Nonprofit · EIN 13-6159699
HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,359,753 | $1,295,817 | $63,936 | $2,810,587 | $162,078 | $2,648,509 |
| June 30, 2024 | 990 | $1,301,634 | $1,147,062 | $154,572 | $2,719,915 | $135,342 | $2,584,573 |
| June 30, 2023 | 990 | $1,135,606 | $1,086,381 | $49,225 | $2,525,234 | $93,880 | $2,431,354 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,152,256
- Membership dues
- $88,621
- Program service revenue
- $91,019
- Investment income
- $116,478
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $155,000
- Compensation of officers, directors and key employees
- $174,284
- Other salaries and wages
- $359,153
- Salaries, compensation and benefits (total)
- $689,706
- Professional fundraising fees
- $0
- Accounting fees
- $16,145
- Occupancy
- $40,389
- Travel
- $36,511
- Program services (functional)
- $920,130
- Management and general (functional)
- $325,691
- Fundraising (functional)
- $49,996
Balance sheet and other
- Total assets, start of year
- $2,719,915
- Total assets, end of year
- $2,810,587
- Total liabilities, end of year
- $162,078
- Net assets, end of year
- $2,648,509
- Publicly traded securities
- $2,433,627
- Net assets without donor restrictions
- $2,648,509
- Gross receipts
- $1,752,810
- Employees
- 8
- Volunteers
- 300
- Year formed
- 1962
- State of legal domicile
- NY
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 | Other / benefits |
|---|---|---|---|---|
| Maureen A Friar | Chief of Staff Officer | 40 | $174,284 | $6,707 |
| Calvin Mew PMD | President Trustee or director | 2 | $0 | $0 |
| Deborah Farrington MBA | Director Trustee or director | 2 | $0 | $0 |
| Clare Peeters MBA | Director Trustee or director | 2 | $0 | $0 |
| Jacqueline Adams MBA | Director Trustee or director | 2 | $0 | $0 |
| Katherine Bahamonde Monasebian | Director Trustee or director | 2 | $0 | $0 |
| Todd Benson MBA | Director Trustee or director | 2 | $0 | $0 |
| Dan Biederman MBA | Director Trustee or director | 2 | $0 | $0 |
| Kal Bittianda MBA | Director Trustee or director | 2 | $0 | $0 |
| Tamara Bowens MBA | Director Trustee or director | 2 | $0 | $0 |
| Pamela Chan MBA | Director Trustee or director | 2 | $0 | $0 |
| Andrew Cheskis MBA | Director Trustee or director | 2 | $0 | $0 |
| Hemali Dassani MBA | Director Trustee or director | 2 | $0 | $0 |
| Elisabeth Hair DeMarse MBA | Director Trustee or director | 2 | $0 | $0 |
| Marjorie Federbush AMP | Director Trustee or director | 2 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joel Glasky MBA | Director Trustee or director | 2 | $0 |
| Sejal Shah Gulati MBA | Director Trustee or director | 2 | $0 |
| Leonard Harlan MBA | Director Trustee or director | 2 | $0 |
| Joanna Stone Herman MBA | Director Trustee or director | 2 | $0 |
| Leslie Himmel MBA | Director Trustee or director | 2 | $0 |
| Richard Kane MBA | Director Trustee or director | 2 | $0 |
| Zameer Kassam MBA | Director Trustee or director | 2 | $0 |
| Atul Khanna MBA | Director Trustee or director | 2 | $0 |
| Anand Kini MBA | Director Trustee or director | 2 | $0 |
| Bruce Marcus MBA | Director Trustee or director | 2 | $0 |
| Depelsha McGruder MBA | Director Trustee or director | 2 | $0 |
| Chris Marinak MBA | Director Trustee or director | 2 | $0 |
| Howard Morgan MBA | Director Trustee or director | 2 | $0 |
| Jessica Luterman Naeve MBA | Director Trustee or director | 2 | $0 |
| Edward Olebe MBA | Director Trustee or director | 2 | $0 |
| Kenneth Powell MBA | Director Trustee or director | 2 | $0 |
| Dianna Raedle MBA | Director Trustee or director | 2 | $0 |
| Lowell Robinson MBA | Director Trustee or director | 2 | $0 |
| Dionis Rodriguez MBA | Director Trustee or director | 2 | $0 |
| Paul Stamas MBA | Director Trustee or director | 2 | $0 |
| Lance Stuart MBA | Director Trustee or director | 2 | $0 |
| Mark Tatum MBA | Director Trustee or director | 2 | $0 |
| Robert Tichio MBA | Director Trustee or director | 2 | $0 |
| Amy Vecchione MBA | Director Trustee or director | 2 | $0 |
| Laila Worrell MBA | BOARD CHAIR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Maureen Friar | Chief of Staff Officer | 40 | $186,684 | $13,004 |
| Deborah Farrington | Board Chair Trustee or director | 2 | $0 | $0 |
| Clare Peeters | Director, Presi Trustee or director | 2 | $0 | $0 |
| Jacqueline Adams | Director Trustee or director | 2 | $0 | $0 |
| Katherine Bahamonde Monasebian | Director Trustee or director | 2 | $0 | $0 |
| Todd Benson | Director Trustee or director | 2 | $0 | $0 |
| Dan Biederman | Director Trustee or director | 2 | $0 | $0 |
| Kal Bittianda | Director Trustee or director | 2 | $0 | $0 |
| Tamara Bowens | Director Trustee or director | 2 | $0 | $0 |
| Pamela Chan | Director Trustee or director | 2 | $0 | $0 |
| Andrew Cheskis | Director Trustee or director | 2 | $0 | $0 |
| Hemali Dassani | Director Trustee or director | 2 | $0 | $0 |
| Elisabeth Hair DeMarse | Director Trustee or director | 2 | $0 | $0 |
| Marjorie Federbush | Director Trustee or director | 2 | $0 | $0 |
| Joel Glasky | Director Trustee or director | 2 | $0 | $0 |
| Sejal Shah Gulati | Director Trustee or director | 2 | $0 | $0 |
| Leonard Harlan | Director Trustee or director | 2 | $0 | $0 |
| Joanna Stone Herman | Director Trustee or director | 2 | $0 | $0 |
| Leslie Himmel | Director Trustee or director | 2 | $0 | $0 |
| Richard Kane | Director Trustee or director | 2 | $0 | $0 |
| Zameer Kassam | Director Trustee or director | 2 | $0 | $0 |
| Atul Khanna | Director Trustee or director | 2 | $0 | $0 |
| Anand Kini | Director Trustee or director | 2 | $0 | $0 |
| Monica Mandelli | Director Trustee or director | 2 | $0 | $0 |
| Bruce Marcus | Director Trustee or director | 2 | $0 | $0 |
| Depelsha McGruder | Director Trustee or director | 2 | $0 | $0 |
| Chris Marinak | Director Trustee or director | 2 | $0 | $0 |
| Howard Morgan | Director Trustee or director | 2 | $0 | $0 |
| Jessica Luterman Naeve | Director Trustee or director | 2 | $0 | $0 |
| Edward Olebe | Director Trustee or director | 2 | $0 | $0 |
| Kenneth Powell | Director Trustee or director | 2 | $0 | $0 |
| Dianna Raedle | Director Trustee or director | 2 | $0 | $0 |
| Lowell Robinson | Director Trustee or director | 2 | $0 | $0 |
| Dionis Rodriguez | Director Trustee or director | 2 | $0 | $0 |
| Paul Stamas | Director Trustee or director | 2 | $0 | $0 |
| Lance Stuart | Director Trustee or director | 2 | $0 | $0 |
| Mark Tatum | Director Trustee or director | 2 | $0 | $0 |
| Robert Tichio | Director Trustee or director | 2 | $0 | $0 |
| Amy Vecchione | Director Trustee or director | 2 | $0 | $0 |
| Laila Worrell | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH LAWLER | EXECUTIVE DIR. Officer | 40 | $177,893 | $12,135 |
| CLARE PEETERS | PRESIDENT Trustee or director, Officer | 20 | $0 | $0 |
| MARK TATUM | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| KATHERINE BAHAMONDE MONASEBIAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TODD BENSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAN BIEDERMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KAL BITTIANDA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRUCE BOCKMANN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANDREW CHESKIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HEMALI DASSANI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ELISABETH HAIR DEMARSE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DEBORAH FARRINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARJORIE FEDERBUSH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOEL GLASKY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEONARD HARLAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOANNA STONE HERMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LESLIE HIMMEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RICHARD KANE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ATUL KHANNA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANAND KINI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NANCY LANE | BOARD MEMBER (FORMER) Trustee or director | 2 | $0 | $0 |
| MONICA MANDELLI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRUCE MARCUS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DEPELSHA MCGRUDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRIS MARINAK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HOWARD MORGAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JESSICA LUTERMAN NAEVE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JACQUES NORDEMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EDWARD OLEBE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KENNETH POWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DIANNA RAEDLE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LOWELL ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DIONIS RODRIGUEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL STAMAS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LANCE STUART | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NATHANIEL SUTTON | BOARD MEMBER (FORMER) Trustee or director | 2 | $0 | $0 |
| ALEKSI SUVANTO | BOARD MEMBER (FORMER) Trustee or director | 2 | $0 | $0 |
| AMY VECCHIONE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LAILA WORRELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ZAMEER KASSAM | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1460 BROADWAY, NEW YORK, NY 10036-7329
- Signed the 990
- Ray Eason, CFO
- Phone
- (929) 596-3820
- Website
- WWW.HSBCNY.ORG
- Return prepared by
- RLN US LLP
Mission
THE MISSION OF THE HBS CLUB OF NEW YORK IS TO MAKE A DIFFERENCE AND TO SUPPORT HARVARD BUSINESS SCHOOL BY ENGAGING ALUMNI, IMPACTING COMMUNITY, FOSTERING LEADERSHIP AND LIFELONG LEARNING.
Program accomplishments
- HBSC OF NEW YORK OFFERS A WIDE VARIETY OF ACTIVITIES FOR THE PROFESSIONAL AND PERSONAL ENRICHMENT OF MEMBERS AND THE HBS ALUMNI. EVENTS INCLUDE FINANCE, LIFESTYLE AND MARKETING, MEDIA, ART, SOCIAL ENTERPRISE & NONPROFIT SECTOR, CAREER/ PROFESSIONAL DEVELOPMENT, HBS PROFESSORS, SOCIAL AND SERVICE THE NEW YORK COMMUNITY.Expenses $780,130 · grants $15,000 · revenue $91,019
- CONTRIBUTIONS TO HARVARD BUSINESS SCHOOL.Expenses $140,000 · grants $140,000
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
- 13-6159699
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B51I)
- Assets (IRS master file)
- $2,810,587
- Income (IRS master file)
- $1,752,810
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,359,753 | $1,295,817 | $2,810,587 | XML |
| 990 | June 2024 | $1,301,634 | $1,147,062 | $2,719,915 | XML |
| 990 | June 2023 | $1,135,606 | $1,086,381 | $2,525,234 | XML |
| 990 | June 2022 | $2,020,153 | $1,044,091 | $2,494,386 | 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 13-6159699).
Questions about HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC
- What is the EIN of HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC?
- The employer identification number (EIN) of HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC is 13-6159699.
- Is HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC 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 HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC 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 HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC?
- The 990 for the year ended June 30, 2025 lists 40 people; 1 received compensation from the organization, the highest $174,284 (Maureen A Friar, Chief of Staff).
- How much revenue does HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,359,753, expenses of $1,295,817 and total assets of $2,810,587 at year end.
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