ON DEMAND - Understanding Intermediate Sanctions and its Impact on Nonprofit Compensation



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Topic: Understanding Intermediate Sanctions and its Impact on Nonprofit Compensation
Duration: 90 minutes

Summary: This webinar will focus on the recent Intermediate Sanctions IRS regulations facing nonprofit organization and the proactive measures that you can take to ensure that your organization is in compliance, and that positions are not paid at such a level to be determined in excess of “reasonable compensation”. Intermediate Sanctions allow the IRS to impose excise tax penalties on both organization leadership and board members involved with the excessive compensation (including HR managers).

Participants will learn: By participating in this webinar, participants will gain a thorough understanding of intermediate sanctions regulations, how they apply to you, and what you can do to protect yourself and your tax-exempt organization, including:

  • The history and key points of intermediate sanctions regulations
  • The determination criteria for disqualified persons
  • What determines an “excess benefit”
  • Reasonable compensation factors for nonprofit organizations’ executives
  • Penalties for noncompliance
  • The "Safe Harbor" approach to intermediate sanctions
     


Who should attend:
HR Managers and Departments
Operations Management
Executive Directors

Course Level: Intermediate*

*Note from OK Faculty: Everyone could benefit from understanding these regulations, regardless of their compensation level of expertise.

Cost: $44.99 - Click here to purchase Understanding Intermediate Sanctions and its Impact on Nonprofit

OR

$89.99 -Click here to purchase Understanding Intermediate Sanctions and its Impact on Nonprofit which includes a copy of the 2011/2012 National Wage & Benefits Report (Value of $49.95)


Presenters: Phil Blount and Barbara Mackintosh, Phillip Blount & Associates

Faculty bios:

Phil Blount is President and founder of Phillip Blount & Associates, a HR management consulting firm founded in 1996. He began his career with a Fortune 250 industrial organization in accounting, human resources and line management. He then spent the next 15 years with the Hay Group where he was Vice President and Managing Director of the firm’s operation in the Southern United States, and served on the North American Strategy Committee. Phil holds a BBA in accounting from the University of Georgia and a MBA in management from Georgia State University and is a recipient of WorldatWork’s Lifetime Achievement Award.


Barbara Mackintosh is Manager of Consulting Services for Phillip Blount & Associates. Barbara is currently involved in an on-going variety of human resources consulting projects including base compensation design, incentive design, executive compensation, assessment and training, performance management, and organizational effectiveness. She holds a Bachelor degree in Psychology from the University of Georgia and Masters degree in Industrial/Organizational Psychology from UNC-Charlotte. Barbara is an active member of the Society of Human Resource Management, WorldatWork, Atlanta Area Compensation Association, and is a Certified Compensation Professional.



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