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NELLIE MAE EDUCATION FOUNDATION INC

EIN 04-2755323 QUINCY, MA

Revenue 2024
$40,949,471
Expenses 2024
$29,994,105

Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B120
Classification
1000
Street
1250 HANCOCK ST STE 701N

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).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • PRUDENCE CARTER

    DIRECTOR

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • PRABAL CHAKRABARTI

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • MISHONE DONELSON

    DIRECTOR

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • BETTY FRANCISCO

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • ELIZABETH HILPMAN

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • DEBRA HUMPHREYS

    DIRECTOR

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • JOHN JACKSON

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • DEBORAH JEWELL-SHERMAN

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • MAKEEBA MCCREARY

    DIRECTOR

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • ELSA NUNEZ

    DIRECTOR

    Total calculated
    $27,000
    From this org
    $27,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • COLLEEN QUINT

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • JOHN REMONDI

    DIRECTOR

    Total calculated
    $27,000
    From this org
    $27,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • WARREN SIMMONS

    DIRECTOR

    Total calculated
    $39,000
    From this org
    $39,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • DANIA VAZQUEZ

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • NICHOLAS WARREN

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • PAMELA WHITE

    CLERK

    Total calculated
    $8,112
    From this org
    $7,851
    From related orgs
    $0
    Other
    $261
    Hours/week
    40
  • DR GISELE SHORTER

    PRESIDENT & CEO

    Total calculated
    $686,322
    From this org
    $513,803
    From related orgs
    $0
    Other
    $172,519
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $513,272
    Bonus
    $0
    Other
    $531
    Deferred
    $156,205
    Nontaxable benefits
    $16,314
    Filer's total
    $686,322
  • ERIN BROUILLETTE

    CHIEF FINANCIAL OFFICER

    Total calculated
    $164,199
    From this org
    $135,245
    From related orgs
    $0
    Other
    $28,954
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,245
    Bonus
    $0
    Other
    $0
    Deferred
    $14,614
    Nontaxable benefits
    $14,340
    Filer's total
    $164,199
  • MICHAEL CAREY

    VP OF FINANCE (UNTIL JUNE 2024)

    Total calculated
    $347,663
    From this org
    $347,146
    From related orgs
    $0
    Other
    $517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $346,400
    Bonus
    $0
    Other
    $746
    Deferred
    $0
    Nontaxable benefits
    $517
    Filer's total
    $347,663
  • JESSICA SPOHN

    DIR. OF GRANTMAKING (UNTIL 1/19/24)

    Total calculated
    $279,098
    From this org
    $269,031
    From related orgs
    $0
    Other
    $10,067
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $47,635
    Bonus
    $0
    Other
    $221,396
    Deferred
    $7,659
    Nontaxable benefits
    $2,408
    Filer's total
    $279,098
  • MARCOS POPOVICH

    PROGRAM DIRECTOR, GRANTMAKING

    Total calculated
    $242,718
    From this org
    $182,378
    From related orgs
    $0
    Other
    $60,340
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,847
    Bonus
    $0
    Other
    $531
    Deferred
    $30,473
    Nontaxable benefits
    $29,867
    Filer's total
    $242,718
  • PAUL MARSH

    IT MANAGER

    Total calculated
    $207,009
    From this org
    $171,507
    From related orgs
    $0
    Other
    $35,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,985
    Bonus
    $0
    Other
    $1,522
    Deferred
    $24,079
    Nontaxable benefits
    $11,423
    Filer's total
    $207,009
  • STEPHANIE CHENEY

    SR MANAGER, GRANTS & PROGRAMS

    Total calculated
    $200,765
    From this org
    $147,567
    From related orgs
    $0
    Other
    $53,198
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,045
    Bonus
    $0
    Other
    $1,522
    Deferred
    $41,783
    Nontaxable benefits
    $11,415
    Filer's total
    $200,765
  • ALEXIS HAREWOOD

    SENIOR PROGRAM OFFICER

    Total calculated
    $158,098
    From this org
    $129,176
    From related orgs
    $0
    Other
    $28,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,864
    Bonus
    $0
    Other
    $312
    Deferred
    $18,669
    Nontaxable benefits
    $10,253
    Filer's total
    $158,098

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $40,949,471
    Expenses
    $29,994,105
    Contributions
    $0
    Grants paid
    $21,134,532
  • 2023
    Revenue
    $21,415,739
    Expenses
    $23,090,325
    Contributions
    $200,000
    Grants paid
    $14,645,178
  • 2022
    Revenue
    $23,248,571
    Expenses
    $26,327,764
    Contributions
    $700,000
    Grants paid
    $17,813,997

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

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. 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.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.