NORTHWEST EDUCATION LOAN ASSOCIATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NORTHWEST EDUCATION LOAN ASSOCIATION (EIN 91-1068278)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-08-04
- IRS object ID
- 201102169349300430
- Schema version
- 2009v1.7
- 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 | 2011-08-04T12:08:20-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE STE 2000 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462045108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911068278 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWEST EDUCATION LOAN ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 3178061231 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 6028 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462066028 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN C HAM | Name |
| Title | CFO & Treasurer | Title |
| Phone | 3178061231 | Phone |
| Date Signed | 2011-08-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey D Frank | Name |
| Phone | 3174648600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NELA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Carl Dalstrom | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 Crosspoint Blvd Ste 400 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21006420 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.nela.net | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | WA | StateLegalDomicile |
| Activity Or Mission Description | NELA'S MISSION IS TO ENHANCE POSTSECONDARY EDUCATION PREPAREDNESS, ACCESS AND SUCCESS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 1 | NbrIndependentVotingMembers |
| Total Nbr Employees | 26 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 400057 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 506132 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 19464910 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20317543 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 78465 | InvestmentIncomePriorYear |
| Investment Income Current Year | 32745 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19943432 | TotalRevenuePriorYear |
| Total Revenue Current Year | 20856420 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 434123 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 453850 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1030936 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1167391 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 10188 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18644788 | OtherExpensePriorYear |
| Other Expenses Current Year | 18205626 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20109847 | TotalExpensesPriorYear |
| Total Expenses Current Year | 19826867 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -166415 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1029553 | RevenuesLessExpensesCY |
| Total Assets BOY | 40460757 | TotalAssetsBOY |
| Total Assets EOY | 38268937 | TotalAssetsEOY |
| Total Liabilities BOY | 33712215 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 30477827 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6748542 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7791110 | NetAssetsOrFundBalancesEOY |
| Mission Description | NELA'S MISSION IS TO ENHANCE POSTSECONDARY EDUCATION PREPAREDNESS, ACCESS AND SUCCESS BY PROVIDING AND SUPPORTING FINANCIAL AND OTHER VALUED SERVICES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 10259843 | Expense |
| Revenue | 13463666 | Revenue |
| Description | COLLECTION ON DEFAULTED LOANS - NELA SUCCESSFULLY COLLECTED OVER $70.5 MILLION ON DEFAULTED EDUCATIONAL LOANS IN THE CURRENT YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4727306 | Expense |
| Revenue | 4237046 | Revenue |
| Description | GUARANTEE SERVICES - NELA GUARANTEED OVER $358 MILLION OF EDUCATIONAL LOANS AND MAINTAINS A PORTFOLIO OVER $4.9 BILLION IN OUTSTANDING EDUCATIONAL LOANS IN ACCORDANCE WITH THE HIGHER EDUCATION ACT OF 1965, AS AMENDED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1737715 | Expense |
| Revenue | 2030928 | Revenue |
| Description | DEFAULT AVERSION - NELA WORKED WITH BORROWERS AND SUCCESSFULLY AVERTED DEFAULTS ON OVER $1.07 MILLION OF DELINQUENT EDUCATIONAL LOANS REPORTED BY LENDERS IN THE CURRENT YEAR. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1824441 | Expense |
| Grants | 453850 | Grants |
| Revenue | 585903 | Revenue |
| Description | Primarily includes guarantor revenues, as defined by the U.SHigher Education Act. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1824441 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 453850 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 585903 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 18549305 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 26 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 1 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deborah L McCloud | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3178061231 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 Crosspoint Blvd Suite 400 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 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 |
|---|---|---|---|---|---|---|---|
| Carl C Dalstrom | |||||||
| Chairman & CEO | 40.00 | X | X | 0 | 582330 | 192229 | |
| Denise B Feser | |||||||
| President | 40.00 | X | X | 0 | 289182 | 76194 | |
| Karen L DeVilla | |||||||
| Executive Director | 40.00 | X | X | 163714 | 0 | 62205 | |
| Rev William Beauchamp | |||||||
| Board Member | 1.00 | X | 0 | 41550 | 0 | ||
| David B Boodt | |||||||
| Sr. VP & General Counsel | 40.00 | X | 0 | 293349 | 90562 | ||
| Stephen C Ham | |||||||
| CFO & Treasurer | 40.00 | X | 0 | 314406 | 84370 | ||
| Joni M Anderson | |||||||
| Secretary | 40.00 | X | 0 | 150097 | 41554 | ||
| Danette L Knudson | |||||||
| Dir Ext Rel & Outreach | 40.00 | 119302 | 0 | 20493 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 283016 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1670914 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 567607 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sallie Mae | |||||
| 11100 USA Parkway | Fishers | IN | 46038 | Guarantor Services | 14481571 |
| Student Assistance Corporation | |||||
| 11100 USA Parkway | Fishers | IN | 46038 | Default Aversion Activities | 1789131 |
| USA Funds | |||||
| 9998 Crosspoint Blvd Ste 400 | Indianapolis | IN | 46256 | Administrative Fees | 434794 |
| WIPFLI LLP | |||||
| PO Box 3160 | Milwaukee | WI | 532013160 | Consulting Services | 294207 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Related Organizations | 300000 | RelatedOrganizations |
| All Other Contributions | 206132 | AllOtherContributions |
| Total Contributions | 506132 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Collections on Default | 522000 | 13463666 | 13463666 |
| Guarantee Services | 522000 | 4237046 | 4237046 |
| Default Aversion Fees | 522000 | 2030928 | 2030928 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 585903 | TotalRevenueColumn |
| Related Or Exempt Function Income | 585903 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20317543 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32745 | TotalRevenueColumn |
| Exclusion | $32,745 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 150000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 150000 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20856420 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20317543 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $32,745 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153350 | Total |
| Program Services | 153350 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300500 | Total |
| Program Services | 300500 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175139 | Total |
| Management And General | 175139 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 852507 | Total |
| Program Services | 548541 | ProgramServices |
| Management And General | 294959 | ManagementAndGeneral |
| Fundraising | 9007 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67965 | Total |
| Program Services | 43306 | ProgramServices |
| Management And General | 24146 | ManagementAndGeneral |
| Fundraising | 513 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71780 | Total |
| Program Services | 27445 | ProgramServices |
| Management And General | 43667 | ManagementAndGeneral |
| Fundraising | 668 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18427 | Total |
| Program Services | 15700 | ProgramServices |
| Management And General | 2727 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64686 | Total |
| Management And General | 64686 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1116617 | Total |
| Program Services | 660618 | ProgramServices |
| Management And General | 455999 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127986 | Total |
| Program Services | 90864 | ProgramServices |
| Management And General | 37122 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30198 | Total |
| Program Services | 11779 | ProgramServices |
| Management And General | 18419 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 285751 | Total |
| Program Services | 281151 | ProgramServices |
| Management And General | 4600 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 126996 | Total |
| Program Services | 126996 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116702 | Total |
| Program Services | 60189 | ProgramServices |
| Management And General | 56513 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41271 | Total |
| Program Services | 30146 | ProgramServices |
| Management And General | 11125 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8025 | Total |
| Program Services | 4178 | ProgramServices |
| Management And General | 3847 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3763 | Total |
| Program Services | 2509 | ProgramServices |
| Management And General | 1254 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Collection Expense | 10259843 | 10259843 |
| Acct. Maint. & Issuance | 3648157 | 3648157 |
| Default Aversion Fees | 1737715 | 1737715 |
| Default Fee Expense | 364726 | 364726 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254763 | Total |
| Program Services | 181592 | ProgramServices |
| Management And General | 73171 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19826867 | Total |
| Program Services | 18549305 | ProgramServices |
| Management And General | 1267374 | ManagementAndGeneral |
| Fundraising | 10188 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7030206 | BOY |
| EOY | 5330858 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5399675 | BOY |
| EOY | 3009472 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4003883 | BOY |
| EOY | 3577558 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 60971 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15388 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37421 | BOY |
| EOY | 45583 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3371589 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171308 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23818264 | BOY |
| EOY | 22933877 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40460757 | BOY |
| EOY | 38268937 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6712550 | BOY |
| EOY | 4915171 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3835362 | BOY |
| EOY | 3757056 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23164303 | BOY |
| EOY | 21805600 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33712215 | BOY |
| EOY | 30477827 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6596991 | BOY |
| EOY | 7757777 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151551 | BOY |
| EOY | 33333 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6748542 | BOY |
| EOY | 7791110 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40460757 | BOY |
| EOY | 38268937 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 | 6549360 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7243205 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 785000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 400057 | CurrentTaxYearMinus1Year |
| Current Tax Year | 506132 | CurrentTaxYear |
| Total | 15483754 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6549360 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7243205 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 785000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 400057 | CurrentTaxYearMinus1Year |
| Current Tax Year | 506132 | CurrentTaxYear |
| Total | 15483754 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 15483754 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 327760 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 395769 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 281975 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 78465 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32745 | CurrentTaxYear |
| Total | 1116714 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 16600468 | TotalSupport |
| Gross Receipts From Admissions Etc | 107549920 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.93270 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95050 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17529 | OtherCostOrOtherBasis |
| Depreciation | 2632 | Depreciation |
| Book Value | 14897 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 43442 | OtherCostOrOtherBasis |
| Depreciation | 12756 | Depreciation |
| Book Value | 30686 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 45583 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Receivable from Fed Fund | 1220452 |
| Assets held on behalf of Fed Reserve | 21713425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 22933877 | TotalBookValueOtherAssets |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART IV, LINE 2B: NELA HOLDS FEDERAL RESERVE FUNDS IN TRUST FOR THE U.S. DEPARTMENT OF EDUCATION. NELA ALSO HOLDS ASSETS AS ESCROW ON BEHALF OF THE WASHINGTON SCHOLARSHIP COALITION. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| South Puget Sound Community College Foundation | |||||||
| 2011 Mottman Road SW | Olympia | WA | 985126292 | 911174940 | 501c3 | 34000 | 2009 All-Washington Academic Team Ceremony. |
| NELA as Escrow for Scholarship Coalition | |||||||
| 309 23rd Ave S | Seattle | WA | 98144 | 911068278 | 501c3 | 10000 | Washington Scholarship Coalition Grant |
| Northwest Dollars for Scholars | |||||||
| 12711 58th Dr SE | Snohomish | WA | 98296 | 042296967 | 501c3 | 15000 | Light the Fire for Education |
| Alliance for Education | |||||||
| 509 Olive Way Suite 500 | Seattle | WA | 98101 | 911508191 | 501c3 | 5000 | Black and Orange Ball |
| City Year Inc | |||||||
| 2203 23rd Ave S 101 | Seattle | WA | 98144 | 222882549 | 501c3 | 5000 | Ripples of Hope Annual Benefit Gala |
| College Success Foundation | |||||||
| 1605 NW Sammamish Road Suite 100 | Issaquah | WA | 98027 | 912036088 | 501C3 | 58400 | Know How To Go |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 205 | NumberOfRecipients |
| Amount Of Cash Grant | 300500 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: NELA's grant-making is limited to WA, OR, ID, AND AK. NELA monitors the use of grant funds by requiring the grantee to send in a final accounting report describing how the funds were used. This report will include actual expenses that would be compared to the budget sent in with the original grant request. In addition, NELA staff have routine meetings with grantees, some on their site and others at our site. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carl C Dalstrom | |||||||||||||
| 0 | 374505 | 0 | 172000 | 0 | 35825 | 0 | 174482 | 0 | 17747 | 0 | 774559 | 0 | 0 |
| Denise B Feser | |||||||||||||
| 0 | 179393 | 0 | 78700 | 0 | 31089 | 0 | 67900 | 0 | 8294 | 0 | 365376 | 0 | 0 |
| Karen L DeVilla | |||||||||||||
| 116271 | 0 | 23579 | 0 | 23864 | 0 | 40248 | 0 | 21957 | 0 | 225919 | 0 | 0 | 0 |
| David B Boodt | |||||||||||||
| 0 | 201971 | 0 | 80500 | 0 | 10878 | 0 | 67900 | 0 | 22662 | 0 | 383911 | 0 | 0 |
| Stephen C Ham | |||||||||||||
| 0 | 204195 | 0 | 86100 | 0 | 24111 | 0 | 64623 | 0 | 19747 | 0 | 398776 | 0 | 0 |
| Joni M Anderson | |||||||||||||
| 0 | 104866 | 0 | 28055 | 0 | 17176 | 0 | 33105 | 0 | 8449 | 0 | 191651 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 4b: | United Student Aid Funds, Inc. has a plan for the CEO of NELA. No payments have been made under the plan. |
| Part I, Line 7 | All officers and all employees of the company participate in the "Employee Incentive Plan." Annual payments are based on overall corporate performance in the accomplishment of the Corporate objectives, as evaluated by the Board of Trustees of United Student Aid Funds, Inc., and individual performance. The amount of the payment is a percentage of annual salary, varying by the salary grade of the individual position. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part III, line 3 | Changes in Program Services | THERE WAS A LEGISLATIVE CHANGE EFFECTIVE JULY 1, 2010 WHICH ELIMINATED THE ORIGINATION OF NEW LOANS UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) PER THE HIGHER EDUCATION ACT OF 1965, AS AMENDED. THEREFORE, NORTHWEST EDUCATION LOAN ASSOCIATION HAD NO NEW GUARANTEES OF LOANS AFTER JUNE 30, 2010. |
| Form 990, Part VI, Section A, line 2 | The following are officers and board members of Northwest Education Loan Association, Inc. which are also officers, board members, or employees of United Student Aid Funds, Inc. and other related organizations. Carl Dalstrom Denise Feser Rev. William Beauchamp Stephen Ham Joni Anderson Karen Devilla David Boodt | |
| Form 990, Part VI, Section A, line 6 | United Student Aid Funds, Inc. is the sole member of NELA and appoints the board. | |
| Form 990, Part VI, Section A, line 7a | United Student Aid Funds, Inc. (USA Funds) is the parent corporation and sole member of NELA. As the member, USA Funds has the right to (a) Elect and remove the members of the Board of Trustees of NELA, and (b) Fill any vacancy on the Board of Trustees. | |
| Form 990, Part VI, Section A, line 7b | While the Board of Trustees of NELA is granted certain powers with respect to operations, as the member, United Student Aid Funds, Inc. retains approval rights with respect to certain corporate actions such as (I) Adoption of the organization's financial plans, (II) Expenditures for non-budgeted items in excess of certain dollar limits set from time to time by the member, (III) Expenditures for items which are included in the organization's annual budgets but which exceed the budgeted amount by an amount in excess of certain dollar limits set from time to time by the member, (IV) Incurrence, assumption or guarantee of any indebtedness, and (V) Any merger, consolidation, reorganization, dissolution or liquidation. | |
| Form 990, Part VI, Section B, line 11 | Once the Form 990 is prepared by the Company, with assistance from the external tax accounting firm, the Form and all applicable Schedules are provided to the Audit Committee of the Board of Trustees of United Student Aid Funds, Inc. for review. After the Audit Committee has completed their review, the Form and all applicable Schedules are provided to the full Northwest Education Loan Association Board in advance of the Form being filed with the IRS, allowing time for review and comment by the full Board. | |
| Form 990, Part VI, Section B, line 12c | Annually, a conflict of interest and disclosure questionnaire is required to be completed by all employees. The purpose of the questionnaire is to solicit information about relationships that may constitute a potential conflict of interest. Each member of the Board of Trustees signs an annual conflict of interest disclosure statement that discloses actual or potential conflicts of interest as set forth in the approved Conflicts of Interest Policy for Trustees. The disclosure statements are reviewed by the Audit Committee of the Board of Trustees. When any such conflict of interest is relevant to a matter requiring action by the Board of Trustees or the Audit Committee, the interested person shall call it to the attention of the chair of the Audit Committee, and such person shall not vote on the matter. Moreover, the person having the conflict shall leave the room in which the meeting is held and not participate in the final deliberations or decision regarding the matter under consideration. A board member shall advise the chair of the Audit Committee and the Corporate Secretary in writing of any potential conflicts of interest which arise after signing the conflict of interest disclosure statement. | |
| Form 990, Part VI, Line 15: NELA's CEO is compensated by United Student Aid Funds, Inc (USA Funds), a related tax-exempt organization. Compensation determinations for USA Funds are made by a compensation committee of USA Funds whose members have no conflict of interest within the meaning of Treas. Reg. 53.4958-6(C)(1)(III). The compensation committee establishes the compensation philosophy, and with comparability data provided by an independent compensation consultant, annually evaluates the performance of the CEO, and determines in advance the reasonableness of compensation paid to and benefits provided to such individual. As part of the annual performance evaluation, the compensation committee solicits the views of the chairs of the other board committees. The determinations made and the basis of such determinations are contemporaneously documented in written minutes. Final determinations are reported to the full board of trustees of USA Funds. | ||
| Form 990, Part VI, Section C, line 19 | The organization makes any document open to public inspection available upon request. | |
| Form 990, Part VII, Line 1A, Column B: | TRACKING OF HOURS BY ENTITIES OFFICERS OF NORTHWEST EDUCATION LOAN ASSOCIATION PROVIDE SERVICES TO UNITED STUDENT AID FUNDS, INC. AND AFFILIATES. HOURS WORKED ARE NOT TRACKED SEPARATELY FOR EACH ENTITY. THEREFORE, HOURS FOR ALL OFFICERS REPORTED ON FORM 990, PART VII, COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES REPRESENT AGGREGATE HOURS WORKED PER WEEK FOR ALL ENTITIES. | |
| Form 990, Part XI, Line 2a & b: | THE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF UNITED STUDENT AID FUNDS, INC., WHICH ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE OF UNITED STUDENT AID FUNDS, INC. PROVIDES ASSISTANCE TO THE BOARD OF TRUSTEES IN FULFILLING ITS FIDUCIARY RESPONSIBILITIES, MAINTAINS FREE AND OPEN COMMUNICATION BETWEEN THE COMMITTEE, THE DIRECTOR OF INTERNAL AUDIT/COMPLIANCE, THE INDEPENDENT AUDITORS, AND MANAGEMENT, AND ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. MAJOR RESPONSIBILITIES INCLUDE: -ANNUALLY, APPROVE THE ENGAGEMENT OF THE EXTERNAL AUDITORS, INCLUDING RELATED SCOPE, FEES AND REPORTS. -REVIEW WITH MANAGEMENT AND THE INDEPENDENT AUDITORS THE ANNUAL FINANCIAL STATEMENTS AND RESULTS OF THE AUDIT, INCLUDING REQUIRED MATTERS TO BE COMMUNICATED TO THE COMMITTEE BY THE INDEPENDENT AUDITORS UNDER GENERALLY ACCEPTED AUDITING STANDARDS. -DISCUSS WITH THE EXTERNAL AUDITORS THEIR INDEPENDENCE FROM MANAGEMENT AND THE ORGANIZATION AND THE MATTERS INCLUDED IN WRITTEN DISCLOSURE REQUIRED BY THE INDEPENDENCE BOARD. -OVERSEE MANAGEMENT ACTION PLANS RESULTING FROM EXTERNAL MANAGEMENT LETTER. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|
| United Student Aid Funds Inc | ||||||||||
| 9998 Crosspoint Blvd | Indianapolis | IN | 462563307 | 946050341 | Student Loan Guarantor | DE | Section 501(c)(3) | 7 | N/A | |
| USA Funds Education Endowment Inc | ||||||||||
| PO Box 6028 | Indianapolis | IN | 462066028 | 202392907 | Support Organization | DE | Section 501(c)(3) | 11A, I | USA Funds | |
| Secondary Market Services Corp - HAWAII | ||||||||||
| PO Box 6028 | Indianapolis | IN | 462066028 | 351876688 | Student Loan Secondary Mkt | HI | Section 501(c)(3) | 7 | USA Funds | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| United Student Aid Funds Inc | |
| C | 300000 |
| Secondary Market Services Corp - Hawaii | |
| D | 683612 |
| United Student Aid Funds Inc | |
| L | 434794 |
| United Student Aid Funds Inc | |
| O | 1415312 |