Donors, journalists, and members of Congress frequently express outrage at the salaries nonprofit CEOs receive, especially if they head nonprofits that receive donations from the public. Excessive compensation can also draw fire from the IRS. This paper outlines what the IRS permits in setting nonprofit executive compensation, the consequences of failing to comply with the regulations, how nonprofit board members can protect themselves and the organizations they serve, the kind of data compensation decisions should be based on, and the importance of reporting compensation accurately in annual IRS filings.
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