Midwestern Higher Education Compact
Midwestern Higher Education Compact reported $11.1 million in revenue and $7.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.18 went to program services, $17.78 to management and general costs and $0.04 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.4% of the total. The highest compensation it reported for one person was $356,785 (PRESIDENT). 8 people received more than $100,000 in reportable compensation. Revenue rose 179% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $7.3MFor context, the median across 54 covered social science charities: $84.80 programs, $13.80 management, $1.40 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.2% | 81.3% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.8% | 13.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 1.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 14.0% | 81.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.4% | 4.4% |
| Highest reported compensation Part VII-A, columns D–F | $356,785 | $467,896 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.92% | 2.13% |
| People paid over $100,000 Part VII, line 2 | 8 | 19 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 32.1 | 16.5 |
| Independent voting board members Part VI 1a–1b | 52 of 52 | 96.5% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseContracts: mhec contracts leverage the potential volume of the region's purchasing power, while saving entities time and money by simplifying the procurement process and negating the need to conduct a competitive sourcing event. By offering a turnkey solution with the ability to tailor the already negotiated contract to match the entity's specific needs and requirements, mhec contracts shift some of the negotiating power back to the procuring entities. In addition to contracts available through mhecare student health solutions, mhec offers numerous contracts in technology. The contracts are a…
Programs:additional mhec programs are initiated in response to identified needs in one or more of the member states. Bringing together expertise from across the region, mhec identifies activities needed to address the identified needs. Those problems best solved through ongoing interstate cooperation are then developed into mhec programs. Each mhec program provides the program participants with governance and leadership structures to guide and maintain programmatic outcomes.mhecare health insurance solutions:comprehensive health insurance solutions created in response to both increasing cost…
Research:mhec research informs institutional and state efforts in improving postsecondary policies, practices, and outcomes in several ways: (a) maintaining a national repository of expertise, knowledge and best practices for guiding policy and practice; (b) conducting applied research and analysis on critical topics in Higher Education; (c) developing innovative approaches to improve educational opportunity and effectiveness; and (d) providing public outreach and service to institutions and governments. Among its core outputs, mhec research maintains an online dashboard of educational…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $293,651 | $0 | $63,134 | $356,785 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $176,548 | $0 | $62,717 | $239,265 |
| VICE PRESIDENT (THRU 05/25) Highest compensated employee, 40.00 hrs/week | $154,199 | $0 | $63,998 | $218,197 |
| VICE PRESIDENT Highest compensated employee, 40.00 hrs/week | $144,764 | $0 | $46,644 | $191,408 |
| SENIOR DIRECTOR Highest compensated employee, 40.00 hrs/week | $113,150 | $0 | $39,879 | $153,029 |
| ASSOCIATE VICE PRESIDENT Highest compensated employee, 40.00 hrs/week | $116,126 | $0 | $24,179 | $140,305 |
| SENIOR DIRECTOR Highest compensated employee, 40.00 hrs/week | $108,601 | $0 | $26,297 | $134,898 |
8 people received more than $100,000 in reportable compensation from Midwestern Higher Education Compact (Part VII, line 2). Compensation of current officers, directors and key employees totaled $610K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b52 · 52 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 520
- Volunteers Part I, line 668
Correct a figure or respond
Every number above is copied from Midwestern Higher Education Compact's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Midwestern Higher Education Compact, you can publish a response that is linked from this page.
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Of every $100 Midwestern Higher Education Compact spent in FY2025, $82.18 went to programs. The full breakdown, from its IRS Form 990:
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All social science charities · Largest charities in Minnesota
Questions people ask
How much of Midwestern Higher Education Compact's spending goes to programs?
In the fiscal year ending June 30, 2025, Midwestern Higher Education Compact reported that 82.2% of its $7.3 million in expenses went to program services, 17.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Midwestern Higher Education Compact pay its top executive?
The largest total compensation Midwestern Higher Education Compact reported for one person in the fiscal year ending June 30, 2025 was $356,785, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Midwestern Higher Education Compact get its money?
Of $11.1 million in revenue in the fiscal year ending June 30, 2025, 14.0% came from contributions and grants and 81.4% from program service revenue (Form 990, Part VIII).
Is Midwestern Higher Education Compact a registered charity?
The IRS lists EIN 38-3011476 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610929349300441 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501149349301040 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411099349300426 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301159349301000 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221159349300327 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120979349300027 · read the filing
All filings for EIN 38-3011476: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.