ECMC FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ECMC FOUNDATION (EIN 41-1990628)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-12
- IRS object ID
- 201213179349301646
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-12T10:49:27-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6TH ST STE 2300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411990628 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECMC FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ECMC | NameControl |
| Phone | 6512210566 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 IMATION PLACE BUILDING 2 | AddressLine1 |
| City | OAKDALE | City |
| State | MN | State |
| ZIP Code | 551283422 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY VAN GUILDER | Name |
| Title | CFO | Title |
| Phone | 6512210566 | Phone |
| Date Signed | 2012-11-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAWRENCE H MOHR CPA | Name |
| Phone | 6128764500 | Phone |
| Date Prepared | 2012-11-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD BOYLE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 IMATION PLACE BUILDING 2 | AddressLine1 |
| City | OAKDALE | City |
| State | MN | State |
| ZIP Code | 551283422 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 65056404 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.ecmcfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | ECMC Foundation helps low-income, first generation students gain access to and succeed in college. Of expenditures, 99.97% go directly to programs and only 0.03% are allocated to administrative costs. Note, Directors and executives are not compensated by the Foundation. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 2690208 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 65053498 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1039 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2906 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2691247 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65056404 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 721750 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 62984750 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 724583 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 842304 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 370914 | OtherExpensePriorYear |
| Other Expenses Current Year | 357350 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1817247 | TotalExpensesPriorYear |
| Total Expenses Current Year | 64184404 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 874000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 872000 | RevenuesLessExpensesCY |
| Total Assets BOY | 5477333 | TotalAssetsBOY |
| Total Assets EOY | 47897705 | TotalAssetsEOY |
| Total Liabilities BOY | 832727 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 42381099 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4644606 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5516606 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ECMC Foundation helps people of all ages further their higher education goals focusing on | MissionDescription |
| Significant New Program Services | true | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 62250000 | Expense |
| Grants | 62250000 | Grants |
| Description | CAL GRANTS: HELPING LOW-INCOME STUDENTS PURSUE HIGHER EDUCATION IS CORE TO ECMC FOUNDATION'S MISSION. AS PART OF THIS MISSION AS WELL AS OUR COMMITMENT TO THE STATE OF CALIFORNIA, THE ECMC FOUNDATION BOARD OF DIRECTORS APPROVED A CONTRIBUTION IN EXCESS OF $62 MILLION FOR THE 2011-12 CAL GRANT PROGRAM. AS THE LARGEST SOURCE OF CALIFORNIA STATE AID, CAL GRANTS HELP STUDENTS IN NEED GAIN ACCESS TO HIGHER EDUCATION. OVER THE PAST TWO YEARS, ECMC FOUNDATION AND ITS AFFILIATES HAVE CONTRIBUTED $246.7 MILLION TO THE CAL GRANT PROGRAM. THESE CONTRIBUTIONS TRANSLATE INTO OVER 42,000 CALIFORNIA STUDENTS HAVING THE FINANCIAL RESOURCES NECESSARY TO PURSUE THEIR DREAM OF A HIGHER EDUCATION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 908248 | Expense |
| Grants | 688000 | Grants |
| Description | ECMC SCHOLARS: THE ECMC SCHOLARS PROGRAM IS A HIGH SCHOOL MENTORING PROGRAM DESIGNED TO INCREASE PARTICIPATION IN HIGHER EDUCATION FOR LOW-INCOME INDIVIDUALS, AS WELL AS, FOR THOSE WHO MAY BE THE FIRST MEMBER OF THEIR FAMILY TO HAVE AN OPPORTUNITY TO ATTEND COLLEGE. THE PROGRAM CHALLENGES THESE STUDENTS TO BETTER PREPARE FOR HIGHER EDUCATION DURING THEIR JUNIOR AND SENIOR YEARS OF HIGH SCHOOL. TO DATE, ECMC FOUNDATION HAS PLEDGED MORE THAN $10.8 MILLION IN SCHOLARSHIPS TO 1,790 STUDENTS IN THIS | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 627464 | Expense |
| Grants | 11750 | Grants |
| Description | THE COLLEGE PLACE: THE COLLEGE PLACE WORKS TO HELP INDIVIDUALS OF ALL AGES PURSUE OPPORTUNITIES FOR HIGHER EDUCATION. THE COLLEGE PLACE PROVIDES FREE ASSISTANCE AND RESOURCES ABOUT SCHOOLS, THE COST OF EDUCATION, FINANCIAL AID AND ADMISSIONS. THERE ARE CURRENTLY FIVE COLLEGE ACCESS CENTERS-TWO CENTERS IN VIRGINIA AND ONE CENTER EACH IN OREGON, CONNECTICUT AND CALIFORNIA. IN 2011, 16,683 PEOPLE WERE ASSISTED IN THE CENTERS. THE CENTERS HAVE ASSISTED OVER 56,000 PEOPLE SINCE THE INCEPTION OF THE P | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 377890 | Expense |
| Grants | 35000 | Grants |
| Description | Believing the College Dream,Realizing the College Dream, PERSIST and other programs are described on Schedule O. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 377890 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 35000 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 64163602 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREGORY VAN GUILDER | NamePerson |
| Telephone Number | 6512210566 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 IMATION PLACE BUILDING 2 | AddressLine1 |
| City | OAKDALE | City |
| State | MN | State |
| ZIP Code | 551283422 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| ROBERT STEIN | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 105155 | 0 | ||||
| GARY COOK | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 82154 | 0 | ||||
| ROBERTA COOPER RAMO | |||||||||
| Director Not paid by Foundation | 2.00 | X | 0 | 95055 | 0 | ||||
| JOHN DEPODESTA | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 105154 | 0 | ||||
| EDWARD JENNINGS | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 74155 | 0 | ||||
| I KING JORDAN | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 82155 | 0 | ||||
| JAMES MCKEON | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 81155 | 0 | ||||
| JACK O'CONNELL | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 44770 | 0 | ||||
| MAURICE SALTER | |||||||||
| Director Not paid by Foundation | 1.00 | X | 0 | 44770 | 0 | ||||
| RICHARD BOYLE | |||||||||
| Dir/CEO Not paid by Foundation | 1.00 | X | 0 | 895486 | 47410 | X | |||
| GREGORY VAN GUILDER | |||||||||
| CFO Not paid by Foundation | 1.00 | 0 | 473578 | 52753 | X | ||||
| DANIEL FISHER | |||||||||
| Sec/GC Not paid by Foundation | 1.00 | 0 | 380088 | 56000 | X | ||||
| MARCH KESSLER | |||||||||
| Executive Director | 38.00 | 172599 | 0 | 25317 | X | ||||
| VICKI WHEBBE | |||||||||
| Program Director | 41.00 | 115920 | 0 | 21014 | X | ||||
| RICHARD THOMPSON | |||||||||
| Director-The College Place | 41 | 82272 | 25545 | X | |||||
| JAMES MURRAY | |||||||||
| Fmr Director Not paid by Foundation | 0 | 42710 | X | ||||||
| STEVEN WELLVANG | |||||||||
| Fmr Sec/GC Not paid by Foundation | 1 | 501031 | 52600 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 370791 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 3007416 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 280639 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 65053498 | RelatedOrganizations |
| Total Contributions | 65053498 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2906 | TotalRevenueColumn |
| Exclusion | $2,906 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65056404 | TotalRevenueColumn |
| Exclusion | $2,906 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62285000 | Total |
| Program Services | 62285000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 699750 | Total |
| Program Services | 699750 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171802 | Total |
| Program Services | 165537 | ProgramServices |
| Management And General | 6265 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 517870 | Total |
| Program Services | 517668 | ProgramServices |
| Management And General | 202 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35946 | Total |
| Program Services | 35922 | ProgramServices |
| Management And General | 24 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77266 | Total |
| Program Services | 77215 | ProgramServices |
| Management And General | 51 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39420 | Total |
| Program Services | 39393 | ProgramServices |
| Management And General | 27 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1310 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1310 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2442 | Total |
| Program Services | 138 | ProgramServices |
| Management And General | 2304 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138363 | Total |
| Program Services | 138017 | ProgramServices |
| Management And General | 346 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7088 | Total |
| Program Services | 7088 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87602 | Total |
| Program Services | 79923 | ProgramServices |
| Management And General | 7679 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7243 | Total |
| Program Services | 6866 | ProgramServices |
| Management And General | 377 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29258 | Total |
| Program Services | 29025 | ProgramServices |
| Management And General | 233 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36733 | Total |
| Program Services | 36728 | ProgramServices |
| Management And General | 5 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4775 | Total |
| Program Services | 4771 | ProgramServices |
| Management And General | 4 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4876 | Total |
| Program Services | 4837 | ProgramServices |
| Management And General | 39 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Usage Fee on shared Assets | Description |
| Total | 36011 | Total |
| Program Services | 35724 | ProgramServices |
| Management And General | 287 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1649 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1649 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64184404 | Total |
| Program Services | 64163602 | ProgramServices |
| Management And General | 20802 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171322 | BOY |
| EOY | 22757098 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5131313 | BOY |
| EOY | 4512008 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174698 | BOY |
| EOY | 20628599 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5477333 | BOY |
| EOY | 47897705 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125699 | BOY |
| EOY | 113903 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 665746 | BOY |
| EOY | 42240142 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41282 | BOY |
| EOY | 27054 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 832727 | BOY |
| EOY | 42381099 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12606 | BOY |
| EOY | 12606 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4632000 | BOY |
| EOY | 5504000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4644606 | BOY |
| EOY | 5516606 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5477333 | BOY |
| EOY | 47897705 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 872000 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDU CREDIT MGMT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411778617 | EIN |
| Type Of Organization | 9 | TypeOfOrganization |
| Listed In Governing Doc | true | ListedInGoverningDoc |
| Supported Organization Notified | true | SupportedOrganizationNotified |
| Organized In US | true | OrganizedInUS |
| Amount | $64,184,404 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 64184404 | SumOfAmounts |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Due From ECMC Group, Inc. | 20619051 |
| Due from Educational Credit Management Corporation | 8515 |
| Accrued Interest | 1033 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 20628599 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Due to ECMC Group, Inc. | Description |
| Amount | $27,054 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 27054 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt X | The FIN 48 (ASC 470) disclosure in the ECMC Group, Inc. and |
| SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS READS AS FOLLOWS: "ECMC GROUP, ECMC AND THE FOUNDATION ARE NONPROFIT 501(C)(3) CORPORATIONS AND ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES." THE BALANCE OF THE DISCLOSURE IN THE FINANCIAL STATEMENTS PERTAINS TO RELATED ENTITIES BUT DOES STATE "GROUP HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011." --- |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| CALIFORNIA STUDENT AID COMMISSION | |||||||
| PO BOX 419026 | RANCHO CORDOVA | CA | 95741 | 680317676 | n/a | 62250000 | Education Grant |
| WESTERN OREGON UNIVERSITY | |||||||
| 345 NO MONMOUTH AVE | MONMOUTH | OR | 97361 | 936001786 | n/a | 25000 | Leadership Conf |
| VIRGINIA COMMONWEALTH UNIV FDN | |||||||
| PO BOX 843062 | RICHMOND | VA | 23284 | 540757884 | 501(c)(3) | 10000 | Gen Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| ECMC Scholars Scholarships | 273 | 688000 |
| The College Place Scholarships | 10 | 11750 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (13 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | Helping low-income students pursue higher education is core to ECMC Foundation's mission. |
| As part of this mission as well as our commitment to the state of California, the ECMC | |
| Foundation Board of Directors approved a contribution in excess of $62 million for the | |
| 2011-12 Cal Grant Program. As the largest source of California state aid, Cal Grants | |
| help students in need gain access to higher education. Over the past two years, ECMC | |
| Foundation and its affiliates have contributed $246.7 million to the Cal Grant | |
| Program. These contributions translate into over 42,000 California students having | |
| the financial resources necessary to pursue their dream of a higher education. | |
| --- | |
| The grants and assistance to the other organizations listed in Part II are minimal in nature | |
| and are issued in support of student financial aid conferences which do not require monitoring. | |
| ECMC Foundation scholarships listed in Part III are issued as jointly payable to | |
| the student and the school to ensure the funds are used for educational expenses. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | true | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | true | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD BOYLE | |||||||||||
| 474998 | 347000 | 73488 | 29400 | 18010 | 942896 | ||||||
| GREGORY VAN GUILDER | |||||||||||
| 305414 | 166388 | 1776 | 31553 | 21200 | 526331 | ||||||
| DANIEL FISHER | |||||||||||
| 242514 | 134690 | 2884 | 29400 | 26600 | 436088 | ||||||
| MARCH KESSLER | |||||||||||
| 132098 | 38550 | 1951 | 17305 | 8012 | 197916 | ||||||
| JAMES MURRAY | |||||||||||
| 42710 | 42710 | ||||||||||
| STEVEN WELLVANG | |||||||||||
| 309760 | 182271 | 9000 | 29400 | 23200 | 553631 | ||||||
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 5b | The compensation descriptions that follow are related to compensation NOT paid by ECMC Foundation. Per the Form 990 Instructions, ECMC Foundation is required to provide compensation information from related organizations (i.e., ECMC and ECMC Group). These descriptions are related to compensation paid by ECMC and ECMC Group. --- ECMC Foundation does not make payments for the annual officer incentive plan; these payments are made by ECMC Group/ECMC. ECMC Group's annual officer incentive plan requires achievement of stated primary financial goals, which includes revenues, before any payment to any officer is made. --- |
| Pt I Line 6b | ECMC Foundation does not make payments for the annual officer incentive plan; these payments are made by ECMC Group/ECMC. ECMC Group's annual officer incentive plan requires achievement of stated key performance metrics, which includes net earnings before any payment to any officer is made. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (180 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I, Line 1 | About ECMC Foundation |
| ECMC Foundation helps people of all ages further their education | |
| goals, particularly low-income individuals, as well as those who | |
| may be the first member of their family to attend college. | |
| Our innovative outreach programs focus on college access, retention | |
| and success. Through partnerships with government agencies, | |
| educational institutions and community organizations, ECMC | |
| Foundation is able to help make the dream of college a | |
| reality for those individuals who may not otherwise have | |
| an opportunity to pursue higher education. 99.97% of all | |
| Foundation expenditures go directly to programs in support | |
| it its mission and only 0.03% are allocated to administrative | |
| costs. ECMC Foundation is funded by ECMC Group. | |
| For more information, visit www.ecmcfoundation.org. | |
| --- | |
| Pt I, Line 6 | Volunteers: |
| Nine volunteers provided 386 hours of service at three of ECMC | |
| Foundation's College Place centers. Services provided by the | |
| volunteers included receptionist and clerical duties and | |
| assisting students and their parents in the completion of | |
| the Free Application for Federal Student Aid. | |
| --- | |
| Pt III, Line 2 | Cal Grant Program |
| Refer to detailed description on Part III, Line 4a. | |
| --- | |
| Pt III, Line 4d | Continued from Part III, Line 4d. Other program services: |
| Form 990, Part III, Line 4d | BELIEVING THE COLLEGE DREAM,REALIZING THE COLLEGE DREAM, 377890. 35000. 0. |
| Believing the College Dream: | |
| Believing the College Dream is a curriculum guide that supports | |
| teachers, counselors and community-based organization staffs | |
| in their work to increase the expectations of attending | |
| college by students in grades 4-8. The curriculum has a focus | |
| on low-income students as well as those students who may | |
| be the first member of their family to have an opportunity | |
| to attend college. The curriculum is free and distributed | |
| nationally. | |
| --- | |
| ECMC Foundation sponsored four training sessions during | |
| 2011 in which 420 education professionals were trained | |
| to use the curriculum. | |
| --- | |
| Realizing the College Dream: | |
| Realizing the College Dream is a curriculum guide that supports | |
| teachers, counselors and community-based organization staffs | |
| in their work to increase the expectations of attending | |
| college by high school students. The curriculum has a focus | |
| on low-income students as well as those students who may | |
| be the first member of their family to have an opportunity | |
| to attend college. The curriculum is free and distributed | |
| nationally. According to a usage study conducted by the Pell | |
| Institute, the materials could potentially be having an | |
| effect on the lives of hundreds of thousands of students. | |
| --- | |
| PERSIST: | |
| PERSIST is a guide for postsecondary educations to help at-risk | |
| students successfully navigate the varied aspects of the college | |
| experience. This guide includes tools to help to increase the | |
| success rates of those college students most at risk for dropping | |
| out: first generation college students, those from low-income | |
| families, commuter students and nontraditional age students. | |
| --- | |
| ECMC Foundation sponsored one training session during | |
| 2011 in which 120 education professionals were trained. | |
| --- | |
| Other programs: | |
| Miscellaneous programs and activities for the furtherance | |
| of educational opportunities through grants, awards and | |
| research on the management of educational debt. | |
| Expenses $377,890 including grants of $35,000. Revenue $0. | |
| --- | |
| Pt VI, Line 6 | ECMC Foundation has one member. The member is ECMC Group, Inc. |
| a Delaware, non-stock, non-profit corporation exempt under | |
| section 501(c)(3). There are no stockholders. | |
| --- | |
| Pt VI, Line 7a | ECMC Group, Inc. has the right to elect and/or approve all the |
| directors of the ECMC Foundation Board of Directors. | |
| --- | |
| Pt VI, Line 7b | ECMC Group, Inc., the sole member of ECMC Foundation, has the |
| following rights with respect to ECMC Foundation: | |
| 1. To authorize amendments to the certificates of incorporation | |
| and bylaws. | |
| 2. To approve the strategic and financial plans. | |
| 3. To elect and/or approve the members of the board of directors. | |
| 4. To oversee coordination of programs and services offered. | |
| 5. To authorize formation, governance and dissolution. | |
| --- | |
| Pt VI, Line 11a | All members of the Board of Directors and executive management |
| are provided a copy of Form 990 to review and provide comments | |
| prior to filing. All members of the Board of Directors and | |
| Executive Management are provided with a copy of the final | |
| version of Form 990 before it has been filed. | |
| --- | |
| Pt VI, Line 12c | Officers, directors and all employees are required to reaffirm on an |
| annual basis their understanding of the company's Code of Ethics | |
| and Business Conduct. The affirmation specifically references | |
| that the individual will comply with the directives of the Code | |
| of Ethics and Business Conduct. Conflicts of Interest and disclosure | |
| of potential conflicts is included in the Code of Ethics | |
| and Business Conduct. Monitoring and enforcement of the policy | |
| is accomplished through the reaffirmation process. | |
| --- | |
| In cases where a potential conflict exists at the officer and key | |
| employee levels, the issue is disclosed to the CEO and Director of | |
| Corporate Compliance. For potential or real conflicts involving | |
| the CEO or a member of the Board of Directors, the disclosure is | |
| made to the Board Chair. The Board member or CEO will be required | |
| to excuse themselves from deliberation and voting on matters | |
| where they may have a conflict of interest. | |
| --- | |
| Pt VI, Line 13 | Whistleblower Policy |
| ECMC Group, Inc. has a Code of Ethics and Business | |
| Conduct policy that is affirmed annually by all ECMC Group, Inc. | |
| and affiliated companies' officers, directors, and employees. | |
| While there is not a specific whistleblower policy, there | |
| is a provision incorporated into the Code of Ethics and | |
| Business Conduct policy that binds all employees. The | |
| provision states that there can be no repercussions for good | |
| faith reporting of potential illegal practices or violations of | |
| corporate policies. ECMC Foundation has established an | |
| anonymous whistleblower telephone hotline and website | |
| administered by an outside vendor. | |
| --- | |
| Pt VI, Line 15 | The following describes the ECMC and ECMC Group executive |
| compensation methodology. Note: ECMC Foundation does not | |
| compensate executive officers. | |
| --- | |
| The Governance & Compensation Committee of the ECMC Group | |
| Board of Directors is wholly comprised of independent, | |
| outside directors. In 2011, the Committee retained executive | |
| compensation experts from Grant Thornton, a global compensation | |
| consulting organization, through Arnold & Porter LLP to identify | |
| appropriate CEO and senior executive compensation packages. | |
| Arnold & Porter LLP provided a written opinion on the | |
| reasonableness of this compensation. The market analysis | |
| performed by Grant Thornton for Arnold & Porter LLP includes | |
| salary and incentive data from an appropriate peer group under | |
| IRS regulations and includes both nonprofit and for profit entities. | |
| --- | |
| Pt VI, Line 17 | States to file Form 990: New Mexico and Oregon. |
| --- | |
| Pr VI, Line 19 | No documents are made available to the public. |
| --- | |
| Pt VII-A | ECMC Foundation Directors do not receive compensation for |
| their service associated with ECMC Foundation, but do receive | |
| compensation for their service provided to related | |
| organizations-ECMC and ECMC Group. Per the Form 990 | |
| Instructions, ECMC Foundation is required to provide the hours | |
| worked by ECMC Foundation Directors for ECMC Foundation, ECMC, | |
| ECMC Group and other related organizations. See details below: | |
| --- | |
| Robert Stein-related orgs=11 hrs/wk, Foundation=1 hr/wk, total=12 hrs/wk | |
| Gary Cook-related orgs=8 hrs/wk, Foundation=1 hr/wk, total=9 hrs/wk | |
| Roberta Cooper Ramo-related orgs=8 hrs/wk, Foundation=2 hrs/wk, total=10 hrs/wk | |
| John DePodesta-related orgs=11 hrs/wk, Foundation=1 hr/wk, total=12 hrs/wk | |
| Edward Jennings-related orgs=7 hrs/wk, Foundation=1 hr/wk, total=8 hrs/wk | |
| I. King Jordan-related orgs=8 hrs/wk, Foundation=1 hr/wk, total=9 hrs/wk | |
| James McKeon-related orgs=8 hrs/wk, Foundation=1 hr/wk, total=9 hrs/wk | |
| Jack O'Connell-related orgs=7 hrs/wk, Foundation=1 hr/wk, total=8 hrs/wk | |
| Maurice Salter-related orgs=7 hrs/wk, Foundation=1 hr/wk, total=8 hrs/wk | |
| --- | |
| The officers of ECMC Foundation listed below do not receive | |
| compensation for their service associated with ECMC Foundation, | |
| but do receive compensation for their service provided | |
| to related organizations-ECMC and ECMC Group. Per the | |
| Form 990 Instructions, ECMC Foundation is required to | |
| provide the hours worked by the officers and key employees | |
| of ECMC Foundation for ECMC Foundation, ECMC, ECMC Group | |
| and other related organizations. See details below: | |
| --- | |
| Richard Boyle-related orgs=81 hrs/wk, Foundation=1 hrs/wk, total=82 hrs/wk | |
| Gregory Van Guilder-related orgs=56 hrs/wk, Foundation=1 hrs/wk, total=57 hrs/wk | |
| Daniel Fisher-related orgs=49 hrs/wk, Foundation=1 hrs/wk, total=50 hrs/wk | |
| March Kessler-related orgs=5 hrs/wk, Foundation=38 hrs/wk, total=43 hrs/wk | |
| Vicki Whebbe-related orgs=1 hr/wk, Foundation=40 hrs/wk, total=41 hrs/wk | |
| Richard Thompson-related orgs=0 hrs/wk, Foundation=41 hrs/wk, total=41 hrs/wk | |
| James Murray-related orgs=0 hrs/wk, Foundation=0 hrs/wk, total=0 hrs/wk | |
| Steven Wellvang-related orgs=42 hrs/wk, Foundation=1 hrs/wk, total= 43 hrs/wk | |
| --- | |
| James Murray, a former Director, had a consulting agreement in 2011. | |
| --- |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| EDUCATIONAL CREDIT MGMT CORP | |||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411778617 | GUARANTOR | MN | 501(c)(3) | Line 9 | false |
| ECMC GROUP INC | |||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411991995 | EDUCATION FINANCE | DE | 501(c)(3) | Line 11a, I | false |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType |
|---|---|---|---|---|---|---|---|---|
| PREMIERE CREDIT OF NO AMERICA LLC | ||||||||
| 2002 WELLESLEY BLVD | INDIANAPOLIS | IN | 46219 | 352085743 | Accounts Receivable Mgmt | IN | NA | N/A |
| OAKDALE STUDENT LOAN FUNDING LLC | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 271914648 | Holding FFELP Loans | DE | NA | N/A |
Form990 Schedule R Part IV Form990ScheduleRPartIV (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|---|
| ECMC HOLDINGS CORPORATION | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411991992 | Strategic Oversight | DE | NA | C |
| EDUCATIONAL CREDIT SERVICES CO | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411992001 | Private Loans | DE | NA | C |
| ECMC RECORDS & REC MANAGEMENT CORPORATION | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411989959 | Document Management | DE | NA | C |
| ECMC MANAGEMENT SERVICES CORPORATION | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411989960 | Management Services | DE | NA | C |
| ECMC TECHNOLOGY SERVICES CORPORATION | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 411989958 | Technology Services | DE | NA | C |
| ECMC SOLUTIONS CORPORATION | ||||||||
| 1 IMATION PLACE BLDG 2 | OAKDALE | MN | 551283422 | 271854584 | Default Prevention | DE | NA | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| ECMC GROUP INC | ||
| c | 65053498 | Allocation |
| ECMC GROUP INC | ||
| m | 392952 | Allocation |
| ECMC GROUP INC | ||
| n | 234507 | Allocation |
| ECMC GROUP INC | ||
| o | 154184 | Allocation |
Comments