New England Commission of Higher Education Inc

EIN: 821825330 501(c)(3) Education

Wakefield, MA

Total Revenue
$5,483,762
Total Expenses
$4,214,451
Total Assets
$12,901,712
Net Assets
$10,954,092
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MA
Principal Officer
LAWRENCE M SCHALL
Phone
7814257747
Tax Period
2024-10-01 to 2025-09-30

New England Commission of Higher Education Inc, founded in 2018, is a community nonprofit in the Education sector that reported $5.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 23% operating margin.

Mission

THE COMMISSION EXERCISES THE DUAL ROLES OF QUALITY ASSURANCE AND ENCOURAGING CONTINUOUS IMPROVEMENT FOR DEGREE-GRANTING INSTITUTIONS OF HIGHER EDUCATION nationally AND, AS DETERMINED BY THE COMMISSION, INTERNATIONALLY. THROUGH A PROCESS OF PEER REVIEW, THE COMMISSION ASSURES THE EDUCATION COMMUNITY AND THE PUBLIC THAT ACCREDITED INSTITUTIONS HAVE CLEARLY DEFINED OBJECTIVES, CONSISTENT WITH STANDARD OF ACCREDITATION ESTABLISHED BY THE COMMISSION, AND THAT THEY HAVE THE ORGANIZATION, STAFFING AND RESOURCES TO ACCOMPLISH AND SUSTAIN THESE OBJECTIVES.

Program Service Accomplishments

Program 1
Expenses: $2,337,977 Revenue: $3,977,239

THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION ACCREDITS MEMBER (203) AND CANDIDATE (9) INSTITUTIONS IN THE U.S. AND INTERNATIONALLY. THIS WORK IS CARRIED OUT BY VOLUNTEERS WHO SERVE AS MEMBERS OF...

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THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION ACCREDITS MEMBER (203) AND CANDIDATE (9) INSTITUTIONS IN THE U.S. AND INTERNATIONALLY. THIS WORK IS CARRIED OUT BY VOLUNTEERS WHO SERVE AS MEMBERS OF ITS DECISION-MAKING BODY, THE COMMISSION (29), AND ON ITS EVALUATION TEAMS. DUES ARE RECEIVED FROM MEMBER AND CANDIDATE INSTITUTIONS.

Program 2
Expenses: $306,891 Revenue: $485,340

THE COMMISSION CONDUCTS PERIODIC EVALUTIONS OF MEMBER AND CANDIDATE COLLEGES AND UNIVERSITIES. THESE INCLUDE COMPREHENSIVE, FOCUSED, AND SUBSTANTIVE CHANGE REVIEWS.

Program 3
Expenses: $370,941 Revenue: $586,633

THE COMMISSION RUNS WORKSHOPS TO ASSIST MEMBER AND CANDIDATE INSTITUTIONS WITH REPORT PREPARATION, PROVIDES ORIENTATIONS FOR KEY INSTITUTIONAL STAFF, AND OTHER WORKSHOPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $149,210
Program Service Revenue $5,049,212
Investment Income $282,694
Other Revenue $2,646
TOTAL REVENUE $5,483,762

Expense Breakdown

Grants Paid $103,270
Salaries & Benefits $2,623,331
Fundraising Expenses $0
Program Expenses $3,015,809
Other Expenses $1,487,850
TOTAL EXPENSES $4,214,451

Year-over-Year Comparison

2024 2023 Change
Revenue $5,483,762 $5,575,719 0.0%
Expenses $4,214,451 $3,982,671 +0.1%
Net Income $1,269,311 $1,593,048 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
29
Employees
12
Volunteers
350

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$606,231
Total Directors
29
$0
Key Employees
3
$807,627
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Schall President 35.0
Officer
$447,506 $52,572 $500,078
Paula Harbecke Vice President 35.0
Key Emp
$252,376 $29,177 $281,553
Carol Anderson Vice President 35.0
Key Emp
$240,089 $31,280 $271,369
Laura Gambino Vice President 35.0
Key Emp
$226,769 $27,936 $254,705
Aaron K Perkus Assistant Vice President 35.0
Highest
$202,674 $20,267 $222,941
Mark Nicholas Vice President 35.0
Officer
$85,074 $21,079 $106,153
Michaele Whelan Commissioner- Chair 1.0
Officer Director
$0 $0 $0
Jeffrey McMahan Commissioner - Clerk 1.0
Officer Director
$0 $0 $0
Paula Amato Commissioner 1.0
Director
$0 $0 $0
Kelli Armstrong Commissioner 1.0
Director
$0 $0 $0
Lloyd Blanchard COMMISSIONER - TREASURER 1.0
Officer Director
$0 $0 $0
Stephen Coan Commissioner 1.0
Director
$0 $0 $0
John Flynn Commissioner 1.0
Director
$0 $0 $0
Joseph Greene Commissioner 1.0
Director
$0 $0 $0
Judith Hain Commissioner 1.0
Director
$0 $0 $0
Farshid Hajir Commissioner 1.0
Director
$0 $0 $0
James Herbert Commissioner 1.0
Director
$0 $0 $0
Lisa Ijiri Commissioner 1.0
Director
$0 $0 $0
Joyce Judy Commissioner 1.0
Director
$0 $0 $0
Todd Leach Commissioner 1.0
Director
$0 $0 $0
Luis Pedraja Commissioner 1.0
Director
$0 $0 $0
Sebastian Royo commissioner 1.0
Director
$0 $0 $0
Andrew Shennan commissioner 1.0
Director
$0 $0 $0
Christine Siegel Commissioner - Vice Chair 1.0
Officer Director
$0 $0 $0
Kristin Carvalho Commissioner 1.0
Director
$0 $0 $0
Noemi Custodia-Lora Commissioner 1.0
Director
$0 $0 $0
Amy Donahue Commissioner 1.0
Director
$0 $0 $0
Harry Dumay Commissioner 1.0
Director
$0 $0 $0
Ryan Low Commissioner 1.0
Director
$0 $0 $0
Juan-Francisco Perellon Commissioner 1.0
Director
$0 $0 $0
Sarah Latham COMMISSIONER 1.0
Director
$0 $0 $0
Dwayne Smith Commissioner 1.0
Director
$0 $0 $0
Mark Rubinstein Commissioner 1.0
Director
$0 $0 $0
Lynne Pantalena Commissioner 1.0
Director
$0 $0 $0
Tim Donovan Commissioner 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,483,762 $4,214,451 $12,901,712 $1,269,311
2024 No data No data No data No data
2023 $5,237,987 $3,726,772 $9,879,185 $1,511,215
2022 $5,018,304 $4,294,508 $6,813,376 $723,796
2021 $4,536,246 $3,523,334 $6,648,757 $1,012,912
2020 $4,907,993 $4,174,304 $5,268,173 $733,689
2019 $4,271,677 $3,648,802 $4,800,294 $622,875
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