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Organizations Education Loan Repayment Assistance Foundation

Loan Repayment Assistance Foundation

Fiscal year ending 2023. Filed on April 19, 2024.

1011 Warrenville Rd - Suite 100
Suite 100
Lisle, Illinois 60532

Loan Repayment Assistance Foundation (EIN: 26-1782451), also known as Ardeo Education Foundation, has filed an IRS Form 990 between fiscal years 2021 and 2023. In its fiscal year 2023 IRS Form 990 filing, Loan Repayment Assistance Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $189,630. The highest compensated employee at Loan Repayment Assistance Foundation is Christopher Paetsch with fiscal year 2023 compensation of $210,083.

Revenue, expenses, and employee compensation

Revenue

$779,236

Expenses

$812,027

Employee compensation

$10,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Christopher Paetsch
Secretary
$210,083
$0 $210,083 No other comp
Brooke Jungk
Treasurer and Director
$169,177
$0 $169,177 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carroll Stevens
President and Director
$10,000
$10,000 No related compNo other comp
Kurt Gerrild
Director
No compensation reported

Mission Statement

The primary purpose of the organization is to receive and administer funds to promote and provide loan repayment assistance programs for students, to raise funds for such programs, and assist other charitable organizations in the conduct of similar activities.

Revisions to this organization profile

April 19, 2024:
2023 Loan Repayment Assistance Foundation 990 filed
May 12, 2023:
2022 Loan Repayment Assistance Foundation 990 filed
May 13, 2022:
2021 Loan Repayment Assistance Foundation 990 filed

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