Public Charity

ECMC GROUP INC

ECMC GROUP INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $501.3M in revenue, $281.0M in expenses, $5.7B in total assets. 12 publicly reported grants to this organization, totaling roughly $1.6B, appear in IRS filings.

EIN: 411991995 MINNEAPOLIS, MN Management & Technical Assistance NTEE: B02 Latest filing: 2024
Total Revenue$501.3M
Total Expenses$281.0M
Total Assets$5.7B
Grant Records12
Funding Total$1.6B
Filing Years2019–2024

Mission

ECMC GROUP, INC'S MISSION IS TO HELP STUDENTS SUCCEED BY CREATING, PROVIDING AND INVESTING IN INNOVATIVE EDUCATIONAL OPPORTUNITIES.

Where $100 goes at Ecmc Group Inc

How Ecmc Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$50
Loan portfolio servicing:Ecmc Group, inc
58% of program spending
$36
Supporting related organizations:Ecmc Group, inc
42% of program spending
<$1
Grants & sponsorships:grants and sponsorships supplied by Ecmc Group, inc
0% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP, INFORMATION TECH Aaron Woodrich
VP, DEPUTY GENERAL COUNSEL Adam Trampe
SR DIR, IT BUSINESS OPERATIONS Ann Johnston
GENERAL COUNSEL & CORP SECRETARY Brian Boardman
PRESIDENT & CEO Daniel Fisher
SR DIR, FINANCE Dean Vandecoevering

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$915,610,000 5 grants
General Support
$653,219,326 5 grants
Economic Development
$500,000 1 grant
Unspecified
$1,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $501.3M $281.0M $5.7B
2023 $5.0B $269.1M $5.3B
2022 $467.3M $680.2M $5.4B
2020 $418.5M $173.5M $4.7B
2019 $361.7M $167.7M $3.7B

Between 2019 and 2024, reported annual revenue grew from $361.7M to $501.3M (+39%), with total assets most recently reported at $5.7B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ECMC GROUP INC

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