Governance, Pay Dissected in New IRS Form 990
Trade associations may have to answer more questions from the IRS about top executive pay and governance issues when filing taxes in the future. The IRS has created a new, longer and more comprehensive draft of the Form 990, the tax document used by nonprofit charities, foundations and trade associations.
Read MoreAeA CEO to Retire
AeA CEO Archey to Retire; Korn/Ferry has Search The Board of Directors of electronics industry association AeA announced that president William Bill T. Archey plans to retire in Feb. 2008 after 13 years at the helm. Recruitment firm Korn/Ferry International is handling the search for his replacement at the $16.9 million revenue group.
Read MoreNAACP to Close Offices, Cut Staff
The NAACP said Friday it will no longer dip into its reserves to cover costs and budget shortfalls, but may close regional offices and cut staff positions to stay solvent. The Baltimore-based civil rights organization said it hasnt determined a time frame to make the changes, but essentially the staff will be reduced to 70 members from 119.
Read MoreProfile: Connie Tipton, IDFA
Ive always felt that I had to work a lot harder to prove myself says Connie Tipton, from her corner office at the International Dairy Foods Association. Shes been in that office for three years, and spent another 23 working her way there, first as an upstart administrative assistant, to communications, lobbying and senior leadership roles in the trade group.
Read MoreASAE Board Approves Governance Changes
Responding to a comprehensive governance study and members input, the ASAE board of directors approved changes to their governance structure at a May 10 meeting, unanimously agreeing to reduce its size and conduct a power shift from the executive committee members to the board. The [Governance] Task Force decided the board should be the primary governance vehicle, said John H. Graham IV, CAE, president and CEO of ASAE.
Read MoreCompetition for Finance Pros Squeezes Nonprofits
Job seekers with financial and accounting experience can write their own ticket into nonprofit and private sector positions in the Washington D.C. metro area. The five-year-old Sarbanes-Oxley Act and the expansion of government contracting have led to job growth for professionals with auditing and accounting experience, as many firms work carefully to stay in compliance with the law.
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