Education Development Center Inc

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

EIN: 042241718 ✦ Waltham, MA ✦ Designated as a 501(c)(3)

Overview

What is Education Development Center Inc?

The Education Development Center Inc, based in Waltham, Massachusetts, is a renowned global nonprofit organization that has been improving education, promoting health, and expanding economic opportunities since 1958. With a workforce of 693 employees, EDC operates in various regions, including Africa, Asia, Latin America, the Middle East, the US, Canada, Tribal Nations, and Europe. Their multifaceted approach includes behavioral, physical, and mental health; capacity building for individuals, organizations, and systems; early childhood development and learning; elementary and secondary education; HIV and sexual and reproductive health; opioid and substance misuse prevention; out-of-school learning; STEM; suicide, violence, and injury prevention; and youth and workforce development. The organization provides services such as EDC Solutions, design and development, evaluation, implementation, and policy and research. In recent years, EDC has launched several initiatives, including Our World Our Work, a mental health curriculum, an early grade science initiative, and a comprehensive 'moonshot' initiative to place 1 million youth in green and blue jobs over the next 10 years. Their programs have made a significant impact on the lives of over 1 million children and youth in various countries, improving access to education and skills training, and reducing vulnerability to crises and conflicts.


Official website here: www.edc.org

Is Education Development Center Inc legitimate?

Education Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Development Center 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.

Here are some key statistics you may want to consider:

Executive Compensation: $3,663,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,189,970

For more financial information, click here


Official website here: www.edc.org

What is the mission statement of Education Development Center Inc?

The Education Development Center, Inc. (EDC) is a global nonprofit organization dedicated to advancing lasting solutions to improve education, promote health, and expand economic opportunities. Established in 1958, EDC has been a pioneer in designing, implementing, and evaluating powerful and innovative programs in over 80 countries around the world. Their mission is to create a positive impact in various sectors such as Behavioral, Physical, and Mental Health; Capacity Building for Individuals, Organizations, and Systems; Early Childhood Development and Learning; Elementary Basic and Secondary Education; HIV and Sexual and Reproductive Health; Opioid and Other Substance Misuse Prevention; Out-of-School Learning; STEM; Suicide, Violence, and Injury Prevention; and Youth and Workforce Development. EDC provides services like EDC Solutions, Design and development, Evaluation, Implementation, and Policy and Research. Their programs aim to address the pressing development challenges in health, education, and youth employment. In 2022, they began new initiatives including Our World Our Work, a Mental Health Curriculum, and an Early Grade Science initiative. They also developed the Future Proof Skills curriculum to equip post-secondary students with essential skills for the future of work and life.


Official website here: www.edc.org

Who is the CEO of Education Development Center Inc?

Liesbet Steer is the Principal Officer of Education Development Center Inc.


Official website here: www.edc.org

What is the revenue of Education Development Center Inc?

Education Development Center Inc's revenue in 2022 was $186,746,637.


Official website here: www.edc.org

Who are the executives of Education Development Center Inc and what are their salaries?

The average compensation at Education Development Center Inc during 2022 was $99,356. There are 693 employees at Education Development Center Inc.

Here are 34 key members and their salaries:

    David Offensend (President And C.E.O.) [Trustee/Director]
  • Compensation: $416,653
  • Related: $0
  • Other: $26,349

    • Cheryl Hoffmann-Bray (C.F.O., C.C.O., Sr. V.P.,Treasurer)
  • Compensation: $317,928
  • Related: $0
  • Other: $61,475

    • Suzanne Reier (Chief Of Party)
  • Compensation: $305,119
  • Related: $0
  • Other: $39,386

    • Cindy Taylor (Sr. V.P. U.S. Division)
  • Compensation: $288,788
  • Related: $0
  • Other: $54,649

    • Nancy Devine (Sr. V.P., International Development Division)
  • Compensation: $284,139
  • Related: $0
  • Other: $55,289

    • Siobhan Murphy (Sr. V.P., C.O.O.)
  • Compensation: $294,450
  • Related: $0
  • Other: $40,247

    • Alfred Schulz (Deputy Chief Of Party Finance And Operations)
  • Compensation: $289,526
  • Related: $0
  • Other: $38,900

    • Christine Filosa (Sr. V.P., General Counsel, Corporate Secretary)
  • Compensation: $254,720
  • Related: $0
  • Other: $50,962

    • Shelley Pasnik (Senior Vice President)
  • Compensation: $254,590
  • Related: $0
  • Other: $50,810

    • Rebecca Stoeckle (Senior Vice President)
  • Compensation: $230,040
  • Related: $0
  • Other: $47,772

    • Byron Cortez (Vice President, Chief Human Resources Officer Retired)
  • Compensation: $218,530
  • Related: $0
  • Other: $24,271

    • Sarita Pillai (Chief Equity, Diversity And Inclusion Officer)
  • Compensation: $173,477
  • Related: $0
  • Other: $41,632

    • Kate Hughes (Director & Interim Chief Human Resources Officer)
  • Compensation: $161,573
  • Related: $0
  • Other: $40,514

    • Robert Spielvogel Ret Partial Year (V.P., Chief Technology Officer)
  • Compensation: $174,427
  • Related: $0
  • Other: $19,947

    • Anne Bryant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beatriz Clewell (Trustee, Emeritus (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Codding (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Hofmann (Trustee, Emeritus, Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vijay Kumar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Macarthur (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nyagaka Ongeri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Peirce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Roberts (Trustee, Emeritus (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vivien Stewart (Trustee, Emeritus, Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Wickes (Trustee, Emeritus, Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ciara Burnham (Trustee, Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Byer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Daro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Garth Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iqbal Mamdani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabelle Hau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darshak Shah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Massey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.edc.org

    Where can I find the form 990 for Education Development Center Inc?

    The Education Development Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.edc.org

    Learn more at the official website: www.edc.org

    Mission Statement of Education Development Center Inc

    Education Development Center, Inc. (EDC), a global nonprofit organization based on a mission to advance lasting solutions, has been leading the way in designing, implementing, and evaluating powerful and innovative programs in over 80 countries since 1958. Dedicated to improving education, promoting health, and expanding economic opportunity worldwide, EDC's activities span various sectors including Behavioral, Physical, and Mental Health; Capacity Building for Individuals, Organizations, and Systems; Early Childhood Development and Learning; Elementary and Secondary Education; HIV and Sexual and Reproductive Health; Opioid and Other Substance Misuse Prevention; Out-of-School Learning; STEM; Suicide, Violence, and Injury Prevention; and Youth and Workforce Development. Through its services such as EDC Solutions, Design and development, Evaluation, Implementation, and Policy and Research, this organization strives to make a positive impact on the lives of people around the world.

    Impact

    This information is meant to be a general summary of Education Development Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Education Development Center Inc's impact is far-reaching and multifaceted. Through its diverse programs and initiatives, EDC has significantly contributed to improving education, promoting health, and expanding economic opportunities globally. From advancing early childhood development and basic education to addressing critical issues like HIV prevention and youth workforce development, EDC's work has touched the lives of millions of individuals in over 80 countries.

    Specifically, EDC has played a crucial role in enhancing youth workforce development through initiatives like the Blue Green Moonshot initiative, aiming to place 1 million youth in green and blue jobs over the next decade. Additionally, EDC's efforts in developing the Future Proof Skills Curriculum ensure that post-secondary students are equipped with the necessary skills to thrive in a rapidly changing world.

    Moreover, EDC's focus on mental health curriculum development, community engagement in education, and response to crises and conflicts has made a tangible impact on vulnerable populations. Whether it's supporting out-of-school reading programs in Honduras or providing skills training for youth affected by conflict in the Democratic Republic of the Congo, EDC's work has brought about positive change and empowerment to individuals and communities.

    Overall, Education Development Center Inc's commitment to innovation, collaboration, and sustainability has positioned it as a key player in the global development landscape, making a lasting difference in the lives of diverse populations around the world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $182,384
  • Program Service Revenue: $1,166,491
  • Gross Receipts: $186,746,637

    • Assets and Liabilities:
  • Total Assets: $79,029,805
  • Total Liabilities: $36,150,460
  • Net Assets: $42,879,345
  • Programs

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

    Program fees

    Revenue

    $1,057,349

    Royalties

    Revenue

    $109,142

    Organization Details

    Founding Year

    1958

    Principal Officer

    Liesbet Steer

    Main Address

    300 Fifth Avenue Suite 2010, Waltham, MA, 02451

    NTEE Category

    Code: B05 - Education

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