Executive compensation can be a tricky area for the board of a nonprofit organization. As we’ve discussed previously, the recommended process for determining the appropriate compensation package for an executive of a nonprofit organization is to conduct a review of what similarly-sized organizations, in the same geographic area, offer their executives (of comparable level). But […]
rebuttable presumption of reasonableness
Executive Compensation – The Legal Issues
Determining the appropriate amount of compensation to pay an executive is one of the most important decisions a board is asked to make. Board members must balance budgetary concerns with the need to find a qualified candidate. Traditionally, it was not uncommon for nonprofits to expect executives to work for significantly less than they might […]