nonprofit logo

Brazos Education Lending Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203870081 ✦ Waco, TX ✦ Designated as a 501(c)(3)

Overview

What is Brazos Education Lending Corporation?

Brazos Education Lending Corporation, situated in Waco, Texas, serves as an originating lender for private college student loans. Their mission is to make education accessible by funding various educational opportunities and initiatives. The corporation holds student loans under private student loan programs, which are obtained through a line of credit. The organization's activities aim to support students in achieving their educational goals, likely by providing financial assistance.


Official website here: www.studentloans.com

Is Brazos Education Lending Corporation legitimate?

Brazos Education Lending Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brazos Education Lending Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.studentloans.com

What is the mission statement of Brazos Education Lending Corporation?

Brazos Education Lending Corporation's mission is centered around making education accessible by supporting various programs and initiatives that finance educational opportunities. As an originating lender of private college student loans, their mission is to make education a reality for many. By funding these loans through a line of credit, they contribute to the realization of educational aspirations for numerous individuals.


Official website here: www.studentloans.com

Who is the CEO of Brazos Education Lending Corporation?

Ricky Turman is the President/Ceo of Brazos Education Lending Corporation. The CEO's salary of Brazos Education Lending Corporation is $0 and their total compensation is $775,096.


Official website here: www.studentloans.com

What is the revenue of Brazos Education Lending Corporation?

Brazos Education Lending Corporation's revenue in 2022 was $709,354.


Official website here: www.studentloans.com

Who are the executives of Brazos Education Lending Corporation and what are their salaries?

Here are 18 key members and their salaries (Brazos Education Lending Corporation's CEO's salary is $0 and their total compensation is $775,096):

    Thomas Ben Litle (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $707,065
  • Other: $68,031

    • Ricky Turman (Evp/Coo/Cfo)
  • Compensation: $0
  • Related: $593,678
  • Other: $71,273

    • Kelli Uttech (Svp/General Counsel)
  • Compensation: $0
  • Related: $341,729
  • Other: $63,567

    • Samuel Redden (Svp/Cio)
  • Compensation: $0
  • Related: $285,677
  • Other: $64,574

    • Andrew Ellis (Vp Human Resources)
  • Compensation: $0
  • Related: $252,307
  • Other: $54,867

    • Tammy Harralson (Vp/Controller)
  • Compensation: $0
  • Related: $234,378
  • Other: $57,610

    • Randall Larson (Vp Sales)
  • Compensation: $0
  • Related: $226,544
  • Other: $55,808

    • Darrell Brooks (Treasurer)
  • Compensation: $0
  • Related: $186,941
  • Other: $46,110

    • Susan Davis (Secretary End: 06/21)
  • Compensation: $0
  • Related: $131,448
  • Other: $20,232

    • Tiffany Jones (Secretary)
  • Compensation: $0
  • Related: $84,031
  • Other: $18,574

    • Robert B Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Harelik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Kultgen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Terry Maness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clement Milam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Popejoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.studentloans.com

    Where can I find the form 990 for Brazos Education Lending Corporation?

    The Brazos Education Lending Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.studentloans.com

    Learn more at the official website: www.studentloans.com

    Mission Statement of Brazos Education Lending Corporation

    Brazos Education Lending Corporation, abbreviated as BELC, is dedicated to making education a tangible reality for individuals. They accomplish this by supporting various programs and initiatives aimed at financing educational opportunities. BELC serves as an originating lender for private college student loans, with a mission to extend financial support to those seeking higher education. Through a line of credit, they fund these loans, thereby contributing to the realization of educational aspirations.

    Impact

    This information is meant to be a general summary of Brazos Education Lending Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Brazos Education Lending Corporation has had a significant impact on enabling students to access higher education by providing funding through private student loan programs. By offering financial support, Brazos Education Lending Corporation has helped countless individuals fulfill their educational aspirations and achieve their academic goals. Their mission to make education a reality by supporting programs and initiatives to finance educational opportunities has played a crucial role in facilitating access to higher education for students who may not have been able to afford it otherwise. Through their efforts, Brazos Education Lending Corporation has contributed to the advancement of education and the empowerment of students across the country.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,800
  • Program Service Revenue: $706,554
  • Gross Receipts: $709,354

    • Assets and Liabilities:
  • Total Assets: $3,386,482
  • Total Liabilities: $3,375,455
  • Net Assets: $11,027
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Interest Received on Student Loans

    Revenue

    $89,526

    LOAN REFINANCE

    Revenue

    $617,028

    Organization Details

    Founding Year

    2005

    Principal Officer

    Ricky Turman

    Main Address

    5609 Crosslake Pkwy, Waco, TX, 76712

    NTEE Category

    Code: B82 - Education

    If you are a representative of Brazos Education Lending Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.