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Boardsource

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521681375 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Boardsource?

Boardsource is a nonprofit organization located in Washington D.C., specifically at 750 9TH STREET NW 520. Their primary mission is to inspire and support nonprofit boards and executives, helping them lead with justice and purpose. They achieve this by offering a variety of membership programs tailored to nonprofit organizations and individual leaders. These programs provide access to Boardsource's extensive online library of leadership and governance resources, along with technical assistance from governance specialists. Boardsource's more in-depth support includes an annual board self-assessment and a board orientation certificate program. As of the end of 2022, Boardsource's Board Support Program had 590 member organizations, 70 federated members, 32 corporate members, 14 foundation members, and 1500 individual leader participants across all membership programs. With a team of 21 employees, Boardsource aims to strengthen the nonprofit community's leadership capacity, enabling it to fulfill its purpose and create a world where all can thrive.


Official website here: www.boardsource.org

Is Boardsource legitimate?

Boardsource is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boardsource submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $516,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,335,467

For more financial information, click here


Official website here: www.boardsource.org

What is the mission statement of Boardsource?

Boardsource's mission is to inspire and support nonprofit boards and executives to lead justly and with purpose. The organization envisions a future where the nonprofit community has the leadership to fulfill its purpose and create a world where all can thrive. To achieve this, Boardsource provides educational programs and technical support to nonprofit leaders, boards, and organizations through various membership programs. These programs offer access to Boardsource's online library of board leadership and governance resources and provide technical assistance from an on-staff governance specialist. Boardsource also offers the Board Support Program, which provides more in-depth support for nonprofit boards, including an annual board self-assessment and a board orientation certificate program. As of the end of 2022, there were 590 member organizations in the Board Support Program, among other participating individuals and corporations.


Official website here: www.boardsource.org

Who is the CEO of Boardsource?

Monika Kalra Varma is the President & Ceo (Until 06/2022) of Boardsource. The CEO's salary of Boardsource is $103,791 and their total compensation is $104,325.


Official website here: www.boardsource.org

What is the revenue of Boardsource?

Boardsource's revenue in 2022 was $3,803,950.


Official website here: www.boardsource.org

Who are the executives of Boardsource and what are their salaries?

The average compensation at Boardsource during 2022 was $88,169. There are 21 employees and 9 volunteers at Boardsource.

Here are 16 key members and their salaries (Boardsource's CEO's salary is $103,791 and their total compensation is $104,325):

    Anne Wallestad (President & Ceo (Until 06/2022))
  • Compensation: $276,622
  • Related: $0
  • Other: $11,836

    • Judy Reckelhoff (Chief Of Staff)
  • Compensation: $171,932
  • Related: $0
  • Other: $14,848

    • Andrew Davis (Associate Vp, Member Edu.)
  • Compensation: $151,860
  • Related: $0
  • Other: $12,964

    • Stella Ford (Associate Vp, Fnd Relations)
  • Compensation: $147,267
  • Related: $0
  • Other: $14,653

    • Takita Battle (Dir. Of Corp. & Fed. Partn)
  • Compensation: $118,202
  • Related: $0
  • Other: $14,331

    • Joan Payne (Vp, Finance)
  • Compensation: $118,563
  • Related: $0
  • Other: $4,743

    • Monika Varma (President & Ceo (From 08/2023))
  • Compensation: $103,791
  • Related: $0
  • Other: $534

    • Julia Wilson (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Shamley (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kieth Liederman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Goss (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Lee Freeman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Walker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Takagi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherece West-Scantlebury (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Vredenburgh (Board Member (Until 12/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.boardsource.org

    Where can I find the form 990 for Boardsource?

    The Boardsource’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.boardsource.org

    Learn more at the official website: www.boardsource.org

    Mission Statement of Boardsource

    Boardsource, a nonprofit organization, is dedicated to inspiring and supporting the leadership of nonprofit boards and executives, enabling them to lead with purpose and justice. Their vision envisions a future where the nonprofit sector has the leadership required to fulfill its purpose and create a world where all can thrive. To accomplish this, Boardsource offers a variety of educational programs and resources designed for nonprofit organizations and individual leaders. These programs provide access to Boardsource's extensive library of board leadership and governance resources, as well as technical assistance from a governance specialist. Boardsource also offers the Board Support Program, which provides more in-depth support for nonprofit boards, including an annual board self-assessment and a board orientation certificate program. As of the end of 2022, Boardsource had 590 member organizations, 70 federated members, 32 corporate members, 14 foundation members, and 1,500 individual leaders participating in its membership programs.

    Impact

    This information is meant to be a general summary of Boardsource. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Boardsource inspires and supports boards and executives to lead justly and with purpose. Through educational programs and technical support, Boardsource empowers leaders, boards, and organizations to fulfill their purpose and create a world where all can thrive. With a membership program that provides access to online resources and governance specialists, Boardsource's impact is evident in its 590 member organizations in the Board Support Program, federated networks, corporate members, foundation members, and 1500 individual leaders who are all striving to lead with purpose and make a positive difference in their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $65,597
  • Program Service Revenue: $2,730,753
  • Gross Receipts: $3,881,647

    • Assets and Liabilities:
  • Total Assets: $10,860,434
  • Total Liabilities: $2,686,126
  • Net Assets: $8,174,308
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP DUES

    Revenue

    $1,675,968

    ASSESSMENTS

    Revenue

    $752,744

    PROF. DEV. PROGRAMS

    Revenue

    $302,041

    Organization Details

    Founding Year

    1990

    Principal Officer

    Monika Kalra Varma

    Main Address

    750 9TH STREET NW 520, WASHINGTON, DC, 200014590

    NTEE Category

    Code: A33Z - Arts

    If you are a representative of Boardsource and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.