EDUCATIONAL CREDIT MANAGEMENT CORPORATION
MINNEAPOLIS,
Minnesota,
55401
EIN: 41-1778617
Public, Society Benefit - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
111 WASHINGTON AVE S1400
55401
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
EDUCATIONAL CREDIT MANAGEMENT CORPORATION is a based in MINNEAPOLIS, MN, focused on Public, Society Benefit - Multipurpose and Other causes . Established in August 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $429,860,105.00, this ranks 2,975 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 69 out of 53,624 organizations in MN (Top 1%).
In hennepin county, MN, the organization ranks 30 out of 13,125 nonprofits by assets (Top 1%), while locally in minneapolis, it stands at 20 among 6,505 organizations (Top 1%).
The organization reported annual revenue of $361,979,726.00, ranking 1,492 nationally (Top 1%) and 36 in MN (Top 1%).
Within its specific NTEE classification (W600 - W: Public, Society Benefit - Multipurpose and Other), which includes 24 similar organizations, EDUCATIONAL CREDIT MANAGEMENT CORPORATION ranks 6 in assets (Top 6%) and 1 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Student loans
Described in section 509 a 2 of the Code
NTEE COMMON CODE
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
N/A
FOUNDATION CODE
16: 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)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$361,979,726.00
FORM 990 REVENUE AMOUNT
$361,979,726.00
RULING DATE
08/1995
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$429,860,105.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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