Organizations Filed Purposes:
The mission of ECMC Group, Inc. is to help students recognize and realize their potential by investing in, creating and providing innovative education solutions that support schools and improve student educational outcomes.
ECMC Group, Inc. supports Educational Credit Management Corporation and ECMC Education, Inc. (formerly Zenith Education Group, Inc.). ECMC Group, Inc. supports the furtherance of the exempt purpose of Educational Credit Management Corporation and ECMC Education, Inc. (formerly 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.
Loan Portfolio Servicing: ECMC Group, Inc. and Oakdale Student Loan Funding, LLC (Oakdale), a wholly owned subsidiary of ECMC Group, Inc., have eligible lender trust (ELT) agreements with Manufacturers and Traders Trust Company. Manufacturers and Traders Trust Company serves as the ELT for ECMC Group, Inc. and Oakdale. Through the ELTs, ECMC Group, Inc. and Oakdale purchase Federal Family Education Loan Program (FFELP) rehabilitated student loans from Educational Credit Management Corporation, a related entity, and other guaranty agencies in order to ensure that student loan borrowers can realize the full benefits afforded them under 34 CFR sec. 682.405. Patriot Student Loan Capital, LLC (Patriot) has interim eligible lender trust agreements with Manufacturers and Traders Trust Company. ECMC Group Student Loan Trust 2016-1 (Trust 2016-1), ECMC Group Student Loan Trust 2017-1 (Trust 2017-1), ECMC Group Student Loan Trust 2017-2 (Trust 2017-2), ECMC Group Student Loan Trust 2018-1 (Trust 2018-1), ECMC Group Student Loan Trust 2018-2 (Trust 2018-2) and ECMC Group Student Loan Trust 2019-1 (Trust 2019-1), collectively (the Trusts), have eligible lender trust agreements with Manufacturers and Traders Trust Company. Manufacturers and Traders Trust Company serves as the interim eligible lender trust (interim ELT) for Patriot and as eligible lender trust (ELT) for Trust 2016-1, Trust 2017-1, Trust 2017-2, Trust 2018-1, Trust 2018-2 and Trust 2019-1. Through the interim ELT, Patriot purchases FFELP rehabilitated student loans from ECMC Group, Inc. and Oakdale and resells the loans through the ELT to the Trusts. The Trusts issued Class A notes secured by the respective student loan portfolios. Trust 2018-1 also issued Class B notes to ECMC Group, Inc. The Trust 2018-1 Class B notes are subordinated to the Trust 2018-1 Class A notes.
ECMC Group, Inc. supports the furtherance of the exempt purpose of Educational Credit Management Corporation, ECMC Education, Inc. (formerly Zenith Education Group, Inc.), and ECMC Foundation 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. $43,500,000 contributions made to ECMC Education, Inc. (formerly Zenith Education Group, Inc.) to support its mission to help students succeed in their pursuit of an educational experience that prepares them for the workforce.
Through the Public Policy Program, ECMC Group, Inc. shares information among ECMC Group-related members on legislative proposals and governmental regulations that impact their operations. The program enables ECMC Group, Inc. affiliates to monitor public policy matters and provide nonpartisan analysis and research to policymakers, thought leaders and the general public.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jeremy J Wheaton | President & CEO | 40 | $1,070,579 |
| Gregory A Van Guilder | Chief Investment Officer | 40 | $1,008,187 |
| Daniel S Fisher | General Counsel & Corporate Secretary | 40 | $617,831 |
| Martin A Scanlon | CFO & Treasurer | 40 | $578,981 |
| Sarah Strehl | Chief Human Resources Officer | 40 | $503,254 |
| Heidi J Johnson | SVP, Chief of Staff | 40 | $377,344 |
| Frederick Peguero | VP, Information Technology | 40 | $375,023 |
| Rahoul Ghose | Chief Information Officer | 40 | $362,155 |
| Iris Cumberbatch | SVP, Corporate Affairs | 40 | $347,167 |
| Josh Slayton | SVP, Business Development, Research & Innovation | 40 | $340,629 |
| Philip Becker | VP, Investments | 40 | $326,134 |
| Adam Trampe | VP, Compliance and Enterprise Risk Management | 40 | $309,052 |
| Brian Boardman | VP, Deputy General Counsel & Assistant Corp Secretary | 40 | $303,245 |
| Stephen H Hansen | VP, Information Technology | 40 | $303,194 |
| Wendy Badger | VP, Corporate Compliance Officer | 40 | $289,086 |
| Hugh E Mcsherry | VP, Corporate Services | 40 | $283,544 |
| Michael Bogie | VP, Solutions Delivery | 40 | $281,996 |
| Matthew T Mikulski | VP, Internal Audit | 40 | $277,453 |
| John Mckennell | VP, Chief Information Security Officer | 40 | $263,003 |
| Tiffany Thompson | VP, Finance & Controller | 40 | $255,466 |
| Jeffrey S Jones | Dir, Enterprise Corporate Services | 40 | $227,454 |
| Aaron Woodrich | Sr Dir, Information Technology | 40 | $221,008 |
| Harini Upadhyaya | VP, Applications and Analytics | 40 | $217,883 |
| Joanne Wright | Dir, Call Center Development | 40 | $217,668 |
| David Goff | Former Chief Information Officer | 0 | $127,522 |
| Joshua Susser | VP, Corporate Development & Strategic Planning | 0 | $107,500 |
| Roberta Cooper Ramo | Former Director | 0 | $0 |
| Richard J Boyle | Former Director/CEO/President | 0 | $0 |
| Peter J Taylor | Former Director, Current President & Director, ECMC Foundation | 0 | $0 |
| Janice A Hines | President & CEO, ECMC | 0 | $0 |
| I King Jordan | Former Director | 0 | $0 |
| Maurice M Salter | Director | 8 | $0 |
| K Paul Singh | Director | 8 | $0 |
| Julia S Gouw | Director | 4 | $0 |
| John F Depodesta | Board Chair | 13 | $0 |
| James V Mckeon | Director | 11 | $0 |
| Jack O'Connell | Director | 6 | $0 |
| Diana J Ingram | Director | 7 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043179349309334_public.xml