Skip to main content

Nonprofit · EIN 46-4350736

HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC

Tax-exempt · LAKEWOOD, NJ 08701

Financials

$4.2M$5.5M2023$323K$1.5M2024
Revenue Expenses · by fiscal year end
Financials of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$323,165$1,464,347-$1,141,182$7,161,023$14,193$7,146,830
December 31, 2023990$4,196,334$5,527,717-$1,331,383$8,368,425$80,413$8,288,012
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$59,669
Investment income
$227,496
Net rental income
$36,000
Other revenue
$36,000

Expenses

Grants and similar amounts paid
$1,500
Other salaries and wages
$545,731
Salaries, compensation and benefits (total)
$726,086
Professional fundraising fees
$0
Occupancy
$574
Depreciation
$77,318
Program services (functional)
$1,337,898
Management and general (functional)
$126,449

Balance sheet and other

Total assets, start of year
$8,368,425
Total assets, end of year
$7,161,023
Total liabilities, end of year
$14,193
Net assets, end of year
$7,146,830
Land, buildings and equipment
$235,416
Gross receipts
$323,165
Employees
14
Volunteers
0
Year formed
2014
State of legal domicile
NJ

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELISA KAHANEMPLOYEE
Highest-paid employee
40$216,814
SHMUEL C WEISBERGTRUSTEE
Trustee or director
40$0
AVROHOM Y ZUCKERMANTRUSTEE
Trustee or director
25$0
MENASHE GROSSTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
SHMUEL C WEISBERGTRUSTEE
Trustee or director
40$435,545
MOSHE Z WEISBERGEMPLOYEE
Highest-paid employee
25$397,638
ELISA KAHANEMPLOYEE
Highest-paid employee
40$223,155
YAAKOV KOPSEMPLOYEE
Highest-paid employee
40$120,000
CYRL ZIMMERMANEMPLOYEE
Highest-paid employee
40$105,605
AVROHOM Y ZUCKERMANTRUSTEE
Trustee or director
25$769
MENASHE GROSSTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
450 WEST KENNEDY BOULEVARD, LAKEWOOD, NJ 08701-1269
Principal officer (990 for 2024)
SHMUEL C WEISBERG, 20 IRENE COURT, LAKEWOOD, NJ 08701
Signed the 990
SHMUEL C WEISBERG, TRUSTEE
Phone
(732) 660-9090
Return prepared by
WILSCHANSKI & CO

Mission

ASSISTING S 501(C)(3) INSTITUTIONS OF HIGHER EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • ADMINISTRATION OF TITLE IV FED ASSISTANCE TO HIGHER EDUCATIONAL INSTITUTIONS EXEMPT UNDER 501(C)(3) FOR BELOW MARKET FEES.
    Expenses $1,336,398 · revenue $95,669
  • SUPPORT OF 501(C)(3) ORGANIZATION
    Expenses $1,500 · grants $1,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-4350736
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$7,161,023
Income (IRS master file)
$323,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$323,165$1,464,347$7,161,023IRS
990December 2023$4,196,334$5,527,717$8,368,425XML
990December 2022$5,378,948$4,215,075$9,679,734IRS
990December 2021–––IRS
990December 2018–––IRS
990December 2017–––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 46-4350736).

Questions about HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC

What is the EIN of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC?
The employer identification number (EIN) of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC is 46-4350736.
Is HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC?
The 990 for the year ended December 31, 2024 names SHMUEL C WEISBERG.
Who are the officers and directors of HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $216,814 (ELISA KAHAN, EMPLOYEE).
How much revenue does HIGHER EDUCATION COMPLIANCE AND MANAGEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $323,165, expenses of $1,464,347 and total assets of $7,161,023 at year end.

Other nonprofits in LAKEWOOD

All nonprofits in LAKEWOOD · New Jersey · Education