National Association Of Corporate Directors
- Assets
- $98.3k
- Revenue
- $317.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeville, PA
- Founding
- 11/2003
- Data as of
- 08/2023
- EIN
- 26-4485830
Organization Overview
National Association Of Corporate Directors is located in Bridgeville, PA. The organization was established in 2003. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Association Of Corporate Directors is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, National Association Of Corporate Directors generated $317.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $312.4k during the year ending 08/2023. While expenses have increased by 6.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NACD ADVANCES EXEMPLARY BOARD LEADERSHIP- FOR DIRECTORS, BY DIRECTORS, OUR TEAM PROVIDES THE INFORMATION AND INSIGHTS THAT BOARD MEMBERS RELY UPON TO CONFIDENTLY NAVIGATE BUSINESS CHALLENGES AND ENHANCE LONG-TERM SHAREOWNER VALUE. IMPORTANTLY, DIRECTORS AND BOARDS TURN TO NACD TO GAIN THE KNOWLEDGE AND WISDOM TO BECOME A STRATEGIC ASSET TO THEIR COMPANIES. OUR ENTIRE ORGANIZATION IS FOCUSED ON MEETING THE NEEDS OF THE BOARD MEMBERS AND SUPPORTING DIRECTORS TO PERFORM MORE EFFECTIVELY AND EFFICIENTLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NACD THREE RIVERS CHAPTER STRIVES TO EMPOWER DIRECTORS AND PROVIDE RESOURCES AND CONNECTIONS THAT WILL ENABLE THEM TO NAVIGATE BUSINESS CHALLENGES AND ACHIEVE LONG-TERM SUCCESS.
THE NACD THREE RIVERS CHAPTER HOSTS AN ANNUAL DIRECTOR OF THE YEAR AWARDS GALA TO RECOGNIZE THE WORK OF INDIVIDUALS AND BOARDS WHO ARE ADVANCING THE MISSION OF NACD THROUGH EXCELLENCE IN CORPORATE GOVERNANCE.
THE NACD THREE RIVERS CHAPTER HOSTS AN ANNUAL "FUTURE OF BOARD LEADERSHIP" SYMPOSIUM. THIS SYMPOSIUM WILL BRING TOGETHER PEOPLE FROM ACROSS THE COUNTRY TO DISCUSS WHAT BOARDS CAN DO TO ENSURE DIVERSITY AND ITS ROLE IN BETTER GOVERNANCE. BOARDS COMPRISING DIRECTORS WHO VARY IN AGE, GENDER, ETHNICITY, AND EXPERIENCE BRING UNIQUE PERSPECTIVES TO THE TABLE THAT HELP ENSURE BETTER DECISION MAKING AND ULTIMATELY, STRONGER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Lorey Allen Chairman & Director | OfficerTrustee | 1 | $0 |
Kelly S Szejko President & Director | OfficerTrustee | 40 | $0 |
Amy Pandit Chairman Elect, Secretary | OfficerTrustee | 1 | $0 |
Ron Herring Jr Treasurer & Director | OfficerTrustee | 1 | $0 |
James D Chiafullo Chairman Emeritus & Direct | OfficerTrustee | 1 | $0 |
Robert A Krizner Chairman Emeritus & Direct | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,000 |
| Total Program Service Revenue | $294,092 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,098 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $165,462 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,295 |
| Information technology | $4,322 |
| Royalties | $0 |
| Occupancy | $11,956 |
| Travel | $4,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,760 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,836 |
| All other expenses | $0 |
| Total functional expenses | $312,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,047 |
| Savings and temporary cash investments | $60,250 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,297 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $98,297 |
| Total liabilities and net assets/fund balances | $98,297 |