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.
Who funds National Association of Student Financial Aid Administrators
Grants from foundations and other nonprofits
Personnel at National Association of Student Financial Aid Administrators
| Name | Title | Compensation | Date of data |
|---|
| Justin Draeger | President and Chief Executive Officer | $490,388 | 2023-05-15 |
| Elizabeth Maglione | Secretary and Executive Vice President | $160,319 | 2022-06-30 |
| Megan Coval | Vice President , Policy and Advocacy | $138,843 | 2021-06-30 |
| Mindy Eline | Vice President | $154,808 | 2022-06-30 |
| Anthony Erwin | Principal Consultant | $183,047 | 2022-06-30 |
| ...and 6 more key personnel |
Financials for National Association of Student Financial Aid Administrators
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,921,791 | $1,341,700 | 43.2% |
| Program services | $8,440,323 | $7,412,084 | 13.9% |
| Investment income and dividends | $672,913 | $246,459 | 173% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $3,000 | $553 | 442.5% |
| Net gain from sale of non-inventory assets | $-90,448 | $691,220 | -113.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $733,989 | $316,599 | 131.8% |
| Total revenues | $11,681,568 | $10,008,615 | 16.7% |
Organizations like National Association of Student Financial Aid Administrators
| Organization | Type | Location | Revenue |
|---|
| American Association of Colleges of Nursing | 501(c)(3) | Washington, DC | $22,408,211 |
| New England Association of Schools and Colleges | 501(c)(3) | Lowell, MA | $7,781,290 |
| Council for Advancement and Support of Education / Case (CASE) | 501(c)(3) | Washington, DC | $25,488,025 |
| Council for Christian Colleges and Universities | 501(c)(3) | Washington, DC | $9,063,115 |
| National Association for College Admission Counseling | 501(c)(3) | Arlington, VA | $16,109,144 |
| Northwest Commission on Colleges and Universities (NWCCU) | 501(c)(3) | Redmond, WA | $4,754,523 |
| Georgia Independent College Association | 501(c)(3) | Atlanta, GA | $3,001,515 |
| American Association of Community Colleges (AACC) | 501(c)(3) | Washington, DC | $24,230,755 |
| Association of Public and Land-Grant Universities (APLU) | 501(c)(3) | Washington, DC | $22,104,494 |
| Wisconsin Association of Independent Colleges and Universities | 501(c)(3) | Madison, WI | $4,896,137 |
Data update history
January 5, 2023
Updated personnel
Identified 14 new personnel
December 16, 2021
Updated personnel
Identified 11 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Trade associationsBusiness and community development organizationsSchoolsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
MembershipsPolitical advocacyLobbyingOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 1801 Pennsylvania Ave NW 850
- Washington, DC 20006
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Website URL
- nasfaa.org/Â
- Phone
- (202) 785-0453
- Facebook page
- masfaaÂ
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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