2. October 2015 10:02
Just in time for the new fiscal year for the federal government, the division of the IRS responsible for charities (Tax Exempt/Government Entities or TE/GE) has issued a list of its priorities for 2016. [More]
18. June 2015 10:46
Charity Navigator (CN) recently completed its 11th annual national study which focuses on differences among the financial, accountability and transparency practices of charities located in various metropolitan markets in the US. Read about the full study at http://www.charitynavigator.org/index.cfm/bay/studies.metro.main.htm#.VYLOnflViko.
The findings: For different metropolitan areas in the US, the rankings of charity executive salary levels are not particularly related to financial, accountability and transparency practices. [More]
17. July 2013 11:45
When a former top executive for New York University (NYU) nominated for Treasury secretary was questioned at his confirmation hearing about his compensation (in particular, his parting bonus) and subsidized mortgages, Senator Chuck Grassley raised concerns that these payments by a nonprofit were inappropriate, considering its exemption from income and property taxes. According to a recent New York Times article, Grassley asked for more details and, several months later, has not received the detailed information he is seeking from NYU. [More]