February 15, 2007 An annual review of the CEO’s performance can serve as a healthy check-up on the stability and strategic direction of an association. It can also keep them from running afoul of the law. Chief executive pay is drawing a red flag from the IRS and watchdog groups, who are taking a closer look at the performance and compensation of nonprofit leaders. Nonprofit experts say the new inquiry is the equivalent of Sarbanes-Oxley for the nonprofit world, with increased accountability of CEOs and boards of directors for the financial stability of their organizations. In some instances, the IRS is looking for cases of excessive pay and whether boards can justify… Read More