Skip to main content
Filing year 2023

Federated Student Finance Corporation

Waco, Texas·EIN 74-2536239·3
Total revenue
$2.1M
Total assets
$0
Total expenses
$1.6M
Reported officers
13
Mission

FEDERATED STUDENT FINANCE CORPORATION MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Evp/cfo/coo
Officer (Unspecified)
$95k
$103k
President/ceo
25th percentile to median
$80k
$87k
Evp/general Counsel
Officer (Unspecified)
$79k
$86k
Vp/controller
Officer (Unspecified)
$67k
$73k
Treasurer
25th percentile to median
$62k
$68k
Secretary
Secretary (Operational)
Median to 75th percentile
$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 7 unpaid individuals.

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 Executive Officer pay rose 8% from 2022 to 2023, while revenue fell 12%.

$73k in 2022 to $80k in 2023.
  • Chief Financial Officer pay rose 16% from 2022 to 2023.
  • Secretary (Operational) pay rose 46% 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.
Financial trend

Revenue and expenses over time

Federated Student Finance Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$1.9M
2022
$2.1M
$1.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Federated Student Finance Corporation

What does the Chief Executive Officer of Federated Student Finance Corporation earn?

In 2023, the Chief Executive Officer of Federated Student Finance Corporation received $79,508 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Federated Student Finance Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Federated Student Finance Corporation falls between the 25th percentile and the median.

What are Federated Student Finance Corporation's revenue and expenses?

In 2023, Federated Student Finance Corporation reported $2.1M in total revenue and $1.6M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.