Starting a nonprofit: What is the difference between Executive Director and Board Chair

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  • Опубликовано: 4 авг 2024
  • Are you starting a nonprofit but confused about the different titles, and the differences between the board and staff? You're probably wondering: Can the board be staff? Can board members be paid? Who should serve as the chair? Can the nonprofit founder be the Board chair? Can you be a board chair and the executive director?
    In this video, I'm sharing the difference between the Board chair and the Executive Director of a nonprofit.
    I also share 3 main differences:
    00:00 Introduction
    2:36 Where they sit in the organization
    4:19 Responsibilities
    6:59 Compensation
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Комментарии • 7

  • @TatumVayavananda
    @TatumVayavananda 2 года назад +1

    Thank you so much for what you do! I recently got elected to be the Treasurer of a non-profit 501(c)(3) and your videos have been amazingly helpful! I had a quick question (I don't know if you take questions but I hope you do): I'm reading up on Unrelated Business Income Taxes (UBIT) - does this apply to even small NFPs? This one I am currently in files a Form 990-N, with gross receipts less than $50K. I would super appreciate if you could answer that question!

    • @BossonaBudget
      @BossonaBudget  2 года назад

      Thanks for watching! I’m definitely not an accountant so I would reach out to one to learn more but my read is that you still have to file if you’re making more than $1000 from that activity.

  • @jaytrump2537
    @jaytrump2537 2 года назад

    God bless

  • @lumengomcghee7331
    @lumengomcghee7331 2 года назад +2

    What about a CEO

    • @kw1283
      @kw1283 2 года назад

      that is the executive director

  • @atmferret
    @atmferret 20 дней назад

    Can a founder be on the board and be the executive director?

    • @BossonaBudget
      @BossonaBudget  16 дней назад

      Yes, usually people call them an ex officio member, but they don’t usually have full voting rights in that role