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Organizations Education Brazos Education Funding Corporation Inc

Brazos Education Funding Corporation Inc

Fiscal year ending 2018. Filed on March 11, 2019.

2600 Washington Ave
Waco, Texas 76710

Brazos Education Funding Corporation Inc (EIN: 20-3870176) has filed an IRS Form 990 from fiscal year 2016–2018. In its fiscal year 2018 IRS Form 990 filing, Brazos Education Funding Corporation Inc, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $427,799. The highest compensated employee at Brazos Education Funding Corporation Inc is Murray Watson with fiscal year 2018 compensation of $1,140,869. Brazos Education Funding Corporation Inc changed its name from Brazos Education Funding Corporationinc in 2017.

Revenue, expenses, and employee compensation

Revenue

$4,985,651

Expenses

$3,763,300

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Murray Watson
President
$1,140,869
$0 $1,080,748 $60,121
Ricky Turman
Chief Financial Officer and Treasurer
$491,616
$0 $417,416 $74,200
Thomas Ben Litle
Executive Vice President and Chief Operating Officer
$486,834
$0 $427,380 $59,454
Kelli Villarrial
Vice President, Assoc. Gen. Counsel
$334,142
$0 $282,995 $51,147
Tammy Harralson
Controller
$239,835
$0 $195,999 $43,836
Darrell Brooks
Assistant Treasurer
$188,326
$0 $143,765 $44,561
Susan Davis
Secretary
$112,971
$0 $86,403 $26,568

Benchmark Employee Compensation

Non-Employee Board Members

Bob Chambers
Chair
Clement Milam
Director
Dr Charles E Madden
Director
Dr Terry Maness
Director
Larry Smith
Director
Mrs Jane Allen
Director
Mrs Joyce Packard
Director
Wilton Lanning
Vice Chair

Mission Statement

BRAZOS EDUCATION FUNDING CORPORATION, INC. (BEFC) IS A SECONDARY MARKET OF COLLEGE STUDENT LOANS UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP). BEFC'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

Revisions to this organization profile

March 11, 2019:
2018 Brazos Education Funding Corporation Inc 990 filed
February 9, 2018:
2017 Brazos Education Funding Corporation Inc 990 filed
February 9, 2017:
2016 Brazos Education Funding Corporation Inc 990 filed

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