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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 2017. Filed on November 14, 2018.

111 Washington Ave So 1400
Ste 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 2017 IRS Form 990 filing, Educational Credit Management Corporation, a 501(c)(3) charitable organization, reported compensation for 25 out of 503 total employees. Among the employees shown here, the average compensation is $319,556. The highest compensated employee at Educational Credit Management Corporation is Janice A Hines with fiscal year 2017 compensation of $743,713.

Revenue, expenses, and employee compensation

Revenue

$405,151,558

Expenses

$435,118,916

Employee compensation

$59,076,918
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Janice A Hines
President and CEO ECMC
$743,713
$665,425 No related comp$78,288
Gregory A van Guilder
Chief Financial Officer (Until 11-08-17)
$688,013
$0 $606,861 $81,152
Peter J Taylor
Former Director, Current Foundation President and Director
$661,813
$0 $564,927 $96,886
Martin A Scanlon
Senior Vice President Finance and CFO, ECMC (Effective 11-09-17)
$469,013
$0 $400,852 $68,161
Daniel S Fisher
General Counsel/Corp Secretary
$455,978
$0 $387,888 $68,090
Len B Hyde
Vice President Default Management
$409,570
$344,904 No related comp$64,666
Jeremy J Wheaton
President and CEO ECMC Group, Inc.
$399,882
$0 $363,102 $36,780
Therese B Bickler
Vice President ECMC Operations
$352,413
$295,787 No related comp$56,626
Kathleen M King
Vice President Finance and Controller
$348,127
$0 $293,405 $54,722
Heidi J Johnson
Vice President Enterprise Risk Management and Strategic Initiatives
$343,026
$0 $281,260 $61,766
Hugh E McSherry
Vice President Corporate Services
$330,780
$0 $274,880 $55,900
Matthew T Mikulski
Vice President Internal Audit
$283,535
$0 $234,234 $49,301

Benchmark Employee Compensation

Non-Employee Board Members

Maurice M Salter
Director
$140,000
$0 $140,000 No other comp
Roberta Cooper Ramo
Director
$138,000
$0 $138,000 No other comp
Julia Gouw
Director
$123,000
$0 $123,000 No other comp
Jack O'Connell
Director
$117,500
$0 $117,500 No other comp
I King Jordan
Director
$110,000
$0 $110,000 No other comp
K Paul Singh
Director
$101,250
$0 $101,250 No other comp

Contractors

Performant Recovery
Collection Agency
$6,014,523
Gc Services Lp
Collection Agency
$4,719,550
Pioneer Credit Recovery Inc
Collection Agency
$4,355,259
Allied Interstate Inc.
Collection Agency
$4,181,839
Account Control Technology Inc.
Collection Agency
$2,795,751

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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