Nonprofit Managers

Nonprofit Board Members & Managers – Are you aware of the Federal Intermediate Sanctions Act?

Nonprofit Board Members  & Managers – Are you aware of the Federal Intermediate Sanctions Act?

 

I have been surprised by the number of people, holding nonprofit board and management positions, who are totally unaware of this piece of legislation. (IRS Code – Section 4958)

The act applies to nonprofit organizations.  As I understand it, the act states (more…)