Compensation

  • Tracy Careyette, Chief Financial and Operations Officer, North Carolina Center for Nonprofits

  • Under Internal Revenue Code 4958, the IRS prohibits public charity 501(c)(3) organizations from using their income or assets to benefit private interests (e.g. an individual or a for-profit entity) in monetary or non-monetary ways. There are three categories of legal rules that govern a public charity's private benefit issues: the private benefit doctrine, the private inurement doctrine, and excess benefit transaction rules.

  • Sample Nonprofit Forms and Policies compiled by Wegner CPAs is a treasure trove of common nonprofit policies, almost all of which are available as editable Word files. Examples of templates policies include: 

  • Internship Toolkit: Planning and executing an effective internship program is an extensive dive into all aspects of creating and deploying an internship program. The toolkit lays out the basics of strategically thinking through the mutal benefits for the organization and potential intern--identifying your organization's needs, developing clear roles and expectations, and navigating HR topics that will come up in recruitment, the hiri

  • The Essential Nonprofit Employee Handbook Template (Nonprofit HR, 2014) gives an outline of what sections to include in an employee handbook and the details of what would be included under the following topical sections: 

  • The CHS Alliance's 2015 HR Audit Handbook is "designed to assess the effectiveness of an organization’s human resources and people management policies and practices. Going through a HR audit enables the organization to identify areas for improvement and priority actions.

  • Humans@Work: How to Successfully Tackle HR Challenges, a white paper published by JER HR Group, includes six separate articles written by HR professionals that cover:

  • Fact Sheet #17A: Exemption for Executive, Administrative, Professional, Computer & Outside Sales Employees Under the Fair Labor Standards Act - "The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at time and one-half the regular rate of pay for all hours worked over 40 hours in a workweek. [...] Job titles do not determine exempt status.

  • Instructions for IRS Form 1099-MISC and 1099-NEC, used in reporting Miscellaneous Income and Nonemployee Compensation. (IRS)

  • Misclassification of employees as independent contractors is found in an increasing number of workplaces in the United States, in part reflecting larger restructuring of business organizations. When employers improperly classify employees as independent contractors, the employees may not receive important workplace protections such as the minimum wage, overtime compensation, unemployment insurance, and workers’ compensation. (U.S. Department of Labor)

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