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Wellesley Students Aid Society Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$560k (2023)

Expenses
$1.55M (2023)

Total Assets
$44.4M (2023)

Total Liabilities
$28.9k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$559,703
Expenses
$1,550,007
Net Income
-$990,304
Net Assets
$44,408,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $530,704
94.8%
Program Services $20,980
3.7%
Investment Income $351
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,668
1.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $147,225
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $111,184
7.2%
Assets/Debt
Total Assets $44,437,094
Total Liabilities $28,925
Net Assets $44,408,169
Compensation
Key Employees and Officers Compensation Related Other
Catherine Kefalas (Executive Director) $120,885 $0 $25,303
Jamie Sabino (President) $0 $0 $0
Denise Robbi Arena (Vice President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Dana Sundblad (Secretary) $0 $0 $0
Raja Ashraf (Director) $0 $0 $0
Beth Bernhardt (Director) $0 $0 $0
Stanley Chang (Director) $0 $0 $0
Eileen Crehan (Director) $0 $0 $0
Michelle Shelley Dowling Cobb (Director) $0 $0 $0
Esther Han Silver (Director) $0 $0 $0
Heather Kispert Hagerty (Director) $0 $0 $0
Rachel Lam (Director) $0 $0 $0
Irene Mata (Director) $0 $0 $0
Tess Mattern (Director) $0 $0 $0
Anhar Mulla (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,253,513
Expenses
$1,567,395
Net Income
$1,686,118
Net Assets
$41,290,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,143,564
35.1%
Program Services $31,893
1.0%
Investment Income $2,928
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,075,128
63.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,290,339
Total Liabilities $0
Net Assets $41,290,339
Compensation
Key Employees and Officers Compensation Related Other
Jamie Sabino (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Mareva (Director) $0 $0 $0
Estefania Lamas Hernandez (Secretary) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Stanley Change (Faculty Rep) $0 $0 $0
Beth Bernhardt (Director) $0 $0 $0
Malika Jeffries (Director) $0 $0 $0
Irene Mata (Faculty Rep) $0 $0 $0
Heather Kispert Hagerty (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0
Denise Robbi Arena (Vice President) $0 $0 $0
Anhar Mulla (Director) $0 $0 $0
Erin Konkle (Staff Rep) $0 $0 $0
Dana Sundblad (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,651,652
Expenses
$1,564,708
Net Income
$12,086,944
Net Assets
$47,178,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $518,122
3.8%
Program Services $36,214
0.3%
Investment Income $196
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,097,120
95.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,178,569
Total Liabilities $0
Net Assets $47,178,569
Compensation
Key Employees and Officers Compensation Related Other
Jamie Sabino (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Mareva (Vice President) $0 $0 $0
Estefania Lamas Hernandez (Secretary) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Susan Cohen (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Malika Jeffries (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Lilly Marcelin (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Denise Robbi Arena (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,590,047
Expenses
$1,431,024
Net Income
$1,159,023
Net Assets
$37,445,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $740,712
28.6%
Program Services $30,737
1.2%
Investment Income $6,810
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,811,788
70.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,445,836
Total Liabilities $0
Net Assets $37,445,836
Compensation
Key Employees and Officers Compensation Related Other
Jamie Sabino (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Mareva (Vice President) $0 $0 $0
Estefania Lamas Hernandez (Secretary) $0 $0 $0
Juanita Gutierrez (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Susan Cohen (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Malika Jeffries (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Lilly Marcelin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Denise Robbi Arena (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,027,817
Expenses
$1,278,367
Net Income
$749,450
Net Assets
$37,896,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $421,319
20.8%
Program Services $25,308
1.2%
Investment Income $19,101
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,562,089
77.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,909,795
Total Liabilities $13,631
Net Assets $37,896,164
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President (Former)) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Mareva (Vice President) $0 $0 $0
Estefania Lamas Hernandez (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Susan Cohen (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Jamie Sabino (Director (President Elect)) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Lilly Marcelin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Denise Robbi Arena (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,482,762
Expenses
$1,086,509
Net Income
$396,253
Net Assets
$36,504,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $339,639
22.9%
Program Services $35,781
2.4%
Investment Income $1,276
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,106,066
74.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,504,963
Total Liabilities $0
Net Assets $36,504,963
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Mareva (Vice President) $0 $0 $0
Ann Marie Lawlor (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Susan Cohen (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Jamie Sabino (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Lilly Marcelin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Denise Robbi Arena (Director) $0 $0 $0
Estefania Lamas Hernandez (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,693,922
Expenses
$1,056,797
Net Income
$637,125
Net Assets
$34,635,763
Notable Sources of Revenue Percent of Total Revenue
Contributions $427,595
25.2%
Program Services $37,720
2.2%
Investment Income $7,202
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,221,405
72.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,635,763
Total Liabilities $0
Net Assets $34,635,763
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Nikolova Mareva (Vice President) $0 $0 $0
Ann Marie Lawlor (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Susan Cohen (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Jamie Sabino (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Lilly Marcelin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Sunny Young (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Colleen O'hara (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,288,311
Expenses
$1,114,340
Net Income
$173,971
Net Assets
$31,779,543
Notable Sources of Revenue Percent of Total Revenue
Contributions $475,856
36.9%
Program Services $46,585
3.6%
Investment Income $250
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $765,620
59.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,779,543
Total Liabilities $0
Net Assets $31,779,543
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Nikolova Mareva (Vice President) $0 $0 $0
Ann Marie Lawlor (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Gretchen Arntz (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Angela C Carpenter (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Katherine L Guerin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Sunny Young (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Collen O'hara (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,382,025
Expenses
$1,035,343
Net Income
$1,346,682
Net Assets
$31,709,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $370,240
15.5%
Program Services $50,539
2.1%
Investment Income $131
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,961,115
82.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,709,220
Total Liabilities $0
Net Assets $31,709,220
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Nikolova Mareva (Vice President) $0 $0 $0
Colleen O'hara (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Gretchen Arntz (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Angela C Carpenter (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Katherine L Guerin (Director) $0 $0 $0
Pamela Dawn Salerno (Director) $0 $0 $0
Sunny Young (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,169,506
Expenses
$738,902
Net Income
$430,604
Net Assets
$31,008,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $301,456
25.8%
Program Services $0
Investment Income $44,723
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $823,327
70.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $105,078
14.2%
Assets/Debt
Total Assets $31,008,333
Total Liabilities $0
Net Assets $31,008,333
Compensation
Key Employees and Officers Compensation Related Other
Ann Hayden Hamilton (President) $0 $0 $0
Tanya M Roy (Treasurer) $0 $0 $0
Milena Nikolova Mareva (Vice President) $0 $0 $0
Colleen O'hara (Secretary) $0 $0 $0
Golnaz Amin (Director) $0 $0 $0
Teresita Ramos (Director) $0 $0 $0
Gretchen Arntz (Director) $0 $0 $0
Joy Renjilian Burgy (Director) $0 $0 $0
Angela C Carpenter (Director) $0 $0 $0
Gail Rock Townsend (Director) $0 $0 $0
Katherine L Guerin (Director) $0 $0 $0
Pam Salerno (Director) $0 $0 $0
Janet Sommers Isenberg (Director) $0 $0 $0
Sunny Young (Director) $0 $0 $0
Michele Florent Perillo (Director) $0 $0 $0
Michelle Gillett (Director) $0 $0 $0
Ann Marie Lawlor (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,698,625
Expenses
$746,917
Net Income
$1,951,708
Net Assets
$26,839,555
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,698,625
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $130,003
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,839,555
Total Liabilities $0
Net Assets $26,839,555

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,111,197
Expenses
$682,846
Net Income
$428,351
Net Assets
$22,165,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $348,322
31.3%
Program Services $0
Investment Income $268,147
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $494,542
44.5%
Net Inventory Sales $0
Other Revenue $186
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $124,535
18.2%
Assets/Debt
Total Assets $22,165,696
Total Liabilities $0
Net Assets $22,165,696

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,178,805
Expenses
$665,329
Net Income
$513,476
Net Assets
$21,766,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $600,160
50.9%
Program Services $52,451
4.4%
Investment Income $451,532
38.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $74,662
6.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $116,517
17.5%
Assets/Debt
Total Assets $21,766,490
Total Liabilities $0
Net Assets $21,766,490

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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