ACCESSLEX INSTITUTE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ACCESSLEX INSTITUTE (EIN 23-2719985)
- Tax period
- 2011-04-01 to 2012-03-31
- Filed
- 2013-02-14
- IRS object ID
- 201300459349300405
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-02-14T07:55:59-06:00 | Timestamp |
| Tax Period End Date | 2012-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 3100 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232719985 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % CHRISTOPHER CHAPMAN | InCareOfName |
| Name Control | ACCE | NameControl |
| Phone | 4846533311 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Christopher Chapman | Name |
| Title | President & CEO | Title |
| Phone | 4846533311 | Phone |
| Date Signed | 2013-02-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | A Ronald Taxin | Name |
| Phone | 2155614200 | Phone |
| Date Prepared | 2013-02-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | Christopher Chapman | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 285508027 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.accessgroup.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | The organization's most significant activities are to provide financial aid services, programs, and affordable loans for students attending post-secondary educational institutions. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 302 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 1096560 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 267154 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 299709909 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 282492883 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1988470 | InvestmentIncomePriorYear |
| Investment Income Current Year | -2980821 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 301698379 | TotalRevenuePriorYear |
| Total Revenue Current Year | 279512062 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 27827318 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26655782 | 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 | 215782738 | OtherExpensePriorYear |
| Other Expenses Current Year | 189597400 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 243610056 | TotalExpensesPriorYear |
| Total Expenses Current Year | 216253182 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 58088323 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 63258880 | RevenuesLessExpensesCY |
| Total Assets BOY | 8767838300 | TotalAssetsBOY |
| Total Assets EOY | 8078337621 | TotalAssetsEOY |
| Total Liabilities BOY | 8512782778 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7758534609 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 255055522 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 319803012 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES ARE TO PROVIDE FINANCIAL AID SERVICES, PROGRAMS, AND AFFORDABLE LOANS FOR STUDENTS ATTENDING POST-SECONDARY EDUCATIONAL INSTITUTIONS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 205664718 | Expense |
| Revenue | 281396323 | Revenue |
| Description | The primary activity of Access Group, Inc. is to develop and provide financial aid services, programs, and affordable loans for students attending post-secondary educational institutions. During the year loans were made to 9,500 borrowers. | Description |
| Total Program Service Expense | 205664718 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | 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 | true | 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 | false | 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 | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 105655 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 302 | 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 | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | 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 | CHRISTOPHER CHAPMAN | NamePerson |
| Telephone Number | 4846533311 | TelephoneNumber |
Address US AddressUS
| 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) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| HANNAH R ARTERIAN | ||||||||
| BOARD VICE CHAIR | 4.0 | X | X | 0 | 0 | 0 | ||
| JANICE C EBERLY | ||||||||
| BOARD VICE CHAIR | 4.0 | X | X | 0 | 0 | 0 | ||
| E LYNN HAMPTON | ||||||||
| BOARD SECRETARY/ TREASURER | 4.0 | X | X | 0 | 0 | 0 | ||
| JOSEPH D HARBAUGH | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| RONDY E JENNINGS | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| W H KNIGHT JR | ||||||||
| BOARD SECRETARY/TREASURER | 4.0 | X | X | 0 | 0 | 0 | ||
| LEO P MARTINEZ | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| RICHARD A MATASAR | ||||||||
| Board Chair | 4.0 | X | X | 0 | 0 | 0 | ||
| PAULINE A SCHNEIDER | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| KENT D SYVERUD | ||||||||
| BOARD CHAIR | 4.0 | X | X | 0 | 0 | 0 | ||
| SUSAN E WOODWARD | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| CHRISTOPHER CHAPMAN | ||||||||
| PRESIDENT & CEO | 50.0 | X | 710478 | 0 | 47240 | |||
| GREG SHISHKO | ||||||||
| EVP & CFO | 50.0 | X | 383409 | 0 | 26326 | |||
| VIVIAN BOWDEN | ||||||||
| EVP & CMO | 50.0 | X | 366765 | 0 | 29111 | |||
| DAVID CLARK | ||||||||
| SVP & CORP COUNSEL | 50.0 | X | 274830 | 0 | 35983 | |||
| JEAN FRANCOIS | ||||||||
| SVP LOAN OPERATIONS | 50.0 | X | 282777 | 0 | 36993 | |||
| FRANK DELUCA | ||||||||
| SVP INFORMATION TECHNOLOGY | 50.0 | X | 276393 | 0 | 38772 | |||
| JENNIFER BROWN | ||||||||
| SVP ADMINISTRATION | 50.0 | X | 322782 | 0 | 12447 | |||
| PAUL QUIGLEY | ||||||||
| VP PORTFOLIO MANAGEMENT | 50.0 | X | 251461 | 0 | 37220 | |||
| RICHARD SULTZER | ||||||||
| VP CONTROLLER | 50.0 | X | 233684 | 0 | 37652 | |||
| EILEEN SANTOS | ||||||||
| VP MARKETING | 50.0 | X | 204611 | 0 | 22979 | |||
| MARY CHAN | ||||||||
| VP IT DATA & INFO MANAGEMENT | 50.0 | X | 213734 | 0 | 24408 | |||
| DAVID FOX | ||||||||
| VP IT | 50.0 | X | 209500 | 0 | 41397 | |||
| KEITH COUGHEY | ||||||||
| VP RISK MANAGEMENT | 50.0 | X | 208601 | 0 | 28108 | |||
| ERICA FAIR | ||||||||
| VP ORIGINATIONS & SERVICES | 50.0 | X | 180874 | 0 | 24035 | |||
| HEATHER DROMGOOLE | ||||||||
| VP HUMAN RESOURCES | 50.0 | X | 169836 | 0 | 20770 | |||
| CHRIS PIETRAFITTA | ||||||||
| LIGITATION COUNSEL | 40.0 | 156187 | 0 | 20747 | X | |||
| LARRY CASEY | ||||||||
| DIRECTOR, SYSTEMS DEVELOPMENT | 40.0 | 149151 | 0 | 33336 | X | |||
| ANGELA O'BRIEN | ||||||||
| MANAGING DIRECTOR, IT BUSINESS | 40.0 | 148294 | 0 | 33209 | X | |||
| ANDREA GREENWOOD | ||||||||
| MANAGING DIRECTOR, PROJECT MGT | 40.0 | 141826 | 0 | 19367 | X | |||
| CHRIS CLEMENTS | ||||||||
| MANAGER, DATABASE | 40.0 | 137899 | 0 | 32999 | X | |||
| TIMOTHY BALFOUR | ||||||||
| FORMER VP SALES & SCHOOL SVCS | 50.0 | 164904 | 0 | 3787 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5187996 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 606886 | TotalOtherCompensation |
| Number Individuals GT100 K | 46 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Debevoise Plimpton LLP | |||||
| 919 Third Avenue | NEW YORK | NY | 10022 | Attorney Services | 1411681 |
| Modern Mail | |||||
| 100 Pencader Drive | NEWARK | DE | 19702 | Mailings | 1339979 |
| Integrant Inc | |||||
| 5405 Oberlin Drive Suite 200 | SAN DIEGO | CA | 92121 | IT Consulting | 924428 |
| V Tek Systems Corp | |||||
| 1315 S Valley Vista Drive | DIAMOND | CA | 91765 | IT Consulting | 432835 |
| KPMG LLP | |||||
| 1601 Market Street | PHILADELPHIA | PA | 19103 | Audit Services | 408358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STUDENT LOAN PROGRAM | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 282492883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 281396323 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1096560 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 282492883 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2688061 | TotalRevenueColumn |
| Exclusion | $2,688,061 | 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 Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 327083 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15429 | Securities |
| Other | 5980536 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 311654 | Securities |
| Other | -5980536 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5668882 | TotalRevenueColumn |
| Exclusion | -$5,668,882 | ExclusionAmount |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 279512062 | TotalRevenueColumn |
| Related Or Exempt Function Income | 281396323 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1096560 | UnrelatedBusinessRevenue |
| Exclusion | -$2,980,821 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 2873306 | Total |
| Program Services | 2327378 | ProgramServices |
| Management And General | 545928 | ManagementAndGeneral |
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 | 13635288 | Total |
| Program Services | 11014504 | ProgramServices |
| Management And General | 2620784 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1180529 | Total |
| Program Services | 953067 | ProgramServices |
| Management And General | 227462 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7443924 | Total |
| Program Services | 4745474 | ProgramServices |
| Management And General | 2698450 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1522735 | Total |
| Program Services | 1201042 | ProgramServices |
| Management And General | 321693 | ManagementAndGeneral |
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 | 1580195 | Total |
| Program Services | 195394 | ProgramServices |
| Management And General | 1384801 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506349 | Total |
| Program Services | 197031 | ProgramServices |
| Management And General | 309318 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 72889 | Total |
| Management And General | 72889 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7649167 | Total |
| Program Services | 6403107 | ProgramServices |
| Management And General | 1246060 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336828 | Total |
| Program Services | 301665 | ProgramServices |
| Management And General | 35163 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2327581 | Total |
| Program Services | 2083901 | ProgramServices |
| Management And General | 243680 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2423464 | Total |
| Program Services | 2423464 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2046036 | Total |
| Program Services | 1792596 | ProgramServices |
| Management And General | 253440 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 249922 | Total |
| Program Services | 211282 | ProgramServices |
| Management And General | 38640 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225209 | Total |
| Program Services | 225209 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117855495 | Total |
| Program Services | 117855495 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6141580 | Total |
| Program Services | 5889111 | ProgramServices |
| Management And General | 252469 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337687 | Total |
| Management And General | 337687 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| CONSOLIDATION LOAN REBATE FEE | 29397647 | 29397647 |
| PROVISION FOR LOAN LOSSES | 16891599 | 16891599 |
| AMORTIZATION OF FEES | 1539776 | 1539776 |
| PROGRAM MATERIALS | 389858 | 389858 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -373882 | Total |
| Program Services | -373882 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216253182 | Total |
| Program Services | 205664718 | ProgramServices |
| Management And General | 10588464 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1723921 | BOY |
| EOY | 2218 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | 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 | 971200 | BOY |
| EOY | 16696246 | 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 | 8116910429 | BOY |
| EOY | 7471996979 | 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 | 32130223 | BOY |
| EOY | 32671184 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22354657 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 18078759 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15250118 | BOY |
| EOY | 4275898 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180045751 | BOY |
| EOY | 244326451 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | 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 | 420806658 | BOY |
| EOY | 308368645 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8767838300 | BOY |
| EOY | 8078337621 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17959172 | BOY |
| EOY | 14900163 | 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 | 8490814330 | BOY |
| EOY | 7739415293 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4009276 | BOY |
| EOY | 4219153 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8512782778 | BOY |
| EOY | 7758534609 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255055522 | BOY |
| EOY | 319803012 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255055522 | BOY |
| EOY | 319803012 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8767838300 | BOY |
| EOY | 8078337621 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 63258880 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1488610 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 730284016 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 483699710 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 270241233 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 298737688 | CurrentTaxYearMinus1Year |
| Current Tax Year | 281396323 | CurrentTaxYear |
| Total | 2064358970 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 730284016 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 483699710 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 270241233 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 298737688 | CurrentTaxYearMinus1Year |
| Current Tax Year | 281396323 | CurrentTaxYear |
| Total | 2064358970 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2064358970 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5185374 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1868170 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 925621 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1774712 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2688061 | CurrentTaxYear |
| Total | 12441938 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5185374 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1868170 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 925621 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1774712 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2688061 | CurrentTaxYear |
| Total | 12441938 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 122733 | CurrentTaxYearMinus1Year |
| Current Tax Year | 267154 | CurrentTaxYear |
| Total | 389887 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 735469390 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 485567880 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 271166854 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 300635133 | CurrentTaxYearMinus1Year |
| Current Tax Year | 284351538 | CurrentTaxYear |
| Total | 2077190795 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99382 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99389 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00599 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00605 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2435405 | OtherCostOrOtherBasis |
| Depreciation | 1597743 | Depreciation |
| Book Value | 837662 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19744501 | OtherCostOrOtherBasis |
| Depreciation | 16341531 | Depreciation |
| Book Value | 3402970 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 174751 | OtherCostOrOtherBasis |
| Depreciation | 139485 | Depreciation |
| Book Value | 35266 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4275898 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| PAYROLL RELATED LIABILITIES | $4,147,525 |
| OTHER CURRENT LIABILITIES | $71,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4219153 | TotalOfAmounts |
| Total Revenue | 279512062 | TotalRevenue |
| Total Expenses | 216253182 | TotalExpenses |
| Excess Or Deficit For Year | 63258880 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4031453 | NetUnrealizedGLOnInvestments |
| Other | -$2,542,844 | OtherAmount |
| Total Adjustments | 1488609 | TotalAdjustments |
| Excess Or Deficit Per FS | 64747489 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 248114170 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4031453 | NetUnrealizedGainsInvestments |
| Other Revenues | 17768 | OtherRevenues |
| Revenue Not Rptd F990 | 4049221 | RevenueNotRptdF990 |
| Revenue Subtotal | 244064949 | RevenueSubtotal |
| Other Revenues Not Included | 35447113 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 35447113 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 279512062 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 183366680 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2560612 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2560612 | ExpensesNotRptdF990 |
| Expenses Subtotal | 180806068 | ExpensesSubtotal |
| Other Expenses Not Included | 35447114 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 35447114 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 216253182 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule D Reconciliation of Net Assets | Schedule D, Part XI, Line 8 | Loan Reserve Trust Income 17,768 Loan Reserve Trust Expense 2,560,614 ----------- Net Loan Reserve Trust Excess (2,542,854) =========== |
| Reconciliation of Revenue | Schedule D, Part XII, Line 2d | Loan Reserve Trust income 17,768 -------- Total Line 2D 17,768 ======== |
| Other Revenue Included on Return but not on books | Schedule D, Part XII, Line 4b | Gain on sale of fixed assets orig incl in expense (5,980,536) Amortization of fees 1,539,776 Consolidation Loan Rebate Fee 29,397,647 PEAKS - deconsolidated interest income 10,629,552 PEAKS - noninterest income (139,326) ----------- Total Line 4B 35,447,113 =========== |
| Reconciliation of Expenses | Schedule D, Part XIII, Line 2d | Loan Reserve Trust Expenses 2,560,612 --------- Total Line 2D 2,560,612 ========= |
| Other Expenses Included on Return but Not on Books | Schedule D, Part XIII, Line 4b | Gain on sale of fixed assets orig incl in expense (5,980,536) Amortization of fees 1,539,776 Consolidation Loan Rebate Fee 29,397,647 PEAKS - deconsolidated interest expense 4,834,429 PEAKS - deconsolidated provision 4,820,932 PEAKS - deconsolidated noninterest expense 834,865 ----------- Total Line 4B 35,447,113 =========== |
| FIN 48 Statement | Part X | 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | 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 | false | 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)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER CHAPMAN | |||||||||||||
| 484843 | 0 | 206770 | 0 | 18865 | 0 | 19600 | 0 | 27640 | 0 | 757718 | 0 | 0 | 0 |
| GREG SHISHKO | |||||||||||||
| 321158 | 0 | 55681 | 0 | 6570 | 0 | 11327 | 0 | 14999 | 0 | 409735 | 0 | 0 | 0 |
| VIVIAN BOWDEN | |||||||||||||
| 229321 | 0 | 114202 | 0 | 23242 | 0 | 19600 | 0 | 9511 | 0 | 395876 | 0 | 0 | 0 |
| DAVID CLARK | |||||||||||||
| 170977 | 0 | 79531 | 0 | 24322 | 0 | 15861 | 0 | 20122 | 0 | 310813 | 0 | 0 | 0 |
| JEAN FRANCOIS | |||||||||||||
| 177324 | 0 | 82211 | 0 | 23242 | 0 | 16409 | 0 | 20584 | 0 | 319770 | 0 | 0 | 0 |
| FRANK DELUCA | |||||||||||||
| 167605 | 0 | 78332 | 0 | 30456 | 0 | 15633 | 0 | 23139 | 0 | 315165 | 0 | 0 | 0 |
| JENNIFER BROWN | |||||||||||||
| 83755 | 0 | 91530 | 0 | 147497 | 0 | 4720 | 0 | 7727 | 0 | 335229 | 0 | 0 | 0 |
| PAUL QUIGLEY | |||||||||||||
| 166813 | 0 | 72853 | 0 | 11795 | 0 | 14647 | 0 | 22573 | 0 | 288681 | 0 | 0 | 0 |
| RICHARD SULTZER | |||||||||||||
| 136326 | 0 | 68117 | 0 | 29241 | 0 | 13235 | 0 | 24417 | 0 | 271336 | 0 | 0 | 0 |
| EILEEN SANTOS | |||||||||||||
| 164950 | 0 | 35457 | 0 | 4204 | 0 | 13576 | 0 | 9403 | 0 | 227590 | 0 | 0 | 0 |
| MARY CHAN | |||||||||||||
| 151731 | 0 | 36033 | 0 | 25970 | 0 | 14035 | 0 | 10373 | 0 | 238142 | 0 | 0 | 0 |
| DAVID FOX | |||||||||||||
| 162778 | 0 | 35918 | 0 | 10804 | 0 | 13752 | 0 | 27645 | 0 | 250897 | 0 | 0 | 0 |
| KEITH COUGHEY | |||||||||||||
| 148222 | 0 | 34817 | 0 | 25562 | 0 | 13885 | 0 | 14223 | 0 | 236709 | 0 | 0 | 0 |
| ERICA FAIR | |||||||||||||
| 140312 | 0 | 30942 | 0 | 9620 | 0 | 12128 | 0 | 11907 | 0 | 204909 | 0 | 0 | 0 |
| HEATHER DROMGOOLE | |||||||||||||
| 116621 | 0 | 46518 | 0 | 6697 | 0 | 10056 | 0 | 10714 | 0 | 190606 | 0 | 0 | 0 |
| CHRIS PIETRAFITTA | |||||||||||||
| 118586 | 0 | 14562 | 0 | 23039 | 0 | 11371 | 0 | 9376 | 0 | 176934 | 0 | 0 | 0 |
| LARRY CASEY | |||||||||||||
| 127413 | 0 | 14090 | 0 | 7648 | 0 | 11175 | 0 | 22161 | 0 | 182487 | 0 | 0 | 0 |
| ANGELA O'BRIEN | |||||||||||||
| 116633 | 0 | 14408 | 0 | 17253 | 0 | 11073 | 0 | 22136 | 0 | 181503 | 0 | 0 | 0 |
| ANDREA GREENWOOD | |||||||||||||
| 111834 | 0 | 12882 | 0 | 17110 | 0 | 10375 | 0 | 8992 | 0 | 161193 | 0 | 0 | 0 |
| CHRIS CLEMENTS | |||||||||||||
| 115185 | 0 | 18566 | 0 | 4148 | 0 | 10019 | 0 | 22980 | 0 | 170898 | 0 | 0 | 0 |
| TIMOTHY BALFOUR | |||||||||||||
| 29023 | 0 | 12864 | 0 | 123017 | 0 | 1400 | 0 | 2387 | 0 | 168691 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | THE ORGANIZATION'S POLICY IS TO REIMBURSE MEMBERSHIP FEES TO HEALTH CLUBS UP TO A MAXIMUM OF $200 PER YEAR AND APPLIES TO ALL EMPLOYEES. |
| Severance or change of control | Schedule J, Part I, Line 4a | JENNIFER BROWN - SEVERANCE PAY $141,584 TIM BALFOUR - SEVERANCE PAY $108,534 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Members or Stockholders | Form 990, Part VI, Line 6 | Access Group, Inc. is a Delaware nonstock corporation. It is a membership organization whose members are state-operated or tax-exempt American Bar Association-approved law schools located in the United States. |
| Members or Stockholders Who May Elect | Form 990, Part VI, Line 7a | Pursuant to Section 3.2 of the organization's by-laws, the Board of Directors shall consist of no more than thirteen directors. The members shall 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 directors then serving. |
| Decisions Subject to Approval | Form 990, Part VI, Line 7b | Section 2.6.C of the bylaws provides that the members must approve the following actions of the board of directors: the revocation, repeal, amendment, or modification of Section 2.6.C of the bylaws and the revocation, repeal, amendment, or modification of Article X of the certificate of incorporation regarding distributions upon liquidation of the organization. The Delaware General Corporation law also contains provisions requiring that certain actions by the board of directors be approved by the voting members. |
| Form 990 Review Process | Form 990, Part VI, Line 11b | Form 990 was prepared by management in consultation with the organization's tax accountants and attorneys. Pursuant to its charter, the audit committee of the board of directors reviewed a draft at a meeting prior to filing. A copy of the final Form 990, including all required schedules, was provided to each of the organization's directors prior to filing with the IRS. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c | Monitoring of conflict of interest policy - 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. The organization's internal audit department conducts periodic reviews as required by the organization's conflict of interest policy. |
| Process for Determining Compensation | Form 990, Part VI, Line 15a | The process for determining the compensation of President and Chief Executive Officer of the Corporation 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 Corporation'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 Chief Executive Officer, and authorizes, on the record, any changes to such Officer's compensation. |
| Process for Determining Compensation | Form 990, Part VI, Line 15b | Compensation of the organization's other officers and key employees is determined in the same manner used for employees in general. The organization develops a chart of salary ranges based on market pay data and a merit increase matrix. Employees receive annual performance reviews. The performance review rating for each employee is correlated with the employee's salary range and the merit increase matrix. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 | 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 past three years are available on its website. |
| PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES | UNREALIZED GAINS 4,031,453 Loan Reserve Trust Income 17,768 Loan Reserve Trust Expense (2,560,612) ----------- TOTAL 1,488,609 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| Access Funding ABCP-I (ABCP-I) | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | 12469247 | 589860705 | NA |
| Program for Educ & Access to Knwldge for | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | 41142376 | 364126406 | NA |
| Affiliated Loan Program for Students | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | 3263997 | 56111814 | NA |
| Financing Alt for Qualified Students | |||||||||
| C/O ACCESS GROUP 10 N High Street | West Chester | PA | 19380 | 232719985 | Student Loans | DE | 47511 | 2719708 | NA |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group Loan Reserve Trust I | BusinessNameLine1 |
Address US AddressUS
| 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 | PrimaryActivities |
| Legal Domicile State | DE | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11a | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Funding 2010-A LLC | BusinessNameLine1 |
Address US AddressUS
| 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 Activity | Student Loans | PrimaryActivity |
| Legal Domicile State | DE | LegalDomicileState |
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 | PredominantIncomeType |
| Share Of Total Income | 344714 | ShareOfTotalIncome |
| Share Of EOY Assets | 5194167 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| Code V | $0 | CodeVAmount |
| General Or Managing Partner | true | GeneralOrManagingPartner |
| Percentage Ownership | 0.01000 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Agility Loan Services Inc | BusinessNameLine1 |
Address US AddressUS
| 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 Activity | Inactive | PrimaryActivity |
| Legal Domicile State | DE | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group In | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | 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 | true | LoansOrGuaranteesFromOtherOrg |
| 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 | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |