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Nonprofiteer
← NATIONAL COUNCIL OF STATE BOARDS OF NURSING INC

Form 990 for tax year 2024

Filed by NATIONAL COUNCIL OF STATE BOARDS OF NURSING INC.

Totals

Total revenue
$143,984,750
Total expenses
$133,172,200
Contributions and grants received
$0
Grants paid
$1,692,270
Program service revenue
$117,429,043
Investment income
$26,555,707
Other revenue
$0
Total assets, end of year
$325,674,109
Total liabilities, end of year
$38,585,987
Net assets or fund balances, end of year
$287,088,122
Program services expenses (Part IX)
$124,227,382
Management and general expenses
$8,944,818
Fundraising expenses
$0
Program service expenses (Part III)
$124,227,382

Program services were 93.3% 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: Nurse Competence

    total $109,147,052 · related or exempt $109,147,052

  • 2b · Program service revenue: Nursing Information Services

    total $8,159,336 · related or exempt $8,159,336

  • 2c · Program service revenue: Regulatory Outcome

    total $91,155 · related or exempt $91,155

  • 2d · Program service revenue: Membership Dues

    total $31,500 · related or exempt $31,500

  • 3 · Investment income

    total $6,319,239 · excluded $6,319,239

  • 7a · Gross sales of assets other than inventory

    securities $112,631,214

  • 7b · Less cost or other basis and sales expenses

    securities $92,394,746

  • 7c · Gain or loss

    securities $20,236,468

  • 7d · Net gain or loss

    total $20,236,468 · excluded $20,236,468

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,692,270 · program services $1,692,270

  • 5 · Compensation of officers, directors and key employees

    total $2,173,292 · program services $1,757,591 · management and general $415,701

  • 7 · Other salaries and wages

    total $18,191,611 · program services $14,701,685 · management and general $3,489,926

  • 8 · Pension plan contributions

    total $1,434,717 · program services $1,168,973 · management and general $265,744

  • 9 · Other employee benefits

    total $2,337,932 · program services $1,905,880 · management and general $432,052

  • 10 · Payroll taxes

    total $1,343,473 · program services $1,094,630 · management and general $248,843

  • 11b · Fees: legal

    total $1,090,937 · management and general $1,090,937

  • 11c · Fees: accounting

    total $170,846 · management and general $170,846

  • 11d · Fees: lobbying

    total $577,119 · program services $577,119

  • 11f · Fees: investment management

    total $581,692 · management and general $581,692

  • 11g · Fees: other

    total $7,159,094 · program services $6,906,049 · management and general $253,045

  • 13 · Office expenses

    total $504,648 · program services $455,126 · management and general $49,522

  • 16 · Occupancy

    total $1,577,121 · program services $1,004,440 · management and general $572,681

  • 17 · Travel

    total $4,683,292 · program services $4,001,028 · management and general $682,264

  • 22 · Depreciation, depletion and amortization

    total $3,899,127 · program services $3,733,231 · management and general $165,896

  • 24a · Other expenses: Application & Processin

    total $79,850,237 · program services $79,850,237

  • 24b · Other expenses: Equipment & Maintenance

    total $5,117,172 · program services $4,961,302 · management and general $155,870

  • 24c · Other expenses: Library & Memberships

    total $133,125 · program services $111,408 · management and general $21,717

  • 24e · All other expenses

    total $654,495 · program services $306,413 · management and general $348,082

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,595 · end of year $30,085

  • 2 · Savings and temporary cash investments

    beginning of year $27,057,915 · end of year $34,199,914

  • 4 · Accounts receivable

    beginning of year $875,778 · end of year $1,874,401

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,891,587 · end of year $2,804,283

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

    $49,719,989

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

    $29,199,445

  • 10c · Land, buildings and equipment, net

    beginning of year $18,153,495 · end of year $20,520,544

  • 11 · Investments: publicly traded securities

    beginning of year $251,603,046 · end of year $248,071,520

  • 12 · Investments: other securities

    beginning of year $13,130,829 · end of year $13,742,142

  • 15 · Other assets

    beginning of year $4,815,162 · end of year $4,431,220

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,819,199 · end of year $10,112,936

  • 18 · Grants payable

    beginning of year $375,036 · end of year $1,121,801

  • 19 · Deferred revenue

    beginning of year $21,719,008 · end of year $21,489,390

  • 21 · Escrow or custodial account liability

    beginning of year $1,429,232 · end of year $1,618,332

  • 25 · Other liabilities

    beginning of year $5,086,700 · end of year $4,243,528

  • 27 · Net assets without donor restrictions

    beginning of year $279,119,232 · end of year $287,088,122

Mission and programs · 2024

Mission

Through collaborative leadership, advance regulatory excellence for patient safety and public protection, including the development of licensing examinations in nursing.

Activities or mission (Part I)

Advance regulatory excellence for patient safety and public protection.

  • Nurse Competence NCSBN became the first organization to implement computerized adaptive testing (CAT) nationwide licensure examinations (NCLEX) in 1994. Since 1994 more than about 8.6 million candidates for nurse licensure have taken the NCLEX exam via CAT.

    Expenses $89,054,602 · Revenue $109,147,052

  • Information NCSBN provides technology and comprehensive data management for use by its members. NCSBN maintains the NURSYS database that coordinates national publicly available nurse licensure information. NURSYS is the only national database for verification of nurse licensure, discipline and practice privileges for RNs and LPN/VNS licensed in participating jurisdictions including all states in the nurse licensure compact. It allows employers to retrieve licensure/discipline documentation from a single location.

    Expenses $18,913,167 · Revenue $8,159,336

  • Nurse Regulatory OutcomeU.S. boards of nursing regulate more than 5 million licensed nurses. NCSBN provides an organization through which boards of nursing, act and counsel together on matters of common interest and concern affecting the public health, safety and welfare. NCSBN provides resources, communication and education for use by its members and external stakeholders. NCSBN expands and enhances evidenced based regulation. The NCSBN Center for Regulatory Excellence grant program provides funding for scientific research projects that advance the science of nursing regulation.

    Expenses $16,259,613 · Grants $1,692,270 · Revenue $122,655

As filed on the 2024 return.

Listed in Part VII

  • Phyllis Polk Johnson

    President

    Total calculated
    $0
    Hours/week
    5
  • Jose Delfin D Castillo

    President-Elect

    Total calculated
    $0
    Hours/week
    5
  • Lori Scheidt

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Carolyn McCormies

    Area I Director

    Total calculated
    $0
    Hours/week
    5
  • Danette Schloeder

    Area I Director (Until 08/25)

    Total calculated
    $0
    Hours/week
    5
  • Sue Painter

    Area II Director

    Total calculated
    $0
    Hours/week
    5
  • Jenny Barnhouse

    Area III Director

    Total calculated
    $0
    Hours/week
    5
  • Barbara Blozen

    Area IV Director

    Total calculated
    $0
    Hours/week
    5
  • Tony Graham

    Director

    Total calculated
    $0
    Hours/week
    5
  • Ann Oertwich

    Director

    Total calculated
    $0
    Hours/week
    5
  • Missy Poortenga

    Director

    Total calculated
    $0
    Hours/week
    5
  • Tammy Vaughn

    Director

    Total calculated
    $0
    Hours/week
    5
  • Philip Dickison

    Secretary & CEO

    Total calculated
    $992,453
    From this org
    $919,025
    From related orgs
    $0
    Other
    $73,428
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $744,025
    Bonus
    $150,000
    Other
    $25,000
    Deferred
    $50,100
    Nontaxable benefits
    $23,328
    Filer's total
    $992,453
  • Rob Clayborne

    Chief Financial Off (Until 08/25)

    Total calculated
    $397,317
    From this org
    $341,049
    From related orgs
    $0
    Other
    $56,268
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $341,049
    Bonus
    $0
    Other
    $0
    Deferred
    $27,600
    Nontaxable benefits
    $28,668
    Filer's total
    $397,317
  • Jennifer Gallagher

    Chief Operations Officer

    Total calculated
    $325,905
    From this org
    $265,139
    From related orgs
    $0
    Other
    $60,766
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,139
    Bonus
    $0
    Other
    $0
    Deferred
    $22,322
    Nontaxable benefits
    $38,444
    Filer's total
    $325,905
  • Laura Doerr

    Chief Human Resources Officer

    Total calculated
    $325,104
    From this org
    $274,380
    From related orgs
    $0
    Other
    $50,724
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,380
    Bonus
    $0
    Other
    $0
    Deferred
    $22,796
    Nontaxable benefits
    $27,928
    Filer's total
    $325,104
  • Maryann Alexander

    Chief Off, Nursing Reg (Until 12/24)

    Total calculated
    $391,512
    From this org
    $350,951
    From related orgs
    $0
    Other
    $40,561
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,951
    Bonus
    $0
    Other
    $0
    Deferred
    $27,600
    Nontaxable benefits
    $12,961
    Filer's total
    $391,512
  • Steven Viger

    Deputy Chief Officer, Examinations

    Total calculated
    $320,536
    From this org
    $273,519
    From related orgs
    $0
    Other
    $47,017
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,519
    Bonus
    $0
    Other
    $0
    Deferred
    $21,924
    Nontaxable benefits
    $25,093
    Filer's total
    $320,536
  • Joseph Betts

    Measurement & Testing Director

    Total calculated
    $319,524
    From this org
    $264,538
    From related orgs
    $0
    Other
    $54,986
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,538
    Bonus
    $0
    Other
    $0
    Deferred
    $21,750
    Nontaxable benefits
    $33,236
    Filer's total
    $319,524
  • Jason Schwartz

    Member Outreach & Engagement Dir

    Total calculated
    $313,140
    From this org
    $258,581
    From related orgs
    $0
    Other
    $54,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,581
    Bonus
    $0
    Other
    $0
    Deferred
    $21,357
    Nontaxable benefits
    $33,202
    Filer's total
    $313,140
  • Tammy Spangler

    Information Security Assurance Dir

    Total calculated
    $258,105
    From this org
    $225,721
    From related orgs
    $0
    Other
    $32,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,721
    Bonus
    $0
    Other
    $0
    Deferred
    $18,427
    Nontaxable benefits
    $13,957
    Filer's total
    $258,105

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Per an agreement that has been approved by the Board of Directors, NCSBN shall pay or reimburse the CEO for up to $25,000 annually for housing or hotel expenses related to their time spent working at NCSBN's offices in Chicago. Any reimbursements are included on their form W-2 and reported as taxable income.
Part I, Line 7
As indicated on Schedule J, Part II, the CEO received a bonus. The bonus is approved by the Board of Directors.

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

Provenance

Return type
form_990
Tax year
2024
Filed
10 February 2026
IRS schema version
2024v5.5
Source object
202600439349301690

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