Totals
- Total revenue
- $43,495,652
- Total expenses
- $49,769,201
- Contributions and grants received
- $27,213,516
- Grants paid
- $1,924,278
- Program service revenue
- $16,279,524
- Investment income
- $0
- Other revenue
- $2,612
- Total assets, end of year
- $11,798,068
- Total liabilities, end of year
- $53,189,778
- Net assets or fund balances, end of year
- -$41,391,710
- Program services expenses (Part IX)
- $26,438,032
- Management and general expenses
- $23,331,169
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $26,438,032
Program services were 53.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$26,296,902
-
1e · Government grants (contributions)
$916,614
-
2a · Program service revenue: INSTRUCTION
total $16,279,524 · related or exempt $16,279,524
-
11a · Other revenue: MISCELLANEOUS
total $2,612 · excluded $2,612
-
11e · Other revenue, total
$2,612
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $616,528 · program services $616,528
-
2 · Grants to domestic individuals
total $1,307,750 · program services $1,307,750
-
5 · Compensation of officers, directors and key employees
total $2,146,445 · program services $1,011,642 · management and general $1,134,803
-
7 · Other salaries and wages
total $13,595,350 · program services $11,258,764 · management and general $2,336,586
-
8 · Pension plan contributions
total $488,465 · program services $395,799 · management and general $92,666
-
9 · Other employee benefits
total $1,239,431 · program services $1,150,697 · management and general $88,734
-
10 · Payroll taxes
total $1,051,322 · program services $932,609 · management and general $118,713
-
11b · Fees: legal
total $202,565 · management and general $202,565
-
11c · Fees: accounting
total $87,143 · management and general $87,143
-
11d · Fees: lobbying
total $21,730 · program services $21,730
-
11g · Fees: other
total $2,612,259 · program services $2,267,920 · management and general $344,339
-
12 · Advertising and promotion
total $1,199,224 · program services $1,199,172 · management and general $52
-
13 · Office expenses
total $328,851 · program services $225,361 · management and general $103,490
-
14 · Information technology
total $702,533 · program services $153,542 · management and general $548,991
-
16 · Occupancy
total $3,047,243 · program services $2,990,676 · management and general $56,567
-
17 · Travel
total $256,032 · program services $172,385 · management and general $83,647
-
19 · Conferences, conventions and meetings
total $44,655 · program services $13,435 · management and general $31,220
-
21 · Payments to affiliates
total $71,600 · program services $71,600
-
22 · Depreciation, depletion and amortization
total $95,183 · program services $70,472 · management and general $24,711
-
23 · Insurance
total $621,756 · program services $599,506 · management and general $22,250
-
24a · Other expenses: LIQUIDATION EXPENSES
total $15,398,993 · management and general $15,398,993
-
24b · Other expenses: IMPAIRMENT
total $2,289,437 · management and general $2,289,437
-
24c · Other expenses: BOOKSTORE
total $1,003,628 · program services $1,003,628
-
24d · Other expenses: STUDENT SERVICES
total $384,584 · program services $384,474 · management and general $110
-
24e · All other expenses
total $956,494 · program services $590,342 · management and general $366,152
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,554,106 · end of year $5,963,042
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $316,545 · end of year $251,029
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $496,993 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,062,175 · end of year $1,061,374
-
10a · Land, buildings and equipment: cost or other basis
$461,377
-
10b · Land, buildings and equipment: accumulated depreciation
$461,377
-
10c · Land, buildings and equipment, net
beginning of year $443,611 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $47,138 · end of year $4,522,623
-
17 · Accounts payable and accrued expenses
beginning of year $40,029,205 · end of year $28,721,198
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $3,012,530 · end of year $244,120
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $996,994 · end of year $24,224,460
-
27 · Net assets without donor restrictions
beginning of year -$35,118,161 · end of year -$41,391,710
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
ECMC EDUCATION, INC.'S MISSION IS TO TRANSFORM CAREER AND TECHNICAL EDUCATION TO PROVIDE ASPIRING AND CURRENT LEARNERS WITH SKILLS TO ELEVATE THEIR CAREERS AND COMMUNITIES.
Activities or mission (Part I)
ECMC EDUCATION, INC'S MISSION IS TO TRANSFORM CAREER AND TECHNICAL EDUCATION TO PROVIDE ASPIRING AND CURRENT LEARNERS WITH SKILLS TO ELEVATE THEIR CARRERS AND COMMUNITIES.
-
INSTRUCTION AND STUDENT SERVICES.ECMC EDUCATION, INC., DBA ALTIERUS CAREER COLLEGE, IS A NONPROFIT PROVIDER OF CAREER SCHOOL TRAINING IN THE POSTSECONDARY EDUCATION INDUSTRY OFFERING EDUCATIONAL OPPORTUNITIES WITH AN EMPHASIS IN ALLIED HEALTH AND TRADES. ECMC EDUCATION, INC. ENGAGES WITH FACULTY, INDUSTRY LEADERS, AND EMPLOYERS TO HELP IDENTIFY SKILLS, COMPETENCIES, BEHAVIORS AND CERTIFICATIONS THAT FIT THE NEEDS OF THE MARKETPLACE AND ENHANCE EACH GRADUATE'S ABILITY TO FIND A JOB IN HIS OR HER CHOSEN FIELD. THE SCHOOLS ARE ACCREDITED TO GRANT DIPLOMA AND ASSOCIATE DEGREES. (CONTINUED ON SCHEDULE O)ECMC EDUCATION, INC. SERVES A NON-TRADITIONAL, UNDERSERVED STUDENT POPULATION: 67% OF ECMC EDUCATION, INC. STUDENTS ARE ELIGIBLE FOR PELL GRANTS (54% ARE ELIGIBLE FOR FULL PELL GRANTS); 65% OF ECMC EDUCATION, INC.'S STUDENT BODY IS FEMALE; 87% OF STUDENTS ARE NON-WHITE; 59% OF STUDENTS ARE OLDER THAN 25 YEARS OLD; 66% OF ECMC EDUCATION, INC.'S STUDENTS ARE FIRST-TIME, FIRST-YEAR COLLEGE STUDENTS; AND ONLY 20% OF STUDENTS DEPEND UPON THEIR PARENTS OR GUARDIANS' FINANCIAL RESOURCES. ECMC EDUCATION, INC. DELIVERS SERVICES THAT MAKE A STUDENT'S TRANSITION FROM HIGH SCHOOL TO A POSTSECONDARY INSTITUTION AS EASY AND STRAIGHTFORWARD AS POSSIBLE. ECMC EDUCATION, INC. DELIVERS A HOLISTIC LEARNING EXPERIENCE BY PROVIDING STUDENTS WITH INDIVIDUALIZED ACADEMIC SUPPORT THROUGH ACADEMIC COUNSELING, TUTORING, AND REMEDIAL EDUCATION SERVICES THAT FURNISH TOOLS AND RESOURCES NECESSARY FOR SUCCESSFUL PROGRAM COMPLETION; FINANCIAL LITERACY COUNSELING TO ASSIST STUDENTS IN MANAGING THEIR STUDENT LOANS AND TO HELP MINIMIZE THEIR STUDENT LOAN DEBT; AND CAREER COUNSELING TO PROMOTE MEANINGFUL EMPLOYMENT AFTER GRADUATION IN THE STUDENT'S FIELD OF STUDY.LEARNING RESOURCE CENTERS ON ECMC EDUCATION, INC. CAMPUSES SUPPORT ACADEMIC PROGRAMS BY PROVIDING BOOKS, SHOP AND SERVICE MANUALS, PERIODICALS, COMPUTERS AND CURRICULUM-BASED ONLINE RESOURCES. THE LEARNING RESOURCE CENTERS ARE STAFFED WITH TRAINED PROFESSIONALS TO ASSIST IN THE RESEARCH NEEDS OF STUDENTS AND FACULTY.THE EDUCATION ECMC EDUCATION, INC. STUDENTS RECEIVE EMPHASIZES EMPLOYABILITY AND PROFESSIONAL ACCOMPLISHMENT. THE ACADEMIC AND CAREER SUCCESS OF OUR GRADUATES IS PARAMOUNT. ECMC EDUCATION, INC.'S HOLISTIC APPROACH FOCUSES ON THE GOAL OF GRADUATION AND JOB PLACEMENT, EMPHASIZING STUDENT ATTENDANCE, OVERALL ATTITUDE, ACADEMIC PERFORMANCE AND SELF-DIRECTED JOB SEARCH SKILLS ACQUIRED THROUGH WORKING WITH THE CAREER SERVICES STAFF. ECMC EDUCATION, INC.'S CAREER SERVICES EXPERTS PROVIDE STUDENTS WITH PLACEMENT ASSISTANCE, INCLUDING PREPARATION OFRESUMES AND LETTERS OF INTRODUCTION, INTERVIEWING TECHNIQUES AND JOB REFERRALS. ECMC EDUCATION, INC. CAREER SERVICES PROFESSIONALS ALSO ARRANGE ON-CAMPUS EMPLOYER VISITS, LECTURES, CAREER FAIRS AND FIELD TRIPS TO ENHANCE THE LIKELIHOOD THAT STUDENTS WILL OBTAIN WELL-PAYING JOBS. ECMC EDUCATION, INC. ALSO OFFERS STUDENT ACTIVITIES THAT ENCOURAGE SCHOOL SPIRIT AND DEVELOP STUDENT LEADERSHIP, INCLUDING INTRAMURAL SPORTS, CLUBS, PROFESSIONAL DEVELOPMENT PROGRAMS, RESOURCE FAIRS AND OTHER EXTRACURRICULAR ACTIVITIES PLANNED YEAR-ROUND. ON MARCH 31, 2022, A PLAN FOR LIQUIDATION FOR ECMC EDUCATION, INC. AND ALL THREE OF ITS ALTIERUS SCHOOLS WAS APPROVED BY THE ECMC GROUP, INC. BOARD OF DIRECTORS, AND ECMC EDUCATION, INC. WOULD NO LONGER ACCEPT ENROLLMENTS EFFECTIVE IMMEDIATELY. IT IS ANTICIPATED THESE TEACH-OUTS WILL BE COMPLETED DURING 2023 WITH RELATED EXPENSES BEING SETTLED THROUGH 2027. THE CHANGE IS PART OF ECMC GROUP, INC.'S PLAN TO CONCENTRATE PRIMARILY ON ITS EDUCATIONAL CREDIT MANAGEMENT CORPORATION GUARANTOR-RELATED ACTIVITIES, ECMC FOUNDATION AND EDUCATION IMPACT INVESTING. AS OF DECEMBER 31, 2022, ECMC EDUCATION, INC. ENROLLS APPROXIMATELY 200 STUDENTS AND OPERATES THREE SCHOOLS IN THREE STATES UNDER THE ALTIERUS BRAND.
Expenses $23,227,311 · Revenue $16,272,732
-
GRANTS AND SCHOLARSHIPS.ECMC EDUCATION, INC. OFFERS THE FOLLOWING SCHOLARSHIP AND GRANT PROGRAMS TO MAKE COLLEGE AFFORDABLE FOR OUR STUDENTS: ALTIERUS GRANTS, IN IT TOGETHER SCHOLARSHIPS, EMPLOYEE AND MILITARY SCHOLARSHIPS. FUNDS ARE AVAILABLE TO PAY FOR TUITION, BOOKS AND FEES.THE ALTIERUS GRANT IS AN INSTITUTIONAL GRANT PROGRAM AWARDED ON AN ANNUAL BASIS TO STUDENTS OF ALTIERUS SCHOOLS OWNED BY ECMC EDUCATION, INC. WHO DEMONSTRATE FINANCIAL NEED. THE AMOUNT AND SOURCE OF THE GRANT, WHICH CAN BE UP TO $10,000 PER ACADEMIC YEAR, IS AVAILABLE FOR NEW AND CONTINUING STUDENTS AND MAY VARY BY STUDENT BASED ON THE DEMONSTRATED FINANCIAL ASSISTANCE NEEDED AND INSTITUTIONAL GRANT FUNDING AVAILABILITY. IN 2022, ECMC EDUCATION, INC. DISTRIBUTED NEARLY $400,000 IN ALTIERUS GRANTS TO 265 STUDENTS.ALTIERUS MILITARY SCHOLARSHIPS OFFER UP TO 10% OF TUITION PER TERM OR ACADEMIC PERIOD FOR THEIR SPOUSES, AS WELL AS FOR VETERANS AND THEIR DEPENDENTS USING VA EDUCATION BENEFITS. IN 2022, ECMC EDUCATION, INC. DISTRIBUTED MORE THAN $110,000 IN MILITARY SCHOLARSHIPS TO 141 MILITARY PERSONNEL, VETERANS AND THEIR DEPENDENTS.AS OF DECEMBER 31, 2022, ECMC EDUCATION, INC. ENROLLS APPROXIMATELY 200 STUDENTS AND OPERATES THREE SCHOOLS IN THREE STATES UNDER THE ALTIERUS BRAND.
Expenses $1,924,278 · Grants $1,924,278
-
ALTIERUS TRAINING SOLUTIONS.IN SUPPORT OF CAREER AND TECHNICAL EDUCATION (CTE) ECMC EDUCATION, INC. SEEKS TO BUILD PARTNERSHIPS WITH EDUCATORS, EMPLOYERS AND POLICYMAKERS TO TRAIN ESSENTIAL WORKERS. THROUGH INVESTMENTS IN VIRTUAL LEARNING TECHNOLOGY, PRODUCT DEVELOPMENT CAPABILITIES FOR EMPLOYER SOLUTIONS AND THOUGHT LEADERSHIP ACTIVITIES TO FOSTER INDUSTRY COLLABORATION, ECMC EDUCATION, INC. SEEKS TO ALIGN ITS AREAS OF EXPERTISE WITH THE EXPERIENCE AND NEEDS OF BUSINESS WHILE ALSO SETTING EMPLOYEES ON A TRACK FOR CAREER ADVANCEMENT AND SUCCESS.(CONTINUED ON SCHEDULE O)IN 2019, ECMC EDUCATION, INC. LAUNCHED ALTIERUS TRAINING SOLUTIONS (ATS) TO BUILD ON AND EXTEND ITS CORE EDUCATIONAL OFFERINGS BY PROVIDING COMPREHENSIVE TRAINING CAPABILITIES, RANGING FROM PLUG-IN SOLUTIONS TO FULLY CUSTOM PROGRAMS, BUILDING ON OUR STRONG RELATIONSHIPS WITH EMPLOYERS AND THEIR INSIGHTS INTO THE REAL-WORLD NEEDS FOR THEIR WORKERS.IN 2020, ATS BEGAN A SUCCESSFUL PARTNERSHIP WITH A NATIONAL EMPLOYER. THROUGH A COLLABORATIVE APPROACH, WE BUILT A TECHNOLOGY-DRIVEN TRAINING PROGRAM TO UPSKILL THEIR TECHNICIANS. THE ONLINE TRAINING PLATFORM ENABLES THE TECHNICIANS TO DEVELOP ADVANCED SKILLS IN A REMOTE ENVIRONMENT, WHILE ALSO ELIMINATES THE DISRUPTION IN CUSTOMER SERVICE AND ADDED COST ASSOCIATED WITH TRAVEL TO TRADITIONAL TRAINING CENTERS.ON MARCH 31, 2022, A PLAN FOR LIQUIDATION FOR ECMC EDUCATION, INC. AND ALL THREE OF ITS ALTIERUS SCHOOLS WAS APPROVED BY THE ECMC GROUP, INC. BOARD OF DIRECTORS. THE DECISION WAS MADE TO CLOSE THE ALTIERUS TRAINING SOLUTIONS PROGRAM EFFECTIVE IMMEDIATELY. THE CHANGE IS PART OF ECMC GROUP, INC.'S PLAN TO CONCENTRATE PRIMARILY ON ITS EDUCATIONAL CREDIT MANAGEMENT CORPORATION GUARANTOR-RELATED ACTIVITIES, ECMC FOUNDATION AND EDUCATION IMPACT INVESTING.
Expenses $1,286,443 · Revenue $6,792
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
K Paul SinghK PAUL SINGH
BOARD CHAIR ECMC EDUCATION
- Total calculated
- $152,500
- From this org
- $0
- From related orgs
- $152,500
- Other
- $0
- Hours/week
- 1 + 7 related
Schedule J breakdown matched by us
- Base
- $0 + $152,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $152,500 related
-
James V McKeonJAMES V MCKEON
DIRECTOR
- Total calculated
- $196,250
- From this org
- $0
- From related orgs
- $196,250
- Other
- $0
- Hours/week
- 1 + 17 related
Schedule J breakdown matched by us
- Base
- $0 + $196,250 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $196,250 related
-
Diana J IngramDIANA J INGRAM
DIRECTOR
- Total calculated
- $156,250
- From this org
- $0
- From related orgs
- $156,250
- Other
- $0
- Hours/week
- 1 + 11 related
Schedule J breakdown matched by us
- Base
- $0 + $156,250 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $156,250 related
-
Jack O'ConnellJACK O'CONNELL
DIRECTOR
- Total calculated
- $140,000
- From this org
- $0
- From related orgs
- $140,000
- Other
- $0
- Hours/week
- 1 + 10 related
-
Derek LanghauserDEREK LANGHAUSER
DIRECTOR
- Total calculated
- $137,500
- From this org
- $0
- From related orgs
- $137,500
- Other
- $0
- Hours/week
- 1 + 9 related
-
Jennifer AndersonJENNIFER ANDERSON
DIRECTOR
- Total calculated
- $132,500
- From this org
- $0
- From related orgs
- $132,500
- Other
- $0
- Hours/week
- 1 + 10 related
-
James RuncieJAMES RUNCIE
DIRECTOR
- Total calculated
- $127,500
- From this org
- $0
- From related orgs
- $127,500
- Other
- $0
- Hours/week
- 1 + 11 related
-
Maurice M SalterMAURICE M SALTER
DIRECTOR
- Total calculated
- $157,500
- From this org
- $0
- From related orgs
- $157,500
- Other
- $0
- Hours/week
- 1 + 10 related
Schedule J breakdown matched by us
- Base
- $0 + $157,500 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $157,500 related
-
Julia S GouwJULIA S GOUW
DIRECTOR
- Total calculated
- $155,000
- From this org
- $0
- From related orgs
- $155,000
- Other
- $0
- Hours/week
- 1 + 8 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
-
Jeremy J WheatonJEREMY J WHEATON
PRES & CEO-PART YR, SR ADVISOR
- Total calculated
- $1,324,035
- From this org
- $0
- From related orgs
- $1,271,506
- Other
- $52,529
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $408,446 related
- Bonus
- $0 + $800,000 related
- Other
- $0 + $63,060 related
- Deferred
- $0 + $18,300 related
- Nontaxable benefits
- $0 + $34,229 related
- Filer's total
- $0 + $1,324,035 related
-
Daniel S FisherDANIEL S FISHER
GRP PRES & CEO, EDU PRES
- Total calculated
- $1,125,940
- From this org
- $0
- From related orgs
- $1,013,493
- Other
- $112,447
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $484,979 related
- Bonus
- $0 + $504,688 related
- Other
- $0 + $23,826 related
- Deferred
- $0 + $78,235 related
- Nontaxable benefits
- $0 + $34,212 related
- Filer's total
- $0 + $1,125,940 related
-
Martin A ScanlonMARTIN A SCANLON
CFO & TREASURER
- Total calculated
- $948,962
- From this org
- $0
- From related orgs
- $851,966
- Other
- $96,996
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $415,034 related
- Bonus
- $0 + $412,500 related
- Other
- $0 + $24,432 related
- Deferred
- $0 + $68,435 related
- Nontaxable benefits
- $0 + $28,561 related
- Filer's total
- $0 + $948,962 related
-
Todd SteeleTODD STEELE
PRESIDENT (UNTIL 2-01-22)
- Total calculated
- $516,644
- From this org
- $507,073
- From related orgs
- $0
- Other
- $9,571
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $35,581
- Bonus
- $0
- Other
- $471,492
- Deferred
- $4,292
- Nontaxable benefits
- $5,279
- Filer's total
- $516,644
-
Jeremy W EricsonJEREMY W ERICSON
VP, MARKETING
- Total calculated
- $380,619
- From this org
- $358,364
- From related orgs
- $0
- Other
- $22,255
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $76,511
- Bonus
- $62,850
- Other
- $219,003
- Deferred
- $9,867
- Nontaxable benefits
- $12,388
- Filer's total
- $380,619
-
Jacob N KassubaJACOB N KASSUBA
VP, CAMPUS OPERATIONS
- Total calculated
- $293,410
- From this org
- $231,156
- From related orgs
- $0
- Other
- $62,254
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,927
- Bonus
- $49,401
- Other
- $1,828
- Deferred
- $27,640
- Nontaxable benefits
- $34,614
- Filer's total
- $293,410
-
Jennifer M ErpeldingJENNIFER M ERPELDING
VP, CHIEF ACADEMIC OFFICER
- Total calculated
- $391,364
- From this org
- $365,248
- From related orgs
- $0
- Other
- $26,116
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,830
- Bonus
- $51,539
- Other
- $196,879
- Deferred
- $4,992
- Nontaxable benefits
- $21,124
- Filer's total
- $391,364
-
Joni KurlandJONI KURLAND
VP, ACRED, LIC, & CAMPUS CPL
- Total calculated
- $237,539
- From this org
- $211,649
- From related orgs
- $0
- Other
- $25,890
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,515
- Bonus
- $45,864
- Other
- $2,270
- Deferred
- $25,165
- Nontaxable benefits
- $725
- Filer's total
- $237,539
-
Andrea AdamsANDREA ADAMS
VP, ALTIERUS TRAINING SOLUTION
- Total calculated
- $326,868
- From this org
- $313,164
- From related orgs
- $0
- Other
- $13,704
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $81,350
- Bonus
- $24,528
- Other
- $207,286
- Deferred
- $7,157
- Nontaxable benefits
- $6,547
- Filer's total
- $326,868
-
Brian BoardmanBRIAN BOARDMAN
GRP GENERAL COUNSEL & CORP SEC
- Total calculated
- $458,698
- From this org
- $0
- From related orgs
- $382,212
- Other
- $76,486
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $264,020 related
- Bonus
- $0 + $110,925 related
- Other
- $0 + $7,267 related
- Deferred
- $0 + $39,552 related
- Nontaxable benefits
- $0 + $36,934 related
- Filer's total
- $0 + $458,698 related
-
Josh SlaytonJOSH SLAYTON
EDU PRES & SVP GRP DEV-PART YR
- Total calculated
- $968,711
- From this org
- $0
- From related orgs
- $933,694
- Other
- $35,017
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $155,575 related
- Bonus
- $0 + $259,000 related
- Other
- $0 + $519,119 related
- Deferred
- $0 + $16,350 related
- Nontaxable benefits
- $0 + $18,667 related
- Filer's total
- $0 + $968,711 related
-
Gregory GarrettGREGORY GARRETT
CAMPUS DIRECTOR
- Total calculated
- $179,853
- From this org
- $159,731
- From related orgs
- $0
- Other
- $20,122
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,481
- Bonus
- $19,618
- Other
- $1,632
- Deferred
- $18,503
- Nontaxable benefits
- $1,619
- Filer's total
- $179,853
-
Ryan PughRYAN PUGH
DEAN, INSTRUC LEADSHP & TECH
- Total calculated
- $165,226
- From this org
- $120,887
- From related orgs
- $0
- Other
- $44,339
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $105,433
- Bonus
- $15,000
- Other
- $454
- Deferred
- $15,261
- Nontaxable benefits
- $29,078
- Filer's total
- $165,226
-
Lyn CrossLYN CROSS
AVP, FINANCIAL AID OPERATIONS
- Total calculated
- $187,853
- From this org
- $151,547
- From related orgs
- $0
- Other
- $36,306
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,898
- Bonus
- $15,000
- Other
- $649
- Deferred
- $18,572
- Nontaxable benefits
- $17,734
- Filer's total
- $187,853
-
Tim DenglerTIM DENGLER
CAMPUS DIRECTOR
- Total calculated
- $186,977
- From this org
- $141,079
- From related orgs
- $0
- Other
- $45,898
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $122,608
- Bonus
- $17,743
- Other
- $728
- Deferred
- $17,562
- Nontaxable benefits
- $28,336
- Filer's total
- $186,977
-
Sharon ClaySHARON CLAY
CAMPUS DIRECTOR
- Total calculated
- $160,555
- From this org
- $127,580
- From related orgs
- $0
- Other
- $32,975
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,324
- Bonus
- $10,652
- Other
- $604
- Deferred
- $12,188
- Nontaxable benefits
- $20,787
- Filer's total
- $160,555
-
John F DepodestaJOHN F DEPODESTA
FORMER BOARD CHAIR
- Total calculated
- $75,000
- From this org
- $0
- From related orgs
- $75,000
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0 + $75,000 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $75,000 related
-
Roberta Cooper RamoROBERTA COOPER RAMO
FORMER DIRECTOR
- 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
-
I King JordanI KING JORDAN
FORMER DIRECTOR
- Total calculated
- $30,000
- From this org
- $0
- From related orgs
- $30,000
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0 + $30,000 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $30,000 related
-
Peter J TaylorPETER J TAYLOR
FORMER PRES & CEO
- Total calculated
- $897,828
- From this org
- $0
- From related orgs
- $719,867
- Other
- $177,961
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $495,758 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $124,109 related
- Deferred
- $0 + $155,065 related
- Nontaxable benefits
- $0 + $22,896 related
- Filer's total
- $0 + $897,828 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, and on a Form 990-PF Part VIII's — 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 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 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
- 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
- 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. 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 2022, ECMC EDUCATION, INC PAID TRAVEL EXPENSES FOR AN ECMC EDUCATION, INC EMPLOYEE'S SPOUSE TO ATTEND A COMPANY-SPONSORED EVENT. THE EXCEPTION TO POLICY WAS APPROVED.
- PART I, LINES 4A-B
- PART I, LINE 4A - SEVERANCE OR CHANGE-OF-CONTROL PAYMENT: THE FOLLOWING RECEIVED A SEVERANCE PAYMENT IN 2022: TODD STEELE - $427,388 JENNIFER M. ERPELDING - $176,220 JEREMY W. ERICSON - $196,478 ANDREA ADAMS - $194,154 JOSH SLAYTON - $486,529 PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: 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 2022, DANIEL S. FISHER AND MARTIN A. SCANLON PARTICIPATED IN THE 457(F) PLAN, AND RECEIVED EMPLOYER CONTRIBUTIONS OF $19,135, AND $9,335, RESPECTIVELY, AND PETER J. TAYLOR PARTICIPATED IN THE SERP PLAN, AND RECEIVED AN EMPLOYER CONTRIBUTION OF $100,765.
- PART I, LINE 5
- COMPENSATION CONTINGENT ON REVENUES OF A RELATED ORGANIZATION 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
- COMPENSATION CONTINGENT ON NET EARNINGS OF A RELATED ORGANIZATION 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
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
BROOKLYN CENTER HIGH SCHOOL
$0
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
-
SUPPLY CHROMEBOOKS FOR EDUCATIONAL USE
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.
-
501(C)(3) · EDUCATION FINANCE · DE
-
501(C)(3) · GUARANTOR · MN
Directly controlled by ECMC GROUP INC
-
501(C)(3) · PROMOTE EDUCATION · DE
Directly controlled by ECMC GROUP INC
-
ECMC REVENUE MANAGEMENT CORPORATION
501(C)(3) · STUDENT LOAN DEFAULT RESOLUTION · DE
Directly controlled by EDUCATIONAL CREDIT MANAGEMENT CORPORATION
-
501(C)(3) · STUDENT LOAN REPAYMENT SERVICES · DE
Directly controlled by ECMC GROUP INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
1 NORTH CHINA A EQUITY FUND LLC
EXCLUDED · INVESTMENTS · DE
-
ATX A-TEAM THE GUILD LP
EXCLUDED · INVESTMENTS · TX
-
AUBREY GEMS PARTNERS LP
EXCLUDED · INVESTMENTS · NY
-
BST 052 A SERIES OF SAX CAP FUND III LP
EXCLUDED · INVESTMENTS · DE
-
CHLOE CAPITAL FUND I LP
EXCLUDED · INVESTMENTS · DE
-
COMMONFUND CAP SECONDARIES OPP FUND
EXCLUDED · INVESTMENTS · DE
-
CRP VF IV GP LP
EXCLUDED · INVESTMENTS · DE
-
ECMC-UV CO-INVESTMENT FUND LP
EXCLUDED · INVESTMENTS · DE
-
ELEMENTS HEALTH VENTURES II LLC
EXCLUDED · INVESTMENTS · DE
-
FUND D-2 RIOT VENTURES OPPORTUNITY FUND
EXCLUDED · INVESTMENTS · DE
-
GEM MINING 4 LLC
EXCLUDED · INVESTMENTS · DE
-
ONRAMP EDUC & WORKFORCE INNOV FUND
EXCLUDED · INVESTMENTS · DE
-
PC-1 DEVELOPERS LLC
EXCLUDED · INVESTMENTS · NV
-
R7 FAMILY FUND LP
EXCLUDED · INVESTMENTS · DE
-
RI FUND I A SERIES OF BOOST VC SPV LP
EXCLUDED · INVESTMENTS · CJ
-
SUPERIOR SOLUTIONS I LP
EXCLUDED · INVESTMENTS · DE
-
TABOR MILLENNIAL FUND LP
EXCLUDED · INVESTMENTS · DE
-
TABOR OFFSHORE OPPORTUNITIES LTD
EXCLUDED · INVESTMENTS · CJ
-
UNLESS VENTURES LP
EXCLUDED · INVESTMENTS · DE
-
UP FUND I A SERIES OF BOOST VC SPV LP
EXCLUDED · INVESTMENTS · DE
-
WY FUND I A SERIES OF BOOST VC SPV LP
EXCLUDED · INVESTMENTS · DE
-
GENGLOBAL CRYSTAL LLC
EXCLUDED · INVESTMENTS · DE
-
GENGLOBAL SUNSHINE LLC
EXCLUDED · INVESTMENTS · DE
-
UNLESS LGH SPV LLC
EXCLUDED · INVESTMENTS · DE
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OAKDALE INVESTMENT MANAGEMENT CORP
C · HOLDING INVESTMENTS · DE
-
ECMC HOLDINGS CORPORATION
C · STRATEGIC OVERSIGHT · DE
-
EDUCATIONAL CREDIT SERVICES COMPANY
C · PRIVATE LOANS · DE
-
ECMC RECORDS & REC MGMT CORPORATION
C · DOCUMENT MANAGEMENT · DE
-
ECMC MANAGEMENT SERVICES CORPORATION
C · MANAGEMENT SERVICES · DE
-
ECMC TECHNOLOGY SERVICES CORPORATION
C · TECHNOLOGY SERVICES · DE
-
ECMC SERVICING CORPORATION
C · LOAN SERVICING · DE
-
ECMC PRIVATE MARKET OPPORTUNITIES LP
C · INVESTMENTS · DE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349316532
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.