Overview
What is The Conference Board Inc?
The Conference Board Inc, established in 1916 and headquartered in New York City, is a not-for-profit organization with a mission to provide valuable insights and facilitate exchanges among business executives from various industries. They achieve this through conducting conferences, seminars, briefings, and peer group councils. With a team of approximately 314 employees, the organization operates as a member-driven think tank, aiming to help its members anticipate future trends, enhance their performance, and contribute to society. During the past year, they held numerous events to foster insightful discussions and knowledge sharing among their members.
Official website here: www.conference-board.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star Rating
The Conference Board Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is principally derived from its Accountability & Finance, indicating a strong emphasis on financial stewardship and transparency. The organization excels in having a majority of independent board members and a robust audit and oversight committee, demonstrating effective governance practices.
Strengths of The Conference Board include its high scores in several accountability measures, such as conflict of interest policies and document retention, which are all fully compliant. Additionally, the organization has a solid program expense ratio, indicating a significant portion of its resources is directed toward its mission-driven activities. This level of financial oversight is crucial for building trust with donors and stakeholders.
However, the organization did face some limitations, particularly in the area of its liabilities to assets ratio, which scored poorly at 0 out of 15 points. While the overall financial health of The Conference Board appears relatively stable, this aspect may raise concerns regarding its long-term sustainability. Additionally, the nonprofit's tax form was noted as missing from its website, which could hinder transparency efforts.
This AI summary has been generated from information found on Charity Navigator.
Is The Conference Board Inc legitimate?
The Conference Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Conference Board 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,297,826
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,872,249
For more financial information, click here
Official website here: www.conference-board.org
What is the mission statement of The Conference Board Inc?
The Conference Board is a non-partisan, non-profit think tank dedicated to providing insights and expertise to its members. Founded in 1916 and holding 501 (c) (3) tax-exempt status in the US, The Conference Board helps its members anticipate future trends, enhance their performance, and contribute to society. Through conferences, seminars, briefings, and peer group councils, The Conference Board facilitates knowledge exchange among corporate executives from diverse industries. During the past year, the organization held numerous conferences to foster insightful discussions and collaboration among its members.
Official website here: www.conference-board.org
Who is the CEO of The Conference Board Inc?
Tricia Lamarca is the CEO of The Conference Board Inc The CEO's salary of The Conference Board Inc is $328,557 and their total compensation is $354,524.
Official website here: www.conference-board.org
What is the revenue of The Conference Board Inc?
The Conference Board Inc's revenue in 2023 was $99,841,188.
Official website here: www.conference-board.org
Who are the executives of The Conference Board Inc and what are their salaries?
The average compensation at The Conference Board Inc during 2023 was $129,390. There are 295 employees and 20 volunteers at The Conference Board Inc.
Here are 36 key members and their salaries (The Conference Board Inc's CEO's salary is $328,557 and their total compensation is $354,524):
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- Compensation: $158,412
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- Compensation: $407,614
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- Compensation: $383,850
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- Compensation: $408,563
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- Other: $58,072
- Compensation: $414,864
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- Compensation: $328,557
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- Compensation: $370,677
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- Other: $41,260
- Compensation: $403,792
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- Other: $42,969
- Compensation: $443,967
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- Other: $46,774
Official website here: www.conference-board.org
Where can I find the form 990 for The Conference Board Inc?
The Conference Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.conference-board.org
Learn more at the official website: www.conference-board.org
Mission Statement of The Conference Board Inc
The Conference Board, a renowned think tank established in 1916, is a member-driven non-partisan organization holding 501 (c) (3) tax-exempt status in the United States. With a mission to deliver trusted insights for what lies ahead, the organization helps its Members anticipate future trends, enhance their performance, and contribute positively to society. The Conference Board accomplishes this by facilitating conferences, seminars, briefings, and peer group councils, allowing executives from various industries to exchange ideas and insights. Throughout the past year, The Conference Board has organized numerous conferences to foster intellectual exchange among its members.
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Impact
October, 2024
The Conference Board Inc plays a crucial role in shaping business practices and enhancing corporate decision-making through its research and insights. By providing trusted information and analysis, it enables member organizations to anticipate future trends, improve operational performance, and address societal challenges more effectively.
Through conferences, seminars, and peer group councils, The Conference Board facilitates valuable exchanges among executives from various industries, fostering collaboration and shared learning. This interaction helps organizations stay ahead of market dynamics and refine their strategies accordingly. Founded in 1916, its long-standing expertise in economic and business issues helps members navigate complex environments and enhance their competitive edge.
The organization’s focus on community improvement underscores its commitment to creating a positive societal impact, ensuring that businesses not only thrive but also contribute to the well-being of the communities they serve. By aligning corporate goals with societal needs, The Conference Board Inc is instrumental in driving sustainable growth and responsible business practices across industries.
This information is meant to be a general summary of The Conference Board Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,492,369
- Program Service Revenue: $84,232,737
- Gross Receipts: $99,996,196
Assets and Liabilities:
- Total Assets: $92,135,904
- Total Liabilities: $68,356,939
- Net Assets: $23,778,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences & Meetings
Revenue
$8,570,792
Membership
Revenue
$20,843,334
Councils and Centers
Revenue
$54,301,780
All Other Program Service Revenue
Revenue
$516,831
Organization Details
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