Skip to content
Nonprofiteer
← WOMEN CORPORATE DIRECTORS EDUCATION AND DEVELOPMENT FOUNDATION INC

Form 990 for tax year 2024

Filed by WOMEN CORPORATE DIRECTORS EDUCATION AND DEVELOPMENT FOUNDATION INC.

Totals

Total revenue
$3,023,590
Total expenses
$3,079,071
Contributions and grants received
$2,483,979
Grants paid
$0
Program service revenue
$528,218
Investment income
$11,393
Other revenue
$0
Total assets, end of year
$2,914,170
Total liabilities, end of year
$769,827
Net assets or fund balances, end of year
$2,144,343
Program services expenses (Part IX)
$2,069,306
Management and general expenses
$690,546
Fundraising expenses
$319,219
Program service expenses (Part III)
$2,069,306

Program services were 67.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,332,229

  • 1f · All other contributions, gifts and grants

    $1,151,750

  • 1g · Noncash contributions included above

    $35,000

  • 2a · Program service revenue: CONVENTIONS

    total $422,117 · related or exempt $422,117

  • 2b · Program service revenue: CHAPTER MEETINGS

    total $106,101 · related or exempt $106,101

  • 3 · Investment income

    total $11,393 · excluded $11,393

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $673,138 · program services $407,114 · management and general $171,650 · fundraising $94,374

  • 7 · Other salaries and wages

    total $693,854 · program services $419,643 · management and general $176,933 · fundraising $97,278

  • 8 · Pension plan contributions

    total $68,754 · program services $41,583 · management and general $17,532 · fundraising $9,639

  • 9 · Other employee benefits

    total $33,006 · program services $19,962 · management and general $8,417 · fundraising $4,627

  • 10 · Payroll taxes

    total $71,764 · program services $43,403 · management and general $18,300 · fundraising $10,061

  • 11b · Fees: legal

    total $23,783 · program services $10,412 · management and general $10,900 · fundraising $2,471

  • 11c · Fees: accounting

    total $177,610 · program services $69,000 · management and general $94,810 · fundraising $13,800

  • 11g · Fees: other

    total $296,094 · program services $153,690 · management and general $114,881 · fundraising $27,523

  • 12 · Advertising and promotion

    total $28,836 · program services $12,111 · fundraising $16,725

  • 13 · Office expenses

    total $239,966 · program services $178,127 · management and general $29,924 · fundraising $31,915

  • 17 · Travel

    total $27,821 · program services $27,821

  • 19 · Conferences, conventions and meetings

    total $422,180 · program services $422,180

  • 22 · Depreciation, depletion and amortization

    total $70,702 · program services $49,986 · management and general $10,867 · fundraising $9,849

  • 23 · Insurance

    total $25,861 · management and general $25,861

  • 24a · Other expenses: CHAPTER EXPENSES

    total $210,663 · program services $210,663

  • 24b · Other expenses: LICENSES AND FEES

    total $9,776 · management and general $9,776

  • 24c · Other expenses: MISCELLEOUS EXPENSES

    total $5,263 · program services $3,611 · management and general $695 · fundraising $957

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $548,274 · end of year $191,347

  • 2 · Savings and temporary cash investments

    beginning of year $340,982 · end of year $552,123

  • 4 · Accounts receivable

    beginning of year $64,000 · end of year $79,675

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,296 · end of year $103,589

  • 10a · Land, buildings and equipment: cost or other basis

    $487,326

  • 10b · Land, buildings and equipment: accumulated depreciation

    $82,938

  • 10c · Land, buildings and equipment, net

    beginning of year $473,162 · end of year $404,388

  • 14 · Intangible assets

    beginning of year $1,583,048 · end of year $1,583,048

  • 17 · Accounts payable and accrued expenses

    beginning of year $270,706 · end of year $237,188

  • 19 · Deferred revenue

    beginning of year $621,152 · end of year $532,639

  • 27 · Net assets without donor restrictions

    beginning of year $2,197,904 · end of year $2,144,343

Mission and programs · 2024

Mission

PROVIDE PROGRAMS, SERVICES, AND EDUCATIONAL OPPORTUNITIES TO EMPOWER EXCEPTIONAL DIRECTORS TO DELIVER INCLUSIVE VISIONARY CORPORATE BOARD LEADERSHIP.

  • WOMEN CORPORATE DIRECTORS (WCD) PROVIDES PROGRAMMING ALL YEAR ROUND IN THE FORM OF WCD DIRECT EVENTS, PEER EXCHANGES, CHAPTER EVENTS, BOARDNEXT EVENTS, AND BOARDROOM BEYOND PODCAST. IN FY 25 WCD DELIVERED 86 MOSTLY IN-PERSON CHAPTER EVENTS TO OVER 1,428 REGISTRANTS AND 34 VIRTUAL EVENTS DELIVERED TO 4,106 REGISTRANTS WITH 1,714 RECORDING PLAYBACKS.

    Expenses $1,436,463

  • THERE WAS ONE GLOBAL INSTITUTE IN SEPTEMBER 2024 AT THE KPMG LAKEHOUSE AS WELL AS A REGIONAL EUROPEAN INSTITUTE IN AMSTERDAM IN MAY 2025 AND A REGIONAL LATAM INSTITUTE IN MEXICO CITY IN JUNE 2025. ALL INSTITUTES PROVIDE PROGRAMMING AND NETWORKING OPPORTUNITIES TO ENHANCE MEMBERS KNOWLEDGE AND EFFECTIVENESS IN THE BOARD ROOM.

    Expenses $422,180 · Revenue $422,117

  • LOCAL MEETINGS ARE HELD THROUGHOUT THE YEAR TO PROVIDE ACCESS TO PROGRAMMING AT A LOCAL MEMBER LEVEL REGARDING CORPORATE GOVERNANCE. WITH 70 CHAPTERS WORLDWIDE, CHAPTER EVENTS AND MEETINGS ARE HELD LOCALLY TO CONNECT WITH PEERS AND LEARN FROM EXPERTS IN AREAS CRITICAL TO SUCCESSFUL BOARD GOVERNANCE.

    Expenses $210,663 · Revenue $106,101

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jennifer Reynolds

    CEO

    Total calculated
    $447,950
    From this org
    $425,000
    From related orgs
    $0
    Other
    $22,950
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,000
    Bonus
    $75,000
    Other
    not reported
    Deferred
    $22,950
    Nontaxable benefits
    not reported
    Filer's total
    $447,950
  • Katie Squires-Thompson

    CSO & COO

    Total calculated
    $194,900
    From this org
    $185,000
    From related orgs
    $0
    Other
    $9,900
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,000
    Bonus
    $20,000
    Other
    not reported
    Deferred
    $9,900
    Nontaxable benefits
    not reported
    Filer's total
    $194,900
  • Marylean Abney

    TREASURER

    Total calculated
    $138,000
    From this org
    $138,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    15
  • Judy McLevey

    HEAD OF EDUC

    Total calculated
    $114,288
    From this org
    $108,138
    From related orgs
    $0
    Other
    $6,150
    Hours/week
    40
  • Cindy Brinkley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Karen Mitchell Curran

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    10
  • Lisa Daniels

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Jackie Daylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Stacy Nahas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Kalpana Ramakrishnan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4
  • Mary Beth Vitale

    DIRECTOR/INT

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
25 March 2026
IRS schema version
2024v5.0
Source object
202630869349300028

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.