2017-08-29T13:21:39-05:00 2016-12-31 ERNST & YOUNG US LLP 155 N Wacker Drive Chicago IL 60606 990 2016-01-01 391853833 Great Lakes Higher Education Guaranty Corp % HOPE MERRY GREA 6082461744 2401 International Lane Madison WI 53704 RICHARD GEORGE President & CEO 6082461408 2017-08-25 JACOB ZEHNDER P01564049 3128792000 97.77.198.2 36964520172415000001 2017-08-29 P 65F0DF251A281CAD23E2EB75EB97BBA013C66414 C9DBECFA4D5F977949E071EAE3D03995FD0A4C0E 2016 2021-01-29 14:40:06Z Richard D George 2401 International Lane Madison WI 53704 234389093 false X www.mygreatlakes.org X 1996 WI OPERATES TO PROVIDE COST EFFECTIVE ACCESS TO POST-SECONDARY EDUCATION BY PROVIDING GUARANTY SERVICES TO BROADEN FEDERALLY GUARANTEED LOAN AVAILABILITY. X 7 6 204 0 0 0 225000 225000 193353717 222226492 -1863348 3248125 6954440 8688950 198669809 234388567 21829150 26123776 0 0 11790864 11851399 0 0 0 71350530 96166310 104970544 134141485 93699265 100247082 670326984 571437193 33857502 35367063 636469482 536070130 X GREAT LAKES HIGHER EDUCATION CORPORATION OPERATES TO PROVIDE FOR PHILANTHROPIC SUPPORT AND COST EFFECTIVE ENABLEMENT OF ACCESS TO AND PERSISTENCE IN POST-SECONDARY EDUCATION BY PROVIDING FULL-RANGE GUARANTY AGENCY SERVICES AND GRANT SUPPORT TO FUNDING SOURCES, EDUCATIONAL INSTITUTIONS, CHARITABLE ORGANIZATIONS, AND OTHERS TO BROADEN FEDERALLY GUARANTEED LOAN AVAILABILITY AND PURSUIT OF AND PARTICIPATION IN POST-SECONDARY EDUCATION IN ACCORDANCE WITH THE FEDERAL HIGHER EDUCATION ACT OF 1965, AS AMENDED. THIS MISSION STATEMENT HAS BEEN REVIEWED, ACKNOWLEDGED AND INFORMALLY APPROVED BY THE BOARD. false false 130675387 26123776 222226492 Great Lakes Higher Education Guaranty Corporation operates to provide for philanthropic support and cost effective enablement of access to and persistence in post-secondary education by providing full-range guaranty agency services and grant support to funding sources, educational institutions, charitable organizations, and others to broaden federally guaranteed loan availability and pursuit of and participation in post-secondary education in accordance with the Federal Higher Education Act of 1965, as amended. 130675387 true true false false false false false false true false true false false false true false false true false false false false false false false false false true true true false false false false false false false true false false false true false true true true false false true 124621 0 true 204 true false false false false false false false false false false X 7 6 false false false false true true true true true false false true true true true true true false true false X HOPE MERRY 6082461754 2401 INTERNATIONAL LANE Madison WI 53704 X Emerson L Brumback 1 Director/Committee Chairman 1.0 2.0 X 8450 8450 0 David J Hanson 14 Director/Secretary 1.0 2.0 X 0 0 0 Thomas A Scarlett 1 Director 3.0 0.0 X 16900 0 0 Cynthia Walsh 1 Director 3.0 0.0 X 20700 0 0 Richard A Weiss 1 Director 1.0 2.0 X 6900 13800 0 Richard D George 23 Chairman/Pres/Ceo/Treasurer 1.0 59.0 X X 0 841770 65947 Mary Burke 1 Director 1.0 2.0 X 5633 11266 0 Amy Kobishop 3 VP - Community Investments 50.0 0.0 X 265931 0 34167 Beth Erickson 3 VP - Repayment Solutions 50.0 0.0 X 264188 0 46785 Jacqueline Fairbairn 3 VP - Policy/Regul Compliance 49.0 1.0 X 258339 0 62056 Rebecca Rapp 3 Gen. Counsel & Asst Secretary 1.0 49.0 X 0 256500 60776 Ellen Welke Director - Default Collections 45.0 0.0 X 128443 0 36018 JASON E RASMUSEN DIRECTOR - STRAT COMMUNICATION 45.0 0.0 X 141641 0 44711 BENJAMIN P DOBNER DIRECTOR - COMM INVESTMENTS 45.0 0.0 X 115577 0 24308 Kira Cortese Creative Director 45.0 0.0 X 114390 0 28262 Marcia Hoffman Sr Business Systems Analyst 45.0 0.0 X 100533 0 13257 Kristi Myers Systems Integration Analyst 45.0 0.0 X 105392 0 21076 1553017 1131786 437363 17 false true false 0 225000 225000 COLLECTIONS & REHABILITATIONS 900099 198933235 198933235 ACCOUNT MAINTENANCE FEES 900099 17359369 17359369 DEFAULT AVERSION FEES 900099 5933888 5933888 222226492 3248651 3248651 0 0 0 0 0 0 526 -526 -526 -526 0 0 0 0 0 0 0 0 0 ALL OTHER REVENUE 900099 40956 40956 GLHEGC/MDHE CONTRACT 900099 8647994 8647994 8688950 234388567 222226492 11937075 X 20049841 20049841 6073935 6073935 0 0 1148413 944706 203707 0 7935914 7669317 266597 762431 734007 28424 1435507 1384844 50663 569134 550375 18759 0 33072 33072 8225 8225 0 0 0 190929 190929 39944 39944 1079497 1079497 0 0 420302 420302 170835 162494 8341 0 49963 49963 0 0 17450 17450 0 BORROWER SKIP TRACING 284155 284155 COLLECTION FEES 38478504 38478504 CORP SUPPORT FUNC ALLOCATION 18136237 15287927 2848310 DISCOUNT-REHAB LOANS 28601622 28601622 8655575 8655575 134141485 130675387 3466098 0 1545709 1301886 653438231 377932120 0 0 5263534 7241859 0 0 0 0 0 0 0 0 1111515 849332 445431 342262 130298 103169 0 169797351 0 0 0 0 0 0 8837697 14211476 670326984 571437193 7092107 11681684 0 0 4488077 4561092 0 0 0 0 0 0 0 0 0 0 22277318 19124287 33857502 35367063 X 636469482 536070130 0 0 0 0 636469482 536070130 670326984 571437193 X 100247082 -626882 -200019552 X false true X true true true X 2125064 38389965 225000 225000 225000 41190029 167860113 223964710 179406916 193353717 222226492 986811948 0 0 0 169985177 262354675 179631916 193578717 222451492 1028001977 0 0 0 0 0 0 0 0 0 0 0 0 0 1028001977 2583544 2877074 3549668 1692133 3248651 13951070 0 2583544 2877074 3549668 1692133 3248651 13951070 0 7689 655 1041331 6954440 8688950 16693065 172576410 265232404 184222915 202225290 234389093 1058646112 0.97105 0.97835 0.01318 0.01339 X Schedule A, Part II, Section B, Line 12 - Other Income per year reported *2011 - $47,500 - EAC ELM Redemption *2011 - $12,000 - Dakota Corp Administrative Services Fee *2014 - $1,030,534 - Missouri Department of Higher Education Contract *2015 - $6,954,126 - Missouri Department of Higher Education Contract *2016 - $8,647,994 - Missouri Department of Higher Education Contract RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 202644647 32376761 4018332 231003076 false 406251 304595 101656 39180 37667 1513 103169 0 RESERVE-DEFAULT AVERSION FEES 15395504 INTERCOMPANY & MISC. PAYABLES 3478846 COMPENSATION PLAN PAYABLE 249937 19124287 Form 990 Part IV, Line 9 and Schedule D, Part IV One aspect of the full-range guaranty services is to provide collection assistance to lenders for delinquent loans. This includes contacting the borrower to attempt to restore the loan to a current status through various options. This contact also involves educating and/or counseling borrowers. In addition, GLHEGC provides direct support of personal financial management education, financial aid awareness and college access initiatives, and guidance and counsel on consolidation loans and loan rehabilitation under the Federal Higher Education Act of 1965, as amended. Schedule D, Part IV, Line 1B CUSTODIAL ACCOUNT: GREAT LAKES HIGHER EDUCATION GUARANTY CORPORATION (GLHEGC) CONDUCTS ACTIVITY RELATED TO THE GUARANTEE OF STUDENT LOANS MADE TO POST-SECONDARY EDUCATION STUDENTS AND TO THEIR PARENTS IN ACCORDANCE WITH THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (PROGRAM) ESTABLISHED BY TITLE IV, PART B OF THE FEDERAL HIGHER EDUCATION ACT OF 1965, AS AMENDED, AND THE ADMINISTRATION OF CERTAIN NET ASSETS OF THE PROGRAM. THE HIGHER EDUCATION AMENDMENTS OF 1998 (1998 AMENDMENTS) WERE ENACTED ON OCTOBER 7, 1998, WITH AN EFFECTIVE DATE OF OCTOBER 1, 1998. PURSUANT TO THE 1998 AMENDMENTS, GLHEGC ESTABLISHED A FEDERAL STUDENT LOAN RESERVE FUND (FSLRF) TO ACCOUNT FOR PROGRAM ACTIVITIES. THE FSLRF ASSETS AND EARNINGS ON THOSE ASSETS ARE THE PROPERTY OF THE FEDERAL GOVERNMENT. SINCE THE FSLRF ASSETS ARE THE PROPERTY OF THE UNITED STATES GOVERNMENT, THE ACCOUNTS AND ACTIVITIES OF THE FSLRF ARE NOT INCLUDED IN THE GLHEGC FORM 990, PART X. GLHEGC EXERCISES THE LEVEL OF CARE REQUIRED OF A FIDUCIARY CHARGED WITH THE DUTY OF PROTECTING, INVESTING AND ADMINISTERING THESE ASSETS. true UW-Eau Claire 105 Garfield Avenue Eau Claire WI 54702 396006492 GOVT 114975 Career Ready Internship Grant UW-Green Bay 2420 Nicolet Drive Green Bay WI 54311 391805963 Govt 147426 Career Ready Internship Grant Alverno College 3400 South 43rd Street Milwaukee WI 53234 390806263 501(c)(3) 120129 College Ready Programs Boys and Girls Club of Dane County 2001 Taft Street Madison WI 53713 391925617 501(c)(3) 508049 College Ready Grant; AVID/TOPS Program Council for Opportunity in Education 1025 Vermont Avenue NW Suite 900 WASHINGTON DC 20005 521221301 501(c)(3) 10000 Sponsorship of Annual Conference Chippewa Valley Technical College 620 W Clairemont Ave Eau Claire WI 54701 391096972 501(C)(3) 21750 Staff training grant Marquette University 1324 W Wisconsin Ave Suite 341 Milwaukee WI 53233 390806251 501(c)(3) 139855 Career Ready Internship Grant Madison Area Technical College 3550 Anderson Street Madison WI 53704 391086718 Govt 39300 Dash Emergency Grant for Pell Grant Recipients United Community Center 1028 South 9th Street Milwaukee WI 53204 391146191 501(c)(3) 167866 Abriendo Puertas Program Grant United Way of Dane County 2059 Atwood Avenue Madison WI 53704 390817532 501(c)(3) 12000 Sponsorship of Loaned Executive UW-Oshkosh 800 Algoma Blvd Oshkosh WI 54901 391805963 Govt 195195 Career Ready Grant UW-Superior 780 Regent St Suite 255 Madison WI 53715 391805963 Govt 98315 Career Ready Internship Program Milwaukee Public Schools 5225 W Vliet Street PO Box 2181 Milwaukee WI 53201 396003457 Govt 357999 College Access Center Milwaukee Area Technical College 700 West State Street Milwaukee WI 53233 391341603 501(c)(3) 372540 College Ready Grant Cardinal Stritch University 6801 N Yates Road Milwaukee WI 53217 390806196 501(c)(3) 176274 Career Ready Internship Grants Carthage College 2001 Alford Park Drive Kenosha WI 53140 370661496 501(c)(3) 145155 Career Ready Internship Grant College Possible 540 Fairview Ave N St Paul MN 55104 411968798 501(c)(3) 1219000 College Possible Programs; Ensuring Sustainability Program Grantmakers for Education 720 SW Washington Street Suite 605 Portland OR 97205 330919329 501(c)(3) 38400 Support Postsecondary Access & Attainment Impact Group; Conference Sponsorship Iowa Western Community College 2700 College Rd Council Bluffs IA 51503 421224333 501(c)(3) 29500 Dash Emergency Grant for Pell Grant Recipients National College Access Network 1001 Connecticut Ave Washington DC 20036 311793562 501(c)(3) 23240 National Conference Sponsorship Grant; Sponsor other Memberships Northstar Education Services LLC 2401 International Lane Madison WI 53704 461047811 LLC-DISREGARDED 126480 GradReady Grant Regents - University of Minnesota 56 E River Road Minneapolis MN 554550364 416007513 501(c)(3) 355519 College Ready & Career Ready Grants Silver Lake College 2406 S Alverno Road Manitowoc WI 54220 390980974 501(c)(3) 155713 Career Ready Internship Grant UW-Madison 432 N Murray Street Madison WI 53706 391805963 Govt 340777 College Ready Program Grant UW-Milwaukee School of Continuing Education Drawer No 491 Milwaukee WI 532930491 391805963 Govt 10000 Grant for Staff Training UW-Stevens Point Stdt Services Ctr Stevens Point WI 54481 391805963 Govt 92438 Career Ready Internship Grant Viterbo University 900 Viterbo Drive La Crosse WI 546018804 390978445 501(c)(3) 179652 Career Ready Internship Grant Ashland University 401 College Avenue Ashland OH 44691 340714626 501(c)(3) 206880 Career Ready Internship Grant Augsburg College 2211 Riverside Ave Minneapolis MN 554541351 410694721 501(c)(3) 97418 Career Ready Internship Grant Board of Regents of UW System 1305 Linden Drive 205 UW Madison Madison WI 537061523 391805963 2049993 Career Ready Internship Grant; APLUS Wave Program; CIRTL STEM Faculty Prep Boscobel Area Schools 1110 Park Street Boscobel WI 53805 396001041 GOVT 7402 Unite for our Communities Campaign Carnegie Foundation-Advancement of Teaching 51 Vista Lane Stanford CA 94305 131623924 501(c)(3) 511389 Expansion of Community College Pathways Program (CCPP) Friends of Saint Paul College 235 Marshall Avenue St Paul MN 55102 271631689 501(c)(3) 201316 College Ready Grant Wisconsin Higher Education Aids Board HEAB 131 W Wilson Street Suite 902 Madison WI 53703 391051231 Govt. 1637841 STEM Success Scholarship Funding Hiram College PO Box 1808 Hiram OH 44234 340714670 501(c)(3) 166988 Career Ready Internship Grant Jefferson School for the Arts 1800 E Avenue Stevens Point WI 544813709 396004667 GOVT 6057 Unite for our Communities Campaign John Carroll University 1 John Carroll Blvd University Heights OH 441184538 340714681 501(c)(3) 159517 Career Ready Internship Grant Kent State University PO Box 5190 232 Schwartz Center Kent OH 44242 316402079 GOVT 454071 Career Ready Internship Grant Lakeshore Elementary School 711 Lake Street Eau Claire WI 547035477 396001817 GOVT 6852 Unite for Our Communities Campaign Loras College 1450 Alta Vista Street Dubuque IA 52001 420680412 501(c)(3) 219606 Career Ready Internship Grant MDRC 16 East 34th Street New York NY 10016 237379473 501(c)(3) 2467401 Grant for MDRC's Replication of Accelerated Study in Association Programs (ASAP) at Community Colleges in Ohio Metropolitan State University Foundation 700 7th Street E Saint Paul MN 551065003 237296162 501(c)(3) 200001 Career Ready Internship Grant Rainwater Elementary School 1408 E Frankford Rd Carrollton TX 750075624 756000328 GOVT 5038 Unite for Our Communities Campaign Simpson College 701 N C Street Indianola IA 501251202 420680389 501(c)(3) 97926 Career Ready Internship Grant St Catherine University 2004 Randolph Ave Saint Paul MN 551051789 410695509 501(c)(3) 188508 Career Ready Internship Grant Trustees of Hamline Univ of Minnesota 1536 Hewitt Ave Saint Paul MN 55104 410693960 501(c)(3) 132095 Career Ready Internship Grant University of Findlay 1000 N Main St Findlay OH 458403653 344431169 501(c)(3) 125508 Career Ready Internship Grant University of Minnesota c/o The University Tax Management O 2221 University Ave SE Ste 100 Minneapolis MN 55414 416007513 Govt 156400 Career Ready Internship Grant University of Northwestern-St Paul 3003 Snelling Ave N St Paul MN 551131501 410711610 501(c)(3) 131788 Career Ready Internship Grant Association of Public & Land-Grant Universities 1307 New York Avenue NW Suite 400 Washington DC 20005 530183246 501(c)(3) 200000 Completion Grant Development & Implementation Association of American Colleges & Universities 1818 R Street NW Washington DC 20009 521945674 501(c)(3) 50000 Community of Practice Convening Grant Civic Nation 1415 Chapin St NW 208 Washington DC 20009 473576918 501(c)(3) 125000 College Promise Campaign Grant; Promise Net Fall Conference College Now Greater Cleveland Inc 50 Public Square Ste 1800 Cleveland OH 44113 346580096 501(c)(3) 286362 College Ready Grant Denison University PO Box 810 Granville OH 43023 314379459 501(c)(3) 87375 Career Ready Internship Grant Excelencia in Education 1717 N St N W 2nd Fl Washington DC 20036 200927912 501(c)(3) 209283 Latino Student Success Funders Group Madison Metropolitan School District 545 W Dayton Street Madison WI 53703 396003202 GOVT 108003 Unite for Our Communities Campaign; Summer Melt Intervention Grant Marietta College 215 Fifth Street Marietta OH 45750 314379584 501(c)(3) 123716 Career Ready Internship Grant Minnesota Council on Foundations 800 Washington Ave N Ste 703 Minneapolis MN 554012759 411269275 501(c)(3) 5325 Membership investment grant Ohio Association of Community Colleges 175 S 3rd St Suite 560 Columbus OH 43215 311391013 Govt 72435 Student Success Leadership Institute Expansion Ohio University West Union St Office Center Ste 20 Athens OH 45701 316402113 Govt 131614 Career Ready Internship Grant School District of Janesville 527 S Franklin St Janesville WI 53548 396002726 GOVT 11975 Summer Melt Intervention Stark State College Foundation 6200 Frank Ave NW North Canton OH 44720 341577595 501(c)(3) 283560 College Ready Program; Dash Emergency Grant for Pell Grant Recipients Stevens Point Area Public School District 1900 Polk Street Stevens Point WI 54481 396004667 GOVT 16351 Summer Melt Intervention Tiffin University 155 Miami Street Tiffin OH 44883 344427516 501(c)(3) 143210 Career Ready Internship Grant William Penn University 201 Trueblood Avenue Oskaloosa IA 52577 420707120 501(c)(3) 68250 Career Ready Internship Program Achieving The Dream Inc 8403 Colesville Rd Suite 450 Silver Spring MD 209106355 271635830 501(c)(3) 1080402 Coaching Model Transformation, Open Educational Resources, Engaging Adjunct Faculty in Student Success Blackhawk Tech College Foundation Inc 6004 S County Road G Janesville WI 535475009 391391659 501(c)(3) 21700 Dash Emergency Grant Program for Pell Grant Recipients Bottom Line 500 Amory St Ste 3 Boston MA 021302775 043351427 501(c)(3) 50000 Low income, first-generation student college grants Central Lakes College Foundation 501 W College Dr Brainerd MN 564013904 237007111 501(c)(3) 19700 Dash Emergency Grant for Pell Grant Recipients Central Ohio Technical College 1179 University Drive Newark OH 43076 310802020 GOVT 19700 Dash Emergency Grant for Pell Grant Recipients Chippewa Valley Tech College Foundation Inc 620 W Clairemont Ave Eau Claire WI 54701 391233557 501(c)(3) 22373 Dash Emergency Grant for Pell Grant Receipients Clarke State Community College Foundation 570 E Leffel Lane Springfield OH 45505 310937036 501(c)(3) 26642 Dash Emergency Grant for Pell Grant Recipients Competitive Wisconsin Foundation Inc 44 E Mifflin Suite 404 Madison WI 53704 454619795 501(c)(3) 25000 Start-up costs for Blue Ribbon Commission on Wisconsins Workforce Corporation for Enterprise Development 1200 G Steet NW Suite 400 Washington DC 20005 521141804 501(c)(3) 12500 Children's Savings Acct Design & Implementation in Milwaukee WI Defiance College 701 North Clinton Street Defiance OH 43512 344430762 501(c)(3) 41922 Career Ready Internship Program Eastern Gateway Community College 4000 Sunset Blvd Steubenville OH 43952 341015707 GOVT 11554 Dash Emergency Grant for Pell Grant recipients Education Commission of the States 700 N Broadway Suite 810 Denver CO 80203 310722194 501(c)(3) 450000 Scaling of Core Principles for collaboration between funders and service providers. Hawkeye Community College Foundation 1501 E Orange Rd PO BOX 8015 Waterloo IA 507048015 426123782 501(c)(3) 29500 Dash Emergency Grant for Pell Grant Recipients Heidelberg University 310 E Market Street Tiffin OH 44883 344428219 501(c)(3) 73138 Career Ready Internship Program Hennepin Tech College Foundation 9000 Brooklyn Blvd Brooklyn Park MN 55445 411943149 501(c)(3) 24500 Dash Emergency Grant for Pell Grant Recipients John Barry Elementary 22 Liberty Street Meriden CT 06450 066001893 GOVT 5820 Unite for Our Communities Campaign Lakeland University W3718 South Drive Plymouth WI 530734878 390821861 501(c)(3) 127340 Career Ready Internship Program Lorain County Community College 1005 North Abbe Rd Elyria OH 44035 340930187 GOVT 39300 Dash Emergency Grant for Pell Grant Recipients Madison Area Tech College Foundation Inc 3591 Anderson Street Madison WI 53703 237265867 501(c)(3) 46700 Dash Emergency Grant for Pell Grant Recipients Mid-State Technical College Foundation Inc 500 32nd Street North Wisconsin Rapids WI 54494 391333783 501(c)(3) 19700 Dash Emergency Grant for Pell Grant Recipients Milwaukee Public Schools Foundation Inc 5225 West Vilet St Milwaukee WI 53208 391929112 501(c)(3) 50000 TEAM Up College Access Centers Moreland Arts & Health Sciences Magnet School 1897 Delaware Ave Mendota Heights MN 554012759 416007628 GOVT 10373 Unite for Our Communities Campaign Great Lakes Educational Loan Services Inc 2401 International Lane Madison WI 53704 391864035 C Corp 76995 Grad Ready Grant Lakeland Community College 7700 Clocktower Drive Kirtland OH 44094 341011011 GOVT 19700 Dash Emergency Grant for Pell Grant Recipients Normandale Community College Foundation 9700 France Ave S Bloomington MN 55431 411295802 501(c)(3) 29498 Dash Emergency Grant for Pell Grant Recipients North Central State College 2441 Kenwood Circle Mansfield OH 44906 341038108 GOVT 16840 Dash Emergency Grant for Pell Grant Recipients Northcentral Tech College Foundation Inc 1000 W Campus Drive Wausau WI 54401 391266481 501(c)(3) 17028 Dash Emergency Grant for Pell Grant Recipients Northeast Iowa Community College PO Box 400 Calmar IA 52132 420924711 GOVT 17200 Dash Emergency Grant for Pell Grant Recipients Northeast Wisconsin Technical Colllege Educational 2740 West Mason St PO Box 19042 Green Bay WI 543079042 237069405 501(c)(3) 29500 Dash Emergency Grant for Pell Grant Recipients Northwest Iowa Community College 603 West Park St Sheldon IA 51201 420926341 501(c)(3) 8395 Dash Emergency Grant for Pell Grant Recipients OM Tiffany Elementary School 1224 S 3rd Street Aberdeen SD 57401 466000912 GOVT 39456 Unite for Our Communities Campaign One City Early Learning Centers Inc 16 N Carroll St Ste 530 Madison WI 471490574 471490574 501(c)(3) 40800 Preschool Enrollment Program Operation Fresh Start Inc 1925 Winnebago St Madison WI 53704 237108090 501(c)(3) 100000 Building Futures Campaign Pine Technical & Community College 900 4th Street SE Pine City MN 55063 411687554 GOVT 19700 Dash Emergency Grant for Pell Grant Recipients Rand Corporation 1776 Main Street PO Box 2138 Santa Monica CA 904072138 951958142 501 (c)(3) 171429 Sponsor study to identify programs and models that excel in helping the incarcarated get a higher education. Riverland Community College Foundation 1900 8th Ave NW Austin MN 55912 411286409 501 (c)(3) 17048 Dash Emergency Grant for Pell Grant Recipients Rochester Community & Tech College 30 7th St E Suite 350 St Paul MN 55101 411687554 GOVT 29500 Dash Emergency Grant for Pell Grant Recipients South Central College North Mankato Campus Foundtn 1920 Lee Blvd North Mankato MN 56003 411649572 501(c)(3) 19700 Dash Emergency Grant for Pell Grant Recipients Southwest Wisconsin Technical College 1800 Bronson Blvd Fennimore WI 53809 391088496 GOVT 19700 Dash Emergency Grant for Pell Grant Recipients Teachers College 525 West 120th Street New York NY 10027 131624202 501(c)(3) 463384 Community College Research Grant; Scaling Guided Pathway Reform University of Texas at Austin 1616 Guadalupe St Suite 3206 Austin TX 78701 746000203 GOVT 188654 New Mathways Arkansas Scaling Project (Dana Center) Vermilion Community College Foundation Inc 259 Vine Street Clinton IN 47842 351998550 501(c)(3) 15000 Dash Emergency Grant for Pell Grant Recipients Waukesha County Technical College 800 Main St Pewaukee WI 53072 396005054 GOVT 29500 Dash Emergency Grant for Pell Grant Recipients Wisconsin Indianhead Tech College Foundation Inc 505 Pine Ridge Drive Shell Lake WI 54871 391313438 501(c)(3) 14700 Dash Emergency Grant for Pell Grant Recipients Wisconsin Philanthropy Network 759 N Milwaukee St Suite 512 Milwaukee WI 53202 396236498 501(c)(3) 8750 Network Membership Wisconsin School Counselor Assoc 2820 Walton Commons Ln Ste 103 Madison WI 537186797 260393127 501(c)(6) 21250 Support for Counselor Training Wisconsin Tech College System Foundation Inc 6602 Normandy Lane Madison WI 53719 391273103 501(c)(3) 25000 Grant to support apprenticeship program Zane State College 1555 Newark Road Zanesville OH 43701 310796550 GOVT 18631 Dash Emergency Grant for Pell Grant Recipients 109 4 Wisconsin Covenant Scholar Program 2838 3892512 College Access Advising 43785 1981423 Jim Elliott Apprentice Scholarship 20 20000 Tools of the Trade Scholarship 180 180000 Form 990, Schedule I - Part III, Line 1 Great Lakes Higher Education Guaranty Corporation (GLHEGC) received periodic reports detailing the distribution of the Wisconsin Covenant Scholar grant funds to postsecondary schools (who disbursed the grants directly to the recipients). The recipients were determined based on criteria defined by the Program and no individual recipient receives more than $1,500 per year. Form 990, Schedule I - Part III, Line 2 The College Access Advising team provides workshops, free materials, and one-on-one advising to students, parents and high school counselors across Wisconsin and South Dakota. GLHEGC tracks the number of recipients of these services and no individual recipient receives a benefit greater than $500. Form 990, Schedule I - Part III, Line 3 The Jim Elliott Apprentice Scholarship program is to benefit construction trade apprentices, to be applied toward the cost of tuition, books, work clothes and tools. The recipients were determined based on criteria defined by the program and no individual recipient receives more than $1,000 per year. Form 990, Schedule I - Part III, Line 4 Tools of the Trade Apprentice Scholarship program to benefit construction and industrial trade apprentices, to be applied toward the cost of tuition, books, work clothes and tools. The recipients were determined based on criteria defined by the program and no individual recipient receives more than $1,000 per year. Form 990, Schedule I - Part I, Line 2 Description of Organization's Procedures for Monitoring the use of Grants in the United States: Great Lakes Higher Education Guaranty Corporation (GLHEGC) receives periodic reports from funded programs to determine whether the program is successfully meeting its goals and objectives, and whether the provided funds were appropriately expended. GlHEGC's staff conducts site visits to college access supported programs to observe the program. Where practicable, the disbursements are scheduled to coincide with program activities. false true false false false false false false false Richard D George 23 Chairman/Pres/Ceo/Treasurer 0 310913 0 315585 0 215272 0 44845 0 21102 0 907717 0 0 Amy Kobishop 3 VP - Community Investments 135000 0 130524 0 407 0 31800 0 2367 0 300098 0 0 0 Beth Erickson 3 VP - Repayment Solutions 132437 0 130611 0 1140 0 31891 0 14894 0 310973 0 0 0 Jacqueline Fairbairn 3 VP - Policy/Regul Compliance 127170 0 130538 0 631 0 31218 0 30838 0 320395 0 0 0 Ellen Welke Director - Default Collections 100388 0 26727 0 1328 0 16111 0 19907 0 164461 0 0 0 JASON E RASMUSEN DIRECTOR - STRAT COMMUNICATION 120156 0 20873 0 612 0 18457 0 26254 0 186352 0 0 0 Rebecca Rapp 3 Gen. Counsel & Asst Secretary 0 125637 0 130585 0 278 0 33254 0 27522 0 317276 0 0 Supplemental Compensation Information The Following individual participated in a supplemental nonqualified retirement plan: Richard George. There were no new payments into the plan. The supplemental nonqualified plan (OptionIt Plan) was in effect for four years (1998-2001), awarded in each of the subsequent years (1999-2002) and was offered by the employer to management and staff for retention purposes. Per the terms of the plan, withdrawals are required no later than fifteen years after the initial award date. Great Lakes Educational Loan Svcs Contrl Ent/officer ovrlap 424140 GLHEGC Bldg Rent to GLELSI false Great Lakes Educational Loan Svcs Contrl Ent/officer ovrlap 3209415 Intercompany Reimb. to GLELSI false Description of Transactions Great Lakes Educational Loan Services, Inc. is a for-profit subsidiary of Great Lakes Higher Education Corporation. Richard D. George serves as the Chairman and Treasurer, and the President and CEO of Great Lakes Higher Education Guaranty Corporation. He also serves as the Chairman of Great Lakes Educational Loan Services, Inc. Cash & Cash Equivalents 2016-12-15 200019552 391090394 Great Lakes Higher Education Corpor 2401 International Lane Madison WI 53704 501(c)(3) Cash & Cash Equivalents 2016-12-15 200019552 391090394 Great Lakes Higher Education Corpor 2401 International Lane Madison WI 53704 501(c)(3) true false false false Part II, Line 2A Organization's transfer to Great Lakes Higher Education Corporation: Three Officers and Five Directors are Officers and Directors, respectively, in the Transferor and the Transferee Corporations (Related Tax-Expempt Organization). The overlapping officers include Richard George, Rebecca Rapp, Jacqueline Fairbairn. The overlapping directors include Emerson Brumback, Mary Burke, Richard George, David Hanson, Richard Weiss. Form 990, Part VI, Question 6 & 7A Great Lakes Higher Education Corporation, a nonprofit 501(c)(3) corporation, is the sole member of Great Lakes Higher Education Guaranty Corporation (GLHEGC) and has the authority to appoint the GLHEGC board. Form 990, Part VI, Question 7b Great Lakes Higher Education Corporation, a nonprofit 501(c)(3) corporation, as sole member of Great Lakes Higher Education Guaranty Corporation (GLHEGC), has the authority provided by Wis. Stats. Chapter 181 to approve certain actions related to merger, conversion, sale of assets and dissolution. Form 990, Part VI, Question 11B On an annual basis, the Chairman of the Board, President and CEO, the Audit Committee and Board review the Form 990 prior to filing. The conflicts of interest questionnaires are completed by each director and reviewed prior to filing the Form 990. Form 990, Part VI, Question 12c Annually, directors and officers sign a conflict of interest document which discloses any conflicts. The signed documents are reviewed annually by the chairman of the board. If a disclosed conflict occurs, the individual abstains from discussion and voting on topics where a conflict of interest exists. All directors, officers and employees are subject to the Human Resources Code of Ethics to maintain the highest ethical and legal standards of business conduct. Form 990, Part VI, Question 19 Availability of governing documents, conflict of interest policy, and financial statements to general public; federal law does not require that such documents be made publicly available. Documents are available upon specific request. Form 990, Part VI, Question 15b The compensation of all of the officers is determined annually by the Personnel Policy Committee of the Board of Directors. The Personnel Policy Committee's report is submitted to the Board of Directors for approval. The decisions are documented in the Board minutes. Every two to three years, an independent compensation study is performed. Currently Great Lakes Higher Education Guarantee Corporation has no key employees to be considered for the compensation process. Part VII, Section A, Line 1a (1) Directors normally attend 3-4 board meetings and 3-4 committee meetings per year in addition to telephonic conferences and individual meetings with officers. Directors devote an average of 1-3 hours per week to their position(s). (2) Inside directors are not eligible for Board compensation. (3) Non-operating officer position not separately compensated. (4) Board compensation is applied to firm retainer for outside counsel services. Form 990, Part IX, Line 24c Allocated expenses include salaries, fringe benefits, supplies and services allocated from Great Lakes Higher Education Corporation for management and administrative services; and the GLHEC/GLELSI agreement expenses for guaranty service activities, technology support and administrative support. Form 990, Part XI, Question 9 -200,019,552 - OPERATING FUND CONTRIBUTION TRANSFER TO GREAT LAKES HIGHER EDUCATION CORPORATION (RELATED COMPANY). Great Lakes Higher Education Corporation 2401 International Lane Madison WI 53704 391090394 Stdnt Ln Svcs WI 501(c)(3) 12B Type II NA false Northstar Guarantee Inc 2401 International Lane Madison WI 53704 411689095 Stdt Rehab Ln MN 501(C)(3) 10 GLHEC true Great Lakes Educational Loan Svcs Inc 2401 International Lane Madison WI 53704 391864035 Student Loan WI NA C Corp true false true false false false false false false false false true false false false false true false false false Great Lakes Educational Loan Services Inc K 424140 FMV Great Lakes Educational Loan Services Inc P 3209266 ACTUAL COST Northstar Education Services LLC b 126480 ACTUAL COST