A Few More Changes for 2012 Form 990

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 11. March 2013 13:15

Yes, the IRS did complete its major revision of the Form 990 in 2008 (for returns filed in 2009 and later), but each year there are some revisions and clarifications.  A chart summarizing the significant changes to the Form 990, Form 990-EZ, schedules and instructions for tax year 2012 was published recently by the IRS.

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New York State Limits Nonprofit Executive Pay to $199,000

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 4. March 2013 10:54

Even if the IRS doesn’t think nonprofit executives are paid too much, New York State has a strong opinion on what they should be paid, if they are receiving state funds.

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IRS Plans for Nonprofits in 2013: It’s All About the Form 990

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 25. February 2013 12:45

The latest report on the activities and plans for the Exempt Organizations (EO) division of the Tax Exempt and Government Entities section of the IRS makes it clear that what’s reported on the Form 990 matters.

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Nonprofit CEO Pay Over $1 Million: Right, Wrong, or Reasonable?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 16. January 2013 16:00

A recent article in the San Francisco Chronicle revisits the discussion of appropriate salary levels for nonprofit CEOs.  Citing data from the Chronicle of Philanthropy’s annual compensation report, the article examines two perspectives of annual salaries over $1M: “That’s Too Much for a Nonprofit CEO” and “It’s Time to Change Our Thinking.”

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ERI Compensation Data Cited by Commission Analyzing Nonprofit Executive Pay

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 28. December 2012 08:31

About two years ago, Senator Charles Grassley asked representatives of the nonprofit sector for input on key policy issues related to financial accountability.  At first, the focus was on religious groups, but it was later expanded to encompass the broader nonprofit sector. Over the past year, about 80 leaders were involved in the discussion. The final report, Enhancing Accountability for the Religious and Broader Nonprofit Sector, was issued in December 2012.

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