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← NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS

Form 990 for tax year 2022

Filed by NATIONAL ASSOCIATION OF STUDENT FINANCIAL AID ADMINISTRATORS.

Totals

Total revenue
$11,084,089
Total expenses
$9,935,657
Contributions and grants received
$944,511
Grants paid
$0
Program services expenses (Part IX)
$8,366,794
Management and general expenses
$1,568,863
Fundraising expenses
$0
Program service expenses (Part III)
$8,366,794

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JUSTIN DRAEGER

    PRESIDENT/CEO

    Total calculated
    $460,679
    From this org
    $390,770
    From related orgs
    $0
    Other
    $69,909
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,470
    Bonus
    $0
    Other
    $300
    Deferred
    $36,600
    Nontaxable benefits
    $33,309
    Filer's total
    $460,679
  • ELIZABETH MAGLIONE

    SECRETARY/EXECUTIVE VICE P

    Total calculated
    $199,158
    From this org
    $160,970
    From related orgs
    $0
    Other
    $38,188
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,548
    Bonus
    $5,049
    Other
    $373
    Deferred
    $20,575
    Nontaxable benefits
    $17,613
    Filer's total
    $199,158
  • MINDY ELINE

    VICE PRESIDENT

    Total calculated
    $184,540
    From this org
    $142,200
    From related orgs
    $0
    Other
    $42,340
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,468
    Bonus
    $4,743
    Other
    $989
    Deferred
    $19,328
    Nontaxable benefits
    $23,012
    Filer's total
    $184,540
  • ANTHONY ERWIN

    PRINCIPAL CONSULTANT

    Total calculated
    $203,504
    From this org
    $183,028
    From related orgs
    $0
    Other
    $20,476
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,167
    Bonus
    $1,530
    Other
    $331
    Deferred
    $17,939
    Nontaxable benefits
    $2,537
    Filer's total
    $203,504
  • DANA KELLY

    VICE PRESIDENT

    Total calculated
    $172,195
    From this org
    $137,406
    From related orgs
    $0
    Other
    $34,789
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,351
    Bonus
    $4,192
    Other
    $863
    Deferred
    $17,382
    Nontaxable benefits
    $17,407
    Filer's total
    $172,195
  • KAREN MCCARTHY

    VICE PRESIDENT

    Total calculated
    $165,695
    From this org
    $130,847
    From related orgs
    $0
    Other
    $34,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,334
    Bonus
    $4,050
    Other
    $463
    Deferred
    $16,404
    Nontaxable benefits
    $18,444
    Filer's total
    $165,695
  • TAMMY HARRISON

    SR. BUSINESS DEVELOPMENT MGR

    Total calculated
    $159,604
    From this org
    $130,686
    From related orgs
    $0
    Other
    $28,918
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,220
    Bonus
    $2,000
    Other
    $466
    Deferred
    $10,631
    Nontaxable benefits
    $18,287
    Filer's total
    $159,604

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
NASFAA PAID MERIT-BASED BONUSES TO ITS EMPLOYEES, INCLUDING THE PRESIDENT AND EXECUTIVE VICE PRESIDENT, WHO ARE LISTED ON PART VII DURING CALENDAR YEAR 2023. THESE AMOUNTS WERE NOT CONTINGENT ON THE EARNINGS OR REVENUE OF THE ORGANIZATION OR A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441359349304769

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