What is “reasonable” compensation for our pastor or founder?
Consider the following in setting a minister’s compensation: * Unique services provided by the minister. * Contribution to the organization’s growth. * Years of service * Size or membership of the organization. * Financial position of the organization. * Past compensation, i.e., underpaid in prior years? To help avoid the issue of “excess compensation” an independent compensation committee should be used to recommend or evaluate the compensation package of the leaders of nonprofit organizations.
Related Questions
- Is any particular type of evidence generally considered clear and convincing evidence of reasonable compensation for personal services?
- Where can the SPPR/C or pastor find information about the clergy compensation package sent to the church each year?
- What is "reasonable" compensation for our pastor or founder?