National Association Of Corporate Directors
- Assets
- $55.0m
- Revenue
- $38.2m
- Investments
- $0.0
- Employees
- 167
- Location
- Arlington, VA
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 52-2314113
Organization Overview
National Association Of Corporate Directors, operating under the name Nacd, is located in Arlington, VA. The organization was established in 2002. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Nacd employed 167 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Nacd 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 12/2021, Nacd generated $38.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $29.9m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EMPOWER DIRECTORS AND TRANSFORM BOARDS TO BE FUTURE READY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING & COMMUNICATIONS - MARKETING AND COMMUNICATIONS WORKS PRIMARILY TO ENHANCE NACD'S POSITION IN THE MARKETPLACE BY CREATING AWARENESS FOR OUR MEMBERSHIP, RESEARCH, AND EDUCATIONAL PROGRAMS. THEY ALSO LEAD OUR COMMUNICATIONS EFFORTS BY COORDINATING OUR PRESS OUTREACH, AS WELL AS OUR EFFORTS AROUND SOCIAL MEDIA AND ADVERTISING.
EDUCATIONAL PROGRAMS - NACD CONDUCTS LEADING-EDGE, INTERACTIVE SEMINARS AND CONFERENCES (BOTH TRADITIONAL IN-PERSON AND VIRTUAL) DESIGNED FOR BOTH DIRECTORS AND EXECUTIVE MANAGEMENT. NACD ALSO OFFERS ITS FULL CURRICULUM AS IN-HOUSE EDUCATIONAL PROGRAMS THAT CAN BE INDIVIDUALLY TAILORED TO MEET SPECIFIC NEEDS.
MEMBERSHIP - PROVIDES SERVICES TO MORE THAN 23,000 MEMBERS & VARIOUS CUSTOMERS. MEMBERSHIP BENEFITS INCLUDE: CONTINUING DIRECTOR EDUCATION, BENCHMARKING RESEARCH IN NUMEROUS BOARD AND COMMITTEE PRACTICES, THOUGHT LEADERSHIP PUBLICATIONS, PRACTICAL HANDBOOKS FOR COMMITTEES AND BOARDS, DIRECTOR SEARCH SERVICES, NACD DIRECTORSHIP CERTIFICATION, AND OTHER RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Gleason Chief Executive Officer | OfficerTrustee | 54 | $1,055,658 |
Dona Young See Sch O Board Member | Trustee | 1 | $74,250 |
Sue Cole Chair | OfficerTrustee | 1 | $0 |
Nicholas Donofrio Board Member | Trustee | 1 | $0 |
Brenda Gaines Board Member | Trustee | 1 | $0 |
Daniel Gallagher Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nallas Corporation Technology Development | 12/30/23 | $1,541,500 |
Yes & Company Media Advertising | 12/30/23 | $1,143,626 |
Eventeq Event Equipment & Labor | 12/30/23 | $705,358 |
Adage Technologies Website & Crm Design | 12/30/23 | $547,859 |
Fonteva Technology Licenses | 12/30/23 | $540,079 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $706,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $29 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,264,409 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,154,231 |
| Statement of Expenses | |
|---|---|
| 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. | $3,450,166 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,587,834 |
| Pension plan accruals and contributions | $345,094 |
| Other employee benefits | $884,812 |
| Payroll taxes | $736,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,050 |
| Fees for services: Accounting | $69,497 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,752 |
| Fees for services: Other | $2,413,064 |
| Advertising and promotion | $125,870 |
| Office expenses | $1,794,259 |
| Information technology | $1,318,772 |
| Royalties | $0 |
| Occupancy | $2,581,841 |
| Travel | $82,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,972,805 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $369,053 |
| Insurance | $86,892 |
| All other expenses | $0 |
| Total functional expenses | $29,883,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,941,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,187 |
| 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 | $1,685,384 |
| Investments—publicly traded securities | $29,017,664 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,137,000 |
| Other assets | $6,601,420 |
| Total assets | $55,045,699 |
| Accounts payable and accrued expenses | $3,856,028 |
| Grants payable | $0 |
| Deferred revenue | $17,681,539 |
| 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 | $9,090,854 |
| Total liabilities | $30,628,421 |
| Net assets without donor restrictions | $24,417,278 |
| 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 |
| Total liabilities and net assets/fund balances | $24,417,278 |