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Nonprofit Directors and Officers – Not the Same Thing ...
- https://nonprofitlawblog.com/nonprofit-directors-and-officers-not-the-same-thing/
- May 14, 2019 · For many nonprofit corporations, the officers are also all directors. And sometimes, these individual are only elected as officers and wrongly assumed to have been also elected as directors. As a result, if the presumed directors are not duly elected directors (and not ex officio directors), corporate actions thought to have been adopted by the board may not have been duly adopted.Estimated Reading Time: 6 mins
Nonprofit Law Jargon Buster “ Directors and Officers ...
- https://charitylawyerblog.com/2013/11/22/nonprofit-law-jargon-buster-directors-and-officers/
- Nov 22, 2013 · Three of the most common elected or appointed nonprofit officer positions are: (a) a president, (b) a treasurer, and (c) a secretary. The Bylaws will state whether an officer has to be a member of the Board.Estimated Reading Time: 6 mins
Exempt Organizations: Compensation of Officers Internal ...
- https://www.irs.gov/charities-non-profits/exempt-organizations-compensation-of-officers
- Feb 02, 2021 · An exempt organization (EO) may have officers such as a president, vice-president, secretary, treasurer, and CEO (chief executive officer). As used here, the term officer includes anyone who holds a position of trust, authority, or command within an organization. The Internal Revenue Code defines corporate officers as employees for FICA, FUTA, and FITW purposes.
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