Executive Compensation Compliance Project
March 2007
In 2004, the Internal Revenue Service, through the Exempt Organizations Office of the Tax Exempt and Government Entities Division (EO), implemented the Executive Compensation Compliance Initiative (the Project). The Project encompassed Forms 990 and related returns for tax years beginning in 2002, and was divided into three parts. This report discusses Part I, involving compliance check letters sent to 1,223 organizations, and Part II, a separate project involving examinations of 782 organizations. Approximately 10% of the examinations remain open. Part III, which was initiated based on information gathered in Part II, will be discussed subsequently, as will our continuing work in the executive compensation compliance area. Click here
