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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 Northstar Education Finance Inc.

Northstar Education Finance Inc.

Fiscal year ending 2024. Filed on March 20, 2025.

9855 W 78th St 012
Eden Prairie, Minnesota 55344

Northstar Education Finance Inc. (EIN: 41-1961427) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Northstar Education Finance Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $94,741. The highest compensated employee at Northstar Education Finance Inc. is Taige Thornton with fiscal year 2024 compensation of $100,000.

Revenue, expenses, and employee compensation

Revenue

$68,106,847

Expenses

$66,966,127

Employee compensation

$371,126
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Taige Thornton
President
$100,000
$100,000 No related compNo other comp
Charles Osborne
Chief Financial Officer and Treasurer
$89,482
$89,482 No related compNo other comp
Greg Larson
Secretary
$0
Sarah Duniway
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

John Emerick
Chair
$37,500
$37,500 No related compNo other comp
Richard Harris
Director
$27,500
$27,500 No related compNo other comp
Clyde Nelson
Director
$27,500
$27,500 No related compNo other comp
Mary Rothchild
Board Member
$27,500
$27,500 No related compNo other comp
Elizabeth Anne Carrier Doran
Director (Retired) 12/2023
$18,500
$18,500 No related compNo other comp
Richard Nigon
Director
$17,750
$17,750 No related compNo other comp
David Reiling
Director
$16,250
$16,250 No related compNo other comp

Contractors

Nelnet Inc.
Management and Admin
$2,336,763
Nelnet Servicing LLC
Student Loan Servicing
$664,805
Windham Professionals Inc.
Private Loan Collection
$290,333
Rbc Capital Markets LLC
Broker/Dealer Fees
$254,486
Baker Tilly US LLP
Audit Tax and Professional
$114,725

Mission Statement

TO FOSTER, AID, ENCOURAGE AND ASSIST THE PURSUIT OF HIGHER EDUCATION BY REDUCING THE COST OF HIGHER EDUCATION THROUGH THE TOTAL HIGHER EDUCATION (THE) LOAN PROGRAM AND ADDITIONALLY THROUGH A GRANTS PROGRAM.

Revisions to this organization profile

March 20, 2025:
2024 Northstar Education Finance Inc. 990 filed
March 1, 2024:
2023 Northstar Education Finance Inc. 990 filed
February 28, 2023:
2022 Northstar Education Finance Inc. 990 filed

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