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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 Public & Societal Benefit South Carolina Student Loan Corp.

South Carolina Student Loan Corp.

Fiscal year ending 2022. Filed on November 11, 2022.

PO Box 102405
Columbia, South Carolina 29224

South Carolina Student Loan Corp. (EIN: 57-0602805) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, South Carolina Student Loan Corp., a 501(c)(3) charitable organization, reported compensation for 8 out of 33 total employees. Among the employees shown here, the average compensation is $335,130. The highest compensated employee at South Carolina Student Loan Corp. is David A Simon III with fiscal year 2022 compensation of $831,277.

Revenue, expenses, and employee compensation

Revenue

$39,287,118

Expenses

$34,807,348

Employee compensation

$3,708,345
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David A Simon III
President and Chief Executive Officer
$831,277
$709,686 No related comp$121,591
Bill Bochette
Chief Financial Officer and Chief Operating Officer
$413,314
$350,366 No related comp$62,948
Marsha King
Vice President, Operations
$334,504
$206,453 No related comp$128,051
Ralph Jones
Vice President of LOAN Programs
$291,701
$208,389 No related comp$83,312
Michael Fox
Director of Outreach Through 3/4/22
$231,294
$135,467 No related comp$95,827
Gary Geddens
LOAN Specialitst
$219,455
$143,784 No related comp$75,671
Melanie Martin
Business Intelligence Analyst
$198,334
$133,274 No related comp$65,060
Jennifer Ridenhour
Secretary (Thru 9/10/2021)
$161,161
$128,227 No related comp$32,934

Benchmark Employee Compensation

Non-Employee Board Members

J Thornton Kirby, Esq
Chair
$30,000
$30,000 No related compNo other comp
Fred L Green III
Treasurer
$27,000
$27,000 No related compNo other comp
Jason Caskey
Director
$26,000
$26,000 No related compNo other comp
Neil E Grayson
Co-Vice Chair
$23,276
$23,276 No related compNo other comp
Gautam S Ghatnekar, Ph D, Dvm
Director
$21,142
$21,142 No related compNo other comp
A Neill Cameron Jr
Co-Vice Chair
$16,000
$16,000 No related compNo other comp
Willie Jeffries
Director
$16,000
$16,000 No related compNo other comp
Barbara F Weston
Director
$15,000
$15,000 No related compNo other comp
Charlie C Sanders Jr
Director
$14,000
$14,000 No related compNo other comp
Renee R Brooks
Director
$7,000
$7,000 No related compNo other comp

Contractors

Chernoff Newman LLC
Marketing
$312,662

Mission Statement

SCSLC AIDS IN THE FULFILLMENT OF THE DESIRE AND DIRECTION OF THE PEOPLE OF SOUTH CAROLINA IN MAKING LOANS AVAILABLE TO RESIDENTS TO ENABLE THEM TO ATTEND ELIGIBLE INSTITUTIONS WHICH ARE BEYOND THE PUBLIC-SCHOOL LEVEL. SCSLC IS ALSO EMPOWERED TO ACT AS AN AGENT FOR OTHER INSTITUTIONS AND FOUNDATIONS TO RECEIVE, INVEST, HANDLE AND DISBURSE FUNDS, AND TO SERVICE STUDENT LOANS, GUARANTEES OF STUDENT LOANS, INSURANCE OF STUDENT LOANS AND ACQUISITIONS OF CONTINGENT INTEREST IN STUDENT LOANS FOR OTHER PRIVATE, OR GOVERNMENTAL INSTITUTIONS AND FOUNDATIONS.

Revisions to this organization profile

November 13, 2024:
2024 South Carolina Student Loan Corp. 990 filed
November 14, 2023:
2023 South Carolina Student Loan Corp. 990 filed
November 11, 2022:
2022 South Carolina Student Loan Corp. 990 filed

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