Form 990 for tax year 2024
Filed by NATIONAL ASSOCIATION OF CORPORATE DIRECTORS.
Totals
- Total revenue
- $230,904
- Total expenses
- $238,152
- Contributions and grants received
- $206,601
- Grants paid
- $0
- Program service revenue
- $15,585
- Investment income
- $8,718
- Other revenue
- $0
- Total assets, end of year
- $373,894
- Total liabilities, end of year
- $21,387
- Net assets or fund balances, end of year
- $352,507
- Program services expenses (Part IX)
- $225,855
- Management and general expenses
- $12,297
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $225,855
Program services were 94.8% 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.
-
1f · All other contributions, gifts and grants
$206,601
-
2a · Program service revenue: PROGRAM TICKET SALES
total $15,585 · related or exempt $15,585
-
3 · Investment income
total $8,718 · excluded $8,718
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $76,150 · program services $68,535 · management and general $7,615
-
11c · Fees: accounting
total $15,475 · program services $13,928 · management and general $1,547
-
13 · Office expenses
total $6,270 · program services $3,135 · management and general $3,135
-
19 · Conferences, conventions and meetings
total $110,257 · program services $110,257
-
21 · Payments to affiliates
total $30,000 · program services $30,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $342,160 · end of year $245,894
-
3 · Pledges and grants receivable
beginning of year $34,000 · end of year $128,000
-
17 · Accounts payable and accrued expenses
beginning of year $10,533 · end of year $13,488
-
19 · Deferred revenue
beginning of year $10,470 · end of year $7,899
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $355,157 · end of year $352,507
Mission and programs · 2024
Mission
THE ENHANCEMENT OF DIRECTOR EFFECTIVENESS THROUGH THE PROMOTION OF HIGH PROFESSIONAL BOARD STANDARDS, PROVISION OF EDUCATION CONTENT, CREATION OF FORUMS FOR PEER INTERACTION, AND COMMUNICATION OF BOARD RELATED TOPICS TO MEMBERS WITHIN THE RESEARCH TRIANGLE AREA OF NORTH CAROLINA.
-
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.
Expenses $225,855 · Revenue $15,585
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BONNIE HANCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
COURTNEY KAMLET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DAVE COLBURN
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
DAVID HOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
GEOFF BELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
HILDA PINNIX-RAGLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KATINA DORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARK ZORKO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL SABER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
RAVILA GUPTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SCOTT TOBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SUZANNE MIGLUCCI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
THOMAS STITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
WENDY BURDEN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
JOAN SIEFERT ROSE
EXECUTIVE DIRECTOR
- Total calculated
- $34,500
- From this org
- $34,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
TARA FOY
EXECUTIVE DIRECTOR
- Total calculated
- $39,050
- From this org
- $39,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541709349300539
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