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Consortium For Graduate Study In Management

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

EIN: 430962198 ✦ Chesterfield, MO ✦ Designated as a 501(c)(3)

Overview

What is Consortium For Graduate Study In Management?

The Consortium for Graduate Study in Management is a nonprofit organization founded in 1966, located in Chesterfield, Missouri. Its primary objective is to encourage underrepresented minorities and those who share its mission to pursue full-time Master's degrees in Business Administration at one of its 21 affiliated top-tier universities. With approximately 1,100 students annually, the Consortium provides substantial financial support, totaling $52.3 million in 2021, in the form of full fellowships and other gift aid. Its mission is to enhance diversity and inclusion in global business education and leadership by addressing the underrepresentation of African Americans, Hispanic Americans, and Native Americans in both member schools' enrollments and the ranks of management. The Consortium's continuous growth and evolution include a powerful alliance of leading business schools and organizations, supported by an extended network of students and alumni.


Official website here: www.cgsm.org

Is Consortium For Graduate Study In Management legitimate?

Consortium For Graduate Study In Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consortium For Graduate Study In Management 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: $1,058,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $755,243

For more financial information, click here


Official website here: www.cgsm.org

What is the mission statement of Consortium For Graduate Study In Management?

The Consortium for Graduate Study in Management is a dynamic alliance of top graduate business schools and organizations, united by a mission to foster diversity and inclusion in global business education and leadership. Through the power of their expanding alliance and extensive network of students and alumni, they strive to address the under-representation of African Americans, Hispanic Americans, and Native Americans in academic enrollments and management ranks. The Consortium achieves this mission by recruiting qualified U.S. citizens and permanent residents who demonstrate a commitment to their mission and can contribute to their pursuit of a more diverse business landscape. The organization's activities are geared towards enhancing opportunities for underrepresented groups in business education and leadership.


Official website here: www.cgsm.org

Who is the CEO of Consortium For Graduate Study In Management?

Peter J Aranda Iii is the Board Chairman of Consortium For Graduate Study In Management. The CEO's salary of Consortium For Graduate Study In Management is $355,986 and their total compensation is $421,258.


Official website here: www.cgsm.org

What is the revenue of Consortium For Graduate Study In Management?

Consortium For Graduate Study In Management's revenue in 2022 was $57,272,361.


Official website here: www.cgsm.org

Who are the executives of Consortium For Graduate Study In Management and what are their salaries?

The average compensation at Consortium For Graduate Study In Management during 2022 was $78,857. There are 23 employees and 37 volunteers at Consortium For Graduate Study In Management.

Here are 31 key members and their salaries (Consortium For Graduate Study In Management's CEO's salary is $355,986 and their total compensation is $421,258):

    Peter Aranda (Executive Director & Ceo)
  • Compensation: $355,986
  • Related: $0
  • Other: $65,272

    • Janice Wells-White (Vp Of Program Admin)
  • Compensation: $172,393
  • Related: $0
  • Other: $41,066

    • Kimberly Alexander (Vp Of Development)
  • Compensation: $167,166
  • Related: $0
  • Other: $41,083

    • Glenn Wilen (Vp Of Finance & Admin)
  • Compensation: $158,547
  • Related: $0
  • Other: $45,456

    • Vallabh Sambamurthy (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blair Sanford (Board Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elida Bautista (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lina Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kavitha Bindra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crysta Bolton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Briggs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corey Dortch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Holmen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christe Julien (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Kittner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebekah Lewin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prashant Malaviya (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodrigo Malta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Mcmullen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Mitson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Samuels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Naomi Sanchez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Saunders-Cheatham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Schroeder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellee Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Mahendra Gupta (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cgsm.org

    Where can I find the form 990 for Consortium For Graduate Study In Management?

    The Consortium For Graduate Study In Management’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cgsm.org

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

    Mission Statement of Consortium For Graduate Study In Management

    The Consortium For Graduate Study In Management, a dynamic alliance of leading business schools and organizations, is dedicated to enhancing diversity and inclusion in global business education and leadership. With the support of its extensive network of students and alumni, the Consortium aims to address the significant underrepresentation of African Americans, Hispanic Americans, and Native Americans in both its member schools' enrollments and the ranks of management. By recruiting qualified U.S. citizens and permanent residents who share the Consortium's mission, the organization believes it can make a significant impact on this front.

    The Consortium for Graduate Study In Management is a continually growing and evolving alliance, comprised of some of the world's foremost business schools and organizations. Its primary goal is to reduce the underrepresentation of minority groups in business education and leadership positions. The Consortium's mission relies on the collective strength of its growing alliance and extended network to achieve this objective. The organization's unwavering commitment to diversity and inclusion is reflected in its tireless efforts to recruit exceptional students who can contribute to the Consortium's mission and help it reach new heights.

    The Consortium's mission is not just about numbers, but about creating opportunities for individuals from underrepresented backgrounds to access the highest levels of business education and leadership. By providing a platform for these students to thrive, the Consortium is not only making a positive impact on their lives, but also contributing to a more diverse and inclusive business world. The organization's unwavering dedication to its mission serves as a beacon of hope and inspiration, paving the way for a future where everyone has an equal opportunity to succeed.

    Impact

    This information is meant to be a general summary of Consortium For Graduate Study In Management. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Consortium For Graduate Study In Management has a significant impact on enhancing diversity in business education and leadership. Since its inception in 1966, the Consortium's principal objective has been to encourage underrepresented minorities and those who support their mission to pursue Master's degrees in Business Administration at member schools' full-time MBA programs. With 21 top-tier universities and approximately 1100 students annually eligible for full fellowships or other gift aid, the Consortium provides substantial support to aspiring business leaders. In 2021, the 2021/2022 classes were provided $52.3 million in support, highlighting the organization's commitment to fostering diversity and inclusion in global business education and leadership. Through its growing alliance and extended network of students and alumni, the Consortium strives to reduce the underrepresentation of African Americans, Hispanic Americans, and Native Americans in business education and management ranks. By recruiting qualified U.S. citizens and permanent residents who demonstrate a commitment to the Consortium's mission, the organization plays a vital role in promoting diversity and ensuring a more inclusive future for business leadership.





    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: $145,963
  • Program Service Revenue: $55,890,015
  • Gross Receipts: $57,273,110

    • Assets and Liabilities:
  • Total Assets: $9,583,885
  • Total Liabilities: $2,206,307
  • Net Assets: $7,377,578
  • Programs

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

    TUITION REMISSIONS

    Revenue

    $52,309,382

    NEW SCHOOLS/CORP PA

    Revenue

    $2,537,787

    ORIENTATION PROGRAM RE

    Revenue

    $830,686

    APPLICATION FEES

    Revenue

    $212,160

    Organization Details

    Founding Year

    1971

    Principal Officer

    Peter J Aranda Iii

    Main Address

    229 CHESTERFIELD BUSINESS PARKWAY, CHESTERFIELD, MO, 63005

    NTEE Category

    Code: B90 - Education

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