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Harvard Business School Publishing Corporation

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

EIN: 043177990 ✦ Brighton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Harvard Business School Publishing Corporation?

Harvard Business School Publishing Corporation functions as a partner for businesses and governments, designing top-tier leadership development solutions for managers at various levels within global organizations. Based on the provided information, they do not have a clear mission statement or description of their activities apart from their partnership program.


Official website here: www.harvardbusiness.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Harvard Business School Publishing Corporation has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 73%. This rating indicates that while the organization meets some criteria for accountability and finance, there are areas that require attention and improvement.

The organization demonstrates strengths in its program expense ratio, with 95.54% of expenses going directly to programs, indicating a commitment to its mission. It maintains good practices with policies such as conflict of interest and whistleblower protections in place, which contribute positively to its governance and accountability. The independent board size is also a strong point, with six independent members.

However, the organization faces significant challenges, particularly in its Board composition, where only 42% of its members are independent. Additionally, the absence of the tax form on its website raises concerns regarding transparency. The high liabilities to assets ratio of 74.79% further highlights financial weaknesses that could impact its sustainability. Overall, while there are commendable aspects, the organization needs to address its governance and financial transparency for better standing.


This AI summary has been generated from information found on Charity Navigator.

Is Harvard Business School Publishing Corporation legitimate?

Harvard Business School Publishing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Business School Publishing Corporation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,590,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,163,498

For more financial information, click here


Official website here: www.harvardbusiness.org

What is the mission statement of Harvard Business School Publishing Corporation?

Harvard Business Publishing Corporation focuses on collaborating with organizations and governments to develop top-tier leadership training programs for managers at various levels. Their mission lies in creating world-class learning solutions that foster growth and improvement within these entities. By tailoring these programs to the unique needs of their clients, they aim to drive success and productivity. Through their partnerships, they contribute to the advancement of leadership skills on a global scale.


Official website here: www.harvardbusiness.org

Who is the CEO of Harvard Business School Publishing Corporation?

Laila Worrell is the Principal Officer of Harvard Business School Publishing Corporation. The CEO's salary of Harvard Business School Publishing Corporation is $602,484 and their total compensation is $665,736.


Official website here: www.harvardbusiness.org

What is the revenue of Harvard Business School Publishing Corporation?

Harvard Business School Publishing Corporation's revenue in 2022 was $307,657,781.


Official website here: www.harvardbusiness.org

Who are the executives of Harvard Business School Publishing Corporation and what are their salaries?

The average compensation at Harvard Business School Publishing Corporation during 2022 was $147,821. There are 526 employees at Harvard Business School Publishing Corporation.


Here are 29 key members and their salaries (Harvard Business School Publishing Corporation's CEO's salary is $602,484 and their total compensation is $665,736):


David A Wan (Director, Former Pres/Ceo)
  • Compensation: $1,248,109
  • Related: $0
  • Other: $49,098
Suraj Srinivasan (Director)
  • Compensation: $0
  • Related: $683,236
  • Other: $37,410
Das Narayandas (Chairman Of The Board)
  • Compensation: $9,000
  • Related: $609,453
  • Other: $67,788
Joshua Macht (Acting Ceo)
  • Compensation: $602,484
  • Related: $0
  • Other: $63,252
Nicholas Clayton (Vp, Global Sales)
  • Compensation: $628,894
  • Related: $0
  • Other: $19,673
Robin L Camara (Sr Vp/Clerk)
  • Compensation: $602,822
  • Related: $0
  • Other: $30,282
Angela Q Crispi (Director)
  • Compensation: $0
  • Related: $512,313
  • Other: $65,273
Alan Ignatius (Editor In Chief)
  • Compensation: $506,900
  • Related: $0
  • Other: $63,457
Benjamin Esty (Audit Committee Chair)
  • Compensation: $0
  • Related: $503,060
  • Other: $67,256
Tsedal B Neeley (Director)
  • Compensation: $0
  • Related: $497,135
  • Other: $63,002
Luis M Viceira (Director)
  • Compensation: $0
  • Related: $484,760
  • Other: $62,094
Gail C Day (Vp, Global Adv Sales)
  • Compensation: $479,698
  • Related: $0
  • Other: $65,252
Thomas Eisenmann (Director)
  • Compensation: $0
  • Related: $433,700
  • Other: $62,926
Craig Catalano (Vp, National Sales Ad & Mktg)
  • Compensation: $428,059
  • Related: $0
  • Other: $63,207
Raffealla Sadun (Director)
  • Compensation: $0
  • Related: $419,513
  • Other: $67,703
Ian Fanton (Evp, Corporate Learning)
  • Compensation: $396,409
  • Related: $0
  • Other: $61,956
Amy Hanlon (Sr Strat Rel Mgr)
  • Compensation: $414,332
  • Related: $0
  • Other: $40,981
Douglas Beimler (Vp, Global Sales)
  • Compensation: $397,554
  • Related: $0
  • Other: $51,857
Sarah Mcconville Ulicny (Evp, Hbr Group Publisher)
  • Compensation: $379,384
  • Related: $0
  • Other: $63,961
Paul Bills (Sr. Vice President, Cfo)
  • Compensation: $368,786
  • Related: $0
  • Other: $62,408
Mark C Elliott (Director)
  • Compensation: $0
  • Related: $339,965
  • Other: $63,194
Jason Mcnamara (Svp, Chief Information Officer)
  • Compensation: $323,979
  • Related: $0
  • Other: $57,457
Angela Cheng-Cimini (Sr Vp/Clerk)
  • Compensation: $97,815
  • Related: $0
  • Other: $21,180
William T Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Kramer (Compensation Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birger Magnus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Dwane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Loring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David F Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.harvardbusiness.org

Where can I find the form 990 for Harvard Business School Publishing Corporation?

Harvard Business School Publishing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.harvardbusiness.org

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

Mission Statement of Harvard Business School Publishing Corporation

Harvard Business Publishing Corporation, a renowned organization, is dedicated to collaborating with clients to design top-tier leadership development programs for managers at all levels within multinational corporations and governments. By combining Harvard Business School's expertise and resources, the publishing corporation creates customized solutions to help managers enhance their skills and drive successful outcomes for their organizations. The mission is to deliver world-class training that equips leaders with the necessary tools and knowledge to excel in their roles and make a significant impact in their respective industries.

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Impact




October, 2024

Harvard Business School Publishing Corporation significantly impacts leadership development across diverse sectors by partnering with various organizations and governments to create comprehensive training solutions. Their focus on enhancing managerial skills at all levels equips leaders with the necessary tools and insights to navigate complex challenges and drive organizational success. By fostering a culture of continuous learning, they contribute to the professional growth of individuals and the overall effectiveness of institutions globally. Their innovative programs and resources are designed to address the evolving needs of today's leaders, thereby shaping the future of management practices.




This information is meant to be a general summary of Harvard Business School Publishing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$307,657,781 (2022)
Expenses
$302,020,475 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68,188
  • Program Service Revenue: $290,720,758
  • Gross Receipts: $307,657,781

Assets and Liabilities:

  • Total Assets: $217,066,145
  • Total Liabilities: $164,971,316
  • Net Assets: $52,094,829

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Programs

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

SALES OF EDUCATIONAL MATERIALS TO IND MGR

Revenue

$91,159,448

SALES OF MATERIALS FOR HIGHER EDUCATION

Revenue

$84,788,113

SALES OF E-LEARNING MATERIALS TO CORPS

Revenue

$96,638,676

ADVERTISING

Revenue

$17,492,169

SHIPPING

Revenue

$325,922

Organization Details

Founding Year

1993

Principal Officer

Laila Worrell

Main Address

20 GUEST STREET SUITE 700, BRIGHTON, MA, 02135

NTEE Category

Code: A330 - Arts

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