Overview
What is Pheaa Student Loan Foundation Inc?
The Pheaa Student Loan Foundation Inc, established as a non-stock, nonprofit corporation under Pennsylvania's law of 1988, is committed to facilitating Student Loan securitization transactions. This organization, headquartered with undisclosed information, aims to contribute to the education sector by streamlining student loan processes in an ethical and efficient manner.
Is Pheaa Student Loan Foundation Inc legitimate?
Pheaa Student Loan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pheaa Student Loan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Pheaa Student Loan Foundation Inc?
The Pheaa Student Loan Foundation, a nonprofit organization, is dedicated to facilitating Student Loan securitization transactions. Established under Pennsylvania's nonprofit corporation law, its primary purpose is to manage and process student loans. By securitizing these loans, the Foundation aims to provide financial assistance for higher education, making it more accessible for students. The organization's objective is to help students meet their educational expenses and ease their financial burden. Additionally, it may offer support services or resources to ensure students can successfully repay their loans.
Who is the CEO of Pheaa Student Loan Foundation Inc?
William Walker is the President And Director of Pheaa Student Loan Foundation Inc.
What is the revenue of Pheaa Student Loan Foundation Inc?
Pheaa Student Loan Foundation Inc's revenue in 2023 was $104,214,880.
Who are the executives of Pheaa Student Loan Foundation Inc and what are their salaries?
- Nathaniel D Hench (President And Director)
- Kyle Lefever (Secretary And Director)
- William Walker (Treasurer And Director)
- Rebecca Howell (Director)
- Brian Hamilton End 0523 (Director)
- Jennifer Luce Start 0523 (Director)
Where can I find the form 990 for Pheaa Student Loan Foundation Inc?
The Pheaa Student Loan Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Pheaa Student Loan Foundation Inc
The Pheaa Student Loan Foundation, a Pennsylvania-based nonprofit organization, is dedicated to facilitating Student Loan securitization transactions. Established in 1988, the Foundation operates as a non-stock and nonprofit corporation, working to streamline the student loan process for various educational institutions and their students.
In simpler terms, the Pheaa Student Loan Foundation acts as an intermediary, bringing together student loan originators and investors in the securitization market. By pooling together student loans and selling them as securities, the Foundation provides a valuable service, enabling educational institutions to manage their student loan portfolios more effectively while offering investors an opportunity to participate in this asset class. The Foundation's mission is instrumental in ensuring accessible student financing, ultimately benefiting students and educational institutions alike.
Furthermore, the Pheaa Student Loan Foundation's activities contribute to the financial stability of the student loan market. Through its securitization transactions, the organization helps manage risk, improve liquidity, and enhance transparency in the student loan market. This stability is crucial for students and educational institutions, ensuring they have access to reliable and affordable student financing options when needed.
Impact
This information is meant to be a general summary of Pheaa Student Loan Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Pheaa Student Loan Foundation Inc focuses on carrying out student loan securitization transactions, providing valuable financial support to students pursuing their educational goals. Through its activities, the foundation plays a vital role in facilitating access to higher education by ensuring the availability of financial resources for those in need. This support contributes to the advancement of education and the empowerment of individuals to achieve their academic aspirations.
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.
STUDENT LOAN INTEREST
Revenue
$101,364,587
Organization Details
Founding Year
2002
Phone
(717) 720-2023
Principal Officer
William Walker
Main Address
1200 NORTH SEVENTH STREET, HARRISBURG, PA, 17102
NTEE Category
Code: B82 - Education
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