NonprofitsSouth Carolina Student Loan Corporation

Public & Societal Benefit

South Carolina Student Loan Corporation

COLUMBIA, SC

Total revenue

$65.0M

Total expenses

$47.6M

Net assets

$616.9M

Grants received

EIN

570602805

Tax year

2023

Mission

The mission of scslc is to receive, disburse, and administer funds for educational purposes. Specifically, scslc carries out the function of making, handling, and servicing student loans.

Programs

1 program

Power:ed, an arm of the corporation established to assist in fulfilling some of the corporation's philanthropic initiatives within its mission, provided approximately $1,250,000 in grant awards during the fiscal year ended june 30, 2024.

Expenses: $1.3MGrants: $1.3M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$55.1M
Investment income$9.9M
Other revenue
Total revenue$65.0M

Expenses

Grants paid$1.3M
Salaries & benefits$4.1M
Fundraising
Other expenses$42.2M
Total expenses$47.6M
Total assets$941.3M
Net assets$616.9M

People

21 listed

NameRoleCompensation

DAVID A SIMON III

PRESIDENT & CEO, SECRETARY

Board

$487K

35 hrs/wk

BILL BOCHETTE

CFO & COO

Board

$405K

40 hrs/wk

JASON CASKEY

VICE CHAIR

Board

$30K

1 hrs/wk

JAMES THORNTON KIRBY

CHAIR

Board

$30K

1 hrs/wk

FRED L GREEN III

TREASURER

Board

$26K

1 hrs/wk

NEIL E GRAYSON

DIRECTOR

Board

$24K

1 hrs/wk

GAUTAM S GHATNEKAR DVM PH D

DIRECTOR

Board

$22K

1 hrs/wk

WILLIE JEFFRIES

DIRECTOR

Board

$15K

1 hrs/wk

CHARLIE C SANDERS JR

DIRECTOR

Board

$15K

1 hrs/wk

A NEILL CAMERON JR

DIRECTOR

Board

$14K

1 hrs/wk

BARBARA F WESTON

DIRECTOR

Board

$13K

1 hrs/wk

RENEE R BROOKS

DIRECTOR

Board

$7K

1 hrs/wk

OCTAVIA WILLIAMS-BLAKE

DIRECTOR

Board

$4K

1 hrs/wk

RALPH JONES

VP OF LOAN PROGRAMS

Staff

$177K

35 hrs/wk

CHRISTINE M WOJCIK

VICE PRESIDENT OF HUMAN RE

Staff

$170K

35 hrs/wk

MELANIE BROOKE THOMAS

VICE PRESIDENT OF FINANCE

Staff

$160K

35 hrs/wk

MARSHA KING

VP OF OPERATIONS

Staff

$150K

35 hrs/wk

CLAIRE ANN GIBBONS

EXECUTIVE DIRECTOR OF POWER:ED

Staff

$147K

40 hrs/wk

JOSEPH BUZHARDT

DIRECTOR OF BUSINESS INTELLIGENCE

Staff

$124K

35 hrs/wk

ERICKA GREEN

DIRECTOR OF RISK MANAGEMENT

Staff

$110K

35 hrs/wk

WESTON FAIRCLOTH

IT-OPERATIONS MANAGER

Staff

$109K

35 hrs/wk

Independent contractors

ELLIOTT DAVIS LLC

ACCOUNTING SERVICES

$135K

A NEILL CAMERON JR

MARKETING CONSULTING

$110K

NELSON MULLINS

LEGAL SERVICES

$103K

Details

EIN570602805
NTEE codeW600
Subsection03
Ruling date1975-01
Formed1973
Employees37
Volunteers0
SOUTH CAROLINA STUDENT LOAN CORPORATION — Mission, Financials & Grants Received | Grantivo