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Dartmouth Educational Loan Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020362923 ✦ Hanover, NH ✦ Designated as a 501(c)(3)

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Overview

What is Dartmouth Educational Loan Corporation?

Dartmouth Educational Loan Corporation, located at 7 Lebanon Street 302, Hanover, New Hampshire 03755, is a nonprofit organization that dedicates its resources solely to providing financial aid in the form of loans and scholarships for qualified students attending Dartmouth College and its professional schools. In the fiscal year 2022, they extended a total of $1,190,130 in loans to 24 students, helping them finance their educational expenses. The Corporation's mission is to alleviate financial burdens and ensure accessibility to higher education for deserving students.

Is Dartmouth Educational Loan Corporation legitimate?

Dartmouth Educational Loan Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dartmouth Educational Loan Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dartmouth Educational Loan Corporation?

The Dartmouth Educational Loan Corporation exists with a primary objective to offer loans and scholarships to deserving students enrolled at Dartmouth College and its professional schools. This financial aid is aimed at assisting these students in managing their educational expenses. In the fiscal year 2022, the corporation extended loans amounting to $1,190,130 to 24 students. The mission of the corporation is to alleviate the financial burden of education for these students, thereby enabling them to pursue their academic goals.

What is the revenue of Dartmouth Educational Loan Corporation?

Dartmouth Educational Loan Corporation's revenue in 2022 was $769,004.

Who are the executives of Dartmouth Educational Loan Corporation and what are their salaries?

Here are 7 key members and their salaries:


Diane Bonin (Member/Vice President)
  • Compensation: $0
  • Related: $111,815
  • Other: $17,238
Dianne Ingalls (Member/Secretary)
  • Compensation: $0
  • Related: $272,837
  • Other: $30,042
Gordon Koff (Member/Vice President)
  • Compensation: $0
  • Related: $190,245
  • Other: $16,513
Michael Wagner (Member/President (Through August 2021))
  • Compensation: $0
  • Related: $376,340
  • Other: $38,666
Richard Mills (Member/President (From October 2021))
  • Compensation: $0
  • Related: $756,750
  • Other: $34,456
Robert Scott Frew (Member/Treasurer)
  • Compensation: $0
  • Related: $250,010
  • Other: $30,385
Kathryn Page (Executive Director)
  • Compensation: $0
  • Related: $125,248
  • Other: $20,288
Where can I find the form 990 for Dartmouth Educational Loan Corporation?

Dartmouth Educational Loan Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dartmouth Educational Loan Corporation

Dartmouth Educational Loan Corporation, as its mission statement suggests, is primarily dedicated to extending financial aid in the form of loans and scholarships to deserving students enrolled at Dartmouth College and its professional schools. The Corporation's primary objective is to assist these students in managing their educational expenses, thereby enabling them to pursue their academic journeys without financial constraints. In the fiscal year 2022, the Corporation disbursed a total of $1,190,130 in loans to 24 students, demonstrating its commitment to its mission.

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Impact




October, 2024

Dartmouth Educational Loan Corporation significantly contributes to the financial well-being of students at Dartmouth College and its professional schools. By providing essential loans and scholarships, the Corporation helps ease the burden of educational costs, making higher education more accessible. In fiscal year 2022 alone, it granted $1,190,130 in loans to 24 students, directly impacting their ability to pursue academic and professional goals without the overwhelming stress of financial constraints. This support fosters an environment where students can focus on their studies and personal development, ultimately enhancing the educational experience at Dartmouth.




This information is meant to be a general summary of Dartmouth Educational Loan Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$769,004 (2022)
Expenses
$1,198,574 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $665,196
  • Program Service Revenue: $103,808
  • Gross Receipts: $769,004

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest on student loans
0

Revenue

$103,808

Organization Details

Founding Year

1982

NTEE Category

Code: B820 - Education

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