Our executive director earns only $75,000 a year. Do we have to list the person and the salary on the Form 990 or do we only have to list people earning more than $100,000?
You have to list the executive director and the salary. The instructions to the Form 990 clearly provide that you must list the salary of all current officers, directors and employees, “regardless of the amount of compensation.” The Instructions also provide that the person who serves as the “top management official” must be listed, whether or not actually an officer under the bylaws. The top management official is the individual who has “ultimate responsibility for implementing the decisions of the governing body or for supervising the management, administration, or operation of the organization; for example, the organization's president, CEO, or executive director.”
The Instructions also require that you treat the “top financial official” as an officer as well. The top financial official is “the person who has ultimate responsibility for managing the organization's finances; for example, the organization's treasurer or chief financial officer.”
The Instructions further provide that if more than one person shares the top duties, you have to list them all.