BRAZOS HIGHER EDUCATION SERVICE CORPORATION INC
2600 WASHINGTON AVE, WACO, TX 76710 www.studentloans.com

Total Revenue
$9,572,011
Total Expenses
$7,794,180
Net Assets
$71,616,475

Organizations Filed Purposes: TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR AFFILIATED STUDENT LOAN ENTITIES.

ADMINISTRATIVE AND MANAGEMENT SERVICES FOR AFFILIATED NON-PROFIT ENTITIES. AS MASTER SERVICER, BRAZOS HIGHER EDUCATION SERVICE CORPORATION PROVIDED MANAGEMENT SERVICES FOR AFFILIATED ENTITIES. THIS INCLUDED ADMINISTERING OVER 608,000 LOANS WITH OUTSTANDING PRINCIPAL IN EXCESS OF $4 BILLION UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP), HEAL, TERI, AND VARIOUS OTHER ALTERNATIVE LOAN PROGRAMS.

BRAZOS FOUNDATION - BHESC PROVIDES SUPPORT FOR THE BRAZOS EDUCATION FOUNDATION (FOUNDATION) BY UNDERWRITING THE ADMINISTRATIVE EXPENDITURES OF THE FOUNDATION. THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS FOR THE PURPOSE OF ATTENDING POST-SECONDARY OR GRADUATE INSTITUTIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Thomas Ben LitlePRESIDENT/CEO29$663,422
Ricky TurmanEVP/COO/CFO29$558,431
Kelli UttechVP/General Counsel30$308,236
Samuel ReddenSVP/Chief Information Officer39$269,455
Andrew EllisVP/Human Resources39$235,781
Justin GreenFinancial Services Director40$214,820
Tammy HarralsonController/VP30$212,939
Randall LarsonVP/Special Projects39$212,598
Sarah MaccarthyVP/Compliance40$175,761
John M WrightBusiness Analytics Director40$175,198
Darrell BrooksTreasurer30$161,313
Debra UriasVP Customer Relations40$154,781
Milicent LarsonExecutive Dir, Brazos FDN1$149,842
Susan DavisSecretary29$93,561
Vicky SmithAssistant Secretary30$70,002
Dr Joseph F VelezDIRECTOR1$0
John PerryDIRECTOR1$0
Mrs Joyce PackardDIRECTOR1$0
Dr Terry ManessDIRECTOR1$0
Norman L Hay JrDIRECTOR1$0
John HatchelDIRECTOR1$0
Tom ChaseDIRECTOR1$0
Bob ChambersDirector1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100509349300600_public.xml