Overview
What is Loan Repayment Assistance Foundation?
Loan Repayment Assistance Foundation, also known as Ardeo Education Foundation, is a nonprofit organization situated in Bloomington, Indiana. Their primary mission is to support and facilitate loan repayment assistance programs for students attending their preferred colleges. This organization receives and manages funds to promote and execute these programs, and they also engage in fundraising efforts for these initiatives. Furthermore, they collaborate with other charitable organizations to carry out similar activities, aiming to alleviate the financial burden of student loans.
Is Loan Repayment Assistance Foundation legitimate?
Loan Repayment Assistance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loan Repayment Assistance Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Loan Repayment Assistance Foundation
The Loan Repayment Assistance Foundation's primary objective is to serve a crucial role in promoting and facilitating loan repayment assistance programs for students. This organization strives to collect and manage funds dedicated to these programs, with an additional focus on raising further funds for these initiatives. Furthermore, the Foundation extends its support to other charitable organizations, aiding them in executing similar activities. In essence, the Loan Repayment Assistance Foundation's mission is to empower students by offering them the opportunity to enroll in loan repayment assistance programs at their preferred institutions of higher learning.
Impact
This information is meant to be a general summary of Loan Repayment Assistance Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Loan Repayment Assistance Foundation has had a significant impact on students by enabling their enrollment into loan repayment assistance programs at their chosen colleges. This has helped alleviate financial burdens and empowered students to pursue their educational goals without as much worry about debt. By raising funds and collaborating with other charitable organizations, the foundation has extended its reach and made a tangible difference in supporting education.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Repayment Assistance
Revenue
$947,480
Organization Details
Founding Year
2008
Phone
(812) 822-0815
Principal Officer
Carroll Stevens
Main Address
101 W Kirkwood Ave, Bloomington, IN, 47404
NTEE Category
Code: B82 - Education
If you are a representative of Loan Repayment Assistance Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.