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Organizations Education Ascendium Education Solutions Inc

Ascendium Education Solutions Inc

Fiscal year ending 2024. Filed on October 24, 2025.

38 Buttonwood Court
One City Ce
Madison, Wisconsin 53718

Ascendium Education Solutions Inc (EIN: 39-1853833) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ascendium Education Solutions Inc, a 501(c)(3) charitable organization, reported compensation for 15 out of 163 total employees. Among the employees shown here, the average compensation is $358,697. The highest compensated employee at Ascendium Education Solutions Inc is Richard D George - 23 with fiscal year 2024 compensation of $922,505. Ascendium Education Solutions Inc changed its name from Great Lakes Higher Education Guaranty Corp in 2018.

Revenue, expenses, and employee compensation

Revenue

$266,994,248

Expenses

$169,298,500

Employee compensation

$16,227,321
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard D George - 23
Chair and Treasurer
$922,505
$0 $868,757 $53,748
Jeffery E Crosby - 3
President and CEO - AES
$609,494
$567,962 No related comp$41,532
Hope E Merry - 3
Chief Financial Officer
$487,551
$0 $429,284 $58,267
Jacqueline J Fairbairn - 3
Vice President - POL and REG Compliance
$373,840
$326,146 No related comp$47,694
Beth A Erickson - 3
Vice President - Repayment Solutions
$355,476
$326,486 No related comp$28,990
Brett G Lindquist - 3
Vice President - Strategic Communications
$355,040
$0 $297,922 $57,118
Rebecca E Rapp - 3
GEN CNSL and ASST Secretary
$353,124
$0 $309,412 $43,712
Eric C Maly - 3
Vice President - INFO Security and TECH
$347,976
$0 $292,950 $55,026
Matthew R Harlowe - 3
Director - Internal Audit
$308,672
$0 $260,968 $47,704
Maureen L Harrill - 3
Vice President, Human Resources
$279,321
$0 $245,757 $33,564
Jeffrey S Dick - 3
Systems Analyst
$216,832
$180,667 No related comp$36,165
Caralyn A Hansen - 3
Attigo SR MKTG Strategist
$205,415
$162,474 No related comp$42,941

Benchmark Employee Compensation

Non-Employee Board Members

Scott Klug - 1
Director
$55,000
$27,500 $27,500 No other comp
Leslie Lenzo - 1
Director
$46,000
$23,000 $23,000 No other comp
David J Hanson - 1
Director
$46,000
$23,000 $23,000 No other comp
Richard A Weiss - 1
Secretary and Director
$46,000
$23,000 $23,000 No other comp
Cynthia Walsh - 1
Director
$46,000
$46,000 No related compNo other comp
Maria Gonzalez-Knavel - 1
Director
$46,000
$23,000 $23,000 No other comp
Darren King - 1
Director
$46,000
$23,000 $23,000 No other comp
Emerson Brumback - 1
Vice Chair and Director
$37,000
$18,500 $18,500 No other comp

Contractors

Covington & Burling LLP
Legal
$322,706
Evaluation and Assessment Solutions for Education
Evaluation and Assessment Solutions for Education
$160,800
Senior Class Project LLC
Documentary
$150,000
Yourcause Holding LLC
Software Provider
$129,754

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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