Totals
- Total revenue
- $501,325,316
- Total expenses
- $280,995,832
- Contributions and grants received
- $129,892,000
- Grants paid
- $105,786,344
- Program services expenses (Part IX)
- $251,642,015
- Management and general expenses
- $29,353,817
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $251,642,015
Program services were 89.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
DANIEL FISHER
PRESIDENT & CEO
- Total calculated
- $1,503,752
- From this org
- $1,373,427
- From related orgs
- $0
- Other
- $130,325
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $575,192
- Bonus
- $769,206
- Other
- $29,029
- Deferred
- $90,656
- Nontaxable benefits
- $39,669
- Filer's total
- $1,503,752
-
JAMES V MCKEON
BOARD CHAIR
- Total calculated
- $197,500
- From this org
- $0
- From related orgs
- $197,500
- Other
- $0
- Hours/week
- 13 + 4 related
Schedule J breakdown matched by us
- Base
- $0 + $197,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $197,500 related
-
DIANA J INGRAM
DIRECTOR
- Total calculated
- $151,250
- From this org
- $0
- From related orgs
- $151,250
- Other
- $0
- Hours/week
- 7 + 3 related
Schedule J breakdown matched by us
- Base
- $0 + $151,250 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $151,250 related
-
JACK O'CONNELL
DIRECTOR
- Total calculated
- $135,000
- From this org
- $0
- From related orgs
- $135,000
- Other
- $0
- Hours/week
- 5 + 4 related
-
JULIA S GOUW
DIRECTOR
- Total calculated
- $155,000
- From this org
- $0
- From related orgs
- $155,000
- Other
- $0
- Hours/week
- 5 + 3 related
Schedule J breakdown matched by us
- Base
- $0 + $155,000 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $155,000 related
-
DEREK LANGHAUSER
DIRECTOR
- Total calculated
- $127,500
- From this org
- $0
- From related orgs
- $127,500
- Other
- $0
- Hours/week
- 5 + 4 related
-
JAMES RUNCIE
DIRECTOR
- Total calculated
- $135,000
- From this org
- $0
- From related orgs
- $135,000
- Other
- $0
- Hours/week
- 7 + 3 related
-
JENNIFER ANDERSON
DIRECTOR
- Total calculated
- $138,750
- From this org
- $0
- From related orgs
- $138,750
- Other
- $0
- Hours/week
- 6 + 3 related
-
K PAUL SINGH
DIRECTOR
- Total calculated
- $145,000
- From this org
- $0
- From related orgs
- $145,000
- Other
- $0
- Hours/week
- 10 + 3 related
-
MARTIN SCANLON
CFO & TREASURER
- Total calculated
- $1,011,175
- From this org
- $903,005
- From related orgs
- $0
- Other
- $108,170
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $416,394
- Bonus
- $459,850
- Other
- $26,761
- Deferred
- $73,791
- Nontaxable benefits
- $34,379
- Filer's total
- $1,011,175
-
BRIAN BOARDMAN
GENERAL COUNSEL & CORP SECRETARY
- Total calculated
- $612,291
- From this org
- $520,510
- From related orgs
- $0
- Other
- $91,781
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $334,254
- Bonus
- $175,875
- Other
- $10,381
- Deferred
- $48,740
- Nontaxable benefits
- $43,041
- Filer's total
- $612,291
-
JOSEPH WATT
VP, IMPACT INVESTING
- Total calculated
- $392,792
- From this org
- $358,717
- From related orgs
- $0
- Other
- $34,075
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- $106,875
- Other
- $1,842
- Deferred
- $34,075
- Nontaxable benefits
- $0
- Filer's total
- $392,792
-
HEIDI JOHNSON
CHIEF OF STAFF
- Total calculated
- $603,870
- From this org
- $512,190
- From related orgs
- $0
- Other
- $91,680
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,815
- Bonus
- $238,494
- Other
- $25,881
- Deferred
- $47,665
- Nontaxable benefits
- $44,015
- Filer's total
- $603,870
-
HUGH MCSHERRY
VP, CORPORATE SERVICES
- Total calculated
- $387,206
- From this org
- $322,981
- From related orgs
- $0
- Other
- $64,225
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,040
- Bonus
- $95,333
- Other
- $2,608
- Deferred
- $30,548
- Nontaxable benefits
- $33,677
- Filer's total
- $387,206
-
TIFFANY THOMPSON
VP, FINANCE & CONTROLLER
- Total calculated
- $367,994
- From this org
- $333,642
- From related orgs
- $0
- Other
- $34,352
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,878
- Bonus
- $102,677
- Other
- $1,087
- Deferred
- $32,045
- Nontaxable benefits
- $2,307
- Filer's total
- $367,994
-
ADAM TRAMPE
VP, DEPUTY GENERAL COUNSEL
- Total calculated
- $413,451
- From this org
- $345,308
- From related orgs
- $0
- Other
- $68,143
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,834
- Bonus
- $103,622
- Other
- $23,852
- Deferred
- $28,717
- Nontaxable benefits
- $39,426
- Filer's total
- $413,451
-
AARON WOODRICH
VP, INFORMATION TECH
- Total calculated
- $343,655
- From this org
- $270,117
- From related orgs
- $0
- Other
- $73,538
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,980
- Bonus
- $51,931
- Other
- $1,206
- Deferred
- $30,323
- Nontaxable benefits
- $43,215
- Filer's total
- $343,655
-
SARAH STREHL
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $805,801
- From this org
- $705,672
- From related orgs
- $0
- Other
- $100,129
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $360,429
- Bonus
- $320,365
- Other
- $24,878
- Deferred
- $59,567
- Nontaxable benefits
- $40,562
- Filer's total
- $805,801
-
JOHN MCKENNELL
CHIEF INFORMATION SECURITY OFFICER
- Total calculated
- $419,800
- From this org
- $347,332
- From related orgs
- $0
- Other
- $72,468
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $245,058
- Bonus
- $97,997
- Other
- $4,277
- Deferred
- $39,308
- Nontaxable benefits
- $33,160
- Filer's total
- $419,800
-
IRIS CUMBERBATCH
SR VP, CORPORATE AFFAIRS
- Total calculated
- $569,583
- From this org
- $513,337
- From related orgs
- $0
- Other
- $56,246
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,652
- Bonus
- $239,371
- Other
- $27,314
- Deferred
- $39,283
- Nontaxable benefits
- $16,963
- Filer's total
- $569,583
-
RAHOUL GHOSE
CHIEF INFORMATION OFFICER
- Total calculated
- $762,398
- From this org
- $660,107
- From related orgs
- $0
- Other
- $102,291
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $318,909
- Bonus
- $310,377
- Other
- $30,821
- Deferred
- $59,423
- Nontaxable benefits
- $42,868
- Filer's total
- $762,398
-
JOSH ULLOM
VP, APPLICATIONS & ANALYTICS
- Total calculated
- $195,368
- From this org
- $160,412
- From related orgs
- $0
- Other
- $34,956
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,883
- Bonus
- $0
- Other
- $529
- Deferred
- $18,069
- Nontaxable benefits
- $16,887
- Filer's total
- $195,368
-
MATTHEW MIKULSKI
VP, INTERNAL AUDIT
- Total calculated
- $348,085
- From this org
- $294,197
- From related orgs
- $0
- Other
- $53,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,162
- Bonus
- $87,043
- Other
- $2,992
- Deferred
- $27,434
- Nontaxable benefits
- $26,454
- Filer's total
- $348,085
-
STEVE HANSEN
VP, INFORMATION TECH-THRU 6/26
- Total calculated
- $218,121
- From this org
- $195,904
- From related orgs
- $0
- Other
- $22,217
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $73,953
- Bonus
- $96,456
- Other
- $25,495
- Deferred
- $15,742
- Nontaxable benefits
- $6,475
- Filer's total
- $218,121
-
DEAN VANDECOEVERING
SR DIR, FINANCE
- Total calculated
- $322,780
- From this org
- $274,721
- From related orgs
- $0
- Other
- $48,059
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,157
- Bonus
- $54,097
- Other
- $1,467
- Deferred
- $33,340
- Nontaxable benefits
- $14,719
- Filer's total
- $322,780
-
STEVEN HUPERT
DIR, INFORMATION TECH
- Total calculated
- $321,688
- From this org
- $256,099
- From related orgs
- $0
- Other
- $65,589
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,347
- Bonus
- $47,370
- Other
- $9,382
- Deferred
- $29,818
- Nontaxable benefits
- $35,771
- Filer's total
- $321,688
-
ANN JOHNSTON
SR DIR, IT BUSINESS OPERATIONS
- Total calculated
- $322,652
- From this org
- $275,559
- From related orgs
- $0
- Other
- $47,093
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,690
- Bonus
- $52,303
- Other
- $2,566
- Deferred
- $31,862
- Nontaxable benefits
- $15,231
- Filer's total
- $322,652
-
JOHN YOPP
DIR, SOFTWARE ENGINEERING
- Total calculated
- $323,033
- From this org
- $267,325
- From related orgs
- $0
- Other
- $55,708
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $213,942
- Bonus
- $51,651
- Other
- $1,732
- Deferred
- $18,379
- Nontaxable benefits
- $37,329
- Filer's total
- $323,033
-
TROY GUNDERMAN
DIR, LITIGATION
- Total calculated
- $345,097
- From this org
- $280,025
- From related orgs
- $0
- Other
- $65,072
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,817
- Bonus
- $72,027
- Other
- $8,181
- Deferred
- $33,159
- Nontaxable benefits
- $31,913
- Filer's total
- $345,097
-
JEREMY WHEATON
FORMER PRESIDENT & CEO
- Total calculated
- $19,539
- From this org
- $19,539
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $19,539
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $19,539
-
JOHN F DEPODESTA
FORMER BOARD CHAIR
- Total calculated
- $60,000
- From this org
- $0
- From related orgs
- $60,000
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0 + $60,000 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $60,000 related
-
GREGORY VAN GUILDER
FORMER CHIEF INVESTMENT OFFICER
- Total calculated
- $1,306,300
- From this org
- $27,619
- From related orgs
- $1,179,319
- Other
- $99,362
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $27,242 + $499,900 related
- Bonus
- $0 + $446,024 related
- Other
- $377 + $233,395 related
- Deferred
- $1,638 + $86,474 related
- Nontaxable benefits
- $433 + $10,817 related
- Filer's total
- $29,690 + $1,276,610 related
-
PHILIP BECKER
FORMER VP, INVESTMENTS
- Total calculated
- $507,500
- From this org
- $15,075
- From related orgs
- $436,349
- Other
- $56,076
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $14,999 + $374,985 related
- Bonus
- $0 + $48,000 related
- Other
- $76 + $13,364 related
- Deferred
- $923 + $16,419 related
- Nontaxable benefits
- $1,471 + $37,263 related
- Filer's total
- $17,469 + $490,031 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 5b · Pay contingent on a related organization's revenues
- 6b · Pay contingent on a related organization's net earnings
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- TRAVEL FOR COMPANIONS: ECMC GROUP, INC.'S TRAVEL POLICY HAD AN EXCEPTION THAT WAS APPROVED BY THE CFO (AND DEVIATIONS FROM ANY PROVISION OF THE POLICY MUST BE APPROVED IN WRITING BY AN OFFICER IN CONJUNCTION WITH THE ECMC GROUP, INC. CFO). IN 2024, ECMC GROUP, INC. PAID TRAVEL EXPENSES FOR AN ECMC GROUP, INC. EMPLOYEE'S SPOUSE TO ATTEND A COMPANY-SPONSORED EVENT. THE EXCEPTION TO POLICY WAS APPROVED. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: CERTAIN TAXABLE BENEFITS ARE GROSSED UP TO MAKE THE EMPLOYEE WHOLE; THIS HAS BEEN APPROVED BY THE BOARD OF DIRECTORS.
- PART I, LINE 4B
- ECMC GROUP, INC. MAINTAINS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN SECTION 457(F), AND A SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (SERP), TO ATTRACT AND RETAIN EMPLOYEES, TYPICALLY IN MANAGEMENT POSITIONS. IN 2024, DANIEL FISHER AND MARTIN SCANLON PARTICIPATED IN THE 457(F) PLAN, AND RECEIVED EMPLOYER CONTRIBUTIONS OF $61,995 AND $9,391, RESPECTIVELY.
- PART I, LINE 5
- ECMC GROUP, INC.'S ANNUAL OFFICER INCENTIVE PLAN REQUIRES ACHIEVEMENT OF STATED PRIMARY FINANCIAL GOALS, WHICH INCLUDES REVENUES, BEFORE ANY PAYMENT TO ANY OFFICER IS MADE.
- PART I, LINE 6
- ECMC GROUP, INC.'S ANNUAL OFFICER INCENTIVE PLAN REQUIRES ACHIEVEMENT OF STATED KEY PERFORMANCE METRICS, WHICH INCLUDES NET EARNINGS, BEFORE ANY PAYMENT TO ANY OFFICER IS MADE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$82,935,000
GENERAL SUPPORT
-
EDUCATIONAL CREDIT MANAGEMENT CORPORATION
$12,611,000
GENERAL SUPPORT
-
$9,600,000
GENERAL SUPPORT
-
UNIVERSITY OF MINNESOTA FOUNDATION
$193,700
JOHN DEPODESTA LEADERSHIP PROGRAM, PROGRAM SPONSORSHIP
-
$50,000
PROGRAM SPONSORSHIP
-
CORPORATE INTERNSHIP PROGRAM
-
$47,560
PROGRAM SPONSORSHIP, GENERAL SUPPORT
-
$25,500
PROGRAM SPONSORSHIP, GENERAL SUPPORT
-
$21,800
PROGRAM SPONSORSHIP
-
PROGRAM SPONSORSHIP, GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
EDUCATIONAL CREDIT MANAGEMENT CORPORATION
501(C)(3) · GUARANTOR · MN · controlled entity
Directly controlled by ECMC GROUP INC
-
501(C)(3) · PROMOTE EDUCATION · DE · controlled entity
Directly controlled by ECMC GROUP INC
-
501(C)(3) · CAREER COLLEGES · DE · controlled entity
Directly controlled by ECMC GROUP INC
-
ECMC REVENUE MANAGEMENT CORPORATION
501(C)(3) · STUDENT LOAN DEFAULT RESOLUTION · DE · controlled entity
Directly controlled by EDUCATIONAL CREDIT MANAGEMENT CORPORATION
-
501(C)(3) · STUDENT LOAN REPAYMENT SERVICES · DE · controlled entity
Directly controlled by ECMC GROUP INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523199349302057
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.