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May a Nonprofit Corporation Pay Compensation to its Officers, Directors and/or Employees?

Yes, a Nonprofit Corporation may pay a reasonable salary to its officers, directors and/or employees for services rendered to the Nonprofit Corporation and associated to its exempt purpose.

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Related posts:

  1. How many Directors or Officers are Nonprofit Corporations required to have?
  2. What is a Nonprofit Corporation?
  3. What are the Differences Between Officers, Directors and Shareholders?
  4. What Steps Need to be Taken to Form a Nonprofit Corporation?
  5. Can a Nonprofit Corporation Make a Profit?

This entry was posted on Monday, February 4th, 2008 at 6:33 pm and is filed under Nonprofit Corp FAQ.

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