2020-11-02T09:03:15-06:00 2020-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2019-07-01 060812178 CONNECTICUT STUDENT LOAN FOUNDATION CONN 8607618418 10 COLUMBUS BLVD 7TH FLOOR HARTFORD CT 061061978 JEANETTE WELDON EXECUTIVE DIRECTOR 8607618418 2020-09-23 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2020-09-11 209.59.243.22 2020-09-23 08:36:58 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F9BA0E82A6D947CC92540FBC56E8B73643681DA5 2019 2021-01-29 14:40:06Z JEANETTE WELDON 10 COLUMBUS BLVD 7TH FLOOR HARTFORD CT 061061978 8163038 0 X WWW.CSLF.ORG X 1967 CT TO IMPROVE EDUCATIONAL OPPORTUNITY AND PROMOTE REPAYMENT OF LOANS INCLUDING PROVIDING APPROPRIATE SERVICES INCIDENT TO THE ADMINISTRATION OF PROGRAMS WHICH ARE ESTABLISHED TO IMPROVE EDUCATIONAL OPPORTUNITIES. 8 7 1 0 0 0 0 0 10612857 8074445 148859 88593 0 0 10761716 8163038 3500000 500000 0 0 0 0 0 0 0 9496628 6342377 12996628 6842377 -2234912 1320661 193791940 167603066 172036161 144526626 21755779 23076440 TO IMPROVE EDUCATIONAL OPPORTUNITY AND PROMOTE REPAYMENT OF LOANS INCLUDING PROVIDING APPROPRIATE SERVICES INCIDENT TO THE ADMINISTRATION OF PROGRAMS WHICH ARE ESTABLISHED TO IMPROVE EDUCATIONAL OPPORTUNITIES. 0 0 6118629 8021945 STUDENT LOAN MANAGEMENT AND INTEREST ON STUDENT LOANS RECEIVABLES. 500000 500000 CONTRIBUTIONS TO CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY (CHESLA) IN SUPPORT OF PROGRAMS TO IMPROVE EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS. 52500 ADMINISTRATIVE AGENT FEE AND INCIDENTAL EXPENSES ASSOCIATED WITH MANAGEMENT OF THE NOT FOR PROFIT SERVICING CONTRACT. 6618629 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT X JOANNE MACKEWICZ 8607618418 10 COLUMBUS BLVD 7TH FLOOR HARTFORD CT 061061978 ANDREW FOSTER DIRECTOR 0.20 2.00 X 0 0 0 BENJAMIN BARNES DIRECTOR 0.20 2.00 X 0 0 0 DR PETER W LISI CHAIRMAN 0.20 2.00 X X 0 0 0 JEANETTE W WELDON EXECUTIVE DIRECTOR 5.00 35.00 X X 0 246007 27462 JULIE SAVINO VICE CHAIRMAN 0.20 2.00 X X 0 0 0 MARTIN BUDD DIRECTOR 0.20 2.00 X 0 0 0 SHEREE MAILHOT DIRECTOR 0.20 2.00 X 0 0 0 STEVEN KITOWICZ DIRECTOR 0.20 2.00 X 0 0 0 CYNTHIA D PEOPLES-HOBSON MANAGING DIRECTOR 0.10 40.00 X 0 169940 58098 DENISE E AGUILERA GENERAL COUNSEL 2.00 38.00 X 0 181534 21496 MICHAEL F MORRIS MANAGING DIRECTOR 0.10 40.00 X 0 189046 22198 JOANNE MACKEWICZ CONTROLLER 0.10 40.00 X 0 153275 21346 0 939802 150600 0 0 1 0 EDFINANCIAL SERVICES LLC 298 NORTH SEVEN OAKS DRIVE KNOXVILLE TN 37922 LOAN SERVICER 648442 1 LOAN PORTFOLIO INTERES 900099 7865575 7865575 LATE FEE INCOME 900099 156370 156370 NOT FOR PROFIT SERVICI 900099 52500 52500 8074445 88593 88593 8163038 8074445 0 88593 500000 500000 106994 106994 36350 36350 50000 50000 20029 20029 7413 7413 290 290 4125838 4125838 30404 30404 CONSOLIDATION FEE 1128907 1128907 LOAN SERVICE FEE 648442 648442 DEBT ISSUE COST 105576 105576 BAD DEBT EXPENSE 79000 79000 3134 3134 6842377 6618629 223748 0 404046 687342 6397728 5781855 5828261 7184552 585 935 181143820 153948382 17500 0 193791940 167603066 88323 133529 171947838 144393097 172036161 144526626 X 19431907 19431907 0 0 2323872 3644533 21755779 23076440 193791940 167603066 1320661 0 X X 0 1 X 1 0 X 10925004 10351752 10681510 10612857 8074445 50645568 10925004 10351752 10681510 10612857 8074445 50645568 0 0 0 50645568 28858 36662 97196 148859 88593 400168 28858 36662 97196 148859 88593 400168 10953862 10388414 10778706 10761716 8163038 51045736 0.99220 0.99360 0.00780 0.00640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 0 STUDENT LOAN PORTFOLIO 153948382 C 153948382 BONDS PAYABLE 143570572 OTHER PAYABLES 68850 INTEREST PAYABLE 87845 DUE TO DOE 665830 144393097 1 CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY 10 COLUMBUS BLVD HARTFORD CT 06106 170(C)(1) 500000 SCHOLARSHIPS 1 PART I, LINE 2 AS THE BOARDS OF THE REPORTING AND RECEIVING ORGANIZATIONS ARE THE SAME, THE BOARD MONITORS THE USE OF FUNDS FOR THEIR INTENDED PURPOSES ON A ROUTINE BASIS THROUGH ATTENDANCE AT CHESLA BOARD MEETINGS AND REVIEW OF CHESLA'S FINANCIAL REPORTS. 0 0 0 0 0 0 0 0 0 JEANETTE W WELDON EXECUTIVE DIRECTOR 0 241623 0 0 0 4384 0 25618 0 1844 0 273469 0 0 CYNTHIA D PEOPLES-HOBSON MANAGING DIRECTOR 0 169388 0 0 0 552 0 19797 0 38301 0 228038 0 0 DENISE E AGUILERA GENERAL COUNSEL 0 178182 0 0 0 3352 0 19313 0 2183 0 203030 0 0 MICHAEL F MORRIS MANAGING DIRECTOR 0 185214 0 0 0 3832 0 20015 0 2183 0 211244 0 0 JOANNE MACKEWICZ CONTROLLER 0 149923 0 0 0 3352 0 16697 0 4649 0 174621 0 0 PART I, LINE 3 COMPENSATION FOR THE EXECUTIVE DIRECTOR OF CSLF, AS ESTABLISHED BY CHEFA, IS A PORTION OF THE SUPPORT SERVICES EXPENSE FORM 990, PART VI, SECTION A, LINE 3 CSLF CONTRACTED ADMINISTRATION TO GOAL STRUCTURED SOLUTIONS. FORM 990, PART VI, SECTION A, LINE 7A CSLF BOARD MEMBERS ARE APPOINTED BY STATUTE OR DESIGNATED BY THE CHEFA BOARD. CERTAIN STATUATORY BOARD MEMBERS ARE ELIGIBLE TO DESIGNATE ANOTHER INDIVIDUAL TO FILL THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CSLF BOARD OF DIRECTORS RECEIVES ANNUAL ETHICS TRAINING AND THE DIRECTORS AND AUTHORIZED OFFICERS FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS WITH THE STATE OF CONNECTICUT OFFICE OF STATE ETHICS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (CHEFA) 10 COLUMBUS BLVD HARTFORD CT 06106 060806186 CONDUIT ISSUER OF TAX EXEMPT BONDS CT 170(C)(1) 0 CONNECTICUT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY 10 COLUMBUS BLVD HARTFORD CT 06106 061157755 ISSUE TAX EXEMPT BONDS FOR STUDENT LOANS CT 170(C)(1) CHEFA 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 CHESLA B 500000 ACTUAL CHEFA M 20000 ACTUAL