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EIN 42-6078059

PEO Educational Loan Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Des Moines
State
Iowa
Year formed
1907
Most recent tax filings
2023-06-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
I can generate a shorter description: Peo Eductional Loan Fund is a Des Moines-based financial institution/credit union that earned nearly $4M in revenues last year.
Related structure
PEO Educational Loan Fund is a subordinate organization under Cottey College.
Total revenues
$3,948,036
2023
Total expenses
$407,883
2023
Total assets
$89,120,461
2023
Num. employees
0
2023

Program areas at PEO Educational Loan Fund

Loans totaling $6,514,200 were approved during the year for 457 women; 4,751 were outstanding at year end with an aggregate balance of $41,335,934. Maximum loan for any woman is $20,000. Principal payments during the year totalled $8,822,764.

Who funds PEO Educational Loan Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
PEO FoundationEduc Loans$304,917
Professional Employer Organization (PEO)Education Loan$97,575
PEO Sisterhood International - TX State Chapter (PEO)Education Loans$88,009
...and 35 more grants received totalling $1,550,053

Personnel at PEO Educational Loan Fund

NameTitleCompensation
Kathy SoppeExecutive Director$0
Dana van RoekelDirector of Finance$0
Dana D VanroekelPast Director of Finance
Harpreet SareenBoard After$0
Stephanie HaltonBoard$0
...and 8 more key personnel

Financials for PEO Educational Loan Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,716,894
Program services$718,352
Investment income and dividends$998,272
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$512,026
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,492
Total revenues$3,948,036

Form 990s for PEO Educational Loan Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-13990View PDF
2022-062022-11-09990View PDF
2021-062021-11-12990View PDF
2020-062022-02-08990View PDF
2019-062020-02-08990View PDF
...and 8 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 34 new grant, including a grant for $97,575 from Professional Employer Organization (PEO)
April 5, 2024
Used new vendors
Identified 2 new vendors, including , and
January 24, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Received grants
Identified 32 new grant, including a grant for $304,917 from PEO Foundation
Nonprofit Types
Credit unionsChapter / child organizationsCharities
Issues
Education
Characteristics
Operates internationallyEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3700 Grand Ave
Des Moines, IA 50312
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
peointernational.org/ 
IRS details
EIN
42-6078059
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1907
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
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