THE EDUCATION RESOURCES INSTITUTE INC

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Cite this

Plain text THE EDUCATION RESOURCES INSTITUTE INC. furp.org, nonprofit organization profile, tax years 2009–2010. https://furp.org/org/the-education-resources-institute-inc-042875329. Retrieved 2026-11-08.

APA furp.org. (n.d.). THE EDUCATION RESOURCES INSTITUTE INC [Nonprofit organization profile; tax years 2009–2010]. Retrieved November 8, 2026, from https://furp.org/org/the-education-resources-institute-inc-042875329

MLA “THE EDUCATION RESOURCES INSTITUTE INC.” furp.org, tax years 2009–2010, https://furp.org/org/the-education-resources-institute-inc-042875329. Accessed 8 Nov. 2026.

Retrieved 2026-11-08; covers tax years 2009–2010. Data: furp.org (index © the FURP Alliance; the records are public domain).

2010 · Form 990 · revenue $48.1M · expenses $24.4M · assets $12.4M

EIN
04-2875329
Address
31 Saint James Avenue Suite 950, Boston, MA 02116
Website
www.teri.org
NTEE code
B82 Scholarships, Student Financial Aid Services, Awards (Education) inferred (by a small language model from the name and 990 text, confidence 0.75; not an IRS classification)
Exempt type
-
Ruling date
-
Cross-check
ProPublica Nonprofit Explorer

Mission

TERI's principal purpose is to promote programs that provide support for financing and other intiatives to assist students and their families in obtaining greater access to educational opportunities and acheive their educational goals.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

17 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Willis Hulings III President, CEO and Director2009-2010 $482,741$932,957 1
William G Davidson SVP and CFO2009-2010 $338,396$619,579 2
Amy Bizar SVP and General Counsel (resigned as of 6/2/2011)2009-2010 $238,429$479,543 2
Michael Gambee Director of Loan Programs2009-2010 $211,737$420,353 1
Alan Blair Director of Collections2009-2010 $209,445$419,939 1
Eileen Morris Controller2009-2010 $209,850$416,314 1
Jane Dixon VP Administration2009-2010 $170,545$342,896 1
Sheryl Asnes Treasury Manager2009-2010 $139,032$266,947 1
Samuel Corrigan Collections Manager2009-2010 $134,918$263,230 1
Kristi Pierce VP, College Access2009-2010 $106,627$217,693 1
Sherry Penney Director2009-2010 $36,350$66,350 2
Edward Piana Director (resigned as of 5/18/2011)2009-2010 $32,550$55,550 2
Howard Jacobson Director2009-2010 $34,100$55,100 2
Barbara Tornow Director2009-2010 $27,550$50,050 2
Sylvia Simmons Director2009-2010 $28,400$48,400 1
Neal Finnegan Director2009-2010 $23,750$39,250 1
Grace Fey Director2009-2010 $22,150$38,150 1

People by year

2010 · 17 people listed · 17 paid, $2.4M · 66 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Willis Hulings III President, CEO and Director37 $457,242$0$25,499 $482,7411
William G Davidson SVP and CFO37 $319,625$0$18,771 $338,3962
Amy Bizar SVP and General Counsel (resigned as of 6/2/2011)37 $230,355$0$8,074 $238,4292
Michael Gambee Director of Loan Programs37 $194,005$0$17,732 $211,7371
Eileen Morris Controller37 $191,433$0$18,417 $209,8501
Alan Blair Director of Collections37 $191,005$0$18,440 $209,4451
Jane Dixon VP Administration37 $157,855$0$12,690 $170,5451
Sheryl Asnes Treasury Manager37 $121,230$0$17,802 $139,0321
Samuel Corrigan Collections Manager37 $126,992$0$7,926 $134,9181
Kristi Pierce VP, College Access37 $99,636$0$6,991 $106,6271
Sherry Penney Director7 $34,350$2,000$0 $36,3502
Howard Jacobson Director7 $32,100$2,000$0 $34,1002
Edward Piana Director (resigned as of 5/18/2011)7 $30,550$2,000$0 $32,5502
Sylvia Simmons Director7 $28,400$0$0 $28,4001
Barbara Tornow Director7 $26,550$1,000$0 $27,5502
Neal Finnegan Director7 $23,750$0$0 $23,7501
Grace Fey Director7 $22,150$0$0 $22,1501
2009 · 17 people listed · 17 paid, $2.3M · 83 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Willis Hulings III President, CEO and Director37 $411,250$0$38,966 $450,2161
William G Davidson SVP and CFO37 $263,702$0$17,481 $281,1832
Amy Bizar SVP and General Counsel37 $233,804$0$7,310 $241,1142
Alan Blair Director of Collections37 $193,453$0$17,041 $210,4941
Michael Gambee Director of Loan Programs37 $191,552$0$17,064 $208,6161
Eileen Morris Controller37 $189,441$0$17,023 $206,4641
Jane Dixon VP Administration37 $160,746$0$11,605 $172,3511
Samuel Corrigan Collections Manager37 $121,559$0$6,753 $128,3121
Sheryl Asnes Treasury Manager37 $111,685$0$16,230 $127,9151
Kristi Pierce Director of College Access37 $96,106$0$14,960 $111,0661
Sherry Penney Director7 $29,000$1,000$0 $30,0002
Edward Piana Director7 $22,000$1,000$0 $23,0002
Barbara Tornow Director7 $21,500$1,000$0 $22,5002
Howard Jacobson Director7 $20,000$1,000$0 $21,0002
Sylvia Simmons Director7 $20,000$0$0 $20,0001
Grace Fey Director7 $16,000$0$0 $16,0001
Neal Finnegan Director7 $15,500$0$0 $15,5001

Highest-paid independent contractors

2010 · 5 contractors · $5.4M
NameLocationServicePaid
Goodwin Procter LLPBoston, MALegal Counsel$1,973,366
Grant Thornton LLPNew York, NYFinancial Advisor$1,062,565
First Marblehead Eduation Resources IncBoston, MACollection Management$930,397
Duane Morris LLPBoston, MALegal Counsel$764,445
FTI ConsultingNew York, NYBankruptcy Financial Advisor$714,087
2009 · 5 contractors · $7.3M
NameLocationServicePaid
Goodwin Procter LLPBoston, MALegal Counsel$2,239,478
VanRu Credit CorporationLes Plaines, ILCollection Agency$1,433,619
Grant Thornton LLPNew York, NYFinancial Advisor$1,382,322
Posternak BlanksteinBoston, MALegal Counsel$1,128,641
FTI ConsultingNew York, NYFinancial Advisor$1,095,376

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2010 · Form 990 period ending 2011-06-30 · view filing · original 990 ↗
$48,148,236$24,435,274 $12,445,451$10,858,523 $1,723,361$2,829,895 $1,417,292660
2009 · Form 990 period ending 2010-06-30 · view filing · original 990 ↗
$11,565,300$25,833,643 $678,219,490-$11,387,417 $1,545,196$6,158,981 $1,524,169830

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

2 grantors reported grants to this organization, $1,177,289 in all, tax years 2009 to 2020. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTotal givenGrantsLatest year's amountLatest yearYears givenTypeMatchGrants
MASSACHUESETTS EDUCATION AND CAREER OPPORTUNTIES INC $937,2896 $26,2822020 2011, 2016-2020 Public charity Exact
show
BOSTON FOUNDATION INC $240,0002 $90,0002010 2009-2010 DAF sponsor Exact
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (41)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
MEDICAL EDUCATION RESOURCES INCCONot reported $30,677,081$31,565,849 Board Member$0 Similar name, revenue within 2x
EDUCATIONAL RESOURCES INCOHNot reported $16,277,499$11,281,469 HEAD OF SCHOOL$346,260 Similar name, revenue within 5x
RESOURCE INSTITUTE INCNCC05 $7,720,599$6,429,451 CHAIRMAN$141,000 Similar name, revenue within 10x
EDUCATION NEXT INSTITUTE INCMANot reported $105,117$239,998 PRESIDENT$43,333 Similar name, revenue differs more than 10x, same state
EDUCATION BRIDGE INSTITUTE INCMAB99 $120,140$113,232 PRESIDENT$0 Similar name, revenue differs more than 10x, same state
EZWON EDUCATIONAL INSTITUTE INCNYB90 $13,705$13,477 PRESIDENT$0 Similar name, revenue differs more than 10x
EARTH RESOURCES INNOVATION INSTITUTE INCCOB90 $747,324$217,283 Executive Director$50,000 Similar name, revenue differs more than 10x
EDUCATION & TRAINING INSTITUTE INCNJB60 $978,715$1,110,509 BOARD MEMBER$0 Similar name, revenue differs more than 10x
BEREAN EDUCATION RESOURCES INCLAB20 $92,311$58,009 Treasurer$1,600 Similar name, revenue differs more than 10x
SUNN EDUCATIONAL RESOURCES INCNJNot reported $219,799$251,799 PRESIDENT$0 Similar name, revenue differs more than 10x
IKON EDUCATION INSTITUTEWANot reported $272,929$261,342 Secretary$0 Similar name, revenue differs more than 10x
PARDES EDUCATIONAL RESOURCES INCFLB12 $164,600$346,793 Secretary$0 Similar name, revenue differs more than 10x
RESOURCE INNOVATION INSTITUTEORC30 $1,063,517$1,260,566 EXECUTIVE DIRECTOR$170,385 Similar name, revenue differs more than 10x
HEALTH EDUCATION RESOURCES INCTNE70 $29,014$27,860 SECRETARY$6,000 Similar name, revenue differs more than 10x
CREATIVE EDUCATION INSTITUTE INCOHB99 $13,874$20,517 SECRETARY$0 Similar name, revenue differs more than 10x
HOSPICE EDUCATION INSTITUTE INCMENot reported $448,619$3,352,285 SECY./DIRECT$118,860 Similar name, revenue differs more than 10x
INSTITUTE FOR EDUCATIONDCE20 $139,620$176,882 CEO$0 Similar name, revenue differs more than 10x
EDUCATION EXCHANGE INSTITUTE INCFLB99 $60$1,220 SECRETARY$0 Similar name, revenue differs more than 10x
QUALITY EDUCATION INSTITUTE INCNCNot reported $865,723$1,218,993 CEO of School$104,735 Similar name, revenue differs more than 10x
Childcare Education Resources IncALNot reported $762,521$768,318 EXEC DIRECTOR$75,711 Similar name, revenue differs more than 10x
MSLBA EDUCATIONAL RESOURCES INCMDI99 $21,327$19,951 EXECUTIVE DIRECTOR$0 Similar name, revenue differs more than 10x
THE PEOPLES LOBBY EDUCATION INSTITUTEILW99 $957,457$860,329 EXECUTIVE DIRECTOR$99,729 Similar name, revenue differs more than 10x
The Energy and Resources InstituteDCNot reported $54,873$57,018 Director$0 Similar name, revenue differs more than 10x
THE INSTITUTE FOR DIVERSE EDUCATIONMSNot reported $11,316$4,920 PRESIDENT$0 Similar name, revenue differs more than 10x
LEGACY EDUCATIONAL RESOURCES INCGANot reported $21,071$21,771 PRESIDENT$18,350 Similar name, revenue differs more than 10x

Who funds organizations like this

Grantors that funded the 41 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
THE TEPPER FOUNDATION $5,797,42510 1Private foundation2011–2020 BETTER EDUCATION INSTITUTE INC
DAYTON FOUNDATION $3,970,50814 1DAF sponsor2009–2024 EDUCATIONAL RESOURCES INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND $3,005,88319 6DAF sponsor2016–2024 IKON EDUCATION INSTITUTE; EDUCATIONAL RESOURCES INC; PARDES EDUCATIONAL RESOURCES INC; INSTITUTE FOR EDUCATION and 2 more
DAYTON FOUNDATION DEPOSITORY $1,174,14715 1DAF sponsor2009–2024 EDUCATIONAL RESOURCES INC
ALAN P FOURNIER FAMILY FOUNDATION $960,0258 1Private foundation2012–2020 BETTER EDUCATION INSTITUTE INC
RAYMOND JAMES CHARITABLE ENDOWMENT FUND $731,0005 1DAF sponsor2020–2024 EDUCATIONAL RESOURCES INC
SILICON VALLEY COMMUNITY FOUNDATION $670,0005 3DAF sponsor2017–2021 THE PEOPLES LOBBY EDUCATION INSTITUTE; INSTITUTE FOR EDUCATION; IKON EDUCATION INSTITUTE
LOVETT AND RUTH PETERS FOUNDATIONINC $225,0003 1Private foundation2020–2023 EDUCATION NEXT INSTITUTE INC
GREENE COUNTY COMMUNITY FOUNDATION $195,0854 1DAF sponsor2016–2019 EDUCATIONAL RESOURCES INC
AMERICAN ONLINE GIVING FOUNDATION INC $176,3827 2DAF sponsor2020–2025 IKON EDUCATION INSTITUTE; EDUCATIONAL RESOURCES INC
CROSSROADS FUND $153,0005 1DAF sponsor2020–2024 THE PEOPLES LOBBY EDUCATION INSTITUTE
WIEBOLDT FOUNDATION $125,0006 1Private foundation2019–2024 THE PEOPLES LOBBY EDUCATION INSTITUTE
DONOR ADVISED CHARITABLE GIVING $113,1007 2DAF sponsor2014–2024 EDUCATIONAL RESOURCES INC; EDUCATION NEXT INSTITUTE INC
GERALDINE R DODGE FOUNDATION INCORPORATED $105,0002 1Private foundation2024–2024 EDUCATION & TRAINING INSTITUTE INC
ROBERT WOOD JOHNSON FOUNDATION $100,7504 1Private foundation2012–2021 EDUCATION & TRAINING INSTITUTE INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2010 · Form 990 · $24,435,274 spent · pay $5,318,984 · grants $0 · events $13,347
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $16,861,577$16,163,993$697,584- 69.0%
Pay: disqualified persons $2,644,181$2,184,554$433,098$26,529 10.8%
Pay: officers, directors, trustees, key employees $1,417,292-$1,417,292- 5.8%
Fees: legal $728,279$170,358$557,921- 3.0%
Pension plan contributions $522,637$294,252$224,251$4,134 2.1%
Occupancy $471,447$145,903$325,544- 1.9%
Other employee benefits $453,356$314,479$137,191$1,686 1.9%
Payroll taxes $281,518$184,817$94,849$1,852 1.2%
Office expenses $241,744$151,512$89,784$448 1.0%
Fees: accounting $193,586-$193,586- 0.8%
Depreciation and depletion $193,229$150,734$42,495- 0.8%
Travel $107,980$69,807$37,388$785 0.4%
Information technology $94,813$64,426$30,387- 0.4%
Insurance $87,696-$87,696- 0.4%
Other (as described)All Other Expense $83,646$182,097-$106,001$7,550 0.3%
Other (as described)Summer Room & Board $62,657$62,657$0$0 0.3%
Other (as described)School Visits $47,366$47,366$0$0 0.2%
Conferences, conventions and meetings $13,347$9,034$4,313- 0.1%
Advertising and promotion $7,529$7,529-- 0.0%
Other (as described)Provision for Loan Loss -$78,606-$78,606$0$0 -0.3%
Total$24,435,274100%

View the filing

2009 · Form 990 · $25,833,643 spent · pay $6,355,118 · grants $0 · events $12,666
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $10,055,401$5,016,893$5,038,508- 38.9%
Fees: legal $3,165,195$688,191$2,477,004- 12.3%
Pay: disqualified persons $3,098,497$1,957,690$1,140,807- 12.0%
Other (as described)Provision for Loan Loss $2,975,835$2,975,835$0$0 11.5%
Pay: officers, directors, trustees, key employees $1,524,169-$1,524,169- 5.9%
Other (as described)Chapter 11 Settlements (Loss) $1,257,737$1,257,737$0$0 4.9%
Pension plan contributions $934,991$411,174$523,817- 3.6%
Other employee benefits $482,079$331,793$150,286- 1.9%
Occupancy $473,475$322,753$150,722- 1.8%
Fees: accounting $353,106-$353,106- 1.4%
Payroll taxes $315,382$170,500$144,882- 1.2%
Office expenses $263,473$185,450$78,023- 1.0%
Depreciation and depletion $211,677$136,638$75,039- 0.8%
Information technology $163,015$127,494$35,521- 0.6%
Insurance $151,497-$151,497- 0.6%
Other (as described)Miscellaneous Expense $122,827$106,281$16,546$0 0.5%
Travel $103,494$53,931$49,563- 0.4%
Other (as described)All Other Expenses $76,113$69,179$6,934$0 0.3%
Other (as described)Dues and Subscriptions $57,375$46,041$11,334$0 0.2%
Advertising and promotion $35,639$14,837$20,802- 0.1%
Conferences, conventions and meetings $12,666$6,431$6,235- 0.0%
Total$25,833,643100%

View the filing

Federal grants and contracts

Awards from USAspending.gov to a recipient with this organization's name and zip code. Obligations by federal fiscal year (October to September); each award links to its page on usaspending.gov.

Fiscal yearGrants and other assistanceContractsAwards
2012$0$02
2011$706,863$04
2010$1,017,272$04
2009$790,672$03
2008$791,472$03
2007$790,672$03
Largest awards · 17 shown
YearAgencyKindProgramDescriptionObligated
2011Department of EducationGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$258,602
2011Department of EducationGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$179,352
2011Department of EducationGrant or other assistanceTRIO_EDUCATIONAL OPPORTUNITY CENTERS 84.066EDUCATIONAL OPPORTUNITY CENTERS PROGRAM$176,640
2011Department of EducationGrant or other assistanceTRIO_UPWARD BOUND 84.047UPWARD BOUND PROGRAM$92,269
2010Department of EducationGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$314,072
2010Office of Higher Education ProgramsGrant or other assistanceTRIO_UPWARD BOUND 84.047UPWARD BOUND PROGRAM$250,000
2010Office of Higher Education ProgramsGrant or other assistanceTRIO_TALENT SEARCH 84.044TRIO - TALENT SEARCH - TALENT SEARCH PROGRAM$226,600
2010Office of Higher Education ProgramsGrant or other assistanceTRIO_EDUCATIONAL OPPORTUNITY CENTERS 84.066EDUCATIONAL OPPORTUNITY CENTERS PROGRAM$226,600
2009Office of Higher Education ProgramsGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$314,072
2009Office of Higher Education ProgramsGrant or other assistanceTRIO_UPWARD BOUND 84.047UPWARD BOUND PROGRAM$250,000
2009Office of Higher Education ProgramsGrant or other assistanceTRIO_EDUCATIONAL OPPORTUNITY CENTERS 84.066EDUCATIONAL OPPORTUNITY CENTERS PROGRAM$226,600
2008Department of EducationGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$314,072
2008Office of Higher Education ProgramsGrant or other assistanceTRIO_UPWARD BOUND 84.047UPWARD BOUND PROGRAM$250,800
2008Office of Higher Education ProgramsGrant or other assistanceTRIO_EDUCATIONAL OPPORTUNITY CENTERS 84.066EDUCATIONAL OPPORTUNITY CENTERS PROGRAM$226,600
2007Office of Higher Education ProgramsGrant or other assistanceTRIO_TALENT SEARCH 84.044TALENT SEARCH PROGRAM$314,072
2007Department of EducationGrant or other assistanceTRIO_UPWARD BOUND 84.047UPWARD BOUND PROGRAM$250,000
2007Office of Higher Education ProgramsGrant or other assistanceTRIO_EDUCATIONAL OPPORTUNITY CENTERS 84.066EDUCATIONAL OPPORTUNITY CENTERS PROGRAM$226,600

State business registration

The same business name in the same state, from the state’s official registry data.

Trademarks

2 US trademarks, 0 live.

MarkSerialFiledStatusSource
(design)774012602008-02-20Registration cancelledTRCFECO2, file of 2024-03-27
(design)773937682008-02-11Registration cancelledTRCFECO2, file of 2024-03-27

The newest marks of the trademark owners above, matched to this record by name (and state).

Also on this site Fuzzy

RecordName as filedWhereDatasetMatched by
Plan sponsorTHE EDUCATION RESOURCES INSTITUTE, INC.MAForm 5500 (employee benefit plans)EIN (EXACT)

Matched by name (and state) or EIN only; a shared name is not proof of the same person or organization.

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