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Posted On: 06/02/2023 2:30:24 PM
Post# of 6857
UNVC:
For the simple facts he can get paid, they can get paid also being a BOD
The bottom line is that non-profit founders and employees are paid from the gross revenues of the organization. These salaries are considered part of the operating costs of the organization.
How much can I pay myself from my non-profit?
There is no hard and fast rule for how much a nonprofit employee can make. The IRS offers guidelines, but not regulations. There are a lot of variables, including your organization's size, net income, and location.
Quote:
If doc is what they say he is why would he have so many non profit organizations lol.
For the simple facts he can get paid, they can get paid also being a BOD
The bottom line is that non-profit founders and employees are paid from the gross revenues of the organization. These salaries are considered part of the operating costs of the organization.
How much can I pay myself from my non-profit?
There is no hard and fast rule for how much a nonprofit employee can make. The IRS offers guidelines, but not regulations. There are a lot of variables, including your organization's size, net income, and location.
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