PERFORMS MANAGEMENT AND OVERSIGHT SERVICES FOR PPHEA AND PPSFC, OF WHICH BOTH ARE ALSO RELATED NOT-FOR-PROFIT ORGANIZATIONS. ALSO PROVIDES EDUCATIONAL AND CHARITABLE PROGRAMS TO DECREASE STUDENT LOAN DEFAULTS, PROMOTE FINANCIAL AID OUTREACH AND FINANCIAL LITERACY. 4 4 15 50999 49999 362936 0 4144082 7577154 18 45 1386 4507036 7578585 0 0 786103 1603639 0 0 3393574 5234675 4179677 6838314 327359 740271 16219137 12509923 15891777 11442292 327360 1067631 X MASTER STUDENT LOAN SERVICER FOR PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY, INC. (PPHEA), PANHANDLE-PLAINS STUDENT FINANCE CORPORATION (PPSFC), AND OTHER ORGANIZATIONS. THE CORPORATION ALSO PERFORMS MANAGEMENT AND OVERSIGHT SERVICES FOR PPHEA AND PPSFC, OF WHICH BOTH ARE ALSO RELATED NOT-FOR-PROFIT ORGANIZATIONS. ALSO PROVIDES EDUCATIONAL AND CHARITABLE PROGRAMS TO DECREASE STUDENT LOAN DEFAULTS, PROMOTE FINANCIAL AID OUTREACH AND FINANCIAL LITERACY. true false 1168709 435586 MASTER STUDENT LOAN SERVICER FOR PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY, INC. (PPHEA), PANHANDLE-PLAINS STUDENT FINANCE CORPORATION (PPSFC), AND OTHER ORGANIZATIONS. 4090485 6735230 MANAGEMENT AND OVERSIGHT SERVICES FOR PPHEA AND PPSFC, BOTH ORGANIZATIONS ARE ALSO RELATED NOT-FOR-PROFIT ORGANIZATIONS. 584355 320571 PROVIDE EDUCATIONAL AND CHARITABLE PROGRAMS TO DECREASE STUDENT LOAN DEFAULTS, PROMOTE FINANCIAL AID OUTREACH ACTIVITIES, AND PROMOTE FINANCIAL LITERACY. 169175 34768 IN CONJUNCTIONS WITH THE PANHANDLE NON-PROFITS, WE HAVE DEVELOPED AND INTRODUCED THE STUDENT LOAN ASSISTANCE MANAGER (SLAM), WHICH IS A COHORT DEFAULT RATE MANAGEMENT SYSTEM CREATED TO IMPORT NATIONAL STUDENT LOAN DATA SYSTEMS (NSLDS) DATA AND ALLOW SCHOOLS TO UNDERTAKE DEFAULT PREVENTION ACTIVITIES. THE SYSTEM PROVIDES THE SCHOOL WITH USER-FRIENDLY ACCESS TO NSLDS DATA ON THE STUDENT LOANS OF BORROWERS WHO ATTENDED THE SCHOOL AND CAN BE USED TO IDENTIFY BORROWERS TO DEFAULT AVERSION ACTIVITIES AND TO ESTIMATE THE INSTITUTION'S COHORT DEFAULT RATE (WHICH IS IMPORTANT FOR SCHOOLS TO HAVE CONTINUED ELIGIBILITY TO PARTICIPATE AND RECEIVE TITLE IV STUDENT AID FUNDS FOR THEIR STUDENTS). 169175 34768 6012724 true false false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false true false false false false false true false false false true 12 0 true 15 true true true false false false false false X 4 4 false false false false false false false true true false false true true true true true false true true false X JIMMY PARKER 8063244115 1303 23RD ST CANYON TX 79015 QUINN ALEXANDER CHAIRMAN 2.00 2.00 X X 0 0 0 MICHAEL P RYAN VICE CHAIRMA 2.00 2.00 X X 0 0 0 TAMMY ROARK SECRETARY 2.00 2.00 X X 0 0 0 JAN BENTON DIRECTOR 2.00 2.00 X 0 0 0 JIMMY PARKER PRESIDENT 30.00 10.00 X 154179 0 24505 JOHN WRIGHT SR VICE PRES 30.00 10.00 X 127164 0 25656 ZACH BELL CFO 10.00 30.00 X 92657 0 24077 374000 74238 2 false true false XEROX EDUCATION SERVICES INC PO BOX 201322 DALLAS TX 75320 LOAN SUB-SERVIC 5983375 1 MAINTENANCE & OPERATIONS 522298 6735230 6735230 STUDENT LOAN SERVICING REVENU 522298 435586 435586 DEFAULT PREVENTION FEES 522298 320571 320571 STUDENT LOAN SERVICING REVENU 561000 50999 50999 FINANCIAL AID CONSULTING SERV 522298 34768 34768 7577154 45 45 OTHER REVENUE 522298 1386 1386 1386 7578585 7527586 50999 374000 241075 132925 900755 521766 378989 229893 145183 84710 98991 58471 40520 28265 28265 28025 28025 12934 12934 10427 10427 42787 21392 21395 146340 73168 73172 41039 20519 20520 684596 684596 3999105 3999105 55376 27688 27688 CONTRACT SERVICES 77430 77430 IT MAINT/INTERNET FEES 59778 29889 29889 DUES & SUBSCRIPTIONS 21497 10748 10749 TAXES 17012 17012 10064 5031 5033 6838314 6012724 825590 0 680264 1065183 1156436 1062384 37720 35706 99043 97084 116009 65626 88006 50383 14157668 10199183 16219137 12509923 669447 729532 15222330 10712760 15891777 11442292 X 327360 1067631 327360 1067631 16219137 12509923 740271 X false true X true false X X X X false false false PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY INC 237025386 11 true true true 0 PANHANDLE-PLAINS STUDENT FINANCE CORPORATION 752059556 9 true true true 0 2 81923 45137 36786 34086 20489 13597 50383 X 7578585 7578585 7578585 6838314 6838314 6838314 SCHEDULE D, PAGE 3, PART X MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL TAX AUTHORITIES FOR YEARS ENDING BEFORE 2012. X true false X false false false false false false false false false JIMMY PARKER PRESIDENT 139179 15000 14045 10460 178684 JOHN WRIGHT SR VICE PRESIDENT 117164 10000 12205 13451 152820 FIRST UNITED BANK BOARD CHAIRMAN 1064858 OPERATING BANK ACCT false SCHEDULE L, PART V PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION HAS AN OPERATING ACCOUNT AT A LOCAL BANK AT WHICH DIRECTOR QUINN ALEXANDER IS A SENIOR VICE PRESIDENT. FORM 990, PAGE 1, ITEM C PANHANDLE-PLAINS STUDENT LOAN CENTER FORM 990 - ORGANIZATION'S MISSION MASTER STUDENT LOAN SERVICER FOR PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY, INC. (PPHEA), PANHANDLE-PLAINS STUDENT FINANCE CORPORATION (PPSFC), AND OTHER ORGANIZATIONS. THE CORPORATION ALSO PERFORMS MANAGEMENT AND OVERSIGHT SERVICES FOR PPHEA AND PPSFC, OF WHICH BOTH ARE ALSO RELATED NOT-FOR-PROFIT ORGANIZATIONS. ALSO PROVIDES EDUCATIONAL AND CHARITABLE PROGRAMS TO DECREASE STUDENT LOAN DEFAULTS, PROMOTE FINANCIAL AID OUTREACH AND FINANCIAL LITERACY. FORM 990, PAGE 2, PART III, LINE 2 IN CONJUNCTION WITH THE PANHANDLE NON-PROFITS, WE HAVE DEVELOPED AND INTRODUCED THE STUDENT LOAN ASSISTANCE MANAGER (SLAM), WHICH IS A COHORT DEFAULT RATE MANAGEMENT SYSTEM CREATED TO IMPORT NATIONAL STUDENT LOAD DATA SYSTEM (NSLDS) DATA AND ALLOW SCHOOLS TO UNDERTAKE DEFAULT PREVENTION ACTIVITIES. THE SYSTEM PROVIDES THE SCHOOL WITH USER FRIENDLY ACCESS TO NSLDS DATA ON THE STUDENT LOANS OF BORROWERS WHO ATTENDED THE SCHOOL AND CAN BE USED TO IDENTIFY BORROWERS FOR DEFAULT AVERSION ACTIVITIES AND TO ESTIMATE THE INSTITUTION'S COHORT DEFAULT RATE (WHICH IS IMPORTANT FOR SCHOOLS TO HAVE CONTINUED ELIGIBILITY TO PARTICIPATE AND RECEIVE TITLE IV STUDENT AID FUNDS FOR THEIR STUDENTS). FORM 990, PAGE 2, PART III, LINE 4D IN CONJUNCTIONS WITH THE PANHANDLE NON-PROFITS, WE HAVE DEVELOPED AND INTRODUCED THE STUDENT LOAN ASSISTANCE MANAGER (SLAM), WHICH IS A COHORT DEFAULT RATE MANAGEMENT SYSTEM CREATED TO IMPORT NATIONAL STUDENT LOAN DATA SYSTEMS (NSLDS) DATA AND ALLOW SCHOOLS TO UNDERTAKE DEFAULT PREVENTION ACTIVITIES. THE SYSTEM PROVIDES THE SCHOOL WITH USER-FRIENDLY ACCESS TO NSLDS DATA ON THE STUDENT LOANS OF BORROWERS WHO ATTENDED THE SCHOOL AND CAN BE USED TO IDENTIFY BORROWERS TO DEFAULT AVERSION ACTIVITIES AND TO ESTIMATE THE INSTITUTION'S COHORT DEFAULT RATE (WHICH IS IMPORTANT FOR SCHOOLS TO HAVE CONTINUED ELIGIBILITY TO PARTICIPATE AND RECEIVE TITLE IV STUDENT AID FUNDS FOR THEIR STUDENTS). FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS OF PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION IS PROVIDED AN ELECTRONIC COPY OF THE FORM 990 ONE WEEK PRIOR TO FILING. THE DIRECTORS THEN HAVE A WEEK TO REVIEW AND GIVE COMMENTS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEMBERS OF PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION ARE REQUIRED TO UPDATE THEIR CONFLICT OF INTEREST STATEMENT AT THE ANNUAL BOARD OF DIRECTORS MEETING, HELD DURING MAY OF EACH YEAR. A RECORD OF THIS IS KEPT IN THE MINUTES OF THE BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A DURING THE ANNUAL BUDGET APPROVAL PROCESS THE BOARD OF DIRECTORS APPROVE THE SALARIES OF ALL EMPLOYEES, INCLUDING PRESIDENT AND KEY EMPLOYEES. THE BOARD ALSO INCLUDED A 2% RAISE FOR ALL EMPLOYEES FOR 2013. FORM 990, PAGE 6, PART VI, LINE 15B DURING THE ANNUAL BUDGET APPROVAL PROCESS THE BOARD OF DIRECTORS APPROVE THE SALARIES OF ALL EMPLOYEES, INCLUDING PRESIDENT AND KEY EMPLOYEES. THE BOARD ALSO INCLUDED A 2% RAISE FOR ALL EMPLOYEES FOR 2013. FORM 990, PAGE 6, PART VI, LINE 19 PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION MAKES ALL GOVERNING DOCUMENTS, POLICIES, ANNUAL AUDITED FINANCIAL STATEMENTS AND FORM 990S AVAILABLE UPON REQUEST. ARTICLES OF INCORPORATION AND PUBLIC DOCUMENTS ARE PUBLIC INFORMATION AND ARE AVAILABLE FROM THE TEXAS SECRETARY OF STATE. PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY INC 1303 23RD STREET CANYON TX 79015 237025386 LENDER TX 501C3 11A N/A false PANHANDLE-PLAINS STUDENT FINANCE CORPORATION 1303 23RD STREET CANYON TX 79015 752059556 LENDER TX 501C3 9 N/A false false false false false false false false false false false false true false false false false false false false PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY INC L 6741614 CASH PANHANDLE-PLAINS STUDENT FINANCE CORPORATION L 214253 CASH