NonprofitsGranite Edvance Corporation

Education

Granite Edvance Corporation

CONCORD, NH

Total revenue

$63.9M

Total expenses

$60.1M

Net assets

$313.8M

Grants received

$532K

2 grants

EIN

020368776

Tax year

2023

Mission

Free advisory services, student loans and scholarships for post-secondary education.

Financials

FY 2023

Revenue

Contributions & grants$543K
Program service revenue$55.5M
Investment income$7.9M
Other revenue$12K
Total revenue$63.9M

Expenses

Grants paid$651K
Salaries & benefits$7.8M
Fundraising
Other expenses$51.7M
Total expenses$60.1M
Total assets$904.5M
Net assets$313.8M

People

23 listed

NameRoleCompensation

Christiana Thornton

President & CEO

Board

$490K

40 hrs/wk

Scott Rogers

VP & CFO

Board

$263K

40 hrs/wk

John Flanders

VP & Chief Strategy/Lending Officer

Board

$206K

40 hrs/wk

Blessing Chimwanda

Gen. Counsel/Chief Compliance Off.

Board

$140K

40 hrs/wk

Gordon Koff

Vice Chair (start 9/2024); Trustee

Board

0.2 hrs/wk

Rick Elwell

Treasurer (end 9/2024); Trustee

Board

0.2 hrs/wk

Carol Houle

Treasurer (start 9/2024); Trustee

Board

0.2 hrs/wk

Jamie Burnett

Secretary; Trustee

Board

0.2 hrs/wk

William Dwyer

Trustee

Board

0.2 hrs/wk

Chuck Lloyd

Trustee

Board

0.2 hrs/wk

Peter Burger

Trustee

Board

0.2 hrs/wk

MB Lufkin

Trustee (start 9/2024)

Board

0

Debra Miller

Trustee

Board

0.2 hrs/wk

Hans Olson

Trustee

Board

0.2 hrs/wk

Sandy Tracy

Trustee

Board

0.2 hrs/wk

Susan Huard

Chair; Trustee

Board

0.2 hrs/wk

Paul Provost

Vice Chair (end 9/2024); Trustee

Board

0.2 hrs/wk

Ann Marie Thomas

Former VP & Chief Risk Officer

Staff

$237K

40 hrs/wk

Erik Sobel

VP Information Services

Staff

$188K

40 hrs/wk

Danielle Barrick

VP Communications & External Affairs

Staff

$183K

40 hrs/wk

Robert Woodburn

AVP, Business Systems (end 9/2023)

Staff

$154K

40 hrs/wk

Daniel Coughlan

VP Capital Markets/Asset Management

Staff

$144K

40 hrs/wk

Kathy-Ann Maguire

VP Human Resources

Staff

$142K

40 hrs/wk

Independent contractors

Nelnet Servicing LLC

Loan Servicing

$2.3M

Credible Labs Inc

Loan Marketing

$1.2M

Campus Door Holdings Inc

Loan Processing

$655K

Saltwater Collective

Marketing

$363K

Kutak Rock

Legal

$275K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$507K
FAFSA STUDENT SUPPORT
2024
$25K
Teaching & Leadership Fellowships
2022

Funded by

$532K from 2 funders · 2 grants · 2022–2024

Educational Credit

$507K · 1 grant · 2024

Details

EIN020368776
NTEE codeB820
Subsection03
Ruling date1983-04
Formed1983
Employees106
Volunteers103
GRANITE EDVANCE CORPORATION — Mission, Financials & Grants Received | Grantivo