Program areas at ASA
Massachusetts Higher Education Assistance Corporation (mheac) relieves the burdens of government and assists students and parents in successfully completing a program of Higher Education by continuing to act as a guarantor of Student loans made by lenders, in connection with the federal Higher Education act of 1965. In addition, mheac engages in a variety of activities in furtherance of Higher Education, including helping students explore alternative Education pathways in pursuit of successful and fulfilling careers.
Middle and high school activities: mheac engages in a variety of activities in furtherance of Higher Education. The mission is to help students know themselves, know their options, and make informed decisions to achieve their Education and career goals. Asa is committed to helping students explore Education and career options starting in middle school, experiment through hands-on opportunities, and execute a plan to meet their goals. Asa's innovative programs and partnerships, combined with a robust research agenda and advocacy platform, enable asa to provide meaningful impact to young people on a national scale.
Who funds American Student Assistance (ASA)
Grants from foundations and other nonprofits
Personnel at ASA
| Name | Title | Compensation | Date of data |
|---|
| Barbara Matez | President and Chief Executive Officer and Treasurer | $492,834 | 2023-10-11 |
| Jean Eddy | President and Chief Executive Officer | $705,315 | 2024-10-31 |
| Clay Colarusso | Chief Marketing Officer and Senior Vice President of Digital Strategy | $383,768 | 2024-10-31 |
| Angie Castera | Chief People Officer | | 2024-10-31 |
| Annabel Cellini | Former Chief Strategy Officer | $362,890 | 2022-12-31 |
| ...and 18 more key personnel |
Financials for ASA
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $410,773 | $1,389,402 | -70.4% |
| Program services | $85,077,064 | $87,981,477 | -3.3% |
| Investment income and dividends | $25,612,907 | $20,425,093 | 25.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $1,868,766 | $-28,659,113 | 106.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $153,494 | $783,497 | -80.4% |
| Total revenues | $113,123,004 | $81,920,356 | 38.1% |
Organizations like ASA
| Organization | Type | Location | Revenue |
|---|
| Great Jobs Kansas City | 501(c)(3) | Kansas City, MO | $32,873,623 |
| Big Shoulders Fund | 501(c)(3) | Chicago, IL | $65,677,021 |
| First Book | 501(c)(3) | Washington, DC | $85,122,503 |
| Mississippi State University Foundation | 501(c)(3) | Mississippi State, MS | $194,265,395 |
| Educational Credit Management Corporation | 501(c)(3) | Minneapolis, MN | $318,087,346 |
| Road Scholar | 501(c)(3) | Boston, MA | $383,709,603 |
| Junior Achievement USA (JA) | 501(c)(3) | Colorado Springs, CO | $57,552,208 |
| University System of Maryland Foundation (USMF) | 501(c)(3) | Adelphi, MD | $46,875,365 |
| University of Maine Foundation | 501(c)(3) | Orono, ME | $64,724,867 |
| Miami Dade College Foundation | 501(c)(3) | Miami, FL | $53,791,154 |
Data update history
January 19, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Used new vendors
Identified 3 new vendors, including , , and
October 31, 2024
Updated personnel
Identified 2 new personnel
April 23, 2024
Updated personnel
Identified 7 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 33 Arch St 2100
- Boston, MA 02110
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- asa.org/Â
- Phone
- (800) 999-9080
- Facebook page
- American-Student-AssistanceÂ
- Twitter profile
- @asa_orgÂ
IRS details
- EIN
- 04-2254705
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1956
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 611710: Educational Support Services
- Parent/child status
- Central organization
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Revoked
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0203171
- FTB Entity ID
- 3619341
- AB 488 data last updated ("as-of") date
- 2025-02-19
Free account sign-up
Want updates when ASA has new information, or want to find more organizations like American Student Assistance (ASA)?
Create free Cause IQ account