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Key takeaways from Candid’s 2021 Nonprofit Compensation Report

Candid

The District of Columbia has the highest median executive compensation at $174K, followed by New York ($152K) and Massachusetts ($143K). Documenting the decision-making process at the time it approves the compensation. . Basing its decision on comparability data obtained before the compensation is approved. .

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3 Key Compliance Reminders for 2021 and Beyond

Bloomerang

Compliance is fairly straightforward on the federal level, but according to Labyrinth’s overview on state filing requirements , processes at the state level vary and can change quickly. While achieving compliance can be a frustrating and time-consuming process, it’s not one that you can overlook or avoid. State tax exemptions.