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EIN 42-1137531

Iowa Student Loan

IRS 501(c) type
501(c)(3)
Num. employees
84
City
West Des Moines
State
Iowa
Year formed
1979
Most recent tax filings
2022-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Established in 1979 as a private, nonprofit corporation, Iowa Student Loan helps Iowa students and families obtain the resources necessary to succeed in postsecondary education.
Also known as...
Iowa Student Loan Liquidity Corporation
Total revenues
$50,621,901
2022
Total expenses
$63,703,769
2022
Total assets
$1,901,708,317
2022
Num. employees
84
2022

Program areas at Iowa Student Loan

Iowa Student Loan Liquidity Corporation provides funds for the acquisition and servicing of Student loans under the u.s. higher education act of 1965, as amended, and other non-higher education act Student Loan programs. As of june 30, 2022, the Corporation owned and serviced loans totaling 241,266 with an outstanding balance of $1,726,144,574.

Grants made by Iowa Student Loan

GranteeGrant descriptionAmount
Iowa College Access NetworkGeneral Support$700,000

Personnel at Iowa Student Loan

NameTitleCompensation
Steve McCulloughPresident and Chief Executive Officer$423,741
Cindy BartzChief Information Officer$220,390
Mary Kay DeboltVice President of Operations$0
Joe BirdVice President of Business Development
Ron ForesmanVice President of Accounting and Risk Management$222,197
...and 6 more key personnel

Financials for Iowa Student Loan

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$50,346,009
Investment income and dividends$310,051
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-57,390
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,231
Total revenues$50,621,901

Form 990s for Iowa Student Loan

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-10990View PDF
2020-062021-04-27990View PDF
2019-062020-09-25990View PDF
2018-062019-06-19990View PDF
...and 11 more Form 990s

Organizations like Iowa Student Loan

OrganizationLocationRevenue
NHHEAF Network Organizations (NHHEAF)Concord, NH$60,034,018
American Student Assistance (ASA)Boston, MA$81,920,356
Helios Education FoundationPhoenix, AZ$21,760,037
Trellis CompanyRound Rock, TX$75,038,315
Nebraska Student Loan Program (NSLP)Lincoln, NE$45,453,979
Mississippi State University FoundationMississippi State, MS$79,749,690
South Carolina Student Loan Corporation (SCSL)Columbia, SC$58,099,567
Alliance for Choice in Education (ACE)Greenwood Village, CO$34,038,450
Colorado Enterprise Fund (CEF)Denver, CO$16,879,154
University of West Florida FoundationPensacola, FL$25,076,558
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 7, 2023
Used new vendors
Identified 2 new vendors, including , and
June 30, 2023
Updated personnel
Identified 1 new personnel
May 14, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
6805 Vista Dr
West Des Moines, IA 50266
Metro area
Des Moines-West Des Moines, IA
County
Dallas County, IA
Website URL
iowastudentloan.org/ 
Phone
(855) 811-9849
Facebook page
IowaStudentLoan 
IRS details
EIN
42-1137531
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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