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Duke Corporate Education

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

EIN: 421672476 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Duke Corporate Education?

Duke Corporate Education is a global nonprofit organization based in Durham, North Carolina, with an address at 310 Blackwell Street, 27701. The organization specializes in providing customized corporate education services for businesses, helping them address their unique challenges. With a focus on implementing strategies through the development of employees, Duke Corporate Education differentiates itself from traditional business schools by utilizing a diverse range of educators, including faculty from various business schools, coaches, facilitators, industry experts, and retired executives. This flexible approach enables the organization to cater to a wide range of clients' needs, delivering small to large-scale programs, in multiple languages, for thousands of participants, with complex logistical requirements anywhere in the world. The organization's mission aligns with Duke University's educational objectives and is formed for scientific, educational, literary, and charitable purposes, as outlined in Section 501(c)(3) of the Internal Revenue Code.


Official website here: www.dukece.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Duke Corporate Education has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based solely on the organization's Accountability & Finance metrics, indicating strong financial health and operational integrity. The nonprofit effectively adheres to best practices in financial management, showcasing a commitment to transparency and responsible stewardship of its resources.

The charity demonstrates exceptional performance in key areas such as financial statements, with a perfect score in audit practices and no material diversion of assets. It has robust policies in place, including conflict of interest and whistleblower protections, which are essential for maintaining accountability and ethical governance. The low liabilities to assets ratio further emphasizes its sound financial position.

However, while the organization excels in financial responsibilities, the rating's focus on just one category may limit a comprehensive view of its overall impact and effectiveness in fulfilling its mission. Prospective supporters may want to explore additional information about its programs and outcomes to gain a fuller understanding of Duke Corporate Education's contributions to the community.


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

Is Duke Corporate Education legitimate?

Duke Corporate Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duke Corporate Education 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: $1,278,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,205,970

For more financial information, click here


Official website here: www.dukece.com

What is the mission statement of Duke Corporate Education?

Duke Corporate Education is a non-profit organization established for educational purposes, aligning with Duke University's mission. Its primary goal is to support Duke University and its affiliated corporations by providing educational services. The organization is formed under Section 501(c)(3) of the Internal Revenue Code for scientific, educational, literary, and charitable purposes. Duke Corporate Education operates exclusively for the benefit of Duke University, acquiring and managing property, and engaging in lawful activities. The organization's primary focus is on promoting the welfare of Duke University through education.


Official website here: www.dukece.com

Who is the CEO of Duke Corporate Education?

Barbara Frick is the Director/Ceo End. 10.3.21 of Duke Corporate Education. The CEO's salary of Duke Corporate Education is $0 and their total compensation is $158,239.


Official website here: www.dukece.com

What is the revenue of Duke Corporate Education?

Duke Corporate Education's revenue in 2022 was $30,074,065.


Official website here: www.dukece.com

Who are the executives of Duke Corporate Education and what are their salaries?

The average compensation at Duke Corporate Education during 2022 was $133,656. There are 56 employees at Duke Corporate Education.


Here are 13 key members and their salaries (Duke Corporate Education's CEO's salary is $0 and their total compensation is $158,239):


Michael A Chavez Jr (Director/Ceo End. 10.3.21)
  • Compensation: $378,806
  • Related: $0
  • Other: $25,854
Sally Kornbluth (Director)
  • Compensation: $0
  • Related: $1,019,406
  • Other: $47,263
William Boulding (Director/Chairman)
  • Compensation: $0
  • Related: $768,304
  • Other: $50,256
Daniel Ennis (Director)
  • Compensation: $0
  • Related: $1,422,764
  • Other: $68,457
Thayanayagee Chetty (Director/Ceo Beg. 10.3.21)
  • Compensation: $0
  • Related: $133,149
  • Other: $25,090
Paul Mathews (Cfo)
  • Compensation: $270,273
  • Related: $0
  • Other: $37,648
Christine Robers (Cmo)
  • Compensation: $215,096
  • Related: $0
  • Other: $20,059
Barbara Frick (Secretary/Dir. Of Reg. Com)
  • Compensation: $200,070
  • Related: $0
  • Other: $25,294
Vishal Patel (President Global Markets)
  • Compensation: $379,590
  • Related: $0
  • Other: $25,854
David Welsh (Regional Managing Director)
  • Compensation: $269,593
  • Related: $0
  • Other: $36,146
Constance Keys (Managing Director)
  • Compensation: $232,220
  • Related: $0
  • Other: $22,352
Ed Barrows (Managing Director)
  • Compensation: $224,977
  • Related: $0
  • Other: $21,354
Prakash Radhakeesoon (Managing Director)
  • Compensation: $192,274
  • Related: $0
  • Other: $31,308


Official website here: www.dukece.com

Where can I find the form 990 for Duke Corporate Education?

Duke Corporate Education's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dukece.com

Learn more at the official website: www.dukece.com

Mission Statement of Duke Corporate Education

Duke Corporate Education is a nonprofit organization dedicated to providing educational services to corporations in alignment with Duke University's mission. Established for scientific, educational, literary, and charitable purposes, the organization seeks to promote the welfare of Duke University and its affiliated corporations. Duke Corporate Education holds all its properties exclusively for the benefit or at the direction of Duke University or its affiliated corporations. The organization engages in any lawful act or activity as permitted for North Carolina nonprofit corporations. In simple terms, Duke Corporate Education serves as an extension of Duke University, offering educational programs and resources to businesses to further the wider educational mission. Through its various initiatives, the organization helps corporations enhance their workforce capabilities and contributes to the broader societal goal of advancing knowledge and learning.

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Impact




October, 2024

Duke Corporate Education significantly impacts organizations by providing tailored educational services designed to address their unique business challenges. As a global leader in custom corporate education, the organization collaborates with large enterprises to enhance their workforce's capabilities and align them with specific strategic objectives.

By focusing on what employees need to know, do, and believe to overcome current and anticipated challenges, Duke Corporate Education delivers programs that are intricately customized. The flexibility of their offerings allows for a wide range of delivery options—ranging from small workshops to large-scale training initiatives—across multiple languages and locations around the world.

What sets Duke Corporate Education apart from traditional business schools is its ability to leverage a diverse network of high-quality faculty and educators, including coaches, industry experts, and retired executives. This approach ensures that the learning experience is not only practical and applicable but also meets the immediate needs of the client organization.

Ultimately, the impact of Duke Corporate Education is reflected in its clients' enhanced ability to implement strategies effectively, cultivate talent, and drive organizational success in an increasingly complex business environment.




This information is meant to be a general summary of Duke Corporate Education. 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
$30,074,065 (2022)
Expenses
$25,949,343 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $366,173
  • Program Service Revenue: $27,687,903
  • Gross Receipts: $30,396,744

Assets and Liabilities:

  • Total Assets: $33,808,412
  • Total Liabilities: $13,143,078
  • Net Assets: $20,665,334

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Programs

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

DESIGN AND DELIVERY

Revenue

$27,521,092

SUPPORTING SERVICES

Revenue

$166,811

Organization Details

Founding Year

2000

Principal Officer

Barbara Frick

Main Address

310 BLACKWELL STREET, DURHAM, NC, 27701

NTEE Category

Code: B90 - Education

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