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Nonprofit · EIN 36-3514573

NEBRASKA STUDENT LOAN PROGRAM INC

Tax-exempt · LINCOLN, NE 68501

Financials

$37M$220.7M2022$15M$47.5M2023$10.7M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of NEBRASKA STUDENT LOAN PROGRAM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$10,727,431$6,628,780$4,098,651$33,760,893$8,511,991$25,248,902
September 30, 2024990$14,989,493$47,451,308-$32,461,815$28,792,043$7,686,714$21,105,329
September 30, 2023990$37,048,540$220,697,432-$183,648,892$60,108,049$6,570,479$53,537,570
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$8,345,910
of which government grants
$8,345,910
Program service revenue
$1,580,236
Investment income
$801,285
Net gain from sales of assets
$2,377
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$511,969
Salaries, compensation and benefits (total)
$534,048
Professional fundraising fees
$0
Legal fees
$31,055
Accounting fees
$44,085
Occupancy
$222,838
Travel
$13,087
Depreciation
$146,008
Program services (functional)
$4,957,942
Management and general (functional)
$1,670,838

Balance sheet and other

Total assets, start of year
$28,792,043
Total assets, end of year
$33,760,893
Total liabilities, end of year
$8,511,991
Net assets, end of year
$25,248,902
Publicly traded securities
$594,590
Net assets without donor restrictions
$25,248,902
Gross receipts
$10,730,205
Employees
8
Volunteers
0
Year formed
1986
State of legal domicile
NE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDALL SCOTT HEESACKERFORMER CEO (THRU 10/2023)
Former
0$426,408$0$0
DAVID A MACOUBRIECEO/PRESIDENT
Trustee or director, Officer
20$183,798$183,797$54,044
MICHAEL JAY LUBBENSVP BUSINESS DEV. (THRU 04/24)
Officer
0$0$366,545$31,935
JILL M HICKSCFO/SEC & TREAS
Officer
20$159,017$159,017$44,880
SUSAN KAY DOWNINGSENIOR VP MARKETING
Officer
0$0$243,918$54,823
WILLIAM LEONARD KOHLSENIOR VP PORTFOLIO MANAGEMENT
Officer
20$112,039$112,039$54,042
DEANA MARIE UNGERVP OPERATIONS
Officer
0$0$234,537$28,282
TIMOTHY ROETHIGAVP OPERATIONS-CONTACT CENTER
Highest-paid employee
32$106,871$26,717$47,214
BRENDA SISELAVP ACCOUNTING/FINANCE
Highest-paid employee
20$61,398$61,398$44,490
DEANN KORINEKSR. DIR FINANCE
Highest-paid employee
20$53,602$53,603$53,400
ADAM DAVYVP BUSINESS DEV (AS OF 07/24)
Officer
0$0$68,544$10,429
RICHARD VIERKCHAIR
Trustee or director, Officer
3$17,900$17,900$0
GUY SAUNDERSDIRECTOR
Trustee or director
1$6,375$6,375$0
JOSEPH KNECHTDIRECTOR
Trustee or director
1$6,250$6,250$0
KIMBERLY RUSSELDIRECTOR (THRU 12/2024)
Trustee or director
1$5,750$5,750$0
2 more people on this return
NameTitleHours / weekCompensationFrom related orgs
ANTHONY GOINSDIRECTOR
Trustee or director
1$5,750$5,750
DAVID LECHNERDIRECTOR (AS OF 06/10/2024)
Trustee or director
1$3,250$3,250
990 for the year ended September 30, 2024: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDALL SCOTT HEESACKERCEO (THRU OCT 2023)
Trustee or director, Officer
20$476,645$0$59,496
DAVID A MACOUBRIECEO (AS OF OCT 2023)
Trustee or director, Officer
20$309,380$0$57,308
JILL M HICKSCFO
Officer
20$301,783$0$43,014
SUSAN KAY DOWNINGSENIOR VP MARKETING
Officer
0$233,089$0$54,299
MICHAEL JAY LUBBENSENIOR VP BUSINESS DEVELOPMENT
Officer
0$233,364$0$52,200
WILLIAM LEONARD KOHLSENIOR VP PORTFOLIO MANAGEMENT
Officer
20$216,389$0$48,389
MARK E KRINGSVP CLIENT SERVICES
Highest-paid employee
0$0$148,180$58,382
DEANA MARIE UNGERVP OPERATIONS
Officer
0$49,261$126,252$27,288
PAMELA SUE BECKMANNSR. DIRECTOR CUSTOMER SVC & STUDENT ENGAGEMENT
Highest-paid employee
0$0$151,014$46,752
TIMOTHY JON ROETHIGAVP CONTACT CENTER OPS
Highest-paid employee
0$0$122,058$45,731
SHANNON R JONESAVP BUSINESS DEVELOPMENT
Highest-paid employee
0$0$123,574$40,174
KRISTA BROOKE ODBERTAVP PRODUCT DEVELOPMENT
Highest-paid employee
0$0$133,435$28,087
RICHARD VIERKCHAIR
Trustee or director, Officer
0.5$40,550$0$0
GUY SAUNDERSDIRECTOR
Trustee or director
0.5$15,000$0$0
JOSEPH KNECHTDIRECTOR
Trustee or director
0.5$14,000$0$0
KIMBERLY RUSSELDIRECTOR
Trustee or director
0.5$13,750$0$0
ANTHONY GOINSDIRECTOR
Trustee or director
0.5$10,500$0$0
DAVID LECHNERDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended September 30, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RANDALL SCOTT HEESACKERPRESIDENT & CEO
Trustee or director, Officer
20$483,406$0$56,813
DAVID A MACOUBRIEEXECUTIVE VP & COO
Officer
20$287,512$0$54,385
JILL M HICKSCFO
Officer
20$282,478$0$41,326
MICHAEL JAY LUBBENSENIOR VP BUSINESS DEVELOPMENT
Officer
40$253,311$0$41,715
SUSAN KAY DOWNINGSENIOR VP MARKETING
Officer
40$222,487$0$52,285
WILLIAM LEONARD KOHLSENIOR VP PORTFOLIO MANAGEMENT
Officer
20$207,252$0$45,397
MARK KRINGSVP PRODUCT IMPLEMENTATION
Highest-paid employee
0$0$142,078$50,618
DEANA MARIE UNGERVP FINANCIAL AID OPS
Highest-paid employee
0$0$142,879$22,095
SHANNON JONESVP BUSINESS DEVELOPMENT
Highest-paid employee
0$0$118,764$37,233
CARISSA R UHLMANVP STUDENT SUCCESS
Highest-paid employee
0$0$112,158$32,305
CHRISTOPHER J CAMPBELLAST VP BUSINESS DEVELOPMENT
Highest-paid employee
0$0$100,953$14,705
RICHARD VIERKCHAIRMAN
Trustee or director, Officer
1$36,050$0$0
GUY SAUNDERSDIRECTOR
Trustee or director
1$13,750$0$0
JOSEPH KNECHTDIRECTOR
Trustee or director
1$12,750$0$0
KIM RUSSELDIRECTOR
Trustee or director
1$11,750$0$0
ANTHONY GOINSDIRECTOR
Trustee or director
1$11,000$0$0

Address and contacts

Address (IRS master file)
PO BOX 82507, LINCOLN, NE 68501-2507
In care of
% JILL M HICKS
Principal officer (990 for 2024)
DAVID MACOUBRIE, PO BOX 82507, LINCOLN, NE 68501
Signed the 990
JILL HICKS, CFO
Phone
(402) 479-6623
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO BE A DEFINITIVE VOICE IN HIGHER EDUCATION AND STUDENT SUCCESS. POISED TO ENLIGHTEN, GUIDE AND SUPPORT HIGHER EDUCATION AND ITS STAKEHOLDERS IN THEIR MISSION.

990 for the year ended September 30, 2025

Program accomplishments

  • THE ORGANIZATION SERVES AS A GUARANTEE AGENCY UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP), AS APPROVED BY THE DEPARTMENT OF EDUCATION.
    Expenses $4,957,942 · revenue $1,580,236

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
36-3514573
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B820)
Assets (IRS master file)
$33,760,893
Income (IRS master file)
$10,730,205

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$10,727,431$6,628,780$33,760,893XML
990September 2024$14,989,493$47,451,308$28,792,043XML
990September 2023$37,048,540$220,697,432$60,108,049XML
990September 2022$45,453,979$19,953,551$230,624,169IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3514573).

Questions about NEBRASKA STUDENT LOAN PROGRAM INC

What is the EIN of NEBRASKA STUDENT LOAN PROGRAM INC?
The employer identification number (EIN) of NEBRASKA STUDENT LOAN PROGRAM INC is 36-3514573.
Is NEBRASKA STUDENT LOAN PROGRAM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to NEBRASKA STUDENT LOAN PROGRAM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEBRASKA STUDENT LOAN PROGRAM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEBRASKA STUDENT LOAN PROGRAM INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEBRASKA STUDENT LOAN PROGRAM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of NEBRASKA STUDENT LOAN PROGRAM INC?
The 990 for the year ended September 30, 2025 names DAVID MACOUBRIE.
Who are the officers and directors of NEBRASKA STUDENT LOAN PROGRAM INC?
The 990 for the year ended September 30, 2025 lists 17 people; 13 received compensation from the organization, the highest $426,408 (RANDALL SCOTT HEESACKER, FORMER CEO (THRU 10/2023)).
How much revenue does NEBRASKA STUDENT LOAN PROGRAM INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $10,727,431, expenses of $6,628,780 and total assets of $33,760,893 at year end.

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