Following up on the 400 questionnaires sent out to colleges and universities under its College and Universities Compliance Project, the IRS has announced that it will conduct audits of 40 of those schools, with a particular emphasis on executive compensation. As noted in our earlier posts on this subject, this activity by the IRS follows on the heels of a similar project examining nonprofit hospitals.
Lawrence Associates will present a two-part program “Will Your Nonprofit’s Executive Compensation Withstand Scrutiny by the IRS, Public and Media?” including an overview, strategies and responses. We will be joined by Richard Lucash of the law firm McCarter & English. The webinars will be run on January 27 and February 24, 2010 at 1pm EST. Registration is free using the comp code at our web site.
Wednesday Webinars is a series of free one-hour educational offerings by experts in nonprofit management. Most presentations have been offered at nonprofit conferences, and all are aimed at providing professional development opportunities for senior staff and trustees of nonprofit organizations
The blog FierceHealthcare (www.fiercehealthcare.com) reports that “More than 100 executives at Kettering Health Network, named by Thomson Reuters as one of the top 10 U.S. health systems, had their pay frozen.”
