CORE Series: Best Practices for Setting Reasonable Compensation Based on IRS Guidelines WEBINAR
Overview
This session will discuss the risks associated with overcompensating employees in the nonprofit industry, as well as best practices for setting reasonable employee compensation. The focus will be on executives and highly compensated employees, but the principles apply to all employees. We’ll review the components of the “rebuttable presumption of reasonableness”, including the compensation review process, identifying and evaluating comparability data, and documenting the process and outcome, with a focus on how each nonprofit organization can protect itself, its board members, and its employees.
Highlights
Reasonable employee compensation in the nonprofit industry.
Prerequisites
None.
Designed For
CPAs, board members, and executive leaders.
Objectives
Discuss the risks associated with overcompensating employees in the nonprofit industry.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Kurt Bennion, Director, Health Care, CliftonLarsonAllen LLP (Bellevue)
Kurt Bennion is a health care Director at CliftonLarsonAllen with nine years of public accounting experience. Kurt specializes in the tax and exemption issues facing tax-exempt organizations in the health care industries. His clients primarily consist of hospitals, health systems, assisted living organizations, and senior living organizations. Currently, Kurt is focusing on helping hospitals exempt under Section 501(c)(3) understand and comply with the Section 501(r) requirements, including the Community Health Needs Assessment, the Financial Assistance Policy, and related policies.
Non-Member Price $60.00
Member Price $40.00