ECMC EDUCATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ECMC EDUCATION INC (EIN 47-2237488)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-10
- IRS object ID
- 201723149349303207
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-10T15:00:48-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S 6th St Ste 2300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 472237488 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Zenith Education Group Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ZENI | BusinessNameControlTxt |
| Phone | 6512210566 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Washington Avenue South 1400 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeremy J Wheaton | PersonNm |
| Person Title | President and CEO | PersonTitleTxt |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lawrence H Mohr CPA | PreparerPersonNm |
| PTIN | P00447603 | PTIN |
| Phone | 6128764500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WyoTech Everest College Everest University & Everest Institute | BusinessNameLine1Txt |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jeremy J Wheaton | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Washington Avenue South 1400 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $678,816,804 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.zenith.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | From initial career planning and skills assessment, all the way through graduation and landing a good job, Zenith Education Group, Inc. helps students succeed. Zenith Education Group, Inc., a nonprofit career education provider, is helping bridge our nation's skills gap and support the U.S. economy. Zenith Education Group, Inc. offers affordable, high-quality programs that are regularly updated to provide students with training for in-demand skills so students are prepared, well-trained and ready to work in fulfilling careers immediately upon graduation. Above all, Zenith Education Group, Inc. is driven to promote the long-term success of our graduates. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 3891 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,820,389 | PYContributionsGrantsAmt |
| CY Contributions Grants | $485,113,823 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $332,409,479 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $193,573,968 | CYProgramServiceRevenueAmt |
| CY Investment Income | $128,764 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,027,725 | PYOtherRevenueAmt |
| CY Other Revenue | $249 | CYOtherRevenueAmt |
| PY Total Revenue | $344,257,593 | PYTotalRevenueAmt |
| CY Total Revenue | $678,816,804 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,853,443 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,095,985 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $217,780,439 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $149,819,012 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $386,867,164 | PYOtherExpensesAmt |
| CY Other Expenses | $272,810,489 | CYOtherExpensesAmt |
| PY Total Expenses | $640,501,046 | PYTotalExpensesAmt |
| CY Total Expenses | $441,725,486 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$296,243,453 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $237,091,318 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $108,564,916 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,450,451 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $379,807,444 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $81,077,315 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$271,242,528 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$38,626,864 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To help students succeed in their pursuit of an educational experience that prepares them for the workforce. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $328,739,008 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $193,573,968 | RevenueAmt |
| Desc | Instruction and Student Services. Zenith Education Group, Inc. (Zenith), dba WyoTech, Everest College, Everest University & Everest Institute (and beginning 08-08-2017, dba Altierus Career College or Altierus Career Education), offers educational opportunities with an emphasis in allied health, business, information technology, and automotive and construction trades. Zenith engages with faculty, industry leaders, and employers to help identify skills, competencies, behaviors and certifications that fit the needs of the marketplace and enhance each graduate's ability to find a job in his or her chosen field. The schools are accredited and grant associate, bachelor's, and master's degrees and diplomas. Zenith also offers certifications within degree and diploma programs that allow more students to earn industry-recognized credentials that are valuable and desired by employers. Zenith serves a non-traditional, underserved student population: 81% of Zenith students are eligible for Pell Grants (69% are eligible for full Pell Grants); 71% of Zenith's student body is female; 70% of students are non-white; 67% of students are more than 25 years old; only 43% of Zenith's students are first-time, first-year college students; and only 15% of students depend upon their parents' or guardians' financial resources. Zenith delivers services that make a student's transition from high school to a postsecondary institution as easy and straightforward as possible. Zenith provides students with individualized academic support through academic counseling, tutoring, and remedial education services that furnish tools and resources necessary for successful program completion; financial literacy counseling to assist students in managing their student loans and to help minimize their student loan debt; and career counseling to promote meaningful employment after graduation in the student's field of study. Learning resource centers on Zenith campuses support academic programs by providing books, shop and service manuals, periodicals, computers, and curriculum-based online resources. The learning resource centers are staffed with trained professionals to assist in the research needs of students and faculty. The education Zenith students receive emphasizes employability and professional accomplishment. The academic and career success of our graduates is paramount. Zenith's holistic approach focuses on the goal of graduation and job placement, emphasizing student attendance, overall attitude, academic performance and self-directed job search skills acquired through working with the career services staff. Zenith's career services experts provide students with placement assistance, including preparation of resumes and letters of introduction, interviewing techniques and job referrals. Zenith career services professionals also arrange on-campus employer visits, lectures, career fairs and field trips to enhance the likelihood that students will obtain well-paying jobs. Zenith also offers student activities that encourage school spirit and develop student leadership, including intramural sports, clubs, professional development programs, resource fairs and other extra curricular activities planned year-round. As of December 31, 2016, Zenith enrolls approximately 7,400 students and operates 24 schools in 13 states and online, and is in varying stages of consolidating and teaching out seven additional schools. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,095,985 | ExpenseAmt |
| Grant | $19,095,985 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Grants and Scholarships. Zenith offers the following scholarship and grant programs to make college affordable for our students: Zenith American Dream Scholarships, Zenith Student Grants, Zenith Graduation Financial Assistance and Military Scholarships. Funds are available to pay for tuition, books and fees. The Zenith American Dream Scholarship is a multimillion-dollar institutional scholarship program for students who enroll in a WyoTech or Everest institution for the first time on or after August 24, 2015. Students who receive a written reference from a leader in the local community are eligible to apply for scholarship awards of up to $5,000 per student per academic year. Zenith distributed 2,032 American Dream scholarships in 2016 totaling approximately $7.5 million. The Zenith Student Grants are institutional grants of up to $10,000 per student per academic year to WyoTech or Everest students who demonstrate financial need and enroll on or after February 2, 2015 and July 25, 2016 for the applicable academic periods. In 2016, Zenith distributed more than $7.1 million in Student Grants to 3,941 students. Zenith Graduation Financial Assistance is a non-need-based institutional financial assistance award of up to $10,000 per student per academic program available to students enrolled in Everest programs prior to February 2, 2015. Upon a student's graduation, the financial assistance provides a 20 percent tuition reduction. Zenith distributed more than $2.8 million in Graduation Financial Assistance in 2016 to 910 students. Military Scholarships offer up to 50 percent of tuition per term or academic period for military personnel serving in the Armed Forces, and up to 10 percent of tuition per term or academic period for their spouses, as well as for veterans and their dependents using VA Education Benefits. In 2016, Zenith distributed over $500,000 in Military Scholarships to 737 military personnel, veterans, and their dependents. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $347,834,993 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 27908 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3891 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jeremy J Wheaton | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6512210566 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Washington Avenue S Suite 1400 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JOHN DEPODESTA | |||||||||
| Board Chair | 3.0 | 17.0 | Yes (X) | $0 | $183,000 | $0 | |||
| GARY COOK | |||||||||
| Director | 2.0 | 11.0 | Yes (X) | $0 | $130,000 | $0 | |||
| ROBERTA COOPER RAMO | |||||||||
| Director | 3.0 | 13.0 | Yes (X) | $0 | $145,500 | $0 | |||
| Julia Gouw | |||||||||
| Director | 1.0 | 7.0 | Yes (X) | $0 | $130,500 | $0 | |||
| I KING JORDAN | |||||||||
| Director | 2.0 | 7.0 | Yes (X) | $0 | $125,000 | $0 | |||
| JAMES MCKEON | |||||||||
| Director | 2.0 | 12.0 | Yes (X) | $0 | $167,500 | $0 | |||
| JACK O'CONNELL | |||||||||
| Director | 2.0 | 8.0 | Yes (X) | $0 | $120,000 | $0 | |||
| MAURICE SALTER | |||||||||
| Director | 1.0 | 9.0 | Yes (X) | $0 | $147,500 | $0 | |||
| Diana Scherer | |||||||||
| SVP and Deputy General Counsel | 0.0 | 40.0 | $9,231 | $288,237 | $45,168 | Yes (X) | |||
| Keith Burkhalter | |||||||||
| SVP Admissions | 50.0 | 0 | $244,040 | $0 | $38,557 | Yes (X) | |||
| Karen Turner | |||||||||
| SVP Chief Business Development Officer | 50.0 | 0 | $361,614 | $0 | $33,958 | Yes (X) | |||
| Kimberly Sue Pugh Dean | |||||||||
| SVP Student Finance Ops | 50.0 | 0 | $561,144 | $0 | $4,178 | Yes (X) | |||
| Tom O'Donnell | |||||||||
| VP Operations | 50.0 | 0 | $164,265 | $0 | $2,087 | Yes (X) | |||
| David L Hawn | |||||||||
| CEO & President (until 07-31-16) | 0.0 | 59.0 | $0 | $1,083,898 | $42,998 | Yes (X) | |||
| Peter J Taylor | |||||||||
| Zenith CEO & President (effective 08-01-16) and Foundation President & Director | 0.0 | 41.0 | $0 | $592,526 | $161,867 | Yes (X) | |||
| Daniel S Fisher | |||||||||
| General Counsel/Corp Secretary | 0.0 | 50.0 | $0 | $516,779 | $50,781 | Yes (X) | |||
| Gregory A Van Guilder | |||||||||
| Treasurer | 0.0 | 56.0 | $0 | $852,414 | $59,520 | Yes (X) | |||
| James G Gilbertson | |||||||||
| Zenith CFO | 0.0 | 46.0 | $0 | $229,036 | $48,599 | Yes (X) | |||
| Mary Ostrye | |||||||||
| SVP and Provost and Chief Academic Officer | 50.0 | 0 | $300,115 | $0 | $1,519 | Yes (X) | |||
| Todd Allard | |||||||||
| Chief Marketing Officer | 50.0 | 0 | $68,411 | $0 | $187 | Yes (X) | |||
| Joshua Susser | |||||||||
| Interim VP Marketing | 0.0 | 43.0 | $0 | $283,973 | $46,786 | Yes (X) | |||
| Robert Kenyon | |||||||||
| SVP & Chief Accounting Officer | 0.0 | 50.0 | $11,346 | $286,625 | $51,227 | Yes (X) | |||
| Michael Stiglich | |||||||||
| SVP Campus Operations | 50.0 | 0 | $281,369 | $0 | $985 | Yes (X) | |||
| John Andrews | |||||||||
| VP Accreditation & Licensing | 50.0 | 0 | $765,593 | $0 | $17,508 | Yes (X) | |||
| Paul De Giusti | |||||||||
| VP Legislative Affairs | 0.0 | 0 | $511,330 | $0 | $0 | Yes (X) | |||
| David Beaver | |||||||||
| VP Procurement & Sourcing | 0.0 | 0 | $190,257 | $0 | $0 | Yes (X) | |||
| Christopher Lynn | |||||||||
| RVP Operations | 50.0 | 0 | $186,599 | $0 | $14,681 | Yes (X) | |||
| Michael Jenkins | |||||||||
| Division AVP Admissions HS | 0.0 | 0 | $181,601 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,836,915 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $5,282,489 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $620,605 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 76 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Horizon Media Inc | |||||
| PO Box 10409 | Newark | NJ | 071930409 | Marketing Professional Services | $42,905,733 |
| Zumatel LP | |||||
| 877 Main Street | Dallas | TX | 97338 | Call Center Services | $4,517,339 |
| Universal Protection Service LP | |||||
| PO Box 101034 | Pasadena | CA | 911891034 | Security Services | $2,303,405 |
| Cossette Communication US Inc | |||||
| 30 N Racine Ave 300 | Chicago | IL | 60607 | Marketing Professional Services | $2,114,695 |
| USA800 Inc | |||||
| 9808 East 66th Terrace | Raytown | MO | 64133 | Call Center Services | $1,523,330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 72 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $481,097,274 | RelatedOrganizationsAmt |
| Government Grants | $4,016,549 | GovernmentGrantsAmt |
| Noncash Contributions | $446,270,902 | NoncashContributionsAmt |
| Total Contributions | $485,113,823 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Instruction | 611310 | $181,335,463 | $181,335,463 |
| Bookstore | 611310 | $11,283,491 | $11,283,491 |
| Student Housing | 611310 | $955,014 | $955,014 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $193,573,968 | TotalProgramServiceRevenueAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $128,764 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $128,764 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,764 | TotalRevenueColumnAmt |
| Exclusion | $128,764 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Services provided under transition services agreement | Desc |
| Total Revenue Column | $249 | TotalRevenueColumnAmt |
| Exclusion | $249 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $249 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $678,816,804 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $193,573,968 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $129,013 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,095,985 | TotalAmt |
| Program Services | $19,095,985 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,920,507 | TotalAmt |
| Program Services | $1,760,796 | ProgramServicesAmt |
| Management And General | $159,711 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,477,193 | TotalAmt |
| Program Services | $103,393,135 | ProgramServicesAmt |
| Management And General | $11,084,058 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,711,231 | TotalAmt |
| Program Services | $2,507,214 | ProgramServicesAmt |
| Management And General | $204,017 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,438,357 | TotalAmt |
| Program Services | $19,122,435 | ProgramServicesAmt |
| Management And General | $3,315,922 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,271,724 | TotalAmt |
| Program Services | $6,942,738 | ProgramServicesAmt |
| Management And General | $1,328,986 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,615 | TotalAmt |
| Management And General | $4,615 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,442 | TotalAmt |
| Management And General | $803,442 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,282,782 | TotalAmt |
| Program Services | $14,967,952 | ProgramServicesAmt |
| Management And General | $2,314,830 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,051,434 | TotalAmt |
| Program Services | $45,051,434 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,137,589 | TotalAmt |
| Program Services | $7,815,805 | ProgramServicesAmt |
| Management And General | $321,784 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,369,514 | TotalAmt |
| Program Services | $7,323,809 | ProgramServicesAmt |
| Management And General | $45,705 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,268,490 | TotalAmt |
| Program Services | $51,535,405 | ProgramServicesAmt |
| Management And General | $3,733,085 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,964,501 | TotalAmt |
| Program Services | $3,170,359 | ProgramServicesAmt |
| Management And General | $794,142 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,820 | TotalAmt |
| Program Services | $187,792 | ProgramServicesAmt |
| Management And General | $15,028 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,673,477 | TotalAmt |
| Program Services | $9,673,477 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,635,370 | TotalAmt |
| Program Services | $1,635,370 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,075,602 | TotalAmt |
| Program Services | $13,584,127 | ProgramServicesAmt |
| Management And General | $3,491,475 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,199,921 | TotalAmt |
| Management And General | $2,199,921 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| Impairment | $64,144,901 | $64,144,901 | |
| Bad Debt | $13,629,754 | $13,629,754 | |
| Classroom Supplies | $7,961,796 | $7,961,796 | |
| Bookstore | $8,244,520 | $8,244,520 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,159,961 | TotalAmt |
| Program Services | $10,231,090 | ProgramServicesAmt |
| Management And General | -$71,129 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $441,725,486 | TotalAmt |
| Program Services | $347,834,993 | ProgramServicesAmt |
| Management And General | $93,890,493 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,487,600 | BOYAmt |
| EOY | $13,325,669 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,701,746 | BOYAmt |
| EOY | $12,130,121 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,100,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,184 | BOYAmt |
| EOY | $294,940 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,356,423 | BOYAmt |
| EOY | $9,204,742 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $51,162,563 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $48,067,939 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,185,353 | BOYAmt |
| EOY | $3,094,624 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,087,500 | BOYAmt |
| EOY | $818,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,290,110 | BOYAmt |
| EOY | $3,582,355 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,564,916 | BOYAmt |
| EOY | $42,450,451 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,009,010 | BOYAmt |
| EOY | $26,201,238 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,759,550 | BOYAmt |
| EOY | $19,511,775 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $310,038,884 | BOYAmt |
| EOY | $35,364,302 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,807,444 | BOYAmt |
| EOY | $81,077,315 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$271,242,528 | BOYAmt |
| EOY | -$38,626,864 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$271,242,528 | BOYAmt |
| EOY | -$38,626,864 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,564,916 | BOYAmt |
| EOY | $42,450,451 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $237,091,318 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$4,475,654 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,867,396 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,859,396 | DepreciationAmt |
| Book Value | $8,000 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,514,763 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,789,134 | DepreciationAmt |
| Book Value | $725,629 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,780,404 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,419,409 | DepreciationAmt |
| Book Value | $2,360,995 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,094,624 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Other Receivables | $1,764,395 |
| Deposits | $1,817,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,582,355 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (13 entries)
| DescDesc | AmtAmt |
|---|---|
| Capital Leases | $11,461,612 |
| Accrued Rent | $887,641 |
| Lease Incentive Obligation | $343,662 |
| Operating Lease FMV Adjustment | $8,892,793 |
| Federal Perkins Loans | $50,000 |
| Earn Out Agreement Liability with ED | $7,610,000 |
| Due to ECMC Foundation | $117,832 |
| Deferred Grant Revenue | $5,179,590 |
| State Grant Funds Liability | $821,172 |
| Notes payable to ECMC Group, Inc. | |
| Due to ECMC Group, Inc. | |
| Due to Educational Credit Management Corporation | |
| Deferred Compensation Plan Liability |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $35,364,302 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $181,320,000 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$1,153 | OtherRevenueAmt |
| Revenue Not Reported | -$1,153 | RevenueNotReportedAmt |
| Revenue Subtotal | $181,321,153 | RevenueSubtotalAmt |
| Other Revenues Not Included | $497,495,651 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $497,495,651 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $678,816,804 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $422,503,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,263 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,263 | ExpensesNotReportedAmt |
| Expenses Subtotal | $422,500,737 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $19,224,749 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $19,224,749 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $441,725,486 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The FIN 48 (ASC 470) disclosure in the Zenith Education Group, Inc. Financial Statements reads as follows: "The Internal Revenue Service has determined that Zenith is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. It is also exempt from state income tax. However, any unrelated business income may be subject to taxation. Zenith follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by Zenith for uncertain tax positions as of December 31, 2016 and 2015. Zenith's tax returns are subject to review and examination by federal and state authorities." |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Rounding adjustment because dollars are reported in thousands on the audited financial statements - -1153 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Zenith Education Group, Inc. Scholarships and Financial Assistance - 19095985 Gain on disposal of fixed assets - 128764 Cash and Noncash Contributions from ECMC Group, Inc. - XXX-XX-XXXX |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Rounding adjustment because dollars are reported in thousands on the audited financial statements - 2263 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Zenith Education Group, Inc. Scholarships and Financial Assistance - 19095985 Gain on disposal of fixed assets - 128764 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | false | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | Zenith Education Group, Inc.'s racially nondiscriminatory policy is published in the school catalog, in materials provided to prospective students and to registering students, and in TV and radio advertising and marketing communications. Zenith Education Group, Inc. draws students from diverse populations and does not discriminate against any race, color, ethnicity, national origin, or any other protected class. |
| Schedule E, Part I, Line 4(d) RECORDS AND COPIES MAINTAINED BY THE ORGANIZATION | No contributions are solicited. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | Zenith Education Group, Inc. participates in U.S. Department of Education Supplemental Educational Opportunity Grant, Pell grant and Federal Work Study programs. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student Scholarships and Financial Assistance | GrantTypeTxt |
| Recipient | 8616 | RecipientCnt |
| Cash Grant | $19,095,985 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part III Student Scholarships and Financial Assistance | Zenith Education Group, Inc. provides scholarship and financial assistance to students for tuition, books, fees and housing. Scholarship and grant programs include Zenith American Dream Scholarships, Zenith Student Grants, Zenith Graduation Financial Assistance and Military Scholarships. Awards are based on eligibility and are credited to each student's account. |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | A variety of student financing options are available to help students finance their education costs. Information about programs and eligibility requirements is available through the Student Finance Office. Enrollment and eligibility in Zenith Education Group, Inc. scholarships and grants are monitored internally. Other awards are monitored by the respective granting agencies. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | Yes (true) | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (true) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN DEPODESTA | ||||||||||||||
| Board Chair | $0 | $183,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $183,000 | $0 | $0 |
| JAMES MCKEON | ||||||||||||||
| Director | $0 | $167,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $167,500 | $0 | $0 |
| Diana Scherer | ||||||||||||||
| SVP and Deputy General Counsel | $9,231 | $189,250 | $0 | $98,000 | $0 | $987 | $0 | $23,850 | $0 | $21,318 | $9,231 | $333,405 | $0 | $0 |
| Keith Burkhalter | ||||||||||||||
| SVP Admissions | $234,040 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $38,557 | $0 | $282,597 | $0 | $0 | $0 |
| Karen Turner | ||||||||||||||
| SVP Chief Business Development Officer | $263,614 | $0 | $98,000 | $0 | $0 | $0 | $0 | $0 | $33,958 | $0 | $395,572 | $0 | $0 | $0 |
| Kimberly Sue Pugh Dean | ||||||||||||||
| SVP Student Finance Ops | $103,495 | $0 | $10,000 | $0 | $447,649 | $0 | $0 | $0 | $4,178 | $0 | $565,322 | $0 | $0 | $0 |
| Tom O'Donnell | ||||||||||||||
| VP Operations | $163,308 | $0 | $0 | $0 | $957 | $0 | $0 | $0 | $2,087 | $0 | $166,352 | $0 | $0 | $0 |
| David L Hawn | ||||||||||||||
| CEO & President (until 07-31-16) | $0 | $519,553 | $0 | $560,722 | $0 | $3,624 | $0 | $23,850 | $0 | $19,148 | $0 | $1,126,896 | $0 | $44,472 |
| Peter J Taylor | ||||||||||||||
| Zenith CEO & President (effective 08-01-16) and Foundation President & Director | $0 | $478,163 | $0 | $111,958 | $0 | $2,405 | $0 | $151,461 | $0 | $10,406 | $0 | $754,394 | $0 | $11,856 |
| Daniel S Fisher | ||||||||||||||
| General Counsel/Corp Secretary | $0 | $311,679 | $0 | $199,457 | $0 | $5,642 | $0 | $31,800 | $0 | $18,981 | $0 | $567,560 | $0 | $19,052 |
| Gregory A Van Guilder | ||||||||||||||
| Treasurer | $0 | $455,680 | $0 | $393,608 | $0 | $3,126 | $0 | $31,800 | $0 | $27,720 | $0 | $911,934 | $0 | $35,531 |
| James G Gilbertson | ||||||||||||||
| Zenith CFO | $0 | $226,185 | $0 | $102 | $0 | $2,749 | $0 | $24,083 | $0 | $24,515 | $0 | $277,635 | $0 | $0 |
| Mary Ostrye | ||||||||||||||
| SVP and Provost and Chief Academic Officer | $265,000 | $0 | $22,083 | $0 | $13,032 | $0 | $0 | $0 | $1,519 | $0 | $301,634 | $0 | $0 | $0 |
| Joshua Susser | ||||||||||||||
| Interim VP Marketing | $0 | $197,124 | $0 | $81,866 | $0 | $4,983 | $0 | $31,800 | $0 | $14,986 | $0 | $330,759 | $0 | $9,764 |
| Robert Kenyon | ||||||||||||||
| SVP & Chief Accounting Officer | $11,346 | $285,180 | $0 | $104 | $0 | $1,341 | $0 | $24,580 | $0 | $26,647 | $11,346 | $337,852 | $0 | $0 |
| Michael Stiglich | ||||||||||||||
| SVP Campus Operations | $0 | $0 | $9,615 | $0 | $271,754 | $0 | $0 | $0 | $985 | $0 | $282,354 | $0 | $0 | $0 |
| John Andrews | ||||||||||||||
| VP Accreditation & Licensing | $214,759 | $0 | $4,500 | $0 | $546,333 | $0 | $0 | $0 | $17,508 | $0 | $783,101 | $0 | $0 | $0 |
| Paul De Giusti | ||||||||||||||
| VP Legislative Affairs | $0 | $0 | $0 | $0 | $511,330 | $0 | $0 | $0 | $0 | $0 | $511,330 | $0 | $0 | $0 |
| David Beaver | ||||||||||||||
| VP Procurement & Sourcing | $0 | $0 | $0 | $0 | $190,257 | $0 | $0 | $0 | $0 | $0 | $190,257 | $0 | $0 | $0 |
| Christopher Lynn | ||||||||||||||
| RVP Operations | $110,107 | $0 | $27,192 | $0 | $49,300 | $0 | $0 | $0 | $14,681 | $0 | $201,280 | $0 | $0 | $0 |
| Michael Jenkins | ||||||||||||||
| Division AVP Admissions HS | $0 | $0 | $0 | $0 | $181,601 | $0 | $0 | $0 | $0 | $0 | $181,601 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Tax indemnification and gross-up payments | Certain taxable benefits are grossed up to make the employee whole. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | The following received a severance payment in 2016: Kimberly Sue Pugh Dean - $141,625. Michael Stiglich - $57,692. Christopher Lynn - $49,300. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | ECMC Group, Inc. maintains a supplemental nonqualified retirement plan described in section 457(f), and a Supplemental Employee Retirement Plan (SERP), to attract and retain employees, typically in management positions. In 2016, Gregory Van Guilder and Peter J. Taylor participated in the 457(f) plan, and received employer contributions of $15,179 and $1,595, respectively, and Peter J. Taylor participated in the SERP plan, and received an employer contribution of $119,661. |
| Schedule J, Part I, Line 5b Compensation contingent on revenues of a related organization | ECMC Group, Inc.'s annual officer incentive plan requires achievement of stated primary financial goals, which includes revenues, before any payment to any officer is made. |
| Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization | ECMC Group, Inc.'s annual officer incentive plan requires achievement of stated key performance metrics, which includes net earnings, before any payment to any officer is made. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard J Boyle | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Mr. Boyle is a director and president of a company contracted with ECMC Group, Inc., a related org. | RelationshipDescriptionTxt |
| Transaction | $180,000 | TransactionAmt |
| Transaction | See description of transaction in Part V | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Column (d) Description of Transaction | FormAndLineReferenceDesc |
| Explanation | ECMC Group, Inc., a related organization, has a consulting contract with a company owned by a former director and president. For transparency of operation, the contract is reported in this Form 990 filing as ECMC Group, Inc. is the parent and supporting entity of Educational Credit Management Corporation and Zenith Education Group, Inc. and the parent organization of ECMC Foundation. The contract is for advisory services to ECMC Group, Inc. and began after the officer retired from the organization on February 1, 2014. The proposed terms of the contract were reviewed by the Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors which is wholly comprised of independent, outside directors. The Committee reviewed the business terms, tasks, duration of the proposed agreement and comparability data. They also heard from compensation consultants and outside counsel. The Committee made a recommendation that was then approved by the full ECMC Group, Inc. Board of Directors. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | ECMC Group, Inc. converted amounts due from Zenith to a contribution in support of its mission. | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $446,270,902 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - Book Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Other - ECMC Group, Inc. converted amounts due from Zenith to a contribution in support of its mission. The number reported in Part I, Line 25, Column (b) is based on the number of contributions received. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Heading, Item C - Doing Business As (DBA) | On August 8, 2017, Zenith Education Group, Inc. announced the launch of DBA Altierus Career College or Altierus Career Education, and retirement of DBAs Everest College, Everest University and Everest Institute. The new DBA name reflects the college's updated and expanded offerings in high-demand medical, trades, technology and business industries, including efforts to ensure that students are well-matched with career choices and develop the soft skills local employers value most. [www.altierus.org] |
| Form 990, Part VI, Line 13 Whistleblower Policy | The Zenith Education Group, Inc. whistleblower policy requires directors, officers and employees to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. Employees and representatives of the Corporation are to practice honesty and integrity in fulfilling their responsibilities and comply with all applicable laws and regulations. The policy provides for reporting mechanisms of potential illegal practices or violations of corporate policies, and prohibits repercussions for good faith reporting of suspected violations under the policy. In addition, ECMC Group, Inc. has a code of ethics and business conduct policy that is affirmed annually by all ECMC Group, Inc. and affiliated companies' officers and employees. There is a provision incorporated into the code of ethics and business conduct policy that binds all employees that states there can be no repercussions for good faith reporting of potential illegal practices or violations of corporate policies. ECMC Group, Inc. has established an anonymous whistleblower telephone hotline and website administered by an outside vendor. The hotline and website are available and accessible to Zenith Education Group, Inc. directors, officers, employees and vendors. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | Zenith Education Group, Inc. HAS ONE MEMBER. THE MEMBER IS ECMC GROUP, INC. A DELAWARE, non-stock, nonprofit CORPORATION EXEMPT UNDER SECTION 501(C)(3). THERE ARE NO STOCKHOLDERS. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | ECMC GROUP, INC. HAS THE RIGHT TO ELECT AND/OR APPROVE ALL THE DIRECTORS OF THE Zenith Education Group, Inc. BOARD OF DIRECTORS. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | ECMC GROUP, INC., THE SOLE MEMBER OF Zenith Education Group, Inc., RETAINS THE FOLLOWING AUTHORITY OVER Zenith Education Group, Inc.: 1. TO AUTHORIZE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS. 2. TO APPROVE THE STRATEGIC AND FINANCIAL PLANS. 3. TO ELECT AND/OR APPROVE THE MEMBERS OF THE BOARD OF DIRECTORS. 4. TO OVERSEE COORDINATION OF PROGRAMS AND SERVICES OFFERED. 5. TO AUTHORIZE FORMATION, GOVERNANCE AND DISSOLUTION. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | ALL MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT ARE PROVIDED A COPY OF FORM 990 TO REVIEW AND PROVIDE COMMENTS PRIOR TO FILING. ALL MEMBERS OF THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT ARE PROVIDED WITH A COPY OF THE FINAL VERSION OF FORM 990 BEFORE IT HAS BEEN FILED. |
| Form 990, Part VI, Line 12c Conflict of interest policy | OFFICERS, DIRECTORS AND Key EMPLOYEES ARE REQUIRED TO REAFFIRM ON AN ANNUAL BASIS THEIR UNDERSTANDING OF THE COMPANY'S Conflict of Interest Policy. THE AFFIRMATION SPECIFICALLY REFERENCES THAT THE INDIVIDUAL WILL COMPLY WITH THE DIRECTIVES OF THE Corporation's Conflict of Interest Policy. It also references the individual's fiduciary duty to the corporation, responsibility not to disclose confidential, proprietary information and understanding that as a charitable organization the corporation must diligently avoid in fact and in appearance any conflict of interest in order to maintain the trust of the public. The policy is reviewed annually. MONITORING AND ENFORCEMENT OF THE POLICY are ACCOMPLISHED THROUGH THE REAFFIRMATION PROCESS. IN CASES WHERE A POTENTIAL CONFLICT IS DISCLOSED TO THE Board, Committee or Board's Designee, procedures are in place to determine whether a conflict of interest exists and to address a conflict of interest. THE BOARD member WILL BE REQUIRED TO EXCUSE THEMSELVES FROM the process ON MATTERS WHERE THEY MAY HAVE A CONFLICT OF INTEREST. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The following describes the Educational Credit Management Corporation (ECMC), Zenith Education Group, Inc. and ECMC Group, Inc. executive compensation methodology. The Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors is wholly comprised of independent, outside directors. In 2016, the Committee retained executive compensation experts from Grant Thornton, a global compensation consulting organization, through Arnold & Porter LLP to identify appropriate CEO and senior executive compensation packages. Arnold & Porter LLP provided a written opinion on the reasonableness of this compensation. The market analysis performed by Grant Thornton for Arnold & Porter LLP includes salary and incentive data from an appropriate peer group under IRS regulations and includes both nonprofit and for-profit entities. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The following describes the Educational Credit Management Corporation (ECMC), Zenith Education Group, Inc. and ECMC Group, Inc. executive compensation methodology. The Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors is wholly comprised of independent, outside directors. In 2016, the Committee retained executive compensation experts from Grant Thornton, a global compensation consulting organization, through Arnold & Porter LLP to identify appropriate CEO and senior executive compensation packages. Arnold & Porter LLP provided a written opinion on the reasonableness of this compensation. The market analysis performed by Grant Thornton for Arnold & Porter LLP includes salary and incentive data from an appropriate peer group under IRS regulations and includes both nonprofit and for-profit entities. |
| Form 990, Part VI, Line 19 Required documents available to the public | NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. |
| Form 990, Part XI, Line 9 Other changes in net assets | $4,475,654. On January 1, 2016 approximately 175 Zenith Education Group, Inc. employees in the information technology, finance and accounting, human resources, and other corporate support departments were hired into ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc. Additionally, the related property, equipment, and leasehold improvements of approximately $2.91 million and prepaid expenses and other assets of approximately $1.57 million were transferred into ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Transfer of net assets. - -4475654; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ECMC Group Inc | |||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411991995 | Education Finance | DE | 501(c)(3) | Type II | NA | false |
| Educational Credit Management Corporation | |||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411778617 | Guarantor | MN | 501(c)(3) | 10 | ECMC Group Inc | false |
| ECMC Foundation | |||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411990628 | Promote Education | DE | 501(c)(3) | Type II | ECMC Group Inc | false |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Oakdale Investment Management Corporation | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 352085743 | Holding Investments | DE | ECMC Group Inc | C Corporation | false |
| ECMC Holdings Corporation | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411991992 | Strategic Oversight | DE | ECMC Group Inc | C Corporation | false |
| Educational Credit Services Co | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411992001 | Private Loans | DE | NA | C Corporation | false |
| ECMC Records & Rec Mgmt Corporation | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411989959 | Document Management | DE | NA | C Corporation | false |
| ECMC Management Services Corporation | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411989960 | Management Services | DE | NA | C Corporation | false |
| ECMC Technology Services Corporation | ||||||||||
| 111 Washington Avenue South | Suite 1400 | Minneapolis | MN | 55401 | 411989958 | Technology Services | DE | NA | C Corporation | false |
| ECMC Servicing Corporation | ||||||||||
| 10370 Peter A McCuen Blvd | Mather | CA | 95655 | 471154366 | Loan Servicing | DE | NA | C Corporation | false | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part I Disregarded Entities of Related Organizations | 1(a)-Name. Oakdale Student Loan Funding, LLC (27-1914648), 111 Washington Avenue South, Suite 1400, Minneapolis, MN 55401. 1(b)-Primary activity. Holding FFELP Loans. 1(c)-Legal domicile. DE. 1(f)-Direct controlling entity. ECMC Group, Inc. 2(a)-Name. ECMC Shared Services Company, LLC (81-0690960), 111 Washington Avenue South, Suite 1400, Minneapolis, MN 55401. 2(b)-Primary activity. Support Services Functions. 2(c)-Legal domicile. DE. 2(f)-Direct controlling entity. ECMC Group, Inc. 3(a)-Name. Patriot Student Loan Capital, LLC (81-3501777) 111 Washington Avenue South, Suite 1400, Minneapolis, MN 55401. 3(b)-Primary Activity. Trust Student Loans. 3(c)-Legal Domicile. DE. 3(f)-Direct Controlling Entity. ECMC Group, Inc. 4(a)-Name. Premiere Credit of North America, LLC (35-2085743), 2002 Wellesley Blvd, #100, Indianapolis, IN 46219. 4(b)-Primary activity. Accounts Receivable Management. 4(c)-Legal domicile. IN. 4(f)-Direct controlling entity. ECMC Holdings Corporation. 5(a)-Name. Healthcare Billing Administrators, LLC (81-4038009) 2002 Wellesley Blvd, #100, Indianapolis, IN 46219. 5(b)-Primary Activity. Provider of Contingent Collections in the Healthcare Provider Market. 5(c)-Legal Domicile. IN. 5(f)-Direct Controlling Entity. Premiere Credit of North America, LLC. |
| Schedule R, Part V, Line 1c Gift, grant, or capital contribution from related organization(s) | $2,826,372 contribution made by ECMC Foundation to Zenith Education Group, Inc. to fund qualified expenses of the Zenith Campaign for Innovation; a career readiness initiative in support of ECMC Foundation's mission to inspire and to facilitate improvements that affect education outcomes, especially among underserved populations, through evidence-based innovation. |
| Schedule R, Part V, Line 1e Loans or loan guarantees by related organization(s) | $381,200,000. Zenith Education Group, Inc. had two unsecured credit arrangements with ECMC Group, Inc. The funds were to be used for operations and capital improvements. In September 2016, the Board of Directors of ECMC Group, Inc. adopted a resolution to convert all outstanding principal and interest on notes receivable from Zenith Education Group, Inc. to a contribution to Zenith Education Group, Inc. The total amount converted to a contribution on September 22, 2016 was $423,006,357. |
| Schedule R, Part V, Line 1m Performance of services by related organization(s) | $1,635,370 for default aversion services were paid to Educational Credit Management Corporation. |
| Schedule R, Part V, Line 1q Reimbursement paid by related organization(s) for expenses | $2,219,533 reimbursement paid by ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc., a related organization, for expenses. |
| Schedule R, Part V, Line 1c Gift, grant, or capital contribution from related organization(s) | $478,270,902 contributions made by ECMC Group, Inc. to Zenith Education Group, Inc. In September 2016, the Board of Directors of ECMC Group, Inc. adopted a resolution to convert all outstanding principal and interest on notes receivable from Zenith Education Group, Inc. to a contribution to Zenith Education Group, Inc. In addition, the Board resolved that all outstanding intercompany liabilities (net) due from Zenith Education Group, Inc. as of December 31, 2016 would be converted to contributions. The conversion of outstanding principal, interest, and other outstanding intercompany liabilities amounted to $446,270,902. Cash contributions of $32,000,000 were also made to Zenith Education Group, Inc. to support its mission to help students succeed in their pursuit on an educational experience that prepares them for the workforce. |
| Schedule R, Part V, Line 1e Loans or loan guarantees by related organization(s) | $2,800,000 contingent liability. Zenith Education Group, Inc. and ECMC Group, Inc., as co-applicants, established two letters of credit. The letters of credit expired in February and March, 2017, respectively. |
| Schedule R, Part V, Line 1r Other transfer of cash or property to related organization(s) | $4,475,654. On January 1, 2016 approximately 175 Zenith Education Group, Inc. employees in the information technology, finance and accounting, human resources, and other corporate support departments were hired into ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc., a related organization. Additionally, the related property, equipment, and leasehold improvements of approximately $2.91 million and prepaid expenses and other assets of approximately $1.57 million were transferred into ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc., a related organization. |
| Schedule R, Part V, Line 1n Sharing of Facilities, Equipment, or Other Assets with Related Org(s) | $1,423,084 allocated expenses for Facilities, Equipment, Mailing Lists, or Other Assets shared with ECMC Shared Services Company, LLC, a wholly owned subsidiary of ECMC Group, Inc., a related organization. |
| Schedule R, Part V, Line 1p Reimbursement Paid to Related Organization(s) for Expenses | $17,821,288 Paid to ECMC Group, Inc. for Expenses. |
| Schedule R, Part V, Line 1p Reimbursement Paid to Related Organization(s) for Expenses | $658,795 Paid to Educational Credit Management Corporation for Expenses. |