Texas Guaranteed Student Loan Corporation

Trellis Company

Round Rock, TX
Tax-exempt since Oct. 1980
EIN: 74-2094204

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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.

Revenue

$64.6M (2023)

Expenses

$38.6M (2023)

Total Assets

$487M (2023)

Total Liabilities

$297M (2023)

Source: Form 990 tax filings from 2011 to 2023

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 Sept.
2023

Revenue

$64,584,806

Expenses

$38,628,600

Net Income

$25,956,206

Net Assets

$190,210,477

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$57,275,605	88.7%
Program Services	$4,388,195	6.8%
Investment Income	$4,083,530	6.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,264,304
Net Inventory Sales	$0
Other Revenue	$101,780	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,731,709	9.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$20,314,657	52.6%

Assets/Debt
Total Assets	$486,855,414
Total Liabilities	$296,644,937
Net Assets	$190,210,477

Compensation

Key Employees and Officers	Compensation	Related	Other
Debra J Chromy (President/Ceo)	$578,851	$0	$57,943
Timothy J Fournier (Chief Operating Officer)	$455,698	$0	$65,165
David S Schwanke (Cfo)	$302,958	$0	$64,581
Bryan M Ashton (Chief Strategy And Growth Officer)	$270,037	$0	$36,627
James E Zimmerman (Vp, Information Technology)	$258,231	$0	$63,216
Susan G High (Vp, Operations)	$237,323	$0	$59,835
Gregory H Dickenson (General Counsel)	$224,308	$0	$47,452
Linda S Hackleman (Vp, Human Resources)	$219,853	$0	$55,960
John A Seibert (Ombudsman (Until 10/2022))	$214,278	$0	$36,158
Jason Michael Sweeney (Director, Strategic Initiatives)	$207,001	$0	$37,417
Jeff J Webster (Director, Research)	$196,836	$0	$46,175
Chandrika M Padaki (Director, It Shared Svcs)	$192,132	$0	$47,438
Sara T Rambikur (Director, Compliance)	$186,522	$0	$31,902
Danen T Shiek (Former Vp, Sales)	$157,407	$0	$26,550
Donna M Fritz (Former Vp,Marketing & Communications)	$101,935	$0	$13,871
Richard Rhodes (Board Member)	$58,096	$0	$0
Renard Johnson (Board Member)	$48,414	$0	$0
Edward Escudero (Board Member)	$45,169	$0	$0
Yvonne Batts (Board Member)	$45,169	$0	$0
Dora Ann Verde (Board Member)	$45,169	$0	$0
Ivan Andarza (Board Member)	$38,731	$0	$0
Welcome Wilson Jr (Board Member)	$38,731	$0	$0
Dennis Moroney (Board Member)	$38,731	$0	$0

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990

Filed on Aug. 14, 2024

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Audits

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

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Fiscal Year Ending Sept.
2022

Revenue

$75,038,315

Expenses

$212,423,732

Net Income

-$137,385,417

Net Assets

$167,380,155

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$51,123,375	68.1%
Program Services	$11,890,367	15.8%
Investment Income	$6,718,245	9.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,306,328	7.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,023,975	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,267,804	11.4%

Assets/Debt
Total Assets	$494,410,449
Total Liabilities	$327,030,294
Net Assets	$167,380,155

Compensation

Key Employees and Officers	Compensation	Related	Other
Renard Johnson (Board Member/Evp 2021)	$388,414	$0	$0
Debra J Chromy (President/Ceo)	$339,780	$0	$36,821
James E Zimmerman (Vp/Information Technology)	$253,086	$0	$62,931
Donna M Fritz (Vp/Mark & Comm (To 5/2022))	$251,113	$0	$57,232
Susan G High (Vp/Operations)	$233,791	$0	$57,014
Audrey Webb (Director/It Shared Svcs (To 12/2021))	$222,392	$0	$47,926
Danen T Shiek (Vp/Sales (To 2/2022))	$219,136	$0	$59,007
Gregory H Dickenson (General Counsel)	$218,036	$0	$52,969
Bryan M Ashton (Vp/Comm Invst & Govt Affa)	$214,712	$0	$37,261
Linda S Hackleman (Vp/Human Resources)	$204,427	$0	$54,384
Timothy J Fournier (Chief Operating Officer)	$193,048	$0	$26,343
Jeff J Webster (Director/Research)	$189,461	$0	$46,153
Steven R Smith (Director/Student Success Initiatives)	$179,315	$0	$39,092
Joel B Wilson (Director/Info Security Officer)	$176,012	$0	$30,105
Shelia Dunlap (Director/Operations)	$173,884	$0	$38,648
Chandrika M Padaki (Director/It Shared Svcs)	$161,266	$0	$44,064
Richard Rhodes (Board Member)	$58,096	$0	$0
Edward Escudero (Board Member)	$45,169	$0	$0
Yvonne Batts (Board Member)	$45,169	$0	$0
Dora A Verde (Board Member)	$45,169	$0	$0
Ivan Andarza (Board Member)	$38,731	$0	$0
Welcome Wilson Jr (Board Member)	$38,731	$0	$0
Dennis Moroney (Board Member)	$38,731	$0	$0
David S Schwanke (Cfo (Beg 3/2022))	$0	$0	$0

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990

Filed on Aug. 14, 2023

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audits

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

PDF

Fiscal Year Ending Sept.
2021

Revenue

$132,060,049

Expenses

$143,871,157

Net Income

-$11,811,108

Net Assets

$372,787,984

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$71,089,172	53.8%
Program Services	$37,176,187	28.2%
Investment Income	$6,390,621	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$313,325	0.2%
Net Fundraising	$0
Sales of Assets	$17,090,744	12.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,367,469	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,697,688	17.2%

Assets/Debt
Total Assets	$787,960,851
Total Liabilities	$415,172,867
Net Assets	$372,787,984

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Giles (President/Ceo (To 1/21))	$620,145	$0	$65,368
Donna M Fritz (Vp/Mktg & Comms)	$242,855	$0	$65,534
James E Zimmerman (Vp/Information Tech)	$240,913	$0	$82,076
Susan G High (Vp/Operations)	$225,467	$0	$53,823
Danen T Shiek (Vp/Sales)	$219,865	$0	$65,943
Gregory H Dickenson (General Counsel)	$206,079	$0	$57,012
Bryan M Ashton (Vp/Comm Invst & Govt Affa)	$203,451	$0	$41,944
Audrey Webb (Director/It Shared Serv (To 12/21))	$197,453	$0	$49,643
Linda S Hackleman (Vp/Human Resources)	$197,027	$0	$52,430
Jeff J Webster (Director/Research)	$182,665	$0	$45,969
Steven Ray Smith (Director/Ssi)	$171,317	$0	$34,976
Shelia Dunlap (Director/Customer Support)	$169,050	$0	$36,045
Sharon A Allen (Director/Hr)	$168,177	$0	$31,897
Matthew R Steiner (Director/Corp Analytics)	$156,837	$0	$53,807
Keith A Eckellkamp (Vp/Controller (To 9/21))	$153,647	$0	$41,462
Michael A Culligan (Tech Consultant)	$143,990	$0	$52,338
Edward Escudero (Board Member)	$58,096	$0	$0
Richard Rhodes (Board Member)	$48,414	$0	$0
Yvonne Batts (Board Member)	$45,169	$0	$0
Ivan Andarza (Board Member)	$45,169	$0	$0
Welcome Wilson Jr (Board Member)	$45,169	$0	$0
Dora Ann Verde (Board Member)	$38,731	$0	$0
Renard Johnson (Board Member)	$38,731	$0	$0
Dennis Moroney (Board Member)	$38,731	$0	$0

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990

Filed on Aug. 15, 2022

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Audits

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

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Fiscal Year Ending Sept.
2020

Revenue

$81,205,544

Expenses

$49,063,662

Net Income

$32,141,882

Net Assets

$369,334,564

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$61,507,334	75.7%
Program Services	$9,824,097	12.1%
Investment Income	$7,825,641	9.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$596,454	0.7%
Net Fundraising	$0
Sales of Assets	$1,453,273	1.8%
Net Inventory Sales	$0
Other Revenue	-$1,255

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,257,246	6.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$21,193,461	43.2%

Assets/Debt
Total Assets	$834,850,759
Total Liabilities	$465,516,195
Net Assets	$369,334,564

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott D Giles (President/Ceo)	$567,360	$0	$58,897
Donna M Fritz (Vp/Marketing)	$242,225	$0	$47,078
James E Zimmerman (Vp/Information Tech)	$239,442	$0	$59,680
Susan G High (Vp/Operations)	$223,579	$0	$49,094
Gregory H Dickenson (General Counsel)	$212,452	$0	$51,869
Linda S Hackleman (Vp/Human Resources)	$199,559	$0	$45,584
Bryan M Ashton (Vp/Comm Invest & Govt Affairs)	$198,181	$0	$41,206
Audrey Webb (Director/It Shared Serv)	$194,557	$0	$46,371
Nicole S Gilger (Vp, Controller (To 1/20))	$193,907	$0	$39,392
Jeff J Webster (Director/Research)	$179,067	$0	$45,220
Selma Peralez (Director/Compliance (To 2/20))	$175,153	$0	$40,430
Mark J Zarsky (Former Officer (To 01/18))	$174,264	$0	$0
Shelia Dunlap (Director/Operations)	$173,043	$0	$30,430
Sharon Allen (Director/H R)	$168,917	$0	$34,764
Steven Ray Smith (Director/Ssi)	$165,929	$0	$31,897
Mary O Negrete (Former Officer (To 01/18))	$158,661	$0	$0
Edward Escudero (Board Member)	$58,096	$0	$0
Richard Rhodes (Board Member)	$48,414	$0	$0
Yvonne Batts (Board Member)	$45,169	$0	$0
Ivan Andarza (Board Member)	$45,169	$0	$0
Welcome Wilson Jr (Board Member)	$45,169	$0	$0
Dora Ann Verde (Board Member)	$38,731	$0	$0
Renard Johnson (Board Member)	$38,731	$0	$0
Dennis Moroney (Board Member)	$38,731	$0	$0
Keith Eckelkamp (Vp/Controller)	$0	$0	$0

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990

Filed on Aug. 15, 2021

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Audits

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

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Fiscal Year Ending Sept.
2019

Revenue

$105,235,381

Expenses

$47,045,760

Net Income

$58,189,621

Net Assets

$749,113,603

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$90,375,549	85.9%
Program Services	$5,028,168	4.8%
Investment Income	$13,463,145	12.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$570,699	0.5%
Net Fundraising	$0
Sales of Assets	-$4,201,400
Net Inventory Sales	$0
Other Revenue	-$780

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,906,206	6.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$21,912,862	46.6%

Assets/Debt
Total Assets	$781,073,412
Total Liabilities	$31,959,809
Net Assets	$749,113,603

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott D Giles (President/Ceo)	$573,483	$0	$56,326
James Patterson To 0417 (Former Officer)	$350,000	$0	$0
Maria Ryan To 319 (Vp, Controller)	$307,744	$0	$73,206
James E Zimmerman (Vp/Information Tech)	$267,643	$0	$78,844
Donna M Fritz (Vp/Marketing)	$228,196	$0	$58,776
Bryan M Ashton (Vp/Comm Invest & Govt Affairs)	$225,704	$0	$50,296
Audrey Webb (Director/It Shared Serv)	$220,693	$0	$57,879
Gregory H Dickenson (Interim General Counsel)	$219,172	$0	$80,797
Mark J Zarsky To 0118 (Former Officer)	$210,047	$0	$7,096
Susan G High (Vp/Operations)	$204,262	$0	$58,723
Linda S Hackleman (Vp/Human Resources)	$199,487	$0	$63,060
Nicole S Gilger (Vp, Controller)	$189,877	$0	$19,449
Mary O Negrete To 0118 (Former Officer)	$188,995	$0	$4,715
Jeff J Webster (Director/Research)	$175,150	$0	$43,560
Brian W Gilbert (Director/Comm & Mrktg)	$160,904	$0	$45,991
Matthew R Steiner (Director/Corp Analytics)	$160,176	$0	$43,431
George C Torres To 1218 (Sr. Advisor To Pres)	$159,627	$0	$35,078
Sheila Dunlap (Director/Operations)	$152,260	$0	$27,085
Renard Johnson (Board Member/Interim Ceo)	$131,053	$0	$300
Yvonne Batts (Board Member)	$58,096	$0	$0
Richard Rhodes (Board Member)	$48,414	$0	$0
Ivan Andarza (Board Member)	$45,169	$0	$0
Dora Ann Verde (Board Member)	$45,169	$0	$0
Edward Escudero (Board Member)	$45,169	$0	$0
Welcome Wilson Jr (Board Member)	$38,731	$0	$0
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990

Filed on Aug. 17, 2020

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audits

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

PDF

Fiscal Year Ending Sept.
2018

Revenue

$107,711,297

Expenses

$52,180,427

Net Income

$55,530,870

Net Assets

$659,213,825

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$88,662,411	82.3%
Program Services	$7,653,401	7.1%
Investment Income	$10,855,644	10.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$564,314	0.5%
Net Fundraising	$0
Sales of Assets	-$39,979
Net Inventory Sales	$0
Other Revenue	$15,506	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,685,438	7.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$25,826,175	49.5%

Assets/Debt
Total Assets	$697,614,088
Total Liabilities	$38,400,263
Net Assets	$659,213,825

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul M Bedell To 0417 (Former Officer)	$664,383	$0	$38,120
Kara J Thompson To 1217 (Chief Strategy & Risk Off)	$556,319	$0	$56,886
Nanci Tucker To 0417 (Former Officer)	$442,406	$0	$10,069
James Patterson To 0417 (Former Officer)	$417,278	$0	$21,523
Maria Ryan (Vp/Controller)	$410,767	$0	$57,561
Mark J Zarsky To 0118 (Cfo)	$378,566	$0	$50,322
Renard Johnson (Board Member/Interim Ceo)	$335,780	$0	$1,716
Mary O Negrete To 0118 (Chief Hr Officer)	$332,384	$0	$50,707
Donna M Fritz (Vp/Marketing)	$284,105	$0	$45,808
Bryan M Ashton (Vp/Comm Invest & Govt Affairs)	$273,697	$0	$40,451
James E Zimmerman (Vp/Information Tech)	$254,607	$0	$52,206
Phillip E Cervin To 0317 (Vp/Collections)	$249,852	$0	$11,115
Susan G High (Vp/Operations)	$203,741	$0	$40,815
Carolyn C Ferguson To 1217 (Internal Audit Director)	$187,564	$0	$45,267
Audrey Webb (Director/It Shared Serv)	$184,569	$0	$43,803
Gregory H Dickenson (Interim General Counsel)	$179,451	$0	$53,657
Jeff J Webster (Director/Research)	$175,150	$0	$43,560
Brian W Gilbert (Director/Comm & Mrktg)	$160,904	$0	$45,991
Matthew R Steiner (Director/Corp Analytics)	$160,176	$0	$43,430
George C Torres (Sr. Advisor To Pres)	$159,627	$0	$35,078
James B Bradley To 1217 (Manager/Ciso)	$155,323	$0	$30,035
Sheila Dunlap (Director/Operations)	$152,260	$0	$27,085
Yvonne Batts (Board Member)	$58,096	$0	$0
Ivan Andarza (Board Member)	$45,169	$0	$0
Richard Rhodes (Board Member)	$45,169	$0	$0
See filing for compensation of 5 other people →

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990

Filed on Aug. 15, 2019

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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PDF (2 of 2)

Audits

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

PDF

Fiscal Year Ending Sept.
2017

Revenue

$120,994,289

Expenses

$172,447,133

Net Income

-$51,452,844

Net Assets

$608,732,208

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$95,917,302	79.3%
Program Services	$7,522,153	6.2%
Investment Income	$11,343,833	9.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$316,824	0.3%
Net Fundraising	$0
Sales of Assets	$5,894,061	4.9%
Net Inventory Sales	$0
Other Revenue	$116	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$7,246,550	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$26,155,554	15.2%

Assets/Debt
Total Assets	$758,732,215
Total Liabilities	$150,000,007
Net Assets	$608,732,208

Compensation

Key Employees and Officers	Compensation	Related	Other
James Patterson To 41817 (President/Ceo)	$781,407	$0	$40,607
Paul M Bedell To 41817 (Chief Operating Officer)	$546,909	$0	$49,273
Mark J Zarsky (Cfo)	$383,128	$0	$29,912
Kara J Thompson (Chief Strategy & Risk Off)	$349,460	$0	$31,625
Mary O Negrete (Chief Hr Officer)	$342,325	$0	$32,183
Maria Ryan (Vp/Controller)	$254,176	$0	$33,653
Phillip E Cervin To 3617 (Vp/Collections)	$251,452	$0	$47,837
James E Zimmerman (Vp/Information Tech)	$234,387	$0	$46,387
Calvin H Abbott (Vp/Portfolio Mgmt)	$224,679	$0	$36,994
Donna Fritz (Vp/Marketing)	$208,640	$0	$31,308
Gregory H Dickenson (Secretary & Senior Counsel)	$206,855	$0	$38,875
Susan G High (Director/Collections)	$186,876	$0	$35,143
Audry Webb (Director/It Shared Serv)	$185,882	$0	$25,429
James B Bradley (Manager/Ciso)	$177,598	$0	$35,818
Christopher Scott To 111016 (Program Director)	$176,186	$0	$29,653
Carolyn C Ferguson (Internal Audit Director)	$176,099	$0	$41,172
Jeff J Webster (Director/Research)	$170,127	$0	$25,223
Bryan W Gilbert (Director/Comm & Mrktg)	$156,400	$0	$29,545
George C Torres (Sr. Advisor To Pres Clr)	$154,520	$0	$34,771
Shelia Dunlap (Director/Guarantor Services)	$153,085	$0	$24,638
John M Sutton (Manager/Corporate Svcs)	$146,750	$0	$27,934
Yvonne Batts (Board Member)	$70,199	$0	$0
Ivan Andarza (Board Member)	$59,693	$0	$0
Renard Johnson (Board Member/Interim Ceo)	$58,096	$0	$0
Dora Ann Verde (Board Member)	$56,461	$0	$0
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990

Filed on Aug. 14, 2018

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

View Filing

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audits

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

PDF

Fiscal Year Ending Sept.
2016

Revenue

$253,180,115

Expenses

$61,749,185

Net Income

$191,430,930

Net Assets

$659,373,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$110,755,986	43.7%
Program Services	$131,805,368	52.1%
Investment Income	$10,410,111	4.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$192,597	0.1%
Net Fundraising	$0
Sales of Assets	$1,848	0.0%
Net Inventory Sales	$0
Other Revenue	$14,205	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,482,958	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$30,203,115	48.9%

Assets/Debt
Total Assets	$701,487,433
Total Liabilities	$42,114,330
Net Assets	$659,373,103

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
James Patterson (President/Ceo)	$544,185	$0	$81,731
Sue C Mc Millin To 12315 (President/Ceo)	$439,361	$0	$723
Deanne Varner (Chief Ethics Off/Gen Coun)	$365,172	$0	$53,904
Paul M Bedell (Chief Operating Officer)	$334,638	$0	$28,609
Mark J Zarsky (Cfo)	$330,741	$0	$47,190
Mary O Negrete (Chief Hr Officer)	$316,172	$0	$47,112
Lloyd Dodge To 103015 (Svp Ffelp Operations)	$306,574	$0	$34,098
Kara J Thompson (Chief Strategy & Risk Off)	$304,259	$0	$49,744
Kim M Alexander To 41515 (Vp/Customer Relations)	$249,941	$0	$3,011
Phillip E Cervin (Vp/Collections)	$239,070	$0	$52,151
Carol N Lindsey To 41515 (Vp/Policy & Compliance)	$224,657	$0	$3,601
Calvin H Abbott (Vp/Portfolio Mgmt)	$219,142	$0	$41,590
James E Zimmerman (Vp/Information Tech)	$211,725	$0	$48,255
Rinn D Harper To 41515 (Vp/Operations)	$211,214	$0	$6,145
Jacob Fraire To 1816 (Vp/Philanthropy)	$199,057	$0	$52,117
Maria Ryan (Vp/Controller)	$194,724	$0	$31,402
Susan G High (Director/Collections)	$183,063	$0	$39,112
George C Torres (Sr. Advisor To Pres Clr)	$175,927	$0	$39,880
Jeff J Webster (Director/Research)	$174,910	$0	$29,102
James B Bradley (Manager/Ciso)	$169,888	$0	$44,094
Samuel W Wilson (Prog. Mgr./Coaching Serv)	$166,160	$0	$26,762
Shelia Dunlap (Director/Ffelp Operations)	$161,217	$0	$29,691
Joseph J Potter To 12716 (Director/Default Recovery)	$159,445	$0	$45,084
John M Sutton (Manager/Corporate Svcs)	$156,469	$0	$34,486
John R Zanot To 41515 (Vp/Marketing & Prod. Mgmt)	$156,354	$0	$7,356
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990

Filed on Aug. 14, 2017

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audits

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

PDF

Fiscal Year Ending Sept.
2015

Revenue

$155,207,147

Expenses

$71,117,581

Net Income

$84,089,566

Net Assets

$456,001,325

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$137,607,922	88.7%
Program Services	$6,845,308	4.4%
Investment Income	$10,482,022	6.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$93,698	0.1%
Net Fundraising	$0
Sales of Assets	$16,605	0.0%
Net Inventory Sales	$0
Other Revenue	$161,592	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,851,283	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$41,994,938	59.1%

Assets/Debt
Total Assets	$632,613,846
Total Liabilities	$176,612,521
Net Assets	$456,001,325

Compensation

Key Employees and Officers	Compensation	Related	Other
Sue C Mc Millin To 12315 (President/Ceo)	$523,798	$0	$31,948
James Patterson (President/Ceo)	$306,104	$0	$36,310
Deanne Varner (Svp/Gen.Coun/Chief Ethics)	$299,658	$0	$31,051
Lloyd Dodge (Svp/ Info Tech & Cio)	$282,565	$0	$26,574
Kim M Alexander To 41515 (Vp/Customer Relations)	$209,732	$0	$25,521
Phillip E Cervin (Vp/Collections)	$202,538	$0	$37,948
Carol N Lindsey To 41515 (Vp/Policy & Compliance)	$195,410	$0	$29,490
Mary O Negrete (Avp/Human Resources)	$190,056	$0	$25,618
Mark J Zarsky (Cfo)	$186,090	$0	$23,057
Calvin H Abbott (Avp/Portfolio Manager)	$184,563	$0	$30,674
Rinn D Harper To 41515 (Vp/Operations)	$182,947	$0	$31,106
John R Zanot To 41515 (Vp/Marketing & Prod. Mgmt)	$182,919	$0	$38,603
Jacob Fraire (Vp/Sis)	$180,698	$0	$38,022
James E Zimmerman (Avp/Technology Services)	$175,650	$0	$36,256
William Loveall To 41615 (Avp/Apmo)	$171,425	$0	$26,868
Kara J Thompson (Avp/Strategic Planning)	$168,657	$0	$26,404
Chance R Watson To 112114 (Chief Audit Executive)	$166,066	$0	$17,866
Joseph J Potter (Avp/Default Recovery)	$160,417	$0	$29,295
Susan G High (Avp/Collections)	$155,251	$0	$29,312
Jeff J Webster (Avp/Research)	$146,732	$0	$19,392
James B Bradley (Avp/Ciso)	$146,214	$0	$35,871
Kevin G Struckhoff To 41615 (Avp/Relationship Mgmt Con)	$145,144	$0	$35,221
Samuel W Wilson (Avp/Cust Supp & Reporting)	$144,819	$0	$18,023
George C Torres (Avp/Sap Clr)	$143,707	$0	$29,293
Ivan Andarza (Board Member)	$0	$0	$0
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990

Filed on Aug. 10, 2016

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2014

Revenue

$153,137,942

Expenses

$97,563,560

Net Income

$55,574,382

Net Assets

$375,010,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$138,785,035	90.6%
Program Services	$4,389,331	2.9%
Investment Income	$9,922,982	6.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$39,917	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$677	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,872,275	2.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$40,811,616	41.8%

Assets/Debt
Total Assets	$581,327,226
Total Liabilities	$206,316,629
Net Assets	$375,010,597

Compensation

Key Employees and Officers	Compensation	Related	Other
Sue C Mc Millin (President/Ceo)	$539,794	$0	$58,187
James Patterson (Svp/Finance & Admin.)	$316,499	$0	$48,856
Deanne Varner (Svp/Gen.Coun/Chief Ethics)	$310,704	$0	$43,202
Lloyd Dodge (Svp/ Info Tech & Cio)	$290,930	$0	$37,936
Kim M Alexander (Vp/Customer Relations)	$212,263	$0	$36,042
Phillip E Cervin (Vp/Collections)	$200,240	$0	$42,615
Mary O Negrete (Avp/Human Resources)	$193,923	$0	$28,594
John R Zanot (Vp/Marketing & Prod. Mgmt)	$187,760	$0	$42,744
Carol N Lindsey (Vp/Policy & Compliance)	$187,545	$0	$32,747
Mark J Zarsky (Avp/Controller)	$187,163	$0	$33,249
Calvin H Abbott (Avp/Portfolio Manager)	$187,116	$0	$35,153
Rinn D Harper (Vp/Operations)	$186,937	$0	$36,630
Jacob Fraire (Vp/Sis)	$181,360	$0	$42,422
James E Zimmerman (Avp/Technology Services)	$178,289	$0	$40,193
William Loveall (Avp/Apmo)	$174,021	$0	$31,454
Kara J Thompson (Avp/Strategic Planning)	$165,014	$0	$30,445
Chance R Watson (Chief Audit Executive)	$160,902	$0	$23,849
Susan G High (Avp/Collections)	$155,145	$0	$33,042
Jeff J Webster (Avp/Research)	$149,849	$0	$23,097
James B Bradley (Avp/Ciso)	$149,367	$0	$36,991
Kevin G Struckhoff (Avp/Relationship Mgmt Con)	$147,646	$0	$38,567
Samuel W Wilson (Avp/Cust Supp & Reporting)	$146,576	$0	$22,323
George C Torres (Avp/Sap Clr)	$145,828	$0	$32,657
Yvonne Batts (Board Member)	$0	$0	$0
Fh Landis (Board Member)	$0	$0	$0
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990

Filed on Aug. 3, 2015

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2013

Revenue

$165,185,251

Expenses

$376,005,403

Net Income

-$210,820,152

Net Assets

$324,146,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$143,412,819	86.8%
Program Services	$3,080,909	1.9%
Investment Income	$18,503,472	11.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$19,951	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$168,100	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,501,225	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$41,144,229	10.9%

Assets/Debt
Total Assets	$551,186,743
Total Liabilities	$227,040,516
Net Assets	$324,146,227

990

Filed on Oct. 17, 2014

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2012

Revenue

$254,457,496

Expenses

$165,940,085

Net Income

$88,517,411

Net Assets

$558,361,991

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$230,031,273	90.4%
Program Services	$1,926,242	0.8%
Investment Income	$22,472,348	8.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,501	0.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$13,132	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,293,221	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$38,398,356	23.1%

Assets/Debt
Total Assets	$839,348,071
Total Liabilities	$280,986,080
Net Assets	$558,361,991

990

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2011

Revenue

$139,728,743

Expenses

$117,521,556

Net Income

$22,207,187

Net Assets

$478,532,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$114,076,833	81.6%
Program Services	$854,453	0.6%
Investment Income	$24,570,213	17.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,990	0.0%
Net Fundraising	$0
Sales of Assets	-$5,651
Net Inventory Sales	$0
Other Revenue	$217,905	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,270,629	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,036,651	31.5%

Assets/Debt
Total Assets	$835,486,221
Total Liabilities	$356,953,275
Net Assets	$478,532,946

990

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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

PDF

Fiscal Year Ending Sept.
2002

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

990

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

PDF

Fiscal Year Ending Sept.
2001

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

990

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

PDF

PDF (2 of 2)

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

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 October 30, 2024

Texas Guaranteed Student Loan Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $64.6M (2023)

Expenses $38.6M (2023)

Total Assets $487M (2023)

Total Liabilities $297M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audits

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Revenue

$64.6M (2023)

Expenses

$38.6M (2023)

Total Assets

$487M (2023)

Total Liabilities

$297M (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001