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Employment of Executive Director by a Nonprofit Corporation

Dallas Texas Employment of Executive Director by a Nonprofit Corporation

Name: Dallas Texas Employment of Executive Director by a Nonprofit Corporation
Brand: US Legal Forms
Rating: 4.84 (482 reviews)

Category:

Employment - Agreements - Nonprofit

State:

Multi-State

County:

Dallas

Control #:

US-00643BG

Format:

Instant download

Description

The relationship of an employer and an employee exists when, pursuant to an agreement of the parties, one person, the employee, agrees to work under the direction and control of another, the employer, for compensation. The agreement of the parties is a contract, and it is therefore subject to all the principles applicable to contracts. The contract may be implied. Most employment contracts are implied oral agreements. In this type of arrangement, the employer is accepting the services of the employee that a reasonable person would recognize as being such that compensation would be given to the employee. The contract will often be an express written contract. In other words, the duties of the employee will be specifically set forth in writing in the contract. The attached form is a sample agreement between a nonprofit corporation and an executive director.

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FAQ

Elected by the board. Two or more offices may be held by the same individual, except the president may not also serve as secretary or treasurer.

A nonprofit can have a president/CEO and an executive director if the organization maintains a specific structure. For example: President/CEO who has full authority for operations. Board with a volunteer chairperson.

Both refer to the highest-ranking executive of an organization or corporation, holding many of the same responsibilities. An observable difference, however, is that the title Executive Director is most commonly used in nonprofit organizations, while CEO is a well-known term for the head of a for-profit company.

Nonprofits should assess their unique situation to determine whether the organization should be headed by an Executive Director versus a CEO. The size of the organization is a factor but, with no set standard for categorizing a nonprofit's size, the decision is ultimately a subjective one.

For small and mid-sized nonprofit organizations, the average term for an executive director or CEO is about six years. With sufficient time and preparation, these transitions can be positive events that make an organization stronger, even when the transition involves replacing a successful executive director.

Compared to the duties of a president/CEO, the duties of an executive director range much more widely on a management activity scale. Some executive directors are simply clericals while others are sophisticated senior executives.

The Executive Director is responsible for overseeing the administration, programs and strategic plan of the organization. Other key duties include fundraising, marketing, and community outreach. The position reports directly to the Board of Directors.

A nonprofit can have a president/CEO and an executive director if the organization maintains a specific structure. For example: President/CEO who has full authority for operations.

Election or Appointment of Executive Directors Regular elections of Executive Directors are held every two years at the time of the Annual Meetings. The rules adopted for each regular election are approved in advance of the election by a majority vote of the Boards of Governors.

More info

The course is designed for first time directors or aspiring directors considering taking a position on a not-for-profit board. Tax-exempt organizations may submit up to ten postings a month, free of charge.18 open jobs for Nonprofit executive director in Irving. The CEO's job is like no other in the organization. At the helm of a nonprofit organization is the executive director, carrying out the mission according to the strategic direction of a board of directors. If the provider is an organization, this is the legal business name. Human Resources Executive at Trinity Regional Hospital Sachse Dallas-Fort Worth Metroplex. JT Kostman, Ph.D. Director, People Equity Solutions, Metrus Group.

Dallas Texas Employment of Executive Director by a Nonprofit Corporation

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Can the president of a nonprofit also be the secretary?

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