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Acord Corporation

Trade
Trade Association · LITTLE FALLS, NJ · EIN 13-2940919

About

The association for cooperative operations research and development ("acord") is a not-for-profit corporation organized to promote the interests of and improve the efficiency and effectiveness of ALL trading partners within the various segments of the insurance and promoting the interests of and improving the efficiency and effectiveness of ALL trading partners within the various segments of the insurance and related financial services industries by developing standards, specifications, and related implementations tools for the electronic exchange of information and other information processing. Acord also serves the public interest and the interests of consumers of insurance and related financial services through analysis, education, standards setting and research & development activities concerning the electronic exchange of information and other information processing.

Donations are NOT tax-deductible
Category
Trade Association
Employees
48
Volunteers
22

Financial Snapshot

FY ending 2024-12-31
Revenue
$35.6M
Expenses
$14.8M
Assets
$113.4M
Liabilities
$57.9M

Financial history

$35.6M$17.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $35.6M · Avg: $26.1M

Foreign activity (Schedule F)

Total spent abroad$3.4M
Foreign employees23
Foreign offices4
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
ACORD CORPORATION
Your actions

Address

150 Clove RD STE 11
Little Falls, NJ, 07424-214

Governance

Voting board members18
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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