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MASSACHUSETTS HIGHER EDUCATION CONSORTIUM
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MASSACHUSETTS HIGHER EDUCATION CONSORTIUM
Amherst, MA, US
•
501(c)3
•
EIN
04-2829767
•
WWW.MHEC.NET
•
Management & Technical Assistance
MASSACHUSETTS HIGHER EDUCATION CONSORTIUM
Sign up to claim this org
Amherst, MA, US
•
501(c)3
•
EIN
04-2829767
•
WWW.MHEC.NET
•
Management & Technical Assistance
Overview
Programs
990s
Income Statement
Balance Sheet
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2025
$5,257,240
Program Services
94%
Investments
5%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2025
$4,271,827
Salaries & Benefits
60%
Fees to Service Providers
17%
Offices, Occupancy & IT
11%
Other
9%
Depreciation
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,062,665
$4,952,087
+22%
Membership Dues
$0
$0
-
Investments
$178,921
$266,405
+49%
Other
$120,874
$38,748
-68%
Total Revenues
$4,362,460
$5,257,240
+21%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,275,359
$2,583,886
+14%
Fees to Service Providers
$781,978
$728,938
-7%
Advertising & Promotion
$16,630
$16,296
-2%
Offices, Occupancy & IT
$329,332
$486,562
+48%
Interest
$0
$0
-
Depreciation
$16,138
$51,054
+216%
Other
$392,812
$405,091
+3%
Total Expenses
$3,812,249
$4,271,827
+12%
Net income
2024
2025
Change
Net income
+$550,211
+$985,413
+79%
Functional Expenses
Summary
2024
2025
Change
Program
$2,278,621
$2,584,569
+13%
Admin
$1,533,628
$1,687,258
+10%
Fundraising
$0
$0
-
Total Expenses
$3,812,249
$4,271,827
+12%
Income Statement