2024-05-14T17:33:34-07:00 2023-06-30 990 2022-07-01 954415401 ALL MANAGEMENT CORPORATION ALLM 3109794700 840 Apollo Street Suite 306 El Segundo CA 90245 William Hansen Chief Administrative Officer 3102428814 2024-05-14 William Hansen 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z William Markenson 840 Apollo Street Suite 306 El Segundo CA 90245 11929061 0 X www.allmc.org X 1993 CA ALL Management Corporation provides support services to 501(c)(3) public charities engaged in originating or assisting in the secondary market of student loans for postsecondary education and assists needy students in obtaining funds for their postsecondary education. 5 4 9 0 0 0 0 151763 2352112 2392042 575809 303852 0 0 2927921 2847657 0 0 0 0 1824895 1768657 0 0 0 4791425 594646 6616320 2363303 -3688399 484354 16884852 17716835 258352 262987 16626500 17453848 Sustainably provide and support programs where needed to help people attain the education, skills, and economic opportunity necessary to achieve a more self-sufficient and fulfilling quality of life. 0 0 1419961 0 1146410 Portfolio management services - provide program management, compliance, reporting and related support services to California Education Assistance, Inc. in support of its mission to provide financing of certain loans authorized under the Higher Education Act of 1965, as amended, for the benefit and advancement of postsecondary education. 354990 0 1245632 Management services to similarly-missioned public charities - provides program management, reporting, marketing, compliance and related support services to California Education Assistance, Inc. for its investment in the FFELP loan program and related indentures to finance its charitable activities. 0 0 0 1774951 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 9 1 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X William Hansen 3102428814 840 Apollo Street Suite 306 El Segundo CA 90245 X William D Markenson Chief Executive Officer 20 20 X X 374127 62008 52004 William R Hansen Chief Administrative Officer 30 15 X 383300 0 68782 Michael Grace Managing Director Financial and Accounting Services 15 30 X 250576 0 56485 Neeta Singh Sharma Enterprise and Data Architect 40 0 X 167130 0 36124 Ephraim Floresca Manager, Analytics, Reporting and Technology 40 0 X 142683 0 44992 Sheryl Levy Director, Human Resources 40 0 X 148416 0 31563 Melissa Vaughan Chief Compliance Officer & General Counsel 21 0 X 117900 0 4587 Charles Bull Board Chairman 10 0 X X 65244 0 0 Dr Juan Casillas Director, Board Secretary 5 0 X X 54797 0 0 Yvonne Hall Director 5 0 X 54797 0 0 Arthur Baldonado Director 5 0 X 53297 0 0 1812267 62008 294537 7 0 1 0 Barclay Damon LLP PO Box 1265 Albany NY 12201 Legal 189941 Liscarnan Solutions LLC 308 Charleston Lane Chapel Hill NC 27517 Financial Consulting 120375 2 0 0 0 0 151763 0 0 151763 Program Revenue - Portfolio Management 522291 1146410 1146410 0 0 Management Fees and Related Interest 522291 1245632 1245632 0 0 0 0 0 0 2392042 457021 0 0 457021 0 0 0 0 0 0 0 0 0 0 8928235 0 9081404 0 -153169 0 -153169 0 0 -153169 0 0 2847657 2392042 0 303852 0 0 0 0 0 0 0 0 1448532 1117469 331063 0 0 0 0 0 50440 27868 22572 0 45071 22535 22536 0 117791 100122 17669 0 106823 101561 5262 0 0 0 0 0 3666 0 3666 0 40476 0 40476 0 0 0 0 0 0 0 36818 0 36818 0 83820 82725 1095 0 0 0 0 0 146267 124327 21940 0 33230 28245 4985 0 0 0 0 0 78489 66716 11773 0 49847 42370 7477 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7724 6179 1545 0 58146 58146 0 Student Loan Program Costs 40640 40640 0 0 Association Dues 14194 14194 0 0 Taxes 1023 0 1023 0 Bank Charges 306 0 306 0 2363303 1774951 588352 0 49507 115368 460821 235859 0 0 1574246 7968097 0 0 0 0 4060731 4184242 0 0 83473 78510 241375 237519 11580 3856 10639751 5126228 0 0 0 0 0 0 4743 4675 16884852 17716835 254902 199215 0 0 0 0 0 0 0 0 0 0 0 0 0 3450 63772 258352 262987 X 16626500 17453848 0 0 16626500 17453848 16884852 17716835 484354 342994 0 0 0 0 X 0 1 X 1 0 X X 1 California Education Assistance Inc 953705585 10 0 275197 0 1 275197 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 Schedule A, Part IV, Section A, Line 1 California Education Assistance, Inc (CEA) is a publicly supported organization which is closely related in purpose and function to those publicly supported organizations referred to in the corporation's organizing document without being designated by name. Historically ALL Management Corporation has supported CEA since its inception in 1993. Schedule A, Part IV, Section E, Line 2a Supported Cal Ed's mission by identifying and negotiating a contract that provides counseling support for community college students to support a successful transition to a 4-year school or a degree. Also, provided services to manage Cal Ed's investments in subsidiaries that owned several student loan indentures. All of ALLMC's employees contributed to these activities. Schedule A, Part IV, Section E, Line 2b Since Cal Ed has no staff it contracts with ALL Management Corporation's employees for cash management, accounting services, compliance services, and administration of its wholly owned subsidiary ALLIOC's student loan portfolio. 0 0 0 0 0 0 0 0 6004 5253 751 0 59790 56685 3105 0 175581 175581 0 3856 0 Refundable Advance 63000 Deferred Rent 772 63772 X 3153833 342994 0 0 0 342994 2810839 36818 0 36818 2847657 2326485 0 0 0 0 0 2326485 36818 0 36818 2363303 Schedule D, Part X, Line 2 The Entity evaluated whether it had uncertain tax positions that should be recognized in the Entity's financial statements based on a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The accounting for uncertain tax positions also provides guidance on derecognition, classification, interest, and penalties, accounting for interim periods, disclosures, and transition. Based on the Entity's evaluation, they have concluded that there are no significant uncertain tax positions requiring recognition in our financial statements at June 30, 2023. Interest and penalties related to uncertain tax position will be recognized in income tax expense when incurred. As of June 30, 2023, the Entity had no interest and penalties related to uncertain tax positions. X 0 0 0 0 0 0 0 0 0 William D Markenson Chief Executive Officer 345582 62008 0 0 28545 0 20250 0 31754 0 426131 62008 0 0 William R Hansen Chief Administrative Officer 353100 0 30200 0 0 0 20250 0 48532 0 452082 0 0 0 Michael Grace Managing Director Financial and Accounting Services 219250 0 31326 0 0 0 18581 0 37904 0 307061 0 0 0 Neeta Singh Sharma Enterprise and Data Architect 150198 0 0 0 16932 0 12542 0 23582 0 203254 0 0 0 Ephraim Floresca Manager, Analytics, Reporting and Technology 127725 0 0 0 14958 0 10856 0 34136 0 187675 0 0 0 Sheryl Levy Director, Human Resources 132130 0 0 0 16286 0 11175 0 20388 0 179979 0 0 0 Form 990, Part VI, Section B, Line 11b The Form 990 is prepared internally, then reviewed by the Chief Administrative Officer for completeness. After review by management, a final version of the Form 990 is sent for review to all board members prior to filing. The Board then communicates any Form 990 questions or issues they have with management. Any modifications required from this review are made prior to signature by an authorized corporate officer and filing. Form 990, Part VI, Section B, Line 12c The Corporation requires an annual conflict of interest statement by each of the directors, officers, and key employees of the organization. This statement certifies that the covered individual has received a copy of the Conflicts of Interest Policy; that he or she has read and understood the Conflicts of Interest Policy; and that he or she has agreed to comply with the Conflicts of Interest Policy. In addition, each is required to disclose any organizations in which he or she serves as a board member or receives compensation and also required to disclose any exceptions to this policy for the year. This statement is collected annually for each covered individual at the end of the fiscal year and is reviewed by the corporate counsel to insure compliance with the policy. Form 990, Part VI, Section B, Line 15 The Board of Directors of the Corporation determines the compensation of the CEO and corporate officers utilizing the services of an independent compensation consultant. This consultant provides a compensation analysis based on salary surveys of similar organizations provided every 2 or 3 years. The most recent analysis was performed in 2021. All proceedings related to compensation are recorded in the Board minutes. Form 990, Part VI, Section C, Line 19 The organization's governing documents and annual information returns are available to the public upon request in accordance with the IRS exempt organization public disclosure requirements. Financial statements and conflict of interest policy are not made available to the public. Form 990, Part VII, Section A, Line 1a An independent compensation consultant is utilized in determining the compensation for the Board of Directors. Reportable compensation for the independent members of the Board of Directors (Part VI, Section A) in this section is primarily related to Board activity. The most recent analysis was performed in 2021. California Education Assistance Inc 840 Apollo St Suite 306 El Segundo CA 90245 953705585 Finance Student Loans CA 501(c)(3) 10 N/A 0 ALL Student Loan Resources Corporation 840 Apollo Street Suite 306 El Segundo CA 90245 954627973 Management Services CA 501(c)(3) PF N/A 0 ALL Student Credit Corporation 840 Apollo Street Suite 306 El Segundo CA 90245 954674774 Finance Post Secondary Education CA 501(c)(3) PF N/A 0 ALL Student Loan Finance Corporation 840 Apollo Street Suite 306 El Segundo CA 90245 954674769 Originate and Purchase Student Loans CA 501(c)(3) PF N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 California Education Assistance Inc d 6393851 Increase in accounts receivable for loan agreement from prior year California Education Assistance Inc l 2392042 Contractual Amount