Part VII of Form 990 lists compensation for current and former directors and key employees. Part VII, Column D, lists W2 income for employees and regular monthly payments for directors. (It may also include taxable lump-sum payouts of retirement plans for retiring employees.) Part VII, Column F, lists other benefits such as insurance and retirement benefits, which are not take-home pay. Also included here is the annual change in the value of retirement accounts. For example, on a year when the stock market performs well, or interest rates change, this number can be significant; however, this does not represent money paid to the employee, but rather a change in the value of their retirement account for the year.
