Form 990 for tax year 2025
Filed by NATIONAL ASSOCIATION OF CORPORATE DIRECTORS.
Totals
- Total revenue
- $357,770
- Total expenses
- $312,523
- Contributions and grants received
- $325,500
- Grants paid
- $0
- Program service revenue
- $20,890
- Investment income
- $11,380
- Other revenue
- $0
- Total assets, end of year
- $606,957
- Total liabilities, end of year
- $179,259
- Net assets or fund balances, end of year
- $427,698
- Program services expenses (Part IX)
- $244,411
- Management and general expenses
- $68,112
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $244,411
Program services were 78.2% 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.
-
1b · Membership dues
$53,000
-
1f · All other contributions, gifts and grants
$272,500
-
2a · Program service revenue: Registration Fees
total $20,890 · related or exempt $20,890
-
3 · Investment income
total $11,380 · excluded $11,380
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 $125,004 · program services $100,003 · management and general $25,001
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $67,100 · program services $60,160 · management and general $6,940
-
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 $14,752 · management and general $14,752
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $3,154 · program services $3,154
-
12 · Advertising and promotion
total $7,104 · program services $7,104
-
13 · Office expenses
total $5,457 · management and general $5,457
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $17,313 · program services $17,313
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Logistic and Catering
total $49,497 · program services $49,497
-
24b · Other expenses: Other Program Expense
total $1,718 · program services $1,718
-
24c · Other expenses: Credit Card Fees
total $12,097 · management and general $12,097
-
24d · Other expenses: Gifts and Gratuity
total $5,462 · program services $5,462
-
24e · All other expenses
total $3,865 · management and general $3,865
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $494,964 · end of year $186,957
-
2 · Savings and temporary cash investments
end of year $375,000
-
4 · Accounts receivable
beginning of year $7,500 · end of year $45,000
-
17 · Accounts payable and accrued expenses
beginning of year $10,013 · end of year $4,259
-
19 · Deferred revenue
end of year $175,000
-
27 · Net assets without donor restrictions
beginning of year $492,451 · end of year $427,698
Mission and programs · 2025
Mission
The Chapter presented seminars and discussion roundtables, which address various topics with the goal to improve corporate governance for members and non-members.
-
The Chapter presented seminars and discussion roundtables, which address various topics with the goal to improve corporate governance. Seminar and roundtables are attended by members and non-members. There are a minimum of 8 sessions held each year.
Expenses $244,411 · Revenue $20,890
As filed on the 2025 return.
Listed in Part VII
-
Greg Hedges
President CEO
- Total calculated
- $125,004
- From this org
- $125,004
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Frank Jaehnert
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Dennis Chookaszian
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Perry
Board Chairman
- Total calculated
- $0
- Hours/week
- 3
-
Pamela Forbes Lieberman
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Shermin Kruse
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Maria Green
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Maria Wynne
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Holly Van Dersuen
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Linda K Myers
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Kristie Paskvan
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
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
- 2025
- Filed
- 4 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611559349301121
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