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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 Educationquest Foundation Inc.

Educationquest Foundation Inc.

Fiscal year ending 2024. Filed on July 23, 2025.

PO Box 82552
Lincoln, Nebraska 68501

Educationquest Foundation Inc. (EIN: 47-0606382) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Educationquest Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $233,207. The highest compensated employee at Educationquest Foundation Inc. is Elizabeth S Koop with fiscal year 2024 compensation of $430,322.

Revenue, expenses, and employee compensation

Revenue

$3,493,454

Expenses

$1,611,329

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elizabeth S Koop
President and Chief Executive Officer
$430,322
$0 $368,289 $62,033
Michael J Timmins
Cfo/Senior Vice President
$236,655
$0 $186,015 $50,640
Daphne Hall
Senior Vice President
$196,861
$0 $173,992 $22,869
Eric Drumheller
Vice President
$157,988
$0 $120,942 $37,046
Regan Anson
Assistant Vice President of Communicat
$144,208
$0 $115,375 $28,833

Benchmark Employee Compensation

Non-Employee Board Members

Craig Ames
Chair
$21,750
$0 $21,750 No other comp
Thomas Smith
Director
$20,500
$0 $20,500 No other comp
Kelly Leeper
Director
$13,750
$0 $13,750 No other comp
Michael Green
Director
$13,500
$0 $13,500 No other comp
Debbie Cooper
Director
$13,000
$0 $13,000 No other comp
Wendy Boyer
Director
$11,500
$0 $11,500 No other comp
Jennifer Strand
Director
$9,750
$0 $9,750 No other comp
Miguel Carranza
Director
$6,500
$0 $6,500 No other comp

Mission Statement

IMPROVING ACCESS TO HIGHER EDUCATION IN NEBRASKA. THE CORPORATION PARTICIPATES IN ACTIVITIES WHICH ADVANCE EDUCATION IN NEBRASKA INCLUDING THE ACQUISITION OF STUDENT LOAN PORTFOLIOS IN VARIOUS FORMS. THE IRS HAS DETERMINED PURSUANT TO A PRIVATE LETTER RULING DATED 3/31/98 THAT THIS ACTIVITY WILL FURTHER THE CORPORATION'S EXEMPT STATUS UNDER SECTION 501(C)(3).

Revisions to this organization profile

July 23, 2025:
2024 Educationquest Foundation Inc. 990 filed
May 22, 2024:
2023 Educationquest Foundation Inc. 990 filed
June 2, 2023:
2022 Educationquest Foundation Inc. 990 filed

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