MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION

MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION

Boston, MA, US
501(c)3
EIN
04-2254705

MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION

Boston, MA, US
501(c)3
EIN
04-2254705

Overview

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Est.

1956

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Massachusetts Higher Education Assistance Corporation (EIN: 04-2254705) is a nonprofit organization dedicated to providing access to and conducting activities in furtherance of higher education. With an operating budget of $94.5 million and total revenue of $153.6 million for the 2024 filing year, the organization relies heavily on significant funding sources, with over 70% of its revenue coming from two unknown funders. For more information, visit their website at www.asa.org.

Mission Statement

PROVIDE ACCESS TO AND CONDUCT ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION.
Revenues

$153.6M

Expenses

$114.9M

Net Income:
+$38.8M
Assets

$1.1B

Liabilities

$127.2M

Net Assets:
+$986.7M
Operating Budget

$94.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$868.1K
Largest grant received
$868.1K
J
Jean Eddy
Board Member
L
Lawrence H Gennari
Board Member
C
Carol Fulp
Board Member

Frequently Asked Questions

What is MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION’s budget?
In 2024, MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION reported an annual operating budget of around $94.5 million. More detailed financial information is available to registered users.
What causes does MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION support?
MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION supports work in Education and Higher education.
Where does MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION operate?
MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION is headquartered in Boston, MA.
Who funded MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION recently?
In 2024, MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION received grants from MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC, MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC, and MASSACHUSETTS EDUCATION & CAREER OPPORTUNITIES INC. More information on this organization’s funders is available to registered users.
What is the largest grant MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION received in 2024?
The largest grant to MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION in 2024 exceeds $868 thousand.
What is MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION’s reliance on government grants?
MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION relied on government grants for less than 5% of their total revenue in 2024.
Overview
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