Can Nonprofit Founders Take a Salary?

Can nonprofit founders take a salary? If you are a nonprofit founder, you may be wondering how you can be compensated for the work you're doing for your nonprofit. If you are starting a nonprofit organization, you may eventually want to get to a point where you can pay yourself or pay other staff members. So watch this video if you want to know how to pay yourself.

In this video, I quickly answer the question: can nonprofits take a salary but I also go into more considerations you need to think of when starting a nonprofit. Some considerations include the difference between board directors and staff, and if you are employing staff vs. independent contractors. The video helps you understand how nonprofit founders get paid.

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[oceanbreeze]

The board chair and executive director are the same person for many startups. I never "transitioned" to be a staff member. I was the founder, board chair, and functioned as the director for a long time with no pay. Eventually I got a part-time salary as the director. I put so much sweat into the organization. I am not about to hand board seats over to other people just to possibly be fired one day. I feel like these people on YouTube just did a lot of googling and don't know much about the reality of it themselves. If you're a small startup, you do not need to leave the board to be paid. Most small nonprofits have a founder, board chair/president, and director who are all one person.

[mackaroni]

Thank you for all of your video. You represent the DMV well!

[cotepj]

Wow - brilliant. So many answers in 10 minutes to months and months of questions. Thank you

[AbbyOlurinDames]

This was great! I'm going to go and watch the video for board compensation now. Are you on LinkedIn too?

[investintheyouthorganizati]

Thank you for the video. I would like to transcend into the ED but the funds are not agreeing, we're new as of 5/2020 so still trying to figure the funding a np

[fiestadancers]

Do I need a board for non-profit startup?

[vrushalilengare]

In that case it's best if I stay out of the board from the beginning and take a contractor or employee position and get paid right?

[sacredmorningcoffee]

What if you don't want to be on the board from the start of your non-profit

[ToneRulez]

I’m a bit confused still.

I want to start an adult day program. I would be on the board. First I will have to do work to get it going to eventually I’ll have enough clients and have an income to support staff. From there I wish to transition to full time board and oversee all that operates within this program. I can’t get paid as being on the board?

[pennykirksey]

How can I get in contact with you? I need to ask some questions that is very important