North Bend Student Loan Fund
- Assets
- $389.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Bend, OR
- Founding
- Data as of
- 12/2016
- EIN
- 93-0677588
Organization Overview
North Bend Student Loan Fund is located in North Bend, OR. North Bend Student Loan Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2016, North Bend Student Loan Fund generated $15.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $4.2k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO PROVIDE COLLEGE LOANS TO STUDENTS FROM NORTH BEND HIGH SCHOOL, HELPING THEM ENTER COLLEGE OR FURTHER THEIR EDUCATION.THE LOAN FUNDS ARE REPAID ONCE GRADUATED AND THE PROCEEDS USED TO MAKE FURTHER LOANS TO OTHERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Collicot Treasurer | 3 | $0 | |
Lee Golder Vice President | 2 | $0 | |
Butch Schroeder President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,572 |
| Membership dues | $0 |
| Investment income | $6,263 |
| Gain or Loss | $982 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,817 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19 |
| Other expenses | $3,398 |
| Total expenses | $4,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,037 |
| Other assets | $0 |
| Total assets | $389,141 |
| Total liabilities | $7,356 |
| Net assets or fund balances | $381,785 |
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