Organizations Filed Purposes:
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 COMMUNITY GRANTS, DUAL ENROLLMENT SUPPORT, STUDENT SERVICES, NETWORK SUPPORT AND OUTREACH.
DEDICATED TO HELPING MONTANA CITIZENS FINANCE AND STRATEGICALLY PURSUE EDUCATIONAL OPPORTUNITIES.
ACQUISITION AND SERVICING OF GUARANTEED STUDENT LOANS AS A SECONDARY STUDENT LOAN MARKET FOR THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP). BENEFITS PROVIDED TO BORROWERS THROUGH REBATE, INCENTIVE, AND RATE REDUCTION PROGRAMS TOTALED $655 THOUSAND FOR 9,720 BORROWERS IN FISCAL YEAR 2020. $53 MILLION IN BENEFITS HAVE BEEN PROVIDED TO BORROWERS SINCE INCEPTION OF BORROWER BENEFIT PROGRAMS IN 1996. SINCE INCEPTION, MHESAC HAS PROVIDED MORE THAN $3.7 BILLION IN STUDENT LOANS TO OVER 241,000 BORROWERS.
REACH HIGHER MONTANA PROVIDES FINANCIAL AND IN-KIND SUPPORT ACCROSS THE STATE, INCLUDING MONTANA COLLEGE ACCESS NETWORK, COMMUNITY GRANTS TO THE COMMUNITIES OF HARDIN AND ALBERTON, AND SPONSORSHIP OF A VARIETY OF PROGRAMS.
REACH HIGHER MONTANA OUTREACH STAFF SERVED 7,153 MONTANA STUDENTS THROUGH COLLEGE AND CAREER OUTREACH, SCHOLARSHIP WORKSHOPS, SERVICES FOR YOUTH IN FOSTER CARE, DUAL ENROLLMENT AND CAREER FAIRS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Shannon Stober | DIRECTOR-VICE CHAIR | 1 | $1,800 |
| George S Olsen | DIRECTOR&OFFICER-SECRETARY/TREASURER | 3 | $1,800 |
| Michael Green | DIRECTOR-CHAIR & OFFICER-PRESIDENT | 3 | $1,800 |
| Terry Cosgrove | DIRECTOR MHESAC,DIRECTOR SAF | 1 | $1,800 |
| Kim Cunningham | DIRECTOR MHESAC,DIRECTOR-CHAIR SAF | 1 | $1,800 |
| Wendy Wigert | DIRECTOR | 1 | $1,650 |
| Brianne Rogers | DIRECTOR | 1 | $1,650 |
| Ron Muffick | OFFICER VICE-PRESIDENT | 1 | $0 |
| Clayton Christian | EX OFFICIO DIRECTOR | 1 | $0 |
| Kelly Cresswell | EXECUTIVE DIR MHESAC,VICE PRES SAF | 40 | $0 |
| Jolene Selby | CFO MHESAC,VICE PRESIDENT SAF | 15 | $0 |
| Scott Todorovich | CEO MHESAC,PRESIDENT/CEO SAF | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202012969349301246_public.xml