Carrying out these duties as the Secretary is crucial to the smooth functioning of all nonprofit corporations. The role of the Secretary is vital to
Starting a nonprofit
Beginning January 1, 2020, updated salary thresholds for overtime will become law, resulting in over 1 million Americans becoming eligible for overtime pay through the
The main potential problem areas for nonprofits regarding private inurement are: 1) Compensation agreements for executive employees or trustees; 2) Business relationships with entities in which an organization insider or insider’s family member has an interest; and 3) Benefits paid to an insider or a member of the insider’s family as a member of the charitable class the organization serves. Fortunately, there are steps that non-profits can take to ensure these improper benefits do not occur.
In July 2019, the Arizona State Board for Charter Schools (Board) approved several measures designed to make the charter schools it sponsors more transparent to the public. The Board also approved an implementation plan that will require all of the charter schools it sponsors to adopt these new charter school transparency requirements for fiscal year 2020.
Many nonprofits question whether they should use an offer letter or employment agreement for new employees. Understanding the general use of each type of contract
You’ve decided to incorporate – congratulations! This is a big step in any non-profit business venture. When you’re finished, your organization will officially exist as a