High and Low Pay Fields for Nonprofit CEOs, and the Woman Problem: GuideStar’s 2017 Compensation Study Is Out!
The Nonprofit Quarterly | September 12, 2017
The IRS requires nonprofits to compensate their CEOs at a rate that’s reasonable and not excessive. (As is usual for such guidance, the directive’s a bit vague.) You’re also required to document how your board arrived at the compensation of your top execs. Some big organizations hire a consultant to provide a formalized process, but most organizations have no need to do so. Determining what’s both “fair” and “reasonable” simply requires access to data for comparison, and luckily, that information is increasingly available.