Nacm North Central
Nonprofit profile at a glance
- EIN
- 800802201
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- St Louis Park, MN, USA
- Phone
- 7632534300
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $448,422
- Expenses
- $401,174
- Assets
- $982,141
- Liabilities
- $256,511
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- TANYA GUY (PRESIDENT)
- SHANNON WILD (VICE PRESIDENT OF FAMS)
Highest reported compensation
- KEN SONDAY (DIRECTOR - INFORMATION AND TECHNOLOGY): $149,697 total reported compensation
- TANYA GUY (PRESIDENT): $149,535 total reported compensation
- MARK MERRELL (CONTROLLER): $101,229 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the common business interest and improve business conditions as well as to provide educational opportunities for commercial credit professionals representing organizations extending commercial credit.
What it reported doing in 2024
Seminars and membership meetings: provide education and support services to association members related to commercial credit matters.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 91
- Sustainability: 52
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 2.45; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 18.3%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -5.8% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $150K · 14 people listed
- Highest-paid contractors: 1 contractor listed · $377K reported
- Consistency: 12 of 12 current checks pass
- Schedules: 5 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 21/100.