Form 990 for tax year 2024
Filed by NATIONAL ASSOCIATION OF CORPORATE DIRECTORS.
Totals
- Total revenue
- $606,176
- Total expenses
- $436,326
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $601,755
- Investment income
- $4,421
- Other revenue
- $0
- Total assets, end of year
- $558,565
- Total liabilities, end of year
- $113,435
- Net assets or fund balances, end of year
- $445,130
- Program services expenses (Part IX)
- $402,718
- Management and general expenses
- $33,608
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $402,718
Program services were 92.3% 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.
-
2a · Program service revenue: CERTIFIED DIRECTORS DINNE
total $73 · related or exempt $73
-
2b · Program service revenue: Membership Dues & Assessments
total $62,682 · related or exempt $62,682
-
2c · Program service revenue: MISC INCOME
total $39,000 · related or exempt $39,000
-
2d · Program service revenue: ONLINE REGISTRATION
-
2e · Program service revenue: SPONSORSHIP FEES
total $500,000 · related or exempt $500,000
-
3 · Investment income
total $4,421 · excluded $4,421
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $240,796 · program services $240,796
-
6 · Compensation of disqualified persons
total $125,578 · program services $125,578
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $2,750 · management and general $2,750
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,400 · management and general $2,400
-
12 · Advertising and promotion
total $1,968 · management and general $1,968
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $7,912 · program services $1,396 · management and general $6,516
-
18 · Travel or entertainment for public officials
total $286 · management and general $286
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $150 · management and general $150
-
23 · Insurance
total $0
-
24a · Other expenses: MEALS/MEETING FOOD&BEVERAGE
total $23,856 · program services $23,856
-
24b · Other expenses: ONLINE TOOL
total $10,731 · management and general $10,731
-
24c · Other expenses: OTHERS
total $9,976 · program services $9,976
-
24d · Other expenses: SUPPLIES
total $3,975 · program services $695 · management and general $3,280
-
24e · All other expenses
total $5,948 · program services $421 · management and general $5,527
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $342,378 · end of year $476,089
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $6,250 · end of year $68,250
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $13,000 · end of year $14,000
-
10a · Land, buildings and equipment: cost or other basis
$782
-
10b · Land, buildings and equipment: accumulated depreciation
$556
-
10c · Land, buildings and equipment, net
beginning of year $376 · end of year $226
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $3,753 · end of year $14,522
-
19 · Deferred revenue
beginning of year $40,000
-
25 · Other liabilities
beginning of year $42,971 · end of year $98,913
-
27 · Net assets without donor restrictions
beginning of year $275,280 · end of year $445,130
Mission and programs · 2024
Mission
THE NATIONAL ASSOCIATION OF CORPORATE DIRECTORS IS DEDICATED TO SERVING THE CORPORATE GOVERNANCE NEEDS OF CORPORATE BOARDS AND INDIVIDUAL BOARD MEMBERS. NACD PROMOTES HIGH PROFSSIONAL STANDARDS, CREATES FORUMS FOR PEER INTERACTION, ENHANCES DIRECTOR EFFECTIVENESS, COMMUNICATES AND MONITORS THE POLICY INTERESTS OF DIRECTORS, CONDUCTS BENCHMARKING RESEARCH AND EDUCATES BOARDS AND DIRECTORS CONCERNING TRADITIONAL AND EMERGING ISSUES.
-
MEETING AND PROGRAMMING THROUGHOUT THE YEAR ON TOPICS THAT ARE VARIED AND REFLECT CHANGES IN SOCIETY AND THE CORPORATE WORLD.
Expenses $402,718 · Revenue $601,755
As filed on the 2024 return.
Listed in Part VII
-
Lisa SpiveyLISA SPIVEY
Executive Dir.
- Total calculated
- $240,796
- From this org
- $240,796
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $240,796
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $240,796
-
Alison DavisALISON DAVIS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ira EhrenpreisIRA EHRENPREIS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jack LazarJACK LAZAR
Director
- Total calculated
- $0
- Hours/week
- 3
-
Laurie YolerLAURIE YOLER
N&G CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Cathy BenkoCATHY BENKO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robin WashingtonROBIN WASHINGTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maggie WilderotterMAGGIE WILDEROTTER
Chair-Elect
- Total calculated
- $0
- Hours/week
- 1
-
Melinda Yee FranklinMELINDA YEE FRANKLIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Claudia Fan MunceCLAUDIA FAN MUNCE
Chair
- Total calculated
- $0
- Hours/week
- 10
-
Gary StrongGARY STRONG
FINANCE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Rich HoranRICH HORAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kim BoxKIM BOX
Director
- Total calculated
- $0
- Hours/week
- 1
-
John HottaJOHN HOTTA
Director
- Total calculated
- $0
- Hours/week
- 1
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
None.
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
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349311720
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