2024-11-13T06:24:18-06:00 2024-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2023-07-01 451482379 EDVANTAGE CORPORATION EDVA 8037980916 PO BOX 8509 COLUMBIA SC 29202 DAVID A SIMON III PRESIDENT/CEO 8037980916 2024-11-12 1 1 JANICE A RATICA P00358837 7043338881 2024-11-08 2023 2024-10-15 13:58:12Z X DAVID A SIMON III PO BOX 8509 COLUMBIA SC 29202 3000 0 X N/A X 2011 SC THE MISSION OF EDVANTAGE IS TO SUPPORT AND CARRY OUT THE PURPOSES OF THE SOUTH CAROLINA STUDENT LOAN CORPORATION (SCSLC), AN ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 4 3 0 0 0 0 3000 3000 0 0 0 0 0 0 3000 3000 0 0 0 0 0 0 0 0 0 3000 3000 3000 3000 0 0 0 0 0 0 0 0 EDVANTAGE CONDUCTS ACTIVITIES WHICH PROMOTE AND SUPPORT THE EXEMPT PURPOSE OF SCSLC. 0 0 3000 3000 EXPENSES INCURRED IN SUPPORT OF SCSLC'S MISSION. 3000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X WILLIAM C BOCHETTE III 8036125021 PO BOX 8509 COLUMBIA SC 29202 JAMES THORNTON KIRBY CHAIR 1.00 1.00 X X 0 30000 0 JASON CASKEY VICE CHAIR 1.00 1.00 X X 0 30000 0 FRED L GREEN III TREASURER 1.00 1.00 X X 0 26000 0 DAVID A SIMON III PRESIDENT & CEO, SECRETARY 5.00 35.00 X X 0 486554 49253 0 572554 49253 0 0 1 0 0 3000 3000 3000 0 0 0 OTHER OPERATING 3000 3000 3000 0 3000 0 0 0 0 0 X 0 0 0 0 0 0 X X 0 1 X 1 0 X X X 1 SC STUDENT LOAN CORPORATION 570602805 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: EDVANTAGE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED EDVANTAGE'S TAX POSITIONS AND CONCLUDED THAT EDVANTAGE HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 0 0 0 0 0 0 0 0 0 DAVID A SIMON III PRESIDENT & CEO, SECRETARY 0 391912 0 94642 0 0 0 -3020 0 52273 0 535807 0 0 SCHEDULE J, PART I, LINE 3 - COMPENSATION OF RELATED ORGANIZATIONS THE PRESIDENT/CEO IS AN EMPLOYEE OF SCSLC, THE SUPPORTED ORGANIZATION. SCSLC'S EXECUTIVE COMMITTEE DETERMINES THE PRESIDENT/CEO'S COMPENSATION AND RELIES UPON AN INDUSTRY COMPENSATION STUDY TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 WAS SENT TO (SCSLC) SOUTH CAROLINA STUDENT LOAN CORPORATION AND EDVANTAGE FOR REVIEW AND FINAL SIGNATURE BEFORE SUBMISSION TO THE IRS. THE PROCESS ENTAILED A REVIEW BY THE CFO OF SCSLC, THE CHIEF EXECUTIVE OFFICER AND ALL MEMBERS OF THE SCSLC AUDIT COMMITTEE. AFTER THIS REVIEW, A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO THE FULL BOARD PRIOR TO THE FILING. ANY QUESTIONS/ISSUES WERE CLARIFIED AND ADDRESSED AS NECESSARY BEFORE THE FINAL SIGNATURE AND SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS AND ACKNOWLEDGES THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AT ITS MAY MEETING. EACH DIRECTOR IS REQUIRED TO NOTE ANY POTENTIAL CONFLICT OF INTEREST. IN THE EVENT A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO AND KEY EMPLOYEES ARE EMPLOYED BY SCSLC, THE SUPPORTED ORGANIZATION. SCSLC RELIES UPON ITS EXECUTIVE COMMITTEE AND UPON AN INDUSTRY COMPENSATION STUDY TO ENSURE THAT COMPENSATION IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 EDVANTAGE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ONLY UPON REQUEST. SC STUDENT LOAN CORPORATION'S YEARLY AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE SCSLC'S WEBSITE. FORM 990, PAGE 12, PART XII, LINE 2C THE AUDIT COMMITTEE OF SCSLC ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS CONSOLIDATED FINANCIAL STATEMENTS, INCLUDING EDVANTAGE, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. SC STUDENT LOAN CORP PO BOX 102405 COLUMBIA SC 29224 570602805 PROVIDE FINANCIAL ASSISTANCE TO STUDENTS SC 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 SOUTH CAROLINA STUDENT LOAN CORPORATION N NO AMOUNT CHARGED SOUTH CAROLINA STUDENT LOAN CORPORATION O NO AMOUNT CHARGED SOUTH CAROLINA STUDENT LOAN CORPORATION Q 3000 FMV SOUTH CAROLINA STUDENT LOAN CORPORATION L 3000 FMV