2011-07-13T16:08:31-05:00 2010-08-31 JOHNSON & SHELDON PC PO BOX 509 AMARILLO TX 791050509 990 2009-09-01 237025386 PANHANDLE-PLAINS HIGHER EDUCATION AUTHORITY INC PANH 8063244100 1303 23RD STREET CANYON TX 79015 JIMMY PARKER 8063244100 2011-07-05 RICHARD W BLANKENSHIP 8063717661 2011-07-05 2009 2016-02-24 21:20:13Z JIMMY PARKER 1303 23RD STREET CANYON TX 79015 46695551 false X WWW.PPHEA.ORG X 1979 TX PROVIDING FUNDS FOR THE PURCHASE OF STUDENT LOANS AT THE POST-SECONDARY LEVEL, AND TO PROVIDE PROCEDURES FOR THE SERVICING OF SUCH LOANS AS REQUIRED FOR CONTINUED PARTICIPATION IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM UNDER THE HIGHER EDUCATION ACT OF 1965. 11 11 0 0 0 70803791 46380891 1230095 135150 12128642 179510 84162528 46695551 0 0 0 0 0 81307707 53244846 81307707 53244846 2854821 -6549295 2037770123 1858045121 1930681431 1757505724 107088692 100539397 PROVIDING FUNDS FOR THE PURCHASE OF STUDENT LOANS AT THE POST-SECONDARY LEVEL, AND TO PROVIDE PROCEDURES FOR THE SERVICING OF SUCH LOANS AS REQUIRED FOR CONTINUED PARTICIPATION IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM UNDER THE HIGHER EDUCATION ACT OF 1965. false false 52129289 46380891 PROVIDING FUNDS FOR THE PURCHASE OF STUDENT LOANS AT THE POST-SECONDARY LEVEL, AND TO PROVIDE PROCEDURES FOR THE SERVICING OF SUCH LOANS AS REQUIRED FOR CONTINUED PARTI- CIPATION IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM UNDER THE HIGHER EDUCATION ACT OF 1965. 52129289 true false false false false false false false false true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 1 0 true 0 false false false false false false false false false 11 11 false true false false false true true true true false false true true true true true false true true false X JIMMY PARKER 8063244100 1303 23RD ST CANYON TX 79015 X MICHAEL P RYAN 2.00 X 0 0 0 JON D DRAKE 2.00 X 0 0 0 DR RON MILLER 2.00 X 0 0 0 CAROLYN WATERS 2.00 X 0 0 0 GENE PARKER 2.00 X 0 0 0 LARRY M ALLEY 2.00 X 0 0 0 WOODY GILLILAND 2.00 X 0 0 0 JEFF BROWN 2.00 X 0 0 0 NEAL COMBS 29.00 X 0 192952 30872 JOHN WRIGHT 33.00 X 0 120069 14776 DR RON HINER 2.00 X 0 0 0 DR KENNETH VAN DOREN 2.00 X 0 0 0 TAMMY ROARK 2.00 X 0 0 0 TERRY LANGEHENNIG 29.00 X X 0 281208 33161 594229 78809 4 true true false PPMSC 1303 23RD ST CANYON TX 79015 LOAN/MGT/OPER 20430644 BANC OF AMERICA 213 N TRYON STREET 14TH FLOOR CHARLOTTE NC 28255 BROKER DEALER 484234 WELLS FARGO 625 MARQUETTE 16TH FLOOR MINNEAPOLIS MN 55479 AGENT/TRUST FEE 389243 AVANT STRATEGIC PARTNERS LP 10010 SAN PEDRO STE 520 SAN ANTONIO TX 78216 ARB/EXC INT CAL 190250 CITIGROUP GLOBAL MARKETING INC 388 GREENWICH ST NEW YORK NY 10013 BOND REMARKETIN 154938 6 STUDENT LOAN INTEREST-NET 522299 46380891 46380891 46380891 135150 135150 OTHER INCOME 179510 179510 179510 46695551 46560401 135150 1587306 793653 793653 22867127 22867127 CONSOLIDATION FEES 9081680 9081680 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TAX EXEMPT BONDS 237025386 362900000 STUDENT LOAN FINANCI false true 2003A3 TAX EXEMPT BONDS 237025386 698476DQ8 2003-03-26 44400000 STUDENT LOAN FINANCI false true 2004 A3 A4 TAX EXEMPT BONDS 237025386 698476DU9 2004-02-10 88600000 STUDENT LOAN FINANCI false true 2005 A4 A5 TAX EXEMPT BONDS 237025386 698476DZ8 2005-12-16 140300000 STUDENT LOAN FINANCI false true 2006 A1 TAX EXEMPT BONDS 237025386 698476EB0 2006-04-25 52450000 STUDENT LOAN FINANCI false true 295400000 false false true true 36000000 348976 416408 2003 true false true true 76000000 736728 648888 2004 true false true true 132200000 1281519 898798 2006 false false true true 47850000 463848 494388 2006 false false true true false false false false false true false false false false false true false false false false false true false false false false false true false false false false false true true true false true true false false true true false true VARIOUS true false false true true false true VARIOUS true false false true true false true VARIOUS true false false true true false true VARIOUS true false false 2007 A1 A2 TAX EXEMPT BONDS 237025386 698476EC8 2007-02-28 83525000 STUDENT LOAN FINANCI false true 2003 AB TAX EXEMPT BONDS 237025386 155488BW8 2003-02-13 35000000 STUDENT LOAN FINANCI false true 2004 A TAX EXEMPT BONDS 237025386 155488BY4 2004-02-06 17500000 STUDENT LOAN FINANCI false true 2005 A3 TAX EXEMPT BONDS 237025386 698476DY1 2005-04-21 64775000 STUDENT LOAN FINANCI false true 78325000 759266 677659 2007 true false true true 29500000 713551 475425 2004 true false true true 13650000 330168 347062 2005 true false true true 54225000 1005763 584554 2005 true false true true false false false false false true false false false false false true false false false false false true false false false false false true true true false true VARIOUS true false false true true false true VARIOUS true false false true true false true VARIOUS true false false true true false true VARIOUS true false false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION PROVIDING FUNDS FOR THE PURCHASE OF STUDENT LOANS AT THE POST-SECONDARY LEVEL, AND TO PROVIDE PROCEDURES FOR THE SERVICING OF SUCH LOANS AS REQUIRED FOR CONTINUED PARTICIPATION IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM UNDER THE HIGHER EDUCATION ACT OF 1965. MANAGEMENT DELEGATED FORM 990, PAGE 6, PART VI, LINE 3 PANHANDLE PLAINS HIGHER EDUCATION AUTHORITY (PPHEA)HAS A CONTRACT WITH PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION (PPMSC) TO PROVIDE FOR SERVICING ADMINISTRATION. PPHEA HAS NO EMPLOYEES. THERE ARE TWO ELEMENTS IN THE FEES PAID -- SERVICING FEES AND ADMINISTRATIVE AND MAINTENANCE FEES (M&O). ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A HEREFORD, TEXAS CITY COUNCIL ELECTS AND APPOINTS BOARD MEMBERS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B HEREFORD, TEXAS CITY COUNCIL ELECTS AND APPOINTS BOARD MEMBERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 THE BOARD OF DIRECTORS OF PPHEA 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. . ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEMBERS OF PPHEA ARE REQUIRED TO UPDATE THEIR CONFLICT OF INTEREST STATEMENTS AT THE ANNUAL BOARD OF DIRECTORS MEETING. A RECORD OF THIS IS KEPT IN THE MINUTES OF THE BOARD MEETING. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR AND OTHER PERSONNEL ARE EMPLOYEES OF PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION (PPMSC). THE SALARIES OF THESE INDIVIDUALS ARE ESTABLISHED BY PPMSC. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR AND OTHER PERSONNEL ARE EMPLOYEES OF PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION (PPMSC). THE SALARIES OF THESE INDIVIDUALS ARE ESTABLISHED BY PPMSC. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 PPHEA'S ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. ARTICLES OF INCORPORATION AND PUBLIC DOCUMENTS ARE PUBLIC INFORMATION AND ARE AVAILABLE FROM THE SECRETARY OF STATE. ADDITIONAL INFORMATION SCHEDULE O THE PPHEA BOARD IS DIRECTING MANAGEMENT TO DEVELOP A WRITTEN DOCUMENT RENTENTION AND DESTRUCTION POLICY. SCHEDULE J, LINE 3 - QUESTIONS REGARDING COMPENSATION THE PPHEA BOARD DOES NOT APPROVE COMPENSATION OF THE EXECUTIVE DIRECTOR, BUT IT DOES APPROVE THE MANAGEMENT CONTRACT WITH PANHANDLE-PLAINS MANAGEMENT & SERVICING CORPORATION (PPMSC)WHICH PAYS THE EXECUTIVE DIRECTOR/CEO'S COMPENSATION. PANHANDLE-PLAINS STUDENT FINANCE CORPORATION 1303 23RD STREET CANYON TX 79015 752059556 STUD LOANS TX 501 9 NA N/A PANHANDLE-PLAINS MANAGEMENT AND SERVICE CORPORATION 1303 23RD STREET CANYON TX 79015 752832311 SERV STUD TX NA C CORP false false false false false false false false false false false true true true false false false false PPMSC L 20430644