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Employer Identification Number 74-2129255

BRAZOS HIGHER EDUCATION SERVICE CORPORATION, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:BRAZOS HIGHER EDUCATION SERVICE CORPORATION, INC.
Employer identification number (EIN):74-2129255
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522294
NAIC Description:Secondary Market Financing
401k Pension/Benefits registration BRAZOS HIGHER EDUCATION SERVICE CORPORATION, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR affiliated entities student loan servicing needs.
Number of Employees41
Number of Volunteers8
Year Formed1980

Organization Governance

Legal DomicileTX
Voting Members - Governing Body9
Voting Members - Independent8

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,391,057
Program Service Revenue from current yearUSD $ 9,508,446
Investment Income from prior yearUSD $ 2,955,369
Investment Income from current yearUSD $ 6,791,655
Other Revenue from prior yearUSD $ 285,151
Other Revenue from current yearUSD $ 4,910
Gross receipts from all sourcesUSD $ 16,305,011
Net assets / fund balances at end of fiscal yearUSD $ 202,400,597
Net assets / fund balances at beginning of fiscal yearUSD $ 141,543,722
Total liabilities at end of fiscal yearUSD $ 10,209,963
Total liabilities at beginning of fiscal yearUSD $ 11,180,803
Total assets at end of fiscal yearUSD $ 212,610,560
Total assets at beginning of fiscal yearUSD $ 152,724,525
Revenues less expenses for current yearUSD $ 8,251,125
Revenues less expenses for previous yearUSD $ 5,022,791
Total expenses for current yearUSD $ 8,053,886
Total expenses for previous yearUSD $ 7,608,786
Other expenses in current yearUSD $ 1,233,972
Other expenses in previous yearUSD $ 1,004,819
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,688,664
Employee salary and benefits paid in previous yearUSD $ 6,471,017
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 131,250
Grants and similar amounts paid in previous yearUSD $ 132,950
Total revenue in current fiscal yearUSD $ 16,305,011
Total revenue in previous fiscal yearUSD $ 12,631,577
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 4,910
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,682,596
Program Service Revenue from current yearUSD $ 9,391,057
Investment Income from prior yearUSD $ 2,411,022
Investment Income from current yearUSD $ 2,955,369
Other Revenue from prior yearUSD $ 207,941
Other Revenue from current yearUSD $ 285,151
Gross receipts from all sourcesUSD $ 12,631,577
Net assets / fund balances at end of fiscal yearUSD $ 141,543,722
Net assets / fund balances at beginning of fiscal yearUSD $ 77,224,326
Total liabilities at end of fiscal yearUSD $ 11,180,803
Total liabilities at beginning of fiscal yearUSD $ 13,422,205
Total assets at end of fiscal yearUSD $ 152,724,525
Total assets at beginning of fiscal yearUSD $ 90,646,531
Revenues less expenses for current yearUSD $ 5,022,788
Revenues less expenses for previous yearUSD $ 5,033,814
Total expenses for current yearUSD $ 7,608,789
Total expenses for previous yearUSD $ 8,267,745
Other expenses in current yearUSD $ 1,004,822
Other expenses in previous yearUSD $ 1,489,959
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,471,017
Employee salary and benefits paid in previous yearUSD $ 6,647,996
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 132,950
Grants and similar amounts paid in previous yearUSD $ 129,790
Total revenue in current fiscal yearUSD $ 12,631,577
Total revenue in previous fiscal yearUSD $ 13,301,559
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 285,151
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 8,111,770
Program Service Revenue from current yearUSD $ 10,682,596
Investment Income from prior yearUSD $ 1,299,323
Investment Income from current yearUSD $ 2,411,022
Other Revenue from prior yearUSD $ 160,918
Other Revenue from current yearUSD $ 207,941
Gross receipts from all sourcesUSD $ 13,639,401
Net assets / fund balances at end of fiscal yearUSD $ 77,224,326
Net assets / fund balances at beginning of fiscal yearUSD $ 71,616,475
Total liabilities at end of fiscal yearUSD $ 13,422,205
Total liabilities at beginning of fiscal yearUSD $ 12,575,468
Total assets at end of fiscal yearUSD $ 90,646,531
Total assets at beginning of fiscal yearUSD $ 84,191,943
Revenues less expenses for current yearUSD $ 5,033,814
Revenues less expenses for previous yearUSD $ 1,777,831
Total expenses for current yearUSD $ 8,267,745
Total expenses for previous yearUSD $ 7,794,180
Other expenses in current yearUSD $ 1,489,959
Other expenses in previous yearUSD $ 1,050,770
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,647,996
Employee salary and benefits paid in previous yearUSD $ 6,587,804
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 129,790
Grants and similar amounts paid in previous yearUSD $ 155,606
Total revenue in current fiscal yearUSD $ 13,301,559
Total revenue in previous fiscal yearUSD $ 9,572,011
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 207,941
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 8,974,068
Program Service Revenue from current yearUSD $ 8,111,770
Investment Income from prior yearUSD $ 1,567,565
Investment Income from current yearUSD $ 1,299,323
Other Revenue from prior yearUSD $ 20,808
Other Revenue from current yearUSD $ 160,918
Gross receipts from all sourcesUSD $ 9,624,772
Net assets / fund balances at end of fiscal yearUSD $ 71,616,475
Net assets / fund balances at beginning of fiscal yearUSD $ 65,459,963
Total liabilities at end of fiscal yearUSD $ 12,575,468
Total liabilities at beginning of fiscal yearUSD $ 12,957,658
Total assets at end of fiscal yearUSD $ 84,191,943
Total assets at beginning of fiscal yearUSD $ 78,417,621
Revenues less expenses for current yearUSD $ 1,777,831
Revenues less expenses for previous yearUSD $ 2,551,008
Total expenses for current yearUSD $ 7,794,180
Total expenses for previous yearUSD $ 8,011,433
Other expenses in current yearUSD $ 1,050,770
Other expenses in previous yearUSD $ 1,062,883
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,587,804
Employee salary and benefits paid in previous yearUSD $ 6,803,323
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 155,606
Grants and similar amounts paid in previous yearUSD $ 145,227
Total revenue in current fiscal yearUSD $ 9,572,011
Total revenue in previous fiscal yearUSD $ 10,562,441
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 160,788
2019-06-30
Total unrelated business incomeUSD $ 179,836
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,479,569
Program Service Revenue from current yearUSD $ 8,974,068
Investment Income from prior yearUSD $ 1,226,806
Investment Income from current yearUSD $ 1,567,565
Other Revenue from prior yearUSD $ 637,507
Other Revenue from current yearUSD $ 20,808
Gross receipts from all sourcesUSD $ 10,562,441
Net assets / fund balances at end of fiscal yearUSD $ 65,459,963
Net assets / fund balances at beginning of fiscal yearUSD $ 59,899,741
Total liabilities at end of fiscal yearUSD $ 12,957,658
Total liabilities at beginning of fiscal yearUSD $ 15,571,027
Total assets at end of fiscal yearUSD $ 78,417,621
Total assets at beginning of fiscal yearUSD $ 75,470,768
Revenues less expenses for current yearUSD $ 2,551,008
Revenues less expenses for previous yearUSD $ 2,635,641
Total expenses for current yearUSD $ 8,011,433
Total expenses for previous yearUSD $ 8,708,241
Other expenses in current yearUSD $ 1,062,883
Other expenses in previous yearUSD $ 1,510,424
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,803,323
Employee salary and benefits paid in previous yearUSD $ 7,048,856
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 145,227
Grants and similar amounts paid in previous yearUSD $ 148,961
Total revenue in current fiscal yearUSD $ 10,562,441
Total revenue in previous fiscal yearUSD $ 11,343,882
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 20,443
2018-06-30
Total unrelated business incomeUSD $ 237,868
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,894,931
Program Service Revenue from current yearUSD $ 9,479,569
Investment Income from prior yearUSD $ 2,307,404
Investment Income from current yearUSD $ 1,226,806
Other Revenue from prior yearUSD $ 1,115,475
Other Revenue from current yearUSD $ 637,507
Gross receipts from all sourcesUSD $ 13,345,563
Net assets / fund balances at end of fiscal yearUSD $ 59,899,741
Net assets / fund balances at beginning of fiscal yearUSD $ 55,996,178
Total liabilities at end of fiscal yearUSD $ 15,571,027
Total liabilities at beginning of fiscal yearUSD $ 18,849,555
Total assets at end of fiscal yearUSD $ 75,470,768
Total assets at beginning of fiscal yearUSD $ 74,845,733
Revenues less expenses for current yearUSD $ 2,635,641
Revenues less expenses for previous yearUSD $ 1,854,025
Total expenses for current yearUSD $ 8,708,241
Total expenses for previous yearUSD $ 12,463,785
Other expenses in current yearUSD $ 1,510,424
Other expenses in previous yearUSD $ 5,302,933
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,048,856
Employee salary and benefits paid in previous yearUSD $ 6,947,128
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 148,961
Grants and similar amounts paid in previous yearUSD $ 213,724
Total revenue in current fiscal yearUSD $ 11,343,882
Total revenue in previous fiscal yearUSD $ 14,317,810
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 636,266
2017-06-30
Total unrelated business incomeUSD $ 260,497
Net unrelated business incomeUSD $ -1,323,317
Program Service Revenue from prior yearUSD $ 11,897,360
Program Service Revenue from current yearUSD $ 10,894,931
Investment Income from prior yearUSD $ 2,373,598
Investment Income from current yearUSD $ 2,307,404
Other Revenue from prior yearUSD $ 190,516
Other Revenue from current yearUSD $ 1,115,475
Gross receipts from all sourcesUSD $ 14,438,050
Net assets / fund balances at end of fiscal yearUSD $ 55,996,178
Net assets / fund balances at beginning of fiscal yearUSD $ 52,117,068
Total liabilities at end of fiscal yearUSD $ 18,849,555
Total liabilities at beginning of fiscal yearUSD $ 5,612,169
Total assets at end of fiscal yearUSD $ 74,845,733
Total assets at beginning of fiscal yearUSD $ 57,729,237
Revenues less expenses for current yearUSD $ 1,854,025
Revenues less expenses for previous yearUSD $ 1,733,174
Total expenses for current yearUSD $ 12,463,785
Total expenses for previous yearUSD $ 12,728,300
Other expenses in current yearUSD $ 5,302,933
Other expenses in previous yearUSD $ 5,065,340
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,947,128
Employee salary and benefits paid in previous yearUSD $ 7,498,659
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 213,724
Grants and similar amounts paid in previous yearUSD $ 164,301
Total revenue in current fiscal yearUSD $ 14,317,810
Total revenue in previous fiscal yearUSD $ 14,461,474
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 1,076,533
2016-06-30
Total unrelated business incomeUSD $ 237,880
Net unrelated business incomeUSD $ -1,969,534
Program Service Revenue from prior yearUSD $ 13,365,640
Program Service Revenue from current yearUSD $ 11,897,360
Investment Income from prior yearUSD $ 751,557
Investment Income from current yearUSD $ 2,373,598
Other Revenue from prior yearUSD $ 159,272
Other Revenue from current yearUSD $ 190,516
Gross receipts from all sourcesUSD $ 19,158,666
Net assets / fund balances at end of fiscal yearUSD $ 52,117,068
Net assets / fund balances at beginning of fiscal yearUSD $ 46,476,064
Total liabilities at end of fiscal yearUSD $ 5,612,169
Total liabilities at beginning of fiscal yearUSD $ 4,957,181
Total assets at end of fiscal yearUSD $ 57,729,237
Total assets at beginning of fiscal yearUSD $ 51,433,245
Revenues less expenses for current yearUSD $ 1,733,174
Revenues less expenses for previous yearUSD $ 1,082,529
Total expenses for current yearUSD $ 12,728,300
Total expenses for previous yearUSD $ 13,193,940
Other expenses in current yearUSD $ 5,065,340
Other expenses in previous yearUSD $ 3,569,007
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,498,659
Employee salary and benefits paid in previous yearUSD $ 9,460,239
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 164,301
Grants and similar amounts paid in previous yearUSD $ 164,694
Total revenue in current fiscal yearUSD $ 14,461,474
Total revenue in previous fiscal yearUSD $ 14,276,469
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 125,701
2015-06-30
Total unrelated business incomeUSD $ 508,704
Net unrelated business incomeUSD $ -80,077
Program Service Revenue from prior yearUSD $ 15,206,877
Program Service Revenue from current yearUSD $ 13,365,640
Investment Income from prior yearUSD $ -6,643,823
Investment Income from current yearUSD $ 751,557
Other Revenue from prior yearUSD $ 166,616
Other Revenue from current yearUSD $ 159,272
Gross receipts from all sourcesUSD $ 15,672,714
Net assets / fund balances at end of fiscal yearUSD $ 46,476,064
Net assets / fund balances at beginning of fiscal yearUSD $ 44,192,469
Total liabilities at end of fiscal yearUSD $ 4,957,181
Total liabilities at beginning of fiscal yearUSD $ 6,415,390
Total assets at end of fiscal yearUSD $ 51,433,245
Total assets at beginning of fiscal yearUSD $ 50,607,859
Revenues less expenses for current yearUSD $ 1,082,529
Revenues less expenses for previous yearUSD $ -6,321,048
Total expenses for current yearUSD $ 13,193,940
Total expenses for previous yearUSD $ 15,050,718
Other expenses in current yearUSD $ 3,569,007
Other expenses in previous yearUSD $ 4,652,341
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,460,239
Employee salary and benefits paid in previous yearUSD $ 10,259,217
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 164,694
Grants and similar amounts paid in previous yearUSD $ 139,160
Total revenue in current fiscal yearUSD $ 14,276,469
Total revenue in previous fiscal yearUSD $ 8,729,670
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 136,819

Other Company Names associated with EIN

BRAZOS HIGHER EDUCATION SERVICE CORPORATION
Brazos Higher Education Service

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 742129255

USA Location Address
2600 WASHINGTON AVE.
WACO
TX
76710
Date first seen: 2007-01-01
Date last seen: 2024-02-29
USA Mailing Address
2600 WASHINGTON AVENUE
WACO
TX
767107449
Date first seen: 2010-05-27
Date last seen: 2014-10-15
USA Mailing Address
P O BOX 1308
WACO
TX
76703
Date first seen: 2007-01-01
Date last seen: 2023-12-31
USA Mailing Address
5609 Crosslake Pkwy
Waco
TX
76712
Date first seen: 2007-01-01
Date last seen: 2024-04-30
USA Location Address
5609 CROSSLAKE PKWY
WACO
TX
767125500
Date first seen: 2022-06-30
Date last seen: 2023-08-02

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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