Overview
What is The Business Council Inc?
The Business Council Inc, situated in Washington D.C., is an exclusive, invitation-only organization with a limited membership of 250 CEOs. This global nonprofit serves as a platform for its members to connect, share best practices, and engage in thought-provoking discussions with industry leaders, policymakers, academics, and experts in various fields. The organization's primary purpose is to promote understanding of public policy issues and create solutions, focusing on the major opportunities and challenges facing businesses across various sectors. The Council fosters a collaborative environment, allowing members to learn from one another and develop innovative solutions to common challenges. With a modest workforce of four individuals, The Business Council Inc continues to play a significant role in shaping the business landscape.
Official website here: www.thebusinesscouncil.org
Is The Business Council Inc legitimate?
The Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Business Council 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: $615,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,944
For more financial information, click here
Official website here: www.thebusinesscouncil.org
What is the mission statement of The Business Council Inc?
The Business Council Inc is a global organization led by CEOs of major multinational corporations, aiming to foster a deeper understanding of the opportunities and challenges facing businesses across various sectors. Their primary purpose is to share best practices and develop solutions through discussions among their members. The council strives to promote understanding of public policy issues and create solutions that contribute to the betterment of businesses worldwide.
Official website here: www.thebusinesscouncil.org
Who is the CEO of The Business Council Inc?
Marlene Colucci is the CEO of The Business Council Inc The CEO's salary of The Business Council Inc is $503,951 and their total compensation is $615,377.
Official website here: www.thebusinesscouncil.org
What is the revenue of The Business Council Inc?
The Business Council Inc's revenue in 2023 was $6,957,909.
Official website here: www.thebusinesscouncil.org
Who are the executives of The Business Council Inc and what are their salaries?
The average compensation at The Business Council Inc during 2023 was $237,080. There are 4 employees and 22 volunteers at The Business Council Inc.
Here are 25 key members and their salaries (The Business Council Inc's CEO's salary is $503,951 and their total compensation is $615,377):
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- Other: $28,042
Official website here: www.thebusinesscouncil.org
Where can I find the form 990 for The Business Council Inc?
The Business Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thebusinesscouncil.org
Learn more at the official website: www.thebusinesscouncil.org
Mission Statement of The Business Council Inc
The Business Council Inc, a global organization led by CEOs of major multinational corporations across various sectors, is dedicated to fostering a deeper understanding of the significant opportunities and challenges facing businesses. Their primary mission is to share best practices and develop solutions through open dialogue among their members. This organization serves as a platform for its members to engage in meaningful discussions, thereby contributing to the creation of innovative strategies and informed decision-making in the business world.
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Impact
October, 2024
The Business Council Inc significantly influences the landscape of public policy and business collaboration. By bringing together a select group of up to 250 CEOs from the world's largest multinational corporations, the organization fosters an environment of shared insights and collaborative problem-solving. Members engage in off-the-record discussions that allow for candid exchanges about pressing business challenges and opportunities.
This networking platform enables leaders from diverse sectors—business, government, academia, science, and technology—to connect and share best practices. The Council fosters a deeper understanding of complex public policy issues and cultivates strategies that can lead to impactful solutions. Through regular gatherings and discussions, the organization plays a crucial role in shaping thought leadership within the business community, ultimately driving community improvement and economic development.
This information is meant to be a general summary of The Business Council 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: $597,566
- Program Service Revenue: $6,392,434
- Gross Receipts: $8,211,404
Assets and Liabilities:
- Total Assets: $17,841,800
- Total Liabilities: $17,523
- Net Assets: $17,824,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$6,392,434
Organization Details
Founding Year
1961
Principal Officer
Marlene Colucci
Website
www.thebusinesscouncil.orgNTEE Category
Code: S41 - Community improvement
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