Overview
Hondros Education Group (HEG), founded in 1981, is a renowned provider of professional education services with a focus on real estate, mortgage, appraisal, insurance, home inspection, and exam preparation. Headquartered in Westerville, Ohio, HEG has educated over one million students through its family of brands, including Hondros College, Arizona School of Real Estate & Business, Hogan School of Real Estate, and CompuCram®. The company operates under the Hondros Family of Companies, which also encompasses Learn Mortgage, Hondros Learning, and National Background Check Inc.
Services and Offerings
HEG offers both online and in-person educational services tailored to adult learners in various professional fields. Key offerings include:
- Real Estate Licensing: Comprehensive courses and exam preparation for real estate professionals.
- Mortgage Education: Industry-specific training and certification.
- Appraisal and Home Inspection Training: Curriculum designed for industry-standard qualifications.
- CompuCram®: An integrated exam preparation system that includes vocabulary tools, practice testing, and comprehensive simulated exams with continuous feedback.
The group has partnerships with over 200 organizations nationwide, ensuring high-quality content delivery and flexible learning options.
Key Personnel and Leadership
The leadership team at HEG is integral to its commitment to maintaining high educational standards and operational efficiency:
- Robert Voltz and Hobie Hondros: Key members of the management team, contributing to strategic growth.
- Harry T. Wilkins: CEO of Hondros College of Nursing, pivotal in strategic development.
- Angela Selden: Influential executive at American Public Education, Inc., impacting Hondros' operations.
- Arnay Tate: Director of Site Operations.
- Douglas Jarvis: Director Operations, West Chester Campus.
- Amy Fanok: IT Director.
- Melanie Castillo: School Director of Operations and Strategy.
- Scott Moore: Financial Aid Manager.
- Ginger Olivieri: Senior Design Manager.
Financial Snapshot
HEG generates an estimated annual revenue of $44.5 million with a revenue per employee of approximately $198,000. The company employs 225 individuals and reported a -2% employee growth rate in the past year.
Recent Developments and Achievements
- Expansion: The acquisition of additional real estate schools, including the Hogan School of Real Estate in Tucson, Arizona, which enhances HEG's educational reach.
- Workplace Recognition: Named one of the top workplaces by Columbus CEO in 2024, underlining the company's employee satisfaction and positive organizational culture.
Strategic Partnerships and Community Involvement
HEG maintains strategic community partnerships, particularly through its Nursing division, contributing to healthcare education in collaboration with other organizations. The Arizona School of Real Estate & Business frequently hosts professional development events, bolstering its reputation locally and nationally.
The group seeks corporate partnerships, offering advertising in course guides and alumni support initiatives, which further emphasize its impact on professional education and community development.
Competitor Analysis
Key Competitors
- The College of Health Care Professions
- Revenue: $204.9 million
- Employees: 813
- Employee Growth: 7%
- The CE Shop
- Revenue: $31 million
- Employees: 188
- Employee Growth: -5%
- 360training.com
- Revenue: $42.3 million
- Employees: 372
- Provides regulatory training and professional certification across various industries.
These competitors highlight the diverse landscape of educational services, each catering to unique markets within the training and certification sector.
Conclusion
Hondros Education Group maintains a strong presence in Ohio and offers diverse educational services. Despite a slight decline in employee growth, its estimated revenue and strategic expansions position it competitively in the education sector. The extensive portfolio and key personnel enhance its capability for collaboration, while competitors underline both challenges and opportunities in the market.