CONNECTICUT STUDENT LOAN FOUNDATION

EIN: 060812178 501(c)(3) Public & Societal Benefit

HARTFORD, CT

Total Revenue
$4,517,130
Total Expenses
$4,064,642
Total Assets
$57,846,276
Net Assets
$21,332,723
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
CT
Principal Officer
JEANETTE WELDON
Phone
8607618418
Tax Period
2024-07-01 to 2025-06-30

CONNECTICUT STUDENT LOAN FOUNDATION, founded in 1967, is a community nonprofit in the Public & Societal Benefit sector that reported $4.5M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $4.1M left a modest 10% surplus.

Mission

TO IMPROVE EDUCATIONAL OPPORTUNITY AND PROMOTE REPAYMENT OF LOANS INCLUDING PROVIDING APPROPRIATE SERVICES INCIDENT TO THE ADMINISTRATION OF PROGRAMS WHICH ARE ESTABLISHED TO IMPROVE EDUCATIONONAL OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,317,988
Investment Income $199,142
Other Revenue $0
TOTAL REVENUE $4,517,130

Expense Breakdown

Grants Paid $600,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,825,271
Other Expenses $3,464,642
TOTAL EXPENSES $4,064,642

Year-over-Year Comparison

2024 2023 Change
Revenue $4,517,130 $7,439,089 -0.4%
Expenses $4,064,642 $6,164,486 -0.3%
Net Income $452,488 $1,274,603 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
19
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,091,142
Total Directors
9
$333,199
Key Employees
1
$212,002
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR PETER W LISI CHAIRMAN 0.20
Officer Director
$0 $0 $0
JULIE SAVINO VICE CHAIRMAN 0.20
Officer Director
$0 $0 $0
ERICK RUSSELL ACTING TREASURER 0.20
Director
$0 $0 $0
JEFFREY R BECKHAM SECRETARY 0.20
Director
$0 $0 $0
TERRENCE CHENG DIRECTOR 0.20
Director
$0 $0 $0
MARTIN BUDD DIRECTOR 0.20
Director
$0 $0 $0
ANDREW FOSTER DIRECTOR 0.20
Director
$0 $0 $0
DR KELLI-MARIE VALLIERS PHD DIRECTOR 0.20
Director
$0 $0 $0
JEANETTE W WELDON EXECUTIVE DIRECTOR 5.00
Officer Director
$0 $55,355 $333,199
MICHAEL F MORRIS FORMER MANAGING DIRECTOR 0.10
Officer
$0 $28,890 $252,829
DENISE E AGUILERA GENERAL COUNSEL 2.00
Officer
$0 $28,620 $249,263
CHARLES BODIE MANAGING DIRECTOR 0.10
Officer
$0 $56,709 $255,851
JOANNE MACKEWICZ CONTROLLER 0.10
Key Emp
$0 $26,161 $212,002
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,517,130 $4,064,642 $57,846,276 $452,488
2024 $7,439,089 $6,164,486 $76,625,198 $1,274,603
2023 $6,578,182 $9,957,241 $96,313,464 $-3,379,059
2022 $4,816,146 $6,033,188 $126,010,687 $-1,217,042
2021 $5,152,125 $4,026,832 $146,981,907 $1,125,293
2020 $8,163,038 $6,842,377 $167,603,066 $1,320,661
2019 $10,761,716 $12,996,628 $193,791,940 $-2,234,912
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CONNECTICUT STUDENT LOAN FOUNDATION with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.