UNITED STUDENT AID FUNDS INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- UNITED STUDENT AID FUNDS INC (EIN 94-6050341)
- Tax period
- 2013-10-01 to 2014-09-30
- Filed
- 2015-07-24
- IRS object ID
- 201502059349300635
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-07-24T15:16:16-05:00 | ReturnTs |
| Tax Period End | 2014-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 2000 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462045108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 946050341 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED STUDENT AID FUNDS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIT | BusinessNameControlTxt |
| Phone | 3178061231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 CROSSPOINT BLVD NO 400 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN C HAM | PersonNm |
| Person Title | EVP & CFO | PersonTitleTxt |
| Phone | 3178061231 | PhoneNum |
| Signature | 2015-07-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHAWNA M JIMENEZ | PreparerPersonNm |
| PTIN | P01222873 | PTIN |
| Phone | 3174648600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM HANSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 CROSSPOINT BLVD NO 400 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $977,488,310 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.USAFUNDS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1960 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO ENHANCE POSTSECONDARY EDUCATION PREPAREDNESS, ACCESS AND SUCCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 186 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $147,909 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,221 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $496,160,542 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $547,262,952 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,016,623 | PYInvestmentIncomeAmt |
| CY Investment Income | $46,052,701 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $520,325,074 | PYTotalRevenueAmt |
| CY Total Revenue | $593,320,874 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,619,050 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $24,178,386 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,243,599 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $29,665,932 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $360,760,817 | PYOtherExpensesAmt |
| CY Other Expenses | $375,134,025 | CYOtherExpensesAmt |
| PY Total Expenses | $394,623,466 | PYTotalExpensesAmt |
| CY Total Expenses | $428,978,343 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $125,701,608 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $164,342,531 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,179,323,205 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,288,047,474 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $332,483,301 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $256,555,323 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $846,839,904 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,031,492,151 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | USA FUNDS' MISSION IS TO ENHANCE POSTSECONDARY EDUCATION PREPAREDNESS, ACCESS AND SUCCESS BY PROVIDING AND SUPPORTING FINANCIAL AND OTHER VALUED SERVICES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $30,007,693 | ExpenseAmt |
| Revenue | $37,008,460 | RevenueAmt |
| Desc | GUARANTEE SERVICES - USA FUNDS MAINTAINS A PORTFOLIO OF OVER $ 56.8 BILLION IN OUTSTANDING EDUCATIONAL LOAN GUARANTEES IN ACCORDANCE WITH THE HIGHER EDUCATION ACT OF 1965, AS AMENDED. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,863,283 | ExpenseAmt |
| Revenue | $17,783,059 | RevenueAmt |
| Desc | DEFAULT AVERSION - USA FUNDS WORKED WITH BORROWERS AND SUCCESSFULLY AVERTED DEFAULTS ON OVER $20.5 BILLION OF DELINQUENT EDUCATIONAL LOANS REPORTED BY LENDERS IN THE CURRENT YEAR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $316,736,637 | ExpenseAmt |
| Revenue | $452,781,046 | RevenueAmt |
| Desc | COLLECTION ON DEFAULTED LOANS - USA FUNDS SUCCESSFULLY COLLECTED OVER $1.7 BILLION ON DEFAULTED EDUCATIONAL LOANS IN THE CURRENT YEAR. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $33,687,481 | ExpenseAmt |
| Grant | $24,178,386 | GrantAmt |
| Revenue | $39,690,387 | RevenueAmt |
| Desc | INCLUDES OTHER GUARANTOR REVENUES, AS DEFINED BY THE US HIGHER EDUCATION ACT AND ADMINISTRATIVE FEES CHARGED TO RELATED TAX EXEMPT ORGANIZATIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $33,687,481 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $24,178,386 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $39,690,387 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $395,295,094 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 113 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 186 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEBORAH L MCCLOUD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3178061231 | PhoneNum |
US Address USAddress
| 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 Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| IKE BATALIS | ||||||||||
| BOARD MEMBER | 8.00 | 0.00 | Yes (X) | $83,514 | $0 | $0 | ||||
| REV WILLIAM BEAUCHAMP | ||||||||||
| BOARD MEMBER | 7.00 | 1.00 | Yes (X) | $43,900 | $0 | $0 | ||||
| BLAKE DEVITT | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $75,500 | $0 | $0 | ||||
| MARSHALL GRIGSBY | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $85,806 | $0 | $0 | ||||
| NORMAN LEFSTEIN | ||||||||||
| BOARD MEMBER | 5.00 | 0.00 | Yes (X) | $65,306 | $0 | $0 | ||||
| ILENE NAGEL | ||||||||||
| BOARD MEMBER | 7.00 | 0.00 | Yes (X) | $55,648 | $0 | $0 | ||||
| WILLIAM NEALE | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $75,806 | $0 | $0 | ||||
| ERNEST NEWBORN II | ||||||||||
| BOARD MEMBER | 7.00 | 0.00 | Yes (X) | $74,898 | $0 | $0 | ||||
| EDWARD SCHMIDT | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $93,708 | $0 | $0 | ||||
| ERIK MORENO | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $57,750 | $0 | $0 | ||||
| MARLENE COULIS | ||||||||||
| BOARD MEMBER | 6.00 | 0.00 | Yes (X) | $66,148 | $0 | $0 | ||||
| WILLIAM HANSEN | ||||||||||
| PRESIDENT & CEO | 40.00 | 1.00 | Yes (X) | $434,207 | $0 | $37,536 | Yes (X) | |||
| STEPHEN C HAM | ||||||||||
| EVP & CFO | 41.00 | 3.00 | $578,254 | $0 | $79,527 | Yes (X) | ||||
| DAVID B BOODT | ||||||||||
| EVP & GENERAL COUNSEL | 37.00 | 3.00 | $426,402 | $0 | $71,492 | Yes (X) | ||||
| DENISE B FESER | ||||||||||
| VP SCH & STUDENT SERV THRU 12/31/13 | 40.00 | 5.00 | $412,023 | $0 | $50,977 | Yes (X) | ||||
| GREGORY AYERS | ||||||||||
| SVP GOV'T SERV & ADMIN | 40.00 | 1.00 | $286,788 | $0 | $64,552 | Yes (X) | ||||
| ROBERT BALLARD | ||||||||||
| SVP ACCESS & OUTREACH | 40.00 | 0.00 | $337,775 | $0 | $59,310 | Yes (X) | ||||
| TERRY MUILENBURG | ||||||||||
| SVP GOV'T RELATIONS | 40.00 | 0.00 | $487,995 | $0 | $72,277 | Yes (X) | ||||
| CAROL D'AMICO | ||||||||||
| EVP NAT ENG & MISS ADV | 40.00 | 0.00 | $75,292 | $0 | $7,521 | Yes (X) | ||||
| MARK PELESH | ||||||||||
| EVP CORP & BUS DEV | 40.00 | 0.00 | $103,294 | $0 | $10,105 | Yes (X) | ||||
| LARRY LUTZ | ||||||||||
| SVP STUDENT FIN PROG | 40.00 | 0.00 | $31,658 | $0 | $2,343 | Yes (X) | ||||
| DEBORAH MCCLOUD | ||||||||||
| VP & CONTROLLER | 40.00 | 0.00 | $181,002 | $0 | $49,778 | Yes (X) | ||||
| LEONARD GURIN | ||||||||||
| VP CASH & INVESTMENTS | 40.00 | 0.00 | $176,656 | $0 | $46,477 | Yes (X) | ||||
| JONI M ANDERSON | ||||||||||
| VP & SR CORP COUNSEL | 26.00 | 14.00 | $193,035 | $0 | $45,338 | Yes (X) | ||||
| KAREN L DEVILLA | ||||||||||
| SENIOR PROGRAM OFFICER | 10.00 | 30.00 | $64,833 | $121,258 | $48,778 | Yes (X) | ||||
| HENRY L FERNANDEZ | ||||||||||
| SENIOR PROGRAM OFFICER | 40.00 | 0.00 | $201,507 | $0 | $50,206 | Yes (X) | ||||
| DAVID C LONG | ||||||||||
| VP OF SALES | 40.00 | 0.00 | $204,514 | $0 | $49,696 | Yes (X) | ||||
| CHERYL L PEARSON | ||||||||||
| BUSINESS DEVELOPMENT | 40.00 | 0.00 | $191,281 | $0 | $17,480 | Yes (X) | ||||
| CARL C DALSTROM | ||||||||||
| FORMER PRESIDENT & CEO | 0.00 | 0.00 | $1,741,661 | $0 | $61,727 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,906,161 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $121,258 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $825,120 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 54 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NAVIENT | |||||
| 11100 USA PARKWAY | FISHERS | IN | 46038 | GUARANTOR SERVICES | $337,604,644 |
| STUDENT ASSISTANCE CORPORATION | |||||
| 11100 USA PARKWAY | FISHERS | IN | 46038 | DEFAULT AVERSION ACTIVITIES | $3,644,111 |
| LANDMARK MEDIA ENTERPRISES LLC | |||||
| 150 WEST BRAMBLETON AVENUE | NORFOLK | VA | 235102075 | DATA HOSTING | $542,363 |
| CARMEL SOLUTIONS LLC | |||||
| 987 KEYSTONE WAY | CARMEL | IN | 46032 | MISC. PROFESSIONAL FEES | $420,000 |
| ERNST & YOUNG | |||||
| 111 MONUMENT CIR 2600 | INDIANAPOLIS | IN | 46204 | ACCOUNTING AND AUDIT SERVICES | $391,721 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $5,221 | GovernmentGrantsAmt |
| Total Contributions | $5,221 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| COLLECTIONS ON DEFAULT | 522200 | $452,781,046 | $452,781,046 |
| GUARANTEE SERVICES | 522200 | $37,008,460 | $37,008,460 |
| DEFAULT AVERSION FEES | 522200 | $17,783,059 | $17,783,059 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,690,387 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,690,387 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $547,262,952 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,729,082 | TotalRevenueColumnAmt |
| Exclusion | $17,729,082 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $400,829,518 | SecuritiesAmt |
| Other | $11,661,537 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $384,167,436 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,662,082 | SecuritiesAmt |
| Other | $11,661,537 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,323,619 | TotalRevenueColumnAmt |
| Exclusion | $28,323,619 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $593,320,874 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $547,262,952 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $46,052,701 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,928,386 | TotalAmt |
| Program Services | $23,928,386 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,000 | TotalAmt |
| Program Services | $250,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,492,408 | TotalAmt |
| Management And General | $4,492,408 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,364,847 | TotalAmt |
| Program Services | $4,833,102 | ProgramServicesAmt |
| Management And General | $14,531,745 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $556,560 | TotalAmt |
| Program Services | $123,590 | ProgramServicesAmt |
| Management And General | $432,970 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,049,930 | TotalAmt |
| Program Services | $893,724 | ProgramServicesAmt |
| Management And General | $3,156,206 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,202,187 | TotalAmt |
| Program Services | $364,902 | ProgramServicesAmt |
| Management And General | $837,285 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $758,870 | TotalAmt |
| Program Services | $260,227 | ProgramServicesAmt |
| Management And General | $498,643 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,902 | TotalAmt |
| Management And General | $394,902 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,131 | TotalAmt |
| Management And General | $160,131 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699,845 | TotalAmt |
| Management And General | $699,845 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,375,896 | TotalAmt |
| Program Services | $1,591,884 | ProgramServicesAmt |
| Management And General | $2,784,012 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,456 | TotalAmt |
| Program Services | $49,995 | ProgramServicesAmt |
| Management And General | $418,461 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,937 | TotalAmt |
| Program Services | $35,606 | ProgramServicesAmt |
| Management And General | $76,331 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,132,960 | TotalAmt |
| Program Services | $862,430 | ProgramServicesAmt |
| Management And General | $1,270,530 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,075,005 | TotalAmt |
| Management And General | $1,075,005 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,135,590 | TotalAmt |
| Program Services | $285,616 | ProgramServicesAmt |
| Management And General | $849,974 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $751,935 | TotalAmt |
| Program Services | $165,449 | ProgramServicesAmt |
| Management And General | $586,486 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,836 | TotalAmt |
| Management And General | $4,836 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,416 | TotalAmt |
| Management And General | $462,416 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $355,968 | TotalAmt |
| Management And General | $355,968 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COLLECTION EXPENSE | $316,736,637 | $316,736,637 | $0 | $0 |
| ACCT. MAINT. & ISSUANCE | $30,007,693 | $30,007,693 | $0 | $0 |
| DEFAULT AVERSION FEES | $14,863,283 | $14,863,283 | $0 | $0 |
| DUES & ASSOCIATION FEES | $462,930 | $26,048 | $436,882 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,735 | TotalAmt |
| Program Services | $16,522 | ProgramServicesAmt |
| Management And General | $158,213 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,978,343 | TotalAmt |
| Program Services | $395,295,094 | ProgramServicesAmt |
| Management And General | $33,683,249 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,946,927 | BOYAmt |
| EOY | $31,158,138 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,052,631 | BOYAmt |
| EOY | $47,349,328 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,195,646 | BOYAmt |
| EOY | $23,568,794 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,354,386 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,433,197 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,379,348 | BOYAmt |
| EOY | $921,189 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $502,004,563 | BOYAmt |
| EOY | $485,381,213 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,930,457 | BOYAmt |
| EOY | $471,022,131 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $212,813,633 | BOYAmt |
| EOY | $228,646,681 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,179,323,205 | BOYAmt |
| EOY | $1,288,047,474 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,518,256 | BOYAmt |
| EOY | $57,178,942 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,210,121 | BOYAmt |
| EOY | $14,326,760 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,037,351 | BOYAmt |
| EOY | $27,881,459 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,717,573 | BOYAmt |
| EOY | $157,168,162 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $332,483,301 | BOYAmt |
| EOY | $256,555,323 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $846,839,904 | BOYAmt |
| EOY | $1,031,492,151 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $846,839,904 | BOYAmt |
| EOY | $1,031,492,151 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,179,323,205 | BOYAmt |
| EOY | $1,288,047,474 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $164,342,531 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,804,478 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $13,505,238 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $147,909 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,221 | CurrentTaxYearAmt |
| Total | $153,130 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $395,343,051 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $392,137,408 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $419,207,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $496,160,542 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $547,262,952 | CurrentTaxYearAmt |
| Total | $2,250,111,083 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $395,343,051 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $392,137,408 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $419,207,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $496,308,451 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $547,268,173 | CurrentTaxYearAmt |
| Total | $2,250,264,213 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $125,000 | CurrentTaxYearMinus1YearAmt |
| Total | $125,000 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $125,000 | CurrentTaxYearMinus1YearAmt |
| Total | $125,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $2,250,139,213 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,018,941 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,372,724 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,931,613 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,783,084 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,729,082 | CurrentTaxYearAmt |
| Total | $75,835,444 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,018,941 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,372,724 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,931,613 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,783,084 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,729,082 | CurrentTaxYearAmt |
| Total | $75,835,444 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $405,361,992 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $406,510,132 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $435,138,743 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $514,091,535 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $564,997,255 | CurrentTaxYearAmt |
| Total | $2,326,099,657 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.96730 | PublicSupportCY509Pct |
| Public Support PY509 | 0.96800 | PublicSupportPY509Pct |
| Investment Income CY | 0.03260 | InvestmentIncomeCYPct |
| Investment Income PY | 0.03190 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $0 | PoliticalExpendituresAmt |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $116,803 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $50,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $166,803 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | UNITED STUDENT AID FUNDS, INC. PAYS DUES TO THE UNITED STATES CHAMBER OF COMMERCE - A PORTION OF WHICH IS ALLOCABLE TO LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $230,230 | OtherCostOrOtherBasisAmt |
| Depreciation | $126,269 | DepreciationAmt |
| Book Value | $103,961 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,143,286 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,491,175 | DepreciationAmt |
| Book Value | $652,111 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $980,870 | OtherCostOrOtherBasisAmt |
| Depreciation | $815,753 | DepreciationAmt |
| Book Value | $165,117 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $921,189 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (12 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIXED INCOME: U.S. AGENCY OBLIGATIONS | $3,431,347 | F |
| FIXED INCOME: CORPORATE BONDS | $140,352,813 | F |
| FIXED INCOME: ASSET-BACKED SECURITIES | $51,837,406 | F |
| FIXED INCOME: MUNICIPAL BONDS | $48,420,727 | F |
| OPTIONS: HEDGE FUNDS - EQUITY | $30,097,274 | F |
| OPTIONS: HEDGE FUNDS - FIXED INCOME | $21,220,812 | F |
| OPTIONS: PRIVATE EQUITIES | $11,378,375 | F |
| OPTIONS: LIMITED LIABILITY PARTNERSHIPS - EQUITY | $20,000,000 | F |
| OPTIONS: LIMITED LIABILITY PARTNERSHIPS - FIXED INCOME | $22,547,070 | F |
| OPTIONS: LIMITED LIABILITY CORPORATIONS - EQUITY | $83,419,576 | F |
| OPTIONS: LIMITED LIABILITY CORPORATIONS - FIXED INCOME | $36,010,306 | F |
| OPTIONS: POOLED SEPARATE ACCOUNT | $2,306,425 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $471,022,131 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RECEIVABLE FROM FED FUND | $71,002,651 |
| ASSETS HELD ON BEHALF OF FED RESERVE | $157,168,162 |
| DUE FROM AFFILIATES | $423,929 |
| DEFAULTED LOANS PURCHASED | $51,939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $228,646,681 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | LIABILITIES INCURRED ON BEHALF OF THE FEDERAL RESERVE FUND. |
| PART X, LINE 2: | PER THE CONSOLIDATED FINANCIAL STATEMENTS OF UNITED STUDENT AID FUNDS, INC., USA FUNDS ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERIA BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE ARE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF SEPTEMBER 30, 2014 AND 2013. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| CENTRAL AMERICA & THE CARIBBEAN | INVESTMENTS | $44,145,307 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | INVESTMENTS | $2,702,206 |
| NORTH AMERICA | INVESTMENTS | $4,371,062 |
| EAST ASIA AND THE PACIFIC | INVESTMENTS | $1,014,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $52,233,570 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $52,233,570 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (147 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2 | Non Cash AssistanceNonCashAssistanceAmt | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| ACCESS COLLEGE FOUNDATION | ||||||||||
| 7300 NEWPORT AVENUE SUITE 500 | NORFOLK | VA | 23505 | 541440734 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| ALAMO COMMUNITY COLLEGE DISTRICT FOUNDATION | ||||||||||
| 201 W SHERIDAN BLDG C RM 3 | SAN ANTONIO | TX | 78204 | 742422589 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| ALASKA COMMISSION ON POSTSECONDARY EDUCATION | ||||||||||
| 3030 VINTAGE BLVD | JUNEAU | AK | 99801 | 926001185 | STATE OF AK | $16,320 | OPERATING GRANT | |||
| AMERICAN INDIAN COLLEGE FUND | ||||||||||
| 8333 GREENWOOD BLVD | DENVER | CO | 80221 | 521573446 | 501(C)(3) | $200,000 | OPERATING GRANT | |||
| AMERICAN RED CROSS OF GREATER INDIANAPOLIS | ||||||||||
| 441 E 10TH STREET | INDIANAPOLIS | IN | 46202 | 530196605 | 501(C)(3) | $25,000 | OPERATING GRANT | |||
| ARIZONA COLLEGE SCHOLARSHIP FOUNDATION | ||||||||||
| 4040 E CAMELBACK ROAD SUITE 220 | PHOENIX | AZ | 85018 | 202366755 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| ARIZONA COMMISSION FOR POSTSECONDARY EDUCATION | ||||||||||
| 2020 NORTH CENTRAL SUITE 650 | PHOENIX | AZ | 85004 | 866004791 | STATE OF AZ | $30,000 | OPERATING GRANT | |||
| ARIZONA COMMUNITY FOUNDATION | ||||||||||
| VINCE YANEZ DONOR SERVICES 2201 E | PHOENIX | AZ | 85016 | 860348306 | 501(C)(3) | $50,000 | OPERATING GRANT | CAMELBACK RD SUITE 405B | ||
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY | ||||||||||
| PO BOX 2260 | TEMPE | AZ | 852802260 | 866051042 | 501(C)(3) | $250,000 | OPERATING GRANT | |||
| ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND | ||||||||||
| 2025 M STREET NW SUITE 610 | WASHINGTON | DC | 20036 | 571192973 | 501(C)(3) | $310,000 | OPERATING GRANT | |||
| ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES | ||||||||||
| 1101 CONNECTICUT AVE NW SUITE 900 | WASHINGTON | DC | 20036 | 621469595 | 501(C)(6) | $48,600 | OPERATING GRANT | |||
| BE A LEADER FOUNDATION | ||||||||||
| 1715 W NORTHERN AVENUE SUITE 104 | PHOENIX | AZ | 85021 | 550850279 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| BIG BROTHERS BIG SISTERS OF CENTRAL IN | ||||||||||
| 2960 NORTH MERIDIAN SUITE 150 | INDIANAPOLIS | IN | 462084715 | 351323831 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| BISHOP NOLL INSTITUTE FOUNDATION INC | ||||||||||
| 1519 HOFFMAN STREET | HAMMOND | IN | 46327 | 310973961 | 501(C)(3) | $25,000 | DIRECTED GIFT | |||
| BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE FOUNDATION | ||||||||||
| 470 COOPER DRIVE | LEXINGTON | KY | 40506 | 760826082 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| BOTTOM LINE | ||||||||||
| 500 AMORY STREET SUITE 3 | JAMAICA PLAIN | MA | 02130 | 043351427 | 501(C)(3) | $15,000 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| BOYS & GIRLS CLUBS OF INDIANAPOLIS | ||||||||||
| 3530 S KEYSTONE AVENUE STE 200 | INDIANAPOLIS | IN | 46227 | 350888754 | 501(C)(3) | $31,000 | OPERATING GRANT/EMPLOYEE MATCHING | |||
| BRADLEY UNIVERSITY | ||||||||||
| 1501 WEST BRADLEY AVENUE | PEORIA | IL | 61625 | 370661494 | 501(C)(3) | $17,500 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| BRIGHAM YOUNG UNIVERSITY | ||||||||||
| 760 TNRB | PROVO | UT | 84602 | 870217280 | 501(C)(3) | $10,000 | DIRECTED GIFT | |||
| BRIGHAM YOUNG UNIVERSITY-IDAHO | ||||||||||
| 1216 STOCKS AVENUE | REXBURG | ID | 83460 | 820207699 | 501(C)(3) | $10,000 | DIRECTED GIFT | |||
| BUTLER UNIVERSITY | ||||||||||
| 4600 SUNSET AVENUE | INDIANAPOLIS | IN | 46208 | 350867977 | 501(C)(3) | $25,000 | DIRECTED GIFT/OPERATING GRANT | |||
| CARLTHORP SCHOOL | ||||||||||
| 438 SAN VICENTE BLVD | SANTA MONICA | CA | 90402 | 953512203 | 501(C)(3) | $7,500 | EMPLOYEE MATCHING | |||
| CATHEDRAL HIGH SCHOOL | ||||||||||
| 5225 E 56TH ST | INDIANAPOLIS | IN | 46226 | 356254955 | 501(C)(3) | $39,200 | OPERATING GRANT | |||
| CENTER FOR EDUCATION & CAREER INNOVATION (CECI) | ||||||||||
| 143 W MARKET ST SUITE 500 | INDIANAPOLIS | IN | 46204 | 035600158 | STATE OF IN | $1,710,000 | OPERATING GRANT | |||
| CENTRAL INDIANA COMMUNITY FOUNDATION INC | ||||||||||
| 615 N ALABAMA ST SUITE 119 | INDIANAPOLIS | IN | 46204 | 351793680 | 501(C)(3) | $100,000 | OPERATING GRANT | $123,013 | LATINO DINNER | |
| CHRISTEL HOUSE ACADEMY INC | ||||||||||
| 2717 S EAST STREET | INDIANAPOLIS | IN | 46225 | 020550824 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| CHRISTIAN ACTIVITY CENTER | ||||||||||
| 540 N 6TH ST | EAST ST LOUIS | IL | 62201 | 364182760 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| CITY YEAR INC | ||||||||||
| 2203 23RD AVE SOUTH SUITE 101 | SEATTLE | WA | 98144 | 222882549 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| CLAFLIN UNIVERSITY | ||||||||||
| 400 MAGNOLIA STREET | ORANGEBURG | SC | 29115 | 570314374 | 501(C)(3) | $81,000 | OPERATING GRANT | |||
| COCHISE COLLEGE | ||||||||||
| 4190 W HIGHWAY 80 | DOUGLAS | AZ | 856076190 | 860183151 | STATE OF AZ | $53,400 | OPERATING GRANT | |||
| COLLEGE FORWARD | ||||||||||
| PO BOX 142308 | AUSTIN | TX | 78714 | 432003552 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| COLLEGE MENTORS FOR KIDS | ||||||||||
| 212 WEST 10TH STREET SUITE B260 | INDIANAPOLIS | IN | 46202 | 352002052 | 501(C)(3) | $44,500 | OPERATING GRANT | |||
| COLLEGE OF THE MENOMINEE NATION | ||||||||||
| PO BOX 1179 N172 STATE HWY 47/55 | KESHENA | WI | 54135 | 391773613 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| COLLEGE POSSIBLE | ||||||||||
| 450 N SYNDICATE SUITE 325 | SAINT PAUL | MN | 55104 | 411968798 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| COLLEGE SUCCESS FOUNDATION | ||||||||||
| 1605 NW SAMMAMISH ROAD SUITE 100 | ISSAQUAH | WA | 98027 | 912036088 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| COLORADO COLLEGE | ||||||||||
| 14 E CACHE LAPOUDRE ST | COLORADO SPRINGS | CO | 80903 | 840402510 | 501(C)(3) | $11,500 | DIRECTED GIFT | |||
| COLUMBIA BUSINESS SCHOOL | ||||||||||
| 33 W 60TH STREET 7TH FLOOR | NEW YORK | NY | 10023 | 135598093 | 501(C)(3) | $10,000 | DIRECTED GIFT | |||
| COMBAT HELICOPTER PILOTS ASSOCIATION INC | ||||||||||
| P O BOX 42 | DIVIDE | CO | 808140042 | 202122535 | 501(C)(19) | $18,000 | EMPLOYEE MATCHING | |||
| COMPLETE COLLEGE AMERICA INC | ||||||||||
| 429 E VERMONT ST | INDIANAPOLIS | IN | 46202 | 264789471 | 501(C)(3) | $1,500,000 | OPERATING GRANT | |||
| CONGREGATION OF HOLY CROSS US PROVINCE INC | ||||||||||
| PO BOX 774 | NOTRE DAME | IN | 46556 | 320344245 | 501(C)(3) | $10,000 | EMPLOYEE MATCHING | |||
| CONGRESSIONAL HISPANIC CAUCUS INSTITUTE INC | ||||||||||
| 911 SECOND STREET NE | WASHINGTON | DC | 20002 | 521114225 | 501(C)(3) | $6,000 | OPERATING GRANT | |||
| CONNECTICUT ASSOCIATION OF PROF FINANCIAL AID ADMIN INC | ||||||||||
| PO BOX 370124 | WEST HARTFORD | CT | 06137 | 060986627 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| COPIAH-LINCOLN COMMUNITY COLLEGE | ||||||||||
| 1028 JC REDD DRIVE | WESSON | MS | 39191 | 646000293 | STATE OF MS | $13,000 | OPERATING GRANT | |||
| DANVILLE AREA COMMUNITY COLLEGE | ||||||||||
| 2000 E MAIN ST | DANVILLE | IL | 61832 | 370889813 | STATE OF IL | $20,000 | OPERATING GRANT | |||
| DEPAUW UNIVERSITY | ||||||||||
| OFFICE OF STUDENT FINANCIAL AID 313 | GREENCASTLE | IN | 461350037 | 350869045 | 501(C)(3) | $6,000 | DIRECTED GIFT | SOUTH LOCUST | ||
| DRAKE UNIVERSITY | ||||||||||
| 2507 UNIVERSITY | DES MOINES | IA | 50311 | 420680460 | 501(C)(3) | $10,000 | DIRECTED GIFT | |||
| ECONOMIC CLUB OF INDIANA INC | ||||||||||
| 1630 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46202 | 237381408 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| EDUCATION COMMISSION OF THE STATES | ||||||||||
| 700 BROADWAY SUITE 810 | DENVER | CO | 802033442 | 310722194 | 501(C)(3) | $394,440 | OPERATING GRANT | |||
| EMBARC INC | ||||||||||
| PO BOX 221450 | CHICAGO | IL | 60622 | 273453182 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| FINANCE AUTHORITY OF MAINE | ||||||||||
| 5 COMMUNITY DRIVE PO BOX 949 | AUGUSTA | ME | 043320949 | 010392006 | STATE OF ME | $16,550 | OPERATING GRANT | |||
| FORTUNE ACADEMY | ||||||||||
| 5626 LAWTON LOOP EAST DRIVE | INDIANAPOLIS | IN | 462161013 | 352148108 | 501(C)(3) | $18,000 | EMPLOYEE MATCHING | |||
| GARRETT COLLEGE | ||||||||||
| 687 MOSSER ROAD | MCHENRY | MD | 21541 | 520906659 | STATE OF MD | $67,689 | OPERATING GRANT | |||
| GEAR UP MISSISSIPPI | ||||||||||
| 3825 RIDGEWOOD ROAD SUITE 334 | JACKSON | MS | 39211 | 646000783 | 501(C)(3) | $35,000 | OPERATING GRANT | |||
| GEORGIA STUDENT FINANCE COMMISSION (GSFC) | ||||||||||
| 2082 E EXCHANGE PLACE | TUCKER | GA | 30082 | 580951322 | STATE OF GA | $20,000 | OPERATING GRANT | |||
| GIRL SCOUTS OF CENTRAL INDIANA | ||||||||||
| 2611 WATERFRONT PARKWAY EAST DRIVE | INDIANAPOLIS | IN | 46214 | 350876381 | 501(C)(3) | $9,500 | EMPLOYEE MATCHING/OPERATING GRANT | SUITE 100 | ||
| GRAMBLING STATE UNIVERSITY | ||||||||||
| STUDENT FINANCIAL AID 403 MAIN ST | GRAMBLING | LA | 71245 | 726000751 | 501(C)(3) | $35,500 | OPERATING GRANT | |||
| GRANTMAKERS FOR EDUCATION | ||||||||||
| 720 SW WASHINGTON STREET STE 605 | PORTLAND | OR | 97205 | 330919329 | 501(C)(3) | $25,000 | OPERATING GRANT | |||
| HAWTHORN FOUNDATION | ||||||||||
| PO BOX 93 | JEFFERSON CITY | MO | 65102 | 431231419 | 501(C)(6) | $2,000,000 | OPERATING GRANT | |||
| HUSTON-TILLOTSON UNIVERSITY | ||||||||||
| 900 CHICON STREET | AUSTIN | TX | 78702 | 741180151 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| IMANI AID INC | ||||||||||
| PO BOX 40111 | INDIANAPOLIS | IN | 46240 | 273473768 | 501(C)(3) | $10,000 | EMPLOYEE MATCHING | |||
| INDIANA COMMISSION FOR HIGHER EDUCATION - LEARN MORE INDIANA | ||||||||||
| 101 WEST OHIO STREET SUITE 550 | INDIANAPOLIS | IN | 46204 | 356000158 | STATE OF IN | $2,399,800 | OPERATING GRANT | |||
| INDIANA CONNECTED BY 25 INC | ||||||||||
| 3901 NORTH MERIDIAN STREET | INDIANAPOLIS | IN | 46208 | 455056874 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| INDIANA LATINO INSTITUTE | ||||||||||
| 445 NORTH PENNSYLVANIA ST STE 800 | INDIANAPOLIS | IN | 46204 | 260036285 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| INDIANA STATE MUSEUM FOUNDATION | ||||||||||
| 650 W WASHINGTON STREET | INDIANAPOLIS | IN | 462042725 | 356202818 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| INDIANA STUDENT FINANCIAL AID ASSOCIATION | ||||||||||
| 1700 SOUTH MAIN ST | GOSHEN | IN | 46526 | 351597706 | 501(C)(3) | $30,000 | OPERATING GRANT | |||
| INDIANA UNIVERSITY FOUNDATION | ||||||||||
| PO BOX 500 | BLOOMINGTON | IN | 47402 | 356018940 | 501(C)(3) | $155,942 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| INDIANA YOUTH INSTITUTE INC | ||||||||||
| 603 EAST WASHINGTON ST STE 800 | INDIANAPOLIS | IN | 46204 | 311251680 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| INDIANAPOLIS PRIVATE INDUSTRY COUNCIL INC | ||||||||||
| 151 N DELAWARE STREET SUITE 1600 | INDIANAPOLIS | IN | 46204 | 351569069 | 501(C)(3) | $500,000 | OPERATING GRANT | |||
| INDIANAPOLIS ZOOLOGICAL SOCIETY | ||||||||||
| PO BOX 22309 | INDIANAPOLIS | IN | 462220309 | 351074747 | 501(C)(3) | $8,950 | OPERATING GRANT | |||
| IOWA COLLEGE ACCESS NETWORK | ||||||||||
| 160 S 68TH ST SUITE 1101 | WEST DES MOINES | IA | 50266 | 270915418 | 501(C)(3) | $18,000 | OPERATING GRANT | |||
| IVY ENDOWMENT INC | ||||||||||
| PO BOX 88474 | INDIANAPOLIS | IN | 46208 | 310962055 | 501(C)(3) | $15,000 | EMPLOYEE MATCHING | |||
| JOBS FOR AMERICA'S GRADUATES INC | ||||||||||
| 1729 KING STREET SUITE 100 | ALEXANDRIA | VA | 22314 | 521194546 | 501(C)(3) | $3,550,000 | OPERATING GRANT | |||
| KANSAS ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS | ||||||||||
| 1001 S CEDAR ST 3 | OTTAWA | KS | 66067 | 481010942 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| KENTUCKY ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS INC | ||||||||||
| PO BOX 798 | FRANKFORT | KY | 406020798 | 611082353 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| KENTUCKY STATE UNIVERSITY | ||||||||||
| 400 EAST MAIN ST | FRANKFORT | KY | 40601 | 611099712 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| KIDS AGAINST HUNGER | ||||||||||
| PO BOX 12 | CARMEL | IN | 46082 | 208533217 | 501(C)(3) | $6,000 | OPERATING GRANT | |||
| LA PLAZA INC | ||||||||||
| 8902 E 38TH STREET | INDIANAPOLIS | IN | 46226 | 300029575 | 501(C)(3) | $60,000 | OPERATING GRANT | |||
| LA SIERRA UNIVERSITY | ||||||||||
| 4500 RIVERWALK PARKWAY | RIVERSIDE | CA | 925158247 | 330413730 | 501(C)(3) | $119,000 | OPERATING GRANT | |||
| LOUISIANA OFFICE OF STUDENT FINANCIAL ASSISTANCE (LOSFA) | ||||||||||
| 602 NORTH FIFTH STREET PO BOX 91202 | BATON ROUGE | LA | 708219202 | 720591742 | STATE OF LA | $13,000 | OPERATING GRANT | 91202 | ||
| MARIAN UNIVERSITY | ||||||||||
| 3200 COLD SPRING ROAD | INDIANAPOLIS | IN | 46222 | 350868175 | 501(C)(3) | $207,000 | DIRECTED GIFT/EMPLOYEE MATCHING/OPERATING GRANT | |||
| MARTIN UNIVERSITY | ||||||||||
| 2171 AVONDALE PLACE | INDIANAPOLIS | IN | 46218 | 310970262 | 501(C)(3) | $60,000 | DIRECTED GIFT/OPERATING GRANT | |||
| MASSACHUSETTS ASSOCIATION OF FINANCIAL AID ADMINISTRATORS | ||||||||||
| PO BOX 66003 | AUBURNDALE | MA | 02466 | 042792003 | 501(C)(3) | $12,000 | OPERATING GRANT | |||
| MIAMI UNIVERSITY FOUNDATION | ||||||||||
| 725 E CHESTNUT ST | OXFORD | OH | 45056 | 316026014 | 501(C)(3) | $16,500 | DIRECTED GIFT | |||
| MID-EASTERN ASSOC OF EDUCATIONAL OPPORTUNITY PROGRAM PERSONNEL | ||||||||||
| PO BOX 181 | COCKEYSVILLE | MD | 21030 | 310939782 | 501(C)(3) | $25,000 | OPERATING GRANT | |||
| MINNESOTA MINORITY EDUCATION PARTNERSHIP INC | ||||||||||
| 2233 UNIVERSITY AVENUE WEST SUITE | SAINT PAUL | MN | 55114 | 411699505 | 501(C)(3) | $10,000 | OPERATING GRANT | 220 | ||
| MISSOURI DEPARTMENT OF HIGHER EDUCATION | ||||||||||
| PO BOX 1469 205 JEFFERSON STREET | JEFFERSON CITY | MO | 65102 | 300249822 | STATE OF MO | $13,540 | OPERATING GRANT | |||
| MOHAVE COMMUNITY COLLEGE | ||||||||||
| 1971 JAGERSON AVENUE | KINGMAN | AZ | 86409 | 860287804 | STATE OF AZ | $10,000 | OPERATING GRANT | |||
| NATIONAL ASSOCIATION FOR EQUAL OPPORTUNITY IN HIGHER EDUCATION | ||||||||||
| 209 THIRD ST SE | WASHINGTON | DC | 20003 | 237439804 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| NATIONAL COLLEGE ACCESS NETWORK | ||||||||||
| 1001 CONNECTICUT AVE NW SUITE 632 | WASHINGTON | DC | 20036 | 311793562 | 501(C)(3) | $35,000 | OPERATING GRANT | |||
| NATIONAL GOVERNORS ASSOCIATION CENTER FOR BEST PRACTICES | ||||||||||
| 444 N CAPITOL STREET STE 267 | WASHINGTON | DC | 200011512 | 237391796 | 501(C)(3) | $1,000,000 | OPERATING GRANT | |||
| NEW JERSEY ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS INC | ||||||||||
| 4 QUAKERBRIDGE PLAZA | TRENTON | NJ | 08625 | 222615338 | 501(C)(3) | $28,000 | OPERATING GRANT | |||
| NEW YORK STATE FINANCIAL AID ADMINISTRATORS ASSOCIATION INC | ||||||||||
| CUNY FINANCIAL AID OFFICE 2001 | BROOKLYN | NY | 11235 | 132836102 | 501(C)(3) | $22,000 | OPERATING GRANT | ORIENTAL BLVD | ||
| OASFAA | ||||||||||
| FINANCIAL AID SCHOLARSHIPS 444 WEST | DAYTON | OH | 45402 | 310883788 | 501(C)(3) | $25,000 | OPERATING GRANT | THIRD STREET | ||
| OBERLIN COLLEGE | ||||||||||
| 50 W LORAIN STREET | OBERLIN | OH | 44074 | 340714363 | 501(C)(3) | $10,000 | EMPLOYEE MATCHING | |||
| OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION | ||||||||||
| 1801 E 4TH STREET | OKMULGEE | OK | 74447 | 736017987 | STATE OF OK | $224,119 | OPERATING GRANT | |||
| ON POINT FOR COLLEGE INC | ||||||||||
| 1654 W ONONDAGA STREET | SYRACUSE | NY | 13204 | 161569356 | 501(C)(3) | $149,783 | OPERATING GRANT | |||
| ORAL ROBERTS UNIVERSITY | ||||||||||
| ALUMNI FOUNDATION 777 SOUTH LEWIS | TULSA | OK | 74171 | 731346361 | 501(C)(3) | $15,000 | DIRECTED GIFT | AVENUE | ||
| OREGON STUDENT ACCESS COMMISSION | ||||||||||
| 1500 VALLEY RIVER DRIVE SUITE 100 | EUGENE | OR | 97401 | 936015581 | STATE OF OR | $15,000 | OPERATING GRANT | |||
| PACIFIC FINANCIAL AID ASSOCIATION | ||||||||||
| 1314 S KING STREET SUITE 1164 | HONOLULU | HI | 96814 | 200429061 | 501(C)(3) | $14,000 | OPERATING GRANT | |||
| PARTNERSHIP FOR LEARNING | ||||||||||
| 321 NORTH PINE STREET | LANSING | MI | 48933 | 382955237 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| PROJECT LEAD THE WAY | ||||||||||
| 3939 PRIORITY WAY S DRIVE STE 200 | INDIANAPOLIS | IN | 46240 | 141816385 | 501(C)(3) | $15,000 | DIRECTED GIFT | |||
| READING IS FUNDAMENTAL INC | ||||||||||
| PO BOX 33728 | WASHINGTON | DC | 20033 | 520976257 | 501(C)(3) | $85,000 | OPERATING GRANT | |||
| RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA | ||||||||||
| 400 RAY C HUNT DRIVE | CHARLOTTESVILLE | VA | 22904 | 546002796 | 501(C)(3) | $15,000 | DIRECTED GIFT | |||
| RILEY CHILDREN'S FOUNDATION | ||||||||||
| 30 S MERIDIAN STREET SUITE 200 | INDIANAPOLIS | IN | 462043540 | 350868147 | 501(C)(3) | $72,000 | OPERATING GRANT | |||
| ROBOTICS EDUCATION AND COMPETITION FOUNDATION | ||||||||||
| 200 E WASHINGTON ST | INDIANAPOLIS | IN | 46204 | 352212630 | 501(C)(3) | $45,000 | OPERATING GRANT | |||
| RUST COLLEGE | ||||||||||
| 150 RUST AVENUE | HOLLY SPRINGS | MS | 38635 | 640303805 | 501(C)(3) | $30,500 | OPERATING GRANT | |||
| SAN DIEGO CITY COLLEGE | ||||||||||
| 1313 PARK BLVD | SAN DIEGO | CA | 92101 | 237261624 | 501(C)(3) | $90,361 | OPERATING GRANT | |||
| SANIBEL CAPTIVA CONSERVATION FOUNDATION | ||||||||||
| PO BOX 839 | SANIBEL | FL | 33957 | 591205087 | 501(C)(3) | $17,500 | EMPLOYEE MATCHING | |||
| SCHOLARSHIP AMERICA | ||||||||||
| 1550 AMERICAN BLVD SUITE 155 | MINNEAPOLIS | MN | 55425 | 042296967 | 501(C)(3) | $27,500 | DIRECTED GIFT/EMPLOYEE MATCHING/OPERATING GRANT | |||
| SOUTH CAROLINA COMMISSION ON HIGHER EDUCATION | ||||||||||
| 1122 LADY STREET SUITE 300 | COLUMBIA | SC | 29201 | 570674590 | STATE OF SC | $18,000 | OPERATING GRANT | |||
| SOUTHSIDE EARLY CHILDHOOD CENTER | ||||||||||
| 2930 IOWA AVENUE | ST LOUIS | MO | 63118 | 430685348 | 501(C)(3) | $8,000 | EMPLOYEE MATCHING | |||
| ST MARIA GORETTI PARISH | ||||||||||
| 17102 SPRINGMILL ROAD | WESTFIELD | IN | 46074 | 351950891 | 501(C)(3) | $33,336 | EMPLOYEE MATCHING | |||
| STVINCENT HOSPITAL FOUNDATION | ||||||||||
| 8402 HARCOURT ROAD SUITE 210 | INDIANAPOLIS | IN | 46260 | 356088862 | 501(C)(3) | $83,500 | EMPLOYEE MATCHING/OPERATING GRANT | |||
| STANFORD UNIVERSITY | ||||||||||
| 326 GALVEZ STREET | STANFORD | CA | 943056105 | 941156365 | 501(C)(3) | $10,500 | EMPLOYEE MATCHING | |||
| STARFISH INITIATIVE | ||||||||||
| 814 N DELAWARE STREET | INDIANAPOLIS | IN | 46204 | 562442758 | 501(C)(3) | $7,500 | OPERATING GRANT | |||
| STATE HIGHER EDUCATION EXECUTIVE OFFICERS | ||||||||||
| 3035 CENTER GREEN DR SUITE 100 | BOULDER | CO | 803012205 | 237167258 | 501(C)(3) | $35,621 | OPERATING GRANT | |||
| STUDENT ASSISTANCE FOUNDATION OF MONTANA | ||||||||||
| 2500 BROADWAY PO BOX 203101 | HELENA | MT | 596203101 | 810527529 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| SUSQUEHANNA UNIVERSITY | ||||||||||
| 514 UNIVERSITY AVENUE | SELINSGROVE | PA | 17870 | 231353385 | 501(C)(3) | $26,000 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| TENNESSEE HIGHER EDUCATION COMMISSION | ||||||||||
| SUITE 1900 PARKWAY TOWERS 404 JAMES | NASHVILLE | TN | 372430820 | 626001445 | STATE OF TN | $10,000 | OPERATING GRANT | ROBERTSON PARKWAY | ||
| THANKS USA | ||||||||||
| 1390 CHAIN BRIDGE RD 260 | MCLEAN | VA | 22101 | 203973151 | 501(C)(3) | $50,000 | OPERATING GRANT | |||
| THE INTERNATIONAL CENTER INC | ||||||||||
| ONE INDIANA SQUARE SUITE 2000 | INDIANAPOLIS | IN | 46204 | 351300785 | 501(C)(3) | $10,000 | OPERATING GRANT | |||
| THURGOOD MARSHALL COLLEGE FUND | ||||||||||
| 901 F STREET NW SUITE 300 | NEW YORK | NY | 20004 | 411750692 | 501(C)(3) | $200,000 | OPERATING GRANT | |||
| TRINITY WASHINGTON UNIVERSITY | ||||||||||
| 125 MICHIGAN AVE NE | WASHINGTON | DC | 20017 | 530196640 | 501(C)(3) | $10,000 | DIRECTED GIFT | |||
| TRUCKEE MEADOWS COMMUNITY COLLEGE | ||||||||||
| 7000 DANDINI BLVD RDMT 200 | RENO | NV | 89512 | 886000024 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| TULANE UNIVERSITY | ||||||||||
| 6823 ST CHARLES 218 GIBSON HALL | NEW ORLEANS | LA | 70118 | 720423889 | 501(C)(3) | $25,000 | DIRECTED GIFT | |||
| US DREAM ACADEMY INC | ||||||||||
| 5950 SYMPHONY WOODS ROAD STE 504 | COLUMBIA | MD | 21044 | 593514841 | 501(C)(3) | $100,000 | OPERATING GRANT | |||
| UNITED NEGRO COLLEGE FUND | ||||||||||
| 3737 N MERIDIAN ST SUITE 203 | INDIANAPOLIS | IN | 46208 | 131624241 | 501(C)(3) | $224,550 | EMPLOYEE MATCHING/OPERATING GRANT | |||
| UNITED WAY OF CENTRAL INDIANA INC | ||||||||||
| 3901 N MERIDIAN ST | INDIANAPOLIS | IN | 462080409 | 351007590 | 501(C)(3) | $110,312 | EMPLOYEE MATCHING/OPERATING GRANT | |||
| UNIVERSITY OF HAWAII MAUI COLLEGE | ||||||||||
| 310 W KAAHUMANU AVENUE | KAHULUI | HI | 96732 | 996000354 | STATE OF HI | $51,754 | OPERATING GRANT | |||
| UNIVERSITY OF MICHIGAN | ||||||||||
| 200 FLETCHER ST | ANN ARBOR | MI | 481091007 | 386006309 | STATE OF MI | $40,000 | DIRECTED GIFT | |||
| UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED | ||||||||||
| 700 LOMAS BLVD NE TWO WOODWARD CTR | ALBUQUERQUE | NM | 87102 | 850275408 | 501(C)(3) | $13,000 | OPERATING GRANT | |||
| UNIVERSITY OF NOTRE DAME DU LAC | ||||||||||
| 1100 GRACE HALL | NOTRE DAME | IN | 465565612 | 350868188 | 501(C)(3) | $15,000 | EMPLOYEE MATCHING | |||
| UNIVERSITY OF PENNSYLVANIA | ||||||||||
| 3451 WALNUT ST 601 FRANKLIN BLDG | PHILADELPHIA | PA | 191046205 | 231352685 | 501(C)(3) | $22,500 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| UNIVERSITY OF PORTLAND | ||||||||||
| 5000 N WILLAMETTE BLVD | PORTLAND | OR | 97203 | 930401259 | 501(C)(3) | $55,000 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| UNIVERSITY OF VIRGINIA COLLEGE FOUNDATION | ||||||||||
| PO BOX 400807 | CHARLOTTESVILLE | VA | 229044807 | 542009312 | 501(C)(3) | $9,000 | DIRECTED GIFT | |||
| UNIVERSITY OF WASHINGTON FOUNDATION | ||||||||||
| MINORITY AFFAIRS DIVERSITY 320 F | SEATTLE | WA | 981952835 | 943079432 | 501(C)(3) | $50,000 | OPERATING GRANT | MARY GATES HALL | ||
| UNIVERSITY OF WISCONSIN FOUNDATION | ||||||||||
| 1848 UNIVERSITY AVENUE | MADISON | WI | 53726 | 390743975 | 501(C)(3) | $22,500 | DIRECTED GIFT/EMPLOYEE MATCHING | |||
| US CHAMBER OF COMMERCE FOUNDATION | ||||||||||
| 1615 H STREET NW | WASHINGTON | DC | 20062 | 461561597 | 501(C)(3) | $2,000,000 | OPERATING GRANT | |||
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | ||||||||||
| 95 WELLS AVE STE 155 | NEWTON | MA | 024593204 | 232888152 | 501(C)(3) | $10,000 | EMPLOYEE MATCHING | |||
| VERMONT STUDENT ASSISTANCE CORP | ||||||||||
| 10 EAST ALLEN STREET PO BOX 2000 | WINOOSKI | VT | 05404 | 300216589 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| WASHINGTON STUDENT ACHIEVEMENT COUNCIL | ||||||||||
| 917 LAKERIDGE WAY SW | OLYMPIA | WA | 985043430 | 455122913 | STATE OF WA | $22,494 | OPERATING GRANT | |||
| WESLEYAN COLLEGE | ||||||||||
| 4760 FORSYTH ROAD | MACON | GA | 31210 | 580593438 | 501(C)(3) | $60,083 | OPERATING GRANT | |||
| WEST VIRGINIA HIGHER EDUCATION POLICY COMMISSION | ||||||||||
| 1018 KANAWHA BOULEVARD EAST SUITE | CHARLESTON | WV | 25301 | 550517092 | STATE OF WV | $18,000 | OPERATING GRANT | 700 | ||
| WESTERN GOVERNORS UNIVERSITY | ||||||||||
| 4001 SOUTH 700 EAST | SALT LAKE CITY | UT | 84107 | 841383926 | 501(C)(3) | $2,000,000 | OPERATING GRANT | |||
| WESTERN GOVERNORS UNIVERSITY - INDIANA | ||||||||||
| 10 W MARKET ST 1020 | INDIANAPOLIS | IN | 46204 | 841383926 | 501(C)(3) | $15,000 | DIRECTED GIFT | |||
| WISCONSIN ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS INC | ||||||||||
| 133 RIVER DRIVE | WAUSAU | WI | 54403 | 396279228 | 501(C)(3) | $15,000 | OPERATING GRANT | |||
| YMCA OF METROPOLITAN WASHINGTON | ||||||||||
| 1112 16TH STREET NW SUITE 720 | WASHINGTON | DC | 20036 | 530207403 | 501(C)(3) | $7,500 | OPERATING GRANT | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 144 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FASFA COMPLETION HELP | GrantTypeTxt |
| Recipient | 10000 | RecipientCnt |
| Cash Grant | $250,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | USA FUNDS' GRANT-MAKING IS LIMITED TO THE 50 U.S. STATES AND THE DISTRICT OF COLUMBIA. USA FUNDS 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, PROGRAM OFFICERS PERFORM SITE VISITS OR ATTEND EVENTS THAT USA FUNDS HAS SPONSORED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM HANSEN | ||||||||||||||
| PRESIDENT & CEO | $220,054 | $0 | $159,346 | $0 | $54,807 | $0 | $22,910 | $0 | $14,626 | $0 | $471,743 | $0 | $0 | $0 |
| STEPHEN C HAM | ||||||||||||||
| EVP & CFO | $250,892 | $0 | $126,777 | $0 | $200,585 | $0 | $57,439 | $0 | $22,088 | $0 | $657,781 | $0 | $0 | $0 |
| DAVID B BOODT | ||||||||||||||
| EVP & GENERAL COUNSEL | $233,892 | $0 | $84,183 | $0 | $108,327 | $0 | $44,739 | $0 | $26,753 | $0 | $497,894 | $0 | $0 | $0 |
| DENISE B FESER | ||||||||||||||
| VP SCH & STUDENT SERV THRU 12/31/13 | $226,431 | $0 | $71,311 | $0 | $114,281 | $0 | $41,841 | $0 | $9,136 | $0 | $463,000 | $0 | $0 | $0 |
| GREGORY AYERS | ||||||||||||||
| SVP GOV'T SERV & ADMIN | $200,492 | $0 | $70,498 | $0 | $15,798 | $0 | $40,299 | $0 | $24,253 | $0 | $351,340 | $0 | $0 | $0 |
| ROBERT BALLARD | ||||||||||||||
| SVP ACCESS & OUTREACH | $217,292 | $0 | $76,696 | $0 | $43,787 | $0 | $37,722 | $0 | $21,588 | $0 | $397,085 | $0 | $0 | $0 |
| TERRY MUILENBURG | ||||||||||||||
| SVP GOV'T RELATIONS | $237,992 | $0 | $84,700 | $0 | $165,303 | $0 | $46,024 | $0 | $26,253 | $0 | $560,272 | $0 | $0 | $0 |
| DEBORAH MCCLOUD | ||||||||||||||
| VP & CONTROLLER | $145,800 | $0 | $32,976 | $0 | $2,226 | $0 | $27,690 | $0 | $22,088 | $0 | $230,780 | $0 | $0 | $0 |
| LEONARD GURIN | ||||||||||||||
| VP CASH & INVESTMENTS | $142,630 | $0 | $30,717 | $0 | $3,309 | $0 | $21,474 | $0 | $25,003 | $0 | $223,133 | $0 | $0 | $0 |
| JONI M ANDERSON | ||||||||||||||
| VP & SR CORP COUNSEL | $146,026 | $0 | $31,667 | $0 | $15,342 | $0 | $24,919 | $0 | $20,419 | $0 | $238,373 | $0 | $0 | $0 |
| KAREN L DEVILLA | ||||||||||||||
| SENIOR PROGRAM OFFICER | $53,811 | $100,643 | $10,087 | $18,866 | $935 | $1,749 | $8,544 | $15,981 | $8,450 | $15,803 | $81,827 | $153,042 | $0 | $0 |
| HENRY L FERNANDEZ | ||||||||||||||
| SENIOR PROGRAM OFFICER | $162,883 | $0 | $34,220 | $0 | $4,404 | $0 | $26,623 | $0 | $23,583 | $0 | $251,713 | $0 | $0 | $0 |
| DAVID C LONG | ||||||||||||||
| VP OF SALES | $169,388 | $0 | $34,573 | $0 | $553 | $0 | $25,443 | $0 | $24,253 | $0 | $254,210 | $0 | $0 | $0 |
| CHERYL L PEARSON | ||||||||||||||
| BUSINESS DEVELOPMENT | $98,947 | $0 | $20,175 | $0 | $72,159 | $0 | $7,621 | $0 | $9,859 | $0 | $208,761 | $0 | $0 | $0 |
| CARL C DALSTROM | ||||||||||||||
| FORMER PRESIDENT & CEO | $233,023 | $0 | $144,260 | $0 | $1,364,378 | $0 | $50,300 | $0 | $11,427 | $0 | $1,803,388 | $0 | $1,345,057 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL - FIRST CLASS TRAVEL IS APPROVED FOR ALL TRUSTEES IF THE FLIGHT IS MORE THAN 2 HOURS IN DURATION OR IF A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. THIS NON-TAXABLE BUSINESS EXPENSE IS NOT TREATED AS ADDITIONAL TAXABLE COMPENSATION TO THE TRUSTEE. FIRST CLASS TRAVEL IS APPROVED FOR EMPLOYEES, AT THE DISCRETION OF THE CEO, IF THEY TRAVEL FREQUENTLY AS PART OF THEIR POSITION OR IF A MEDICAL CONDITION EXISTS WHICH REQUIRES THE NEED FOR AN UPGRADE. EVP & CFO STEVE HAM HAS BEEN APPROVED BY WILLIAM HANSEN, CEO, FOR ONE CLASS UPGRADE, WHICH MAY RESULT IN FIRST CLASS TRAVEL, DUE TO A MEDICAL CONDITION. THIS NON-TAXABLE BUSINESS EXPENSE IS NOT TREATED AS ADDITIONAL TAXABLE COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS - GROSS-UP PAYMENTS WERE MADE TO THE FORMER CEO FOR RETIREMENT GIFTS ABOVE THE IRS LIMITS, FOR DE MINIMUS GIFTS. ADDITIONAL GROSS-UP PAYMENTS WERE MADE FOR HOUSE HUNTING, TEMPORARY HOUSING, AND MOVING EXPENSES FOR 2 OF THE OFFICERS LISTED IN PART VII. USA FUNDS INCLUDED THE ABOVE APPLICABLE EXPENSES IN THE EMPLOYEES' W-2 AS ADDITIONAL TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - COMPANY POLICY IS TO PROVIDE TEMPORARY HOUSING TO OFFICERS PRIOR TO RELOCATION PLUS REIMBURSE OFFICERS FOR MOVING EXPENSES ASSOCIATED WITH RELOCATION. USA FUNDS PROVIDED THIS BENEFIT TO 2 OFFICERS LISTED IN PART VII AND INCLUDED THE NON-BUSINESS EXPENSES IN THE EMPLOYEES' W-2 AS ADDITIONAL TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES - USA FUNDS MAY REIMBURSE EACH EMPLOYEE UP TO A MAXIMUM OF $250 PER CALENDAR YEAR FOR THE COST OF (I) EXERCISE EQUIPMENT PURCHASED DURING THE APPLICABLE CALENDAR YEAR AND/OR (II) A HEALTH OR FITNESS CLUB MEMBERSHIP. ALL REIMBURSEMENTS ARE CONSIDERED TAXABLE INCOME TO THE EMPLOYEE. |
| PART I, LINE 4A: | THE FOLLOWING FIVE HIGHEST PAID EMPLOYEE RECEIVED SEVERANCE PAYMENTS FROM THE ORGANIZATION DURING THE CALENDAR YEAR 2013: CHERYL L. PEARSON $65,250 |
| PART I, LINE 4B: | THE CURRENT AND FORMER CEO PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO THE CURRENT OR FORMER CEO ARE REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. THE ONLY DISTRIBUTION RECEIVED IN CALENDAR YEAR 2013 IS: CARL DALSTROM $1,345,057 |
| 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 COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND INDIVIDUAL PERFORMANCE. THE AMOUNT OF THE PAYMENT IS A PERCENTAGE OF ANNUAL SALARY, VARYING BY THE SALARY GRADE OF THE INDIVIDUAL POSITION. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRIGSBY & ASSOCIATES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $25,503 | TransactionAmt |
| Transaction | SEE PART V | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE L, PART IV, COLUMN B, LINE 1: | MARSHALL GRIGSBY, A BOARD MEMBER OF UNITED STUDENT AID FUNDS, INC., IS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GRIGSBY & ASSOCIATES, LLC, A CONSULTING FIRM THAT SPECIALIZES IN EDUCATION POLICY ISSUES AND THE LEGISLATIVE PROCESS. |
| SCHEDULE L, PART IV, COLUMN D, LINE 1: | MARSHALL GRIGSBY, IN HIS CAPACITY AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GRISGSBY & ASSOCIATES, LLC RENDERED CONSULTING TO THE CORPORATION DURING THE YEAR. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | AS A DELAWARE NON-PROFIT ORGANIZATION, THIS CORPORATION HAS INDIVIDUALS AS ITS MEMBERS THAT SERVE AS ITS BOARD OF TRUSTEES. |
| 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 FOR REVIEW. AFTER THE AUDIT COMMITTEE HAS COMPLETED THEIR REVIEW, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL 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 GOVERNANCE COMMITTE OF THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR OF THE 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 GOVERNANCE 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, SECTION B, LINE 15 | COMPENSATION DETERMINATIONS OF USA FUNDS' CEO AND THE OTHER OFFICERS ARE MADE BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES 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 ALL OTHER OFFICERS, AND DETERMINES IN ADVANCE THE REASONABLENESS OF COMPENSATION PAID TO AND BENEFITS PROVIDED TO SUCH INDIVIDUALS. 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. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | NET ACTUARIAL GAIN RELATED TO EMPLOYEE BENEFIT PLANS 3,505,238. FUND BALANCE TRANSFER FROM NORTHWEST EDUCATION LOAN ASSOCIATION 10,000,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWEST EDUCATION LOAN ASSOCIATION | BusinessNameLine1 |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911068278 | EIN |
| Primary Activities | STUDENT LOAN GUARANTOR | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 9 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | USA FUNDS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NORTHWEST EDUCATION LOAN ASSOCIATION | ||
| L | $110,760 | FMV |
| NORTHWEST EDUCATION LOAN ASSOCIATION | ||
| Q | $780,755 | COST REIMBURSEMENT |
Comments