Is the Corp really “The Largest Student-Run Corporation in the World”?
Add another 300+ employees and then we’ll have ourselves a real competition….
The Corp likes to boast that it is “The Largest Student-Run Corporation in the World!” It’s a pretty impressive superlative. Unfortunately, it’s one that the Harvard equivalent of the Corp, Harvard Student Agencies (HSA), also claims, verbatim.
So who earns the title? Let’s see how the Corp and HSA stack up:
- Number of Employees: Point to HSA
The Corp: “nearly 200 students” according to their website.
HSA: “more [than] 500 students” according to their website.
- Number of Services: Point to HSA
The Corp runs seven services: one grocery store, three coffee shops, one snack shop, a catering service and a storage service
HSA runs nine “agencies”: a laundry service, an advertising agency, a book publishing agency, a student employment agency, a rental equipment service, a center that supports undergraduate business initiatives, Let’s Go Publications and a separate agency that handles Let’s Go’s advertising.
- Total Revenue (2008): Point to HSA
The Corp: $1,515,277 according to 990 disclosure forms
HSA: $1,899,915 according to 990 disclosure forms
- Net Assets on hand at the end of the 2008 Fiscal Year: Point to HSA
The Corp: $1,341,380 according to 990 disclosure forms
HSA: $5,840,702 according to 990 disclosure forms
On sheer scale, it’s something of a blowout. With HSA dominating all four categories, it looks like the Corp is not actually “The Largest Student-Run Corporation in the World”—not even the largest on the East Coast. Don’t worry, though, it’s not like Harvard outranking us is anything new…
Update: But! Looking at HSA’s Board of Directors and Management Team, it’s clear that while HSA may claim that it’s “student run,” they definitely get support from adult staff members and alumni. Ultimately it comes down to what your definition of “student run” is: if we’re interpreting it as entirely student-run and -operated companies, the Corp still takes the cake.