Seven-Figure Severance Payout to Nonprofit Leader

Tax filings reflect that Dairy Management, Inc., an Illinois-based nonprofit organization, paid its retiring leader, Thomas Gallagher, $1.7 million in retirement compensation. Dairy Management, Inc. is organized as a 501(c)(6) nonprofit organization under the IRS tax code, meaning, it is primarily supported by people and companies with an interest in a specific industry versus by … Continue reading Seven-Figure Severance Payout to Nonprofit Leader