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Educational Credit Management Corporation

Public charityFed auditsIRS 990
DBA: MANAGEMENT CORPORATION
Research & Policy · MINNEAPOLIS, MN · EIN 41-1778617

Money Out (latest fiscal year)

990 · FY ending 2024-12-31
Largest (approx.)
Total spending
$261.6M
→
Grants paid
$47.1M
Lobbying
$183K
Program services
$50.5M

Top contractors (990 Part VII §B)

ContractorServiceStateCompensation
NasfaaProfessional services—$5.0M
Partnership for Education AdvancementProfessional services—$5.0M
Alvaria INCIt services & support—$677K
Quadient Finance USA INCFinance services—$459K
FAMEGA servicing—$340K

Lobbying

Total lobbying expenditures$183K
Direct lobbying—
Grassroots lobbying—

Grants Made (Top 50 by amount)

10,000 grants · $22.1B total
RecipientStateIRC sectionCash grantPurpose
ECMC GROUP INC
EIN 411991995
MN501(C)(3)$308.0MEXPAND EDUCATION OPPORTUNITIES
ECMC Group Inc
EIN 411991995
MN501(c)(3)$255.0MExpand education opportunities
ECMC GROUP INC
EIN 411991995
MN501C3$247.9MGENERAL SUPPORT
ECMC GROUP INC
EIN 411991995
MN501(C)(3)$231.5MExpand Education Opportunities
ECMC Group Inc
EIN 411991995
MN501(c)(3)$200.0MExpand education opportunities
ECMC GROUP INC
EIN 411991995
MN501(C)(3)$128.9MGENERAL SUPPORT
PARTNERSHIP FOR EDUCATION ADVANCEMENT
EIN 831400442
NY501(C)(3)$4.3MFAFSA STUDENT SUPPORT