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Kelley Executive Education Foundation Inc

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

EIN: 264646019 ✦ Bloomington, IN ✦ Designated as a 501(c)(3)

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Overview

What is Kelley Executive Education Foundation Inc?

Kelley Executive Education Foundation Inc, based in Bloomington, Indiana, is an affiliate of the prestigious Indiana University Kelley School of Business. This nonprofit organization's primary mission is to offer top-tier executive education programs globally, aiming to bolster the strategic, organizational, and competitive capabilities of various organizations. Through these world-class experiences, the foundation aims to foster leadership skills within these organizations, contributing to their overall growth and success. The foundation operates with a small team of ten dedicated individuals.


Official website here: www.kelley.iu.edu/programs/executive-education

What are the reviews and ratings of this charity?

Charity Navigator rates Kelley Executive Education Foundation Inc at 67%, which corresponds to a Two-Star out of Four Star rating. This score reflects moderate performance in accountability and finance, highlighting some areas of concern in governance, particularly regarding the lack of independent board members.

The organization has a solid program expense ratio of 93.92%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, it has demonstrated good practices in areas such as conflict of interest and whistleblower policies, as well as maintaining an audit and oversight committee that received full points.

However, the charity's governance structure raises red flags, as it has not appointed any independent board members, which could impact its accountability. Furthermore, there is a notable gap in transparency, as the tax form is missing from the nonprofit's website, which detracts from the overall assessment of its financial health and openness.


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

Is Kelley Executive Education Foundation Inc legitimate?

Kelley Executive Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kelley Executive Education Foundation 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: $381,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,798

For more financial information, click here


Official website here: www.kelley.iu.edu/programs/executive-education

What is the mission statement of Kelley Executive Education Foundation Inc?

The Kelley Executive Education Foundation Inc's mission is centered around providing top-notch executive development experiences globally. This aim is to enhance the strategic, organizational, and competitive capabilities of various organizations worldwide. By doing so, the foundation seeks to develop the leadership competencies of the individuals within these organizations. The Kelley School of Business Executive Education, a division of Indiana University's renowned business school, serves as the foundation's executive education arm, carrying out this mission.


Official website here: www.kelley.iu.edu/programs/executive-education

Who is the CEO of Kelley Executive Education Foundation Inc?

Laureen A Maines is the Principal Officer of Kelley Executive Education Foundation Inc.


Official website here: www.kelley.iu.edu/programs/executive-education

What is the revenue of Kelley Executive Education Foundation Inc?

Kelley Executive Education Foundation Inc's revenue in 2022 was $5,994,772.


Official website here: www.kelley.iu.edu/programs/executive-education

Who are the executives of Kelley Executive Education Foundation Inc and what are their salaries?

The average compensation at Kelley Executive Education Foundation Inc during 2022 was $73,154. There are 10 employees at Kelley Executive Education Foundation Inc.


Here are 10 key members and their salaries:


Richard Magjuka (Director)
  • Compensation: $78,230
  • Related: $225,948
  • Other: $0
Sreenivas Kamma (Director)
  • Compensation: $52,700
  • Related: $248,400
  • Other: $0
Daniel Smith (Director)
  • Compensation: $1,000
  • Related: $356,463
  • Other: $0
Idalene Kesner (Chair)
  • Compensation: $0
  • Related: $446,081
  • Other: $0
Laureen Maines (Treasurer)
  • Compensation: $0
  • Related: $386,400
  • Other: $0
Ashok Soni (President)
  • Compensation: $0
  • Related: $337,800
  • Other: $0
Tim Fort (Director)
  • Compensation: $0
  • Related: $240,380
  • Other: $0
Teresa Kase (Secretary)
  • Compensation: $0
  • Related: $207,286
  • Other: $0
Christan Royer (Director)
  • Compensation: $0
  • Related: $110,770
  • Other: $0
Ron Thomas (Executive Director)
  • Compensation: $196,323
  • Related: $0
  • Other: $44,450


Official website here: www.kelley.iu.edu/programs/executive-education

Where can I find the form 990 for Kelley Executive Education Foundation Inc?

Kelley Executive Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kelley.iu.edu/programs/executive-education

Learn more at the official website: www.kelley.iu.edu/programs/executive-education

Mission Statement of Kelley Executive Education Foundation Inc

Kelley Executive Education Foundation Inc, a distinguished entity in the realm of executive development, is dedicated to providing top-tier learning experiences that aim to enhance the strategic, organizational, and competitive capabilities of organizations worldwide. The foundation's mission is to empower organizations globally, helping them to improve their overall performance and sustainability. By offering world-class executive education programs, Kelley Executive Education Foundation Inc strives to develop the leadership competencies of the individuals within these organizations, thereby fostering a culture of growth and excellence. The foundation's commitment to this mission aligns with the reputation of the Indiana University Kelley School of Business, one of the country's leading business schools, from which it originates.

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Impact




October, 2024

Kelley Executive Education Foundation Inc makes a significant impact by delivering world-class executive development experiences aimed at enhancing the strategic, organizational, and competitive capabilities of organizations worldwide. Through its affiliation with the prestigious Indiana University Kelley School of Business, it offers tailored programs that equip professionals with essential leadership competencies.

The foundation focuses on fostering a deep understanding of contemporary business challenges, thereby enabling leaders to navigate complex environments and drive their organizations toward greater success. By shaping the next generation of leaders and enhancing the capabilities of organizations, Kelley Executive Education contributes to the advancement of industries on a global scale, ensuring that participants leave with actionable insights and practical skills that translate into real-world results.

Overall, its commitment to excellence in executive education not only benefits individual participants but also bolsters the strategic positioning of the organizations they serve, creating a ripple effect that enhances competitive advantage in the marketplace.




This information is meant to be a general summary of Kelley Executive Education Foundation 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.

Revenue
$5,994,772 (2022)
Expenses
$5,924,458 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $607
  • Program Service Revenue: $5,816,218
  • Gross Receipts: $5,994,772

Assets and Liabilities:

  • Total Assets: $1,487,006
  • Total Liabilities: $1,140,444
  • Net Assets: $346,562

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Programs

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

EXECUTIVE DEVELOPMENT

Revenue

$5,816,218

Organization Details

Founding Year

2009

Principal Officer

Laureen A Maines

Main Address

1275 EAST 10TH STREET, BLOOMINGTON, IN, 47405

NTEE Category

Code: B60 - Education

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