Ecmc Group Inc
Donations deductibleRevenue
$501.3m
year to 31 December 2024
Expenses
$281m
year to 31 December 2024
Total assets
$5.68bn
$4.36bn liabilities
Net assets
$1.31bn
assets less liabilities
Directors and trustees
9
4.4y av
Staff
245
employees, year to 31 December 2024
Chair observed
≥2 yrs
James V McKeon
Left since last filing
0
no seats appear to have opened
Ecmc Group Inc's network
9 people3 organisationsi9 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (21) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| James V McKeon Chair | Board Chair | 2022 | 4 yrs |
| Daniel S Fisher (also filed as Daniel Fisher) | President & CEO | 2022 | 4 yrs |
| Derek Langhauser | Director | 2022 | 4 yrs |
| Diana J Ingram | Director | 2022 | 4 yrs |
| Jack O'Connell | Director | 2022 | 4 yrs |
| James Runcie | Director | 2022 | 4 yrs |
| Jennifer Anderson | Director | 2022 | 4 yrs |
| Julia S Gouw | Director | 2022 | 4 yrs |
| K Paul Singh | Director | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
30 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Aaron Woodrich | VP, Information Tech | since 2022 |
| Adam Trampe | VP, Deputy General Counsel | since 2022 |
| Ann Johnston | Sr Dir, It Business Operations | 2024 |
| Brian Boardman | GRP General Counsel & Corp Sec | since 2022 |
| Bruce Feist | VP, Applications & Analytics | since 2022 |
| Cassie Stark | Dir, Human Resources & Talent | 2023 |
| Christine Noel | Government Affairs Director | 2022 |
| Christopher Janzen | VP, Academic Technology - Part Year | since 2022 |
| Dean J Vandecoevering | Sr Dir, Financial Planning | since 2022 |
| Gregory A Van Guilder | Chief Investment Officer | 2022 |
| Gregory Van Guilder | Chief Investment Officer | 2023 |
| Heidi J Johnson | SVP, Chief of Staff | since 2022 |
| Hugh E McSherry | VP, Corporate Services | since 2022 |
| Iris Cumberbatch | SVP, Corporate Affairs | since 2022 |
| James Fisher | Sr Dir, Investments | 2023 |
| John McKennell | VP, Chief Information Sec. Off | since 2022 |
| John Yopp | Dir, Software Engineering | 2024 |
| Joseph Watt | VP, Impact Investing | since 2022 |
| Josh Slayton | Edu Pres & SVP GRP Dev-Part Yr | 2022 |
| Josh Ullom | VP, Applications & Analytics | 2024 |
| Martin A Scanlon | CFO & Treasurer | since 2022 |
| Matthew T Mikulski | VP, Internal Audit | since 2022 |
| Philip Becker | VP, Investments | since 2022 |
| Rahoul Ghose | Chief Information Officer | since 2022 |
| Sara Hegg | Dir, Total Rewards & Payroll | 2022 |
| Sarah Strehl | Chief Human Resources Officer | since 2022 |
| Stephen H Hansen | VP, It | since 2022 |
| Steven Hupert | Dir, It | since 2023 |
| Tiffany Thompson | VP, Finance & Controller | since 2022 |
| Troy Gunderman | Dir, Litigation | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Daniel Fisher | President & CEO | 40 | $1.4m | $130k | |
| Martin Scanlon | CFO & Treasurer | 40 | $903k | $108k | |
| Sarah Strehl | Chief Human Resources Officer | 40 | $706k | $100k | |
| Rahoul Ghose | Chief Information Officer | 40 | $660k | $102k | |
| Brian Boardman | General Counsel & Corp Secretary | 40 | $521k | $92k | |
| Iris Cumberbatch | Sr VP, Corporate Affairs | 40 | $513k | $56k | |
| Heidi Johnson | Chief of Staff | 40 | $512k | $92k | |
| Joseph Watt | VP, Impact Investing | 40 | $359k | $34k | |
| John McKennell | Chief Information Security Officer | 40 | $347k | $72k | |
| Adam Trampe | VP, Deputy General Counsel | 40 | $345k | $68k | |
| Tiffany Thompson | VP, Finance & Controller | 40 | $334k | $34k | |
| Hugh McSherry | VP, Corporate Services | 40 | $323k | $64k | |
| Matthew Mikulski | VP, Internal Audit | 40 | $294k | $54k | |
| Troy Gunderman | Dir, Litigation | 40 | $280k | $65k | |
| Ann Johnston | Sr Dir, It Business Operations | 40 | $276k | $47k | |
| Dean Vandecoevering | Sr Dir, Finance | 40 | $275k | $48k | |
| Aaron Woodrich | VP, Information Tech | 40 | $270k | $74k | |
| John Yopp | Dir, Software Engineering | 40 | $267k | $56k | |
| Steven Hupert | Dir, Information Tech | 40 | $256k | $66k | |
| Steve Hansen | VP, Information Tech-Thru 6/26 | 40 | $196k | $22k | |
| Josh Ullom | VP, Applications & Analytics | 40 | $160k | $35k | |
| Gregory van Guilder | Former Chief Investment Officer | 0 | $28k | $1.2m | $99k |
| Jeremy Wheaton | Former President & CEO | 0 | $20k | ||
| Philip Becker | Former VP, Investments | 40 | $15k | $436k | $56k |
| James V McKeon | Board Chair | 13 | $0 | $198k | |
| Diana J Ingram | Director | 7 | $0 | $151k | |
| Jack O'connell | Director | 5 | $0 | $135k | |
| Julia S Gouw | Director | 5 | $0 | $155k | |
| Derek Langhauser | Director | 5 | $0 | $128k | |
| James Runcie | Director | 7 | $0 | $135k | |
| Jennifer Anderson | Director | 6 | $0 | $139k | |
| K Paul Singh | Director | 10 | $0 | $145k | |
| John F Depodesta | Former Board Chair | 0 | $0 | $60k |
About
- Legal name
- Ecmc Group Inc
- EIN
- 411991995
- Address
- 111 Washington Ave S1400, Minneapolis, MN, 55401
- State
- Minnesota
- Mission
- Ecmc group, inc's mission is to help students succeed by creating, providing and investing in innovative educational opportunities. (as filed on the Form 990)
- Activity (NTEE)
- B02 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 9 (IRS master file code)
- Formed
- 2000
- Principal officer
- Daniel S Fisher (as named on the Form 990)
- IRS ruling date
- 1 April 2001
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 3, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedGUARANTOREducational Credit Management CorporationRelatedPROMOTE EDUCATIONEcmc FoundationRelatedCAREER COLLEGESEcmc Education IncRelatedSTUDENT LOAN DEFAULT RESOLUTIONEcmc Revenue Management Corporation
Longest observed on the filings
≥4years on the filingsJames V McKeon
≥4years on the filingsDaniel S Fisher
≥4years on the filingsDerek Langhauser
≥4years on the filingsDiana J Ingram
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $5.68bn
- Total liabilities
- $4.36bn
- Net assets or fund balances
- $1.31bn
- Contributions and grants received
- $129.9m
- Program service revenue
- $177.1m
- Grants and similar paid out
- $105.8m
- Employees
- 245
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $501.3m | $281m | $220.3m |
As filed on the IRS Form 990. US dollars.
Grants paid
14 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Ecmc Foundation | General support | $82.9m |
| Educational Credit Management Corporation | General support | $12.6m |
| Ecmc Education Inc | General support | $9.6m |
| University of Minnesota Foundation | John depodesta leadership program, program sponsorship | $194k |
| Reve Academy | Program sponsorship | $50k |
| Cristo Rey Jesuit High School Twin Cities | Corporate internship program | $49k |
| Junior Achievement North | Program sponsorship, general support | $48k |
| Bestprep | Program sponsorship, general support | $26k |
| Jobs for the Future | Program sponsorship | $22k |
| Junior Achievement of Sacramento Inc | Program sponsorship, general support | $10k |
| Hired | Program sponsorship | $8k |
| Junior Achievement of Southern California Inc | Program sponsorship | $8k |
| Matter | Program support | $5k |
| Reading Partners Twin Cities | General support | $5k |