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Ascendium Education Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391090394 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Ascendium Education Group Inc?

Ascendium Education Group Inc is a nonprofit organization based in Madison, Wisconsin, with a total workforce of 112. They primarily exist to support and benefit Ascendium Education Solutions Inc. Ascendium Education Solutions, in turn, functions as a national grantmaker, a federal student loan guaranty agency, and a provider of student success services. Their mission encompasses increasing access to and fostering success in postsecondary education for a broader population.


Official website here: www.ascendiumeducation.org

Is Ascendium Education Group Inc legitimate?

Ascendium Education Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascendium Education Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,115,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,013,357

For more financial information, click here


Official website here: www.ascendiumeducation.org

What is the mission statement of Ascendium Education Group Inc?

Ascendium Education Group Inc serves to support and benefit Ascendium Education Solutions Inc, with a focus on enhancing access to and success in post-secondary education. Acting as a national grantmaker, a federal student loan guaranty agency, and a provider of student success services, Ascendium Education Group strives to make education more accessible and successful for individuals. Their mission encompasses expanding opportunities for learners through various means.


Official website here: www.ascendiumeducation.org

What is the revenue of Ascendium Education Group Inc?

Ascendium Education Group Inc's revenue in 2022 was $25,305,849.


Official website here: www.ascendiumeducation.org

Who are the executives of Ascendium Education Group Inc and what are their salaries?

The average compensation at Ascendium Education Group Inc during 2022 was $108,289. There are 112 employees at Ascendium Education Group Inc.

Here are 24 key members and their salaries:

    Richard D George - 23 (Chair/Pres/Cio/Treas) [Trustee/Director]
  • Compensation: $848,497
  • Related: $0
  • Other: $54,340

    • Hope E Merry - 3 (Chief Financial Officer)
  • Compensation: $409,184
  • Related: $0
  • Other: $49,408

    • Jacqueline J Fairbairn - 3 (Chief Compliance Officer)
  • Compensation: $0
  • Related: $302,969
  • Other: $55,347

    • Rebecca E Rapp - 3 (Gen Cnsl & Asst Secretary)
  • Compensation: $288,345
  • Related: $0
  • Other: $48,671

    • Amy S Kerwin - 3 (Vp - Education Philanthropy)
  • Compensation: $289,078
  • Related: $0
  • Other: $43,552

    • Brett G Lindquist - 3 (Vp - Strategic Communications)
  • Compensation: $277,226
  • Related: $0
  • Other: $54,875

    • Eric C Maly - 3 (Director Info/Technology/Security)
  • Compensation: $227,358
  • Related: $0
  • Other: $46,627

    • Maureen L Harrill - 3 (Vp - Human Resources)
  • Compensation: $224,068
  • Related: $0
  • Other: $41,532

    • Matthew R Harlowe - 3 (Director Internal Audit)
  • Compensation: $240,268
  • Related: $0
  • Other: $16,568

    • Jennifer M Krueger - 3 (Deputy General Counsel)
  • Compensation: $159,870
  • Related: $0
  • Other: $44,060

    • Keith Witham - 3 (Director - Education Grantmaking)
  • Compensation: $178,800
  • Related: $0
  • Other: $24,838

    • Bethany M Miller - 3 (Director - Learning And Impact)
  • Compensation: $168,692
  • Related: $0
  • Other: $25,678

    • Alexander J Hammond - 3 (Senior Security Architect)
  • Compensation: $159,406
  • Related: $0
  • Other: $33,215

    • Richard T Schick - 3 (Sr It Architectural Engineer)
  • Compensation: $149,034
  • Related: $0
  • Other: $20,417

    • Scott Klug - 1 (Director)
  • Compensation: $11,900
  • Related: $11,900
  • Other: $0

    • Thomas Boldt - 1 (Director)
  • Compensation: $23,800
  • Related: $0
  • Other: $0

    • Richard A Weiss - 1 (Director)
  • Compensation: $10,800
  • Related: $10,800
  • Other: $0

    • Roger Ervin - 1 (Director)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Emerson Brumback - 1 (Director, Vice Chairman)
  • Compensation: $9,700
  • Related: $9,700
  • Other: $0

    • Linda Hoeschler - 1 (Director)
  • Compensation: $19,400
  • Related: $0
  • Other: $0

    • David J Hanson - 1 (Director, Secretary)
  • Compensation: $8,600
  • Related: $8,600
  • Other: $0

    • Joan Prince - 1 (Director)
  • Compensation: $17,200
  • Related: $0
  • Other: $0

    • Mary Burke - 1 (Director)
  • Compensation: $8,600
  • Related: $8,600
  • Other: $0

    • Maria Gonzalez-Knavel - 1 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ascendiumeducation.org

    Where can I find the form 990 for Ascendium Education Group Inc?

    The Ascendium Education Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ascendiumeducation.org

    Learn more at the official website: www.ascendiumeducation.org

    Mission Statement of Ascendium Education Group Inc

    Ascendium Education Group, Inc. plays a crucial role in bolstering Ascendium Education Solutions, Inc. (Solutions) as a leading national grantmaker, a federal student loan guaranty agency, and a provider of student success services. In essence, Ascendium Education Group functions as a supportive partner to Solutions, enabling it to expand access to and enhance the achievement of post-secondary education for a multitude of students. The organization's mission is geared toward fostering a more inclusive education landscape, providing essential resources and services that empower students to overcome barriers and reach their academic goals. By working in close collaboration with Solutions, Ascendium Education Group, Inc. strives to create a robust ecosystem that ensures students have access to the resources they need to succeed in their post-secondary pursuits.

    Impact

    This information is meant to be a general summary of Ascendium Education Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ascendium Education Group Inc's impact is centered around increasing access to and success in postsecondary education. Through its support and benefit of Ascendium Education Solutions, Inc., the organization serves as a national grantmaker, a federal student loan guaranty agency, and a provider of student success services. By focusing on these areas, Ascendium Education Group Inc plays a key role in facilitating opportunities for individuals to pursue and excel in higher education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,465,304
  • Program Service Revenue: $840,000
  • Gross Receipts: $60,952,396

    • Assets and Liabilities:
  • Total Assets: $2,599,459,075
  • Total Liabilities: $5,887,995
  • Net Assets: $2,593,571,080
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Contracted Revenue Share

    Revenue

    $840,000

    Organization Details

    Founding Year

    1967

    Main Address

    38 BUTTONWOOD COURT, MADISON, WI, 53718

    NTEE Category

    Code: B40 - Education

    If you are a representative of Ascendium Education Group Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.