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← NATIONAL ASSOCIATION OF CORPORATE DIRECTORS

Form 990-EZ for tax year 2022

Filed by NATIONAL ASSOCIATION OF CORPORATE DIRECTORS.

Totals

Total revenue
$54,343
Total expenses
$104,411
Contributions and grants received
$49,265
Grants paid
not reported
Program service revenue
$5,040
Membership dues (line 3)
not reported
Investment income (line 4)
$38
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$28,430
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$28,430
Program service expenses (Part III)
$53,866

Program services were 51.6% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

NACD INSPIRES TO A WORLD WHERE BUSINESSES ARE SUSTAINABLE, PROFITABLE AND TRUSTED. IT PROVIDES TOOLS, RESOURCES AND VOICE TO ADVANCE THIS VISION.

  • THE NACD MINNESOTA CHAPTER FOLLOWS THE MISSION OF NACD IN ADVANCING EXEMPLARY BOARD LEADERSHIP. IT IS A REQUIREMENT FOR EACH PROGRAM THAT THE TOPIC RELATE TO "GOVERNANCE AND WE REQUIRE A MINIMUM OF ONE DIRECTOR, PREFERABLY AN NACD MEMBER, AS A SPEAKER OR PRESENTER ON A PANEL. IN THIS WAY, WE OFFER THE LOCAL DIRECTOR COMMUNITY OPPORTUNITIES TO BECOME INFORMED AND EDUCATED, AS WELL AS PROVIDING A FORUM FOR DISCUSSION OF TOPICS RELATING TO THE BOARDROOM AND DIRECTOR PERFORMANCE. IN 2022 NACD-MN OFFERED 8 PROGRAMS, ONE VIRTUAL AND THE REST IN PERSON WITH 202 ATTENDEES. VIRTUAL PRICING WAS COMPLIMENTARY FOR MEMBERS AND $25 FOR NONMEMBERS. IN PERSON PRICING WAS $50 FOR MEMBERS AND $65 FOR NONMEMBERS. NACD-MN PROGRAMMING FOCUSED ON THOSE WHO SERVE ON PUBLIC, PRIVATE AND NONPROFIT ORGANIZATION BOARDS, WITH AN EMPHASIS ON REPRESENTATION OF PEOPLE OF COLOR AND WOMEN PARTICIPANTS. CONTENT WAS DESIGNED TO STRENGTHEN BOARD GOVERNANCE AND EQUIP DIRECTORS TO BE READY TO NAVIGATE THE REALITIES OF BUSINESS TODAY.

    Expenses $53,866

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Channon Lemon

    EXECUTIVE DIRECTOR (AS OF MAR 2022)

    Total calculated
    $32,764
    Compensation
    $32,764
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    8
  • Judy Ferril

    ADMINISTRATOR

    Total calculated
    $19,188
    Compensation
    $19,188
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    8
  • Miron Marcotte

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • James Powell

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Sarah Lynn Oquist

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Melodie Rose

    PROGRAM CHAIR

    Total calculated
    $0
    Hours/week
    1
  • George Boyadjis

    DIRECTOR (THROUGH AUGUST 2022)

    Total calculated
    $0
    Hours/week
    1
  • Barbara Butts Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Daugherty

    DIRECTOR (THROUGH DEC 2022)

    Total calculated
    $0
    Hours/week
    1
  • Lisa Hauser

    DIRECTOR (THROUGH DECEMBER 2022)

    Total calculated
    $0
    Hours/week
    1
  • Sally Mainquist

    DIRECTOR (JUNE - NOV 2022)

    Total calculated
    $0
    Hours/week
    1
  • Christy Morse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349206461

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