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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Student Assistance Foundation of Montana

Student Assistance Foundation of Montana

Fiscal year ending 2025. Filed on November 10, 2025.

PO Box 5209
Helena, Montana 59604

Student Assistance Foundation of Montana (EIN: 81-0527529) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Student Assistance Foundation of Montana, a 501(c)(3) charitable organization, reported compensation for 7 out of 33 total employees. Among the employees shown here, the average compensation is $180,282. The highest compensated employee at Student Assistance Foundation of Montana is Scott Todorovich with fiscal year 2025 compensation of $260,498.

Revenue, expenses, and employee compensation

Revenue

$8,684,821

Expenses

$4,478,614

Employee compensation

$3,672,872
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Todorovich
President/Ceo SAF, CEO Mhesac
$260,498
$230,706 No related comp$29,792
Jolene Selby
Vice President SAF, CFO Mhesac
$258,433
$216,269 No related comp$42,164
Kelly Cresswell
Vice President SAF, Executive Director
$204,897
$164,691 No related comp$40,206
Michael Romine
IT Infrastructure Manager
$139,632
$108,474 No related comp$31,158
Jeff Floerchinger
Director of Client Finance
$138,377
$116,378 No related comp$21,999
Brenda Valdez
Controller
$136,053
$115,350 No related comp$20,703
David Angove
Systems Architect
$124,081
$105,378 No related comp$18,703

Benchmark Employee Compensation

Non-Employee Board Members

Terry Cosgrove
Director and Secretary/Treasurer Saf,Director Mhesac
$3,600
$1,800 $1,800 No other comp
Kimberly Cunningham
Board Chair SAF, Director
$3,600
$1,800 $1,800 No other comp
Brian Obert
Vice Chair and Director
$1,800
$1,800 No related compNo other comp
Craig Roloff
Treasurer and Secretary and Director
$1,350
$1,350 No related compNo other comp

Mission Statement

SAF PROVIDES MANAGEMENT SERVICES AND IS MASTER SERVICER FOR MONTANA HIGHER EDUCATION STUDENT ASSISTANCE CORPORATION (MHESAC), A RELATED ORGANIZATION. SAF ALSO PROVIDES DELIVERY AND SUPPORT OF MHESAC'S REACH HIGHER MONTANA (RHM) PUBLIC BENEFIT ACTIVITIES.

Revisions to this organization profile

November 10, 2025:
2025 Student Assistance Foundation of Montana 990 filed
November 15, 2024:
2024 Student Assistance Foundation of Montana 990 filed
November 15, 2024:
Amended (originally filed November 2, 2023)2023 Student Assistance Foundation of Montana 990 filed

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