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mmphoto412 t1_ixn701m wrote

Reply to comment by pAul2437 in Pittsburgh's largest nonprofit is concerned that its profits are down by thanxhaveagood1

Those are all transparency measures, and measures to prevent one or a few people from making compensation changes unilaterally.

Nothing in there would prevent what us normies would consider “excessive compensation “

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pAul2437 t1_ixn8b1d wrote

your definition of excessive compensation is made up and based on your feelings. Which is fine

Those are literally IRS guidelines and there are penalties for noncompliance

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mmphoto412 t1_ixndy6b wrote

Cute…

There nothing in those guidelines to prevent excessive compensation. It’s about have an established process to set executive compensation.

Btw the “maket rate” you keep referring to is set by themselves. There are probably only dozen or so health companies at the same size.

Btw, a guideline is suggestion to on how to do something. It’s not a law, it’s not a binding regulation, it’s not enforceable

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pAul2437 t1_ixngiax wrote

“Funders, regulators, and the IRS have also taken action to curtail high salaries in the nonprofit sector by instituting numerous penalties and accountability measures. As a result, nonprofits must approach executive compensation with a strong focus on compliance.”

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