NORTHWEST EDUCATION LOAN ASSOCIATION
2401 INTERNATIONAL LANE, MADISON, WI 53704 www.mygreatlakes.org

Total Revenue
$15,283,320
Total Expenses
$14,398,162
Net Assets
$885,158

Organizations Filed Purposes: NELA'S MISSION IS TO ENHANCE POST-SECONDARY EDUCATION PREPAREDNESS, ACCESS AND SUCCESSBY PROVIDING. AND SUPPORTING FINANCIAL AND OTHER VALUED SERVICES.

NELA guarantees student loans and provides a full-range of services. One aspect of the full-range guaranty services is to provide collection assistance to lenders for delinquent loans. This includes contacting the borrower to attempt to restore the loan to a current status through various options. This contact also involves educating and/or counseling borrowers. In addition, NELA provides direct support of personal financial management education, financial aid awareness and college access initiatives, and guidance and counsel on consolidation loans and loan rehabilitation under the Federal Higher Education Act of 1965, as amended.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Joan Prince 1Director1$6,900
Linda Hoeschler 1Director1$6,900
Alex J Pollock 1Director1$6,267
Richard A Weiss 1Director1$4,900
Mary Burke 1Director1$4,140
Jacqueline Fairbairn 3VP - Policy/Regl Compliance1$0
Beth Erickson 3VP - Repayment Solutions1$0
Amy Kerwin 3VP - Community Investments1$0
Rebecca Rapp 3Gen. Counsel & Asst Secretary1$0
Richard D George 23Chairman/Pres/Ceo/Treasurer1$0
David J Hanson 1Director/Secretary1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201823189349311837_public.xml