EIN 41-1778617
Educational Credit Management Corporation
Public and societal benefit · Minneapolis · MN
Eligibility and identity
This section reports the provider record. It is not an endorsement, fraud clearance, or measure of impact.
- Tax subsection
- 501(c)(3)
- Deductibility
- Contributions are deductible.
- Exempt status
- Unconditional Exemption
- NTEE category
- Public and societal benefit
- Address on file
- 111 WASHINGTON AVE S1400, Minneapolis, MN, 55401-0000
Latest financial filing
Tax period: Fiscal year 2023. Dollar amounts can be delayed and reporting practices differ among organizations.
Selected expense context
| Reported item | Amount | Share of total expenses |
|---|---|---|
| Officer compensation | $1,337,674 | 0.4% |
| All listed compensation and benefits | $44,379,189 | 12.3% |
| Advertising and promotion | Not published | Not available |
| Professional fundraising | $0 | 0% |
Financial history
Digitized Form 990 filings. Growth or decline is context, not a verdict; a shrinking budget can reflect a completed program and a growing one can reflect need.
| Fiscal year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $318,087,346 | $362,056,007 | $295,093,716 |
| 2022 | $361,979,726 | $338,613,468 | $429,860,105 |
| 2021 | $424,071,754 | $374,401,993 | $748,768,663 |
| 2020 | $274,395,445 | $293,177,543 | $904,889,623 |
| 2019 | $322,133,758 | $320,180,510 | $1,053,060,876 |
| 2018 | $370,174,232 | $351,286,093 | $945,525,907 |
| 2017 | $405,151,558 | $435,118,916 | $888,390,912 |
| 2016 | $403,557,200 | $403,193,648 | $876,663,538 |
| 2015 | $428,120,064 | $394,886,972 | $961,783,299 |
| 2014 | $391,897,959 | $411,988,700 | $681,510,408 |
Minnesota solicitation registration
Registered with the Minnesota Attorney General to solicit donations, status active. Registered charities file annual financial reports with the Attorney General; these are often more recent than the newest digitized Form 990.
- Revenue (FY ending 12/31/2024)
- $264,998,856
- Program spending
- $214,059,087
- Fundraising expense
- $0
- Total expenses
- $261,591,267
Before you donate
Check recent impact reporting, identify the specific program your donation supports, and compare the organization with similar groups. Donation processing through Charity Buddy is not active.
Source: IRS Business Master File and Form 990 extracts via ProPublica Nonprofit Explorer, and the Minnesota Attorney General soliciting-charities registry, retrieved 7/11/2026. Verify status directly with the IRS and, for Minnesota solicitation, the Minnesota Attorney General.