Nonprofit · EIN 01-0265587
HIGHER EDUCATION ASSISTANCE FOUNDATION
Tax-exempt · WESTBROOK, ME 04092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $8,609 | $15,786 | -$7,177 | $249,254 | $0 | $249,254 |
| September 30, 2024 | 990-PF | $6,551 | $16,327 | -$9,776 | $256,431 | $0 | $256,431 |
| September 30, 2023 | 990-PF | $4,757 | $11,671 | -$6,914 | $266,207 | $0 | $266,207 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Interest
- $8,609
Expenses
- Grants and similar amounts paid
- $14,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $14,891
- Excise tax on investment income
- $108
Balance sheet and other
- Total assets, start of year
- $256,431
- Total assets, end of year
- $249,254
- Total liabilities, end of year
- $0
- Net assets, end of year
- $249,254
- Fair market value of assets
- $249,254
- Qualifying distributions
- $14,891
- Net investment income
- $8,609
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Neil Kiely 2 Thomas Drive, Westbrook, ME 04092 | Chair | 1 | $0 |
| Daniel Walsh 2 Thomas Drive, Westbrook, ME 04092 | Vice Chairman | 1 | $0 |
| Lawrence L Barker 2 Thomas Drive, Westbrook, ME 04092 | Immediate Past Chair/Director | 1 | $0 |
| Jim Roche 2 Thomas Drive, Westbrook, ME 04092 | President | 1 | $0 |
| Stephen deCastro 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Anthony Disotto 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Glenn Hutchinson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Mark Jones 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Alexander Meagher 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Tony McKim 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Curt Paterson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Timothy Thompson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
990-PF for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lawrence L Barker 2 Thomas Drive, Westbrook, ME 04092 | Chair | 1 | $0 |
| Neil Kiely 2 Thomas Drive, Westbrook, ME 04092 | Vice Chairman | 1 | $0 |
| Stephen deCastro 2 Thomas Drive, Westbrook, ME 04092 | Immediate Past Chair/Director | 1 | $0 |
| Jim Roche 2 Thomas Drive, Westbrook, ME 04092 | President | 1 | $0 |
| Blaine Boudreau 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Anthony Disotto 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Greg Dufour 2 Thomas Drive, Westbrook, ME 04092 | Past Director | 1 | $0 |
| Jeanne Hulit 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Glenn Hutchinson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Tony McKim 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Bradford Paige 2 Thomas Drive, Westbrook, ME 04092 | Past Director | 1 | $0 |
| Curt Paterson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Curtis C Simard 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Timothy Thompson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Daniel Walsh 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
990-PF for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve DeCastro 2 Thomas Drive, Westbrook, ME 04092 | Chair | 1 | $0 |
| Larry Barker 2 Thomas Drive, Westbrook, ME 04092 | Vice Chairman | 1 | $0 |
| Blaine Boudreau 2 Thomas Drive, Westbrook, ME 04092 | Immediate Past Chair/Director | 1 | $0 |
| Jim Roche 2 Thomas Drive, Westbrook, ME 04092 | President | 1 | $0 |
| David Cyr 2 Thomas Drive, Westbrook, ME 04092 | Past Director | 1 | $0 |
| Greg Dufour 3 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Jeanne Hulit 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Glenn Hutchinson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Neil Kiely 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Bradford Paige 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Curtis C Simard 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Timothy Thompson 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
| Daniel Thornton 2 Thomas Drive, Westbrook, ME 04092 | Past Director | 1 | $0 |
| Dan Walsh 2 Thomas Drive, Westbrook, ME 04092 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2 THOMAS DR, WESTBROOK, ME 04092-3824
- In care of
- % MARC OWEN
- Signed the 990-PF
- Liza M Wells, Vice President & Treasurer
- Phone
- (207) 791-8404
- Return prepared by
- Berry Dunn McNeil & Parker LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 01-0265587
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1958
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $249,254
- Income (IRS master file)
- $8,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $8,609 | $15,786 | $249,254 | XML |
| 990-PF | September 2024 | $6,551 | $16,327 | $256,431 | XML |
| 990-PF | September 2023 | $4,757 | $11,671 | $266,207 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0265587).
Questions about HIGHER EDUCATION ASSISTANCE FOUNDATION
- What is the EIN of HIGHER EDUCATION ASSISTANCE FOUNDATION?
- The employer identification number (EIN) of HIGHER EDUCATION ASSISTANCE FOUNDATION is 01-0265587.
- Is HIGHER EDUCATION ASSISTANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to HIGHER EDUCATION ASSISTANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HIGHER EDUCATION ASSISTANCE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HIGHER EDUCATION ASSISTANCE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HIGHER EDUCATION ASSISTANCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of HIGHER EDUCATION ASSISTANCE FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does HIGHER EDUCATION ASSISTANCE FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $8,609, expenses of $15,786 and total assets of $249,254 at year end.
Other nonprofits in WESTBROOK
- BIDDEFORD AND MECHANICS SAVINGS CHARITABLE FOUNDATION EIN 85-1674412 · last filed 990-PF for 2025
- FARSETTI WEBSTER CHAPPELL FOUNDATIO N EIN 41-2646013 · last filed 990-PF for 2025
- MAINE SANTA CAUSE EIN 33-1603594 · last filed 990-N for 2024
- MUTUNZIS FAMILY FOUNDATION EIN 99-3477790 · last filed 990-PF for 2024
- WOODFORDS FAMILY SERVICE EIN 01-0278395 · last filed 990 for 2025
- MAINE FINANCIAL INSTITUTIONS EMPLOYEE BEN TR EIN 01-6133041 · last filed 990 for 2025
- CREATIVE WORKS EIN 01-0280723 · last filed 990 for 2025
- NEW COMMUNITIES INC EIN 81-5393817 · last filed 990 for 2025
All nonprofits in WESTBROOK · Maine · Philanthropy, voluntarism and grantmaking foundations