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Nonprofit · EIN 03-0223268

VERMONT HIGHER EDUCATIONAL COUNCIL INC

Tax-exempt · MONTPELIER, VT 05601

Financials

$43K$52K2023$30K$30K2024
Revenue Expenses · by fiscal year end
Financials of VERMONT HIGHER EDUCATIONAL COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$29,660$30,134-$474$93,206$14$93,192
June 30, 2024990-EZ$42,611$52,070-$9,459$93,740$74$93,666
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,534
Membership dues
$2,060
Investment income
$2,066

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$25,706
Other expenses
$4,428
Program services (functional)
$14,765

Balance sheet and other

Total assets, start of year
$93,740
Total assets, end of year
$93,206
Total liabilities, end of year
$14
Net assets, end of year
$93,192
Cash, savings and investments
$93,206
Gross receipts
$29,660

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE OLLIEPRESIDENT0.25$0
JOYCE JUDYVICE PRESIDENT0.25$0
SCOTT GILESTREASURER0.25$0
SURESH GARIMELLAEXECUTIVE COMMITTEE0$0
WENDY KOENIGEXECUTIVE COMMITTEE0$0
LAURIE PATTONEXECUTIVE COMMITTEE0$0
990-EZ for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
MICHELLE OLLIEPRESIDENT0.25$0
JOYCE JUDYVICE PRESIDENT0.25$0
SCOTT GILESTREASURER0.25$0
SURESH GARIMELLAEXECUTIVE COMMITTEE0$0
SOPHIE ZDATNYEXECUTIVE COMMITTEE0$0
WENDY KOENIGEXECUTIVE COMMITTEE0$0
LAURIE PATTONEXECUTIVE COMMITTEE0$0
SOPHIA HOWLETTEXECUTIVE COMMITTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 1072, MONTPELIER, VT 05601-1072
Signed the 990-EZ
MICHELLE OLLIE, PRESIDENT
Phone
(802) 793-4330
Return prepared by
MCSOLEY MCCOY & CO

Mission

OUR MISSION IS TO EXPLORE AND IMPLEMENT NEW FORMS OF COOPERATIVE ACTIVITY WHICH WILL STRENGTHEN THE QUALITY AND VALUE OF HIGHER EDUCATION IN VERMONT.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • WHEN A NEW INSTITUTION OF HIGHER EDUCATION WANTS TO OPEN A CAMPUS IN VERMONT, OR WHEN A CAMPUS CHARTERED ELSEWHERE WANTS TO RUN A PROGRAM IN VERMONT, THEY MUST APPLY TO THE VERMONT AGENCY OF EDUCATION TO BEGIN THE APPLICATION PROCESS TO GAIN APPROVAL TO OFFER CREDITS OR DEGREES. IN THE CASE OF DEGREE-GRANTING APPROVAL, ONCE THEY HAVE SUBMITTED ALL REQUIRED MATERIALS, THE AGENCY CONTACTS VHEC TO CONDUCT A CERTIFICATION REVIEW. OUR ROLE IS TO PROVIDE AN EXPERT PERSPECTIVE ON THE READINESS OF THIS CAMPUS TO OPERATE SUCCESSFULLY AND ACCORDING TO THE VERMONT STATE RULES. WE PROVIDE A RECOMMENDATION ONLY; THE STATE BOARD OF EDUCATION MAKES ALL FINAL DECISIONS ON CERTIFICATION APPROVAL. VHEC DID NOT HAVE ANY CERTIFICATION REVIEWS DURING 2024.VHEC OCCASIONALLY SPONSORS EDUCATIONAL EVENTS RELATED TO HIGHER EDUCATION FOR ITS MEMBERSHIP CONSISTING OF 15 INSTITUTIONS OF HIGHER EDUCATION IN VERMONT.VHEC PUBLISHES DATA ON HIGHER EDUCATION ENROLLMENT IN VERMONT AND OCCASIONALLY PUBLISHES BROADER REPORTS ON STUDENT AND INSTITUTIONAL DATA. FALL ENROLLMENT REPORTS OFFER A POINT-IN-TIME DATA SOURCE FOR HIGHER EDUCATION ENROLLMENT IN VERMONT, INCLUDING INFORMATION ON RESIDENCY, ENROLLMENT STATUS, DISTANCE EDUCATION, AND DEMOGRAPHICS AMONG VERMONT'S ENTIRE STUDENT POPULATION FROM BOTH PUBLIC AND PRIVATE INSTITUTIONS. ENROLLMENT REPORTS ARE PUBLISHED ONLINE AT VERMONTHEC.ORG.
    Expenses $14,765

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
03-0223268
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B40C)
Assets (IRS master file)
$93,206
Income (IRS master file)
$29,660

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$29,660$30,134$93,206XML
990-EZJune 2024$42,611$52,070$93,740XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––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 03-0223268).

Questions about VERMONT HIGHER EDUCATIONAL COUNCIL INC

What is the EIN of VERMONT HIGHER EDUCATIONAL COUNCIL INC?
The employer identification number (EIN) of VERMONT HIGHER EDUCATIONAL COUNCIL INC is 03-0223268.
Is VERMONT HIGHER EDUCATIONAL COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to VERMONT HIGHER EDUCATIONAL COUNCIL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VERMONT HIGHER EDUCATIONAL COUNCIL INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of VERMONT HIGHER EDUCATIONAL COUNCIL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VERMONT HIGHER EDUCATIONAL COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of VERMONT HIGHER EDUCATIONAL COUNCIL INC?
The 990-EZ for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does VERMONT HIGHER EDUCATIONAL COUNCIL INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $29,660, expenses of $30,134 and total assets of $93,206 at year end.

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