National Association Of Corporate Directors
- Assets
- $376.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 80-0411627
Organization Overview
National Association Of Corporate Directors is located in Chapel Hill, NC. 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 12/2023, National Association Of Corporate Directors generated $185.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $179.7k during the year ending 12/2023. While expenses have increased by 19.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WITH THE AIM OF STRENGTHENING CORPORATE GOVERNANCE AND OVERSIGHT, THE ORGANIZATION SUPPORTED CORPORATE BOARDS AND INDIVIDUAL DIRECTORS BY PROVIDING CONTINUOUS LEARNING, KNOWLEDGE SHARING, AND NETWORKING OPPORTUNITIES. PROGRAM ACTIVITIES INCLUDED 11 SPEAKER PROGRAMS, WHICH WERE ATTENDED BY MORE THAN 450 PEOPLE. ALL EVENTS COUNTED TOWARD EDUCATION CREDITS FOR CORPORATE DIRECTOR CERTIFICATION ADMINISTERED BY NACD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Albritton Director | 2 | $0 | |
David Colburn Treasurer | 4 | $0 | |
Geoff Bell Secretary | 2 | $0 | |
Wendy Burden Director | 2 | $0 | |
Katina Dorton Director | 2 | $0 | |
Ravila Gupta Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,250 |
| Total Program Service Revenue | $17,916 |
| Membership dues | $33,000 |
| Investment income | $12,201 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,367 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,000 |
| Professional fees and other payments to independent contractors | $43,019 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,710 |
| Total expenses | $179,729 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $342,160 |
| Other assets | $0 |
| Total assets | $376,160 |
| Total liabilities | $21,003 |
| Net assets or fund balances | $355,157 |