Overview
What is Peo Educational Loan Fund?
The Peo Educational Loan Fund is a nonprofit organization situated in Des Moines, Iowa. Their primary mission is to offer financial aid through low-interest loans to eligible women pursuing higher education. During the year, they approved loans amounting to $6,514,200 for 457 women. The maximum loan amount per individual is capped at $20,000. At the end of the year, there were 4,751 outstanding loans with a total balance of $41,335,934. Principal repayments during the year reached $8,822,764. The fund's objective is to empower women by providing them with the necessary financial support to further their education.
Official website here: www.peointernational.org
Is Peo Educational Loan Fund legitimate?
Peo Educational Loan Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peo Educational Loan Fund 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: $152,034
For more financial information, click here
Official website here: www.peointernational.org
What is the mission statement of Peo Educational Loan Fund?
The Peo Educational Loan Fund's mission is centered around providing financial aid, specifically in the form of low-interest loans, to deserving women who are committed to furthering their education by pursuing higher studies. During the year, the fund approved loans amounting to $6,514,200 for 457 eligible students. At year-end, there were 4,751 outstanding loans with an accumulated balance of $41,335,934. The maximum loan amount for any individual is capped at $20,000. Principal repayments during the year totaled $8,822,764.
Official website here: www.peointernational.org
Who is the CEO of Peo Educational Loan Fund?
Dana Van Roekel is the Board Of Trustees After 922 of Peo Educational Loan Fund.
Official website here: www.peointernational.org
What is the revenue of Peo Educational Loan Fund?
Peo Educational Loan Fund's revenue in 2023 was $3,948,036.
Official website here: www.peointernational.org
Who are the executives of Peo Educational Loan Fund and what are their salaries?
- Pauline Nygaard (Board Of Trustees After 922)
- Stephanie Halton (Board Of Trustees)
- Harpreet Sareen (Board Of Trustees After 922)
- Kristen Cresta (Board Of Trustees Until 922)
- Ann Lambert (Board Of Trustees Chair Unti)
- Marti Ramsey (Board Of Trustees)
- Nanci Rosensteel (Board Of Trustees Chair)
- Laurel Andrew (Board Of Trustees)
- Dana Van Roekel (Director Of Financetreasurer)
- Kathy Soppe (Executive Director)
Official website here: www.peointernational.org
Where can I find the form 990 for Peo Educational Loan Fund?
The Peo Educational Loan Fund’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.peointernational.org
Learn more at the official website: www.peointernational.org
Mission Statement of Peo Educational Loan Fund
The Peo Educational Loan Fund is committed to providing financial aid in the form of affordable loans to deserving women who are pursuing higher education. This nonprofit organization's mission is centered around offering low-interest loans to qualified women students, thereby enabling them to further their academic pursuits. In the past year, the Peo Educational Loan Fund approved loans totaling $6,514,200 for 457 women. At the end of the year, a total of 4,751 loans, amounting to $41,335,934, were still outstanding. The maximum loan amount that any woman can receive from this fund is set at $20,000. Additionally, throughout the year, principal payments amounting to $8,822,764 were made.
Impact
This information is meant to be a general summary of Peo Educational Loan Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Peo Educational Loan Fund's impact can be clearly seen in the numbers: during the year, loans totaling over $6.5 million were approved for 457 women who are pursuing higher education. At the end of the year, there were 4,751 outstanding loans with an aggregate balance of over $41 million. This demonstrates the significant financial assistance provided to women students in achieving their educational goals. The fund's maximum loan of $20,000 per woman and the principal payments totaling over $8.8 million during the year further highlight its substantial support for women pursuing higher education.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on loans
Revenue
$718,352
Organization Details
Founding Year
1907
Principal Officer
Dana Van Roekel
Main Address
3700 Grand Ave, Des Moines, IA, 503122806
Website
www.peointernational.org
NTEE Category
Code: B82 - Education
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