Requires nonprofit entities who receive grants or other funding, to provide a detailed list of their ten highest paid directors, officers or employees’ salaries and benefits, including the names of said individuals.

Plain-English Summary

This bill would require nonprofit organizations that receive grants or other funding from the state of Rhode Island to publicly disclose detailed compensation information about their highest-paid employees. Specifically, these nonprofits would need to provide a list of their top ten highest-paid directors, officers, or employees, including each person's name, salary, and benefits package.

The bill affects any nonprofit organization that accepts state grant money or other state funding. In practical terms, this means that if a nonprofit wants to receive taxpayer dollars from Rhode Island, it must be willing to show the public exactly how much its top leaders and employees are being paid. This information would need to be reported in detail, not just in broad categories.

The goal of this type of legislation is generally to increase transparency and accountability around how public money is being used. Taxpayers and state officials would be able to see whether the funding they provide to nonprofits is going toward programs and services, or whether a significant portion is being paid out as compensation to top staff. Nonprofits that do not receive state funding would not be affected by this requirement.

The bill has been introduced in the Rhode Island Senate and referred to the Senate Judiciary Committee, where it will be reviewed before any further action is taken.