Quote:
Originally Posted by brianp-beme
Indeed, but at least a dozen of their CEO's make a pretty decent living profiting from the Non-Profit:
The CEO's of the 12 largest Goodwill organizations received $370,000-$900,000 annually in compensation with the average being $650,000. If the 155 Goodwill organizations paid the CEO this average compensation, then Goodwill spent more than $100 million on CEO compensation in 2022.
Brian
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Same is true of almost every large non-profit unfortunately. Of course why would you take a massive job like that in a non-profit WITHOUT big compensation when you could take a similar job in the private for profit sector and make a lot more. Welcome to capitalism. The Non-profits don't have much choice in executive compensation unless they can find saints or morons, neither of whom is qualified to run a large-scale enterprise. However calling Goodwill a for-profit enterprise is simply factually wrong.