National Council Of State Boards Of Nursing Inc
- Assets
- $288.3m
- Revenue
- $131.7m
- Investments
- $14.5m
- Employees
- 163
- Location
- Chicago, IL
- Founding
- 06/1987
- Data as of
- 09/2023
- EIN
- 36-3481016
Organization Overview
National Council Of State Boards Of Nursing Inc is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 09/2023, National Council Of State Boards Of Nursing Inc employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Council Of State Boards Of Nursing Inc 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 09/2023, National Council Of State Boards Of Nursing Inc generated $131.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $138.9m during the year ending 09/2023. While expenses have increased by 7.5% per year over the past 8 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.
Since 2015, National Council Of State Boards Of Nursing Inc has awarded 75 individual grants totaling $12,408,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE REGULATORY EXCELLENCE FOR PATIENT SAFETY AND PUBLIC PROTECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSE COMPETENCE NCSBN BECAME THE FIRST ORGANIZATION TO IMPLEMENT COMPUTERIZED ADAPTIVE TESTING (CAT) NATIONWIDE LICENSURE EXAMINATIONS (NCLEX) IN 1994. SINCE 1994 MORE THAN 6 MILLION CANDIDATES FOR NURSE LICENSURE HAVE TAKEN THE NCLEX EXAM VIA CAT.
NURSE REGULATORY OUTCOMEU.S. BOARDS OF NURSING REGULATE MORE THAN 5 MILLION LICENSED NURSES. NCSBN PROVIDES AN ORGANIZATION THROUGH WHICH BOARDS OF NURSING, ACT AND COUNSEL TOGETHER ON MATTERS OF COMMON INTEREST AND CONCERN AFFECTING THE PUBLIC HEALTH, SAFETY AND WELFARE. NCSBN PROVIDES RESOURCES, COMMUNICATION AND EDUCATION FOR USE BY ITS MEMBERS AND EXTERNAL STAKEHOLDERS. NCSBN EXPANDS AND ENHANCES EVIDENCED BASED REGULATION. THE NCSBN CENTER FOR REGULATORY EXCELLENCE GRANT PROGRAM PROVIDES FUNDING FOR SCIENTIFIC RESEARCH PROJECTS THAT ADVANCE THE SCIENCE OF NURSING REGULATION.
INFORMATION NCSBN PROVIDES TECHNOLOGY AND COMPREHENSIVE DATA MANAGEMENT FOR USE BY ITS MEMBERS. NCSBN MAINTAINS THE NURSYS DATABASE THAT COORDINATES NATIONAL PUBLICLY AVAILABLE NURSE LICENSURE INFORMATION. NURSYS IS THE ONLY NATIONAL DATABASE FOR VERIFICATION OF NURSE LICENSURE, DISCIPLINE AND PRACTICE PRIVILEGES FOR RNS AND LPN/VNS LICENSED IN PARTICIPATING JURISDICTIONS INCLUDING ALL STATES IN THE NURSE LICENSURE COMPACT. IT ALLOWS EMPLOYERS TO RETRIEVE LICENSURE/DISCIPLINE DOCUMENTATION FROM A SINGLE LOCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay P Douglas President | OfficerTrustee | 5 | $0 |
Phillis Polk Johnson President-Elect | OfficerTrustee | 5 | $0 |
Lori Scheidt Treasurer | OfficerTrustee | 5 | $0 |
Adrian Guerrero Treasurer Until 7/23 | OfficerTrustee | 5 | $0 |
Danette Schloeder Area I Director | Trustee | 5 | $0 |
Sue Painter Area Ii Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pearson Vue Testing Services | 9/29/23 | $67,572,671 |
One Plus Corp Proctoring Exams | 9/29/23 | $9,107,393 |
Scantron Corp Printing Services | 9/29/23 | $863,182 |
Jp Morgan Chase Bank Na Processing Services | 9/29/23 | $1,072,438 |
Spm Marketing & Communications Professional Fees | 9/29/23 | $634,368 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $126,149,073 |
| Investment income | $5,615,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$92,794 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,671,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $734,529 |
| 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. | $2,547,898 |
| Compensation of current officers, directors, key employees. | $515,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,233,823 |
| Pension plan accruals and contributions | $1,270,433 |
| Other employee benefits | $1,761,021 |
| Payroll taxes | $1,204,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $752,937 |
| Fees for services: Accounting | $110,351 |
| Fees for services: Lobbying | $834,275 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $620,115 |
| Fees for services: Other | $19,284,407 |
| Advertising and promotion | $0 |
| Office expenses | $475,572 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,350,153 |
| Travel | $4,729,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,170,994 |
| Insurance | $0 |
| All other expenses | $406,329 |
| Total functional expenses | $138,862,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,890 |
| Savings and temporary cash investments | $21,492,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $712,951 |
| 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 | $2,157,587 |
| Net Land, buildings, and equipment | $10,585,291 |
| Investments—publicly traded securities | $233,427,465 |
| Investments—other securities | $14,479,570 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,367,160 |
| Total assets | $288,258,198 |
| Accounts payable and accrued expenses | $9,341,654 |
| Grants payable | $614,395 |
| Deferred revenue | $22,930,884 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,199,340 |
| 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 | $5,876,543 |
| Total liabilities | $39,962,816 |
| Net assets without donor restrictions | $248,295,382 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $288,258,198 |
Grants Awarded
Over the last fiscal year, National Council Of State Boards Of Nursing Inc has awarded $734,529 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE TRUSTEES OF UNIVERSITY OF PENNSYLVANIA PURPOSE: Research | $300,000 |
UNIVERSITY OF ALABAMA SCHOOL OF LAW PURPOSE: Research | $300,000 |
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY PURPOSE: Research | $100,960 |
STATE OF VERMONT OFFICE OF THE SECRETARY OF STATE PURPOSE: Research | $23,569 |
THE MGH INSTITUTE OF HEALTH PROFESSIONALS PURPOSE: Research | $10,000 |