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Organizations Education Ascendium Education Solutions Inc

Ascendium Education Solutions Inc

Fiscal year ending 2019. Filed on September 1, 2020.

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 2019 IRS Form 990 filing, Ascendium Education Solutions Inc, a 501(c)(3) charitable organization, reported compensation for 15 out of 234 total employees. Among the employees shown here, the average compensation is $295,806. The highest compensated employee at Ascendium Education Solutions Inc is Richard D George 2 with fiscal year 2019 compensation of $996,196. Ascendium Education Solutions Inc changed its name from Great Lakes Higher Education Guaranty Corp in 2018.

Revenue, expenses, and employee compensation

Revenue

$511,268,683

Expenses

$319,237,947

Employee compensation

$18,374,613
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard D George 2
Chair/Pres/Ceo/Treas
$996,196
$0 $953,156 $43,040
Hope Merry 3
Chief Financial Officer
$392,140
$0 $351,274 $40,866
Jacqueline Fairbairn
Vp-Policy/Comp/Claims/Collect
$326,934
$273,454 No related comp$53,480
Beth Erickson 3
Vice President - Repayment Solutions
$309,962
$278,867 No related comp$31,095
Jeff Crosby 3
Chief Operating Officer
$307,677
$0 $271,899 $35,778
Rebecca Rapp 3
Gen Cnsl, Chief Priv Ofc and Ass
$306,589
$0 $268,945 $37,644
Amy Kobishop 3
Vice President - Education Philanthropy
$297,969
$272,226 No related comp$25,743
Maureen Harrill 3
Vice President, Human Resources
$231,619
$0 $203,406 $28,213
Brian Kobishop 3
Vice President - It/Security/Logistics
$195,953
$0 $184,186 $11,767
Matt Harlowe 3
Director Internal Audit
$191,083
$0 $174,978 $16,105
Barbara Wilhelm 3
Director Claims Review
$189,275
$164,198 No related comp$25,077
Rebecca Villarreal 3
Director Education Grantmaking
$179,964
$164,238 No related comp$15,726

Benchmark Employee Compensation

Non-Employee Board Members

Cynthia Walsh 1
Director
$21,750
$21,750 No related compNo other comp
Richard A Weiss 1
Director
$19,750
$6,583 $13,167 No other comp
Thomas A Scarlett 1
Director
$17,750
$17,750 No related compNo other comp
Mary Burke 1
Director
$17,750
$5,917 $11,833 No other comp
Emerson Brumback 1
Director
$13,750
$5,875 $7,875 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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