Iowa Student Loan Liquidity

WEST DES MOINES, IA EIN: 42-1137531 Website

TO HELP IOWA STUDENTS AND FAMILIES OBTAIN THE RESOURCES NECESSARY TO SUCCEED IN POSTSECONDARY EDUCATION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.6B

-6.5% YoY

Annual Giving

$685K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$685K

+0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32M$63M$95M$127M201920202021202220232024
Metric202420232022
Total Assets$1,629,996,277$1,743,077,766$1,901,708,317
Revenue$115,426,491$101,452,446$50,621,901
Expenses$107,991,674$103,486,049$63,703,769
Qualifying Distributions
Net Investment Income$11,732,920$6,072,510$252,661
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$191K$383K$574K$765K0 grants20190 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

IOWA COLLEGE ACCESS NETW…$685K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

STEVE MCCULLOUGHPRESIDENT AND CEO$485KERIN LACEYEVO AND TREASURER$302KCINDY BARTZCIO, PROJ MGMT SVP, & SECR$262KRON FORSEMANACCOUNTING & RISK MGMT VP$244KGREG NICHOLSSR. PUB AFFAIRS & COMM REL VP$224KMARC HENDELSR. RESEARCHER & DATA MGR$213KMARSHA BOENDERDIR, LENDER & SCHOOL SERV.$174KCHAD WINTERINFORMATION TECHNOLOGY MGR$168KSHAWN J SMITHLEAD DATABASE ADMINISTRATOR$165KKORY MICHAELTECH SERV & OPERATION MGR$155KCHRISTINE HENSLEYBOARD CHAIRPERSON$20KDANIEL CLUTEBOARD MEMBER$13KSCOTT SCHNEIDERMANNBOARD VICE CHAIRPERSON$12KADAM VOIGTSBOARD MEMBER$11KJIM SCHIPPERBOARD MEMBER$11KJULIE PINGELBOARD MEMBER$10KMARCIA ROGERSBOARD MEMBER$10KNANCY DUNKELBOARD MEMBER$10KROB DENSONBOARD MEMBER$9KJUAN GARCIABOARD MEMBER$5KSUZETTE RADKEBOARD MEMBER (START 7/2023)$5K

From 2024 filing

NameTitleHoursCompensation
CHRISTINE HENSLEYBOARD CHAIRPERSON1$20,015
DANIEL CLUTEBOARD MEMBER1$12,932
ADAM VOIGTSBOARD MEMBER1$11,452
JULIE PINGELBOARD MEMBER1$9,919
SCOTT SCHNEIDERMANNBOARD VICE CHAIRPERSON1$11,727
ROB DENSONBOARD MEMBER1$9,191
JIM SCHIPPERBOARD MEMBER1$11,213
MARCIA ROGERSBOARD MEMBER1$9,811
NANCY DUNKELBOARD MEMBER1$9,799
JUAN GARCIABOARD MEMBER1$4,844
SUZETTE RADKEBOARD MEMBER (START 7/2023)1$4,654
STEVE MCCULLOUGHPRESIDENT AND CEO40$484,788
ERIN LACEYEVO AND TREASURER40$302,388
CINDY BARTZCIO, PROJ MGMT SVP, & SECR40$261,898
GREG NICHOLSSR. PUB AFFAIRS & COMM REL VP40$224,125
RON FORSEMANACCOUNTING & RISK MGMT VP40$244,215
MARC HENDELSR. RESEARCHER & DATA MGR40$212,734
CHAD WINTERINFORMATION TECHNOLOGY MGR40$167,889
MARSHA BOENDERDIR, LENDER & SCHOOL SERV.40$174,132
KORY MICHAELTECH SERV & OPERATION MGR40$154,614
SHAWN J SMITHLEAD DATABASE ADMINISTRATOR40$164,682

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

HIAWATHA

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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