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Filing year 2024

ECMC GROUP INC

Minneapolis, Minnesota·EIN 41-1991995·NTEE B02 · Education·501(c)(3)
Total revenue
$501.3M
Total assets
$5.7B
Total expenses
$281M
Reported officers
33
Mission

ECMC GROUP, INC'S MISSION IS TO HELP STUDENTS SUCCEED BY CREATING, PROVIDING AND INVESTING IN INNOVATIVE EDUCATIONAL OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 24 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President & CEO
Above 90th percentilevs Education peers in Minnesota
$1.5M
$1.6M
Base
$575k
Bonus
$769k
Other
$29k
Benefits
$40k
CFO & Treasurer
Above 90th percentilevs Education peers in Minnesota
$1M
$1.1M
Base
$416k
Bonus
$460k
Other
$27k
Benefits
$34k
Chief Human Resources Officer
Key Employee
Above 90th percentile
$806k
$860k
Base
$360k
Bonus
$320k
Other
$25k
Benefits
$41k
Chief Information Officer
Above 90th percentile
$762k
$813k
Base
$319k
Bonus
$310k
Other
$31k
Benefits
$43k
General Counsel & Corp Secretary
Secretary (Operational)
Above 90th percentile
$612k
$653k
Base
$334k
Bonus
$176k
Other
$10k
Benefits
$43k
Chief of Staff
Key Employee
Above 90th percentile
$604k
$644k
Base
$248k
Bonus
$238k
Other
$26k
Benefits
$44k
Sr Vp, Corporate Affairs
Board Vice President
Above 90th percentile
$570k
$608k
Base
$247k
Bonus
$239k
Other
$27k
Benefits
$17k
Chief Information Security Officer
Chief Information Officer
75th to 90th percentile
$420k
$448k
Base
$245k
Bonus
$98k
Other
$4k
Benefits
$33k
Vp, Deputy General Counsel
Board Vice President
Above 90th percentile
$413k
$441k
Base
$218k
Bonus
$104k
Other
$24k
Benefits
$39k
Vp, Impact Investing
Vice President
Above 90th percentile
$393k
$419k
Base
$250k
Bonus
$107k
Other
$2k
Benefits
Vp, Corporate Services
Board Vice President
Above 90th percentile
$387k
$413k
Base
$225k
Bonus
$95k
Other
$3k
Benefits
$34k
Vp, Finance & Controller
Controller
Above 90th percentile
$368k
$393k
Base
$230k
Bonus
$103k
Other
$1k
Benefits
$2k
Vp, Internal Audit
Board Vice President
75th to 90th percentile
$348k
$371k
Base
$204k
Bonus
$87k
Other
$3k
Benefits
$26k
Dir, Litigation
Highest Compensated Employee
Above 90th percentilevs Education peers in Minnesota
$345k
$368k
Base
$200k
Bonus
$72k
Other
$8k
Benefits
$32k
Vp, Information Tech
Board Vice President
75th to 90th percentile
$344k
$367k
Base
$217k
Bonus
$52k
Other
$1k
Benefits
$43k
Dir, Software Engineering
Highest Compensated Employee
Above 90th percentilevs Education peers in Minnesota
$323k
$345k
Base
$214k
Bonus
$52k
Other
$2k
Benefits
$37k
Sr Dir, Finance
Highest Compensated Employee
Above 90th percentilevs Education peers in Minnesota
$323k
$344k
Base
$219k
Bonus
$54k
Other
$1k
Benefits
$15k
Sr Dir, IT Business Operations
Highest Compensated Employee
Above 90th percentilevs Education peers in Minnesota
$323k
$344k
Base
$221k
Bonus
$52k
Other
$3k
Benefits
$15k
Dir, Information Tech
Highest Compensated Employee
Above 90th percentilevs Education peers in Minnesota
$322k
$343k
Base
$199k
Bonus
$47k
Other
$9k
Benefits
$36k
Vp, Information Tech-thru 6/26
Board Vice President
Median to 75th percentile
$218k
$233k
Base
$74k
Bonus
$96k
Other
$25k
Benefits
$6k
Vp, Applications & Analytics
Board Vice President
Median to 75th percentile
$195k
$208k
Base
$160k
Bonus
Other
$529
Benefits
$17k
Former Chief Investment Officer
Former Officer/director/trustee
25th percentile to median
$127k
$135k
Base
$27k
Bonus
Other
$377
Benefits
$433
Former Vp, Investments
Board Vice President
10th to 25th percentile
$71k
$76k
Base
$15k
Bonus
Other
$76
Benefits
$1k
Former President & CEO
Former Officer/director/trustee
Below 10th percentile
$20k
$21k
Base
Bonus
Other
$20k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ECMC GROUP INC equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 7%
from 2023

From $1.6M in 2023 to $1.5M in 2024.

$1.6M
2023
$1.5M
2024
In today's dollarsEst.
Down 10% in real terms$1.8M to $1.6M

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue fell 90%.

$1.4M in 2023 to $1.5M in 2024.
  • Chief Financial Officer pay fell 1% from 2023 to 2024.
  • Key Employee pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ECMC GROUP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5B
$269.1M
2023
$501.3M
$281M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Minnesota

Comparable education organizations in Minnesota pay their highest-earning executive a median of $78,449.

25th percentile
$34k
Median
$78,449
75th percentile
$138k
90th percentile
$217k

These are education sector-wide figures, not this organization's reported pay. Based on 647 organizations across 647 filings (2020 – 2024).

See full Education pay data for Minnesota
FAQ

Common questions about ECMC GROUP INC

What does the Chief Executive Officer of ECMC GROUP INC earn?

In 2024, the Chief Executive Officer of ECMC GROUP INC received $1,503,752 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ECMC GROUP INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2024 pay of the Chief Executive Officer at ECMC GROUP INC falls in the top 10%. In 2024, the highest total compensation at ECMC GROUP INC equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are ECMC GROUP INC's revenue and expenses?

In 2024, ECMC GROUP INC reported $501.3M in total revenue and $281M in total expenses on its IRS Form 990.

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