ACCESSLEX INSTITUTE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ACCESSLEX INSTITUTE (EIN 23-2719985)
- Tax period
- 2009-04-01 to 2010-03-31
- Filed
- 2011-02-14
- IRS object ID
- 201140459349300404
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-14T08:43:27-06:00 | Timestamp |
| Tax Period End Date | 2010-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 3100 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232719985 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCESS GROUP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ACCE | NameControl |
| Phone | 3024774162 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 BRANDYWINE PARKWAY PO BOX 7430 | AddressLine1 |
| City | WILMINGTON | City |
| State | DE | State |
| ZIP Code | 198030430 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTOPHER P CHAPMAN | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 3024774162 | Phone |
| Date Signed | 2011-02-03 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155614200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHRISTOPHER CHAPMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 BRANDYWINE PKWY | AddressLine1 |
| City | WILMINGTON | City |
| State | DE | State |
| ZIP Code | 19803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 271190014 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.accessgroup.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | The organization's most significant activities are to provide financial aid services, programs, and affordable loans for students attending post-secondary educational institutions. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 483 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 202353 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -102343 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 483699710 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 270241233 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1868170 | InvestmentIncomePriorYear |
| Investment Income Current Year | 943589 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 485567880 | TotalRevenuePriorYear |
| Total Revenue Current Year | 271184822 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 28770975 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 31266067 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 437121808 | OtherExpensePriorYear |
| Other Expenses Current Year | 240519917 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 465892783 | TotalExpensesPriorYear |
| Total Expenses Current Year | 271785984 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 19675097 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -601162 | RevenuesLessExpensesCY |
| Total Assets BOY | 10330093192 | TotalAssetsBOY |
| Total Assets EOY | 10316114624 | TotalAssetsEOY |
| Total Liabilities BOY | 10130309486 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10118848178 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 199783706 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 197266446 | NetAssetsOrFundBalancesEOY |
| Mission Description | The organization's most significant activities are to provide financial aid services, programs, and affordable loans for students attending post-secondary educational institutions. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 265221055 | Expense |
| Grants | 0 | Grants |
| Revenue | 270241233 | Revenue |
| Description | The primary activity of Access Group, Inc. is to develop and provide financial aid services, programs, and affordable loans for students attending post-secondary educational institutions. During the year loans were made to 43,900 borrowers. | Description |
| Total Program Service Expense | 265221055 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 99455 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 483 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | DE | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRISTOPHER CHAPMAN | NamePerson |
| Telephone Number | 3024774162 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5500 BRANDYWINE PKWY PO BOX 7430 | AddressLine1 |
| City | WILMINGTON | City |
| State | DE | State |
| ZIP Code | 19803 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| HANNAH R ARTERIAN | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| JANICE C EBERLY | ||||||||
| BOARD VICE CHAIR | 4.0 | X | 0 | 0 | 0 | X | ||
| E LYNN HAMPTON | ||||||||
| BOARD SECRETARY/ TREASURER | 4.0 | X | 0 | 0 | 0 | X | ||
| JOSEPH D HARBAUGH | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| RONDY E JENNINGS | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| W H KNIGHT JR | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| LEO P MARTINEZ | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| RICHARD A MATASAR | ||||||||
| Board Chair | 4.0 | X | 0 | 0 | 0 | X | ||
| PAULINE A SCHNEIDER | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| KENT D SYVERUD | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| SUSAN E WOODWARD | ||||||||
| DIRECTOR | 4.0 | X | 0 | 0 | 0 | |||
| LEONADE D JONES | ||||||||
| Director | 4.0 | X | 0 | 0 | 0 | |||
| CHRISTOPHER CHAPMAN | ||||||||
| PRESIDENT & CEO | 50.0 | 690618 | 0 | 42568 | X | X | ||
| VIVIAN BOWDEN | ||||||||
| EVP & CMO | 50.0 | 312575 | 0 | 28079 | X | X | ||
| DAVID CLARK | ||||||||
| SVP & CORP COUNSEL | 50.0 | 235231 | 0 | 33786 | X | X | ||
| JEAN FRANCOIS | ||||||||
| SVP LOAN OPERATIONS | 50.0 | 232757 | 0 | 37818 | X | X | ||
| FRANK DELUCA | ||||||||
| SVP INFORMATION TECHNOLOGY | 50.0 | 234469 | 0 | 36601 | X | X | ||
| JENNIFER BROWN | ||||||||
| SVP ADMINISTRATION | 50.0 | 232740 | 0 | 38151 | X | X | ||
| PAUL QUIGLEY | ||||||||
| VP PORTFOLIO MANAGEMENT | 50.0 | 212475 | 0 | 35781 | X | X | ||
| EILEEN SANTOS | ||||||||
| VP MARKETING | 50.0 | 205536 | 0 | 22189 | X | X | ||
| MARY CHAN | ||||||||
| VP IT DATA & INFO MANAGEMENT | 50.0 | 211080 | 0 | 22961 | X | X | ||
| DAVID FOX | ||||||||
| VP IT | 50.0 | 207623 | 0 | 39236 | X | X | ||
| RICHARD SULTZER | ||||||||
| VP CONTROLLER | 50.0 | 189760 | 0 | 35139 | X | X | ||
| TIMOTHY BALFOUR | ||||||||
| VP SALES & SCHOOL SERVICES | 50.0 | 189401 | 0 | 27531 | X | X | ||
| KEITH COUGHEY | ||||||||
| VP RISK MANAGEMENT | 50.0 | 199637 | 0 | 24530 | X | X | ||
| ERICA FAIR | ||||||||
| VP ORIGINATIONS & SERVICING | 50.0 | 160467 | 0 | 23995 | X | X | ||
| DEBORAH GAWRYLOWICZ | ||||||||
| VP IT INFRASTRUCTURE | 50.0 | 162725 | 0 | 33811 | X | X | ||
| JOHN KOLLA | ||||||||
| EVP & CFO | 50.0 | 399287 | 0 | 41106 | X | X | ||
| PATRICIA CURRY | ||||||||
| VP COMMUNICATIONS | 50.0 | 242793 | 0 | 10717 | X | X | ||
| MARTIN BOHLEY | ||||||||
| VP | 50.0 | 225243 | 0 | 12375 | X | X | ||
| DAVID SNOW | ||||||||
| DIRECTOR, DEV & GOT AFFAIRS | 40.0 | 151745 | 0 | 21102 | X | |||
| CHRIS PIETRAFITTA | ||||||||
| LITIGATION COUNSEL | 40.0 | 148325 | 0 | 22412 | X | |||
| ROBERT GOODMAN | ||||||||
| INFORMATION ARCHITECT | 40.0 | 146782 | 0 | 32292 | X | |||
| ANGELA O'BRIEN | ||||||||
| MANAGING DIR, IT BUSINESS ANAL | 40.0 | 143912 | 0 | 31501 | X | |||
| LARRY CASEY | ||||||||
| DIRECTOR, SYSTEMS ARCHITECTURE | 40.0 | 141879 | 0 | 31300 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5277060 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 684981 | TotalOtherCompensation |
| Number Individuals GT100 K | 55 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KENTUCKY HIGHER EDUCATION | |||||
| PO BOX 24266 | LOUISVILLE | KY | 402240266 | Student Loan Service | 6867095 |
| PROVIDE LLC | |||||
| 100 PENCADER DRIVE | NEWARK | DE | 19702 | Mailings | 1836941 |
| V TEK SYSTEMS CORP | |||||
| 1315 S VALLEY VISTA DRIVE | DIAMOND BAR | CA | 91765 | IT Consulting | 994094 |
| REDHEAD COMPANIES INC | |||||
| 6011 UNIVERSITY BLVD SUITE 210 | ELLICOTT CITY | MD | 21043 | Marketing Consulting | 951238 |
| 5280 SOLUTIONS | |||||
| 8470 LUCENT BLVD SUITE 400 | HIGHLANDS RANCH | CO | 80129 | IT Consulting | 842552 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 31 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STUDENT LOAN PRGM | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 270241233 | TotalRevenueColumn |
| Related Or Exempt Function Income | 270038880 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 202353 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 270241233 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 925621 | TotalRevenueColumn |
| Exclusion | $925,621 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23160 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4733 | Securities |
| Other | 459 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18427 | Securities |
| Other | -459 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17968 | TotalRevenueColumn |
| Exclusion | $17,968 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 271184822 | TotalRevenueColumn |
| Related Or Exempt Function Income | 270038880 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 202353 | UnrelatedBusinessRevenue |
| Exclusion | $943,589 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4028991 | Total |
| Program Services | 2530823 | ProgramServices |
| Management And General | 1498168 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17430414 | Total |
| Program Services | 15783248 | ProgramServices |
| Management And General | 1647166 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1376187 | Total |
| Program Services | 1183015 | ProgramServices |
| Management And General | 193172 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6697335 | Total |
| Program Services | 5521999 | ProgramServices |
| Management And General | 1175336 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1733140 | Total |
| Program Services | 1461386 | ProgramServices |
| Management And General | 271754 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491370 | Total |
| Program Services | 376711 | ProgramServices |
| Management And General | 114659 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 573558 | Total |
| Program Services | 315751 | ProgramServices |
| Management And General | 257807 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102114 | Total |
| Management And General | 102114 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54636 | Total |
| Management And General | 54636 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10041121 | Total |
| Program Services | 9861675 | ProgramServices |
| Management And General | 179446 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1430004 | Total |
| Program Services | 1425254 | ProgramServices |
| Management And General | 4750 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3121587 | Total |
| Program Services | 2923789 | ProgramServices |
| Management And General | 197798 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2933931 | Total |
| Program Services | 2893411 | ProgramServices |
| Management And General | 40520 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2230967 | Total |
| Program Services | 2009210 | ProgramServices |
| Management And General | 221757 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693205 | Total |
| Program Services | 526623 | ProgramServices |
| Management And General | 166582 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286766 | Total |
| Program Services | 286766 | ProgramServices |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117370963 | Total |
| Program Services | 117370963 | ProgramServices |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4695601 | Total |
| Program Services | 4570199 | ProgramServices |
| Management And General | 125402 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 313862 | Total |
| Management And General | 313862 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| PROVISION FOR LOAN LOSSES | 59838700 | 59838700 |
| CONSOLIDATION OF LOAN REBATE | 32839501 | 32839501 |
| FAS 91 LOAN ORIG FEE DEFERRAL | -1651293 | -1651293 |
| PROGRAM MATERIALS | 588040 | 588040 |
| AMORTIZATION OF FEES | 4489764 | 4489764 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75520 | Total |
| Program Services | 75520 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 271785984 | Total |
| Program Services | 265221055 | ProgramServices |
| Management And General | 6564929 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1712 | BOY |
| EOY | 3181253 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 372522 | BOY |
| EOY | 2519844 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9672933976 | BOY |
| EOY | 9460180215 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24435212 | BOY |
| EOY | 21462777 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 38286897 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 24293793 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15950983 | BOY |
| EOY | 13993104 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30905997 | BOY |
| EOY | 93659412 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 585492790 | BOY |
| EOY | 721118019 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10330093192 | BOY |
| EOY | 10316114624 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24925470 | BOY |
| EOY | 40194325 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10089786170 | BOY |
| EOY | 10064580236 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15597846 | BOY |
| EOY | 14073617 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10130309486 | BOY |
| EOY | 10118848178 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199783706 | BOY |
| EOY | 197266446 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199783706 | BOY |
| EOY | 197266446 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10330093192 | BOY |
| EOY | 10316114624 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 411302398 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 629238077 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 730284016 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 483699710 | CurrentTaxYearMinus1Year |
| Current Tax Year | 270241233 | CurrentTaxYear |
| Total | 2524765434 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 411302398 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 629238077 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 730284016 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 483699710 | CurrentTaxYearMinus1Year |
| Current Tax Year | 270241233 | CurrentTaxYear |
| Total | 2524765434 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2524765434 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3945198 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4940049 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5185374 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1868170 | CurrentTaxYearMinus1Year |
| Current Tax Year | 925621 | CurrentTaxYear |
| Total | 16864412 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3945198 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4940049 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5185374 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1868170 | CurrentTaxYearMinus1Year |
| Current Tax Year | 925621 | CurrentTaxYear |
| Total | 16864412 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 415247596 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 634178126 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 735469390 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 485567880 | CurrentTaxYearMinus1Year |
| Current Tax Year | 271166854 | CurrentTaxYear |
| Total | 2541629846 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99337 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99280 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00664 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00720 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $100,408 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 100408 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2419465 | OtherCostOrOtherBasis |
| Depreciation | 1070092 | Depreciation |
| Book Value | 1349373 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 34995928 | OtherCostOrOtherBasis |
| Depreciation | 23051283 | Depreciation |
| Book Value | 11944645 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 871504 | OtherCostOrOtherBasis |
| Depreciation | 172418 | Depreciation |
| Book Value | 699086 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 13993104 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| RESTRICTED CASH AND CASH | 557082255 |
| ACCRUED INTEREST RECEIVABLE | 163037055 |
| PRIVATE LOAN FEES RECEIVABLE | 998709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 721118019 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LOAN ORIGINATION FEES PAYABLE | $9,507,125 |
| PAYROLL RELATED LIABILITIES | $3,690,626 |
| OTHER CURRENT LIABILITIES | $875,866 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 14073617 | TotalOfAmounts |
| Total Revenue | 271184822 | TotalRevenue |
| Total Expenses | 271785984 | TotalExpenses |
| Excess Or Deficit For Year | -601162 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3226587 | NetUnrealizedGLOnInvestments |
| Other | -$5,142,687 | OtherAmount |
| Total Adjustments | -1916100 | TotalAdjustments |
| Excess Or Deficit Per FS | -2517262 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 237198809 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3226587 | NetUnrealizedGainsInvestments |
| Other Revenues | 116206 | OtherRevenues |
| Revenue Not Rptd F990 | 3342793 | RevenueNotRptdF990 |
| Revenue Subtotal | 233856016 | RevenueSubtotal |
| Other Revenues Not Included | 37328806 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 37328806 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 271184822 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 239716071 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 5258893 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 5258893 | ExpensesNotRptdF990 |
| Expenses Subtotal | 234457178 | ExpensesSubtotal |
| Other Expenses Not Included | 37328806 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 37328806 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 271785984 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Fin 48 Statement | Part X | The Company accounts for uncertainties in income taxes based on a threshold of more-likely-than-not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The Company has no uncertain tax positions meeting the threshold. |
| Reconciliation of Net Assets | Part XI, Line 8 | Loan Reserve Trust Income 116,206 Loan Reserve Trust Expense (5,258,893) --------- Net Loan Reserve Trust excess (5,142,687) ========= |
| Reconciliation of Revenue | Part XII | Line 2d - Other Revenue Included on Books but not on Return Loan Reserve Trust Income 116,206 --------- Total Line 2d 116,206 ========= Line 4b - Other Revenue Included on Return but not on Books Gain on sale of Fixed Assets orig incl in expense (459) Amortization of Fees 4,489,764 Consolidation Loan Rebate Fee 32,839,501 ---------- Total Line 4b 37,328,806 ========== |
| Reconciliation of Expenses | Part XIII | Line 2d - Other Expenses Included on Books but not on Return Loan Reserve Trust Expenses 5,258,893 --------- Total Line 2d 5,258,893 ========= Line 4b - Other Expenses Included on Return but not on Books Gain on sale of Fixed Assets orig incl in expense (459) Amortization of Fees 4,489,764 Consolidation Loan Rebate Fee 32,839,501 ---------- Total Line 4b 37,328,806 ========== |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | true | InitialContractException |
| Rebuttable Presumption Procedure | true | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (23 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER CHAPMAN | |||||||||||||
| 438848 | 0 | 233003 | 0 | 18767 | 0 | 19584 | 0 | 22984 | 0 | 733186 | 0 | 0 | 0 |
| VIVIAN BOWDEN | |||||||||||||
| 219370 | 0 | 75817 | 0 | 17388 | 0 | 18961 | 0 | 9118 | 0 | 340654 | 0 | 0 | 0 |
| DAVID CLARK | |||||||||||||
| 162157 | 0 | 48528 | 0 | 24546 | 0 | 15060 | 0 | 18726 | 0 | 269017 | 0 | 0 | 0 |
| JEAN FRANCOIS | |||||||||||||
| 166369 | 0 | 48526 | 0 | 17862 | 0 | 15131 | 0 | 22687 | 0 | 270575 | 0 | 0 | 0 |
| FRANK DELUCA | |||||||||||||
| 156755 | 0 | 47168 | 0 | 30546 | 0 | 14683 | 0 | 21918 | 0 | 271070 | 0 | 0 | 0 |
| JENNIFER BROWN | |||||||||||||
| 167136 | 0 | 48522 | 0 | 17082 | 0 | 15171 | 0 | 22980 | 0 | 270891 | 0 | 0 | 0 |
| PAUL QUIGLEY | |||||||||||||
| 157138 | 0 | 44178 | 0 | 11159 | 0 | 13799 | 0 | 21982 | 0 | 248256 | 0 | 0 | 0 |
| EILEEN SANTOS | |||||||||||||
| 159119 | 0 | 42618 | 0 | 3799 | 0 | 13083 | 0 | 9106 | 0 | 227725 | 0 | 0 | 0 |
| MARY CHAN | |||||||||||||
| 142313 | 0 | 42826 | 0 | 25941 | 0 | 13278 | 0 | 9683 | 0 | 234041 | 0 | 0 | 0 |
| DAVID FOX | |||||||||||||
| 157642 | 0 | 42688 | 0 | 7293 | 0 | 13236 | 0 | 26000 | 0 | 246859 | 0 | 0 | 0 |
| RICHARD SULTZER | |||||||||||||
| 125292 | 0 | 41279 | 0 | 23189 | 0 | 12264 | 0 | 22875 | 0 | 224899 | 0 | 0 | 0 |
| TIMOTHY BALFOUR | |||||||||||||
| 133026 | 0 | 39151 | 0 | 17224 | 0 | 12054 | 0 | 15477 | 0 | 216932 | 0 | 0 | 0 |
| KEITH COUGHEY | |||||||||||||
| 134634 | 0 | 40780 | 0 | 24223 | 0 | 12830 | 0 | 11700 | 0 | 224167 | 0 | 0 | 0 |
| ERICA FAIR | |||||||||||||
| 126653 | 0 | 24749 | 0 | 9065 | 0 | 10976 | 0 | 13019 | 0 | 184462 | 0 | 0 | 0 |
| DEBORAH GAWRYLOWICZ | |||||||||||||
| 134615 | 0 | 18714 | 0 | 9396 | 0 | 11895 | 0 | 21916 | 0 | 196536 | 0 | 0 | 0 |
| DAVID SNOW | |||||||||||||
| 133546 | 0 | 17536 | 0 | 663 | 0 | 8152 | 0 | 12950 | 0 | 172847 | 0 | 0 | 0 |
| CHRIS PIETRAFITTA | |||||||||||||
| 113504 | 0 | 17417 | 0 | 17404 | 0 | 10732 | 0 | 11680 | 0 | 170737 | 0 | 0 | 0 |
| ROBERT GOODMAN | |||||||||||||
| 122877 | 0 | 10268 | 0 | 13637 | 0 | 10990 | 0 | 21302 | 0 | 179074 | 0 | 0 | 0 |
| ANGELA O'BRIEN | |||||||||||||
| 110231 | 0 | 16769 | 0 | 16912 | 0 | 10498 | 0 | 21003 | 0 | 175413 | 0 | 0 | 0 |
| LARRY CASEY | |||||||||||||
| 118240 | 0 | 16774 | 0 | 6865 | 0 | 10336 | 0 | 20964 | 0 | 173179 | 0 | 0 | 0 |
| JOHN KOLLA | |||||||||||||
| 272202 | 0 | 97643 | 0 | 29442 | 0 | 19600 | 0 | 21506 | 0 | 440393 | 0 | 0 | 0 |
| PATRICIA CURRY | |||||||||||||
| 47852 | 0 | 38459 | 0 | 156482 | 0 | 4266 | 0 | 6451 | 0 | 253510 | 0 | 0 | 0 |
| MARTIN BOHLEY | |||||||||||||
| 50657 | 0 | 40312 | 0 | 134274 | 0 | 5750 | 0 | 6625 | 0 | 237618 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| HEALTH CLUB REIMBURSEMENT | SCHEDULE J, PART I, LINE 1A | The organization's policy is to reimburse membership fees to health clubs up to a maximum of $200 per year and applies to all employees. Prior to 2009, the maximum amount was $400. |
| SEVERANCE PAY | SCHEDULE J, PART I, LINE 4A | PATRICIA CURRY - SEVERANCE PAY $124,000 MARTIN BOHLEY - SEVERANCE PAY $107,812 |
| CONTRACT TERMS | SCHEDULE J, PART I, LINE 8 | Prior to the acceptance of the employment contract by the CEO, the terms of the contract, including base pay and benefits, were negotiated at arms length. THE CONTRACT IS FOR THREE YEARS, EXPIRING ON JANUARY 28, 2011, FOLLOWED BY AN ANNUALLY RECURRING ONE YEAR RENEWAL OPTION AT THE DISCRETION OF THE COMPANY. The final contract was reviewed by the board of directors and the compensation was determined to be reasonable based on comparable salary market data for the organization's industry, geographic region, size, and non-profit status provided by an external compensation consultant. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part VI, Line 6 | Acces Group, Inc. is a Delaware nonstock corporation. It is a membership organization whose members are state-operated or tax-exempt American Bar Association-approved law schools located in the United States. |
| Part VI, Line 7A | Pursuant to Section 3.2 of the organization's by-laws, the Board of Directors shall consist of no more than thirteen directors. The members shall elect the minimum number of directors necessary to constitute a majority of the total number of directors (the "Class A Directors"). The remaining directors (the "Class B Directors") are elected by the directors then serving. |
| Part VI, Line 7B | Section 2.6.C of the bylaws provides that the members must approve the following actions of the board of directors: the revocation, repeal, amendment, or modification of Section 2.6.C of the bylaws and the revocation, repeal, amendment, or modification of Article X of the certificate of incorporation regarding distributions upon liquidation of the organization. The Delaware General Corporation law also contains provisions requiring that certain actions by the board of directors be approved by the voting members. |
| Part VI, Line 11A | Form 990 was prepared by management in consultation with the organization's tax accountants and attorneys. Pursuant to its charter, the audit committee of the board of directors reviewed a draft at a meeting prior to filing. A copy of the final Form 990, including all required schedules, was provided to each of the organization's directors prior to filing with the IRS. |
| Part VI, Line 12C | Monitoring of conflict of interest policy - The organization's conflict of interest policy requires each interested person (defined as the organization's directors, officers and key employees) to disclose any financial interest (certain ownership interest or compensation arrangements) they may have in connection with a proposed transaction between the organization and a third party. The board of directors will determine if such financial interest constitutes a conflict of interest and will employ the policy's procedures for addressing any such conflict. All interested persons provide a written certification annually affirming that they have received and understand the policy and agree to comply with it. The organization's audit department conducts periodic reviews as required by the organization's conflict of interest policy. |
| Part VI, Line 15A | The Board instructs the Senior Vice President-Administration to engage a compensation consultant to review the CEO's compensation to establish the range of comparable market rate compensation for the organization's industry, geographic region, size, and non-profit status. The compensation consultant issues an opinion based on salary market data. The Senior Vice President-Administration provides this information to the compensation and benefits committee of the board, and the CEO's salary is determined by the board committee using the comparable market ranges. |
| Part VI, Line 15B | Compensation of the organization's other officers and key employees is determined in the same manner used for employees in general. The organization develops a chart of salary ranges based on market pay data and a merit increase matrix. Employees receive annual performance reviews. The performance review rating for each employee is correlated with the employee's salary range and the merit increase matrix. |
| Part VI, Line 19 | The organization's certificate of incorporation is a public document on file with the Delaware Secretary of State. The organization does not make its bylaws and conflict of interest policy available to the public. Its audited financial statements for the past three years are available on its website. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState |
|---|---|---|---|---|---|---|
| Access Funding ABCP-I (ABCP-I) | ||||||
| C/O ACCESS GROUP 5500 BRANDYWINE P | WILMINGTON | DE | 19803 | 232719985 | STUDENT LOANS | DE |
| Program for Educ & Access to Knwldge for | ||||||
| C/O ACCESS GROUP 5500 BRANDYWINE P | WILMINGTON | DE | 19803 | 232719985 | STUDENT LOANS | DE |
| Affiliated Loan Program for Students | ||||||
| C/O ACCES GROUP 5500 BRANDYWINE PK | WILMINGTON | DE | 19803 | 232719985 | STUDENT LOANS | DE |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Access Group Loan Reserve Trust I | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Rodney Sq North 1100 N Market St | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 19890 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 516522917 | EIN |
| Primary Activities | guarantee Fun | PrimaryActivities |
| Legal Domicile State | DE | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | na | BusinessNameLine1 |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | Code VCodeVAmount | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Access Grp Ecasla Participation Pshp I | |||||||||||||
| c/o Access Group 5500 Brandywine | Wilmington | DE | 19803 | 270663838 | student loans | DE | na | related | 2515310 | 0 | false | $0 | true |
| Access Grp Ecasla Participation Pshp II | |||||||||||||
| c/o Access Group 5500 Brandywine | Wilmington | DE | 19803 | 272152283 | student loans | DE | na | related | 1579436 | 71605569 | false | $0 | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | true | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Access Group Ecasla Participation Pshp I | |
| B, Q | 21395298 |
| Access Group Ecasla Participation Pshp I | |
| R | 31727699 |
| Access Group Ecasla Participation Pshp II | |
| B, Q | 65579058 |
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