This person is responsible for making the policy decisions that will benefit the organization at the highest level. Unfortunately, according to BoardSource's research, only 27 percent of nonprofits surveyed reported that they had a written succession plan in place. Let me note, however, that Sarbanes-Oxley has suggested independent directors on for-profit boards meet more often in executive sessions, without inside directors (management) being present. But because one of the board's chief responsibilities is to assess the performance of the agency and its executive director, boards often need to discuss sensitive issues without staff present. Executive directors frequently object to executive sessions because they think that important matters necessitate input from them (and they just don't like the idea--period!). Executive Director is the term usually used in nonprofit entities; CEO (Chief Executive Officer) is usually used in for-profit organizations. When your nonprofit organization is facing a leadership transition, your Board of Directors needs time to find the best person to fill that role. The Executive Director ("Executive Coordinator") primarily raises money for the organization and focuses the organization on its goals. Reporting to the Board of Directors, the Executive Director (ED) will have overall strategic and operational responsibility for XYZ Nonprofit's staff, programs, expansion, and execution of its mission. Nonprofits that are serious about their own sustainability will also be serious about planning for smooth and thoughtful transitions of leadership - as well as making sure their nonprofit is prepared for unexpected departures. It is often the job of the executive director to keep the board informed on various legal, financial, planning, and policy, personnel issues. The EC coordinates meetings of the Coordinating Body, consisting of all Team Coordinators, and leads the strategy for the organization to achieve its mission and vision. And since it is the board’s job to provide oversight of the executive director to ensure that the nonprofit is being run well, it is helpful for the two to find a healthy balance of guidance and supervision. This non-profit executive director job description sample is the perfect platform on which to create a posting that will attract the most dedicated candidates. Both describe the highest-ranking person in the company. As a result of this change, I have a feeling there are more executive sessions being scheduled on nonprofit boards. Their executive directors may work – or at least be compensated for – less than full-time and make under $30,000 annually.
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