Form 990 for tax year 2025
Filed by NACD CORPORATE DIRECTORS INSTITUTE.
Totals
- Total revenue
- $1,434,356
- Total expenses
- $1,805,628
- Contributions and grants received
- $0
- Grants paid
- $0
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Listed in Part VII
-
PETER GLEASON
CEO & BOARD MEMBER
- Total calculated
- $1,253,629
- From this org
- $0
- From related orgs
- $1,190,111
- Other
- $63,518
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $714,958 related
- Bonus
- $0 + $475,153 related
- Other
- $0
- Deferred
- $0 + $25,950 related
- Nontaxable benefits
- $0 + $37,568 related
- Filer's total
- $0 + $1,253,629 related
-
GREGORY CESSNA
BOARD MEMBER (FROM 04/25)
- Total calculated
- $0
- Hours/week
- 1
-
NORA DENZEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
THOMAS STITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DONNA ZARCONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLY SIMPSON
SECRETARY
- Total calculated
- $581,256
- From this org
- $0
- From related orgs
- $532,124
- Other
- $49,132
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $371,971 related
- Bonus
- $0 + $160,153 related
- Other
- $0
- Deferred
- $0 + $33,750 related
- Nontaxable benefits
- $0 + $15,382 related
- Filer's total
- $0 + $581,256 related
-
ALEX OBUCHOWSKI
TREASURER
- Total calculated
- $514,245
- From this org
- $0
- From related orgs
- $458,900
- Other
- $55,345
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $318,308 related
- Bonus
- $0 + $140,592 related
- Other
- $0
- Deferred
- $0 + $29,250 related
- Nontaxable benefits
- $0 + $26,095 related
- Filer's total
- $0 + $514,245 related
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 — 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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- NACD CDI RELIES ON A RELATED ORGANIZATION, NACD, TO DETERMINE COMPENSATION. NACD USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
- PART I, LINE 4B
- DURING 2024, NACD IMPLEMENTED A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER THE PROVISIONS OF SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE PLAN'S PERFORMANCE PERIOD BEGAN JANUARY 1, 2024 AND ENDS DECEMBER 31, 2026. AS OF DECEMBER 31, 2025, $75,373 WAS ACCRUED TO THE PLAN. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN: PETER GLEASON $21,014 KIMBERLY SIMPSON $13,938 ALEX OBUCHOWSKI $13,938 RONA BUNN $13,938 FRISO VAN DER OORD $12,545
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
501(C)(3) · MEMBERSHIP ORGANIZATION · DC
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.2
- Source object
- 202602099349300615
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