Center for Nonprofit Advancement

“Application for voting membership shall be open to any organization exempt from taxation under section 501(c)(3) of the internal revenue code, and whose principal place of business is located in the district of columbia, the commonwealth of virginia or the state of maryland or who is incorporated in any of those jurisdictions. The board of directors shall from time to time enact procedures for the admission of members together with setting the annual dues for membership.”

“Each member shall inform the chair or the secretary of the delegate authorized to act on behalf of the member when exercising its rights of membership. Each delegate shall be eligible to vote on those matters set forth in the bylaws or on which the district of columbia nonprofit corporation act of 2010 (the "nonprofit act") requires the approval of the members.”

“The draft form 990 is reviewed by the staff for accuracy. It is then presented to and reviewed by the finance committee. Afterwards, it is sent to the board of directors electronically for approval, via a subsequent in person or teleconference meeting, before it is filed with the internal revenue service.”

“Center for nonprofit advancement board members execute the approved conflict of interest policy and disclosure form in line with the first board meeting of each fiscal year, february. With instructions from the center's board chair and executive committee, members discuss examples of potential conflicts and the importance of disclosure. Potential conflicts are also discussed, as necessary during board meetings and individual members are encouraged to update disclosure forms throughout the year and to discuss potential conflicts with the board governance committee, if necessary.”

“The center for nonprofit advancement follows a formal and documented process for determining the compensation of its ceo, executive director, and other key management personnel. The most recent formal compensation review was conducted at the end of 2023 by the american society of association executives (asae). This review included: independent benchmarking: asae provided market comparability data for similar nonprofit leadership positions within the washington, d.c. Metropolitan area. Board oversight: the executive committee of the board reviewed the asae findings and approved final compensation levels based on the report and performance evaluations. Documentation: the process and final determinations were recorded in board meeting minutes in accordance with the center's established governance and conflict of interest policies.”

“These documents are available upon request.”

“Consultant services: program service expenses 709,431. Management and general expenses 163,994. Fundraising expenses 0. Total expenses 873,425. Staff development: program service expenses 2,612. Management and general expenses 28,788. Fundraising expenses 0. Total expenses 31,400. Temporary help: program service expenses 0. Management and general expenses 273. Fundraising expenses 0. Total expenses 273.”

“Adjustment made to align with beginning net assets -292,897.”