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The five highest compensated is required. It’s not optional. You have to put the 5 people that make more than $100k and are not elsewhere on Part VII as an officer or key employee. You also have to list former officers if they were active in the five previous years and are paid over $100k in...

So I would point out a couple of things. 1) They completely overhauled the 990 in 2008 (maybe 2009?). I am not sure if the definitions changed, as well. 2) It is insane how much salaries went up from then to now. Look at Shalala vs. Frenk. And people wonder why there are complaints about...

Yea, it would 99.9% still be a W-2 issued by the school to the person, unless the Hurricane Club or similar paid the person directly. But if someone donated to the school and then the school paid the coach, physician, teacher, then the school is still considered the paying entity and would...

The very legal answer is it depends. But the short answer is yes they could. There are a lot of situations where people are paid by multiple legal entities within the same organization, or where they are allowed to do work outside of their employment.

I’ll start this by saying 990s are the core part of my job and career. I work at a large 501c3 and prepare them in house and worked at a Big 4 accounting firm before in their exempt orgs group. So to answer number 1. The people listed as compensated from athletics are under the five other...

He would show up if Miami considered him a key employee or he was one of the top 5 other highest compensated individuals. The second group will be physicians, coaches, etc. and certainly earn more than him. Unless the athletic department takes up 10% or more of the school’s activities, income...