New ‘faith-based’ compensation database

BVWireIssue #61-3
October 17, 2007

The Evangelical Council for Financial Accountability (ECFA) has just launched a new and “no cost” executive salary comparison tool.  Available at the ECFA website, the database provides compensation information for top positions in nonprofit organizations and churches, including breakdowns by position, revenue, and type of organization as well as four geographic regions.  The figures are derived from CPA-audited, annual financial statements, which make them “much more accurate than a random survey,” according to ECFA president Ken Behr.

 "We are very excited about this new technology for two reasons," Behr says. "First, the salary search is a report of actual data-comparison based on information submitted by our members and verified by our field review staff.  Second, this tool is especially timely, as the IRS continues to aggressively audit nonprofits organizations for excessive compensation."  There is no charge for the compensation data; however, you will be required to register before acquiring access.

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