Does the process your organization uses to determine executive compensation comply with IRS guidelines? Can you answer ‘yes’ to Form 990 good governance policy questions? Would you be prepared for an IRS audit of your compensation practices? What do you make in comparison to your peers?
The Eighth edition of PAR's annual CEO Compensation Study – A Regional Profile of CEO Compensation in 501(c)(3) Human Services Organizations – will help you answer all of these questions and more.
PAR's CEO compensation study is the only comprehensive, region/industry-specific study of its kind and was developed to:
- Provide 501(c)(3) organizations with reliable, regional market data that can be used to determine CEO compensation reflective of market rates;
- Help CEOs and Boards comply with IRS and other laws and regulations; and
- Assist organizations in attracting and retaining qualified, experienced chief executives.
The method your organization uses to determine executive compensation is under ever-increasing scrutiny by the IRS, as evidenced by the revised Form 990 which features in-depth questions about compensation, increased enforcement efforts and penalties assessed to nonprofits, and their indication that they will now include excess compensation analyses in every future audit they conduct.
Even if you or your organization already has previous editions of PAR’s study, you are encouraged to purchase a copy of the 8th edition (at a significant discount for PAR members) for compliance purposes. The IRS looks at current compensation data when reviewing the reasonableness of an executive’s compensation.