National Association Of Development Organizations
- Assets
- $2.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Washington, DC
- Founding
- 03/1977
- Data as of
- 12/2022
- EIN
- 41-1261188
Organization Overview
National Association Of Development Organizations, operating under the name Nado, is located in Washington, DC. The organization was established in 1977. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Nado employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nado is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Nado generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ADVOCACY, EDUCATION, RESEARCH, AND TRAINING FOR REGIONAL DEVELOPMENT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES: NADO PROVIDES ADVOCACY, EDUCATION, RESEARCH AND TIMELY AND RELEVANT TRAINING AND INFORMATION TO MEMBERS. NADO NEWS IS A MEMBERS' ONLY WEEKLY E-PUBLICATION THAT COVERS THE LATEST DEVELOPMENTS ON CAPITOL HILL, IN THE ADMINISTRATION AND WITHIN THE NADO MEMBERSHIP. OUR WEBSITE, NADO.ORG, IS HOME TO INFORMATION ABOUT CURRENT LEGISLATIVE EFFORTS, CONFERENCES AND WORKSHOPS. NADO'S LEGISLATIVE TEAM WORKS DAILY WITH CONGRESS, THE ADMINISTRATION, FEDERAL AGENCIES, COALITION PARTNERS AND KEY STAKEHOLDERS TO PROMOTE THE VALUE, CAPACITY AND EFFECTIVENESS OF THE NATION'S REGIONAL DEVELOPMENT ORGANIZATIONS. NADO IS THE MOST EFFECTIVE NATIONAL VOICE FOR THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) AND THE ECONOMIC DEVELOPMENT DISTRICT (EDD) PROGRAM.
ANNUAL CONFERENCES: NADO OFFERS UNMATCHED ACCESS TO PROFESSIONAL PEERS THROUGH ANNUAL TRAINING CONFERENCES, WASHINGTON POLICY CONFERENCES AND OTHER VIRTUAL AND FACE-TO-FACE MEETINGS AND SEMINARS.ANNUAL CONFERENCE - HIGHLIGHTED INNOVATIVE PRACTICE OF REGIONAL DEVELOPMENT ORGANIZATIONS. OFFERED INTERACTIVE SETTINGS FOR INFORMATION SHARING, NETWORKING AND LEARNING.WASHINGTON CONFERENCE - THE NADO WASHINGTON POLICY CONFERENCE BRINGS TOGETHER REGIONAL DEVELOPMENT PROFESSIONALS AND LOCAL ELECTED OFFICIALS TO LEARN ABOUT THE LATEST FEDERAL POLICY AND BUDGET DEVELOPMENTS. SEE SCHEDULE O FOR CONTINUATION
REGIONAL/RURAL TRANSPORTATION: FOR THE PAST DECADE, NADO HAS WORKED TIRELESSLY TO SECURE ENHANCED FEDERAL GUIDELINES FOR RURAL CONSULTATION AND PLANNING SERVICES OF REGIONAL DEVELOPMENT ORGANIZATIONS AND THEIR LOCAL GOVERNMENTS. NADO'S RURAL TRANSPORTATION.ORG WEB SITE HAS A VARIETY OF TRANSPORTATION RESOURCES FOR MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Misty Crosby President | OfficerTrustee | 2 | $0 |
Chris Fetzer First Vice President | OfficerTrustee | 2 | $0 |
Chris Brown Second Vice President | OfficerTrustee | 2 | $0 |
Rick Hunsaker Treasurer | OfficerTrustee | 2 | $0 |
Matthew Dolge Secretary | OfficerTrustee | 2 | $0 |
Kevin Byrd Immediate Past President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Formation Pr Brand Inc Consulting | 12/30/22 | $103,675 |
Rsm Us Llp Accounting | 12/30/22 | $120,605 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,441,490 |
| Investment income | $3,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,464,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,175 |
| Compensation of current officers, directors, key employees. | $18,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $401,340 |
| Pension plan accruals and contributions | $25,968 |
| Other employee benefits | $47,617 |
| Payroll taxes | $44,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $66,376 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $185,046 |
| Advertising and promotion | $0 |
| Office expenses | $61,377 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,343 |
| Travel | $53,135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184,120 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,669 |
| Insurance | $219 |
| All other expenses | $0 |
| Total functional expenses | $1,524,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,241,325 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,218 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,070 |
| Net Land, buildings, and equipment | $66,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $915,240 |
| Total assets | $2,289,728 |
| Accounts payable and accrued expenses | $302,840 |
| Grants payable | $0 |
| Deferred revenue | $596,185 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $517,154 |
| Total liabilities | $1,416,179 |
| Net assets without donor restrictions | $873,549 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,289,728 |