Any Action on the ACT Recommendations?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 7. July 2016 13:39
This year’s report of the Exempt Organizations (EO) Subcommittee of the IRS Advisory Committee on Tax Exempt and Government Entities (ACT) focused on planning for the future, which it predicted will not be positive unless its recommended changes are implemented. [More]

Nonprofits React to New OT Regulations

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 8. June 2016 14:03
The new regulation from the Department of Labor that expands overtime (OT) benefits to full-time, salaried employees who make up to $47,476 a year has sparked lots of discussion in the nonprofit sector.Nonprofits React to New OT Regulations [More]

Average Foundation CEO Pay Increases – Useful Data or Not?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 25. May 2016 13:25
According to an article in the Chronicle of Philanthropy, the latest Council on Foundations survey found that salaries for staff members increased 8% from 2011 to 2015, just slightly more than inflation. However, a further breakout of that median increase revealed that salaries for program officers rose only 2%, while those for foundation CEOs rose 14% over those 4 years. The new study calculated the rates of increase using responses from 460 foundations that responded to prior surveys. [More]

E-filing of Forms 990 Proposed in CHARITY Act

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 26. April 2016 15:20
Senators John Thune (R-SD) and Ron Wyden (D-OR) have recently introduced S. 2750, the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act, and the proposed legislation includes “requiring nonprofits to file their paperwork electronically,” according to the Senate press release. [More]

Is the IRS Still Looking at Forms 990?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 14. April 2016 14:35
In what passes for news for the IRS, the recently released Internal Revenue Service Data Book for Fiscal Year (FY) 2015 did include a few points of interest for those in the nonprofit sector filing Forms 990. This is the first year of the online format for the publication, which provided links to the underlying data, a great step forward in improving accessibility. [More]