Overview
What is Institute For Defense And Business?
The Institute for Defense and Business (IDB) is a nonprofit organization situated in Chapel Hill, North Carolina. Its primary objective is to enhance the functional areas of the Department of Defense and military services, as well as other government operations, by leveraging expertise from various sectors globally. IDB accomplishes this through strategic broadening seminars, designed to broaden the perspectives and hone the leadership skills of company-grade officers, warrant officers, and senior non-commissioned officers. These seminars expose participants to strategic areas of study, introduce non-U.S. military perspectives, and prepare them for operating in an uncertain future. IDB offers industry-based broadening programs, which integrate business examples into the military sector, and includes specialized visits with industries, supplemented by academic sessions and group work. In 2022, the Institute ran the Industry-Based Broadening-Logistics (IB2LOG) program twice, with 59 participants, and the Industry-Based Broadening-Information Environment (IB2IE) once, with 12 participants. Additionally, IDB provides an intensive educational and experiential learning opportunity for U.S. Army students through the Dense Urban Studies Strategic Broadening Seminar. This program, delivered twice in 2022 with a total of 60 participants, allows students to explore and understand the critical infrastructure, urban geography, and culture of dense urban areas. In summary, the Institute for Defense and Business serves as a platform for fostering collaboration and innovation by bringing together government, private sector, and academic experts to improve and develop various functional areas.
Official website here: www.idb.org
Is Institute For Defense And Business legitimate?
Institute For Defense And Business is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Defense And Business 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.
Here are some key statistics you may want to consider:
Executive Compensation: $714,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $891,119
For more financial information, click here
What is the mission statement of Institute For Defense And Business?
The Institute for Defense and Business (IDB) aims to advance the business functional areas of the Department of Defense and military services, as well as other governmental operations, by facilitating collaborations between government entities, the private sector, and academic experts from around the world. To fulfill its exempt purposes, IDB encourages intellectual exchanges in an academic setting among the U.S. Department of Defense, other government organizations, and the private sector. This organization delivers educational and research programs that stimulate innovative ideas and foster collaboration, aiming to achieve excellence and drive innovation.
Official website here: www.idb.org
Who is the CEO of Institute For Defense And Business?
William Mark Faulkner is the President And Director of Institute For Defense And Business.
Official website here: www.idb.org
What is the revenue of Institute For Defense And Business?
Institute For Defense And Business's revenue in 2022 was $4,819,613.
Official website here: www.idb.org
Who are the executives of Institute For Defense And Business and what are their salaries?
The average compensation at Institute For Defense And Business during 2022 was $59,482. There are 27 employees and 9 volunteers at Institute For Defense And Business.
Here are 17 key members and their salaries:
- W Mark Faulkner (President And Director)
- Arthur T Sturgeon Jr (Program Director)
- Michael Bogdahn (Senior Client Relations Director)
- Van W Noah (Program Director And Assistant Treasurer)
- Andrea L Carpenter (Vice President, Finance And Administration And Ass)
- Ted A Brewer (Senior Vice President And Executive Secretary)
- Ronald W Mann Jr (Operations Manager)
- Zebrina L Warner (Program Director And Assistant Secretary)
- Thomas W Bradshaw Jr (Chairman And Director)
- William E Mortensen (Former Vice Chairman And Director)
- Roger L Perry Jr (Treasurer And Director)
- Judith A Fedder (Vice Chairwoman And Director)
- William B Fields Ii (Director)
- Walter E Gaskin (Director)
- Michael W Kuhn (Director)
- Robert E Love (Director)
- Raymond V Mason (Director)
Official website here: www.idb.org
Where can I find the form 990 for Institute For Defense And Business?
The Institute For Defense And Business’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.idb.org
Learn more at the official website: www.idb.org
Mission Statement of Institute For Defense And Business
The Institute for Defense and Business, a nonprofit organization, is committed to bridging the gap between government, private sector, and academic institutions. Its mission is to enhance the operational efficiency of the Department of Defense and military services, as well as other government functions, by fostering collaborative exchanges. This is achieved through an academic setting, where the U.S. Department of Defense, other government organizations, and the private sector engage in stimulating dialogues and educational programs. The Institute for Defense and Business aims to promote collaboration, excellence, and innovation, ultimately contributing to the betterment of these sectors.
Impact
This information is meant to be a general summary of Institute For Defense And Business. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Institute For Defense And Business (IDB) is making a significant impact by bringing together government, private sector, and academic expertise to enhance the business functional areas of the Department of Defense and military services. Through its Strategic Broadening Seminars, IDB exposes participants to strategic areas of study, expands their perspectives, hones leadership skills, and prepares them to operate effectively in an uncertain future.
The Industry Based Broadening (IB2) programs offered by IDB facilitate the transfer of business examples into the military through targeted visits with industry, supplemented by academic sessions and group work. For example, the Industry Based Broadening-Logistics (IB2LOG) program has had 59 total participants in 2022, while the Industry Based Broadening-Information Environment (IB2IE) program had 12 participants. Additionally, the IDB Dense Urban Studies Strategic Broadening Seminar provides an intensive educational and experiential learning opportunity for U.S. Army students to explore dense urban areas.
By fostering shoulder-to-shoulder exchanges among the U.S. Department of Defense, other government organizations, and the private sector, IDB delivers education and research programs that stimulate ideas, promote collaboration, and drive excellence and innovation. This work plays a crucial role in enhancing the capabilities and effectiveness of the defense and governmental operations, ultimately benefiting the public.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$4,686,712
Organization Details
Founding Year
1997
Phone
(919) 969-8008
Principal Officer
William Mark Faulkner
Main Address
1445 ENVIRON WAY, CHAPEL HILL, NC, 27517
Website
www.idb.org
NTEE Category
Code: W054 - Public benefit
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