Nonprofit · EIN 04-3741178
NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
Also known as MINNESOTA CHAPTER
Tax-exempt · MINNEAPOLIS, MN 55415
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $263,890 | $297,737 | -$33,847 | $164,587 | $0 | $164,587 |
| December 31, 2024 | 990 | $225,406 | $223,678 | $1,728 | $192,974 | $0 | $192,974 |
| December 31, 2023 | 990 | $342,911 | $180,095 | $162,816 | $191,246 | $0 | $191,246 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $245,670
- Program service revenue
- $15,823
- Investment income
- $2,397
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Salaries, compensation and benefits (total)
- $100,000
- Professional fundraising fees
- $0
- Travel
- $6,045
- Program services (functional)
- $112,378
- Management and general (functional)
- $185,359
Balance sheet and other
- Total assets, start of year
- $192,974
- Total assets, end of year
- $164,587
- Total liabilities, end of year
- $0
- Net assets, end of year
- $164,587
- Net assets without donor restrictions
- $164,587
- Gross receipts
- $263,890
- Employees
- 0
- Volunteers
- 18
- Year formed
- 2002
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANNON LEMON | EXECUTIVE DIRECTOR Officer | 20 | $0 |
| MELODIE ROSE | CHAIR Trustee or director, Officer | 1 | $0 |
| BETH SIMERMEYER | SECRETARY Trustee or director, Officer | 1 | $0 |
| DARA RUDICK | TREASURER Trustee or director, Officer | 1 | $0 |
| STACEY ACKERMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHANDA SMITH BAKER | DIRECTOR Trustee or director | 1 | $0 |
| TEDDY BEKELE | DIRECTOR Trustee or director | 1 | $0 |
| COLLEEN BIRDNOW BROWN | DIRECTOR Trustee or director | 1 | $0 |
| TIM HUEBSCH | DIRECTOR Trustee or director | 1 | $0 |
| ANDY LANIK | DIRECTOR Trustee or director | 1 | $0 |
| MIRON MARCOTTE | DIRECTOR (THROUGH DECEMBER 2025) Trustee or director | 1 | $0 |
| CHRISTY MORSE | DIRECTOR Trustee or director | 1 | $0 |
| SARAH LYNN OQUIST | DIRECTOR Trustee or director | 1 | $0 |
| JAMES POWELL | DIRECTOR (THROUGH AUGUST 2025) Trustee or director | 1 | $0 |
| BARBARA BUTTS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANNON LEMON | EXECUTIVE DIRECTOR Officer | 10 | $0 |
| MIRON MARCOTTE | CHAIR Trustee or director, Officer | 1 | $0 |
| MELODIE ROSE | VICE CHAIR & PROGRAM CHAIR Trustee or director, Officer | 1 | $0 |
| JAMES POWELL | TREASURER Trustee or director, Officer | 1 | $0 |
| SARAH LYNN OQUIST | SECRETARY Trustee or director, Officer | 1 | $0 |
| STACEY ACKERMAN | DIRECTOR Trustee or director | 1 | $0 |
| TEDDY BEKELE | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA BUTTS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| TIM HUEBSCH | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY MORSE | DIRECTOR Trustee or director | 1 | $0 |
| DARA RUDICK | DIRECTOR Trustee or director | 1 | $0 |
| BETH SIMERMEYER | DIRECTOR Trustee or director | 1 | $0 |
| CHANDA SMITH BAKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANNON LEMON | EXECUTIVE DIRECTOR Officer | 10 | $55,000 |
| MIRON MARCOTTE | CHAIR Trustee or director, Officer | 1 | $0 |
| MELODIE ROSE | VICE CHAIR & PROGRAM CHAIR Trustee or director, Officer | 1 | $0 |
| JAMES POWELL | TREASURER Trustee or director, Officer | 1 | $0 |
| SARAH LYNN OQUIST | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARBARA BUTTS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY MORSE | DIRECTOR Trustee or director | 1 | $0 |
| DARA RUDICK | DIRECTOR Trustee or director | 1 | $0 |
| CHANDA SMITH BAKER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15061, MINNEAPOLIS, MN 55415-0061
- In care of
- % MICHAEL VEKICH
- Mailing address (990-N for 2012)
- 200 South Sixth Street Suite 4000, Minneapolis MN 55402
- Principal officer (990 for 2025)
- MELODIE ROSE, PO BOX 15061, MINNEAPOLIS, MN 55415
- Principal officer (990-N for 2012)
- Paul Knapp, 200 South Sixth Street Suite 4000, Minneapolis MN 55402
- Signed the 990
- MELODIE ROSE, CHAIR
- Phone
- (651) 259-1580
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
NACD INSPIRES TO A WORLD WHERE BUSINESSES ARE SUSTAINABLE, PROFITABLE AND TRUSTED. IT PROVIDES TOOLS, RESOURCES AND VOICE TO ADVANCE THIS VISION.
Program accomplishments
- 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.(CONTINUED IN SCHEDULE O)IN 2025, NACD-MN OFFERED 14 PROGRAMS - SIX VIRTUAL, ONE HYBRID, AND THE REST IN PERSON - WITH OVER 500 ATTENDEES. VIRTUAL PRICING WAS COMPLIMENTARY FOR MEMBERS AND $45 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 PROVIDING PATHWAYS FOR THOSE SEEKING TO BUILD THEIR BOARD GOVERNANCE CAREERS. CONTENT WAS DESIGNED TO STRENGTHEN BOARD GOVERNANCE AND EQUIP DIRECTORS TO BE READY TO NAVIGATE THE REALITIES OF BUSINESS TODAY.Expenses $112,378 · revenue $15,823
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3741178
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B036)
- Group exemption
- 4252: NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
- Assets (IRS master file)
- $164,587
- Income (IRS master file)
- $263,890
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $263,890 | $297,737 | $164,587 | XML |
| 990 | December 2024 | $225,406 | $223,678 | $192,974 | XML |
| 990 | December 2023 | $342,911 | $180,095 | $191,246 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Paul Knapp | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3741178).
Questions about NATIONAL ASSOCIATION OF CORPORATE DIRECTORS
- What is the EIN of NATIONAL ASSOCIATION OF CORPORATE DIRECTORS?
- The employer identification number (EIN) of NATIONAL ASSOCIATION OF CORPORATE DIRECTORS is 04-3741178.
- Is NATIONAL ASSOCIATION OF CORPORATE DIRECTORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Which annual return does NATIONAL ASSOCIATION OF CORPORATE DIRECTORS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL ASSOCIATION OF CORPORATE DIRECTORS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ASSOCIATION OF CORPORATE DIRECTORS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL ASSOCIATION OF CORPORATE DIRECTORS?
- The 990 for the year ended December 31, 2025 names MELODIE ROSE.
- Who are the officers and directors of NATIONAL ASSOCIATION OF CORPORATE DIRECTORS?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does NATIONAL ASSOCIATION OF CORPORATE DIRECTORS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $263,890, expenses of $297,737 and total assets of $164,587 at year end.
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