Civic Intelligence

National Association of Corporate

EIN 04-3741178 • 501(c)3 • Minneapolis, MN

Profile

Nacd inspires to a world where businesses are sustainable, profitable and trusted. It provides tools, resources and voice to advance this vision.

PO Box 15061Minneapolis, MN 55415

minnesota.nacdonline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

48th percentile

0.8%

Higher net margin than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

0.9%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-34%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$192,974

Up $1,728 (+0.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$192,974

Up $1,728 (+0.9%) from 2023

Revenue

Down

$225,406

Down $117,505 (-34%) from 2023

Expenses

Up

$223,678

Up $43,583 (+24%) from 2023

Net Income

Down

$1,728

Down $161,088 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2013: $19,522Liabilities 2013: $0Net Assets 2013: $19,5222013Assets 2014: $38,332Liabilities 2014: $0Net Assets 2014: $38,3322014Assets 2015: $61,897Liabilities 2015: $0Net Assets 2015: $61,8972015Assets 2016: $71,400Liabilities 2016: $02016Assets 2017: $86,511Liabilities 2017: $0Net Assets 2017: $86,5112017Assets 2018: $83,387Liabilities 2018: $0Net Assets 2018: $83,3872018Assets 2019: $81,742Liabilities 2019: $0Net Assets 2019: $81,7422019Assets 2020: $93,560Liabilities 2020: $0Net Assets 2020: $93,5602020Assets 2021: $78,498Liabilities 2021: $0Net Assets 2021: $78,4982021Assets 2022: $28,430Liabilities 2022: $0Net Assets 2022: $28,4302022Assets 2023: $191,246Liabilities 2023: $0Net Assets 2023: $191,2462023Assets 2024: $192,974Liabilities 2024: $0Net Assets 2024: $192,9742024

Highlighted filing

2024

Assets$192,974
Liabilities$0
Net Assets$192,974

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2013: $86,438Expenses 2013: $83,652Net Income 2013: $2,7862013Revenue 2014: $88,585Expenses 2014: $69,775Net Income 2014: $18,8102014Revenue 2015: $88,679Expenses 2015: $65,114Net Income 2015: $23,5652015Revenue 2016: $69,210Expenses 2016: $59,707Net Income 2016: $9,5032016Revenue 2017: $69,837Expenses 2017: $54,726Net Income 2017: $15,1112017Revenue 2018: $75,742Expenses 2018: $78,926Net Income 2018: -$3,1842018Revenue 2019: $86,604Expenses 2019: $88,245Net Income 2019: -$1,6412019Revenue 2020: $51,857Expenses 2020: $39,839Net Income 2020: $12,0182020Revenue 2021: $48,887Expenses 2021: $63,949Net Income 2021: -$15,0622021Revenue 2022: $54,343Expenses 2022: $104,411Net Income 2022: -$50,0682022Revenue 2023: $342,911Expenses 2023: $180,095Net Income 2023: $162,8162023Revenue 2024: $225,406Expenses 2024: $223,678Net Income 2024: $1,7282024

Highlighted filing

2024

Revenue$225,406
Expenses$223,678
Net Income$1,728

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$225,406
Mission and Program Overview

Mission

Nacd inspires to a world where businesses are sustainable, profitable and trusted. It provides tools, resources and voice to advance this vision.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,000$100,000→ $0
Cash and Non-Interest-Bearing Accounts$91,246$92,974▲ $1,728
Total Assets$191,246$192,974▲ $1,728
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$191,246$192,974▲ $1,728
Total Net Assets Fund Balance$191,246$192,974▲ $1,728
Total Liabilities and Net Assets / Fund Balance$191,246$192,974▲ $1,728
Compensation and Service Providers

Board Members and Trustees

NameTitle
Miron MarcotteChair
Melodie RoseVice Chair & Program Chair
Barbara Butts WilliamsDirector
Beth SimermeyerDirector
Chanda Smith BakerDirector
Christy MorseDirector
Dara RudickDirector
Stacey AckermanDirector
Teddy BekeleDirector
Tim HuebschDirector
Channon LemonExecutive Director
Sarah Lynn OquistSecretary
James PowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$205,150
Program Service Revenue
$20,130
Investment Income
$126
Other Revenue
$0
All Other Contributions
$200,150
Change in Net Assets
$1,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,009
Salaries, Compensation, and Employee Benefits$82,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$41,335$41,334-$82,669
Fees for Services Other-$81,003-$81,003
Conferences and Meetings$38,455$7,691-$46,146
Travel-$5,123-$5,123
Other Expenses-$4,697-$4,697
Information Technology-$3,164-$3,164
Insurance-$672-$672
Office Expenses-$204-$204
Total Functional Expenses$79,790$143,888$0$223,678
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board of directors may designate an executive committee composed of the board's officers and up to four other directors approved by the board. The executive committee has the authority of the board in the management of the organization in the interval between meetings of the board.

Form 990, Part VI, Section A, Line 3

Channon lemon, the executive director, owns intent energy. Her services are provided through a contract with intent energy. In 2024, intent energy was paid $82,669 for her executive director services.

Form 990, Part VI, Section B, Line 11B

Prior to filing, the form 990 was reviewed by the executive director as well as the board chair and treasurer. A copy was provided to all other board members.

Form 990, Part VI, Section B, Line 12

Nacd-mn intends to implement a written conflict of interest policy. Nacd-mn will not enter into transactions that involve a conflict of interest with a director, except in accordance with the provisions of minnesota statutes, section 317a.255, as now enacted or hereafter amended.

Form 990, Part VI, Section B, Line 15A

The board of directors uses its knowledge of nonprofit compensation in the region when setting the executive director's compensation. This compensation review is conducted annually.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Minnesota Chapter of the National
EIN
04-3741178
Phone
6512951580
Address
PO BOX 15061, MINNEAPOLIS, MN 55415
Doing Business As
Nacd-mn Nacd Mn

Signing Officer

Name
Melodie Rose
Title
Chair
Phone
6512951580
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melodie Rose
Formed
2002
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Kurt Bennion CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 0. Management and general expenses 81,003. Fundraising expenses 0. Total expenses 81,003.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049265
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047933
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049183
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0680681
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt020130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013675
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0945
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02665
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt042455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
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IRS990ScheduleA/InvestmentIncomePYPct00.00030
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IRS990ScheduleA/PublicSupportPY509Pct00.99970
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt051848
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt048887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt051857
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS MAY DESIGNATE AN EXECUTIVE COMMITTEE COMPOSED OF THE BOARD'S OFFICERS AND UP TO FOUR OTHER DIRECTORS APPROVED BY THE BOARD. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE ORGANIZATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHANNON LEMON, THE EXECUTIVE DIRECTOR, OWNS INTENT ENERGY. HER SERVICES ARE PROVIDED THROUGH A CONTRACT WITH INTENT ENERGY. IN 2024, INTENT ENERGY WAS PAID $82,669 FOR HER EXECUTIVE DIRECTOR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING, THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AS WELL AS THE BOARD CHAIR AND TREASURER. A COPY WAS PROVIDED TO ALL OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NACD-MN INTENDS TO IMPLEMENT A WRITTEN CONFLICT OF INTEREST POLICY. NACD-MN WILL NOT ENTER INTO TRANSACTIONS THAT INVOLVE A CONFLICT OF INTEREST WITH A DIRECTOR, EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF MINNESOTA STATUTES, SECTION 317A.255, AS NOW ENACTED OR HEREAFTER AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS USES ITS KNOWLEDGE OF NONPROFIT COMPENSATION IN THE REGION WHEN SETTING THE EXECUTIVE DIRECTOR'S COMPENSATION. THIS COMPENSATION REVIEW IS CONDUCTED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 81,003. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,003.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalVolunteersCnt012
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IRS990/UponRequestInd0X
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELODIE ROSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA CHAPTER OF THE NATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF CORPORATE DIRECTORS
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