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National Association of Corporate Directors
National Association of Corporate Directors reported $47.7 million in revenue and $47.9 million in expenses for calendar year 2025. Of every $100 it spent, $77.42 went to program services, $22.58 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.5% of the total. The highest compensation it reported for one person was $1,253,629 (CHIEF EXECUTIVE OFFICER). 90 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $48MFor context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $48MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.4% | 84.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 22.6% | 10.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 83.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.5% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $1,253,629 | $357,133 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.62% | 1.52% |
| People paid over $100,000 Part VII, line 2 | 90 | 12 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.2 | 10.5 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseMarketing & communications - marketing and communications works primarily to enhance nacd's position in the marketplace by creating awareness for our membership, research, and educational programs. They also lead our communications efforts by coordinating our press outreach, as well as our efforts around social media and advertising
Educational programs - nacd conducts leading-edge, interactive seminars and conferences (both traditional in-person and virtual) designed for both directors and executive management. Nacd also offers its full curriculum as in-house educational programs that can be individually tailored to meet specific needs
Membership - provides services to more than 23,000 members & various customers. Membership benefits include: continuing director education, benchmarking research in numerous board and committee practices, thought leadership publications, practical handbooks for committees and boards, director search services, nacd directorship certification, and other resources
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 54.00 hrs/week | $1,190,111 | $0 | $63,518 | $1,253,629 |
| COO, GEN. COUN. & CORP. SEC. Officer, 54.00 hrs/week | $532,124 | $0 | $49,132 | $581,256 |
| CHIEF FINANCIAL OFFICER Officer, 54.00 hrs/week | $458,900 | $0 | $55,345 | $514,245 |
| CHIEF INFORMATION OFFICER Key employee, 55.00 hrs/week | $443,137 | $0 | $41,639 | $484,776 |
| SENIOR VICE PRESIDENT, CONTENT Key employee, 55.00 hrs/week | $392,000 | $0 | $0 | $392,000 |
| SR. DIR., PART., SPONS. & DEV'L Highest compensated employee, 50.00 hrs/week | $319,165 | $0 | $45,486 | $364,651 |
| VICE PRESIDENT, MARKETING Highest compensated employee, 50.00 hrs/week | $306,814 | $0 | $44,045 | $350,859 |
| DIRECTOR, HUMAN RESOURCES Highest compensated employee, 50.00 hrs/week | $287,856 | $0 | $41,095 | $328,951 |
90 people received more than $100,000 in reportable compensation from National Association of Corporate Directors (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.2M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5168
- Volunteers Part I, line 625
Correct a figure or respond
Every number above is copied from National Association of Corporate Directors's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Association of Corporate Directors, you can publish a response that is linked from this page.
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Of every $100 National Association of Corporate Directors spent in 2025, $77.42 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of National Association of Corporate Directors's spending goes to programs?
In calendar year 2025, National Association of Corporate Directors reported that 77.4% of its $47.9 million in expenses went to program services, 22.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does National Association of Corporate Directors pay its top executive?
The largest total compensation National Association of Corporate Directors reported for one person in calendar year 2025 was $1,253,629, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Association of Corporate Directors get its money?
Of $47.7 million in revenue in calendar year 2025, 0.0% came from contributions and grants and 96.5% from program service revenue (Form 990, Part VIII).
Is National Association of Corporate Directors a registered charity?
The IRS lists EIN 52-2314113 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202642099349300114 · read the filing
- 2024: Form 990 for calendar year 2024, object 202542619349301109 · read the filing
- 2023: Form 990 for calendar year 2023, object 202401579349301500 · read the filing
- 2022: Form 990 for calendar year 2022, object 202301679349300415 · read the filing
- 2021: Form 990 for calendar year 2021, object 202211829349300721 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132729349300123 · read the filing
- 2019: Form 990 for calendar year 2019, object 202042729349300119 · read the filing
All filings for EIN 52-2314113: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.