Interest Group
Employee Benefits & Executive Compensation Interest Group
How Exempt Organizations Can Stay Current in Executive Compensation Strategy and Defense Employee
Exempt healthcare organizations are under increased scrutiny by Congress, the IRS, state attorneys general and the media, and are being asked to show why their tax-exempt status is deserved. Executive compensation practices continue as a central focus of controversy. Critics charge that boards and compensation committees must exercise greater independence and oversight in recruiting and compensating top executive talent. Nonprofit hospitals have been the subject of IRS audits, surveys and compliance checks; Senate Finance Committee hearings and investigations; GAO and "think tank" surveys/reports; and a constant flow of negative media reports. Charity reform legislation has recently been enacted in some states, with promises of more to come. The panel will address where these developments may be leading, and how exempt healthcare organizations should respond, as well as other emerging developments in executive compensation, including the status of IRS compensation examination and enforcement programs, what these programs have uncovered and lessons that can be learned, the new wave of planning techniques for compensation, incentive compensation and executive benefits, an examination as to whether "SERPs" are actually abusive and how organizations are providing retirement supplements, and trends in internal and external executive compensation disclosure, including reporting executive compensation on Form 990.
