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VERMONT HIGHER EDUCATION COUNCIL

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Public IRS 990 nonprofit record

VERMONT HIGHER EDUCATION COUNCIL

EIN 03-0223268 · Education (B40C)

What they do

WHEN A NEW INSTITUTION of HIGHER EDUCATION WANTS to OPEN A CAMPUS IN VERMONT, or WHEN A CAMPUS CHARTERED ELSEWHERE WANTS to RUN A PROGRAM IN VERMONT, THEY MUST APPLY to THE VERMONT AGENCY of EDUCATION to BEGIN THE APPLICATION PROCESS to GAIN APPROVAL to OFFER CREDITS or DEGREES. IN THE CASE of DEGREE-GRANTING APPROVAL, ONCE THEY HAVE SUBMITTED ALL REQUIRED MATERIALS, THE AGENCY CONTACTS VHEC to CONDUCT A CERTIFICATION REVIEW. OUR ROLE is to PROVIDE AN EXPERT PERSPECTIVE ON THE READINESS of THIS CAMPUS to OPERATE SUCCESSFULLY and ACCORDING to THE VERMONT STATE RULES. WE PROVIDE A RECOMMENDATION ONLY; THE STATE BOARD of EDUCATION MAKES ALL FINAL DECISIONS ON CERTIFICATION APPROVAL. VHEC DID NOT HAVE ANY CERTIFICATION REVIEWS DURING 2024.VHEC OCCASIONALLY SPONSORS EDUCATIONAL EVENTS RELATED to HIGHER EDUCATION for ITS MEMBERSHIP CONSISTING of 15 INSTITUTIONS of HIGHER EDUCATION IN VERMONT.VHEC PUBLISHES DATA ON HIGHER EDUCATION ENROLLMENT IN VERMONT and OCCASIONALLY PUBLISHES BROADER REPO

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $49.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.78%of revenue went to mission work49.0% of expenses · Program services
$101.60spent for every $100 of revenueSpending was higher than revenue this year.
$3.09in assets for every $1 spent this yearSome assets cannot be spent right away.
86.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $474 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$29,660
Mission workProgram services$14,76549.78% of revenue49.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$30,134101.60% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.60% of revenue
2023Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 122.20% of revenue
2022Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 152.34% of revenue
2021Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 154.49% of revenue
2020Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 48.24% of revenue
2019Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 107.93% of revenue
2018Expense mix: 24.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 139.39% of revenue
2017Expense mix: 80.6% mission · 19.4% management · 0.0% fundraisingTotal expenses: 89.56% of revenue

Money in and money out

Revenue$29,660
Expenses$30,134
Annual shortfall $474 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$14,765 · 49.0% of expenses
See all reported dollar amounts
Revenue$29,660
Expenses$30,134
Assets$93,192
Income$29,660
Contributions$25,534
Mission work (program services)$14,765
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

JOYCE JUDYVICE PRESIDENT

LAURIE PATTONEXECUTIVE COMMITTEE

MICHELLE OLLIEPRESIDENT

SCOTT GILESTREASURER

SURESH GARIMELLAEXECUTIVE COMMITTEE

WENDY KOENIGEXECUTIVE COMMITTEE

About this charity

Recognized since
January 1973
Location
52 STATE STREET PO BOX 1072, MONTPELIER, VT 05601
County
Washington
In care of
MICHELLE OLLIE
Primary officer
MICHELLE OLLIE, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990EZ
Tax preparer
MCSOLEY MCCOY & CO
NTEE classification
Education (B40C)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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