Educational Credit Management Corporation is a charitable organization in Minneapolis, Minnesota. Its tax id (EIN) is 41-1778617. It was granted tax-exempt status by IRS in August, 1995. For detailed information such as income and other financial data of Educational Credit Management Corporation, refer to the following table.
| Organization Name | Educational Credit Management Corporation |
|---|---|
| Tax Id (EIN) | 41-1778617 |
| Address | 111 Washington Ave S1400, Minneapolis, MN 55401 |
| All tax-exempt organizations in zip code 55401 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| December, 2012 | $682,872,235 | $426,602,413 | $426,602,413 |
| December, 2013 | $583,597,158 | $455,413,491 | $455,413,491 |
| December, 2014 | $681,510,408 | $391,999,775 | $391,897,959 |
| December, 2015 | $961,783,299 | $428,120,064 | $428,120,064 |
| December, 2016 | $876,663,538 | $403,557,200 | $403,557,200 |
| December, 2017 | $888,390,912 | $405,247,888 | $405,151,558 |
| December, 2018 | $945,525,907 | $370,174,232 | $370,174,232 |
| December, 2019 | $1,053,060,876 | $322,705,467 | $322,133,758 |
| December, 2020 | $904,889,623 | $274,395,445 | $274,395,445 |
| December, 2021 | $748,768,663 | $424,071,754 | $424,071,754 |
| December, 2022 | $429,860,105 | $361,979,726 | $361,979,726 |
| December, 2023 | $295,093,716 | $318,087,346 | $318,087,346 |
| IRS Exempt Status Ruling Date | August, 1995 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Public, Society Benefit – Multipurpose and Other |
| Tax Exempt Activity | Financial Institutions, Services (Non-Government Related) |
| NTEE Code | W60 |
| Organization's purposes, activities, & operations |
Student loans
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2) |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $50,000,000 to greater |
| Income Range Reported on Form 990 | $50,000,000 to greater |
| Accounting Period | 12 |