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Northstar Guarantee Inc

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

EIN: 411689095 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Northstar Guarantee Inc?

Northstar Guarantee Inc is a nonprofit organization located at 38 Buttonwood Court, Madison, Wisconsin 53718. Their primary role is to facilitate student loans for postsecondary education students and their parents, following the guidelines of the Federal Family Education Loan Program as outlined in Title IV, Part B of the Federal Higher Education Act of 1965. This program aims to broaden the availability of educational loans, acting as a lender or an eligible lender when necessary. Northstar Guarantee Inc's mission is to support and encourage higher education, fostering an environment that enables students to pursue their academic goals.


Official website here: www.ascendiumeducation.org

Is Northstar Guarantee Inc legitimate?

Northstar Guarantee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northstar Guarantee Inc 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: $48,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ascendiumeducation.org

What is the mission statement of Northstar Guarantee Inc?

Northstar Guarantee Inc's mission is centered around fostering and supporting higher education. They aim to broaden the availability of educational loans for students by acting as a lender or an eligible lender, in accordance with the Federal Higher Education Act of 1965. The corporation's mission is to assist students in pursuing their higher education, which has been formally acknowledged and approved by their board. Northstar Guarantee Inc. strives to make student loans more accessible, contributing to the overall goal of expanding educational opportunities.


Official website here: www.ascendiumeducation.org

Who is the CEO of Northstar Guarantee Inc?

Richard D George is the Principal Officer of Northstar Guarantee Inc. The CEO's salary of Northstar Guarantee Inc is $0 and their total compensation is $564,463.


Official website here: www.ascendiumeducation.org

What is the revenue of Northstar Guarantee Inc?

Northstar Guarantee Inc's revenue in 2021 was $7,417.


Official website here: www.ascendiumeducation.org

Who are the executives of Northstar Guarantee Inc and what are their salaries?


Here are 13 key members and their salaries (Northstar Guarantee Inc's CEO's salary is $0 and their total compensation is $564,463):


Richard D George 23 (Chairman & Treasurer)
  • Compensation: $0
  • Related: $848,776
  • Other: $51,154
Jeff Crosby 3 (President & Ceo)
  • Compensation: $0
  • Related: $521,604
  • Other: $42,859
Hope Merry 3 (Chief Financial Officer)
  • Compensation: $0
  • Related: $399,568
  • Other: $46,048
Rebecca Rapp 3 (Gen Cnsl, Chief Priv Ofc, & As)
  • Compensation: $0
  • Related: $286,780
  • Other: $40,924
Brett Lindquist 3 (Vp-Strategic Communication)
  • Compensation: $0
  • Related: $272,710
  • Other: $50,231
Maureen Harrill Veness 3 (Vp - Human Resources)
  • Compensation: $0
  • Related: $219,332
  • Other: $39,420
Brian Kobishop 3 (Vp - It/Sec/Logi (Until 11/15))
  • Compensation: $0
  • Related: $168,766
  • Other: $9,323
Roger Ervin 1 (Director)
  • Compensation: $11,400
  • Related: $11,400
  • Other: $0
Richard A Weiss 1 (Director)
  • Compensation: $7,600
  • Related: $15,200
  • Other: $0
Mary Burke 1 (Director)
  • Compensation: $6,200
  • Related: $12,400
  • Other: $0
David J Hanson 1 (Director/Secretary)
  • Compensation: $6,200
  • Related: $12,400
  • Other: $0
Joan Prince 1 (Director)
  • Compensation: $9,300
  • Related: $9,300
  • Other: $0
Linda Hoeschler 1 (Director)
  • Compensation: $8,250
  • Related: $8,250
  • Other: $0


Official website here: www.ascendiumeducation.org

Where can I find the form 990 for Northstar Guarantee Inc?

Northstar Guarantee Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.ascendiumeducation.org

Learn more at the official website: www.ascendiumeducation.org

Mission Statement of Northstar Guarantee Inc

Northstar Guarantee Inc, as a non-profit organization, is dedicated to promoting and facilitating higher education opportunities. The corporation plays a significant role in expanding the accessibility of educational loans for students, acting either as a lender or an eligible lender, in accordance with the Federal Family Education Loan Program. Northstar Guarantee Inc's mission is to foster, aid, encourage, and assist students in their pursuit of higher education. By doing so, the organization contributes to broadening the availability of educational loans, thereby enabling more students to pursue their educational goals. This mission has been formally acknowledged and approved by the organization's board.

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Impact




October, 2024

Northstar Guarantee Inc plays a significant role in facilitating access to higher education through its involvement in the Federal Family Education Loan Program. By making and holding student loans, the organization ensures that postsecondary education is accessible to students and their parents, thereby aiding in the pursuit of higher education.

Their mission focuses on increasing the availability of educational loans, thereby supporting students from various backgrounds in achieving their academic goals. By acting as a lender or eligible lender, Northstar Guarantee Inc helps to bridge the financial gap that often deters prospective students from enrolling in or completing their education.

This impact extends beyond individual borrowers; by fostering a more educated workforce, Northstar contributes to the overall economic development of communities and the nation. Their efforts not only promote personal advancement but also create a larger societal benefit through enhancement of educational attainment and vocational skills. Overall, Northstar Guarantee Inc significantly influences the landscape of postsecondary education financing, encouraging a culture of learning and opportunity.




This information is meant to be a general summary of Northstar Guarantee Inc. 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
$7,417 (2021)
Expenses
$72,526 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $7,417
  • Gross Receipts: $7,417

Assets and Liabilities:

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

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Organization Details

Founding Year

1990

Principal Officer

Richard D George

Main Address

38 Buttonwood Court, Madison, WI, 53718

NTEE Category

Code: B82Z - Education

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