TEXAS GUARANTEED STUDENT LOAN CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS GUARANTEED STUDENT LOAN CORPORATION (EIN 74-2094204)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-08-12
- IRS object ID
- 201402249349302130
- Schema version
- 2012v2.3
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-08-12T14:29:00-05:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 Park Ave Suite 2850 | AddressLine1 |
| City | Oklahoma City | City |
| State | OK | State |
| ZIP Code | 73102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742094204 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS GUARANTEED STUDENT LOAN CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MARK J ZARSKY | InCareOfName |
| Name Control | TEXA | NameControl |
| Phone | 5122195700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 83100 | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786833100 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James Patterson | Name |
| Title | Senior Vice President & CFO | Title |
| Phone | 5122195700 | Phone |
| Date Signed | 2014-08-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4052396411 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SUE C MCMILLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 83100 | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786833100 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 165223954 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.tgslc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1979 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | "TO BE THE PREMIER PROVIDER OF INFORMATION, PRODUCTS, AND SERVICES TO HELP STUDENTS AND FAMILIES REALIZE THEIR EDUCATION AND CAREER DREAMS." TG ADMINISTERS THE FEDERAL FAMILY EDUCATION LOAN PROGRAM. | ActivityOrMissionDescription |
| Termination Or Contraction | X | TerminationOrContraction |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 724 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 19951 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 17056 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 230031273 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 143412819 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1926242 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3080909 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 22472348 | InvestmentIncomePriorYear |
| Investment Income Current Year | 18503472 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 27633 | OtherRevenuePriorYear |
| Other Revenue Current Year | 188051 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 254457496 | TotalRevenuePriorYear |
| Total Revenue Current Year | 165185251 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21419662 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 309241574 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 53507453 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 57466280 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 91012970 | OtherExpensePriorYear |
| Other Expenses Current Year | 9297549 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 165940085 | TotalExpensesPriorYear |
| Total Expenses Current Year | 376005403 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 88517411 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -210820152 | RevenuesLessExpensesCY |
| Total Assets BOY | 839348071 | TotalAssetsBOY |
| Total Assets EOY | 551186743 | TotalAssetsEOY |
| Total Liabilities BOY | 280986080 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 227040516 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 558361991 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 324146227 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O, GENERAL STATEMENT 1 | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 39557396 | Expense |
| Revenue | 1826008 | Revenue |
| Description | SEE SCHEDULE O, GENERAL STATEMENT 2 | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 321458163 | Expense |
| Grants | 309241574 | Grants |
| Revenue | 1254901 | Revenue |
| Description | SEE SCHEDULE O, GENERAL STATEMENT 2 | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 361015559 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | true | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 103 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 724 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK J ZARSKY | NamePerson |
| Telephone Number | 5122195700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 SUNDANCE PARKWAY | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786818004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| IVAN ANDARZA | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| YVONNE BATTS | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| FH LANDIS | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| RICHARD RHODES | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| MICHAEL SAVOIE | |||||||||
| BOARD MEMBER TERM ENDED 1/13 | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| CONNIE SITTERLY | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| DORA ANN VERDE | |||||||||
| BOARD MEMBER | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| PHIL WORLEY | |||||||||
| BOARD MEMBER TERM ENDED 1/13 | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| FERNANADO TREVINO | |||||||||
| BOARD MEMBER TERM ENDED 5/13 | 2.0 | 0.0 | X | 0 | 0 | 0 | |||
| SUE C MCMILLIN | |||||||||
| PRESIDENT/CEO | 50.0 | 1.0 | 440163 | 0 | 29103 | X | |||
| JAMES PATTERSON | |||||||||
| SVP/FINANCE & ADMIN. | 42.0 | 0.0 | 273208 | 0 | 34020 | X | |||
| LLOYD DODGE | |||||||||
| SVP/INFORMATION TECHNOLOGY | 40.0 | 0.0 | 253480 | 0 | 24813 | X | |||
| DEANNE VARNER | |||||||||
| SVP/GEN.COUN/CHIEF ETHICS | 48.0 | 0.0 | 266526 | 0 | 28327 | X | |||
| KIM M ALEXANDER | |||||||||
| VP/CUSTOMER RELATIONS | 44.0 | 0.0 | 192484 | 0 | 28409 | X | |||
| JOHN R ZANOT | |||||||||
| VP/MARKETING & PROD. MGMT | 47.0 | 0.0 | 168145 | 0 | 34752 | X | |||
| RINN D HARPER | |||||||||
| VP OPERATIONS | 41.0 | 0.0 | 166939 | 0 | 29241 | X | |||
| CAROL N LINDSEY | |||||||||
| VP/POLICY & COMPLIANCE | 55.0 | 11.0 | 157111 | 0 | 26265 | X | |||
| PHILLIP E CERVIN | |||||||||
| VP COLLECTIONS | 54.0 | 0.0 | 179806 | 0 | 34225 | X | |||
| JACOB FRAIRE | |||||||||
| VP/STUDENT INST. SUCCESS | 45.0 | 0.0 | 158790 | 0 | 34403 | X | |||
| CHANCE R WATSON | |||||||||
| CHIEF AUDIT EXECUTIVE | 41.0 | 0.0 | 135481 | 0 | 16509 | X | |||
| CALVIN H ABBOTT | |||||||||
| AVP/PORTFOLIO MANAGER | 40.0 | 0.0 | 169230 | 0 | 28381 | X | |||
| JAMES E ZIMMERMAN | |||||||||
| AVP/TECHNOLOGY SERVICES | 41.0 | 0.0 | 157997 | 0 | 33069 | X | |||
| MARY O NEGRETE | |||||||||
| AVP/HUMAN RESOURCES | 41.0 | 0.0 | 174263 | 0 | 21721 | X | |||
| MARK J ZARSKY | |||||||||
| AVP/CONTROLLER | 41.0 | 0.0 | 169656 | 0 | 26526 | X | |||
| WILLIAM LOVEALL | |||||||||
| AVP/APMO | 42.0 | 0.0 | 155015 | 0 | 24715 | X | |||
| KARA J THOMPSON | |||||||||
| AVP/STRATEGIC PLANNING | 40.0 | 0.0 | 138831 | 0 | 23665 | X | |||
| KEVIN G STRUCKHOFF | |||||||||
| AVP/RELATIONSHIP MGMT CON | 50.0 | 0.0 | 132235 | 0 | 32411 | X | |||
| SUSAN G HIGH | |||||||||
| AVP/COLLECTIONS | 47.0 | 0.0 | 138088 | 0 | 26900 | X | |||
| JEFF J WEBSTER | |||||||||
| AVP/RESEARCH | 46.0 | 0.0 | 133615 | 0 | 17794 | X | |||
| JAMES B BRADLEY | |||||||||
| AVP/CHIEF INFO SEC. OFFICE | 42.0 | 0.0 | 131993 | 0 | 32109 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3893056 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 587358 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SEE SCHEDULE O GENERAL STATEMENT 4 | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Of Contractor | AddressOfContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 143412819 | GovernmentGrants |
| Total Contributions | 143412819 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| DEFAULT AVERSION SOLUTIONS | 900099 | 1254901 | 1254901 |
| REPURCHASE INTEREST | 900099 | 1826008 | 1826008 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3080909 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18503472 | TotalRevenueColumn |
| Exclusion | $18,503,472 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 58654 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 38703 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 19951 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19951 | TotalRevenueColumn |
| Unrelated Business Revenue | 19951 | UnrelatedBusinessRevenue |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC. INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 168100 | TotalRevenueColumn |
| Related Or Exempt Function Income | 168100 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 168100 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 165185251 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3249009 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 19951 | UnrelatedBusinessRevenue |
| Exclusion | $18,503,472 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309241574 | Total |
| Program Services | 309241574 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2501225 | Total |
| Program Services | 2032410 | ProgramServices |
| Management And General | 468815 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41144229 | Total |
| Program Services | 33765790 | ProgramServices |
| Management And General | 7378439 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3818277 | Total |
| Program Services | 3112416 | ProgramServices |
| Management And General | 705861 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6416263 | Total |
| Program Services | 4429887 | ProgramServices |
| Management And General | 1986376 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3586286 | Total |
| Program Services | 2923311 | ProgramServices |
| Management And General | 662975 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 305343 | Total |
| Program Services | 34677 | ProgramServices |
| Management And General | 270666 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225279 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 225279 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103711 | Total |
| Program Services | 103711 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22040 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 22040 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 523656 | Total |
| Program Services | 396710 | ProgramServices |
| Management And General | 126946 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 248866 | Total |
| Program Services | 237853 | ProgramServices |
| Management And General | 11013 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2632399 | Total |
| Program Services | 2365086 | ProgramServices |
| Management And General | 267313 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3460349 | Total |
| Program Services | 3242470 | ProgramServices |
| Management And General | 217879 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1005960 | Total |
| Program Services | 827765 | ProgramServices |
| Management And General | 178195 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1083412 | Total |
| Program Services | 941086 | ProgramServices |
| Management And General | 142326 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 539395 | Total |
| Program Services | 195092 | ProgramServices |
| Management And General | 344303 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4763090 | Total |
| Program Services | 3987932 | ProgramServices |
| Management And General | 775158 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 372172 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 372172 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ADJ TO LOAN LOSS PROVISION | -25539118 | -25539118 | 0 | 0 |
| COLLECTION AGENCY COMMISSIONS | 10555752 | 10555752 | 0 | 0 |
| DEFAULT AVERSION FEES | 6070068 | 6070068 | 0 | 0 |
| UBI TAXES | 500 | 0 | 500 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2924675 | Total |
| Program Services | 2091087 | ProgramServices |
| Management And General | 833588 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376005403 | Total |
| Program Services | 361015559 | ProgramServices |
| Management And General | 14989844 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43178030 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6369349 | BOY |
| EOY | 33954285 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40668057 | BOY |
| EOY | 41724649 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1641271 | BOY |
| EOY | 1152037 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 79922401 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36504184 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42677504 | BOY |
| EOY | 43418217 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 696909254 | BOY |
| EOY | 422770137 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7793750 | BOY |
| EOY | 8043750 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110856 | BOY |
| EOY | 123668 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 839348071 | BOY |
| EOY | 551186743 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39676080 | BOY |
| EOY | 42574864 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241310000 | BOY |
| EOY | 184465652 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 280986080 | BOY |
| EOY | 227040516 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42677504 | BOY |
| EOY | 43418217 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 515684487 | BOY |
| EOY | 280728010 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558361991 | BOY |
| EOY | 324146227 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 839348071 | BOY |
| EOY | 551186743 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -210820152 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -23395612 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 117767682 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 132728600 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 114076833 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 230031273 | CurrentTaxYearMinus1Year |
| Current Tax Year | 143412819 | CurrentTaxYear |
| Total | 738017207 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 117767682 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 132728600 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 114076833 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 230031273 | CurrentTaxYearMinus1Year |
| Current Tax Year | 143412819 | CurrentTaxYear |
| Total | 738017207 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 738017207 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 25609451 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23395341 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 24570213 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 22472348 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18503472 | CurrentTaxYear |
| Total | 114550825 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 9706 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 13591 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13151 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18056 | CurrentTaxYear |
| Total | 54504 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 280369 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 105715 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 207904 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13132 | CurrentTaxYearMinus1Year |
| Current Tax Year | 168100 | CurrentTaxYear |
| Total | 775220 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 853397756 | TotalSupport |
| Gross Receipts From Admissions Etc | 146129842 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.86480 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.85285 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 103711 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 103711 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 386450966 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 386554677 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 73448 | CurrentYearMinus3 |
| Current Year Minus2 | 110361 | CurrentYearMinus2 |
| Current Year Minus1 | 103112 | CurrentYearMinus1 |
| Current Year | 103711 | CurrentYear |
| Total | 390632 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 0 | CurrentYearMinus3 |
| Current Year Minus2 | 0 | CurrentYearMinus2 |
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Current Year Minus4 Years | CurrentYearMinus4Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3315000 | OtherCostOrOtherBasis |
| Book Value | 3315000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34436799 | OtherCostOrOtherBasis |
| Depreciation | 8022560 | Depreciation |
| Book Value | 26414239 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2605 | OtherCostOrOtherBasis |
| Depreciation | 2605 | Depreciation |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15077992 | OtherCostOrOtherBasis |
| Depreciation | 12824897 | Depreciation |
| Book Value | 2253096 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27090005 | OtherCostOrOtherBasis |
| Depreciation | 15654123 | Depreciation |
| Book Value | 11435882 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 43418217 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ALLOWANCE FOR NON-REINSURED LOAN | $184,330,000 |
| BANK CLEARING LIABILITY | $135,652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 184465652 | TotalOfAmounts |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (47 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| BEYOND 12 | ||||||||
| 901 MISSION ST STE 205 | SAN FRAN | CA | 94103 | 271275246 | 501(c)(3) | 117012 | SERVICES TO STUDENTS | |
| BOTTOM LINE | ||||||||
| 500 AMORY ST STE 3 | JAMAICA PLAIN | MA | 02130 | 043351427 | 501(c)(3) | 150000 | SERVICES TO STUDENTS | |
| CENTER FOR LEARNING & DEVELOPMENT | ||||||||
| 200 W HWY 6 STE 503 | WACO | TX | 76712 | 742687080 | 501(c)(3) | 104897 | SERVICES TO STUDENTS | |
| A MILLION STARS INC | ||||||||
| 110 N JEFFERSON ST | ST LOUIS | MO | 63103 | 204768985 | 501(C)(3) | 75000 | SERVICES TO STUDENTS | |
| COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS | ||||||||
| 3000 SOUTH IH 35STE 200 | AUSTIN | TX | 78704 | 742369020 | 501(C)(3) | 37500 | ORGANIZTNL. CAPACITY | |
| CREATIVE KIDS | ||||||||
| 504 SAN FRANCISCO ST | EL PASO | TX | 79901 | 742910251 | 501(c)(3) | 120000 | SERVICES TO STUDENTS | |
| CISCO COLLEGE | ||||||||
| 101 COLLEGE HEIGHTS | CISCO | TX | 76437 | 751164343 | STATE OF TX | 109715 | SERVICES TO STUDENTS | |
| EDUCATION IS FREEDOM FOUNDATION | ||||||||
| 2711 N HASKELL AVE STE 2070 | DAL | TX | 75204 | 043643313 | 501(C)(3) | 127000 | SERVICES TO STUDENTS | |
| FAMILIES UNITED IN EDUCATIONAL LEADERSHIP INC | ||||||||
| 561 BOYLSTON ST | BOSTON | MA | 02116 | 271462229 | 501(C)(3) | 101250 | EDUCATIONAL RESEARCH | |
| FORT WORTH CHAMBER DEVELOPMENT FOUNDATION | ||||||||
| 777 TAYLOR STREET | FORT WORTH | TX | 76102 | 202354924 | 501(C)(3) | 50570 | SERVICES TO STUDENTS | SUITE 900 |
| GENESYS WORKS | ||||||||
| 601 JEFFERSON AVE | HOUSTON | TX | 77002 | 030440761 | 501(C)(3) | 100000 | SERVICES TO STUDENTS | STE 3760 |
| INSTITUTE FOR HIGHER EDUCATION | ||||||||
| 1825 K STREET NW | WASHINGTON | DC | 20006 | 521818907 | 501(C)(3) | 103476 | ORGANIZTNL. CAPACITY | SUITE 720 |
| INTERCULTURAL DEVELOPMENT RESEARCH ASSN | ||||||||
| 5815 CALLAGHAN RD | SAN ANTONIO | TX | 78228 | 741804539 | 501(C)(3) | 90000 | ORGANIZTNL. CAPACITY | STE 101 |
| NACOGDOCHES INDEPENDENT SCHOOL DISTRICT | ||||||||
| 511 S UNIVERSITY DR | NACOGDOCHES | TX | 75961 | 756002119 | TX PUB. SCHOOL | 50000 | SERVICES TO STUDENTS | |
| OUR LADY OF THE LAKE UNIVERSITY | ||||||||
| 411 SW 24TH ST | SAN ANTONIO | TX | 78207 | 741109631 | 501(C)(3) | 44800 | SERVICES TO STUDENTS | |
| SAN ANTONIO EDUCATION PARTNERS | ||||||||
| 131 EL PASO ST | SAN ANTONIO | TX | 78204 | 742547643 | 501(C)(3) | 126120 | SERVICES TO STUDENTS | |
| ST EDWARD'S UNIVERSITY | ||||||||
| 3001 S CONGRESS AVE | AUSTIN | TX | 78704 | 741109641 | 501(C)(3) | 90055 | SERVICES TO STUDENTS | |
| TEXAS A&M INTERNATIONAL UNIVERSITY | ||||||||
| 5201 UNIVERSITY BLVD | LAREDO | TX | 78041 | 741761398 | STATE OF TX | 120774 | SERVICES TO STUDENTS | |
| UNIVERSITY OF CALIFORNIA MERCED | ||||||||
| 5200 N LAKE ROAD | MERCED | CA | 95343 | 270093858 | STATE OF CA | 94500 | SERVICES TO STUDENTS | |
| UNIVERSITY OF CENTRAL OKLAHOMA | ||||||||
| 100 N UNIVERSITY DRIVE | EDMOND | OK | 73034 | 736017987 | STATE OF OK | 80912 | SERVICES TO STUDENTS | |
| THE UNIVERSITY OF TEXAS AT DALLAS | ||||||||
| 800 W CAMPBELL RD MP13 | RICHARDSON | TX | 75081 | 751305566 | STATE OF TX | 150000 | SERVICES TO STUDENTS | |
| UNIVERSITY OF TEXAS AT SAN ANTONIO | ||||||||
| 1 UTSA CIR | SAN ANTONIO | TX | 78249 | 741717115 | STATE OF TX | 199126 | SERVICES TO STUDENTS | |
| SCHOLARSHIP AMERICA | ||||||||
| 1 Scholarship Way | St Peter | MN | 56082 | 042296967 | 501(C)(3) | 4835358 | STUDENT FIN. AID | |
| ACHIEVING THE DREAM | ||||||||
| 8455 COLESVILL ROAD | SILVER SPRING | MD | 20910 | 271635830 | 501(C)(3) | 146600 | ORGANIZTNL. CAPACITY | SUITE 900 |
| ADMISSION CONTROL | ||||||||
| PO BOX 142308 | AUSTIN | TX | 78714 | 432003552 | 501(C)(3) | 110670 | SERVICES TO STUDENTS | |
| ASSOCIATION OF AMERICAN COLLEGES | ||||||||
| 1818 R ST NW | WASHINGTON | DC | 20009 | 521945674 | 501(C)(3) | 75000 | EDUCATIONAL RESEARCH | |
| BREAKTHROUGH AUSTIN | ||||||||
| 1050 EAST 11TH ST | AUSTIN | TX | 78702 | 742991346 | 501(C)(3) | 112500 | SERVICES TO STUDENTS | SUITE 350 |
| CAPITAL IDEA | ||||||||
| PO BOX 1784 | AUSTIN | TX | 78767 | 742893041 | 501(C)(3) | 30000 | SERVICES TO STUDENTS | |
| CENTER FOR PUBLIC POLICY PRIORITY | ||||||||
| 7020 EASY WIND DRIVE | AUSTIN | TX | 78752 | 742898197 | 501(C)(3) | 97500 | ORGANIZTNL. CAPACITY | SUITE 200 |
| COLLEGE NOW GREATER CLEVELAND | ||||||||
| 50 PUBLIC SQUARE | CLEVELAND | OH | 44113 | 346580096 | 501(C)(3) | 150000 | SERVICES TO STUDENTS | SUITE 1800 |
| COLUMBIA COLLEGE CHICAGO | ||||||||
| 600 S MICHIGAN AVE | CHICAGO | IL | 60605 | 366112087 | STATE OF IL | 124173 | SERVICES TO STUDENTS | |
| COMMUNITIES FOUNDATION OF TEXAS | ||||||||
| 5500 CARUTH HAVEN LANE | DALLAS | TX | 75225 | 750964565 | 501(C)(3) | 175000 | STRATEGIC IMPACT | |
| EXCELENCIA IN EDUCATION | ||||||||
| 1717 N ST NW | WASHINGTON | DC | 20036 | 200927912 | 501(C)(3) | 175000 | ORGANIZTNL. CAPACITY | 2ND FL |
| FOUNDATION COMUNITIES | ||||||||
| 3036 S FIRST ST | AUSTIN | TX | 78704 | 742563260 | 501(C)(3) | 99500 | SERVICES TO STUDENTS | |
| GRANTMAKERS FOR EDUCATION | ||||||||
| 720 SW WASHINGTON ST | PORTLAND | OR | 97205 | 330919329 | 501(C)(3) | 25000 | ORGANIZTNL. CAPAPCITY | STE 605 |
| HOUSTON COMMUNITY COLLEGE | ||||||||
| 3100 MAIN STREET | HOUSTON | TX | 77002 | 741885205 | STATE OF TX | 75000 | SERVICES TO STUDENTS | SUITE 12B12 |
| I KNOW I CAN | ||||||||
| 3798 E BROAD ST | COLUMBUS | OH | 43213 | 311229135 | 501(C)(3) | 39653 | SERVICES TO STUDENTS | |
| NATIONAL COLLEGE ACCESS NETWORK | ||||||||
| 1001 CONNECTICUT AVE NW | WASH | DC | 20036 | 311793562 | 501(C)(3) | 19875 | ORGANIZTNL. CAPACITY | STE 632 |
| PASADENA INDEPENDENT SCHOOL DISTRICT | ||||||||
| 1515 CHERRYBROOK LANE | PASADENA | TX | 77502 | 746001850 | TX. PUB. SCHOOL | 98295 | SERVICES TO STUDENTS | |
| SOUTHERN EDUCATION FOUNDATION | ||||||||
| 135 AUBURN AVENUE VE | ATLANTA | GA | 30303 | 135562388 | 501(C)(3) | 150000 | SERVICES TO STUDETNS | |
| TEXAS A&M UNIVERSITY | ||||||||
| 1265 TAMU | COLLEGE STATION | TX | 77843 | 746000541 | STATE OF TX | 100000 | SERVICES TO STUDENTS | |
| TEXAS COMMUNITY COLLEGE EDUCATION | ||||||||
| 1304 SAN ANTONIO ST | AUSTIN | TX | 78701 | 562358912 | 501(C)(3) | 50000 | STRATEGIC IMPACT | SUITE 201 |
| TEXAS WOMAN'S UNIVERSITY | ||||||||
| 304 ADMINISTRATION DRIVE | DENTON | TX | 76204 | 756002618 | STATE OF TX | 82000 | SERVICES TO STUDENTS | |
| UNIVERSITY OF TEXAS AT AUSTIN | ||||||||
| PO BOX 7458 | AUSTIN | TX | 78713 | 746000203 | STATE OF TX | 293445 | STRATEGIC IMPACT | |
| Texas Grant (THECB) | ||||||||
| 1200 E ANDERSON LN | AUSTIN | TX | 78752 | 743017895 | ST. HIGHER EDU. | 30000000 | STUDENT FIN. AID | |
| T-STEM (THECB) | ||||||||
| 1200 E ANDERSON LN | AUSTIN | TX | 78752 | 820569407 | ST. HIGHER EDU. | 21938000 | STUDENT FIN. AID | |
| VETERANS EDUCATION ASSISTANCE | ||||||||
| PO Box 13528 Cap Station | Austin | TX | 78711 | 746000089 | ST. HIGHER EDU. | 248062000 | STUDENT FIN. AID | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 47 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS | Identifier |
| Return Reference | FORM 990, SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | Regarding TG's competitive grant process, ONCE APPROVED FOR FUNDING, EACH GRANTEE MUST REVIEW AND EXECUTE A GRANT AGREEMENT DOCUMENT WITH TG. IN THIS DOCUMENT, THE EXPECTATIONS ARE OUTLINED FOR THE GRANTEES AND THEIR RESPECTIVE PROJECTS, INCLUDING THE REPORTING REQUIREMENTS FOR THE MIDPOINT (PROGRESS) REPORT AND THE FINAL REPORT. EACH OF THE PROJECT DELIVERABLES IS IDENTIFIED IN THE GRANT AGREEMENT DOCUMENT. GRANTEES ARE INSTRUCTED TO PROVIDE A PROGRESS REPORT ON EACH OF THE ITEMS LISTED AND TO PROVIDE A REPORT OF EXPENDITURES TO-DATE COMPARED TO THE ORIGINAL BUDGET SUBMITTED WITH THE APPLICATION. GRANTEES THEN PROVIDE A FINAL ACCOUNT ON THE DELIVERABLES AND BUDGET AT THE CONCLUSION OF THE GRANT PERIOD. GRANT MANAGEMENT STAFF REVIEWS EACH MIDPOINT REPORT TO DETERMINE IF THE GRANT PROJECTS ARE PROGRESSING AS ANTICIPATED. SPECIFICALLY, STAFF LOOKS TO SEE IF ANY OF THE FOLLOWING CONDITIONS EXIST: A) BUDGET LINE ITEMS THAT SEEM TO BE FALLING SHORT OF ANTICIPATED COSTS B) ANY CHANGES IN KEY PERSONNEL ASSOCIATED WITH THE PROJECT C) ANY OBSTACLES IDENTIFIED BY THE GRANTEE AS IMPEDING PROGESS TOWARD GOALS D) ANY REQUESTS FROM THE GRANTEE TO ADJUST THE BUDGET, DELIVERABLES OR PROGRAM ACTIVITIES. IF THERE ARE SIGNIFICANT ISSUES NOTED IN THE PROGRESS REPORT, STAFF WILL FOLLOW UP WITH THE GRANTEE BY PHONE OR WILL SCHEDULE A SITE VISIT TO DETERMINE THE BEST COURSE OF ACTION TO ADDRESS ANY CONCERNS. IF THERE ARE NO SIGNIFICANT ISSUES NOTED, STAFF ACKNOWLEDGES THE RECEIPT OF THE REPORT AND SCHEDULES THE SECOND DISBURSEMENT OF THE FUNDING (IF APPLICABLE). AT THE TERMINATION OF THE GRANT PERIOD, STAFF REVIEWS THE FINAL REPORT ON EACH PROJECT AND COMPLETES A CLOSE OUT REPORT. THIS REPORT SUMMARIZES THE FOLLOWING: A) PROJECT OBJECTIVES AND THE DEGREE TO WHICH THEY WERE ACHIEVED B) OBSERVATIONS ABOUT THE PROJECT'S SUCCESS OR LACK THEREOF C) FINANCIAL STATUS OF THE PROJECT. THE CLOSE OUT REPORT ALSO PROVIDES AN OPPORTUNITY FOR GRANT MANAGEMENT STAFF TO ASSIGN A LETTER GRADE TO THE PROJECT AND INDICATE WHETHER THE GRANTEE IS A GOOD CANDIDATE FOR FURTHER FUNDING. IF THERE ARE ANY REMAINING FUNDS AT THE END OF THE GRANT PERIOD, GRANT MANAGEMENT STAFF WORKS WITH THE GRANTEE TO ENSURE THE RETURN OF THESE FUNDS TO TG. FORM 990, SCHEDULE I, PART IV GRANT REFUNDS - UNEXPENDED GRANT FUNDS AWARDED IN PREVIOUS YEARS RETURNED ARE REPORTED AS FOLLOWS: ABILENE INDEPENDENT SCHOOL DISTRICT $10,356 NATIONAL COLLEGE ACCESS $11,147 NATIONAL ASSOCIATION FOR COLLEGE ADMISSION $44,198 | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | true | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (21 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUE C MCMILLIN | ||||||||||||||
| PRESIDENT/CEO | 299445 | 0 | 128604 | 0 | 12114 | 0 | 22050 | 0 | 7053 | 0 | 469266 | 0 | 0 | 0 |
| JAMES PATTERSON | ||||||||||||||
| SVP/FINANCE & ADMIN. | 212055 | 0 | 60379 | 0 | 774 | 0 | 19146 | 0 | 14874 | 0 | 307228 | 0 | 0 | 0 |
| LLOYD DODGE | ||||||||||||||
| SVP/INFORMATION TECHNOLOGY | 199740 | 0 | 52966 | 0 | 774 | 0 | 17760 | 0 | 7053 | 0 | 278293 | 0 | 0 | 0 |
| DEANNE VARNER | ||||||||||||||
| SVP/GEN.COUN/CHIEF ETHICS | 205373 | 0 | 60379 | 0 | 774 | 0 | 18500 | 0 | 9827 | 0 | 294853 | 0 | 0 | 0 |
| KIM M ALEXANDER | ||||||||||||||
| VP/CUSTOMER RELATIONS | 162223 | 0 | 29487 | 0 | 774 | 0 | 14627 | 0 | 13782 | 0 | 220893 | 0 | 0 | 0 |
| JOHN R ZANOT | ||||||||||||||
| VP/MARKETING & PROD. MGMT | 138244 | 0 | 29487 | 0 | 414 | 0 | 12784 | 0 | 21968 | 0 | 202897 | 0 | 0 | 0 |
| RINN D HARPER | ||||||||||||||
| VP OPERATIONS | 137009 | 0 | 29516 | 0 | 414 | 0 | 12610 | 0 | 16631 | 0 | 196180 | 0 | 0 | 0 |
| CAROL N LINDSEY | ||||||||||||||
| VP/POLICY & COMPLIANCE | 131089 | 0 | 25608 | 0 | 414 | 0 | 11901 | 0 | 14364 | 0 | 183376 | 0 | 0 | 0 |
| PHILLIP E CERVIN | ||||||||||||||
| VP COLLECTIONS | 150167 | 0 | 29225 | 0 | 414 | 0 | 13239 | 0 | 20986 | 0 | 214031 | 0 | 0 | 0 |
| CALVIN H ABBOTT | ||||||||||||||
| AVP/PORTFOLIO MANAGER | 142434 | 0 | 25608 | 0 | 1188 | 0 | 12979 | 0 | 15402 | 0 | 197611 | 0 | 0 | 0 |
| JAMES E ZIMMERMAN | ||||||||||||||
| AVP/TECHNOLOGY SERVICES | 132119 | 0 | 25608 | 0 | 270 | 0 | 12083 | 0 | 20986 | 0 | 191066 | 0 | 0 | 0 |
| MARY O NEGRETE | ||||||||||||||
| AVP/HUMAN RESOURCES | 147867 | 0 | 25622 | 0 | 774 | 0 | 13253 | 0 | 8468 | 0 | 195984 | 0 | 0 | 0 |
| MARK J ZARSKY | ||||||||||||||
| AVP/CONTROLLER | 143778 | 0 | 25608 | 0 | 270 | 0 | 12880 | 0 | 13646 | 0 | 196182 | 0 | 0 | 0 |
| JACOB FRAIRE | ||||||||||||||
| VP/STUDENT INST. SUCCESS | 129739 | 0 | 28781 | 0 | 270 | 0 | 11977 | 0 | 22426 | 0 | 193193 | 0 | 0 | 0 |
| WILLIAM LOVEALL | ||||||||||||||
| AVP/APMO | 129223 | 0 | 25018 | 0 | 774 | 0 | 11575 | 0 | 13140 | 0 | 179730 | 0 | 0 | 0 |
| KARA J THOMPSON | ||||||||||||||
| AVP/STRATEGIC PLANNING | 116174 | 0 | 22243 | 0 | 414 | 0 | 10485 | 0 | 13180 | 0 | 162496 | 0 | 0 | 0 |
| KEVIN G STRUCKHOFF | ||||||||||||||
| AVP/RELATIONSHIP MGMT CON | 109578 | 0 | 22243 | 0 | 414 | 0 | 10225 | 0 | 22186 | 0 | 164646 | 0 | 0 | 0 |
| SUSAN G HIGH | ||||||||||||||
| AVP/COLLECTIONS | 115431 | 0 | 22243 | 0 | 414 | 0 | 10453 | 0 | 16447 | 0 | 164988 | 0 | 0 | 0 |
| CHANCE R WATSON | ||||||||||||||
| CHIEF AUDIT EXECUTIVE | 109445 | 0 | 25856 | 0 | 180 | 0 | 9456 | 0 | 7053 | 0 | 151990 | 0 | 0 | 0 |
| JEFF J WEBSTER | ||||||||||||||
| AVP/RESEARCH | 110944 | 0 | 22257 | 0 | 414 | 0 | 9949 | 0 | 7845 | 0 | 151409 | 0 | 0 | 0 |
| JAMES B BRADLEY | ||||||||||||||
| AVP/CHIEF INFO SEC. OFFICE | 111212 | 0 | 18495 | 0 | 2286 | 0 | 9976 | 0 | 22133 | 0 | 164102 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE J, PART I: QUESTIONS REGARDING COMPENSATION | Identifier |
| Explanation | PART I, LINE 6A: TG'S BOARD OF DIRECTORS' APPROVED CORPORATE PERFORMANCE AWARD PROGRAM COMPENSATES ELIGIBLE EMPLOYEES BASED UPON PREDETERMINED FORMULAS. THE BOARD APPROVES THE TOTAL AWARD POOL FORMULA BEFORE THE BEGINNING OF THE FISCAL YEAR BASED ON THE ORGANIZATION ACHIEVING ITS CORPORATE GOALS, ONLY ONE OF WHICH IS NET EARNINGS. THE TOTAL AWARD POOL IS APPORTIONED TO EACH CORPORATE GOAL. THE PAYOUT RESULTING FROM ACHIEVING AT LEAST 85% OF EACH GOAL MAY INCREASE DEPENDING ON THE EXTENT TO WHICH THE GOAL IS EXCEEDED; HOWEVER, THE INCREASE IS CAPPED WHEN 120% OF GOAL IS ACHIEVED. ELIGIBLE EMPLOYEES INCLUDE ALL REGULAR EMPLOYEES WORKING A MINIMUM OF 20 HOURS PER WEEK, EMPLOYED AT THE END OF THE FISCAL YEAR, NOT PARTICIPATING IN ANOTHER DEPARTMENTAL INCENTIVE PLAN, AND MEETING MINIMUM PERFORMANCE STANDARDS. EACH EMPLOYEE'S PAYOUT IS BASED ON A FORMULA WHICH TAKES THE SALARY MIDPOINT FOR THAT INDIVIDUAL'S PAY GRADE INTO ACCOUNT. EVERYONE AT A PARTICULAR PAY GRADE WILL GET THE SAME AWARD AS LONG AS THEY ARE ELIGIBLE TO RECEIVE THE AWARD. | Explanation |
Schedule N IRS990ScheduleN
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liquidation Table | LiquidationTable |
Disposition Table DispositionTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | Cash Grant | DescriptionOfAsset |
| Date Of Distribution | 2013-09-03 | DateOfDistribution |
| FMV Of Asset | 248062000 | FMVOfAsset |
| Method Of FMV Determination | Cash | MethodOfFMVDetermination |
| EIN | 746000089 | EIN |
| Name Person | Veterans Education Assistance | NamePerson |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 13528 Capitol Station | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78711 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | TX Higher Edu | IRCSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | false | DirectorOfSuccessor2 |
| Employee Of Successor2 | false | EmployeeOfSuccessor2 |
| Owner Of Successor2 | false | OwnerOfSuccessor2 |
| Receive Compensation2 | false | ReceiveCompensation2 |
Form990 Schedule N Part III Form990ScheduleNPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Cash Grant to Veterans Education Assistance Program | Identifier |
| Return Reference | Part II, Line 1 | ReturnReference |
| Explanation | During the fiscal year, TG made a substantial one-time grant to the State of Texas endowment for the State's Veterans Education Assistance program to provide higher education support to qualified veterans and qualified members of their families. This substantial grant resulted in net assets decreasing by over 25% during the fiscal year. TG has no intent to dissolve and expects to continue normal operations into the future. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GENERAL STATEMENT 1 | FORM 990, PART III, MISSION STATEMENT | "To be the premier provider of information, products, and services to help students and families realize their education and career dreams." TG administers the Federal Family Education Loan Program (FFELP). |
| GENERAL STATEMENT 2 | FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICES | FORM 990, PART III, LINE 4A: GUARANTOR OPERATIONS - TG's guarantor operations encompass the administration of the Federal Family Education Loan Program on behalf of the U.S. Department of Education. As of fiscal year end, TG's outstanding loan portfolio balance exceeded $15 billion. Promoting borrower success is a long-term endeavor, starting before a student borrower enrolls in college and lasting through repayment. TG has a set of specialized teams - Customer Assistance, Default Prevention, and Default Recovery - that serve borrowers throughout the student loan lifecycle. These teams educate student borrowers about loans and their repayment options and help them return to repayment in the case of delinquency or default. Serving as a bridge from graduation to repayment: Recent studies, including one released in 2013 by the Project on Student Debt, spotlight the growing burden of student loans. According to the report, 71 percent of students who graduated in 2012 from a four-year private or public nonprofit university borrowed to pay for their education, leaving school with an average of $29,400 in student loans. Managing such debt in a recovering economy can be a difficult task. TG's Default Prevention team offers help, reaching out to borrowers in a multi-channel communications campaign of emails, letters, and phone calls. The team's goal is to educate and empower borrowers, so that they understand their repayment options and make choices that maintain or return them to healthy repayment. Results for FY 2013 show the benefits of such an approach. The Default Prevention team guided more than 305,000 borrowers with $4.5 billion in loans back to repayment. These efforts not only help borrowers make progress in repayment but also avoid default, which can damage credit and add collection fees to total loan costs. Guiding borrowers back onto the repayment path: Almost every borrower has options, no matter the circumstance. All TG's customer-facing teams emphasize this advice, including the Default Recovery team, which helps borrowers with loans in default. Such borrowers may feel their choices are limited, but the Default Recovery team works to explain otherwise, describing all possible solutions given each borrower's financial needs. The team's experience and willingness to help earned the trust of many borrowers, and more than 27,700 returned to repayment in the last year. Many did so through the best possible method - loan rehabilitation. Under loan rehabilitation, borrowers agree to make nine, on-time payments over a ten-month period. The default is then removed from the borrower's credit history, and the borrower becomes eligible for other benefits, such as loan deferment. Borrowers appreciate the team's comprehensive counseling approach to finding a repayment solution that could help them succeed in repayment. Educating students in the financial literacy fundamentals: Financial literacy is a highly valuable skill in today's economy, especially for students managing their first long-term repayment obligation right out of school. TG offers a robust financial literacy program that has grown more comprehensive over time. The TG Financial Literacy Program covers a broad set of topics (from credit basics to employee compensation); uses a highly interactive teaching method, including games and exercises; and is delivered both in person and online. Today, the TG Financial Literacy Program has earned a reputation as a strong teaching tool, and more than 40,000 students have taken one or more courses, with users coming from colleges, high schools, independent school districts, federal grant programs, and community-based organizations. Leveraging the power of online learning: More colleges and universities are turning to online learning as a convenient, cost-effective way to teach their students a variety of topics, including debt management. The TG Learning Center provides access to a catalog of trainings in financial literacy, default prevention, and policy topics. In the last fiscal year, more than 15,000 users completed one or more offered trainings. In FY 2013, TG added a number of new modules to the TG Learning Center, including sessions on loan counseling and repayment plans. TG also inaugurated two Spanish-language versions of several financial literacy modules previously released. |
| GENERAL STATEMENT 3 | FORM 990, PART III, LINE 4B, 4C, & 4D, DESCRIP. OF PROGRAM SERVICES CONT'D | FORM 990, PART III, LINE 4B: NON-GUARANTOR OPERATIONS - TG's non-guarantor operations include various endeavors related to promoting access to higher education, including TG's philanthropic activities. Significant highlights are described below. Providing extra support to schools and borrowers: In September 2013, the Department of Education released the latest official 2- and 3-year cohort default rates, which measure the number of borrowers who enter repayment in a fiscal year and default within the next year (for 2-year rates) to two years (for 3-year rates). National rates have trended up over time, causing concern in the broader higher education community. In response, many schools are supplementing their borrower outreach efforts with third-party, for-fee servicers like TG's HigherEDGE Default Aversion Solutions. HigherEDGE offers comprehensive support to schools and their borrowers, including a dedicated call center, consulting on effective default prevention practices, online reporting tools for monitoring and managing default, and support in drafting a strategic default management plan. Since its debut, HigherEDGE has proved an important resource to schools, providing crucial help in returning borrowers to repayment. In the last year, the HigherEDGE team doubled the number of its school customers and debuted a mobile-friendly version of its website for borrowers on the go. Offering resources based on research and study: In 2012, TG's Research and Analytical Services team produced a paper, "Balancing Passion and Practicality: The Role of Debt and Major on Students' Financial Outcomes," that considered how a student's choice of major can affect his or her ability to repay education debt. In 2013, TG capitalized on this research by developing an online tool, Major Choices, which supplies an estimate of the median debt-to-income ratios for particular majors at many public colleges and for-profit institutions within Texas. The tool provides a simple way to project student loan payment as a portion of first-year earnings. It also helps students consider how pursuing particular majors at particular schools may affect their bottom line after graduation. Given the growth in college costs and loan debt levels, this Web-based tool has earned national attention. It offers an example of how to put statistical research at the command of students and borrowers weighing the costs and benefits of a worthwhile but long-term investment like college. Providing insight about the causes of high debt: Understanding why student loan debt is on the rise is a priority for many higher education organizations, including TG. Recently, TG's research team analyzed some national data on college costs and came up with some startling results. The research flyer, A Brief Look at Transfer Students and Financial Aid, summarizes this research, which calls into question the received wisdom that bachelor's degree-seeking students save money by starting at a community college. Instead, TG's research reveals that students who start at a two-year college, then transfer and graduate from a four-year university, borrow as often and as much as students who begin at the university level. In the case of private, four-year schools, the amount borrowed is higher for transfer students. One possible cause is that students who start at four-year schools receive more in financial aid from schools than their transfer peers. These findings have caught the attention of the higher education community and spurred other organizations to look closer at borrowing levels among student groups. TG will expand on its findings in an upcoming research paper. TG Philanthropy: In the last year, TG made substantial financial contributions to a variety of higher education initiatives. In FY 2011, TG pledged $25 million to the newly established T-STEM Challenge Scholarship Program. In the last fiscal year, TG fulfilled the balance of its pledge with a contribution of $19.2 million. The program will help students from community and two-year public colleges pursue degrees and certifications in science, technology, engineering, and mathematics, or STEM. In FY 2013, TG contributed $30 million to the TEXAS (Towards EXcellence, Access, and Success) Grant Program, which brings TG's total contribution to the program to $50 million. The TEXAS Grant Program provides higher education grants to eligible students who need financial help to pursue a higher education. As the state's largest financial aid program, the TEXAS Grant Program is an important component of the state's Closing the Gaps by 2015 campaign. In cooperation with the State of Texas, TG contributed $248 million to establish an endowment for the Hazlewood Act Legacy Program (Veterans Education Assistance Fund), which provides higher education funds to qualified veterans and their families. The Hazlewood Act is a State of Texas benefit that offers veterans, their spouses, and dependent children with an education benefit of up to 150 hours of tuition exemption, including most fee charges, at public higher education institutions in Texas. Offering targeted support to break down barriers to a higher education Since 2005, the TG Philanthropy Program has provided competitive grants to institutions and nonprofit organizations working to raise college enrollment and graduation rates. Grants help, either directly or indirectly, students from low- to moderate-income families as well as first-generation college students and students from populations underserved by higher education. In 2013, TG awarded $7.3 million in competitive grants to 33 institutions and nonprofit organizations to advance postsecondary access and completion, and help support educational research. To date, TG has awarded more than $44.3 million through the TG Philanthropy Program. Awards help fund a variety of initiatives, including need-based grants to students; student mentoring and internships; pre-college outreach to students and families; and education research. SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS FORM 990, PART VI, SECTION A, LINE 4 Texas Guaranteed Student Loan Corporation (TG) was formed by an Act of the Texas State Legislature and was governed by Texas state statutes. Effective September 3, 2013, new legislation was enacted that converted TG from a public nonprofit corporation to a nonprofit corporation. The conversion was effectuated by filing a Certificate of Conversion with the Texas Secretary of State. This was purely an administrative matter that did not impact the corporate structure or the operations of TG. TG has received a private letter ruling from the IRS confirming that the conversion did not create a new entity and therefore TG is not required to submit a new Application for Determination of Exempt Status. Following the conversion, TG is managed by its board of directors. Directors are elected by the board and are subject to term limitations. PROCESS OF REVIEWING THE 990 FORM 990, PART VI, SECTION B, LINE 11B: TG'S ACCOUNTING DEPARTMENT WORKS WITH ITS CPA FIRM TO PREPARE THE 990. ONCE A FINAL DRAFT IS AVAILABLE, IT IS SUBMITTED TO EXECUTIVE MANAGEMENT (INCLUDING THE CFO) FOR REVIEW. ONCE ALL QUESTIONS HAVE BEEN RESOLVED, THE RETURN, IN ITS FINAL FORM, IS PRESENTED TO THE TG BOARD OF DIRECTORS; AT WHICH TIME MANAGEMENT WILL HIGHLIGHT SIGNIFICANT SECTIONS OF THE RETURN AND ANSWER ANY QUESTIONS THAT MAY ARISE. |
| ENFORCEMENT OF CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, LINE 12C: | TG'S CODE OF BUSINESS CONDUCT IS A POLICY WHICH ALL EMPLOYEES, OFFICERS AND DIRECTORS MUST AGREE TO. WITHIN THE CODE OF BUSINESS CONDUCT, MANAGERS, KEY EMPLOYEES, OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY BUSINESS INTERESTS OUTSIDE OF TG, AND REAFFIRM EACH YEAR. TG'S LEGAL COUNSEL PROACTIVELY REVIEWS AND ACTS ON POTENTIAL CONFLICTS. ACTUAL CONFLICTS, SHOULD THEY OCCUR, MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION AND POSSIBLE CRIMINAL PROSECUTION. TG TEAM MEMBERS ARE REQUIRED TO COMPLETE PERIODIC TRAINING AS IT RELATES TO TG'S CODE OF BUSINESS CONDUCT. |
| COMPENSATION DETERMINATION PROCESS | FORM 990, PART VI, SECTION B, LINE 15A & 15B | PART VI, LINE 15A: TG contracts with a third party consultant to provide benchmark data for TG employees and officers, including annual compensation studies which are presented to the TG Board of Directors for their review. The third party consultants use compensation data for similarly qualified persons in the comparable positions for both officers and key employees at similar organizations. Documentation to support benchmark decisions regarding compensation arrangements for all employees is retained. The officer and employee positions for which the benchmarking process is used to establish compensation occurs annually. The Board of Directors specifically reviews Senior Management compensation benchmarks and approves annual adjustments and/or merit increases as recommended by the President/CEO. Annually, the Board makes specific decisions on the President/CEO's salary. |
| DISCLOSURE OF DOCUMENTS | FORM 990, PART VI, SECTION C, LINE 19: | TG'S CODE OF BUSINESS CONDUCT, AS WELL AS ITS ANNUAL REPORT, IS AVAILABLE TO ALL EMPLOYEES AND THE GENERAL PUBLIC VIA TG'S WEBSITE, WWW.TGSLC.ORG, OR UPON REQUEST. |
| GENERAL STATEMENT 4 | FORM 990, PART VII, SECTION B: INDEPENDENT CONTRACTORS | NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION ----------------------------------------------------------------------- EDUCATION ASSISTANCE SVCS DEBT COLLECTOR 3,403,400. 3500 C WADLEY PL STE 301 AUSTIN, TX 78728 ACCOUNT CONTROL TECHNOLOGIES DEBT COLLECTOR 2,566,672. 6818 OWENSMOUTH AVE CANOGA PARK, CA 91309 REGIONAL ADJUSTMENT BUREAU DEBT COLLECTOR 2,358,923. 3009 DAVIS PLANTATION ARLINGTON, TX 38002 GENERAL REVENUE CORP DEBT COLLECTOR 2,041,197. 11501 NORTHLAKE PL CINCINNATI, OH 45249 VAN RU CREDIT CORP DEBT COLLECTOR 1,362,621. BOX 1109 SKOKIE, IL 60076-5109 --------------- TOTAL COMPENSATION 11,732,813. --------------- |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATION ASSISTANCE SERVICES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6714 | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 78683 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742748786 | EIN |
| Primary Activity | COLLECTION AG | PrimaryActivity |
| Legal Domicile State | TX | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 3730800 | ShareOfTotalIncome |
| Share Of EOY Assets | 1102023 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| EDUCATION ASSISTANCE SERVICES INC | ||
| A, J | 58654 | FMV |
| EDUCATION ASSISTANCE SERVICES INC | ||
| L, O | 106792 | FMV |
| EDUCATION ASSISTANCE SERVICES INC | ||
| B | 250000 | FMV |
| EDUCATION ASSISTANCE SERVICES INC | ||
| M | 3686382 | FMV |