Civic Intelligence

Connecticut Student Loan Foundation C/O Education Solution Partners LLC

990 • Fiscal year 2020 • EIN 06-0812178

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 23, 2020

Organization ProfileWWW.CSLF.ORG
10 Columbus Blvd 7th FloorHartford, CT 06106-1978

(860) 761-8418

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.86x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

17.71x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

22nd percentile

$273,469

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

3rd percentile

-14%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$167,603,066

Down $26,188,874 (-14%) from 2019

Net Assets

Up

$23,076,440

Up $1,320,661 (+6.1%) from 2019

Liabilities

Down

$144,526,626

Down $27,509,535 (-16%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin76th percentile

Revenue

Down

$8,163,038

Down $2,598,678 (-24%) from 2019

Expenses

Down

$6,842,377

Down $6,154,251 (-47%) from 2019

Net Income

Up

$1,320,661

Up $3,555,573 (+159%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $735,662,956Liabilities 2010: $709,316,362Net Assets 2010: $26,346,5942010Assets 2011: $677,843,238Liabilities 2011: $641,609,650Net Assets 2011: $36,233,5882011Assets 2012: $573,720,886Liabilities 2012: $528,380,812Net Assets 2012: $45,340,0742012Assets 2013: $470,212,615Liabilities 2013: $419,117,704Net Assets 2013: $51,094,9112013Assets 2014: $409,029,802Liabilities 2014: $375,525,934Net Assets 2014: $33,503,8682014Assets 2015: $347,571,647Liabilities 2015: $315,535,994Net Assets 2015: $32,035,6532015Assets 2016: $301,107,790Liabilities 2016: $275,882,155Net Assets 2016: $25,225,6352016Assets 2017: $258,718,720Liabilities 2017: $232,905,438Net Assets 2017: $25,813,2822017Assets 2018: $226,083,873Liabilities 2018: $202,093,182Net Assets 2018: $23,990,6912018Assets 2019: $193,791,940Liabilities 2019: $172,036,161Net Assets 2019: $21,755,7792019Assets 2020: $167,603,066Liabilities 2020: $144,526,626Net Assets 2020: $23,076,4402020Assets 2021: $146,981,907Liabilities 2021: $122,780,174Net Assets 2021: $24,201,7332021Assets 2022: $126,010,687Liabilities 2022: $103,025,996Net Assets 2022: $22,984,6912022Assets 2023: $96,313,464Liabilities 2023: $76,707,832Net Assets 2023: $19,605,6322023Assets 2024: $76,625,198Liabilities 2024: $55,744,963Net Assets 2024: $20,880,2352024Assets 2025: $57,846,276Liabilities 2025: $36,513,553Net Assets 2025: $21,332,7232025

Highlighted filing

2020

Assets$167,603,066
Liabilities$144,526,626
Net Assets$23,076,440
Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $32,916,1402010Expenses 2011: $17,912,5572011Expenses 2012: $17,236,8812012Revenue 2013: $20,078,319Expenses 2013: $13,561,094Net Income 2013: $6,517,2252013Revenue 2014: $17,382,821Expenses 2014: $34,963,616Net Income 2014: -$17,580,7952014Revenue 2015: $9,407,525Expenses 2015: $10,875,740Net Income 2015: -$1,468,2152015Revenue 2016: $10,953,862Expenses 2016: $17,763,880Net Income 2016: -$6,810,0182016Revenue 2017: $10,448,692Expenses 2017: $9,861,045Net Income 2017: $587,6472017Revenue 2018: $10,778,706Expenses 2018: $12,601,297Net Income 2018: -$1,822,5912018Revenue 2019: $10,761,716Expenses 2019: $12,996,628Net Income 2019: -$2,234,9122019Revenue 2020: $8,163,038Expenses 2020: $6,842,377Net Income 2020: $1,320,6612020Revenue 2021: $5,152,125Expenses 2021: $4,026,832Net Income 2021: $1,125,2932021Revenue 2022: $4,816,146Expenses 2022: $6,033,188Net Income 2022: -$1,217,0422022Revenue 2023: $6,578,182Expenses 2023: $9,957,241Net Income 2023: -$3,379,0592023Revenue 2024: $7,439,089Expenses 2024: $6,164,486Net Income 2024: $1,274,6032024Revenue 2025: $4,517,130Expenses 2025: $4,064,642Net Income 2025: $452,4882025

Highlighted filing

2020

Revenue$8,163,038
Expenses$6,842,377
Net Income$1,320,661
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 23, 2020
Return Version
2019v5.1
Gross Receipts
$8,163,038
Mission and Program Overview

Mission

To improve educational opportunity and promote repayment of loans including providing appropriate services incident to the administration of programs which are established to improve educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$181,143,820$153,948,382▼ $27,195,438
Cap Stk Tr Prin Current Funds$19,431,907$19,431,907→ $0
Other Notes and Loans Receivable, Net$5,828,261$7,184,552▲ $1,356,291
Savings and Temporary Cash Investments$6,397,728$5,781,855▼ $615,873
Rtn Earn Endowment Incm Other Fnds$2,323,872$3,644,533▲ $1,320,661
Cash and Non-Interest-Bearing Accounts$404,046$687,342▲ $283,296
Prepaid Expenses and Deferred Charges$585$935▲ $350
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$193,791,940$167,603,066▼ $26,188,874
Other Assets Total$17,500$0▼ $17,500
Liabilities
Other Liabilities$171,947,838$144,393,097▼ $27,554,741
Accounts Payable and Accrued Expenses$88,323$133,529▲ $45,206
Total Liabilities$172,036,161$144,526,626▼ $27,509,535
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,755,779$23,076,440▲ $1,320,661
Total Liabilities and Net Assets / Fund Balance$193,791,940$167,603,066▼ $26,188,874

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$153,948,382--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Dr Peter W LisiChairman
Julie SavinoVice Chairman
Andrew FosterDirector
Benjamin BarnesDirector
Martin BuddDirector
Sheree MailhotDirector
Steven KitowiczDirector
Jeanette W WeldonExecutive Director
Cynthia D Peoples-hobsonManaging Director
Michael F MorrisManaging Director
Joanne MackewiczController
Denise E AguileraGeneral Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Edfinancial Services LLCLoan Servicer298 NORTH SEVEN OAKS DRIVE, Knoxville, TN 37922$648,442
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,074,445
Investment Income
$88,593
Other Revenue
$0
Change in Net Assets
$1,320,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,342,377
Grants and Similar Amounts Paid$500,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,125,838--$4,125,838
Grants to Domestic Orgs$500,000--$500,000
Fees for Services Management-$106,994-$106,994
Other Expenses$79,000--$79,000
Fees for Service Investment Mgmnt Fees-$50,000-$50,000
Fees for Services Accounting-$36,350-$36,350
Insurance-$30,404-$30,404
Office Expenses$20,029--$20,029
Information Technology$7,413--$7,413
All Other Expenses$3,134--$3,134
Conferences and Meetings$290--$290
Total Functional Expenses$6,618,629$223,748$0$6,842,377
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ct Higher Education Supplemental Loan AuthorityHartford, CT170(c)(1)Scholarships$500,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$143,570,572
Due to Doe$665,830
Interest Payable$87,845
Other Payables$68,850
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Cslf contracted administration to goal structured solutions.”

Form 990, Part VI, Section A, Line 7A

“Cslf board members are appointed by statute or designated by the chefa board. Certain statuatory board members are eligible to designate another individual to fill their position.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the board of directors prior to filing the return.”

Form 990, Part VI, Section B, Line 12C

“The cslf board of directors receives annual ethics training and the directors and authorized officers file an annual statement of financial interests with the state of connecticut office of state ethics.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Connecticut Student Loan Foundation
EIN
06-0812178
Phone
8607618418
Address
10 COLUMBUS BLVD 7TH FLOOR, HARTFORD, CT 06106-1978

Signing Officer

Name
Jeanette Weldon
Title
Executive Director
Phone
8607618418
Signed
2020-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanette Weldon
Formed
1967
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Lori Rothe Yokobosky CPA
Phone
9592007000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There have been no changes made to the organization's oversight or selection process during the tax year.”

Raw XML AppendixShowing 400 of 621 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE EDUCATIONAL OPPORTUNITY AND PROMOTE REPAYMENT OF LOANS INCLUDING PROVIDING APPROPRIATE SERVICES INCIDENT TO THE ADMINISTRATION OF PROGRAMS WHICH ARE ESTABLISHED TO IMPROVE EDUCATIONAL OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021755779
IRS990/NetAssetsOrFundBalancesEOYAmt023076440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt020029
IRS990/OfficeExpensesGrp/TotalAmt020029
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017500
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSOLIDATION FEE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICE FEE
IRS990/OtherExpensesGrp/Desc2DEBT ISSUE COST
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt01128907
IRS990/OtherExpensesGrp/ProgramServicesAmt1648442
IRS990/OtherExpensesGrp/ProgramServicesAmt2105576
IRS990/OtherExpensesGrp/ProgramServicesAmt379000
IRS990/OtherExpensesGrp/TotalAmt01128907
IRS990/OtherExpensesGrp/TotalAmt1648442
IRS990/OtherExpensesGrp/TotalAmt2105576
IRS990/OtherExpensesGrp/TotalAmt379000
IRS990/OtherLiabilitiesGrp/BOYAmt0171947838
IRS990/OtherLiabilitiesGrp/EOYAmt0144393097
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05828261
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07184552
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0585
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0935
IRS990/PrincipalOfficerNm0JEANETTE WELDON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN PORTFOLIO INTERES
IRS990/ProgramServiceRevenueGrp/Desc1LATE FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NOT FOR PROFIT SERVICI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07865575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1156370
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt252500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07865575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1156370
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt252500
IRS990/ProgSrvcAccomActy2Grp/Desc0CONTRIBUTIONS TO CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY (CHESLA) IN SUPPORT OF PROGRAMS TO IMPROVE EDUCATIONAL OPPORTUNITIES BY PROVIDING SCHOLARSHIPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0500000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0500000
IRS990/ProgSrvcAccomActy3Grp/Desc0ADMINISTRATIVE AGENT FEE AND INCIDENTAL EXPENSES ASSOCIATED WITH MANAGEMENT OF THE NOT FOR PROFIT SERVICING CONTRACT.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt052500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03500000
IRS990/PYInvestmentIncomeAmt0148859
IRS990/PYOtherExpensesAmt09496628
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt010612857
IRS990/PYRevenuesLessExpensesAmt0-2234912
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt012996628
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010761716
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01320661
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt08021945
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02323872
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03644533
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06397728
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05781855
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE -
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt088593
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0148859
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt097196
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt036662
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028858
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0400168
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08074445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010612857
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010681510
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010351752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010925004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt050645568
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt088593
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0148859
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt097196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036662
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0400168
IRS990ScheduleA/InvestmentIncomeCYPct00.00780
IRS990ScheduleA/InvestmentIncomePYPct00.00640
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99220
IRS990ScheduleA/PublicSupportPY509Pct00.99360
IRS990ScheduleA/PublicSupportTotal509Amt050645568
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08074445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010612857
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010681510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010351752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010925004
IRS990ScheduleA/Total509Grp/TotalAmt050645568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08163038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010761716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010778706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010388414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010953862
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt051045736
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0153948382
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0STUDENT LOAN PORTFOLIO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0143570572
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt168850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt287845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3665830
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO DOE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0153948382
IRS990ScheduleD/TotalLiabilityAmt0144393097
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(C)(1)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CT HIGHER EDUCATION SUPPLEMENTAL LOAN AUTHORITY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010 COLUMBUS BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HARTFORD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd006106
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AS THE BOARDS OF THE REPORTING AND RECEIVING ORGANIZATIONS ARE THE SAME, THE BOARD MONITORS THE USE OF FUNDS FOR THEIR INTENDED PURPOSES ON A ROUTINE BASIS THROUGH ATTENDANCE AT CHESLA BOARD MEETINGS AND REVIEW OF CHESLA'S FINANCIAL REPORTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$167,603,066
Liabilities
$144,526,626
Net assets
$23,076,440
Revenue
$8,163,038
Expenses
$6,842,377
Net income
$1,320,661
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$57.8$36.5$21.3$4.52$4.06$0.45
2024Detailed filing. Detailed filing data is available for this year.$76.6$55.7$20.9$7.44$6.16$1.27
2023Detailed filing. Detailed filing data is available for this year.$96.3$76.7$19.6$6.58$9.96$3.38
2022Detailed filing. Detailed filing data is available for this year.$126$103$23.0$4.82$6.03$1.22
2021Detailed filing. Detailed filing data is available for this year.$147$123$24.2$5.15$4.03$1.13
2020Detailed filing. Detailed filing data is available for this year.$168$145$23.1$8.16$6.84$1.32
2019Detailed filing. Detailed filing data is available for this year.$194$172$21.8$10.8$13.0$2.23
2018Detailed filing. Detailed filing data is available for this year.$226$202$24.0$10.8$12.6$1.82
2017Detailed filing. Detailed filing data is available for this year.$259$233$25.8$10.4$9.86$0.59
2016Detailed filing. Detailed filing data is available for this year.$301$276$25.2$11.0$17.8$6.81
2015Summary only. Only limited summary data is available for this year.$348$316$32.0$9.41$10.9$1.47
2014Detailed filing. Detailed filing data is available for this year.$409$376$33.5$17.4$35.0$17.6
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$470$419$51.1$20.1$13.6$6.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$574$528$45.3$17.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$678$642$36.2$17.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$736$709$26.3$32.9