Nacd Corporate Directors Institute
- Assets
- $1.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- Data as of
- 12/2023
- EIN
- 84-2647589
Organization Overview
Nacd Corporate Directors Institute is located in Arlington, VA. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nacd Corporate Directors Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Nacd Corporate Directors Institute generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 25.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NACD DIRECTORSHIP CERTIFICATION PROGRAM IS THE CREDENTIAL FOR DIRECTORS TO OBTAIN AND DEMONSTRATE A BASELINE OF KNOWLEDGE IN PREPARATION FOR OR CONTINUATION OF THE PROFESSION OF DIRECTORSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Gleason CEO & Board Member | OfficerTrustee | 1 | $0 |
Anna Catalano See Sch O Board Member | Trustee | 1 | $12,500 |
Brenda Gaines Board Member (end 05/23) | Trustee | 1 | $0 |
Cynthia Jamison Board Member | Trustee | 1 | $0 |
W Graeme Roustan Board Member (end 05/23) | Trustee | 1 | $0 |
Nora Denzel Board Member (beg. 05/23) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Caviart Group Certification Exam Contractor | 12/30/23 | $105,000 |
Yes & Company Media Advertising | 12/30/23 | $227,887 |
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 | $1,828,585 |
| Investment income | $62,622 |
| 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 | $1,891,207 |
| 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. | $36,208 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $386,051 |
| Pension plan accruals and contributions | $30,236 |
| Other employee benefits | $52,141 |
| Payroll taxes | $25,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,545 |
| Fees for services: Accounting | $5,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $274,602 |
| Advertising and promotion | $357,581 |
| Office expenses | $125,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,762 |
| Travel | $42,260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115,826 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,512 |
| All other expenses | $0 |
| Total functional expenses | $1,526,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,400,858 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $16,597 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,417,455 |
| Accounts payable and accrued expenses | $130,948 |
| Grants payable | $0 |
| Deferred revenue | $1,364,635 |
| 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 | $326,613 |
| Total liabilities | $1,822,196 |
| Net assets without donor restrictions | -$404,741 |
| 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 | $1,417,455 |