Compensation 990

Educational Credit Management Corporation

Fiscal year ending 2024. Filed on November 15, 2025.

111 Washington Ave So 1400
2823
Minneapolis, Minnesota 55401

Educational Credit Management Corporation (EIN: 41-1778617) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Educational Credit Management Corporation, a 501(c)(3) charitable organization, reported compensation for 16 out of 250 total employees. Among the employees shown here, the average compensation is $404,395. The highest compensated employee at Educational Credit Management Corporation is Daniel Fisher with fiscal year 2024 compensation of $1,503,752.

Revenue, expenses, and employee compensation

Revenue

$264,998,856

Expenses

$261,591,267

Employee compensation

$54,661,330
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋7.8%vs 2023
Daniel Fisher
President and CEO, ECMC Group
$1,503,752
$0 from org$1,373,427 from related$130,325 other
－1.2%vs 2023
Martin Scanlon
Chief Financial Officer and Treasurer
$1,011,175
$0 from org$903,005 from related$108,170 other
＋5.1%vs 2023
Chad Tate
President, ECMC
$688,729
$599,179 from orgNo related comp$89,550 other
＋13.4%vs 2023
Brian Boardman
General Counsel and CORP Secretary
$612,291
$0 from org$520,510 from related$91,781 other
＋2.8%vs 2023
Therese Bickler
Vice President, ECMC Operations
$391,878
$345,093 from orgNo related comp$46,785 other
＋1.9%vs 2023
Paula Craw
Vice President, Outreach
$307,165
$279,939 from orgNo related comp$27,226 other
＋2.1%vs 2023
Nathan Vickery
SR Director, Repayment Success Center
$299,631
$254,849 from orgNo related comp$44,782 other
＋6.1%vs 2023
J Hamlin Sjoberg
SR Director, Guarantor Services
$287,958
$245,596 from orgNo related comp$42,362 other
＋6.1%vs 2023
Han Cho
Director, Portfolio Management
$269,895
$210,205 from orgNo related comp$59,690 other
＋6.1%vs 2023
Jan Jacobson
Director, Customer Service
$263,063
$205,258 from orgNo related comp$57,805 other
New in 2024
Charles Nadeau
Director, Analytics and Revenue MGMT
$251,499
$187,153 from orgNo related comp$64,346 other
±0%vs 2023
James V McKeon
Board Chair
$197,500
$0 from org$197,500 from relatedNo other comp

Non-Employee Board Members

＋2.2%vs 2023
K Paul Singh
Director
$145,000
$0 from org$145,000 from relatedNo other comp
－6.7%vs 2023
Jennifer Anderson
Director
$138,750
$0 from org$138,750 from relatedNo other comp
＋4.9%vs 2023
James Runcie
Director
$135,000
$0 from org$135,000 from relatedNo other comp
－6.9%vs 2023
Jack O'Connell
Director
$135,000
$0 from org$135,000 from relatedNo other comp
－7.3%vs 2023
Derek Langhauser
Director
$127,500
$0 from org$127,500 from relatedNo other comp

Contractors

New in 2024
Nasfaa
Professional
$5,027,641
New in 2024
Partnership for Education Advancement
Professional
$5,000,000
New in 2024
Alvaria Inc.
IT and Support
$676,717
New in 2024
Quadient Finance USA Inc.
Finance
$459,031
New in 2024
Fame
Ga Servicing
$340,000

Mission Statement

EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC) PROVIDES FINANCIAL COUNSELING AND EDUCATION TO EMPOWER STUDENTS TO MAKE BETTER CHOICES ABOUT THEIR FUTURES.

Revisions to this organization profile

November 15, 2025:
2024 Educational Credit Management Corporation 990 filed
November 14, 2024:
2023 Educational Credit Management Corporation 990 filed
November 14, 2023:
2022 Educational Credit Management Corporation 990 filed

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