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Organizations Education Ascendium Education Solutions Inc

Ascendium Education Solutions Inc

Fiscal year ending 2018. Filed on August 29, 2019.

2501 International Lane
NW Suite 900
Madison, Wisconsin 53704

Ascendium Education Solutions Inc (EIN: 39-1853833) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Ascendium Education Solutions Inc, a 501(c)(3) charitable organization, reported compensation for 14 out of 241 total employees. Among the employees shown here, the average compensation is $269,338. The highest compensated employee at Ascendium Education Solutions Inc is Richard D George 23 with fiscal year 2018 compensation of $889,330. Ascendium Education Solutions Inc changed its name from Great Lakes Higher Education Guaranty Corp in 2018.

Revenue, expenses, and employee compensation

Revenue

$222,804,138

Expenses

$132,565,215

Employee compensation

$16,721,731
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard D George 23
Chair/Pres/Ceo/Treas
$889,330
$0 $846,087 $43,243
Hope Merry
Chief Financial Officer
$351,110
$0 $317,206 $33,904
Jacqueline Fairbairn 3
Vice President - Guaranty Services and Suppo
$323,508
$269,789 No related comp$53,719
Beth Erickson 3
Vice President - Repayment Solutions
$313,052
$275,364 No related comp$37,688
Rebecca Rapp 3
Gen Cnsl and Asst Secretary
$299,535
$0 $262,753 $36,782
Amy Kobishop 3
Vice President - Community Investments
$298,762
$269,476 No related comp$29,286
Jason Rasmussen
Director - Strategic Communication
$194,977
$156,315 No related comp$38,662
Barbara Wilhelm
Director - Claims Review
$171,347
$150,308 No related comp$21,039
Ellen Welke
Director - Default Collections
$153,355
$121,331 No related comp$32,024
Kira Cortese
Creative Director
$150,524
$127,469 No related comp$23,055
Brian Kobishop
Vice President - It/Security/Logistics
$137,302
$0 $124,576 $12,726
Kristi Myers
Systems Integration Analyst
$136,020
$119,570 No related comp$16,450

Benchmark Employee Compensation

Non-Employee Board Members

Cynthia Walsh 1
Director
$21,750
$10,875 $10,875 No other comp
Mary Burke 1
Director
$17,750
$3,550 $14,200 No other comp
Richard Weiss 1
Director
$17,750
$3,550 $14,200 No other comp
Emerson Brumback 1
Director
$17,750
$5,917 $11,833 No other comp
Thomas Scarlett 1
Director
$9,750
$4,875 $4,875 No other comp
David J Hanson 1
Secretary and Director
No compensation reported

Mission Statement

ASCENDIUM EDUCATION SOLUTIONS, INC. OPERATES TO PROVIDE FOR PHILANTHROPIC SUPPORT AND COST EFFECTIVE ENABLEMENT OF ACCESS TO AND PERSISTENCE IN POST-SECONDARY EDUCATION BY PROVIDING FULL-RANGE GUARANTY AGENCY SERVICES AND GRANT SUPPORT TO FUNDING SOURCES, EDUCATIONAL INSTITUTIONS, CHARITABLE ORGANIZATIONS, IN PURSUIT OF AND PARTICIPATION IN POST-SECONDARY EDUCATION IN ACCORDANCE WITH THE FEDERAL HIGHER EDUCATION ACT OF 1965, AS AMENDED. THIS MISSION STATEMENT HAS BEEN REVIEWED, ACKNOWLEDGED AND INFORMALLY APPROVED BY THE BOARD.

Revisions to this organization profile

October 24, 2025:
2024 Ascendium Education Solutions Inc 990 filed
October 2, 2024:
2023 Ascendium Education Solutions Inc 990 filed
August 30, 2023:
2022 Ascendium Education Solutions Inc 990 filed

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