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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 2023. Filed on November 14, 2024.

111 Washington Ave So 1400
201
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 2023 IRS Form 990 filing, Educational Credit Management Corporation, a 501(c)(3) charitable organization, reported compensation for 17 out of 277 total employees. Among the employees shown here, the average compensation is $460,625. The highest compensated employee at Educational Credit Management Corporation is Jeremy Wheaton with fiscal year 2023 compensation of $1,622,127.

Revenue, expenses, and employee compensation

Revenue

$318,087,346

Expenses

$362,056,007

Employee compensation

$52,103,482
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeremy Wheaton
Former President and CEO, ECMC Group
$1,622,127
$0 $1,622,127 No other comp
Daniel Fisher
President and CEO, ECMC Group
$1,395,389
$0 $1,268,659 $126,730
Martin Scanlon
Chief Financial Officer and Treasurer
$1,023,130
$0 $918,311 $104,819
Chad Tate
President, ECMC
$655,111
$566,278 No related comp$88,833
Brian Boardman
General Counsel and CORP Secretary
$540,009
$0 $453,655 $86,354
Therese Bickler
Vice President, ECMC Operations
$381,242
$335,947 No related comp$45,295
Paula Craw
Vice President, Outreach
$301,322
$274,082 No related comp$27,240
Nathan Vickery
Senior Director, Repayment Success Center
$293,366
$236,870 No related comp$56,496
J Hamlin Sjoberg
Senior Director, Guarantor Services
$271,507
$229,871 No related comp$41,636
Han Cho
Director, Portfolio Management
$254,428
$198,984 No related comp$55,444
Nate Malmo
Director, Internal Default Management
$251,428
$196,704 No related comp$54,724
Jan Jacobson
Director, Customer Service
$247,823
$193,873 No related comp$53,950

Benchmark Employee Compensation

Non-Employee Board Members

Jennifer Anderson
Director
$148,750
$0 $148,750 No other comp
Jack O'Connell
Director
$145,000
$0 $145,000 No other comp
K Paul Singh
Director
$141,875
$0 $141,875 No other comp
Derek Langhauser
Director
$137,500
$0 $137,500 No other comp
James Runcie
Director
$128,750
$0 $128,750 No other comp

Contractors

Admithub Pbc
Software
$806,791
Noble Systems Corporation
Software
$691,418
Allied Interstate Inc.
Collection Agency
$478,678
Automated Collection Services Inc.
Collection Agency
$428,987
Livevox Inc.
Marketing
$428,869

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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