2025-05-06T15:38:35-04:00 2024-08-31 990 2023-09-01 237133739 North Texas Higher Education Authority Inc % Phillip Wambsganss NORT 8172659158 4381 W GREEN OAKS BLVD STE 200 Arlington TX 760164477 Denise Dunn Trakshel Controller 2025-05-07 2023 2025-03-06 01:10:19Z Phillip Wambsganss 4381 W GREEN OAKS BLVD STE 200 Arlington TX 760164477 70959409 false X www.nthea.com X 1979 TX Acquire student loans and provide life of loan servicing of student loans at post secondary level. 6 6 0 0 0 0 0 0 50179105 60918048 3604258 10041361 0 0 53783363 70959409 0 0 0 0 0 0 0 0 0 46105600 64966787 46105600 64966787 7677763 5992622 866196017 1074155407 655084899 826824702 211111118 247330705 Provide student loans at post secondary level and life of loan servicing of student loans. false false 53581412 0 58665164 Student Loan Programs: provide funds mostly through issuance of bonds for the purchase and life of loan servicing of FFELP student loans at the post secondary level 88934 loans outstanding. 0 0 0 0 0 0 0 0 0 53581412 true false false true false false false false false false false false true false true false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false 0 false false false false false false false 0 0 false false false X 6 6 false false false false false false true true true false false false true true true true true false false false X Phillip Wambsganss 8172659158 4381 W GREEN OAKS BLVD STE 200 Arlington TX 760164477 X Amy Michie Treasurer Secretary Board Member 1.00 0.00 X X 0 0 0 Governor Jackson President Board Member 1.00 0.00 X X 0 0 0 Jerry McCullough Vice President Board Member 1.00 0.00 X X 0 0 0 Tony Pompa Board Member 1.00 0.00 X 0 0 0 David Petter Board Member 1.00 0.00 X 0 0 0 Gracie Riddick Board Member 1.00 0.00 X 0 0 0 Phillip Wambsganss Executive Director HESC 1.00 0.00 X 0 0 0 Denise Dunn-Trakshel Controller HESC 1.00 0.00 X 0 0 0 0 0 0 0 false false false Higher Education Servicing Corporation 4381 W Green Oaks Blvd Suite 200 ARLINGTON TX 76016 Program Administration & Servicing 10273055 Norton Rose Fulbright US LLP 1301 McKinney Suite 5100 Houston TX 77010 Legal services/bond counsel 830480 Wilmington Trust 1100 North Market Street Wilmington DE 198900001 Trust services 1316887 3 0 0 0 0 0 0 0 0 Secondary Market Financing 522294 60918048 60918048 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60918048 10041361 0 0 10041361 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70959409 60918048 0 10041361 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8173732 0 8173732 0 836706 0 836706 0 120300 0 120300 0 5776 0 5776 0 0 0 0 0 0 0 8587601 6371408 2216193 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46184665 46184665 0 0 0 0 0 0 1025339 1025339 0 0 28774 0 28774 0 Board meeting expenses and board member travel expenses 3894 0 3894 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64966787 53581412 11385375 0 0 0 0 0 0 12317 97713644 247776822 0 0 50076665 42978784 0 0 0 0 0 0 0 0 21578 34200 0 0 0 0 0 0 0 0 718377662 783352784 0 0 6468 500 866196017 1074155407 2128645 2788746 0 0 0 0 0 41750000 0 0 0 0 14896000 294497000 0 0 638060254 487788956 655084899 826824702 X 0 0 0 0 211111118 247330705 211111118 247330705 866196017 1074155407 X 5992622 766776 0 0 27353890 2106299 X false true X true true true X X 1 City of Arlington Texas 756004503 6 true 0 61958592 1 0 61958592 true false false false false false false false false false false false false false false false true false 5776 5776 64961011 64966787 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 2800 2800 1953 5776 13329 0 0 0 0 0 0 0 0 0 0 0 Part IV | PartandLinenumber:,Explanation:| Part II-A Line 1,NTHEA is a member of the Education Finance Council that engages in some direct lobbying activities. Approximately 12.0% of the current year annual membership dues paid by NTHEA to this organization is for the lobbying activity.| Net student loan notes receivable 783352784 C 783352784 Bonds payable taxable 491762000 unamortized bond discount taxable -4582230 unamortized bond discount tax exempt -68945 Deferred Income - South Texas acquisition 678131 487788956 70824289 766776 -901896 -135120 70959409 0 70959409 61958592 901896 901896 61056696 3910091 3910091 64966787 Part XI, line 2d Amortization of premium reported with revenue for audit but reported in expense for Form 990. Part XII, line 2d Amortization of premium reported with revenue for audit but reported in expenses on Form 990. Part XII, line 4b Elimination of investment in for-profit subsidiary that was unwound and liquidated during fiscal year after its final tax returns were filed. A North Texas Higher Education Authority Inc 237133739 66286UAF6 2024-08-28 42036465 Senior Series 20241A AMT A 0 0 42036465 835000 0 0 200761 0 0 35689768 0 24000000 2025 false false true true A false false false false false false A false true false false false false true A true Part VI, Line 7b NTHEA Board members nominate persons to serve on the Board. However the Governing Body of the City of Arlington Texas appoints members to the NTHEA Board of Directors. The Governing Body of the City of Arlington Texas must approve the financings related to proposed bond issues before NTHEA can issue bonds. Part VI, Line 11a The NTHEA Form 990 is prepared by the Controller of Higher Education Servicing Corporation HESC. The Form 990 is reviewed and approved by the Treasurer of NTHEA and the Chief Executive Officer of HESC. HESC is the program management company for NTHEA. Part VI, Line 12c A member of NTHEAs Bond Counsel firm attends every Board meeting. The Bond Counsel reviews the conflict of interest policy with the Board members on an annual basis and enforces compliance with the policy. Part XI, Line 9 | Description:, Explanation:, Amount:| Loan servicing expenses, Loan expenses, $2106299| Part VI Line 19 | Explanation:| NTHEA makes its audited financial statements and reports available to the public by placing them on an investment page that can be accessed from the web. NTHEA does not make its governing documents and conflict of interest policy available to the public. Part VIII Line 2 | Explanation:| Line 2A - Student Loan interest and government subsidy Part VIII Line 2 | Explanation:| Line 2a-2e: Income is interest received on outstanding student loans to students and supplemental interest received from the Federal Government for financing of education at post-secondary institutions. Income received is totally related to exempt purposes of funding educational loans. Part IX Line 11 | Explanation:| Line 11g: Program service expenses include trustee fees and tender agent fees $103,239; loan servicing fees $2,089,430; borrower benefit write-offs $323,854; cost of issuance fees $2,418,257; and bond rating expenses $165,864.