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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 2022. Filed on February 22, 2023.

5609 Crosslake Pkwy
Waco, Texas 76712

Brazos Education Loan Authority Inc (EIN: 20-3868073) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Brazos Education Loan Authority Inc, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $374,952. The highest compensated employee at Brazos Education Loan Authority Inc is Thomas Ben Litle with fiscal year 2022 compensation of $775,096.

Revenue, expenses, and employee compensation

Revenue

$48,416,543

Expenses

$38,501,714

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Ben Litle
President and Chief Executive Officer
$775,096
$0 $707,065 $68,031
Ricky Turman
Evp/Coo/Cfo/Treasurer
$664,951
$0 $593,678 $71,273
Kelli Uttech
Senior Vice President and General Counsel
$405,296
$0 $341,729 $63,567
Tammy Harralson
Controller
$291,988
$0 $234,378 $57,610
Darrell Brooks
Assistant Treasurer
$233,051
$0 $186,941 $46,110
Susan Davis
Secretary End: 06/21
$151,680
$0 $131,448 $20,232
Tiffany Jones
Secretary
$102,605
$0 $84,031 $18,574

Benchmark Employee Compensation

Non-Employee Board Members

Claude Ervin
Director
Clement Milam
Director
Dr Terry Maness
Director
Peter Kultgen
Director
Robert B Chambers
Director

Contractors

Rbc Capital Markets
Bond Underwriter
$6,199,030
Mccall Parkhurst Horton LLP
Legal
$279,000
Kutak Rock LLP
Legal
$195,000
Kpmg
Accounting Consult
$124,000

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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