Loading organization details...
Loading organization details...
TO IMPROVE EDUCATIONAL OPPORTUNITY AND PROMOTE REPAYMENT OF LOANS INCLUDING PROVIDING APPROPRIATE SERVICES INCIDENT TO THE ADMINISTRATION OF PROGRAMS WHICH ARE ESTABLISHED TO IMPROVE EDUCATIONONAL OPPORTUNITIES.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$4.5M
Program Spending
94%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$4.1M
Total Assets
$57.8M
Total Liabilities
▼$36.5M
Net Assets
$21.3M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$199.1K
Fundraising
▼N/A
Tax Year 2024 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $600K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY | HARTFORD, CT | $600K | Cash | SCHOLARSHIPS |
| Total | $600K | |||
CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY
HARTFORD, CT
$600K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2025 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $4.5M | $0 | $4.1M | $57.8M | $21.3M |
| 2023IRS e-File | $7.4M | $0 | $6.2M | $76.6M | $20.9M |
| 2022 | $4.8M | $0 | $6M | $126M | $23M |
| 2021 | $5.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Jeanette W Weldon | Executive Director | 5 | $0 | $277.8K | $55.4K | $333.2K |
| Charles Bodie | Managing Director | 0.1 | $0 | $199.1K | $56.7K | $255.9K |
| Michael F Morris | Former Managing Director | 0.1 | $0 | $223.9K | $28.9K | $252.8K |
| Denise E Aguilera | General Counsel | 2 | $0 | $220.6K | $28.6K | $249.3K |
| Dr Peter W Lisi | Chairman | 0.2 | $0 | $0 | $0 | $0 |
| Julie Savino | Vice Chairman | 0.2 | $0 | $0 | $0 | $0 |
Jeanette W Weldon
Executive Director
$333.2K
Hrs/Wk
5
Compensation
$0
Related Orgs
$277.8K
Other
$55.4K
Charles Bodie
Managing Director
$255.9K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$199.1K
Other
$56.7K
Michael F Morris
Former Managing Director
$252.8K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$223.9K
Other
$28.9K
Denise E Aguilera
General Counsel
$249.3K
Hrs/Wk
2
Compensation
$0
Related Orgs
$220.6K
Other
$28.6K
Dr Peter W Lisi
Chairman
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Julie Savino
Vice Chairman
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Joanne Mackewicz | Controller | 0.1 | $0 | $185.8K | $26.2K | $212K |
Joanne Mackewicz
Controller
$212K
Hrs/Wk
0.1
Compensation
$0
Related Orgs
$185.8K
Other
$26.2K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Andrew Foster | Director | 0.2 | $0 | $0 | $0 | $0 |
| Dr Kelli-Marie Valliers Phd | Director | 0.2 | $0 | $0 | $0 | $0 |
| Erick Russell | Acting Treasurer | 0.2 | $0 | $0 | $0 | $0 |
| Jeffrey R Beckham | Secretary | 0.2 | $0 | $0 | $0 | $0 |
| Martin Budd | Director | 0.2 | $0 | $0 | $0 | $0 |
| Terrence Cheng | Director |
Andrew Foster
Director
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Kelli-Marie Valliers Phd
Director
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Erick Russell
Acting Treasurer
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $4M |
| $147M |
| $24.2M |
| 2020 | $8.2M | $0 | $6.8M | $167.6M | $23.1M |
| 2019 | $10.8M | $0 | $13M | $193.8M | $21.8M |
| 2018 | $10.8M | $0 | $12.6M | $226.1M | $24M |
| 2017 | $10.4M | $0 | $9.9M | $258.7M | $25.8M |
| 2016 | $11M | $0 | $17.8M | $301.1M | $25.2M |
| 2015 | $9.4M | $0 | $10.9M | $347.6M | $32M |
| 2014 | $17.4M | $0 | $35M | $409M | $33.5M |
| 2013 | $20.1M | $0 | $13.6M | $470.2M | $51.1M |
| 2012 | $24.9M | $22.7K | $17.2M | $573.7M | $45.3M |
| 2011 | $27.8M | $0 | $17.9M | $677.8M | $36.2M |
| 2022 | 990 | Data |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 0.2 |
| $0 |
| $0 |
| $0 |
| $0 |
Jeffrey R Beckham
Secretary
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Martin Budd
Director
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0
Terrence Cheng
Director
$0
Hrs/Wk
0.2
Compensation
$0
Related Orgs
$0
Other
$0