Thursday, October 05, 2006

Gazette.com-Charities tread line between services, pay

Gazette.com: "Charities tread line between services, pay


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. "

2 comments:

Anonymous said...

In order for non-profits to get top notch employees they must pay them what they are worth. The non-profit sector is growing in profesionalism. MPA programs are growing and as someone who is in an MPA program, I want to be compensated appropriately.
Victoria

Reed Stockman said...

Thanks for your comments.
Reed