2013-04-11T14:40:56-07:00 2012-08-31 990 2011-09-01 751661098 HIGHER EDUCATION SERVICING CORPORATION HIGH 8172659158 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 Kathryn Bryan 8172659158 2013-04-02 2011 2016-02-25 16:41:14Z X Kathryn M Bryan 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 10746718 0 X X 1978 TX Provides student loans and life of loan servicing of student loans under agreements with note holders operating as Higher Educucation Authorities and financial institutions. Also provides its own small independent student loan program. HESC is responsible for the reporting, collection, and accounting for the loans. HESC also provides outreach sevices for North Texas. 4 4 42 0 55290 67065 111430 37925 10727246 10502538 24207 31724 0 55290 10862883 10627477 0 0 0 0 3489817 3216654 0 0 0 5386817 5159328 8876634 8375982 1986249 2251495 24856959 28908276 644279 2444101 24212680 26464175 HESC fosters quality servicing for student loans, encourages and promotes student enrollment at post-secondary level institutions and to the extent possible provides support to associations, trusts, foundations and institutions operated for purposes described in sections 170 (c) (2) and 501 (c) (3) of the Code. 0 0 7795944 0 10540463 Servicing and development of computer systems to service student loans.Program administrator for loans held by NTHEA. Servicing of loans held by other financial institutions. Own and service a small portfolio of student loans not covered by the federal education programs. 0 0 0 Outreach activities to local and regional students preparing for post secondary education. 0 0 0 7795944 1 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 1 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 1 0 0 0 0 0 1 29 0 1 42 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Kathryn Bryan 8172659158 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 Kenneth D Woods 0.25 X X 1200 0 0 Jerry Lytle 0.25 X X 800 0 0 Judy Schneider 0.25 X X 1200 0 0 June Hagler 0.25 X 1200 0 0 Kathryn Bryan 50 X X 254286 0 39865 Phillip Wambsganss 50 X 125899 0 23353 Rhonda Huntley 50 X 131256 0 24048 Robert Sandlin 50 X 107388 0 20941 Robert Lamberson 50 X 104289 0 20545 727518 0 128752 5 0 1 0 Edfinancial Services PO Box 36014 Knoxville TN 379306014 Loan Servicing Bureau 2753953 WF Tower-Dallas LLC 1250 E Copeland Road Suite 550 Arlington TX 76011 Office Lease 465356 Nelnet Loan Services 1215 13th Street Suite 201 Lincoln NE 68508 Loan Servicing Bureau 760819 5280 Solutions 457 New Karner Road Alnany NY 12205 Loan Servicing System Provider 251154 Avant Strategic Partners LP 10010 San Pedro Suite 520 San Antonio TX 78216 Arbitrage Calculations 213000 8 0 0 0 0 37925 0 0 37925 Lender Loan Servicing Fees 611710 1821866 1821866 0 0 Loan Servicing Pass Through Fees 611710 3261977 3261977 0 0 Student Loan Income 525990 115245 115245 0 0 Program Administration Fees 561000 5303450 5303450 0 0 0 0 0 0 10502538 31724 0 0 31724 0 0 0 0 0 0 0 0 174531 0 119241 0 55290 0 55290 0 55290 0 0 0 0 0 10627477 10502538 55290 31724 0 0 0 0 0 0 0 0 236265 205629 30636 0 0 0 0 0 2388438 2078737 309701 0 315841 274887 40954 0 248024 215863 32161 0 28086 24444 3642 0 240983 158573 82410 0 145692 132265 13427 0 72000 72000 0 0 450 450 0 0 0 0 0 0 0 0 334988 334988 0 0 26770 26770 0 0 429383 399001 30382 0 0 0 0 0 0 0 0 0 407292 390099 17193 0 37339 31536 5803 0 0 0 0 0 0 0 0 0 4844 4214 630 0 0 0 0 0 30170 28670 1500 0 35503 30887 4616 0 Dues and subscriptions 41277 35911 5366 0 Doubtful Account Expense 78224 78224 0 0 Bank Fees 12436 10819 1617 0 Loan Servicing Pass Through Fees 3261977 3261977 0 0 0 0 0 0 8375982 7795944 580038 0 300 300 13458324 16621082 0 0 466713 417682 0 0 0 0 0 0 0 0 44715 33789 2650943 1040406 27632 1610537 0 0 0 0 10843583 10198648 0 9637 15692 16601 24856959 28908276 644279 2432326 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11775 644279 2444101 X 24212680 26464175 0 0 0 0 24212680 26464175 24856959 28908276 2251495 0 X 0 1 1 X 0 X 0 150 0 111430 37925 149505 11450333 13869034 14845923 10727246 10502538 61395074 11450333 13869184 14845923 10838676 10540463 61544579 61544579 333422 106180 12997 24207 31724 508530 55290 55290 333422 106180 12997 24207 87014 563820 11783755 13975364 14858920 10862883 10627477 62108399 0.99092 0.98527 0.00908 0.01472 X 0 0 0 0 0 1 450 0 0 0 450 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 HESC is an associate member of the Education Finance Council, a 501(c)3 organization that spends 5% of its revenues on lobbying activities. The $450 represents the equivalent amount of lobbying expense paid by HESC through its membership dues. 0 644688 644688 0 961156 5101 956055 0 112606 112606 0 0 932493 922699 9794 0 0 0 0 1610537 Private Student Loans - Net 3359339 C Development Project 6839309 C 10198648 11775 11775 10627477 8375982 2251495 0 0 0 0 0 0 2251495 10627477 0 0 0 0 0 10627477 0 0 0 10627477 8375982 0 0 0 0 0 8375982 0 0 0 8375982 X X X 0 0 0 0 0 0 0 0 0 Kathryn Bryan 204155 0 48651 0 1480 0 32865 0 7000 0 294151 0 0 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the HESC Director of Accounting, reviewed by the HESC CEO, and forwarded to the HESC Board President for review before it is filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c HESC's General Counsel attends every Board meeting. The General Counsel reviews the conflict of interest policy with the Board members on an annual basis and enforces compliance with the policy. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Directors is provided industry related salary surveys and information prepared by third parties. Comparable jobs and salaries are reviewed prior to annual budget salaries being set. F990_P06_S0C_L17 Form 990, Part VI, Section C, Line 17 HESC is a non-profit corporation formed under the laws of the State of Texas. Texas has no requirement for filing Form 990. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 HESC provides its audited financial statements and reports to the public upon written request. HESC does not make its governing documents and conflict of interest policy available to the public. HESC INC 4381 W Green Oaks Blvd Suite 200 Arlington TX 760164452 752209271 Marketing Student Loans TX 0 66 Higher Education Servicing Corporation