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Can Nonprofit Board Members be Paid?

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Boss on a Budget - Build a Strong Nonprofit

Can nonprofit board members be paid to serve on the board of your nonprofit organization? In this video, I break down the answer to this question in this video and offer a specific answer for new and small nonprofits because the answer may differ.

*NOTE: Some states do not allow board members to be paid.

In this video I break down why some nonprofits want board members to be paid, and how to think about it if you're just starting out.
I also offer explanations of the difference between board members and staff members and how to distinguish the two, depending on the phase of your organization's development. I also talk about strategies to get paid as a nonprofit founder.

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TO LEARN HOW TO START A NONPROFIT, DOWNLOAD MY FREE NONPROFIT STARTUP CHECKLIST: https://rebrand.ly/npchecklist
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FOR HELP FORMING YOUR NONPROFIT THE RIGHT WAY, USE MY NONPROFIT STARTUP WORKBOOK: https://rebrand.ly/npstartupworkbook

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★☆★ Read my blog on becoming a nonprofit:
https://www.bossonabudget.com/blog1/...

To see the IRS Form 1023: https://www.irs.gov/formspubs/about...

To see the 990 form: https://www.irs.gov/formspubs/about...

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★☆★ FREE RESOURCES FOR YOUR NONPROFIT ★☆★
https://www.bossonabudget.com/freeres...

posted by ajuasdy