2026-05-06T10:06:23-04:00 2025-08-31 990 2024-09-01 237133739 North Texas Higher Education Authority Inc NORT 8172659158 4381 W GREEN OAKS BLVD STE 200 Arlington TX 760164477 Denise Dunn Trakshel VP of Finance Controller 8172659158 2026-05-07 2024 2025-03-06 01:10:19Z Phillip Wambsganss 4381 W GREEN OAKS BLVD STE 200 Arlington TX 760164477 64663233 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 60918048 55229067 10041361 9434166 0 0 70959409 64663233 0 0 0 0 0 0 0 0 0 64966787 81068571 64966787 81068571 5992622 -16405338 1074155407 1211054653 826824702 977388047 247330705 233666606 Provide student loans at post secondary level and life of loan servicing of student loans. false false 49332008 0 55088530 Student Loan Programs: provide funds mostly through issuance of bonds for the purchase and life of loan servicing of FFELP and private student loans at the post secondary level 103547 loans outstanding. 0 0 0 0 0 0 0 0 0 49332008 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 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 David Petter 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 Stephanie Shaner 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 10701327 Norton Rose Fulbright US LLP 1301 McKinney Suite 5100 Houston TX 77010 Legal services/bond counsel 398725 Wilmington Trust 1100 North Market Street Wilmington DE 198900001 Trust services 1751764 Student Loan Capital Strategies 312 Walnut Street 16th Floor Cincinnati OH 45202 Financial Advisor 100200 4 0 0 0 0 0 0 0 0 Secondary Market Financing 522294 55229067 55229067 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55229067 9434166 0 0 9434166 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 64663233 55229067 0 9434166 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 8467611 0 8467611 0 380971 0 380971 0 179500 0 179500 0 10874 0 10874 0 0 0 0 0 0 0 27501746 4837351 22664395 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 43297945 43297945 0 0 0 0 0 0 1196712 1196712 0 0 27153 0 27153 0 Board meeting expenses and board member travel 6059 0 6059 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 81068571 49332008 31736563 0 0 0 0 0 12317 0 247776822 175915176 0 0 42978784 57264401 0 0 0 0 0 0 0 0 34200 15200 0 0 0 0 0 0 0 0 783352784 977859876 0 0 500 0 1074155407 1211054653 2788746 5255726 0 0 0 0 41750000 40235000 0 0 0 0 294497000 502187000 0 0 487788956 429710321 826824702 977388047 X 0 0 0 0 247330705 233666606 247330705 233666606 1074155407 1211054653 -16405338 218102 0 0 0 2523137 X false true X true true true X X 1 City of Arlington Texas 756004503 6 true 0 77372230 1 0 77372230 true false false false false false false false false false false false false false false false true false 0 10874 0 10874 0 81057695 0 81068569 0 1000000 0 250000 0 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 2800 1953 5776 10874 21403 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 10.0% of the current year membership dues paid by NTHEA to this organization is for the lobbying activity.| Net student loan notes receivable 977859876 C 977859876 0 Bonds payable taxable 433759000 unamortized bond discount taxable -4458786 unamortized bond discount tax exempt -168878 Deferred Income - South Texas acquisition 578985 429710321 63708134 218102 0 0 -1173201 -955099 64663233 0 64663233 77372230 1173201 1173201 76199029 4869542 4869542 81068571 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 Total Other Program Expenses = $81221 of bond rating expense $112436 of bond trustee fees $2203654 of loan servicing fees $303504 of borrower benefit write-offs $302962 of denied claims expense $156000 of cost of issuance expense for new bonds and notes issued and $1709764 of remarketing fees on variable rate demand notes. A North Texas Higher Education Authority Inc 237133739 66286UAF6 2024-08-28 42036465 Senior Series 20241A AMT A 1515000 0 42036465 835000 0 0 200761 0 0 59689768 0 0 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 11b The NTHEA Form 990 is prepared by the VP of Finance Controller of Higher Education Servicing Corp HESC. The draft is then reviewed and approved by the Treasurer of NTHEA as well as several Board members who are CPAs and the Chief Executive Officer of HESC. 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, $2523137| 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 conflicts 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.