Update: This event has already occurred. Please click above to listen to and view the recorded webinar, click here to view presentation materials from the event, and visit our Venable LLP Nonprofit YouTube channel to listen to and view all of our recorded webinars on nonprofit legal topics.
It is increasingly important – from the standpoint of legal compliance and public perception – for tax-exempt entities to move beyond the basics of compliance and governance and to develop greater sophistication in how the board and management work together to administer all aspects of the organization’s executive compensation program. The consequences of providing executives with excessive compensation or benefits can include adverse public perception, revocation of tax-exempt status, and substantial monetary penalties on the executives and insiders who receive (and approve) excess benefit transactions. But providing too little compensation may not attract the level of talent and experience that an organization needs to grow to its full potential and effectively carry out its tax-exempt purposes. Join us for an interactive discussion to learn more about the risks of both over- and under-compensating executives, how best to advise the board and management, how to comply with regulatory requirements, and where and how to effectively focus your efforts.
Led by some of the nation's leaders in this area on both the consulting and legal sides, this is an invaluable session you and your advisers cannot afford to miss.
Matthew T. Journy, Esq., Associate, Venable LLP
Andrew Lewis, Principal, Mercer
Julie Donnell, Associate, Mercer
12:00 p.m.-12:30 p.m. EST — Lunch and Networking
12:30 p.m.-2:00 p.m. EST — Program and Webinar