GuideStar Hosts Free Webinar on Best Practices in Nonprofit Compensation

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Presenters: Karl Emerson, Of Counsel, Montgomery McCracken, and Chuck McLean, Vice President, Research, GuideStar

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Best Practices in Nonprofit Compensation.

What:
Please join us for the free webinar, “Best Practices in Nonprofit Compensation.”

Who:
Host: GuideStar USA, Inc. – the leading source of nonprofit information

Speakers:
Karl E. Emerson, Attorney, Montgomery McCracken
Chuck McLean, Vice President, Research, GuideStar USA, Inc.

Attendees:

  • Exempt organizations researching compensation
  • Consultants advising nonprofits on compensation
  • Regulators examining compensation
  • Researchers studying nonprofit compensation

Live Tweeting Encouraged: @GuideStarUSA encourages you to connect with other webinar participants, submit your questions to the host and speaker, and follow the online conversation by live tweeting using the identifier #npocomp.

Where:
Space is limited! Register online today by visiting guidestar.org/news, clicking on “GuideStar Webinars,” and then “Register Now.”

When:
Tuesday, October 12, 2010
1:00-2:00 pm ET

Why:
The Private Inurement Prohibition requires a tax-exempt public charity to operate so that none of its income or assets unreasonably benefits any of its board members, trustees, officers, or employees. In an age of heightened scrutiny of the charitable sector by the IRS, Congress, and donors, it is important that a charity takes all necessary steps to ensure that it doesn't violate this prohibition by paying one or more of its employees excessive compensation.

In the first half of this one-hour webinar, attorney and former state charity official Karl Emerson will give an overview of best practices in nonprofit compensation. GuideStar's Chuck McLean will then explain how the 2010 GuideStar Nonprofit Compensation Report, the only large-scale analysis of its kind that relies exclusively on data reported to the IRS, can help you to determine appropriate executive compensation.

About GuideStar
GuideStar, http://www.guidestar.org, the premier source of nonprofit data, connects people and organizations with information on the programs and finances of more than 1.8 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.

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Lindsay Nichols
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