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Filing year 2023

MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION

Helena, Montana·EIN 81-0393527·NTEE B82 · Education·501(c)(3)
Total revenue
$24.5M
Total assets
$320.6M
Total expenses
$27.5M
Reported officers
12
Mission

MHESAC OFFERS BORROWER BENEFITS IN THE FORM OF PRINCIPAL AND INTEREST RATE REDUCTIONS TO EXISTING STUDENT LOAN BORROWERS. ITS REACH HIGHER MONTANA (RHM) PROGRAMS CORE AREAS OF FOCUS ARE DUAL ENROLLMENT SUPPORT, STUDENT SERVICES, NETWORK SUPPORT AND OUTREACH.

Executive compensation

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Exec Dir Mhesac, VP Saf
Vice President
10th to 25th percentile
$36k
$39k
CFO Mhesac, VP Saf
10th to 25th percentile
$34k
$37k
CEO Mhesac, Pres/ceo Saf
10th to 25th percentilevs Education peers in Montana
$29k
$32k
Director
Board Member
Below 10th percentile
$2k
$2k
Dir Mhesac, Dir Saf
Board Member
Below 10th percentile
$2k
$2k
Dir Mhesac, Dir-board Chair Saf
Board Chair
Below 10th percentile
$2k
$2k
Director - Vice Chair
Board Chair
Below 10th percentile
$2k
$2k
Dir-chair & Off-pres
Officer (Unspecified)
$2k
$2k
Dir & Off-sec/treas
Officer (Unspecified)
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
SALISH KOOTENAI COLLEGE INC2023
$143k
2
MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION2023
$36k
Compare compensation across all Education organizations
FAQ

Common questions about MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION

What does the Vice President of MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION earn?

In 2023, the Vice President of MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION received $36,080 in total compensation. This pay is in the bottom quarter for Vice President roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Vice President at MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

What are MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION's revenue and expenses?

In 2023, MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION reported $24.5M in total revenue and $27.5M in total expenses on its IRS Form 990.

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