South Carolina Student Loan Corporation

Columbia, SC
Tax-exempt since Jan. 1975
EIN: 57-0602805

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Type of Nonprofit

Designated as a 501(c)(3) 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: Public, Society Benefit — Multipurpose and Other / Financial Institutions, Services (Non-Government Related) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

An independent audit commissioned by this organization for the fiscal year ending June 2024 identified:

Material weakness in internal controls

Audit identified a deficiency in internal financial or governance controls that could limit the organization's ability to track and report financial data reliably. The deficiency could lead to failure to prevent or correct noncompliance with requirements.

Revenue

$65M (2024)

Expenses

$47.6M (2024)

Total Assets

$941M (2024)

Total Liabilities

$324M (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

Revenue

$65,003,840

Expenses

$47,614,325

Net Income

$17,389,515

Net Assets

$616,914,499

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$55,083,295	84.7%
Investment Income	$7,978,118	12.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,942,427	3.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$891,986	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,157,115	6.6%

Assets/Debt
Total Assets	$941,337,493
Total Liabilities	$324,422,994
Net Assets	$616,914,499

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Simon Iii (President & Ceo, Secretary)	$486,554	$0	$49,253
Bill Bochette (Cfo & Coo)	$405,432	$0	$63,143
Ralph Jones (Vp Of Loan Programs)	$177,460	$0	$16,742
Christine M Wojcik (Vice President Of Human Re)	$170,029	$0	$18,544
Melanie Brooke Thomas (Vice President Of Finance)	$159,653	$0	$38,014
Marsha King (Vp Of Operations)	$150,318	$0	$13,289
Claire Ann Gibbons (Executive Director Of Power:Ed)	$146,991	$0	$17,138
Joseph Buzhardt (Director Of Business Intelligence)	$124,255	$0	$42,761
Ericka Green (Director Of Risk Management)	$109,890	$0	$13,537
Weston Faircloth (It Operations Manager)	$109,094	$0	$12,529
James Thornton Kirby (Chair)	$30,000	$0	$0
Jason Caskey (Vice Chair)	$30,000	$0	$0
Fred L Green Iii (Treasurer)	$26,000	$0	$0
Neil E Grayson (Director)	$23,751	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$21,669	$0	$0
Willie Jeffries (Director)	$15,000	$0	$0
Charlie C Sanders Jr (Director)	$15,000	$0	$0
A Neill Cameron Jr (Director)	$14,000	$0	$0
Barbara F Weston (Director)	$13,000	$0	$0
Renee R Brooks (Director)	$7,000	$0	$0
Octavia Williams Blake (Director)	$4,103	$0	$0

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990

Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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This audit found:

Material weakness in internal controls

Fiscal Year Ending June
2023

Revenue

$58,099,567

Expenses

$47,535,560

Net Income

$10,564,007

Net Assets

$596,512,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,247,199	91.6%
Investment Income	$5,666,432	9.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$814,064
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,185,142	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,302,075	4.8%

Assets/Debt
Total Assets	$1,048,763,389
Total Liabilities	$452,251,381
Net Assets	$596,512,008

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Simon Iii (President & Ceo, Secretary)	$482,761	$0	$119,648
Bill Bochette (Cfo & Coo)	$382,772	$0	$61,908
Ralph Jones (Vp Of Loan Programs)	$167,999	$0	$44,829
Melanie Brooke Thomas (Vice President Of Finance)	$143,569	$0	$10,630
Marsha King (Vp Of Operations)	$142,373	$0	$90,660
Christine M Wojcik (Vice President Of Human Resources)	$137,124	$0	$18,247
Joseph Buzhardt (Director Of Business Intelligence)	$111,819	$0	$53,511
James Thornton Kirby (Chair)	$31,000	$0	$0
Jason Caskey (Vice Chair)	$27,000	$0	$0
Fred L Green Iii (Treasurer)	$25,000	$0	$0
Neil E Grayson (Director)	$24,136	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$19,456	$0	$0
Willie Jeffries (Director)	$16,000	$0	$0
Barbara F Weston (Director)	$15,000	$0	$0
A Neill Cameron Jr (Director)	$14,000	$0	$0
Charlie C Sanders Jr (Director)	$13,000	$0	$0
Renee R Brooks (Director)	$9,000	$0	$0

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990

Filed on Nov. 14, 2023

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2022

Revenue

$39,287,118

Expenses

$34,807,348

Net Income

$4,479,770

Net Assets

$575,291,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,455,281	90.2%
Investment Income	$3,880,183	9.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$48,346
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,180,424	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,038,417	5.9%

Assets/Debt
Total Assets	$1,286,789,803
Total Liabilities	$711,497,945
Net Assets	$575,291,858

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Simon Iii (President & Ceo)	$709,686	$0	$121,591
Bill Bochette (Cfo & Coo)	$350,366	$0	$62,948
Ralph Jones (Vp Of Loan Programs)	$208,389	$0	$83,312
Marsha King (Vp Of Operations)	$206,453	$0	$128,051
Gary Geddens (Loan Specialitst)	$143,784	$0	$75,671
Michael Fox (Director Of Outreach Through 3/4/22)	$135,467	$0	$95,827
Melanie Martin (Business Intelligence Analyst)	$133,274	$0	$65,060
Jennifer Ridenhour (Secretary (Thru 9/10/2021))	$128,227	$0	$32,934
J Thornton Kirby Esq (Chair)	$30,000	$0	$0
Fred L Green Iii (Treasurer)	$27,000	$0	$0
Jason Caskey (Director)	$26,000	$0	$0
Neil E Grayson (Co Vice Chair)	$23,276	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$21,142	$0	$0
Willie Jeffries (Director)	$16,000	$0	$0
A Neill Cameron Jr (Co Vice Chair)	$16,000	$0	$0
Barbara F Weston (Director)	$15,000	$0	$0
Charlie C Sanders Jr (Director)	$14,000	$0	$0
Renee R Brooks (Director)	$7,000	$0	$0

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990

Filed on Nov. 11, 2022

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2021

Revenue

$46,347,737

Expenses

$33,733,584

Net Income

$12,614,153

Net Assets

$604,836,650

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$37,467,172	80.8%
Investment Income	$0
Bond Proceeds	$3,196,818	6.9%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,683,747	12.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,573,329	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,382,201	4.1%

Assets/Debt
Total Assets	$1,464,017,759
Total Liabilities	$859,181,109
Net Assets	$604,836,650

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Simon Iii (President & Ceo)	$420,395	$0	$159,342
Jane Honeycutt Thru 8142020 (Vp Of Financial Services)	$230,890	$0	$97,068
Bill Bochette (Cfo & Coo)	$187,349	$0	$18,089
Ralph Jones (Vp Of Loan Programs)	$130,527	$0	$72,966
Marsha King (Vp Of Operations)	$127,416	$0	$101,277
Jennifer Ridenhour (Secretary (Thru 9/10/2021))	$120,423	$0	$42,765
Michael Fox (Director Of Outreach)	$105,836	$0	$76,732
Joseph Buzhardt (Bi)	$105,587	$0	$59,923
J Thornton Kirby Esq (Chair)	$29,000	$0	$0
Fred L Green Iii (Treasurer)	$27,000	$0	$0
Neil E Grayson (Co Vice Chair)	$26,000	$0	$0
Jason Caskey (Director)	$23,000	$0	$0
Renee R Brooks (Director)	$23,000	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$20,000	$0	$0
Barbara F Weston (Director)	$18,000	$0	$0
Charlie C Sanders Jr (Director)	$17,000	$0	$0
A Neill Cameron Jr (Co Vice Chair)	$17,000	$0	$0
Harry R Brown Thru 6302020 (Director)	$11,000	$0	$0
Willie Jeffries (Director)	$8,000	$0	$0

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990

Filed on Feb. 11, 2022

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2020

Revenue

$59,459,269

Expenses

$53,444,713

Net Income

$6,014,556

Net Assets

$561,819,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$56,261,817	94.6%
Investment Income	$4,571,359	7.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,373,907
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$907,522	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,738,687	3.3%

Assets/Debt
Total Assets	$1,467,625,940
Total Liabilities	$905,806,143
Net Assets	$561,819,797

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David A Simon Iii (President & Ceo)	$408,932	$0	$98,073
Jane Honeycutt (Vp Of Financial Services (Until 8/14/2020))	$202,997	$0	$85,470
Ralph Jones (Vp Of Loan Programs)	$120,403	$0	$41,083
Marsha King (Vp Of Operations)	$115,530	$0	$68,332
Sara Fisher (Director Of Power:Ed)	$112,150	$0	$21,896
Jennifer Ridenhour (Secretary)	$106,014	$0	$42,709
Mike Fox (Director Of Outreach)	$103,679	$0	$57,197
Renee R Brooks (Chair)	$30,000	$0	$0
Fred L Green Iii (Treasurer)	$30,000	$0	$0
Harry R Brown (Director)	$26,000	$0	$0
Neil E Grayson (Co Vice Chair)	$25,000	$0	$0
J Thornton Kirby Esq (Co Vice Chair)	$19,000	$0	$0
Charlie C Sanders Jr (Director)	$18,000	$0	$0
Barbara F Weston (Director)	$15,000	$0	$0
A Neill Cameron Jr (Director)	$15,000	$0	$0
Jason Caskey Cpa (Director)	$15,000	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$14,000	$0	$0
Bill Bochette (Cfo & Coo (Beginning 6/30/2020))	$0	$0	$0

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990

Filed on Feb. 15, 2021

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2019

Revenue

$79,980,116

Expenses

$70,224,552

Net Income

$9,755,564

Net Assets

$556,000,467

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$73,768,587	92.2%
Investment Income	$6,279,931	7.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$68,402
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,501,764	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$924,854	1.3%

Assets/Debt
Total Assets	$1,655,663,840
Total Liabilities	$1,099,663,373
Net Assets	$556,000,467

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (President/Ceo (Until 1/2/18))	$505,457	$0	$74,346
David A Simon Iii (President & Ceo)	$371,576	$0	$71,580
Jane Honeycutt (Vp Of Financial Services)	$199,809	$0	$67,377
David Carwile (Former Evp/Director)	$150,000	$0	$2,526
Marsha King (Vp Of Operations)	$120,172	$0	$49,411
Jennifer Ridenhour (Secretary)	$100,635	$0	$27,020
Charlie C Sanders Jr (Director)	$45,000	$0	$0
Renee R Brooks (Chair)	$28,000	$0	$0
Fred L Green Iii (Treasurer)	$24,000	$0	$0
J Thornton Kirby Esq (Co Vice Chair)	$21,000	$0	$0
Neil E Grayson (Co Vice Chair)	$19,000	$0	$0
Harry R Brown (Director)	$17,000	$0	$0
Gautam S Ghatnekar Dvm Ph D (Director)	$14,000	$0	$0
Barbara F Weston (Director)	$12,000	$0	$0
A Neill Cameron Jr (Director)	$11,000	$0	$0
Jason Caskey Cpa (Director)	$7,000	$0	$0

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990

Filed on Feb. 19, 2020

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2018

Revenue

$76,103,826

Expenses

$65,453,475

Net Income

$10,650,351

Net Assets

$545,648,802

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$71,865,580	94.4%
Investment Income	$4,240,671	5.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,425
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,673,376	4.1%

Assets/Debt
Total Assets	$1,901,845,733
Total Liabilities	$1,356,196,931
Net Assets	$545,648,802

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (Pres./Ceo/Sec. (Until 11/2017))	$679,266	$0	$117,901
D Grant Carwile Esq (Evp/Director (Until 5/2017))	$569,473	$0	$29,053
David Simon (President/Ceo (Beginning 11/2017))	$229,535	$0	$75,095
Jane Honeycutt (Vp Of Financial Services)	$192,141	$0	$70,438
Marsha King (Vp Of Operations)	$121,831	$0	$54,597
Debra Miller (Controller)	$121,695	$0	$55,430
Denise Easterling (Vp, Sc3)	$108,340	$0	$33,042
Gerald Long (Vp, Ro)	$105,210	$0	$32,760
Ralph Jones (Vp Of Loan Programs)	$103,051	$0	$29,623
Jennifer Ridenhour (Secretary (Beginning 11/2017))	$88,252	$0	$31,072
Renee R Brooks (Chair)	$20,000	$0	$0
J Thornton Kirby Esq (Co Vice Chair)	$17,000	$0	$0
Neil E Grayson Esq (Co Vice Chair)	$16,000	$0	$0
Fred L Green Iii (Treasurer)	$15,000	$0	$0
Harry R Brown (Director)	$14,000	$0	$0
Dr Gautam Ghatnekar Dvm Phd (Director)	$10,000	$0	$0
Barbara F Weston (Director)	$7,000	$0	$0
A Neill Cameron Jr (Director)	$6,000	$0	$0
Charlie C Sanders Jr (Director (Effective 1/2/2018))	$0	$0	$0

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990

Filed on Feb. 26, 2019

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Fiscal Year Ending June
2017

Revenue

$73,557,045

Expenses

$68,779,606

Net Income

$4,777,439

Net Assets

$534,484,319

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$71,161,423	96.7%
Investment Income	$2,394,042	3.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,580	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,433,423	6.4%

Assets/Debt
Total Assets	$2,180,491,064
Total Liabilities	$1,646,006,745
Net Assets	$534,484,319

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (President/Ceo)	$663,191	$0	$138,035
D Grant Carwile Esq (Director (Until 5/8/17))	$285,590	$0	$18,936
David Simon (Cio (Until 11/07/17, Ceo/Pres. After))	$200,106	$0	$59,612
Jane Honeycutt (Cfo)	$178,834	$0	$65,967
Anne Harvin Gavin (Svp (Until 05/25/17))	$133,737	$0	$46,927
Debra Miller (Controller)	$118,768	$0	$47,030
Cindi Callaham (Risk Mgmt Director (Until 10/14/16))	$113,110	$0	$38,425
David Roupe (Vp, Rs (Until 2/28/17))	$101,843	$0	$54,308
Gerald Long (Vp, Ro (Until 2/28/17))	$101,361	$0	$53,333
Frederick T Himmelein Esq (Chairman (Until 6/15/17))	$26,000	$0	$0
Neil E Grayson Esq (Director)	$17,000	$0	$0
Renee R Brooks (Vice Chairman)	$13,000	$0	$0
J Thornton Kirby Esq (Treasurer)	$13,000	$0	$0
Harry R Brown (Director)	$12,000	$0	$0
Fred L Green Iii (Director)	$10,000	$0	$0
Barbara F Weston (Director)	$9,000	$0	$0
Dr Gautam S Ghatnekar Dvm Ph D (Director)	$9,000	$0	$0
A Neill Cameron Jr (Director)	$6,000	$0	$0
Jeffrey R Scott (Director (Until 2/4/16))	$1,000	$0	$0

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990

Filed on Feb. 13, 2018

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Fiscal Year Ending June
2016

Revenue

$120,903,785

Expenses

$76,463,958

Net Income

$44,439,827

Net Assets

$582,881,964

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$119,155,382	98.6%
Investment Income	$1,804,343	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$55,940
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,228,097	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,043,629	5.3%

Assets/Debt
Total Assets	$2,456,563,686
Total Liabilities	$1,873,681,722
Net Assets	$582,881,964

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (President/Ceo/Board Sec.)	$629,660	$0	$121,921
Jane Honeycutt (Cfo)	$193,253	$0	$58,576
David Simon (Cio)	$190,640	$0	$56,773
Cindi Callaham (Risk Management Director)	$140,347	$0	$37,774
Anne Harvin Gavin (Svp)	$136,235	$0	$40,048
Denise Easterling (Vp, Sc3)	$127,423	$0	$37,156
Donna Weathersbee (Hr Director)	$120,440	$0	$28,157
Debra Miller (Controller)	$115,387	$0	$42,595
Frederick T Himmelein Esq (Chairman)	$20,000	$0	$0
Harry R Brown (Director)	$17,000	$0	$0
Renee R Brooks (Director)	$14,000	$0	$0
Neil E Grayson Esq (Director)	$14,000	$0	$0
J Thornton Kirby Esq (Treasurer)	$10,000	$0	$0
Barbara F Weston (Director)	$10,000	$0	$0
D Grant Carwile Esq (Director Through 12 31 15)	$10,000	$0	$0
Fred L Green Iii (Director)	$10,000	$0	$0
Jeffrey R Scott (Director)	$10,000	$0	$0
William M Mackie Jr (Vice Chairman Through 12 4 15)	$7,000	$0	$0
D Grant Carwile Esq (Executive Vp 1 1 16)	$0	$0	$0
Donna Dewispelaere (President/Ceo/Campus Partn)	$0	$149,242	$8,528

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990

Filed on Feb. 10, 2017

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2015

Revenue

$98,633,493

Expenses

$75,488,161

Net Income

$23,145,332

Net Assets

$539,162,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$95,927,639	97.3%
Investment Income	$1,406,065	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,299,789	1.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,056,869	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,754,002	8.9%

Assets/Debt
Total Assets	$2,769,389,013
Total Liabilities	$2,230,226,712
Net Assets	$539,162,301

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (President/Ceo)	$512,135	$0	$136,348
David Simon (Cio)	$167,068	$0	$34,436
Jane Honeycutt (Cfo Effective 7 1 14)	$163,075	$0	$39,424
Harry Brown (Cfo 1 1 14 To 6 30 14)	$131,091	$0	$47,264
Cindi Callaham (Risk Management Director)	$130,977	$0	$32,423
Wayne Kirby Retired 6 30 14 (It Operations Mgr)	$127,858	$0	$44,090
Anne Harvin Gavin (Svp)	$125,888	$0	$38,998
Denise Easterling (Vp, Repay Services)	$115,559	$0	$33,152
Donna Weathersbee (Hr Director)	$111,574	$0	$24,726
Frederick T Himmelein Esq (Chairman)	$17,500	$0	$0
J Thornton Kirby Esq (Treasurer)	$11,000	$0	$0
Renee R Brooks (Director)	$9,500	$0	$0
William M Mackie Jr (Vice Chairman)	$7,500	$0	$0
Fred L Green Iii (Director)	$7,500	$0	$0
Jeffrey R Scott (Director)	$7,500	$0	$0
D Grant Carwile Esq (Director)	$7,500	$0	$0
Barbara F Weston (Director)	$7,000	$0	$0
Neil E Grayson Esq (Director)	$6,500	$0	$0
Vince Ford Term Ended 6 30 14 (Director)	$2,000	$0	$0
Harry Brown (Director Effective 7 1 14)	$0	$0	$0
Donna Dewispelaere (President/Ceo/Campus Partn)	$0	$296,999	$2,773

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990

Filed on Nov. 24, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2014

Revenue

$101,443,785

Expenses

$79,745,074

Net Income

$21,698,711

Net Assets

$517,401,318

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$100,719,275	99.3%
Investment Income	$672,664	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$26,964	0.0%
Net Fundraising	$0
Sales of Assets	$24,882	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$987,359	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,689,602	9.6%

Assets/Debt
Total Assets	$2,784,777,618
Total Liabilities	$2,267,376,300
Net Assets	$517,401,318

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie C Sanders Jr (President/Ceo)	$425,988	$0	$95,658
Harry Brown (Cfo)	$176,077	$0	$30,146
David Simon (Cio)	$145,912	$0	$42,236
Jane Honeycutt (Vp Accounting)	$144,641	$0	$38,420
Anne Harvin Gavin (Svp)	$124,911	$0	$23,986
Frederick T Himmelein Esq (Chairman)	$13,000	$0	$0
William M Mackie Jr (Vice Chairman)	$7,000	$0	$0
J Thornton Kirby Esq (Treasurer)	$6,000	$0	$0
Jeffrey R Scott (Director)	$6,000	$0	$0
Barbara F Weston (Director)	$5,500	$0	$0
Renee R Brooks (Director)	$5,500	$0	$0
Neil E Grayson Esq (Director)	$4,000	$0	$0
Fred L Green Iii (Director)	$3,000	$0	$0
Jason R Caskey (Director)	$3,000	$0	$0
Vince V Ford (Director)	$2,000	$0	$0
D Grant Carwile Esq (Director)	$0	$0	$0
Donna Dewispelaere (President/Ceo/Campus Partners)	$0	$258,793	$3,210
Donald Day 7 1 To 7 21 14 (Lead For Data Solutions)	$0	$125,963	$10,863
Andrew Ramos 7 1 To 2 4 14 (Director Of It Operations)	$0	$137,616	$20,740

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990

Filed on Feb. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2013

Revenue

$116,474,770

Expenses

$106,722,452

Net Income

$9,752,318

Net Assets

$494,371,028

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,193,491	18.2%
Program Services	$92,239,980	79.2%
Investment Income	$3,445,952	3.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$404,653
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$624,844	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$10,396,264	9.7%

Assets/Debt
Total Assets	$3,069,867,841
Total Liabilities	$2,575,496,813
Net Assets	$494,371,028

990

Filed on April 3, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2012

Revenue

$105,802,184

Expenses

$86,904,956

Net Income

$18,897,228

Net Assets

$482,394,998

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$27,113,745	25.6%
Program Services	$78,310,997	74.0%
Investment Income	$745,261	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$367,819
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$510,145	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,169,608	4.8%

Assets/Debt
Total Assets	$3,427,376,321
Total Liabilities	$2,944,981,323
Net Assets	$482,394,998

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

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

990

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

South Carolina Student Loan Corporation

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $65M (2024)

Expenses $47.6M (2024)

Total Assets $941M (2024)

Total Liabilities $324M (2024)

Tax Filings and Audits by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

Revenue

$65M (2024)

Expenses

$47.6M (2024)

Total Assets

$941M (2024)

Total Liabilities

$324M (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001