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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Brazos Education Loan Authority Inc

Brazos Education Loan Authority Inc

Fiscal year ending 2019. Filed on January 31, 2020.

2600 Washington Ave
Waco, Texas 76710

Brazos Education Loan Authority Inc (EIN: 20-3868073) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Brazos Education Loan Authority Inc, a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $700,794. The highest compensated employee at Brazos Education Loan Authority Inc is Murray Watson with fiscal year 2019 compensation of $2,633,340.

Revenue, expenses, and employee compensation

Revenue

$91,653,461

Expenses

$88,304,830

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Murray Watson
President (End: 07/24/18)
$2,633,340
$0 $2,570,113 $63,227
Thomas Ben Litle
President and Chief Executive Officer
$510,750
$0 $446,793 $63,957
Ricky Turman
Evp/Coo/Cfo/Treasurer
$500,303
$0 $425,756 $74,547
Tammy Harralson
Controller
$249,043
$0 $201,472 $47,571
Darrell Brooks
Assistant Treasurer
$190,716
$0 $143,863 $46,853
Susan Davis
Secretary
$120,609
$0 $89,791 $30,818

Benchmark Employee Compensation

Non-Employee Board Members

Bob Chambers
Director
Claude Ervin
Director
Clement Milam
Chair
Dr Terry Maness
Director
Mrs Joyce Packard
Director
Peter Kultgen
Director
Tom Chase
Director

Contractors

Mayer Brown
Legal
$143,375

Mission Statement

BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

Revisions to this organization profile

May 1, 2025:
2024 Brazos Education Loan Authority Inc 990 filed
April 2, 2024:
2023 Brazos Education Loan Authority Inc 990 filed
February 22, 2023:
2022 Brazos Education Loan Authority Inc 990 filed

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