EIN 83-0211970

National Association of Student Financial Aid Administrators

IRS 501(c) type
501(c)(3)
Num. employees
52
Year formed
1973
Most recent tax filings
2023-06-01
Description
NASFAA advocates for student financial aid policies, serves as a forum for discussions and provides resources for financial aid administrators.
Total revenues
$11,084,089
2023
Total expenses
$9,935,657
2023
Total assets
$25,889,664
2023
Num. employees
52
2023

Program areas at National Association of Student Financial Aid Administrators

Membership services:this is the umbrella for a variety of initiatives focused on meeting nasfaa's strategic initiative of providing proactive education opportunities and research information. It also provides for travel, meals and lodging for the various volunteer committees and boards, printing and mailing of publications including a magazine.
Grants: received are used for various initiative such as educating the public, colleagues, and congressional members about relevant topics in federal Student Aid through research and advocacy work.
Board designated fund expenses:operating reserve fund - this fund has been established to meet unusual income short-falls, or to help properly terminate operations if the Association were dissolved.project development fund - this fund has been established to help fund new initiatives and development of new programs.strategic technology fund - this fund was established to underwrite new technology initiatives and invest in technology upgrades.

Personnel at National Association of Student Financial Aid Administrators

NameTitleCompensation
Justin DraegerPresident and Chief Executive Officer$490,388
Elizabeth MaglioneSecretary and Executive Vice President$160,319
Mindy ElineVice President$154,808
Anthony ErwinPrincipal Consultant$183,047
Jennifer JacksonDirector of Meetings and Events$118,726
...and 5 more key personnel

Financials for National Association of Student Financial Aid Administrators

RevenuesFYE 06/2023
Total grants, contributions, etc.$944,511
Program services$9,032,211
Investment income and dividends$415,086
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$322,081
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$370,200
Total revenues$11,084,089

Form 990s for National Association of Student Financial Aid Administrators

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-11990View PDF
2019-062021-01-21990View PDF
2018-062019-07-23990View PDF
...and 8 more Form 990s
Data update history
July 11, 2024
Used new vendors
Identified 3 new vendors, including , , and
April 23, 2024
Updated personnel
Identified 10 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsSchoolsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
MembershipsPolitical advocacyLobbyingOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1801 Pennsylvania Ave NW 850
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
nasfaa.org/ 
Phone
(202) 785-0453
Facebook page
masfaa 
IRS details
EIN
83-0211970
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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