Overview
What is Edvantage Corporation?
Edvantage Corporation is a nonprofit organization, operating under the umbrella of tax exemption as per section 501(c)(3) of the Internal Revenue Code. Its primary goal is to uphold and execute the purposes of the South Carolina Student Loan Corporation (SCSLC). This involves engaging in activities that foster and bolster SCSLC's mission. Edvantage Corporation plays a crucial role in supporting SCSLC, incurring expenses in line with its exempt objective.
Is Edvantage Corporation legitimate?
Edvantage Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edvantage 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 Edvantage Corporation?
Edvantage Corporation's mission is aligned with that of the South Carolina Student Loan Corporation (SCSLC), an organization exempt from federal tax under Section 501(c)(3) of the Internal Revenue Code. The primary objective of Edvantage Corporation is to support and further the goals of SCSLC. This support is manifested through activities that promote and strengthen the exempt purpose of SCSLC, encompassing various expenses that contribute to the accomplishment of SCSLC's mission.
Who is the CEO of Edvantage Corporation?
David A Simon Iii is the Chair of Edvantage Corporation. The CEO's salary of Edvantage Corporation is $0 and their total compensation is $602,409.
What is the revenue of Edvantage Corporation?
Edvantage Corporation's revenue in 2023 was $3,000.
Who are the executives of Edvantage Corporation and what are their salaries?
Here are 4 key members and their salaries (Edvantage Corporation's CEO's salary is $0 and their total compensation is $602,409):
- Compensation: $0
- Related: $31,000
- Other: $0
- Compensation: $0
- Related: $27,000
- Other: $0
- Compensation: $0
- Related: $25,000
- Other: $0
- Compensation: $0
- Related: $482,761
- Other: $119,648
Where can I find the form 990 for Edvantage Corporation?
Edvantage Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Edvantage Corporation
Edvantage Corporation, a nonprofit organization exempt from federal tax under section 501(c)(3) of the Internal Revenue Code, is dedicated to upholding and executing the objectives of the South Carolina Student Loan Corporation (SCSLC). This mission involves engaging in activities that bolster and reinforce SCSLC's tax-exempt purpose. By supporting SCSLC's mission, Edvantage Corporation contributes to various initiatives aimed at promoting educational opportunities and financial aid for students in South Carolina.
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Impact
October, 2024
Edvantage Corporation plays a significant role in advancing the mission of the South Carolina Student Loan Corporation (SCSLC) by facilitating educational financing and resources for students in South Carolina. By promoting and supporting the objectives of SCSLC, Edvantage ensures that more students have access to essential financial assistance for their higher education pursuits.
The corporation conducts a variety of activities that directly support SCSLC's mission, ultimately contributing to enhanced educational opportunities for individuals across the state. This focus on public benefit not only helps students navigate the financial aspects of their education but also fosters a more educated workforce, benefiting the community and economy of South Carolina.
By addressing the challenges related to student financing, Edvantage Corporation significantly impacts the lives of students, enabling them to pursue their educational goals without being hindered by financial barriers. This support helps cultivate a culture of learning and growth, vital for the progress and prosperity of the region.
This information is meant to be a general summary of Edvantage 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $3,000
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2011
Phone
(803) 798-0916Principal Officer
David A Simon Iii
Main Address
PO BOX 102405, COLUMBIA, SC, 29224
NTEE Category
Code: W11 - Public benefit
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