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Filing year 2023

Brazos Education Loan Authority Inc

Waco, Texas·EIN 20-3868073·NTEE B82 · Education·501(c)(3)
Total revenue
$88.2M
Total assets
$983.2M
Total expenses
$73.9M
Reported officers
18
Mission

BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

Evp/coo/cfo/treasurer
25th percentile to median
$95k
$103k
President/ceo
25th percentile to median
$80k
$87k
Evp, General Counsel
Executive Vice President
10th to 25th percentilevs Education peers nationwide
$79k
$86k
Controller
10th to 25th percentilevs Education peers nationwide
$67k
$73k
Assistant Treasurer
10th to 25th percentile
$62k
$68k
Secretary
Secretary (Operational)
25th percentile to medianvs Education peers nationwide
$29k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Brazos Education Loan Authority Inc equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 25%
from 2022

From $76k in 2022 to $95k in 2023.

$76k
2022
$95k
2023
In today's dollarsEst.
Up 19% in real terms$87k to $103k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 25% from 2022 to 2023, while revenue rose 10%.

$76k in 2022 to $95k in 2023.
  • Chief Executive Officer pay rose 8% from 2022 to 2023.
  • Executive Vice President pay rose 13% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Brazos Education Loan Authority Inc

What does the Chief Financial Officer of Brazos Education Loan Authority Inc earn?

In 2023, the Chief Financial Officer of Brazos Education Loan Authority Inc received $94,644 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Education organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at Brazos Education Loan Authority Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2023 pay of the Chief Financial Officer at Brazos Education Loan Authority Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Brazos Education Loan Authority Inc equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

What are Brazos Education Loan Authority Inc's revenue and expenses?

In 2023, Brazos Education Loan Authority Inc reported $88.2M in total revenue and $73.9M in total expenses on its IRS Form 990.

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