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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Educational Credit Management Corporation

Educational Credit Management Corporation

Fiscal year ending 2016. Filed on November 10, 2017.

111 Washington Avenue South 1400
Suite 100
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 2016 IRS Form 990 filing, Educational Credit Management Corporation, a 501(c)(3) charitable organization, reported compensation for 26 out of 837 total employees. Among the employees shown here, the average compensation is $354,972. The highest compensated employee at Educational Credit Management Corporation is David L Hawn with fiscal year 2016 compensation of $1,126,896.

Revenue, expenses, and employee compensation

Revenue

$403,557,200

Expenses

$403,193,648

Employee compensation

$59,621,470
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David L Hawn
Group CEO and President
$1,126,896
$0 $1,083,898 $42,998
Gregory A van Guilder
Chief Financial Officer
$911,934
$0 $852,414 $59,520
Peter J Taylor
Former Director, Current Foundation President and Director and Zenith CEO and President
$754,393
$0 $592,526 $161,867
Janice A Hines
President and CEO ECMC
$587,032
$164,305 $379,461 $43,266
Daniel S Fisher
General Counsel/Corp Secretary
$567,560
$0 $516,779 $50,781
Heidi J Johnson
Vice President Enterprise Risk Management and Strategic Initiatives
$428,273
$0 $371,393 $56,880
Len B Hyde
Vice President Default Management
$385,947
$326,434 No related comp$59,513
Kathleen M King
Vice President Finance and Controller
$361,387
$0 $312,728 $48,659
Hugh E McSherry
Vice President Corporate Services
$347,186
$0 $294,652 $52,534
Martin A Scanlon
ECMC Holdings President and CEO
$336,125
$0 $277,920 $58,205
Therese B Bickler
Vice President ECMC Operations
$329,267
$271,040 No related comp$58,227
Heather M Renner
Government Affairs Director
$319,235
$0 $270,468 $48,767

Benchmark Employee Compensation

Non-Employee Board Members

Maurice Salter
Director
$147,500
$0 $147,500 No other comp
Roberta Cooper Ramo
Director
$145,500
$0 $145,500 No other comp
Julia Gouw
Director
$130,500
$0 $130,500 No other comp
Gary Cook
Director
$130,000
$0 $130,000 No other comp
I King Jordan
Director
$125,000
$0 $125,000 No other comp
Jack O'Connell
Director
$120,000
$0 $120,000 No other comp

Contractors

Performant Recovery
Collection Agency
$9,038,404
Gc Services Lp
Collection Agency
$7,919,401
Pioneer Credit Recovery Inc
Collection Agency
$6,211,907
Allied Interstate Inc
Collection Agency
$3,686,555
Transworld Systems Inc
Collection Agency
$3,415,312

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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