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National Student Clearinghouse

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

EIN: 521836384 ✦ Herndon, VA ✦ Designated as a 501(c)(4)

Overview

What is National Student Clearinghouse?

The National Student Clearinghouse is a nonprofit organization headquartered in Herndon, Virginia. With a team of 396 employees, they serve the education and workforce communities by providing a centralized, secure data exchange platform among participating post-secondary institutions. This platform enables the transfer and access to academic data for over 5.8 million transcripts ordered from students for purposes such as enrollment applications to other post-secondary institutions, employment, and admissions. The mission of the National Student Clearinghouse is to deliver trusted data, related services, and insights to all learners.


Official website here: www.studentclearinghouse.org

Is National Student Clearinghouse legitimate?

National Student Clearinghouse is a legitimate nonprofit organization registered as a 501(c)(4) entity. National Student Clearinghouse 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,324,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,661,693

For more financial information, click here


Official website here: www.studentclearinghouse.org

What is the mission statement of National Student Clearinghouse?

The National Student Clearinghouse serves the education and workforce communities by providing trusted data, related services, and insights. Its mission is to facilitate secure and confidential academic data exchange among participating educational institutions. The Clearinghouse offers a central platform for the transfer and access of authentic academic data between institutions. This service benefits post-secondary institutions by enabling them to process over 5.8 million transcript orders annually for their students. These transcripts are sent to other educational institutions for student enrollment applications, employers for employment considerations, and admission officers for their institutional needs. By eliminating fraud and preserving the integrity of the education system, the National Student Clearinghouse plays a crucial role in supporting the educational and employment journeys of learners.


Official website here: www.studentclearinghouse.org

Who is the CEO of National Student Clearinghouse?

Ricardo Torres is the Principal Officer of National Student Clearinghouse. The CEO's salary of National Student Clearinghouse is $798,887 and their total compensation is $1,054,473.


Official website here: www.studentclearinghouse.org

What is the revenue of National Student Clearinghouse?

National Student Clearinghouse's revenue in 2022 was $97,727,893.


Official website here: www.studentclearinghouse.org

Who are the executives of National Student Clearinghouse and what are their salaries?

The average compensation at National Student Clearinghouse during 2022 was $98,451. There are 396 employees and 15 volunteers at National Student Clearinghouse.

Here are 30 key members and their salaries (National Student Clearinghouse's CEO's salary is $798,887 and their total compensation is $1,054,473):

    Ricardo D Torres (President And Ceo)
  • Compensation: $798,887
  • Related: $0
  • Other: $255,586

    • Lawrence Hatch (Vp, Industry & Workforce Serv)
  • Compensation: $576,676
  • Related: $0
  • Other: $55,996

    • Christine Cole (Director, Sales & Bus. Development)
  • Compensation: $437,855
  • Related: $0
  • Other: $55,052

    • Jose Carreras (Vp, Education Solutions)
  • Compensation: $395,345
  • Related: $0
  • Other: $46,791

    • Michael Ketcham (Vp & Chief Fin Ofc, Treasurer)
  • Compensation: $401,319
  • Related: $0
  • Other: $30,031

    • Mary Chapin (Vp & Chief Legal Ofc, Corp Sec)
  • Compensation: $385,192
  • Related: $0
  • Other: $28,784

    • Douglas Falk (Vp & Chief Information Officer)
  • Compensation: $367,434
  • Related: $0
  • Other: $32,644

    • Bridget Sedlock (Chief People Officer)
  • Compensation: $369,610
  • Related: $0
  • Other: $28,341

    • George Levathes (Vp, Compliance & Education)
  • Compensation: $329,287
  • Related: $0
  • Other: $49,391

    • Roberta Hyland (Chief Data Officer)
  • Compensation: $332,893
  • Related: $0
  • Other: $38,967

    • John Ramsey (Exec Dir Ciso)
  • Compensation: $301,630
  • Related: $0
  • Other: $45,619

    • Dr Douglas Shapiro (Executive Research Director)
  • Compensation: $315,573
  • Related: $0
  • Other: $25,344

    • Thomas Burke (Senior Director, It)
  • Compensation: $269,891
  • Related: $0
  • Other: $48,261

    • David G Landry (Executive Director & Chief Tec)
  • Compensation: $273,769
  • Related: $0
  • Other: $30,443

    • Vanessa Brown (Executive Dir. Deputy Chief Data Off.)
  • Compensation: $280,442
  • Related: $0
  • Other: $20,455

    • Mr Vincent Grimard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Mary Kennard-Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Patrick Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Paul Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Anne Bryant (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Debra Chromy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael Collins (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Barbara Brittingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Kathleen Mcneely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr A Hope Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Van Ton-Quinlivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Carissa Moffat Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Sharon Morrisey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack E Daniels Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.studentclearinghouse.org

    Where can I find the form 990 for National Student Clearinghouse?

    The National Student Clearinghouse’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.studentclearinghouse.org

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

    Mission Statement of National Student Clearinghouse

    The National Student Clearinghouse, a vital organization in the education and workforce communities, is committed to serving its members with trusted data, related services, and insights. Its mission lies in facilitating secure and confidential academic data exchange among participating educational institutions. By acting as an intermediary, the National Student Clearinghouse enables institutions to transfer and access authentic academic data efficiently.

    Through its education data exchange services, the Clearinghouse plays a pivotal role in streamlining the process for post-secondary institutions. It provides a centralized platform for the secure exchange of academic records, ensuring the integrity of the education system and eliminating fraud. One of its key offerings is a transcript ordering platform, accessible to all participating institutions. This platform processed over 5.8 million transcript orders in 2021, with the records being used for various purposes, such as student enrollment applications at other institutions and employment verification.

    By offering a convenient and efficient solution for accessing academic records, the National Student Clearinghouse supports the transition of students to higher education and employment opportunities. It empowers institutions to make informed decisions based on accurate and up-to-date academic information. Furthermore, the organization helps preserve the integrity of the education system by reducing fraud, ensuring that only legitimate records are used for applications and employment purposes.

    Impact

    This information is meant to be a general summary of National Student Clearinghouse. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    National Student Clearinghouse plays a crucial role in the education sector by providing a central, authenticated data exchange platform for participating institutions. This platform enables secure and confidential transfer and access to academic data, including transcript ordering services. By processing millions of transcript orders each year, National Student Clearinghouse facilitates the seamless transition of students between educational institutions and into the workforce, while also maintaining the integrity of the education system by combating fraud. Overall, the organization's impact is evident in its commitment to serving education and workforce communities with trusted data, services, and insights.





    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: $1,043,335
  • Program Service Revenue: $94,675,617
  • Gross Receipts: $104,293,609

    • Assets and Liabilities:
  • Total Assets: $80,865,874
  • Total Liabilities: $35,213,213
  • Net Assets: $45,652,661
  • Programs

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

    DEGREE VERIFICATION SERVICES

    Revenue

    $60,925,504

    EDUCATION DATA EXCHANGE SERVICES

    Revenue

    $20,334,283

    RESEARCH SERVICES

    Revenue

    $11,387,521

    ENROLLMENT VERIFICATION SERVICES

    Revenue

    $1,514,578

    ENROLLMENT REPORTING SERVICES

    Revenue

    $513,731

    Organization Details

    Founding Year

    1993

    Principal Officer

    Ricardo Torres

    Main Address

    2300 DULLES STATION BLVD 220, HERNDON, VA, 201716350

    NTEE Category

    Code: B90 - Education

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