MN HF786

Raises the threshold for disclosing the five highest paid directors, officers, and employees from $50,000 to $100,000 in total compensation.

Redefines "compensation" for reporting purposes as the total amount reported on Form W-2 (Box 5) or Form 1099-MISC (Box 7) issued by the organization and related organizations.

Requires separate reporting of fringe benefits and deferred compensation as a distinct line item for each person whose compensation must be disclosed.

Aligns state charitable organization reporting requirements with federal tax form definitions to ensure consistency between federal and state compensation disclosures.