Monday, October 28, 2024
4:30-5:30 p.m
45-F. Executive Compensation: One Community’s Journey
Several years ago, Immanuel Lutheran Communities, a life plan community in Kalispell, MT, identified executive compensation as a critical part of its planning for the organization’s future. This session will share the community’s compensation journey, including initial research and exploration, articulation of a compensation philosophy and plan, and development of a compensation administration system. Presenters will update you on executive compensation guidelines for tax-exempt organizations, the steps involved in creating an executive compensation system, and the challenges you may encounter. They will also share their thoughts about the importance of including executive compensation in your organization’s strategic plan.
- Rebecca Timis, Director of Human Resources, Immanuel Lutheran Communities
- Cathy Schweiger, Director, Health Care and Life Sciences, CLA
- Jason Cronk, Chief Executive Officer, Immanuel Lutheran Communities
- Callie Langohr, Board Chair, Immanuel Lutheran Communities