The IRS makes no secret of the fact that it is scrutinizing executive compensation in tax-exempt organizations.
Nonprofits found to be offering excessive compensation or benefits can lose their tax-exempt status. Plus, the executives, board members and insiders who receive – or approve – excess benefits can face substantial personal monetary penalties.
But for executives who know the letter of the law, it’s not only possible to handle reporting and governance issues, but to defend compensation levels even if they’re higher than the position average. Here’s what you must know.
Order the Issues in Executive Compensation: Setting and Defending Pay Rates Webinar In just 90 minutes, this ultra-efficient webinar maps out the key legal, tax, and media issues surrounding nonprofit salary and benefit packages.
From governance, to trends in Congress and the states, you’ll learn what’s putting nonprofit executive compensation in the spotlight – plus how to reduce your risk of everything from personal monetary penalties, to state penalties or IRS revocation of your tax-exempt status. Plus, the Q&A session at the end gives you the chance to ask about executive compensation issues in your own specific organization.
Learn to retain your leverage while “disaster proofing” your executive compensation, including how to:
- Negotiate pay packages that are competitive without qualifying as “excessive”
- Make changes to your benefits packages that help minimize potential audits and public scrutiny
- Avoid private inurement and intermediate sanctions in the event of a probe
- Defend executive compensation – even if it’s higher than the average position
- Give your Board more leverage against the tactics IRS uses in its probes
- Comply with IRS and state executive compensation guidelines, including reporting and governance issues
Meet Your Training Team
Eileen Johnson, Esq., Partner, Whiteford, Taylor and Preston-
has over 25 years of experience advising nonprofit organizations and associations on a wide variety of legal issues, including corporate governance applicable to nonprofits, amending bylaws, mergers and consolidations and best practices. She has been Director of the Association Foundation Group, the Program Chair for the Association of Corporate Counsel, and was listed as part of Washington’s Legal Elite in Washington Smart CEO magazine.
Ken Cameron, Director, Grant Thornton’s Compensation and Benefits Consulting Practice - Ken is based in Atlanta and serves as a compensation and benefits leader for the not-for-profit industry sector. Ken has over 20 years of compensation and human resources leadership experience in both the consulting and corporate environments. Prior to joining Grant Thornton, Ken was a regional leader of the not-for-profit practices at an international human resources consulting firm. Ken has worked with a wide spectrum of organizations including colleges and research universities, hospital and health care systems, governmental, and social service entities.
Who Should Attend?
This session offers essential guidance for everyone involved with executive compensation, including:
- Executives and board members in tax-exempt organizations
- HR executives
- Nonprofit CFOs
- Compliance and accounting personnel
to maintain your tax-exempt status and
your edge in recruiting and retaining top performers!