All Management Corporation is located in El Segundo, CA. The organization was established in 2001. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 11/2023, All Management Corporation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. All Management Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, All Management Corporation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $2.3m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ALL MANAGEMENT CORPORATION PROVIDED SUPPORT SERVICES TO 501(C)(3) PUBLIC CHARITIES ENGAGED IN ORIGINATING OR ASSISTING IN THE SECONDARY MARKET OF STUDENT LOANS FOR POSTSECONDARY EDUCATION AND ASSISTS NEEDY STUDENTS IN OBTAINING FUNDS FOR THEIR POSTSECONDARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PORTFOLIO MANAGEMENT SERVICES - PROVIDE PROGRAM MANAGEMENT, COMPLIANCE, REPORTING AND RELATED SUPPORT SERVICES TO CALIFORNIA EDUCATION ASSISTANCE, INC. IN SUPPORT OF ITS MISSION TO PROVIDE FINANCING OF CERTAIN LOANS AUTHORIZED UNDER THE HIGHER EDUCATION ACT OF 1965, AS AMENDED, FOR THE BENEFIT AND ADVANCEMENT OF POSTSECONDARY EDUCATION.
MANAGEMENT SERVICES TO SIMILARLY-MISSIONED PUBLIC CHARITIES - PROVIDES PROGRAM MANAGEMENT, REPORTING, MARKETING, COMPLIANCE AND RELATED SUPPORT SERVICES TO CALIFORNIA EDUCATION ASSISTANCE, INC. FOR ITS INVESTMENT IN THE FFELP LOAN PROGRAM AND RELATED INDENTURES TO FINANCE ITS CHARITABLE ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William R Hansen Chief Administrative Officer | Officer | 30 | $555,182 |
Michael Grace Managing Director Financial And Accounting Services | Officer | 15 | $487,881 |
William D Markenson Chief Executive Officer | OfficerTrustee | 20 | $293,729 |
Ephraim Floresca Manager, Analytics, Reporting And Technology | Officer | 40 | $297,648 |
Melissa Vaughan Chief Compliance Officer & General Counsel | Officer | 30 | $281,723 |
Sheryl Levy Director, Human Resources | Officer | 40 | $148,937 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nossaman Llp Legal | 6/29/22 | $1,180,704 |
Thompson Hine Llp Legal | 6/29/22 | $388,365 |
Barclay Damon Llp Legal | 6/29/22 | $243,718 |
Liscarnan Solutions Llc Financial Consulting | 6/29/22 | $175,668 |
Stout Risius Ross Llc Valuation Services | 6/29/22 | $122,041 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,295,168 |
Investment income | $114,189 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,928 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,411,285 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,686,493 |
Compensation of current officers, directors, key employees. | $212,620 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $250,563 |
Pension plan accruals and contributions | $16,908 |
Other employee benefits | $35,408 |
Payroll taxes | $49,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,103 |
Fees for services: Accounting | $26,940 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $12,579 |
Fees for services: Other | $15,666 |
Advertising and promotion | $0 |
Office expenses | $44,220 |
Information technology | $12,517 |
Royalties | $0 |
Occupancy | $26,175 |
Travel | $8,835 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,886 |
Insurance | $23,366 |
All other expenses | $0 |
Total functional expenses | $2,255,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |