Author: Joe Giso, CPA, MST
Would imposing pay limits make it difficult for non-profits to hold onto top-tier executives?
All over the country, state legislatures are putting forth proposed regulations to limit the salaries of CEOs of non-profits. Though states differ on the caps they are trying to impose, they agree on the message that non-profits are “charitable” organizations and therefore non-profit executives should “volunteer” a portion of their compensation via discounted salaries.