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Questa Education Foundation Inc

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

EIN: 356025795 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

Overview

What is Questa Education Foundation Inc?

Questa Education Foundation Inc, situated in Fort Wayne, Indiana, is a nonprofit organization that focuses on facilitating access to higher education for individuals in northeast Indiana. They offer loan and scholarship programs, such as the Questa Scholars, which provided over $1.9 million to 439 students in 2023 from various counties. The Questa Scholars Program allows students to borrow up to $20,000 over four years, with the possibility of loan forgiveness for those who meet specific residency and employment requirements in the region for 1 to 5 years after graduation. Questa Education Foundation's mission is to help individuals from northeast Indiana attend college, graduate with lower debt, and contribute positively to the local workforce. The foundation has a workforce of 9 dedicated individuals committed to this cause.


Official website here: www.questafoundation.org

Is Questa Education Foundation Inc legitimate?

Questa Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Questa Education Foundation Inc 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: $122,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,165

For more financial information, click here


Official website here: www.questafoundation.org

What is the mission statement of Questa Education Foundation Inc?

The Questa Education Foundation's mission is centered around assisting individuals in gaining access to post-secondary education. Their goal is to help these individuals graduate with manageable debt and prepare them to become valuable contributors to the workforce in various regions. The foundation accomplishes this by administering loan and scholarship programs, such as the Questa Scholars program, which provides financial aid to students from several counties in Indiana. After graduation, students who meet certain residency and employment requirements in the region for a specified period may become eligible for loan forgiveness, thereby reducing their debt burden significantly.


Official website here: www.questafoundation.org

Who is the CEO of Questa Education Foundation Inc?

Emily E Pichon Jd is the Chairman of Questa Education Foundation Inc.


Official website here: www.questafoundation.org

What is the revenue of Questa Education Foundation Inc?

Questa Education Foundation Inc's revenue in 2023 was $3,065,583.


Official website here: www.questafoundation.org

Who are the executives of Questa Education Foundation Inc and what are their salaries?

The average compensation at Questa Education Foundation Inc during 2023 was $48,424. There are 9 employees and 92 volunteers at Questa Education Foundation Inc.

Here are 18 key members and their salaries:

    Elizabeth Bushnell Phd (Executive Dir.)
  • Compensation: $119,000
  • Related: $0
  • Other: $5,437

    • Emily E Pichon Jd (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Boyce Cfp (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Jones Cic (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Lamle Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Alvarez Edd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allyn P Decker Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shenita Bolton M Ed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Lacross Dnp Rn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Van Baalen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edmond O'Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Haist Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Cashman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Solms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denice Beights (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Downs Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brok Lahrman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stepanie Veit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.questafoundation.org

    Where can I find the form 990 for Questa Education Foundation Inc?

    The Questa Education Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.questafoundation.org

    Learn more at the official website: www.questafoundation.org

    Mission Statement of Questa Education Foundation Inc

    Questa Education Foundation, a nonprofit organization, is committed to assisting individuals in gaining access to post-secondary education. Its mission is to empower these individuals, enabling them to graduate with reduced debt and ultimately become valuable contributors to Northeast Indiana's workforce. By administering various loan and scholarship programs, Questa Education Foundation provides financial aid to students from several counties, including Adams, Allen, DeKalb, Huntington, Kosciuscko, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley. The organization offers Questa Scholars loans, with eligible students typically able to borrow up to $20,000 over four years, after which they may become eligible for partial or full loan forgiveness if they meet specific residency and employment requirements in Northeast Indiana for a certain period. By fulfilling this mission, Questa Education Foundation plays a crucial role in enhancing educational opportunities and fostering economic growth within the region.

    Impact

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




    Thursday, August 15, 2024

    Questa Education Foundation Inc's impact is significant in helping individuals access post-secondary education, graduate with less debt, and become contributing members of Northeast Indiana's workforce. During fiscal year 2023, Questa Foundation provided over $1,974,632 in Questa Scholars loans to 439 students from various counties attending college. This assistance enables students to borrow up to $20,000 over four years, with the potential to have a portion of their loan balance forgiven by meeting residency and employment requirements in northeast Indiana. Through these programs, Questa Education Foundation is making higher education more accessible and affordable for individuals in the region, ultimately supporting workforce development and economic growth.





    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 2023.

  • Investment Income: $199,987
  • Program Service Revenue: $215,205
  • Gross Receipts: $6,683,364

    • Assets and Liabilities:
  • Total Assets: $16,624,759
  • Total Liabilities: $300,817
  • Net Assets: $16,323,942
  • Programs

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

    Loan administration fees

    Revenue

    $176,057

    Loan interest & late fees

    Revenue

    $39,148

    Organization Details

    Founding Year

    1946

    Principal Officer

    Emily E Pichon Jd

    Main Address

    6502 Constitution Drive, Fort Wayne, IN, 46804

    NTEE Category

    Code: B120 - Education

    If you are a representative of Questa Education Foundation Inc 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.