A term to know.
A benefit in a transaction to an insider of a nonprofit, which exceeds the consideration given or paid by the insider. An insider in this context is someone who has significant influence over the affairs of the nonprofit, such as a trustee, officer, and even perhaps a major donor. If private inurement exists, the nonprofit will lose its tax-exempt status (there is no de minimus standard). Inurement is considered to be a subset of private benefit, and involves the unjust payment of money to an insider. See also, private benefit, self-dealing, and excess benefit, which are similar terms, but carry different consequences.