IOWA STUDENT LOAN LIQUIDITY CORPORATION
6775 Vista Drive, West Des Moines, IA 502669307 www.studentloan.org

Total Revenue
$64,909,561
Total Expenses
$79,151,403
Net Assets
$508,018,066

Organizations Filed Purposes: To help iowa students and families obtain the resources necessary to succeed in postsecondary education.

Iowa Student Loan Liquidity Corporation provides funds for the acquisition and servicing of student loans under the U.S. Higher Education Act of 1965, as amended, and other non-Higher Education Act student loan programs. As of June 30, 2020, the Corporation owned and serviced loans totaling 161,760 with an outstanding balance of $1,131,492,358.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steve McculloughPresident & CEO40$415,240
Erin LaceyEVP & Treasurer40$252,360
Ron ForesmanAccounting & Risk Mgmt VP40$211,407
Cindy BartzCIO & Proj Mgmt VP40$202,210
Greg NicholsSr. Pub Affairs & Comm Rel VP40$188,433
Marc HendelSr. Researcher & Data Mgr40$188,120
Chi-Ming J LinChief Technical Architect40$185,215
Marsha BoenderDir, Lender & School Serv.40$154,216
Chris HammerstromProd. Dev. Director40$151,469
Shawn SmithLead Database Administrator40$143,638
Christine HensleyBoard Chairperson1$17,550
Tammy BramleyBoard Vice Chairperson1$13,192
Adam VoigtsBoard Member1$9,607
Daniel CluteBoard Member1$8,960
Scott SchneidermannBoard Member1$8,828
Jim SchipperBoard Member1$8,557
Laurie HempinBoard Member1$8,015
Rob DensonBoard Member1$7,571
Lorraine GrovesBoard Member1$6,759
Marcia RogersBoard Member1$4,563
Nancy DunkelBoard Member1$3,367
Mary Kay DeboltSr. Operations VP & Secretary40$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101119349301205_public.xml