NEBRASKA STUDENT LOAN PROGRAM INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
NEBRASKA STUDENT LOAN PROGRAM INC (EIN 36-3514573)
Tax period
2009-10-01 to 2010-09-30
Filed
2011-02-14
IRS object ID
201130459349301138
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

FieldValueIRS element (for citing)
Timestamp2011-02-14T14:52:12-06:00Timestamp
Tax Period End Date2010-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1233 South 13th St Suite 1600AddressLine1
CityLincolnCity
StateNEState
ZIP Code68508ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN363514573EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Nebraska Student Loan Program IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlNEBRNameControl
Phone4024796623Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 82507AddressLine1
CityLincolnCity
StateNEState
ZIP Code685012507ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJILL M HICKSName
TitleCHIEF FINANCIAL OFFICERTitle
Phone4024796623Phone
Date Signed2011-02-11DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLorraine A EggerName
Phone4024761216Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonRandall HeesackerNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO Box 82507AddressLine1
CityLincolnCity
StateNEState
ZIP Code685012507ZIPCode
FieldValueIRS element (for citing)
Gross Receipts70488155GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.NSLP.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1986YearFormation
State Legal DomicileNEStateLegalDomicile
Activity Or Mission DescriptionTO ASSIST STUDENTS AND FAMILIES WITH HIGHER EDUCATION ACCESS AND CHOICE BY PROVIDING LOAN GUARANTEE AND RELATED SERVICES.ActivityOrMissionDescription
Nbr Voting Members Governing Body5NbrVotingMembersGoverningBody
Nbr Independent Voting Members4NbrIndependentVotingMembers
Total Nbr Employees6TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year52598245ProgramServiceRevenuePriorYear
Program Service Revenue CY69329029ProgramServiceRevenueCY
Investment Income Prior Year-741369InvestmentIncomePriorYear
Investment Income Current Year1159126InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year51856876TotalRevenuePriorYear
Total Revenue Current Year70488155TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1441404SalariesEtcPriorYear
Salaries Etc Current Year1495742SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year48841459OtherExpensePriorYear
Other Expenses Current Year60618532OtherExpensesCurrentYear
Total Expenses Prior Year50282863TotalExpensesPriorYear
Total Expenses Current Year62114274TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1574013RevenuesLessExpensesPriorYear
Revenues Less Expenses CY8373881RevenuesLessExpensesCY
Total Assets BOY128274566TotalAssetsBOY
Total Assets EOY134307724TotalAssetsEOY
Total Liabilities BOY66501258TotalLiabilitiesBOY
Total Liabilities EOY64598106TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY61773308NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY69709618NetAssetsOrFundBalancesEOY
Mission DescriptionTO ASSIST STUDENTS AND FAMILIES WITH HIGHER EDUCATION ACCESS AND CHOICE BY PROVIDING LOAN GUARANTEE AND RELATED SERVICES.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense62114274Expense
Grants0Grants
Revenue69329029Revenue
DescriptionTHE ORGANIZATION SERVES AS A GUARANTEE AGENCY UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP), AS APPROVED BY THE DEPARTMENT OF EDUCATION.Description
Total Program Service Expense62114274TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Balance Sheet Amounts ReportedtrueBalanceSheetAmountsReported
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109627NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees6NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Nbr Voting Governing Body Members5NbrVotingGoverningBodyMembers
Number Independent Voting Members4NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJILL M HICKSNamePerson
Telephone Number4024796623TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 82507AddressLine1
CityLINCOLNCity
StateNEState
ZIP Code68501ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
RANDALL S HEESACKER
PRESIDENT & CEO40.0XX326225047328
A EUGENE CRUMP
DIRECTOR1.0X1225000
DOUGLAS R SEIPELT
CHAIRMAN/DIRECTOR2.0X3187500
THOMAS SMITH
DIRECTOR1.0X1250000
Richard Vierk
Director1.0X1250000
JILL M HICKS
CFO40.0X171594045023
Janet H Dodson
VP Policy Research40.0X115381033793
WILLIAM L KOHL
VP DEBT MGMT40.0X139993038925
DAVID A MACOUBRIE
VP OPERATIONS40.0X137883041986
TODD N WOODLEE
VP BUSINESS DEVELOPMENT40.0X180467019708
FieldValueIRS element (for citing)
Total Reportable Comp From Org1140668TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation226763TotalOtherCompensation
Number Individuals GT100 K6NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
WINDHAM PROFESSIONALS INC
380 MAIN STSALEMNH03079COLLECTION SERVICES6455071
NELNET GUARANTEE SERVICES
121 SOUTH 13TH STREETLINCOLNNE68508LOAN SERVICING3596116
AUTOMATED COLLECTION SERVIES INC
2285 MURFREESBORO PIKE 200NASHVILLETN37217COLLECTION SERVICES4461384
GC SERVICES
PO BOX 32500COLUMBUSOH43232COLLECTION SERVICES2656368
ACCOUNT CONTROL TECHNOLOGIES
6918 OWENSMOUTH AVENUECANOGA PARKCA91303COLLECTION SERVICES1620857
FieldValueIRS element (for citing)
Number Of Contractors GT100 K11NumberOfContractorsGT100K
Total Contributions0TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RECOVERY REVENUE9000993843839438438394
FEDERAL DEFAULT FEE90009975086527508652
ACCOUNT MAINTENANCE FEE90009964472686447268
PROVISION FOR DEFAULT AVERSION FEE REBATE90009957094785709478
DEFAULT AVERSION FEE90009938429293842929

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column7382308TotalRevenueColumn
Related Or Exempt Function Income7382308RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue69329029TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column497276TotalRevenueColumn
Exclusion$497,276ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities661850Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities661850Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column661850TotalRevenueColumn
Exclusion$661,850ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column70488155TotalRevenueColumn
Related Or Exempt Function Income69329029RelatedOrExemptFunctionIncome
Exclusion$1,159,126ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1438159Total
Program Services1438159ProgramServices

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total0Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total57583Total
Program Services57583ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total110513Total
Program Services110513ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total88520Total
Program Services88520ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total80596Total
Program Services80596ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total7005Total
Program Services7005ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total5778291Total
Program Services5778291ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total47241Total
Program Services47241ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total416194Total
Program Services416194ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total968362Total
Program Services968362ProgramServices

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total406787Total
Program Services406787ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total364731Total
Program Services364731ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total135056Total
Program Services135056ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total1348196Total
Program Services1348196ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total0Total

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
COLLECTION FEES1605641016056410
PROVISION FOR LOAN DEFAULTS95427639542763
LEASED EMPLOYEES FROM FES65528696552869
PROVISION FOR DEFAULT AVERSION57094785709478
DEFAULT FEE COST SHARING48065614806561

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total8198959Total
Program Services8198959ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total62114274Total
Program Services62114274ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY49791164BOY
EOY38181607EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY29118938BOY
EOY40331637EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY20342830BOY
EOY25913082EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY29021634BOY
EOY29881398EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY128274566BOY
EOY134307724EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY6951420BOY
EOY8787950EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY59549838BOY
EOY55810156EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY66501258BOY
EOY64598106EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY61773308BOY
EOY69709618EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY61773308BOY
EOY69709618EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY128274566BOY
EOY134307724EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years39846212CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years40819789CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years42434558CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year52598245CurrentTaxYearMinus1Year
Current Tax Year69329029CurrentTaxYear
Total245027833Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years39846212CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years40819789CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years42434558CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year52598245CurrentTaxYearMinus1Year
Current Tax Year69329029CurrentTaxYear
Total245027833Total
FieldValueIRS element (for citing)
Public Support Total509245027833PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1435843CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2154965CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1864623CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year993748CurrentTaxYearMinus1Year
Current Tax Year497276CurrentTaxYear
Total6946455Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1435843CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2154965CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1864623CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year993748CurrentTaxYearMinus1Year
Current Tax Year497276CurrentTaxYear
Total6946455Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years41282055CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years42974754CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years44299181CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year53591993CurrentTaxYearMinus1Year
Current Tax Year69826305CurrentTaxYear
Total251974288Total
FieldValueIRS element (for citing)
Public Support Percentage5090.97243PublicSupportPercentage509
Prior Year Support Percentage0.96495PriorYearSupportPercentage
Investment Income Percentage0.02757InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.03505PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals0FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals80596FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals80596FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals44914925FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals44995521FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals1000000FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals250000FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

FieldValueIRS element (for citing)
Filing Organizations Totals0FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

FieldValueIRS element (for citing)
Filing Organizations Totals0FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus21000000CurrentYearMinus2
Current Year Minus11000000CurrentYearMinus1
Current Year1000000CurrentYear
Total3000000Total
FieldValueIRS element (for citing)
Lobbying Ceiling$4,500,000LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

FieldValueIRS element (for citing)
Current Year Minus223426CurrentYearMinus2
Current Year Minus1225621CurrentYearMinus1
Current Year80596CurrentYear
Total329643Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus2250000CurrentYearMinus2
Current Year Minus1250000CurrentYearMinus1
Current Year250000CurrentYear
Total750000Total
FieldValueIRS element (for citing)
Grassroots Ceiling$1,125,000GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

FieldValueIRS element (for citing)
Current Year Minus10CurrentYearMinus1
Current Year0CurrentYear
Total0Total

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements
EquipmentEquipment
Other Land BuildingsOtherLandBuildings

Other Assets OtherAssets (4 entries)

DescriptionDescriptionBook ValueBookValue
PURCHASED LOANS18022523
OTHER ASSETS1749163
ACCRUED INTEREST RECEIVABLE89367
OTHER RECEIVABLE10020345
FieldValueIRS element (for citing)
Total Book Value Other Assets29881398TotalBookValueOtherAssets
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
ACCRUED PENSION LIABILITY$2,393,321
FEDERAL DEFAULT FEE LIABILITY$53,600
US DEPT OF ED FUND LIABILITY$53,363,235
FieldValueIRS element (for citing)
Total Of Amounts55810156TotalOfAmounts
Total Revenue70488155TotalRevenue
Total Expenses62114274TotalExpenses
Excess Or Deficit For Year8373881ExcessOrDeficitForYear
Net Unrealized GL On Investments-437571NetUnrealizedGLOnInvestments
Total Adjustments-437571TotalAdjustments
Excess Or Deficit Per FS7936310ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt58388938TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-437571NetUnrealizedGainsInvestments
Other Revenues-3842929OtherRevenues
Revenue Not Rptd F990-4280500RevenueNotRptdF990
Revenue Subtotal62669438RevenueSubtotal
Other Revenues Not Included7818717OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt7818717RevenueNotRptdOnFinStmt
Total Revenue Per Form99070488155TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt50452628TotExpensesEtcAuditedFinclStmt
Other Expenses Included-7818717OtherExpensesIncluded
Expenses Not Rptd F990-7818717ExpensesNotRptdF990
Expenses Subtotal58271345ExpensesSubtotal
Other Expenses Not Included3842929OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt3842929ExpensesNotRptdOnFinStmt
Total Expenses Per Form99062114274TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
SCHEDULE D, PART XFIN 48 FOOTNOTENebraska Student Loan Program, Inc. (NSLP) applies the provisions of asc subtopic 740-10, income taxes - overall. This standard provides specific guidance on how to address uncertainty in accounting for income tax assets and liabilities, prescribing recognition thresholds and measurements attributes. at september 30, 2010 and 2009, there were no uncertain tax positions. Accordingly, no provision for income taxes has been included in the accompanying financial statements.
SCHEDULE D, PART XII LINE 2DDEFAULT AVERSION FEE RECLASS 3,842,929
SCHEDULE D, PART XIII LINE 2DPROVISION FOR DEFAULT AVERSION FEE REBATE RECLASS 5,709,478 DECREASE IN PAYABLE TO US DEPT OF EDUCATION RECLASS 198,188 DEFAULT AVERSION VENDOR FEE RECLASS 1,911,051
SCHEDULE D, PART XII LINE 4BPROVISION FOR DEFAULT AVERSION FEE REBATE RECLASS 5,709,478 DECREASE IN PAYABLE TO US DEPT OF EDUCATION RECLASS 198,188 DEFAULT AVERSION VENDOR FEE RECLASS 1,911,051
SCHEDULE D, PART XIII LINE 4BDEFAULT AVERSION FEE RECLASS 3,842,929

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgtrueCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgtrueCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
RANDALL S HEESACKER
25553006997507200334120139160373553000
JILL M HICKS
14269302773101170040295047280216617000
WILLIAM L KOHL
114938022995020600243440145810178918000
DAVID A MACOUBRIE
114194022683010060268620151240179869000
TODD N WOODLEE
1287040511830580010420092880200175000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierPart I - Line 5a & 6aIdentifier
ExplanationA portion of the compensation for current officers is determined by a performance based plan which is approved by the Board of Directors. The plan includes organizational and individual performance goals, one component of which is based in part on net earnings of the organization.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
CONFLICTS OF INTEREST POLICYPART VI, SECTION B, 12CNSLP MAINTAINS A COMPREHENSIVE CONFLICTS OF INTEREST POLICY FOR DIRECTORS AND OFFICERS. THE POLICY EXISTS TO IDENTIFY POTENTIAL INSTANCES IN WHICH AN INDIVIDUAL COULD OBTAIN A DIRECT OR INDIRECT PERSONAL GAIN OR ADVANTAGE TO THE DETRIMENT OF THE ORGANIZATION, OR WHERE AN INDIVIDUAL'S CONDUCT COULD HAVE AN ADVERSE OR POTENTIALLY ADVERSE EFFECT ON THE INTERESTS OF THE ORGANIZATION. THE POLICY CONTAINS AN AFFIRMATIVE DUTY TO DISCLOSE, AS WELL AS A SPECIFIC PROCESS FOR DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST, A PROTOCOL IN WHICH INDEPENDENT, OUTSIDE LEGAL COUNSEL IS USED TO EVALUATE WHETHER A CONFLICT EXISTS, PROCEDURES FOR ADDRESSING ACTUAL CONFLICTS OF INTEREST, AND CONSEQUENCES FOR VIOLATIONS OF THE CONFLICTS POLICY. THE POLICY REQUIRES ALL DIRECTORS AND OFFICERS TO COMPLETE AND SUBMIT AN ANNUAL CONFLICTS DISCLOSURE FORM TO OUTSIDE LEGAL COUNSEL. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK WHICH ALL EMPLOYEES MUST ACKNOWLEDGE AND AGREE TO ABIDE BY.
FORM 990 PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILEDPART VI, SECTION B, 11ATHE 990 IS PREPARED BY KPMG, REVIEWED BY STAFF AND MAILED TO ALL BOARD MEMBERS. THE 990 IS PRESENTED TO THE AUDIT COMMITTEE AND THE BOARD.
PROCESS FOR DETERMINING COMPENSATIONPART VI, SECTION B, 15OUTSIDE LEGAL COUNSEL UNDERTAKES A COMPREHENSIVE EVALUATION OF THE COMPENSATION AND BENEFIT PACKAGES FOR OFFICERS AND OTHER AFFECTED EMPLOYEES OF THE ORGANIZATION, COMPARING THE SAME RELEVANT INDUSTRY AND OTHER MARKET COMPARABLES. COUNSEL THEN PROVIDES TO THE BOARD OF DIRECTORS A SUMMARY OF THE COMPARABILITY DATA, AN ANALYSIS OF THE DATA RELATIVE TO THE ORGANIZATIONAL EMPLOYEES, AND A REASONED OPINION CONCERNING THIS CONCLUSION. THE BOARD OF DIRECTORS THEN CONFIRMS AND RATIFIES ALL COMPENSATION/BENEFITS PACKAGES, WITH THE DECISION PROCESS PROPERLY DOCUMENTED AS REQUIRED BY THE REGULATIONS. ON A ROUTINE BASIS, NSLP ENGAGES AN INDEPENDENT COMPENSATION SPECIALIST TO PROVIDE DATA FOR KEY POSITIONS.
PUBLIC AVAILABILITY OF DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTSPART VI, SECTION C, 19NSLP DOES NOT MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
MEMBERSPart VI, Line 6 and 7aThe Foundation for Educational Services, Inc. (FES), a not-for-profit corporation, serves as the sole member of Nebraska Student Loan Program, Inc. (NSLP) and elects NSLP's board of directors.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
FOUNDATION FOR EDUCATIONAL SERVICES INC
PO BOX 82552LINCOLNNE68501470703499SUPPORT ORGNE501(C)(3)L11,TYPE IINA
EDUCATIONQUEST
1300 O STREETLINCOLNNE68508311777710EDU SUPPORTNE501(C)(3)L11,TYPE IINA
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgstrueRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiestrueSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgtrueReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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