Nonprofit · EIN 47-2237488
ECMC EDUCATION INC
Tax-exempt · MINNEAPOLIS, MN 55401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,039,865 | $4,551,007 | $9,488,858 | $2,944,520 | $16,115,435 | -$13,170,915 |
| December 31, 2023 | 990 | $31,590,718 | $12,858,781 | $18,731,937 | $5,890,322 | $28,550,095 | -$22,659,773 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,600,000
- Program service revenue
- $0
- Investment income
- $130,821
- Net gain from sales of assets
- $130,821
- Other revenue
- $4,309,044
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $173,495
- Other salaries and wages
- $69,526
- Salaries, compensation and benefits (total)
- $287,519
- Professional fundraising fees
- $0
- Legal fees
- $2,274
- Accounting fees
- $32,450
- Occupancy
- $4,311
- Travel
- $8,057
- Depreciation
- $2,766
- Program services (functional)
- $583,148
- Management and general (functional)
- $3,967,859
Balance sheet and other
- Total assets, start of year
- $5,890,322
- Total assets, end of year
- $2,944,520
- Total liabilities, end of year
- $16,115,435
- Net assets, end of year
- -$13,170,915
- Net assets without donor restrictions
- -$13,170,915
- Gross receipts
- $14,039,865
- Employees
- 7
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANIEL FISHER | PRESIDENT & CEO, ECMC GROUP Trustee or director, Officer | 0 | $0 | $1,373,427 | $130,325 |
| MARTIN SCANLON | CFO & TREASURER Officer | 0 | $0 | $903,005 | $108,170 |
| BRIAN BOARDMAN | GENERAL COUNSEL & CORP SECRETARY Officer | 0 | $0 | $520,510 | $91,781 |
| JACOB KASSUBA | VP, CAMPUS OPERATIONS-THRU 5/18 Officer | 40 | $365,471 | $0 | $20,184 |
| JONI KURLAND | VP, ACCRED & CAMPUS COMPL-THRU 1/13 Officer | 40 | $212,563 | $0 | $1,904 |
| JAMES V MCKEON | DIRECTOR Trustee or director | 0 | $0 | $197,500 | $0 |
| JULIA S GOUW | DIRECTOR Trustee or director | 0 | $0 | $155,000 | $0 |
| DIANA J INGRAM | DIRECTOR Trustee or director | 0 | $0 | $151,250 | $0 |
| K PAUL SINGH | BOARD CHAIR Trustee or director | 0 | $0 | $145,000 | $0 |
| JENNIFER ANDERSON | DIRECTOR Trustee or director | 0 | $0 | $138,750 | $0 |
| JACK O'CONNELL | DIRECTOR Trustee or director | 0 | $0 | $135,000 | $0 |
| JAMES RUNCIE | DIRECTOR Trustee or director | 0 | $0 | $135,000 | $0 |
| DEREK LANGHAUSER | DIRECTOR Trustee or director | 0 | $0 | $127,500 | $0 |
| NIKITI HARP | DIR, CAREER SERVICES-THRU 4/20 Highest-paid employee | 40 | $108,649 | $0 | $10,238 |
| JOHN F DEPODESTA | FORMER BOARD CHAIR Former | 0 | $0 | $60,000 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JEREMY WHEATON | FORMER PRESIDENT & CEO, ECMC GROUP Former | 0 | $0 | $19,539 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEREMY WHEATON | FORMER PRESIDENT & CEO, ECMC GROUP Former | 0 | $0 | $1,622,127 | $0 |
| DANIEL FISHER | PRESIDENT & CEO, ECMC GROUP Trustee or director, Officer | 0 | $0 | $1,268,659 | $126,730 |
| MARTIN SCANLON | CFO & TREASURER Officer | 0 | $0 | $918,311 | $104,819 |
| BRIAN BOARDMAN | GENERAL COUNSEL & CORP SECRETARY Officer | 0 | $0 | $453,655 | $86,354 |
| JACOB KASSUBA | VP, CAMPUS OPERATIONS Officer | 40 | $245,835 | $0 | $49,589 |
| SHARON CLAY | CAMPUS DIRECTOR-THRU 11/23 Highest-paid employee | 40 | $207,143 | $0 | $22,956 |
| JONI KURLAND | VP, ACCRED, LIC & CAMPUS COMPLIANCE Officer | 40 | $216,054 | $0 | $12,870 |
| LYN CROSS | ASSC VP, FIN AID OPS-THRU 11/23 Highest-paid employee | 40 | $187,856 | $0 | $29,183 |
| JAMES V MCKEON | DIRECTOR Trustee or director | 1 | $0 | $197,500 | $0 |
| JULIA S GOUW | DIRECTOR Trustee or director | 1 | $0 | $155,000 | $0 |
| DIANA J INGRAM | DIRECTOR Trustee or director | 1 | $0 | $151,250 | $0 |
| JENNIFER ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $148,750 | $0 |
| JACK O'CONNELL | DIRECTOR Trustee or director | 1 | $0 | $145,000 | $0 |
| K PAUL SINGH | BOARD CHAIR Trustee or director | 1 | $0 | $141,875 | $0 |
| DEREK LANGHAUSER | DIRECTOR Trustee or director | 1 | $0 | $137,500 | $0 |
| CHRISTIAN JAHNSEN | MGR, CENTRAL REGISTRAR-THRU 7/23 Highest-paid employee | 40 | $120,341 | $0 | $12,480 |
| VICTOR CORNIER | PROG CHAIR, SURGICAL TECH-THRU 11/23 Highest-paid employee | 40 | $113,989 | $0 | $18,728 |
| JAMES RUNCIE | DIRECTOR Trustee or director | 1 | $0 | $128,750 | $0 |
| TIM DENGLER | CAMPUS DIRECTOR-THRU 4/23 Highest-paid employee | 40 | $115,974 | $0 | $10,747 |
| JOHN F DEPODESTA | FORMER BOARD CHAIR Former | 0 | $0 | $60,000 | $0 |
| I KING JORDAN | FORMER DIRECTOR Former | 0 | $0 | $30,000 | $0 |
Address and contacts
- Address (IRS master file)
- 111 WASHINGTON AVE S STE 1400, MINNEAPOLIS, MN 55401-6800
- Mailing address (990-N for 2018)
- 111 WASHINGTON AVE SO STE 1400, MINNEAPOLIS MN 55401
- Principal officer (990 for 2024)
- DANIEL S FISHER, 111 WASHINGTON AVE SO 1400, MINNEAPOLIS, MN 55401
- Principal officer (990-N for 2018)
- MARTIN A SCANLON, 111 WASHINGTON AVE SO STE 1400, MINNEAPOLIS MN 55401
- Signed the 990
- MARTIN A SCANLON, CFO & TREASURER
- Phone
- (651) 221-0566
- Website
- WWW.ECMCEDUCATION.ORG
- Return prepared by
- KPMG LLP
Mission
ECMC EDUCATION, INC.'S MISSION IS TO TRANSFORM CAREER AND TECHNICAL EDUCATION TO PROVIDE ASPIRING AND CURRENT LEARNERS WITH SKILLS TO ELEVATE THEIR CAREERS AND COMMUNITIES.
Program accomplishments
- INSTRUCTION AND STUDENT SERVICES:ECMC EDUCATION OFFERED CAREER AND TECHNICAL EDUCATION OPPORTUNITIES WITH AN EMPHASIS IN ALLIED HEALTH AND TRADES. ON MARCH 31, 2022, A PLAN FOR LIQUIDATION FOR ECMC EDUCATION, INC. AND ALL THREE OF ITS ALTIERUS SCHOOLS WAS APPROVED BY THE ECMC GROUP, INC. BOARD OF DIRECTORS. THE TEACH-OUTS WERE COMPLETED DURING 2023 WITH RELATED EXPENSES BEING SETTLED THROUGH 2027. ECMC EDUCATION, INC. NO LONGER ENROLLS ANY STUDENTS AS OF DECEMBER 31, 2023. THE CHANGE IS PART OF ECMC GROUP, INC.'S PLAN TO CONCENTRATE PRIMARILY ON ITS EDUCATIONAL CREDIT MANAGEMENT CORPORATION GUARANTOR-RELATED ACTIVITIES, ECMC FOUNDATION AND EDUCATION IMPACT INVESTING.Expenses $583,148
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2237488
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B40)
- Assets (IRS master file)
- $2,944,520
- Income (IRS master file)
- $14,039,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,039,865 | $4,551,007 | $2,944,520 | XML |
| 990 | December 2023 | $31,590,718 | $12,858,781 | $5,890,322 | XML |
| 990 | December 2022 | $43,495,652 | $49,769,201 | $11,798,068 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: MARTIN A SCANLON | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2237488).
Questions about ECMC EDUCATION INC
- What is the EIN of ECMC EDUCATION INC?
- The employer identification number (EIN) of ECMC EDUCATION INC is 47-2237488.
- Is ECMC EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ECMC EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECMC EDUCATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ECMC EDUCATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECMC EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ECMC EDUCATION INC?
- The 990 for the year ended December 31, 2024 names DANIEL S FISHER.
- Who are the officers and directors of ECMC EDUCATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization.
- How much revenue does ECMC EDUCATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,039,865, expenses of $4,551,007 and total assets of $2,944,520 at year end.
Other nonprofits in MINNEAPOLIS
- UNIVERSITY OF MINNESOTA FOUNDATION EIN 41-6042488 · last filed 990 for 2025
- ECMC GROUP INC EIN 41-1991995 · last filed 990 for 2024
- SCHOLARSHIP AMERICA INC EIN 04-2296967 · last filed 990-N for 2025
- AUGSBURG UNIVERSITY EIN 41-0694721 · last filed 990 for 2025
- READING & MATH INC EIN 47-2306902 · last filed 990 for 2025
- MINNESOTA TRANSITIONS CHARTERED SCHOOL EIN 41-1823173 · last filed 990 for 2025
- ECMC FOUNDATION EIN 41-1990628 · last filed 990 for 2024
- BRECK SCHOOL EIN 41-0693894 · last filed 990 for 2025