In a letter sent to the Internal Revenue Service last week, ASAE continued to lobby for changes to the Form 990, the tax document used by nonprofit charities, foundations and trade associations. The letter is the group’s latest attempt to limit public disclosure of employee compensation for professional societies and trade associations, this time through comments on the instructions that accompany of the form. “Our only two big issues at this point are limiting ‘key employees’ and the definition of independence [for board members],” said Jim Clarke, ASAE’s senior vice president of public policy. The IRS released a new version of the Form 990 last December and is currently… Read More