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Employer Identification Number 41-1991995

ECMC GROUP is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:ECMC GROUP
Employer identification number (EIN):41-1991995
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:525990
NAIC Description:Other Financial Vehicles
401k Pension/Benefits registration ECMC GROUP 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementECMC Group, Inc. supports Educational Credit Management Corporation and Zenith Education Group, Inc. ECMC Group, Inc. supports the furtherance of the exempt purpose of Educational Credit Management Corporation and Zenith Education Group, Inc. by providing services that help students recognize and realize their potential by investing in, creating and providing innovative education solutions that support schools, and improve student educational outcomes.
Number of Employees546
Number of Volunteers0
Year Formed2000

Organization Governance

Legal DomicileDE
Voting Members - Governing Body8
Voting Members - Independent8

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 31,997,479
Net unrelated business incomeUSD $ 7,852,436
Program Service Revenue from prior yearUSD $ 191,870,698
Program Service Revenue from current yearUSD $ 177,093,028
Investment Income from prior yearUSD $ 4,573,551,121
Investment Income from current yearUSD $ 186,593,924
Other Revenue from prior yearUSD $ 9,321,612
Other Revenue from current yearUSD $ 7,746,364
Gross receipts from all sourcesUSD $ 1,668,318,469
Net assets / fund balances at end of fiscal yearUSD $ 1,311,927,000
Net assets / fund balances at beginning of fiscal yearUSD $ 1,276,116,757
Total liabilities at end of fiscal yearUSD $ 4,364,904,671
Total liabilities at beginning of fiscal yearUSD $ 4,017,358,201
Total assets at end of fiscal yearUSD $ 5,676,831,671
Total assets at beginning of fiscal yearUSD $ 5,293,474,958
Revenues less expenses for current yearUSD $ 220,329,484
Revenues less expenses for previous yearUSD $ 4,772,422,733
Total expenses for current yearUSD $ 280,995,832
Total expenses for previous yearUSD $ 269,141,527
Other expenses in current yearUSD $ 163,179,330
Other expenses in previous yearUSD $ 163,987,204
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,030,158
Employee salary and benefits paid in previous yearUSD $ 11,792,601
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 105,786,344
Grants and similar amounts paid in previous yearUSD $ 93,361,722
Total revenue in current fiscal yearUSD $ 501,325,316
Total revenue in previous fiscal yearUSD $ 5,041,564,260
Contributions and grants from current yearUSD $ 129,892,000
Contributions and grants from previous yearUSD $ 266,820,829
Total of other revenueUSD $ 7,746,364
2022-12-31
Total unrelated business incomeUSD $ 19,455,190
Net unrelated business incomeUSD $ 3,867,516
Program Service Revenue from prior yearUSD $ 91,960,563
Program Service Revenue from current yearUSD $ 110,098,286
Investment Income from prior yearUSD $ 188,485,958
Investment Income from current yearUSD $ 101,941,700
Other Revenue from prior yearUSD $ 5,984,001
Other Revenue from current yearUSD $ 6,856,021
Gross receipts from all sourcesUSD $ 1,099,037,948
Net assets / fund balances at end of fiscal yearUSD $ 1,149,200,794
Net assets / fund balances at beginning of fiscal yearUSD $ 1,588,933,746
Total liabilities at end of fiscal yearUSD $ 4,273,162,854
Total liabilities at beginning of fiscal yearUSD $ 4,217,559,074
Total assets at end of fiscal yearUSD $ 5,422,363,648
Total assets at beginning of fiscal yearUSD $ 5,806,492,820
Revenues less expenses for current yearUSD $ -212,847,164
Revenues less expenses for previous yearUSD $ 411,548,286
Total expenses for current yearUSD $ 680,177,668
Total expenses for previous yearUSD $ 152,473,246
Other expenses in current yearUSD $ 135,624,289
Other expenses in previous yearUSD $ 65,173,536
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,651,045
Employee salary and benefits paid in previous yearUSD $ 13,655,703
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 528,902,334
Grants and similar amounts paid in previous yearUSD $ 73,644,007
Total revenue in current fiscal yearUSD $ 467,330,504
Total revenue in previous fiscal yearUSD $ 564,021,532
Contributions and grants from current yearUSD $ 248,434,497
Contributions and grants from previous yearUSD $ 277,591,010
Total of other revenueUSD $ 6,856,021
2021-12-31
Total unrelated business incomeUSD $ 9,129,086
Net unrelated business incomeUSD $ 809,909
Program Service Revenue from prior yearUSD $ 102,833,866
Program Service Revenue from current yearUSD $ 91,960,563
Investment Income from prior yearUSD $ 121,198,194
Investment Income from current yearUSD $ 188,485,958
Other Revenue from prior yearUSD $ 5,518,849
Other Revenue from current yearUSD $ 5,984,001
Gross receipts from all sourcesUSD $ 952,654,741
Net assets / fund balances at end of fiscal yearUSD $ 1,588,933,746
Net assets / fund balances at beginning of fiscal yearUSD $ 1,117,097,856
Total liabilities at end of fiscal yearUSD $ 4,217,559,074
Total liabilities at beginning of fiscal yearUSD $ 3,610,165,927
Total assets at end of fiscal yearUSD $ 5,806,492,820
Total assets at beginning of fiscal yearUSD $ 4,727,263,783
Revenues less expenses for current yearUSD $ 411,548,286
Revenues less expenses for previous yearUSD $ 245,026,423
Total expenses for current yearUSD $ 152,473,246
Total expenses for previous yearUSD $ 173,468,527
Other expenses in current yearUSD $ 65,173,536
Other expenses in previous yearUSD $ 85,150,158
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,655,703
Employee salary and benefits paid in previous yearUSD $ 14,701,878
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 73,644,007
Grants and similar amounts paid in previous yearUSD $ 73,616,491
Total revenue in current fiscal yearUSD $ 564,021,532
Total revenue in previous fiscal yearUSD $ 418,494,950
Contributions and grants from current yearUSD $ 277,591,010
Contributions and grants from previous yearUSD $ 188,944,041
Total of other revenueUSD $ 5,984,001
2020-12-31
Total unrelated business incomeUSD $ 7,136,220
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 105,417,773
Program Service Revenue from current yearUSD $ 102,833,866
Investment Income from prior yearUSD $ 49,338,353
Investment Income from current yearUSD $ 121,198,194
Other Revenue from prior yearUSD $ 4,365,164
Other Revenue from current yearUSD $ 5,518,849
Gross receipts from all sourcesUSD $ 1,716,210,670
Net assets / fund balances at end of fiscal yearUSD $ 1,117,097,856
Net assets / fund balances at beginning of fiscal yearUSD $ 846,831,475
Total liabilities at end of fiscal yearUSD $ 3,610,165,927
Total liabilities at beginning of fiscal yearUSD $ 2,897,699,267
Total assets at end of fiscal yearUSD $ 4,727,263,783
Total assets at beginning of fiscal yearUSD $ 3,744,530,742
Revenues less expenses for current yearUSD $ 245,026,423
Revenues less expenses for previous yearUSD $ 194,019,209
Total expenses for current yearUSD $ 173,468,527
Total expenses for previous yearUSD $ 167,699,665
Other expenses in current yearUSD $ 85,150,158
Other expenses in previous yearUSD $ 104,469,622
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,701,878
Employee salary and benefits paid in previous yearUSD $ 19,310,836
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 73,616,491
Grants and similar amounts paid in previous yearUSD $ 43,919,207
Total revenue in current fiscal yearUSD $ 418,494,950
Total revenue in previous fiscal yearUSD $ 361,718,874
Contributions and grants from current yearUSD $ 188,944,041
Contributions and grants from previous yearUSD $ 202,597,584
Total of other revenueUSD $ 5,518,849
2019-12-31
Total unrelated business incomeUSD $ 3,541,117
Net unrelated business incomeUSD $ 85,594
Program Service Revenue from prior yearUSD $ 96,720,581
Program Service Revenue from current yearUSD $ 105,417,773
Investment Income from prior yearUSD $ 57,005,273
Investment Income from current yearUSD $ 49,338,353
Other Revenue from prior yearUSD $ 4,125,572
Other Revenue from current yearUSD $ 4,365,164
Gross receipts from all sourcesUSD $ 630,918,053
Net assets / fund balances at end of fiscal yearUSD $ 846,831,475
Net assets / fund balances at beginning of fiscal yearUSD $ 681,182,359
Total liabilities at end of fiscal yearUSD $ 2,897,699,267
Total liabilities at beginning of fiscal yearUSD $ 2,549,969,674
Total assets at end of fiscal yearUSD $ 3,744,530,742
Total assets at beginning of fiscal yearUSD $ 3,231,152,033
Revenues less expenses for current yearUSD $ 194,019,209
Revenues less expenses for previous yearUSD $ 134,032,946
Total expenses for current yearUSD $ 167,699,665
Total expenses for previous yearUSD $ 255,318,480
Other expenses in current yearUSD $ 104,469,622
Other expenses in previous yearUSD $ 101,206,433
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 19,310,836
Employee salary and benefits paid in previous yearUSD $ 19,596,348
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 43,919,207
Grants and similar amounts paid in previous yearUSD $ 134,515,699
Total revenue in current fiscal yearUSD $ 361,718,874
Total revenue in previous fiscal yearUSD $ 389,351,426
Contributions and grants from current yearUSD $ 202,597,584
Contributions and grants from previous yearUSD $ 231,500,000
Total of other revenueUSD $ 4,365,164
2018-12-31
Total unrelated business incomeUSD $ 3,484,544
Net unrelated business incomeUSD $ 7,316
Program Service Revenue from prior yearUSD $ 56,812,038
Program Service Revenue from current yearUSD $ 96,720,581
Investment Income from prior yearUSD $ 40,663,426
Investment Income from current yearUSD $ 57,005,273
Other Revenue from prior yearUSD $ 3,001,912
Other Revenue from current yearUSD $ 4,125,572
Gross receipts from all sourcesUSD $ 1,089,159,400
Net assets / fund balances at end of fiscal yearUSD $ 681,182,359
Net assets / fund balances at beginning of fiscal yearUSD $ 597,694,156
Total liabilities at end of fiscal yearUSD $ 2,549,969,674
Total liabilities at beginning of fiscal yearUSD $ 2,373,065,342
Total assets at end of fiscal yearUSD $ 3,231,152,033
Total assets at beginning of fiscal yearUSD $ 2,970,759,498
Revenues less expenses for current yearUSD $ 134,032,946
Revenues less expenses for previous yearUSD $ 188,943,498
Total expenses for current yearUSD $ 255,318,480
Total expenses for previous yearUSD $ 219,533,878
Other expenses in current yearUSD $ 101,206,433
Other expenses in previous yearUSD $ 54,538,733
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 19,596,348
Employee salary and benefits paid in previous yearUSD $ 19,595,645
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 134,515,699
Grants and similar amounts paid in previous yearUSD $ 145,399,500
Total revenue in current fiscal yearUSD $ 389,351,426
Total revenue in previous fiscal yearUSD $ 408,477,376
Contributions and grants from current yearUSD $ 231,500,000
Contributions and grants from previous yearUSD $ 308,000,000
Total of other revenueUSD $ 4,125,572
2017-12-31
Total unrelated business incomeUSD $ 2,493,091
Net unrelated business incomeUSD $ -283,347
Program Service Revenue from prior yearUSD $ 23,715,371
Program Service Revenue from current yearUSD $ 56,812,038
Investment Income from prior yearUSD $ 19,151,402
Investment Income from current yearUSD $ 40,663,426
Other Revenue from prior yearUSD $ 3,300,354
Other Revenue from current yearUSD $ 3,001,912
Gross receipts from all sourcesUSD $ 559,514,642
Net assets / fund balances at end of fiscal yearUSD $ 597,694,156
Net assets / fund balances at beginning of fiscal yearUSD $ 383,206,363
Total liabilities at end of fiscal yearUSD $ 2,373,065,342
Total liabilities at beginning of fiscal yearUSD $ 1,490,275,394
Total assets at end of fiscal yearUSD $ 2,970,759,498
Total assets at beginning of fiscal yearUSD $ 1,873,481,757
Revenues less expenses for current yearUSD $ 188,943,498
Revenues less expenses for previous yearUSD $ -487,595,715
Total expenses for current yearUSD $ 219,533,878
Total expenses for previous yearUSD $ 788,762,842
Other expenses in current yearUSD $ 54,538,733
Other expenses in previous yearUSD $ 24,031,123
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 19,595,645
Employee salary and benefits paid in previous yearUSD $ 11,761,807
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 145,399,500
Grants and similar amounts paid in previous yearUSD $ 752,969,912
Total revenue in current fiscal yearUSD $ 408,477,376
Total revenue in previous fiscal yearUSD $ 301,167,127
Contributions and grants from current yearUSD $ 308,000,000
Contributions and grants from previous yearUSD $ 255,000,000
Total of other revenueUSD $ 3,001,912
2016-12-31
Total unrelated business incomeUSD $ 425,480
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 6,840,599
Program Service Revenue from current yearUSD $ 23,715,371
Investment Income from prior yearUSD $ 4,677,409
Investment Income from current yearUSD $ 19,151,402
Other Revenue from prior yearUSD $ 631,230
Other Revenue from current yearUSD $ 3,300,354
Gross receipts from all sourcesUSD $ 432,350,521
Net assets / fund balances at end of fiscal yearUSD $ 383,206,363
Net assets / fund balances at beginning of fiscal yearUSD $ 861,424,651
Total liabilities at end of fiscal yearUSD $ 1,490,275,394
Total liabilities at beginning of fiscal yearUSD $ 521,498,122
Total assets at end of fiscal yearUSD $ 1,873,481,757
Total assets at beginning of fiscal yearUSD $ 1,382,922,773
Revenues less expenses for current yearUSD $ -487,595,715
Revenues less expenses for previous yearUSD $ 105,366,041
Total expenses for current yearUSD $ 788,762,842
Total expenses for previous yearUSD $ 151,783,197
Other expenses in current yearUSD $ 24,031,123
Other expenses in previous yearUSD $ 25,703,828
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,761,807
Employee salary and benefits paid in previous yearUSD $ 10,264,196
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 752,969,912
Grants and similar amounts paid in previous yearUSD $ 115,815,173
Total revenue in current fiscal yearUSD $ 301,167,127
Total revenue in previous fiscal yearUSD $ 257,149,238
Contributions and grants from current yearUSD $ 255,000,000
Contributions and grants from previous yearUSD $ 245,000,000
Total of other revenueUSD $ 3,300,354
2015-12-31
Total unrelated business incomeUSD $ -281,987
Net unrelated business incomeUSD $ -281,987
Program Service Revenue from prior yearUSD $ 7,796,012
Program Service Revenue from current yearUSD $ 6,840,599
Investment Income from prior yearUSD $ 6,766,469
Investment Income from current yearUSD $ 4,677,409
Other Revenue from prior yearUSD $ 10,555,450
Other Revenue from current yearUSD $ 631,230
Gross receipts from all sourcesUSD $ 552,774,400
Net assets / fund balances at end of fiscal yearUSD $ 861,424,651
Net assets / fund balances at beginning of fiscal yearUSD $ 762,321,527
Total liabilities at end of fiscal yearUSD $ 521,498,122
Total liabilities at beginning of fiscal yearUSD $ 309,548,891
Total assets at end of fiscal yearUSD $ 1,382,922,773
Total assets at beginning of fiscal yearUSD $ 1,071,870,418
Revenues less expenses for current yearUSD $ 105,366,041
Revenues less expenses for previous yearUSD $ 83,272,770
Total expenses for current yearUSD $ 151,783,197
Total expenses for previous yearUSD $ 202,900,919
Other expenses in current yearUSD $ 25,703,828
Other expenses in previous yearUSD $ 16,645,398
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,264,196
Employee salary and benefits paid in previous yearUSD $ 9,969,674
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 115,815,173
Grants and similar amounts paid in previous yearUSD $ 176,285,847
Total revenue in current fiscal yearUSD $ 257,149,238
Total revenue in previous fiscal yearUSD $ 286,173,689
Contributions and grants from current yearUSD $ 245,000,000
Contributions and grants from previous yearUSD $ 261,055,758
Total of other revenueUSD $ 631,230
2014-12-31
Total unrelated business incomeUSD $ 124,519
Net unrelated business incomeUSD $ 123,519
Program Service Revenue from prior yearUSD $ 7,408,429
Program Service Revenue from current yearUSD $ 7,796,012
Investment Income from prior yearUSD $ 3,942,238
Investment Income from current yearUSD $ 6,766,469
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 10,555,450
Gross receipts from all sourcesUSD $ 286,173,689
Net assets / fund balances at end of fiscal yearUSD $ 762,321,527
Net assets / fund balances at beginning of fiscal yearUSD $ 656,426,003
Total liabilities at end of fiscal yearUSD $ 309,548,891
Total liabilities at beginning of fiscal yearUSD $ 184,604,755
Total assets at end of fiscal yearUSD $ 1,071,870,418
Total assets at beginning of fiscal yearUSD $ 841,030,758
Revenues less expenses for current yearUSD $ 83,272,770
Revenues less expenses for previous yearUSD $ 200,783,247
Total expenses for current yearUSD $ 202,900,919
Total expenses for previous yearUSD $ 171,545,898
Other expenses in current yearUSD $ 16,645,398
Other expenses in previous yearUSD $ 6,913,962
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,969,674
Employee salary and benefits paid in previous yearUSD $ 10,695,465
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 176,285,847
Grants and similar amounts paid in previous yearUSD $ 153,936,471
Total revenue in current fiscal yearUSD $ 286,173,689
Total revenue in previous fiscal yearUSD $ 372,329,145
Contributions and grants from current yearUSD $ 261,055,758
Contributions and grants from previous yearUSD $ 360,978,478
Total of other revenueUSD $ 10,555,450

Other Company Names associated with EIN

ECMC GROUP INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 411991995

USA Mailing Address
1 IMATION PLACE
OAKDALE
MN
55128
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Mailing Address
111 S. WASHINGTON AVENUE
SUITE 1400
MINNEAPOLIS
MN
554016800
Date first seen: 2017-09-29
Date last seen: 2025-09-16
USA Mailing Address
111 WASHINGTON AVENUE SOUTH
SUITE 1400
MINNEAPOLIS
MN
55401
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Mailing Address
1 Imation Place
Oakdale
MN
551283422
Date first seen: 2014-11-11
Date last seen: 2015-11-12
USA Mailing Address
111 S. WASHINGTON AVENUE
SUITE 1400
MINNEAPOLIS
MN
55401
Date first seen: 2007-01-01
Date last seen: 2026-10-15
USA Mailing Address
111 S WASHINGTON AVENUE SUITE 1400
MINNEAPPOLIS
MN
55401
Date first seen: 2007-01-01
Date last seen: 2026-10-02

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for ECMC GROUP

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