Compensation 990

Ascendium Education Solutions Inc

Fiscal year ending 2020. Filed on August 30, 2021.

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 2020 IRS Form 990 filing, Ascendium Education Solutions Inc, a 501(c)(3) charitable organization, reported compensation for 16 out of 217 total employees. Among the employees shown here, the average compensation is $299,913. The highest compensated employee at Ascendium Education Solutions Inc is Richard D George 23 with fiscal year 2020 compensation of $850,679. Ascendium Education Solutions Inc changed its name from Great Lakes Higher Education Guaranty Corp in 2018.

Revenue, expenses, and employee compensation

Revenue

$427,280,088

Expenses

$313,241,055

Employee compensation

$18,826,753
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－4.3%vs 2018
Richard D George 23
Chair/Pres/Ceo/Treas
$850,679
$0 from org$798,900 from related$51,779 other
＋74.6%vs 2019
Jeff Crosby 3
Chief Operating Officer
$537,321
$496,743 from orgNo related comp$40,578 other
＋7.1%vs 2019
Hope Merry 3
Chief Financial Officer
$420,096
$0 from org$373,772 from related$46,324 other
＋0.8%vs 2018
Jacqueline Fairbairn 3
Chief Compliance Officer
$326,188
$278,698 from orgNo related comp$47,490 other
＋1.8%vs 2019
Beth Erickson 3
Vice President - Repayment Solutions
$315,421
$284,373 from orgNo related comp$31,048 other
＋5.2%vs 2018
Rebecca Rapp 3
Gen Cnsl and Asst Secretary
$315,233
$0 from org$273,217 from related$42,016 other
＋3.5%vs 2019
Amy Kobishop 3
Vice President - Community Investments
$308,467
$275,086 from orgNo related comp$33,381 other
＋50.8%vs 2019
Brian Kobishop 3
Vice President - It/Security/Logistics
$295,499
$0 from org$276,540 from related$18,959 other
＋4.8%vs 2019
Maureen Harrill 3
Vice President, Human Resources
$242,801
$0 from org$207,850 from related$34,951 other
New in 2020
Matthew Harlowe 3
Director Internal Audit
$232,112
$0 from org$208,683 from related$23,429 other
New in 2020
Rebecca Villarreal 3
Director - Education Grantmakg
$216,050
$194,689 from orgNo related comp$21,361 other
＋15.9%vs 2019
Jeffrey Dick 3
Systems Analyst
$204,648
$166,377 from orgNo related comp$38,271 other

Non-Employee Board Members

－24.1%vs 2019
Cynthia Walsh 1
Director
$16,500
$16,500 from orgNo related compNo other comp
－16.5%vs 2019
Richard A Weiss 1
Director
$16,500
$5,500 from org$11,000 from relatedNo other comp
＋4.7%vs 2019
Emerson Brumback 1
Director
$14,400
$7,200 from org$7,200 from relatedNo other comp
New in 2020
David J Hanson 1
Secretary and Director
$14,400
$4,800 from org$9,600 from relatedNo other comp
－18.9%vs 2019
Thomas A Scarlett 1
Director
$14,400
$14,400 from orgNo related compNo other comp
－18.9%vs 2019
Mary Burke 1
Director
$14,400
$4,800 from org$9,600 from relatedNo other comp

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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