Project On Predatory Student Lending

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

EIN: 874582545 ✦ Jamaica plain, MA ✦ Designated as a 501(c)(3)

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Overview

What is Project On Predatory Student Lending?

Project On Predatory Student Lending is a prominent legal organization situated in Jamaica Plain, Massachusetts. With a mission to challenge predatory practices within higher education, this nonprofit aims to alleviate student loan debt resulting from fraudulent activities. As the leading authority against the exploitative for-profit college industry, they vigorously fight policies that enable this sector to mislead student borrowers and exploit the promise of higher education. The organization, comprising a team of 10 dedicated individuals, works tirelessly to protect both current and future students from the damaging consequences of these deceptive practices.


Official website here: www.ppsl.org

Is Project On Predatory Student Lending legitimate?

Project On Predatory Student Lending is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project On Predatory Student Lending 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: $429,923

For more financial information, click here


Official website here: www.ppsl.org

What is the mission statement of Project On Predatory Student Lending?

Project On Predatory Student Lending, as the leading legal organization, aims to combat predatory practices within the for-profit college industry. They represent students in lawsuits against these institutions and the policies that enable them to exploit the promise of higher education. Their mission is to utilize litigation to eliminate these fraudulent practices and provide relief to current and future student loan borrowers from debt resulting from such fraud. They work tirelessly to protect students and taxpayers from being deceived by predatory educational policies.


Official website here: www.ppsl.org

Who is the CEO of Project On Predatory Student Lending?

Eileen Connor is the Member of Project On Predatory Student Lending.


Official website here: www.ppsl.org

What is the revenue of Project On Predatory Student Lending?

Project On Predatory Student Lending's revenue in 2022 was $2,131,137.


Official website here: www.ppsl.org

Who are the executives of Project On Predatory Student Lending and what are their salaries?

The average compensation at Project On Predatory Student Lending during 2022 was $42,992. There are 10 employees at Project On Predatory Student Lending.


Here are 6 key members and their salaries:


Yvette Colon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Persis Yu (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Connor (President)
  • Compensation: $64,506
  • Related: $0
  • Other: $0
Mike Firestone (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bennett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret O'Grady (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ppsl.org

Where can I find the form 990 for Project On Predatory Student Lending?

Project On Predatory Student Lending's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ppsl.org

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

Mission Statement of Project On Predatory Student Lending

Project On Predatory Student Lending, often referred to as PPSL, is a leading legal organization that champions the cause of students against the predatory for-profit college industry. Its mission is twofold: firstly, to utilize litigation as a tool to eradicate harmful practices in higher education. By doing so, PPSL seeks to protect both current and future student borrowers from the deceptive tactics employed by this industry. Secondly, PPSL aims to alleviate the burden of fraudulent student loan debt, which has become a prevalent issue in the realm of higher education. In essence, PPSL stands as a guardian for students, safeguarding their rights and interests against predatory practices, thereby ensuring a fair and equitable educational landscape.

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Impact




July, 2024

The Project On Predatory Student Lending is making a significant impact by challenging and fighting against the predatory practices of for-profit colleges. By representing students in legal battles and advocating for policies that protect student borrowers and taxpayers, the organization works to eliminate fraudulent student loan debt and hold the higher education industry accountable. Through its litigation efforts, the Project On Predatory Student Lending is helping to relieve current and future borrowers from the exploitation they have faced.




This information is meant to be a general summary of Project On Predatory Student Lending. 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
$2,131,137 (2022)
Expenses
$791,368 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,131,137

Assets and Liabilities:

  • Total Assets: $1,399,250
  • Total Liabilities: $59,481
  • Net Assets: $1,339,769

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Organization Details

Founding Year

2022

Principal Officer

Eileen Connor

Main Address

769 CENTRE STREET 166, JAMAICA PLAIN, MA, 02130

NTEE Category

Code: R99 - Civil rights

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