Civic Intelligence

Northstar Guarantee Inc

990 • Fiscal year 2014 • EIN 41-1689095

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 09, 2015

2401 International LaneSuiteMadison, WI 53704

(608) 246-1410

Siviq Scores

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

Liabilities / Assets

88th percentile

0.93x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

43.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$1,001,542

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 37.0% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

29th percentile

1.1%

Faster asset growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

11th percentile

-13%

Faster revenue growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Assets

Up

$127,112,346

Up $1,438,736 (+1.1%) from 2013

Net Assets

Up

$8,368,501

Up $1,491,262 (+22%) from 2013

Liabilities

Down

$118,743,845

Down $52,526 (-0.0%) from 2013

Revenue

Down

$2,706,503

Down $419,950 (-13%) from 2013

Expenses

Down

$1,215,241

Down $196,675 (-14%) from 2013

Net Income

Down

$1,491,262

Down $223,275 (-13%) from 2013

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $121,052,068Liabilities 2010: $119,521,714Net Assets 2010: $1,530,3542010Assets 2011: $122,228,143Liabilities 2011: $119,154,805Net Assets 2011: $3,073,3382011Assets 2012: $124,283,553Liabilities 2012: $119,120,851Net Assets 2012: $5,162,7022012Assets 2013: $125,673,610Liabilities 2013: $118,796,371Net Assets 2013: $6,877,2392013Assets 2014: $127,112,346Liabilities 2014: $118,743,845Net Assets 2014: $8,368,5012014Assets 2015: $128,514,880Liabilities 2015: $118,698,713Net Assets 2015: $9,816,1672015Assets 2016: $130,316,793Liabilities 2016: $118,769,931Net Assets 2016: $11,546,8622016Assets 2017: $132,432,017Liabilities 2017: $118,651,384Net Assets 2017: $13,780,6332017Assets 2018: $136,990,886Liabilities 2018: $118,526,739Net Assets 2018: $18,464,1472018Assets 2019: $5,031,694Liabilities 2019: $18,690Net Assets 2019: $5,013,0042019Assets 2020: $5,032,273Liabilities 2020: $18,285Net Assets 2020: $5,013,9882020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$127,112,346
Liabilities$118,743,845
Net Assets$8,368,501

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,350,6682010Expenses 2011: $1,517,6242011Expenses 2012: $1,624,6062012Revenue 2013: $3,126,453Expenses 2013: $1,411,916Net Income 2013: $1,714,5372013Revenue 2014: $2,706,503Expenses 2014: $1,215,241Net Income 2014: $1,491,2622014Revenue 2015: $2,404,566Expenses 2015: $939,060Net Income 2015: $1,465,5062015Revenue 2016: $2,997,220Expenses 2016: $1,284,365Net Income 2016: $1,712,8552016Revenue 2017: $3,336,977Expenses 2017: $912,483Net Income 2017: $2,424,4942017Revenue 2018: $5,398,692Expenses 2018: $725,037Net Income 2018: $4,673,6552018Revenue 2019: $1,053,350Expenses 2019: $72,874Net Income 2019: $980,4762019Revenue 2020: $23,168Expenses 2020: $56,046Net Income 2020: -$32,8782020Revenue 2021: $7,417Expenses 2021: $72,526Net Income 2021: -$65,1092021

Highlighted filing

2014

Revenue$2,706,503
Expenses$1,215,241
Net Income$1,491,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 9, 2015
Return Version
2014v5.0
Gross Receipts
$2,706,503
Mission and Program Overview

Mission

Northstar guarantee inc.'s mission is to foster, aid, encourage and assist in the pursuit of higher education. In particular, the corporation facilitates the broader availability of educational loans to students by, but not limited to, acting as a lender or an eligible lender (as provided under the federal higher education act of 1965, as amended) for such loans. This mission statement has been reviewed, acknowledged and informally approved by the board.

Northstar's exempt lending role is making and/or holding student loans to postsecondary education students and their parents in accordance with federal family education loan program

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$38,278,000$51,960,000▲ $13,682,000
Cash and Non-Interest-Bearing Accounts$1,617$1,459▼ $158
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$125,673,610$127,112,346▲ $1,438,736
Other Assets Total$87,393,993$75,150,887▼ $12,243,106
Liabilities
Other Liabilities$118,790,771$118,738,245▼ $52,526
Accounts Payable and Accrued Expenses$5,600$5,600→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$118,796,371$118,743,845▼ $52,526
Net Assets / Fund Balance
Unrestricted Net Assets$6,877,239$8,368,501▲ $1,491,262
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$6,877,239$8,368,501▲ $1,491,262
Total Liabilities and Net Assets / Fund Balance$125,673,610$127,112,346▲ $1,438,736

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$317,756--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Alex J Pollock 1Director$9,500$9,500$19,000
Janice Hesalroad 1Director$6,333$12,667$19,000
Richard A Weiss 1Director$6,333$12,667$19,000
Joan Prince 1Director$7,750$7,750$15,500
Linda Hoeschler 1Director$7,750$7,750$15,500

Board Members and Trustees

NameTitle
Richard D George 23Chairman/PRES/CEO/Treasurer
David J Hanson 14Director/Secretary
Nancy Seifert 3CFO/Asst Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,680,888
Investment Income
$25,615
Other Revenue
$0
Change in Net Assets
$1,491,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,177,575
Salaries, Compensation, and Employee Benefits$37,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$180,343$45,000-$180,343
Current Officers, Directors, Trustees, and Key Employees-$37,666-$37,666
Office Expenses$22,580--$22,580
Fees for Services Accounting-$5,600-$5,600
Fees for Services Legal-$5,167-$5,167
Payment Travel Entrtnmnt Publicly Ofcl-$4,464-$4,464
All Other Expenses-$25-$25
Total Functional Expenses$1,117,319$97,922$0$1,215,241
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Great Lakes Educational Loan SvcsContrl Ent/officer ovrlapServicing Fees Paid to GlelsiNo$180,237
Great Lakes Educational Loan SvcsContrl Ent/officer ovrlapIntercompany Reimb. to GlelsiNo$2,416

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lender Funding Contribution Tr$118,419,274
Interest Payable$241,304
Consolidated Loan Fee Payable$50,384
Servicing Fees Payable$13,677
Intercompany Payable$13,606
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 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
Yes
Management duties delegated
No

Governance Explanations

Part VI, Question 6 and 7A

Great Lakes Higher Education Corporation, a nonprofit 501(c)(3) corporation, is the sole member of Northstar Guarantee Inc. and has the authority to appoint the Northstar Guarantee Inc. board.

Part VI, Question 7B

Great Lakes Higher Education Corporation, a nonprofit 501(c)(3) corporation, as sole member of Northstar Guarantee Inc., has the authority provided by Wis. Stats. Chapter 181 to approve certain actions related to merger, conversion, sale of assets and dissolution.

Part VI, Question 11B

On an annual basis, the Chairman of the Board, President and CEO, the audit committee and board review the Form 990 prior to filing. The conflicts of interest questionnaires are completed by each Director and reviewed prior to filing the Form 990.

Part VI, Question 12C

Annually, Directors and Officers sign a Conflict of Interest document which discloses any conflicts. The signed documents are reviewed annually by the Chairman of the Board. If a disclosed conflict occurs, the individual abstains from discussion and voting on topics where a conflict of interest exists. All Directors, Officers and Employees are subject to the Human Resources Code of Ethics to maintain the highest ethical and legal standards of business conduct. Availability of Governing Documents, Conflict of Interest Policy, and Financial Statements to General Public: PART VI, QUESTION 19 Federal tax law does not require that such documents be made publicly available. Documents are available upon specific request.

PART VII, SECTION A, Line 1A

(1) Directors normally attend 3-4 board meetings and 3-4 committee meetings per year in addition to telephonic conferences and individual meetings with officers. Directors devote an average of 1 hour per week to their position(s). (2) Inside directors are not eligible for Board compensation. (3) Non-operating officer position not separately compensated. (4) Board compensation is applied to firm retainer for outside counsel services.

Filing and Contact Details

Filer

Filer Name
Northstar Guarantee Inc
EIN
41-1689095
In Care Of
% NANCY SEIFERT
Phone
6082461410
Address
2401 International Lane, Suite, Madison, WI 53704

Signing Officer

Name
Richard D George
Title
President & CEO
Signed
2015-09-09

Organization Details

Principal Officer
Richard D George
Formed
1990
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
111 MONUMENT CIRCLE SUITE 4000, INDIANAPOLIS, IN 46204
Preparer
Jennifer L Lynch
Phone
3176817000
Supplemental Narrative

Financial Statement Notes

Supplemental Information

Other liabilities-$118,419,274 Lender Funding Contribution Transfer Northstar Guarantee Inc.'s exempt lending role was utilized beginning in December 2008 through the making and/or holding of student loans to postsecondary education students and to their parents in accordance with the Federal Family Education Loan Program established by Title IV, Part B of the Federal Higher Education Act of 1965, as amended. The $118,419,274 represents the 2008-2010 Lender Funding Contribution Transfer from Great Lakes Higher Education Corporation (Related Entity).

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IRS990/MissionDesc0NORTHSTAR GUARANTEE INC.'S MISSION IS TO FOSTER, AID, ENCOURAGE AND ASSIST IN THE PURSUIT OF HIGHER EDUCATION. IN PARTICULAR, THE CORPORATION FACILITATES THE BROADER AVAILABILITY OF EDUCATIONAL LOANS TO STUDENTS BY, BUT NOT LIMITED TO, ACTING AS A LENDER OR AN ELIGIBLE LENDER (AS PROVIDED UNDER THE FEDERAL HIGHER EDUCATION ACT OF 1965, AS AMENDED) FOR SUCH LOANS. THIS MISSION STATEMENT HAS BEEN REVIEWED, ACKNOWLEDGED AND INFORMALLY APPROVED BY THE BOARD.
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt06877239
IRS990/NetAssetsOrFundBalancesEOYAmt08368501
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt022580
IRS990/OfficeExpensesGrp/TotalAmt022580
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt087393993
IRS990/OtherAssetsTotalGrp/EOYAmt075150887
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CORPORATE SUPPORT ALLOCATION
IRS990/OtherExpensesGrp/Desc1PROVISION - LENDER LOAN LOSS
IRS990/OtherExpensesGrp/Desc2CONSOLIDATED INT. REBATE FEE
IRS990/OtherExpensesGrp/Desc3SERVICING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045000
IRS990/OtherExpensesGrp/ProgramServicesAmt0269860
IRS990/OtherExpensesGrp/ProgramServicesAmt1644536
IRS990/OtherExpensesGrp/ProgramServicesAmt2180343
IRS990/OtherExpensesGrp/TotalAmt045000
IRS990/OtherExpensesGrp/TotalAmt1269860
IRS990/OtherExpensesGrp/TotalAmt2644536
IRS990/OtherExpensesGrp/TotalAmt3180343
IRS990/OtherLiabilitiesGrp/BOYAmt0118790771
IRS990/OtherLiabilitiesGrp/EOYAmt0118738245
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Richard D George
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02680888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02680888
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
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IRS990/PYInvestmentIncomeAmt020086
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt04464
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt04464
IRS990/PYOtherExpensesAmt01379100
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03106367
IRS990/PYRevenuesLessExpensesAmt01714537
IRS990/PYSalariesCompEmpBnftPaidAmt032816
IRS990/PYTotalExpensesAmt01411916
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03126453
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01491262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02680888
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038278000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051960000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt025615
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05312
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt025132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018646
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt094791
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02680888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03106367
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03708658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03035476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03294048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015825437
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt025615
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05312
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt025132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt094791
IRS990ScheduleA/InvestmentIncomeCYPct00.00595
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99405
IRS990ScheduleA/PublicSupportPY509Pct00.99499
IRS990ScheduleA/PublicSupportTotal509Amt015825437
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02680888
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03106367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03708658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03035476
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03294048
IRS990ScheduleA/Total509Grp/TotalAmt015825437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02706503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03126453
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03713970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03060608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03312694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015920228
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt073160219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11672912
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2317756
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0STUDENT LOANS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM SERVICER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1118419274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt250384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3241304
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt413677
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LENDER FUNDING CONTRIBUTION TR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSOLIDATED LOAN FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SERVICING FEES PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Other liabilities-$118,419,274 Lender Funding Contribution Transfer Northstar Guarantee Inc.'s exempt lending role was utilized beginning in December 2008 through the making and/or holding of student loans to postsecondary education students and to their parents in accordance with the Federal Family Education Loan Program established by Title IV, Part B of the Federal Higher Education Act of 1965, as amended. The $118,419,274 represents the 2008-2010 Lender Funding Contribution Transfer from Great Lakes Higher Education Corporation (Related Entity).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075150887
IRS990ScheduleD/TotalLiabilityAmt0118738245
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10

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