(2) A director, trustee, officer or employee of an organization claiming exemption is not entitled to receive directly or indirectly any pecuniary profit from the operation of that organization, excepting reasonable compensation for services in effecting its purposes or as a proper beneficiary of its strictly benevolent or charitable purposes;.

For the purposes of this subparagraph, "reasonable compensation" means compensation levels falling within the salary ranges pertinent to the employment and compensation classifications listed in a publication of the Department of Labor that lists Maine occupational wages.__With respect to benefits, the standard of "reasonable compensation" is met if the aggregate value of all benefits, perquisites, bonuses and other employee incentives do not exceed 30% of the aggregate salary provided to all compensated directors, trustees, officers, employees and agents of the organization;

(4) The Between January 1st and April 1st of each year, the institution, organization or corporation claiming exemption under this subsection shall file with the tax assessors upon their request and cause to be published in a daily newspaper of general circulation in the community a report for its preceding fiscal year in such detail as the tax assessors may reasonably require, including at a minimum: a description of the actual charitable services provided by that organization; a demonstration of how that organization publicizes the availability of the charitable services it provides; a breakdown of the sources of the resources used by the organization to provide the charitable services, including both private contributions and federal, state and local revenues; tax expenditures; and such accounting as may be necessary to calculate the total value of unreimbursed gifts to the community, the region and the State, as applicable;

Sec. 6. 36 MRSA §652, sub-§1, śL, as enacted by PL 1977, c. 487, is repealed.

Sec. 7. 36 MRSA §652, sub-§1, śM is enacted to read: