ACCESSLEX INSTITUTE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- ACCESSLEX INSTITUTE (EIN 23-2719985)
- Tax period
- 2013-04-01 to 2014-03-31
- Filed
- 2015-02-13
- IRS object ID
- 201500449349302270
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-13T14:40:08-06:00 | ReturnTs |
| Tax Period End | 2014-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 700 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232719985 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHRISTOPHER CHAPMAN | InCareOfNm |
| Business Name Control | ACCE | BusinessNameControlTxt |
| Phone | 4846533300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 North High Street | AddressLine1 |
| Address Line2 | Suite 400 | AddressLine2 |
| City | West Chester | City |
| State | PA | State |
| ZIP Code | 19380 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Christopher Chapman | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 4846533362 | PhoneNum |
| Signature | 2015-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frank Giardini | PreparerPersonNm |
| PTIN | P00532355 | PTIN |
| Phone | 4846533362 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Christopher Chapman | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 North High Street Suite 400 | AddressLine1 |
| City | West Chester | City |
| State | PA | State |
| ZIP Code | 19380 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $294,730,073 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.accessgroup.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | The organization provides affordable access to higher education through financial support, educational & other programs/services to help aspiring professionals achieve success | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 108 | TotalEmployeeCnt |
| Total Gross UBI | $389,628 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $313,079 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $248,472,023 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $225,100,822 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,360,345 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,990,395 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,350,000 | PYOtherRevenueAmt |
| CY Other Revenue | $255,651 | CYOtherRevenueAmt |
| PY Total Revenue | $254,182,368 | PYTotalRevenueAmt |
| CY Total Revenue | $245,346,868 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,805,091 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,471,460 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $193,040,600 | PYOtherExpensesAmt |
| CY Other Expenses | $172,537,832 | CYOtherExpensesAmt |
| PY Total Expenses | $201,845,691 | PYTotalExpensesAmt |
| CY Total Expenses | $181,009,292 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $52,336,677 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $64,337,576 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,165,126,062 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,603,521,195 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,784,497,211 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,154,458,549 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $380,628,851 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $449,062,646 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Organization provides affordable access to higher education through financial support, educational programs and other programs and services to help aspiring professionals achieve success. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $173,819,207 | ExpenseAmt |
| Revenue | $224,711,194 | RevenueAmt |
| Desc | The primary activity is in support of the organization's student loan borrowers in facilitating timely repayment through interest rate reduction incentives and providing quality customer service, counseling, issue resolution, default aversion and post default management. In addition, the organization provides continuing development activities around affordable student loan programs and maintenance of infrastructure to promote access to higher education through lending programs offered to students at member and other postsecondary institutions when needed. The organization also provides financial aid literacy services to students and administrators at member and other postsecondary institutions, and offers a needs analysis tool to assist in the efficient delivery of grant aid. | Desc |
| Total Program Service Expenses | $173,819,207 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1697 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 108 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER CHAPMAN | PersonNm |
| Phone | 4846533300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 NORTH HIGH STREET SUITE 400 | AddressLine1 |
| City | West Chester | City |
| State | PA | State |
| ZIP Code | 19380 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Hannah R Arterian | |||||||
| Board Chair | 6.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| W H Knight Jr | |||||||
| Board Vice Chair | 6.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Robert K Rasmussen | |||||||
| Board Secretary/Treasurer | 6.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mary Crossley | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| E Lynn Hampton | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Rondy E Jennings | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Richard A Matasar | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Pauline A Schneider | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Kent D Syverud | |||||||
| Director (End 12/2013) | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| William KS Wang | |||||||
| Director | 6.0 | Yes (X) | $0 | $0 | $0 | ||
| Christopher Chapman | |||||||
| President & CEO | 50.0 | Yes (X) | Yes (X) | $673,659 | $0 | $32,499 | |
| Charles A Albano | |||||||
| EVP and COO (SD 7/2013) | 50.0 | Yes (X) | $116,872 | $0 | $2,109 | ||
| Catharine Bailey | |||||||
| VP Member Srvcs (SD 12/2013) | 50.0 | Yes (X) | $5,399 | $0 | $0 | ||
| Kathleen A Smith | |||||||
| SVP Pub Affairs (SD 5/2013) | 50.0 | Yes (X) | $110,717 | $0 | $14,532 | ||
| Debra Swartz | |||||||
| VP legal Affairs/CCO (SD 10/13 | 50.0 | Yes (X) | $27,048 | $0 | $5,428 | ||
| Richard Sultzer | |||||||
| VP Controller (ed 11/2013) | 50.0 | Yes (X) | $359,484 | $0 | $41,279 | ||
| Jean M Francois | |||||||
| SVP Loan Op (ed 2/2014) | 50.0 | Yes (X) | $267,735 | $0 | $42,379 | ||
| Paul G Quigley | |||||||
| VP Portfolio Mgmt (ed 3/2014) | 50.0 | Yes (X) | $253,069 | $0 | $31,359 | ||
| Mary Chan | |||||||
| VP IT Data & Info Management | 50.0 | Yes (X) | $223,491 | $0 | $39,682 | ||
| Keith Coughey | |||||||
| VP Risk Management | 50.0 | Yes (X) | $206,259 | $0 | $43,080 | ||
| Kathleen M Majofsky | |||||||
| Manager Compliance & Loan Ops | 50.0 | $157,063 | $0 | $27,981 | Yes (X) | ||
| Richard L Colden | |||||||
| Manager Portfolio Management | 50.0 | $142,573 | $0 | $37,790 | Yes (X) | ||
| James R Cassity | |||||||
| Manager IT | 50.0 | $144,949 | $0 | $19,338 | Yes (X) | ||
| Christopher D Clements | |||||||
| Manager Database Management | 50.0 | $140,046 | $0 | $22,742 | Yes (X) | ||
| Glenn A Gabe | |||||||
| Director Loan Administration | 50.0 | $125,009 | $0 | $33,768 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,953,373 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $393,966 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| 100 Summer Street | BOSTON | MA | 021102112 | Investment Services | $577,138 |
| KPMG LLP | |||||
| 1601 Market Street | PHILADELPHIA | PA | 19103 | Audit Services | $407,779 |
| FOLEY LARDNER LLP | |||||
| 777 East Wisconsin Avenue | MILWAUKEE | WI | 532025306 | Legal Services | $399,429 |
| Kirkland Ellis LLP | |||||
| 655 15th street NW | WASHINGTON | DC | 20005 | legal services | $398,157 |
| Lewtan Technologies | |||||
| 410 Totten Pond Road 4th Floor | WALTHAM | MA | 02451 | IT Consulting | $350,756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT LOAN PROGRAM | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $225,100,822 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $224,711,194 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $389,628 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $225,100,822 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,529,015 | TotalRevenueColumnAmt |
| Exclusion | $4,529,015 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $255,651 | TotalRevenueColumnAmt |
| Exclusion | $255,651 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,851,003 | SecuritiesAmt |
| Other | -$6,418 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,383,205 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,467,798 | SecuritiesAmt |
| Other | -$6,418 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,461,380 | TotalRevenueColumnAmt |
| Exclusion | $15,461,380 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $245,346,868 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $224,711,194 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $389,628 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,246,046 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,496,080 | TotalAmt |
| Program Services | $2,021,825 | ProgramServicesAmt |
| Management And General | $474,255 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,975,462 | TotalAmt |
| Program Services | $1,270,947 | ProgramServicesAmt |
| Management And General | $1,704,515 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,936 | TotalAmt |
| Program Services | $263,198 | ProgramServicesAmt |
| Management And General | $61,738 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,181,148 | TotalAmt |
| Program Services | $1,234,685 | ProgramServicesAmt |
| Management And General | $946,463 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $493,834 | TotalAmt |
| Program Services | $293,421 | ProgramServicesAmt |
| Management And General | $200,413 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $876,756 | TotalAmt |
| Program Services | $291,032 | ProgramServicesAmt |
| Management And General | $585,724 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,481 | TotalAmt |
| Program Services | $66,550 | ProgramServicesAmt |
| Management And General | $168,931 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,576 | TotalAmt |
| Management And General | $486,576 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,125,499 | TotalAmt |
| Program Services | $12,862,758 | ProgramServicesAmt |
| Management And General | $262,741 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,253 | TotalAmt |
| Program Services | $127,355 | ProgramServicesAmt |
| Management And General | $3,898 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $667,527 | TotalAmt |
| Program Services | $216,625 | ProgramServicesAmt |
| Management And General | $450,902 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $647,163 | TotalAmt |
| Program Services | $622,053 | ProgramServicesAmt |
| Management And General | $25,110 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,538,499 | TotalAmt |
| Program Services | $1,183,682 | ProgramServicesAmt |
| Management And General | $1,354,817 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,460 | TotalAmt |
| Program Services | $255,761 | ProgramServicesAmt |
| Management And General | $37,699 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,724 | TotalAmt |
| Program Services | $161,724 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,510,670 | TotalAmt |
| Program Services | $96,510,670 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $759,098 | TotalAmt |
| Program Services | $723,967 | ProgramServicesAmt |
| Management And General | $35,131 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,172 | TotalAmt |
| Management And General | $391,172 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| CONSOLIDATION LOAN REBATE FEE | $25,378,125 | $25,378,125 |
| PROVISION FOR LOAN LOSSES | $29,813,051 | $29,813,051 |
| AMORTIZATION OF FEES | $492,044 | $492,044 |
| MISC ADJUSTMENTS TO PORTFOLIO | $19,960 | $19,960 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,774 | TotalAmt |
| Program Services | $9,774 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,009,292 | TotalAmt |
| Program Services | $173,819,207 | ProgramServicesAmt |
| Management And General | $7,190,085 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $597,473 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,128,340 | BOYAmt |
| EOY | $2,497,884 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,503,599,048 | BOYAmt |
| EOY | $5,934,188,211 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,382,706 | BOYAmt |
| EOY | $32,726,936 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,715,566 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,074,032 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,061,633 | BOYAmt |
| EOY | $1,641,534 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,639,192 | BOYAmt |
| EOY | $393,808,835 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,314,143 | BOYAmt |
| EOY | $238,060,322 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,165,126,062 | BOYAmt |
| EOY | $6,603,521,195 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,137,962 | BOYAmt |
| EOY | $10,379,876 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,771,156,765 | BOYAmt |
| EOY | $6,142,526,419 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,202,484 | BOYAmt |
| EOY | $1,552,254 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,784,497,211 | BOYAmt |
| EOY | $6,154,458,549 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,628,851 | BOYAmt |
| EOY | $449,062,646 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,628,851 | BOYAmt |
| EOY | $449,062,646 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,165,126,062 | BOYAmt |
| EOY | $6,603,521,195 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $64,337,576 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,596,796 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $499,423 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270,241,233 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $298,737,688 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $281,396,323 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $250,246,452 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $224,711,194 | CurrentTaxYearAmt |
| Total | $1,325,332,890 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270,241,233 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $298,737,688 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $281,396,323 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $250,246,452 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $224,711,194 | CurrentTaxYearAmt |
| Total | $1,325,332,890 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,325,332,890 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $925,621 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,774,712 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,688,061 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,901,980 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,784,666 | CurrentTaxYearAmt |
| Total | $14,075,040 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $925,621 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,774,712 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,688,061 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,901,980 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,784,666 | CurrentTaxYearAmt |
| Total | $14,075,040 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $122,733 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $267,154 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $428,087 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $288,790 | CurrentTaxYearAmt |
| Total | $1,106,764 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $271,166,854 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $300,635,133 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $284,351,538 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $254,576,519 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $229,784,650 | CurrentTaxYearAmt |
| Total | $1,340,514,694 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98867 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99250 | PublicSupportPY509Pct |
| Investment Income CY | 0.01050 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00699 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $335,798 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,982 | DepreciationAmt |
| Book Value | $292,816 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,172,758 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,983,010 | DepreciationAmt |
| Book Value | $1,189,748 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $207,010 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,040 | DepreciationAmt |
| Book Value | $158,970 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,641,534 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYROLL RELATED LIABILITIES | $1,525,358 |
| OTHER CURRENT LIABILITIES | $26,896 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,552,254 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X | FormAndLineReferenceDesc |
| Explanation | The Company accounts for uncertainties in income taxes based on a threshold of more-likely-than-not for recognition and rerecognition of tax positions taken or expected to be taken in a tax return. The Company has no uncertain tax positions meeting the threshold. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Christopher Chapman | ||||||||||||
| President & CEO | $517,625 | $0 | $153,539 | $0 | $2,495 | $0 | $30,999 | $0 | $1,500 | $0 | $706,158 | $0 |
| Richard Sultzer | ||||||||||||
| VP Controller (ed 11/2013) | $167,310 | $0 | $62,589 | $0 | $129,585 | $0 | $35,046 | $0 | $6,233 | $0 | $400,763 | $0 |
| Jean M Francois | ||||||||||||
| SVP Loan Op (ed 2/2014) | $209,596 | $0 | $55,817 | $0 | $2,322 | $0 | $36,396 | $0 | $5,983 | $0 | $310,114 | $0 |
| Paul G Quigley | ||||||||||||
| VP Portfolio Mgmt (ed 3/2014) | $202,308 | $0 | $49,951 | $0 | $810 | $0 | $25,815 | $0 | $5,544 | $0 | $284,428 | $0 |
| Mary Chan | ||||||||||||
| VP IT Data & Info Management | $179,846 | $0 | $39,881 | $0 | $3,764 | $0 | $36,408 | $0 | $3,274 | $0 | $263,173 | $0 |
| Keith Coughey | ||||||||||||
| VP Risk Management | $176,257 | $0 | $26,438 | $0 | $3,564 | $0 | $36,597 | $0 | $6,483 | $0 | $249,339 | $0 |
| Kathleen M Majofsky | ||||||||||||
| Manager Compliance & Loan Ops | $134,500 | $0 | $19,765 | $0 | $2,798 | $0 | $24,237 | $0 | $3,744 | $0 | $185,044 | $0 |
| Richard L Colden | ||||||||||||
| Manager Portfolio Management | $127,219 | $0 | $14,956 | $0 | $398 | $0 | $26,746 | $0 | $11,044 | $0 | $180,363 | $0 |
| James R Cassity | ||||||||||||
| Manager IT | $129,657 | $0 | $14,926 | $0 | $366 | $0 | $14,214 | $0 | $5,124 | $0 | $164,287 | $0 |
| Christopher D Clements | ||||||||||||
| Manager Database Management | $130,501 | $0 | $5,930 | $0 | $3,615 | $0 | $14,362 | $0 | $8,380 | $0 | $162,788 | $0 |
| Glenn A Gabe | ||||||||||||
| Director Loan Administration | $110,981 | $0 | $13,047 | $0 | $981 | $0 | $31,829 | $0 | $1,939 | $0 | $158,777 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a The Organization will reimburse membership fees to health clubs up to a maximum of $200 per year for any employee who provides sufficient substantiation as required under the Organization's policy related thereto. |
| Severance or change of control | Schedule J, Part I, Line 4a Richard Sultzer - Severance Pay $98,000 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6 | Members or Stockholders Access Group, Inc. is a Delaware nonprofit, non-stock corporation. It is a membership organization whose "institutional" members, as more specifically defined in its bylaws, are state-operated or otherwise federally tax-exempt law schools located in the United States that are accredited by the Council on Legal Education and Admissions to the Bar of the American Bar Association. |
| Form 990, Part VI, Line 7a | Members or Stockholders Who May Elect Pursuant to the Organization's bylaws, the Board of Directors may consist of not more than thirteen directors. The institutional members elect the minimum number of directors necessary to constitute a majority of the total number of directors (the "Class A Directors"). The remaining directors (the "Class B Directors") are elected by the Class A Directors then serving. |
| Form 990, Part VI, Line 7b | Decisions Subject to Approval The Organization's bylaws provide that the institutional members must approve the following actions of the board of directors: the revocation, repeal, amendment, or modification of certain provisions of the bylaws and the revocation, repeal, amendment or modification of Article X of its Certificate of Incorporation, regarding distributions upon liquidation of the Organization. The Delaware General Corporation Law also provides that certain actions by the Board of Directors be approved by the institutional members. |
| Form 990, Part VI, Line 11b | Form 990 Review Process This IRS Form 990 was prepared by the Organization's management, in consultation with the Organization's external tax accountants and attorneys. Pursuant to the provisions of its charter, the Audit Committee of the Board of Directors reviewed a draft of this Form 990 at a meeting prior to filing. A complete copy of this Form 990, including all required schedules, was provided to each of the Organization's directors prior to its filing with the IRS. |
| Form 990, Part VI, Line 12c | Conflict of Interest Policy Monitoring & Enforcement The Organization's conflict of interest policy requires each interested person (defined as the Organization's directors, officers, and key employees) to disclose any financial interest (certain ownership interest or compensation arrangements) they may have in connection with a proposed transaction between the Organization and a third party. The Board of Directors will determine if such financial interest constitutes a conflict of interest and will employ the policy's procedures for addressing any such conflict. All interested persons provide a written certification annually affirming that they have received and understand the policy and agree to comply with it, and listing any conflicts, business relationships or family relationships that may give rise to a conflict. The Audit Committee of the Board considers all disclosed issues and management monitors and reports any actual or potential conflicts. |
| Form 990, Part VI, Line 15a | Process for Determining Compensation The process for determining the compensation of the President and CEO of the Organization is delegated by the Board of Directors to its Compensation and Benefits Committee, with such committee comprised of outside, independent Directors. It is the practice of the Compensation and Benefits Committee to review the performance of the Organization's President and CEO periodically (generally on an annual basis) and to periodically engage a third-party, independent compensation consultant to establish the market compensation range for the position. This consultant generally establishes this range by identifying the compensation of a parallel position at comparable organizations and taking various factors into account, including but not limited to each applicable organization's industry, geographic region, size, and tax status. The Compensation and Benefits Committee reviews the information from its compensation consultant and any other relevant information, discusses such information outside of the presence of the President and CEO, and authorizes, on the record, any changes to such officer's compensation. |
| Form 990, Part VI, Line 15b | Process for Determining Compensation The process for determining the compensation of other officers of the Organization generally follows the process used for all employees, except for the CEO as described in the answer to Part VI, line 15B herein. Generally, the CEO, or such other person as may be appropriate based on management reporting lines and other relevant factors, conducts an annual performance review all other officers and key employees, and communicates the results of such review to the reviewed officer or key employee. In addition, the Organization periodically engages a third-party, independent compensation consultant to establish the market compensation range for the applicable positions. This consultant generally establishes this range by identifying the compensation of a parallel position at comparable organizations and taking various factors into account, including but not limited to each applicable organization's industry, geographic region, size, and tax status. The CEO, generally in consultation with the Human Resources division, approves the establishment of compensation levels for officers or key employees as follows: (1) directly for his/her direct reports, (2) in consultation with applicable officers, for officers and key employees who do not directly report to him/her. |
| Form 990, Part VI, Line 19 | How Documents are Made Available to the Public The Organization's Certificate of Incorporation is a public document on file with the Delaware Secretary of State. The Organization does not make its bylaws and conflict of interest policy available to the public. Its audited financial statements for the most recent three years are freely available on its website. |
| Part XI, Line 9 | Other Changes in Net Assets or Fund Balances Noninterest Income $ 1,607,374 Loan Reserve Trust Income 11,759 Loan Reserve Trust Expense (1,119,710) TOTAL................................. $ 499,423 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| Access Funding ABCP-I (ABCP-I) | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Inactive | DE | $0 | $0 | AGI |
| Program for Educ & Access to Knwldge for | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | $34,557,338 | $287,593,767 | AGI |
| Affiliated Loan Program for Students | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | $2,616,446 | $35,161,864 | AGI |
| Financing Alt for Qualified Students | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Inactive | DE | $0 | $0 | AGI |
| Access Funding 2013-1 | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | $7,684,084 | $363,033,715 | AGI |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group Loan Reserve Trust I | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Rodney Sq North 1100 N Market St | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 19890 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 516522917 | EIN |
| Primary Activities | Guarantee Fd | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 11a | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Funding 2010-A LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Access Group 10 N High Street | AddressLine1 |
| City | West Chester | City |
| State | PA | State |
| ZIP Code | 19380 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272762721 | EIN |
| Primary Activities | Student Loans | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | related | PredominantIncomeTypeTxt |
| Share Of Total Income | $345,164 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $4,356,178 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| UBI Code V | $0 | UBICodeVAmt |
| General Or Managing Partner | Yes (true) | GeneralOrManagingPartnerInd |
| Ownership | 0.01000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Agility Loan Services Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 North High Street | AddressLine1 |
| City | West Chester | City |
| State | PA | State |
| ZIP Code | 19380 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371606855 | EIN |
| Primary Activities | Inactive | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group In | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $0 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $0 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |