IOWA STUDENT LOAN LIQUIDITY CORP

As filed

Subsection

03

NTEE code

B820

Classification

1000

Street

6805 VISTA DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• IOWA STUDENT LOAN LIQUIDITY CORPORATION PROVIDES FUNDS FOR THE ACQUISITION AND SERVICING OF STUDENT LOANS UNDER THE U.S. HIGHER EDUCATION ACT OF 1965, AS AMENDED, AND OTHER NON-HIGHER EDUCATION ACT STUDENT LOAN PROGRAMS. AS OF JUNE 30, 2024, THE CORPORATION OWNED AND SERVICED LOANS TOTALING 173,825 WITH AN OUTSTANDING BALANCE OF $1,442,176,448.

  Expenses $103,229,202 · Grants $685,000 · Revenue $115,426,491

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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, and on a Form 990-PF Part VIII's — 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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $115,426,491

  Expenses

  $107,991,674

  Contributions

  $0

  Grants paid

  $685,000

• 2022

  Revenue

  $101,452,446

  Expenses

  $103,486,049

  Contributions

  $0

  Grants paid

  $685,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $50,621,901

  Expenses

  $63,703,769

  Assets (EOY)

  $1,901,708,317

• 2020 · 990

  Revenue

  $45,688,659

  Expenses

  $60,719,227

  Assets (EOY)

  $1,230,053,718

• 2019 · 990

  Revenue

  $64,909,561

  Expenses

  $79,151,403

  Assets (EOY)

  $1,307,508,535

• 2018 · 990

  Revenue

  $72,469,069

  Expenses

  $87,375,106

  Assets (EOY)

  $1,332,262,692

• 2017 · 990

  Revenue

  $67,762,446

  Expenses

  $84,212,086

  Assets (EOY)

  $1,544,042,175

• 2016 · 990

  Revenue

  $59,678,226

  Expenses

  $76,208,600

  Assets (EOY)

  $1,631,488,541

• 2015 · 990

  Revenue

  $61,713,351

  Expenses

  $71,136,752

  Assets (EOY)

  $1,607,297,697

• 2014 · 990

  Revenue

  $62,660,643

  Expenses

  $71,696,747

  Assets (EOY)

  $1,800,822,531

• 2013 · 990

  Revenue

  $69,110,846

  Expenses

  $70,514,129

  Assets (EOY)

  $1,975,995,101

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $93,030,857

  Assets (EOY)

  $2,195,691,978

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• IOWA COLLEGE ACCESS NETWORK

  $685,000

  2023 · GENERAL SUPPORT

• IOWA COLLEGE ACCESS NETWORK

  $685,000

  2022 · GENERAL SUPPORT

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files