Accord Network

Association Of Evangelical Relief And Development Organizations Aerdo

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

EIN: 521130135 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Accord Network?

Accord Network, also known as the Association of Evangelical Relief and Development Organizations (AERDO), is a nonprofit organization based in Washington, D.C. With a single employee, their primary mission is to bring together various Christian relief and development organizations to serve the global poor with distinction. They offer an online platform for members to share and access information related to their exempt purposes. Additionally, Accord Network organizes conference calls, inviting industry experts to share their knowledge and insights, further supporting the objectives of its member organizations.


Official website here: www.accordnetwork.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating. The rating reflects a strong focus on accountability and finance, with a commendable score of 81%. This score is derived entirely from the Accountability & Finance beacon, highlighting the organization’s commitment to transparency and responsible financial management.

Accord Network demonstrates several organizational strengths, including a fully independent board composed of 12 members, which contributes to effective governance. The organization has no material diversion of assets, ensuring that resources are used as intended. Furthermore, they maintain a high program expense ratio of 87.62%, indicating that a significant portion of their funds is directed toward their programs and services.

While the overall rating is positive, it is important to note that the score is solely based on accountability and finance, without additional ratings for other areas like impact or operations. This could suggest a need for further evaluation of the organization's effectiveness and outcomes in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Accord Network legitimate?

Accord Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accord Network 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $183,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.accordnetwork.org

What is the mission statement of Accord Network?

The mission of Accord Network, as stated, is to bring together various Christian relief and development organizations with the objective of enabling them to effectively carry out their charitable objectives. In a broader sense, their mission is to assemble the Christian community to serve the global impoverished population with dedication and proficiency. The network accomplishes this through convening, offering an online platform for members to share information related to their charitable purposes, and organizing conference calls with experts who share insights regarding the exempt purposes of the member organizations.


Official website here: www.accordnetwork.org

Who is the CEO of Accord Network?

Chad Hayward is the Vice-Chair of Accord Network.


Official website here: www.accordnetwork.org

What is the revenue of Accord Network?

Accord Network's revenue in 2022 was $598,851.


Official website here: www.accordnetwork.org

Who are the executives of Accord Network and what are their salaries?

The average compensation at Accord Network during 2022 was $183,011. There is 1 employee and 12 volunteers at Accord Network.


Here are 13 key members and their salaries:


Nell Becker Sweeden (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mercer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Payton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Bult (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cerna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herb Ehresman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Penrod (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Martin-Yeboah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Subodh Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Hayward (President)
  • Compensation: $135,901
  • Related: $0
  • Other: $47,110


Official website here: www.accordnetwork.org

Where can I find the form 990 for Accord Network?

Accord Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.accordnetwork.org

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

Mission Statement of Accord Network

Accord Network, a collective of Christian relief and development organizations, is committed to serving the global poor with distinction. Their mission is to bring together this community of organizations, fostering collaboration and excellence in their charitable endeavors. To accomplish this, Accord Network convenes a network of like-minded individuals and organizations, providing a platform for the sharing of information and best practices related to their exempt purposes. Additionally, the organization arranges conference calls with experts in relevant fields, offering valuable insights and knowledge to its members. By leveraging these resources, Accord Network empowers its members to deliver aid more effectively and efficiently, ultimately making a greater impact in the lives of the less fortunate around the world.

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Impact




July, 2024

Accord Network's impact can be seen in its ability to convene the body of Christ to serve the global poor with excellence. By supporting Christian relief and development organizations in fulfilling their exempt purposes, Accord Network plays a crucial role in promoting effective assistance to those in need around the world. Through its member services, including online information sources and expert-led conference calls, Accord Network facilitates collaboration and information sharing among its members for the benefit of the global poor. This ultimately leads to more impactful and sustainable outcomes in humanitarian efforts.




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


Financials

This financial information is from Propublica.

Revenue
$598,851 (2022)
Expenses
$464,442 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $933
  • Program Service Revenue: $394,866
  • Gross Receipts: $598,851

Assets and Liabilities:

  • Total Assets: $408,504
  • Total Liabilities: $38,135
  • Net Assets: $370,369

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Programs

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

Membership dues

Revenue

$258,987

Conference income

Revenue

$112,878

Executive retreats

Revenue

$22,465

Member services

Revenue

$536

Organization Details

Founding Year

1978

Principal Officer

Chad Hayward

Main Address

PO Box 15815, Washington, DC, 20002

NTEE Category

Code: Q33 - International

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