Hi! I’m trying to learn as much as possible and using my last employer’s 990 form as an example.
Under Part VII section A it lists the officers. I assume this is related to Board Members and the time committed and financial compensation for the time specifically related to board duties.
A few of the board members are also employees of the org, as would be expected. Their listed compensation on the 990 is zero.
Am I correct to assume that their role as a board member is separate from their role as an employee of the company? And that the reported income is zero because they do not receive any compensation for their board duties?
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