These 12 days at 32000day would work out to 384000 or an annual stipend of 400000.

Board member salary non profit. The term reasonable however is a legal term of art that will depend on the facts and circumstances of your situation. Just like other volunteers board directors may deduct their non-reimbursable expenses for nonprofit work including mileage expense when they use their own car. To define nonprofit salary levels you need to take into account the following variables.

Often members must pay. Bylaws of the organization may prohibit or limit compensation for board members but bylaws may also be silent on this topic. The organizations bylaws specify the qualifications and the rights of members.

Also if your nonprofit has a business model that competes with for-profit organizations such as a nonprofit hospital board compensation may be appropriate. AUTHORIZED BENEFITS AND DISTRIBUTIONS. The base salary for Board Member ranges from 54602 to 87560 with the average base salary of 70899.

Here are the steps to becoming a board member. Nonprofit organizations listed eleven effective approaches to engaging board members in fundraising. The members might meet annually to vote on directors and set the goals for the year while the board of directors meets monthly to carry out those goals.

However only approximately 13 percent of non-profit corporations compensate their lead board member for services. How to become a board member of a nonprofit. 501 c3 board member compensation is not the same as it is in the corporate world where board members regularly receive a large stipend or salary for sitting on the board.

For instance according to Payscale data Executive Directors in New York earn 575 more than the national average. Salaries vary depending on the state and the city youre located in because of the cost of living. Start by considering organizations you have a connection with like places you volunteer or schools youve attended.