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EIN 42-6078059

PEO Educational Loan Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Des Moines
State
Iowa
Year formed
1907
Most recent tax filings
2024-06-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
I can generate a shorter description: Peo Eductional Loan Fund is a Des Moines-based financial institution/credit union that earned nearly $4M in revenues last year.
Related structure
PEO Educational Loan Fund is a subordinate organization under Cottey College.
Total revenues
$5,775,594
2024
Total expenses
$428,812
2024
Total assets
$94,467,243
2024
Num. employees
0
2024

Program areas at PEO Educational Loan Fund

Loans totaling $8,284,100 were approved during the year for 586 women; 4,963 were outstanding at year end with an aggregate balance of $40,873,196. Maximum loan for any woman is $20,000. Principal payments during the year totalled $8,549,561.

Who funds PEO Educational Loan Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
PEO FoundationEduc Loans$342,396
PEO Sisterhood International - CA State ChapterEducation Loan$97,575
PEO Sisterhood International - TX State ChapterEducation Loans$88,009
...and 36 more grants received totalling $1,593,264

Financials for PEO Educational Loan Fund

RevenuesFYE 06/2024
Total grants, contributions, etc.$2,791,949
Program services$687,122
Investment income and dividends$1,488,090
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$808,433
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,775,594
Data update history
January 14, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 13, 2025
Received grants
Identified 1 new grant, including a grant for $342,396 from PEO Foundation
January 11, 2025
Updated personnel
Identified 1 new personnel
December 25, 2024
Received grants
Identified 1 new grant, including a grant for $5,732 from The Greater Cincinnati Foundation
October 12, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Credit unionsChapter / child organizationsCharities
Issues
Education
Characteristics
Operates internationallyEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3700 Grand Ave
Des Moines, IA 50312
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
peointernational.org/ 
IRS details
EIN
42-6078059
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1907
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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