Nonprofit · EIN 42-1672476
DUKE CORPORATE EDUCATION
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $33,688,688 | $31,654,124 | $2,034,564 | $37,288,313 | $8,110,985 | $29,177,328 |
| June 30, 2024 | 990 | $32,787,200 | $29,040,594 | $3,746,606 | $35,489,014 | $7,925,379 | $27,563,635 |
| June 30, 2023 | 990 | $31,490,601 | $29,340,962 | $2,149,639 | $33,489,038 | $10,608,582 | $22,880,456 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $31,482,602
- Investment income
- $402,360
- Net rental income
- -$75,552
- Other revenue
- $1,803,726
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $957,843
- Other salaries and wages
- $6,294,565
- Salaries, compensation and benefits (total)
- $9,194,942
- Professional fundraising fees
- $0
- Legal fees
- $181,817
- Accounting fees
- $369,135
- Occupancy
- $505,078
- Travel
- $2,358,234
- Depreciation
- $96,171
- Program services (functional)
- $26,787,630
- Management and general (functional)
- $4,866,494
Balance sheet and other
- Total assets, start of year
- $35,489,014
- Total assets, end of year
- $37,288,313
- Total liabilities, end of year
- $8,110,985
- Net assets, end of year
- $29,177,328
- Land, buildings and equipment
- $256,944
- Net assets without donor restrictions
- $29,177,328
- Gross receipts
- $34,296,173
- Employees
- 66
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,464,086 | $73,368 |
| ALEC D GALLIMORE | DIRECTOR/VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $1,135,366 | $76,763 |
| WILLIAM BOULDING | DIRECTOR/CHAIRMAN - THRU 9/24/24 Trustee or director, Officer | 1 | $0 | $874,117 | $59,578 |
| MARY LUCE | DIRECTOR/CHAIRMAN - FROM 9/24/24 Trustee or director, Officer | 0.1 | $0 | $816,954 | $96,655 |
| THAYANAYAGEE CHETTY | DIRECTOR/CEO Trustee or director, Officer | 2 | $0 | $677,204 | $86,597 |
| VISHAL PATEL | PRESIDENT GLOBAL MARKETS Highest-paid employee | 40 | $638,257 | $0 | $24,791 |
| PAUL MATHEWS | CFO Officer | 40 | $353,976 | $0 | $40,946 |
| DAVID WELSH | REGIONAL MANAGING DIRECTOR Highest-paid employee | 40 | $332,835 | $0 | $41,000 |
| BARBARA FRICK | SECRETARY/DIR. OF REG. COM Officer | 40 | $234,001 | $0 | $53,801 |
| CHRISTINE ROBERS | CMO Officer | 40 | $266,808 | $0 | $19,320 |
| PRAKASH RADHAKEESOON | MANAGING DIRECTOR Highest-paid employee | 40 | $228,891 | $0 | $37,371 |
| MICHAEL A CHAVEZ JR | FORMER DIRECTOR/CEO Former | 40 | $226,616 | $0 | $20,290 |
| KEVIN MAUGHAN | DIRECTOR, IT GLOBAL Highest-paid employee | 40 | $205,662 | $0 | $33,041 |
| JASON KULASINGAM | MANAGING DIRECTOR Highest-paid employee | 40 | $224,128 | $0 | $10,036 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,352,969 | $74,880 |
| WILLIAM BOULDING | DIRECTOR/CHAIRMAN Trustee or director, Officer | 1 | $0 | $839,376 | $56,518 |
| ALEC D GALLIMORE | DIRECTOR Trustee or director | 0.1 | $0 | $603,390 | $58,837 |
| THAYANAYAGEE CHETTY | DIRECTOR/CEO Trustee or director, Officer | 2 | $0 | $482,984 | $78,777 |
| VISHAL PATEL | PRESIDENT GLOBAL MARKETS Highest-paid employee | 40 | $494,013 | $0 | $23,689 |
| MICHAEL A CHAVEZ JR | FORMER DIRECTOR/CEO Former | 40 | $409,574 | $0 | $27,439 |
| PAUL MATHEWS | CFO Officer | 40 | $343,158 | $0 | $39,659 |
| DAVID WELSH | REGIONAL MANAGING DIRECTOR Highest-paid employee | 40 | $322,435 | $0 | $39,652 |
| CHRISTINE ROBERS | CMO Officer | 40 | $257,888 | $0 | $19,183 |
| PRAKASH RADHAKEESOON | MANAGING DIRECTOR Highest-paid employee | 40 | $222,738 | $0 | $33,478 |
| BARBARA FRICK | SECRETARY/DIR. OF REG. COM Officer | 40 | $226,150 | $0 | $28,811 |
| KEVIN MAUGHAN | DIRECTOR OF INFORMATION TECHNOLOGY Highest-paid employee | 40 | $200,681 | $0 | $31,672 |
| JASON KULASINGAM | MANAGING DIRECTOR Highest-paid employee | 40 | $218,750 | $0 | $9,036 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANIEL G ENNIS | DIRECTOR Trustee or director | 0.1 | $0 | $1,287,344 | $69,119 |
| SALLY KORNBLUTH | DIRECTOR Trustee or director | 0.1 | $0 | $976,169 | $49,629 |
| WILLIAM BOULDING | DIRECTOR/CHAIRMAN Trustee or director, Officer | 2 | $0 | $802,456 | $52,435 |
| THAYANAYAGEE CHETTY | DIRECTOR/CEO Trustee or director, Officer | 2 | $0 | $494,300 | $95,224 |
| VISHAL PATEL | PRESIDENT GLOBAL MARKETS Highest-paid employee | 40 | $561,068 | $0 | $27,100 |
| MICHAEL A CHAVEZ JR | FORMER DIRECTOR/CEO Former | 40 | $409,558 | $0 | $27,100 |
| PAUL MATHEWS | CFO Officer | 40 | $375,317 | $0 | $37,728 |
| DAVID WELSH | REGIONAL MANAGING DIRECTOR Highest-paid employee | 40 | $356,315 | $0 | $39,552 |
| ED BARROWS | MANAGING DIRECTOR Highest-paid employee | 40 | $267,973 | $0 | $23,724 |
| CHRISTINE ROBERS | CMO Officer | 40 | $257,067 | $0 | $21,256 |
| BARBARA FRICK | SECRETARY/DIR. OF REG. COM Officer | 40 | $223,629 | $0 | $28,668 |
| PRAKASH RADHAKEESOON | MANAGING DIRECTOR Highest-paid employee | 40 | $212,515 | $0 | $32,697 |
| JASON KULASINGAM | MANAGING DIRECTOR Highest-paid employee | 40 | $222,163 | $0 | $8,697 |
Address and contacts
- Address (IRS master file)
- 310 BLACKWELL ST, DURHAM, NC 27701-3611
- In care of
- % BARBARA M FRICK
- Principal officer (990 for 2024)
- BARBARA FRICK, 310 BLACKWELL STREET, DURHAM, NC 27701
- Signed the 990
- BARBARA FRICK, SEC/DIR OF REG COMP
- Phone
- (919) 680-5000
- Website
- WWW.DUKECE.COM
- Return prepared by
- KPMG LLP
Mission
THE PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE FOR SCIENTIFIC, EDUCATIONAL, LITERARY AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (HEREINAFTER THE "CODE"), AND FOR THE SPECIFIC AND EXCLUSIVE PURPOSE OF THE PROMOTION OF THE WELFARE OF DUKE UNIVERSITY (OR ANY OF DUKE UNIVERSITY'S SUPPORT OR AFFILIATED CORPORATIONS); AND TO ACQUIRE, RETAIN AND OPERATE PROPERTY OR PROPERTIES, REAL OR PERSONAL, TANGIBLE OR INTANGIBLE, TO BE HELD EXCLUSIVELY FOR THE BENEFIT OR AT THE DIRECTION OF DUKE UNIVERSITY (OR ANY OF DUKE UNIVERSITY'S SUPPORT OR AFFILIATED CORPORATIONS); AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE NONPROFITCORPORATION ACT OF NORTH CAROLINA. DUKE UNIVERSITY IS A NORTH CAROLINA CORPORATION WHICH IS AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE CODE.
Program accomplishments
- SEE SCHEDULE ODUKE CORPORATE EDUCATION IS A GLOBAL PROVIDER OF CUSTOM CORPORATE EDUCATION SERVICES THAT HELPS ORGANIZATIONS ADDRESS THEIR BUSINESS CHALLENGES. THE ORGANIZATION WAS CREATED TO PROVIDE INTENSIVELY CUSTOMIZED CORPORATE EDUCATION SERVICES FOCUSED ON ADDRESSING BUSINESS CHALLENGES. THE ORGANIZATION'S CLIENTS TEND TO BE LARGE GLOBAL ENTERPRISES. THE ORGANIZATION HELPS ITS CLIENTS IMPLEMENT THEIR STRATEGY THROUGH DEVELOPMENT OF THEIR PEOPLE. THE ORGANIZATION FOCUSES EDUCATION ON WHAT THE CLIENT'S PEOPLE NEED TO KNOW, DO AND BELIEVE IN ORDER TO ADDRESS CURRENT OR ANTICIPATED CHALLENGES, AND ATTAIN SPECIFIC BUSINESS OBJECTIVES. THE ORGANIZATION DIFFERS FROM A TRADITIONAL BUSINESS SCHOOL OR PROFESSIONAL SERVICES FIRM IN THAT THE ORGANIZATION IS NOT DEPENDENT ON THE ORGANIZATION'S OR THE UNIVERSITY'S FACULTY. TO MEET THE BROAD RANGE OF NEEDS THE ORGANIZATION'S CLIENTS BRING TO IT, THE ORGANIZATION DRAWS ON QUALITY FACULTY FROM NUMEROUS BUSINESS SCHOOLS. THE ORGANIZATION ALSO LEVERAGES NON-FACULTY EDUCATORS SUCH AS COACHES, FACILITATORS, INDUSTRY EXPERTS, RETIRED EXECUTIVES, ACTORS AND OTHERS COMMITTED TO HIGH QUALITY CUSTOMIZED EDUCATION. THE ORGANIZATION CAN DELIVER SMALL OR VERY LARGE SCALE PROGRAMS, IN MANY ITERATIONS, IN SEVERAL LANGUAGES, COVERING A FEW TO THOUSANDS OF PARTICIPANTS, WITH COMPLEX LOGISTICAL REQUIREMENTS, ANYWHERE IN THE WORLD. THE ORGANIZATION USES ITS GLOBAL LEARNING RESOURCE NETWORK AND ITS AFFILIATIONS WITH UNIVERSITIES TO PROVIDE ITS CLIENTS A LOCAL DELIVERABLE WITH GLOBAL CONSISTENCY.Expenses $26,787,630 · revenue $33,361,880
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1672476
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $37,288,313
- Income (IRS master file)
- $34,296,173
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $33,688,688 | $31,654,124 | $37,288,313 | IRS |
| 990 | June 2024 | $32,787,200 | $29,040,594 | $35,489,014 | IRS |
| 990 | June 2023 | $31,490,601 | $29,340,962 | $33,489,038 | XML |
| 990 | June 2022 | $30,074,065 | $25,949,343 | $33,808,412 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1672476).
Questions about DUKE CORPORATE EDUCATION
- What is the EIN of DUKE CORPORATE EDUCATION?
- The employer identification number (EIN) of DUKE CORPORATE EDUCATION is 42-1672476.
- Is DUKE CORPORATE EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DUKE CORPORATE EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DUKE CORPORATE EDUCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DUKE CORPORATE EDUCATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DUKE CORPORATE EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DUKE CORPORATE EDUCATION?
- The 990 for the year ended June 30, 2025 names BARBARA FRICK.
- Who are the officers and directors of DUKE CORPORATE EDUCATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 9 received compensation from the organization.
- How much revenue does DUKE CORPORATE EDUCATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $33,688,688, expenses of $31,654,124 and total assets of $37,288,313 at year end.
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