To keep talent at the top of a nonprofit, salaries climb
By DEBBIE KELLEY THE GAZETTE
Nineteen of the 35 chief executives of Colorado Springs’ largest nonprofit organizations earn six-figure salaries, according to a survey released Wednesday by Charity Navigator, the nation’s largest nonprofit evaluator.
The top 2006 salary in the group is going to David S. Chernow, CEO of Junior Achievement Worldwide, who’s making $444,128, the survey reported.
While a six-figure salary isn’t uncommon for CEOs of top companies, such compensation for nonprofit counterparts may raise eyebrows — but it shouldn’t, said Sandra Miniutti, a spokeswoman for Charity Navigator. "