Nonprofit Executive Compensation by the IRS
The Wall Street Journal wrote an article this week saying that scrutiny of Nonprofit Executive Compensation by the Internal Revenue Service (IRS) will increase this year in the wake of the general public outrage on excessive compensation. Since the Panel on the Nonprofit Sector released its final report to Congress in 2005, the IRS has been working towards increased scrutiny of these organizations. Link to article here:
http://online.wsj.com/article/SB123902531992992777.html?mod=googlenews_wsj
At Compensation Resources, Inc. (CRI), we have highly skilled professionals with vast experience in Nonprofit Executive Compensation. Not only do we know the ins and outs of the new IRS Form 990 Nonprofit tax return, but we can assist with your organization's understanding and protections under the Intermediate Sanctions and Rebuttable Presumption that exist in IRC -4958.
If you have any questions regarding Executive Compensation at a Nonprofit organization, please do not hesitate to call one of our compensation professionals at 201-934-0505.