How much does your favorite charity CEO make a year?

[joshh]

http://taxdollars.ocregister.com/2010/09/03/multi-million-dollar-paydays-for-a-few-nonprofit-executives/63789/

The most highly-paid nonprofit CEO in America is New York Philharmonic exec Zarin Mehta (left), bringing in $2,649,540, according to the newest CEO compensation survey by nonprofit watchdog Charity Navigator.

Coming in at No. 2 is New York’s Museum of Modern Art exec Glenn D. Lowry, at $2,447,882.

Of the more than 3,000 nonprofits examined in the 2010 report, Charity Navigator found that only 121 pay their CEOs more than $500,000 a year. Many on that rarefied list are the heads of universities, research institutes and high-profile arts organizations.

The median nonprofit CEO pay is a rather sober $147,243, according to the report. But that varies by region of the country, the amount of money the nonprofit spends annually, and its mission. (More on that in a minute.)

Weighing in at No. 1 in California, and No. 8 nationwide, is University of the Pacific’s Donald DeRosa (below, right), at $1,229,479.

And at No. 2 in California, and No. 14 nationwide, is The Scripps Research Institute’s Richard A. Lerner, at $1,024,776.

From 2010 keep in mind.


While I'm a Capitalist some of these salaries are fucking ridiculous. I have mixed feelings on this though as these people are running multimillion dollar charities.

The vast majority of these charity CEO's make less than 500k a year. And that I'm fine with.

Opinions?

[Dozyproductions]

Huge salaries for nonprofit orgs kind of takes away the fundamentals behind a nonprofit. But then again, if you need the talent and no one will bite the bullet to do what they think is right, then you're going to have to saddle up and pay top dollar.

[mrsleeve]

Huge salaries for nonprofit orgs kind of takes away the fundamentals behind a nonprofit. But then again, if you need the talent and no one will bite the bullet to do what they think is right, then you're going to have to saddle up and pay top dollar.

this is about how I feel about it as well. Kind disgusting for the payroll of one guy at a charity to be mid 6 figures and up though

[Joe G]

My mom works at a non-profit (American Heart Association) and busts her ass. Long days, night events, weekends, etc... and she receives so-so benefits and shitty vacation. She earns a very modest salary (sub 60k) and lives in one of the most expensive regions of the county, Long Island. Its very displeasing to see that some CEOs are making millions while others (like my mom) are making such a modest salary and putting in crazy hours and a lot of effort.

[Rsully70sev]

People take the term "nonprofit" way too literally. The biggest difference between a NPO and other corporations or LLC's is that they do not issue stock, and they don't distribute their surplus to owners or shareholders. Their retained earnings can only be used to reinvest in the business for self preservation, expansion, etc. While the main goal is not supposed to be profit, how can they limit their fiscal revenue?

Also, another abstract area of NPO's is that they are supposed to pay the exec's a "fair" salary. Who gets to define the term fair? The owner of Tom's shoes pulls in a six figure salary and is worth millions. Same with the I <3 boobies charity, six figure salary while claiming to run a charitable organization. It's a marketing scheme, people love feeling like they are doing something good for the general population, and these exec's are taking advantage of that good nature. If they were really firm believers of their "charity" then they WOULD pay eachother a fair wage (100k?) and donate the rest.

But I'm not one to hate, these people are geniuses. I'm jelly. Capitalism at it's finest.

[CorvallisBMW]

I'd HATE to see what joshh has to say when he learns most private CEOs make 1000% more than that.... it's ludicrous I tell you!!

/sarcasm

[gwb72tii]

how about $720,000?

http://bojack.org/2011/10/not_in_the_99.html

[joshh]

I'd HATE to see what joshh has to say when he learns most private CEOs make 1000% more than that.... it's ludicrous I tell you!!

/sarcasm

You and Z31 are kings of the cry baby posts. But again you fail to see the whole point..."non-profit"....you'd think these CEO's would take a smaller salary considering the organizations they work for. Isn't that the whole point.

[joshh]

how about $720,000?

http://bojack.org/2011/10/not_in_the_99.html

Read about that one a while ago. Goodwill here is not exactly cheap as they say.
But i do think the amounts they pull in and the amount of work should of course be factored in when paying these CEOs.
A few of these CEOs get away with it because of the PR aspect of the non-profits.

[assoutE12]

it seems like all the ones making more than a million a year are not really charities per se.

[Vdavie]

Any of you ever work biz to biz with npo? Its a freakin nightmare! No sense of urgency, a hell of a time getting paid on time and not dealing with the sharpest folks on the block. We no longer will do biz with them..to much trouble.

Vince

[BraveUlysses]

how about $720,000?

http://bojack.org/2011/10/not_in_the_99.html

Pretty awful. Never donating to Goodwill again.