National Association Of Corporate Directors
- Assets
- $146.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown, CT
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 34-1991353
Organization Overview
National Association Of Corporate Directors is located in Newtown, CT. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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 12/2022, National Association Of Corporate Directors generated $72.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $61.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022, NACD-CT PRESENTED NINE PROGRAMS, FOUR OF WHICH WERE VIRTUAL. THESE FEATURED IMPORTANT TOPICS FOR MEMBERS, SPONSORS AND THE PUBLIC, TO PROMOTE DIRECTOR EFFECTIVENESS AND GOOD CORPORATE GOVERNANCE PRACTICES. NACD-CT MEMBERS ALSO RECEIVE INFORMATION FROM AND HAVE ACCESS TO RESOURCES AND PROGRAMS THROUGH THEIR MEMBERSHIP IN THE NATIONAL ASSOC. OF CORPORATE DIRECTORS..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret E Pederson President | 3 | $0 | |
Donald Dobbs Secretary | 2 | $0 | |
Ursuline Foley Director | 0.5 | $0 | |
Gerry Mintz Director | 0.5 | $0 | |
Mark S Dailey Director | 0.5 | $0 | |
Michael Lorelli Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,185 |
| Membership dues | $66,925 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,122 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $47,766 |
| Occupancy, rent, utilities, and maintenance | $5,878 |
| Printing, publications, postage, and shipping | $40 |
| Other expenses | $7,386 |
| Total expenses | $61,070 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,180 |
| Other assets | $0 |
| Total assets | $146,180 |
| Total liabilities | $22,722 |
| Net assets or fund balances | $123,458 |
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