Program areas at Cal Ed
To provide financing of FFELP loans authorized under the Higher Education Act of 1965, as amended, for the benefit and advancement of post secondary education. Revenue is earned through student loan interest generated from originated and purchased FFELP loans.
Conduct research on education and education-related issues, including without limitation early childhood education and the education of non-traditional students, and distribute the results to the public; Expand education-related information outreach services to provide financial aid information and counseling to students, their families, and financial aid directors; and provide scholarships to individuals to assist them in pursuing an education.
Personnel at Cal Ed
| Name | Title | Compensation | Date of data |
|---|
| William Markenson | Chief Executive Officer , Board Chairman / Director | $46,698 | 2022-06-30 |
| William Hansen | Chief Administrative Officer | $0 | 2023-10-04 |
| Charles Bull | Board Chairman 7 and 1 and 2021 To 8 and 31 and 2021 / Director / Board Chairman | $19,106 | 2022-06-30 |
| Janet Murillo | Director and Secretary Effective 9 and 1 and 2021 | $8,000 | 2022-06-30 |
| Juan Casillas | Director and Secretary / Director and Board Secretary | $16,031 | 2022-06-30 |
| ...and 1 more key personnel |
Financials for Cal Ed
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,725,504 | $11,092,385 | -84.4% |
| Investment income and dividends | $1,053 | $3,525 | -70.1% |
| Tax-exempt bond proceeds | $84 | $422 | -80.1% |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $4,229,077 | $0 | 999% |
| Total revenues | $5,955,718 | $11,096,332 | -46.3% |
Organizations like Cal Ed
| Organization | Type | Location | Revenue |
|---|
| Lending Link Credit Solutions | 501(c)(3) | Omaha, NE | $11,872,061 |
| Rising Tide Community Loan Fund | 501(c)(3) | Bethlehem, PA | $8,811,127 |
| FSU Financial Assistance | 501(c)(3) | Tallahassee, FL | $16,927,919 |
| The Enterprise Center Capital Corporation | 501(c)(3) | Philadelphia, PA | $13,256,073 |
| Cook Inlet Lending Center | 501(c)(3) | Anchorage, AK | $14,919,049 |
| BAC Funding Corporation | 501(c)(3) | Miami, FL | $4,831,785 |
| Hawaii Community Lending | 501(c)(3) | Hilo, HI | $20,239,640 |
| Amish Mutual Mortgage Fund | 501(c)(3) | Nappanee, IN | $2,543,950 |
| Community Lenders Community Development Corporation | 501(c)(3) | Souderton, PA | $2,129,949 |
| Anabaptist Financial | 501(c)(3) | Lewisburg, PA | $29,455,239 |
Data update history
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 25, 2023
Used new vendors
Identified 4 new vendors, including , , , and
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Credit unionsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Partially liquidatedState / local levelTax deductible donations
General information
- Address
- 840 Apollo St Suite 306
- El Segundo, CA 90245
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- allslcinvestor.net/Â
- Phone
- (310) 979-4700
IRS details
- EIN
- 95-3705585
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Subordinate organization
Free account sign-up
Want updates when Cal Ed has new information, or want to find more organizations like Cal Ed?
Create free Cause IQ account