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Panhandle-Plains Higher Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237025386 ✦ Canyon, TX ✦ Designated as a 501(c)(3)

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Overview

What is Panhandle-Plains Higher Education Foundation?

The Panhandle-Plains Higher Education Foundation, located in Canyon, Texas, serves as a nonprofit organization with a primary focus on providing financial assistance to qualified individuals. This aid encompasses eligible educational expenses, including tuition and fees, textbooks and supplies, room and board, and incidental expenses related to attending an accredited educational institution in Texas offering at least a two-year academic degree program. The foundation, with a modest workforce of 13 individuals, strives to support higher education in the state, contributing to the personal and professional growth of its recipients.


Official website here: www.pphef.org

Is Panhandle-Plains Higher Education Foundation legitimate?

Panhandle-Plains Higher Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panhandle-Plains Higher Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $362,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $947,704

For more financial information, click here


Official website here: www.pphef.org

What is the mission statement of Panhandle-Plains Higher Education Foundation?

The Panhandle-Plains Higher Education Foundation's primary mission is to offer scholarships to eligible individuals, covering a wide range of educational expenses. This includes tuition and fees, books and supplies, room and board, and other incidental expenses related to attending an accredited educational institution in Texas. The institution in question must offer at least a two-year degree program. The foundation's aim is to support qualified individuals in pursuing higher education, thereby contributing to their personal growth and development.


Official website here: www.pphef.org

Who is the CEO of Panhandle-Plains Higher Education Foundation?

Jimmy Parker is the President/Ce of Panhandle-Plains Higher Education Foundation.


Official website here: www.pphef.org

What is the revenue of Panhandle-Plains Higher Education Foundation?

Panhandle-Plains Higher Education Foundation's revenue in 2022 was $4,976,997.


Official website here: www.pphef.org

Who are the executives of Panhandle-Plains Higher Education Foundation and what are their salaries?

The average compensation at Panhandle-Plains Higher Education Foundation during 2022 was $100,777. There are 13 employees at Panhandle-Plains Higher Education Foundation.


Here are 7 key members and their salaries:


Jimmy Parker (President/Ce)
  • Compensation: $223,085
  • Related: $0
  • Other: $37,370
Zach Bell (Cfo)
  • Compensation: $139,318
  • Related: $0
  • Other: $36,849
Jan Benton (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Craddock (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Roark (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael P Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynda Tinsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pphef.org

Where can I find the form 990 for Panhandle-Plains Higher Education Foundation?

Panhandle-Plains Higher Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pphef.org

Learn more at the official website: www.pphef.org

Mission Statement of Panhandle-Plains Higher Education Foundation

The Panhandle-Plains Higher Education Foundation's mission is centered around providing financial aid to deserving individuals. This support is extended towards eligible educational expenses, encompassing tuition and fees, textbooks and supplies, room and board, and incidental expenses incurred during a minimum two-year academic program at an accredited educational institution within the state of Texas. The foundation's primary goal is to empower these individuals by diminishing financial barriers, enabling them to pursue higher education and secure academic degrees.

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Impact




October, 2024

The Panhandle-Plains Higher Education Foundation profoundly impacts the educational landscape in Texas by providing crucial scholarships to qualified individuals. These scholarships alleviate financial burdens associated with attending accredited educational institutions offering degree programs of at least two years. By covering eligible expenses such as tuition, fees, books, supplies, room, board, and incidental costs, the foundation empowers students to pursue their academic goals, facilitating access to higher education for many who might otherwise be unable to afford it.

This initiative not only fosters individual success but also contributes to the overall educational attainment within the region, enhancing workforce development and community vitality. By investing in education, the foundation plays a vital role in shaping a more skilled, knowledgeable, and prosperous society in the Texas Panhandle.




This information is meant to be a general summary of Panhandle-Plains Higher Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,976,997 (2022)
Expenses
$5,135,823 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,929,316
  • Program Service Revenue: $47,681
  • Gross Receipts: $12,460,029

Assets and Liabilities:

  • Total Assets: $153,414,797
  • Total Liabilities: $249,415
  • Net Assets: $153,165,382

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT LOAN INTEREST

Revenue

$29,931

STUDENT LOAN DEFAULT CONSULTI

Revenue

$17,750

Organization Details

Founding Year

1979

Principal Officer

Jimmy Parker

Main Address

3000 FM 2590, CANYON, TX, 79015

NTEE Category

Code: B82Z - Education

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