Skans » 03 Apr 2025, 7:13 am » wrote: ↑
The profit in non-profits goes to salaries. That's how they get the money out of the company.
Heck, if you look at ANY small business, they do exactly the same thing. They funnel all net revenues out in payroll. Rarely do small companies declare and pay profits out in the form of dividends.
So, in essence, there is little real difference between a non-profit and a regular small business. Except, non-profits extort money from its sources and pays it out for corrupt activities.
Name: Selwyn Vickers, M.D.
Title: President/CEO
Charity: Memorial Sloan Kettering Cancer Center
Compensation: $5,787,159
Fiscal Year: 12/31/2023
Note: Includes $2,458,333 bonus & incentive compensation.2
Name: Kathryn Martin
Title: Past COO
Charity: Memorial Sloan Kettering Cancer Center
Compensation: $4,762,491
Fiscal Year: 12/31/2023
Note: Includes $3,043,618 bonus & incentive compensation and $1,117,022 severance pay.3
Name: Robert W. Stone
Title: President/CEO
Charity: City of Hope & Affiliates
Compensation: $4,559,374
Fiscal Year: 09/30/2023
Note: Includes $2,208,096 bonus & incentive compensation.4
Name: Nancy Brown
Title: CEO
Charity: American Heart Association
Compensation: $4,388,845
Fiscal Year: 06/30/2024
Note: Includes $3,165,293 bonus & incentive compensation.5
Name: Jason Klein
Title: Senior VP/Chief Investment Officer
Charity: Memorial Sloan Kettering Cancer Center
Compensation: $3,581,445
Fiscal Year: 12/31/2023
Note: Includes $2,225,250 bonus & incentive compensation6
Name: Harlan Levine, M.D.
Title: President, Health Innovation & Policy
Charity: City of Hope & Affiliates
Compensation: $2,915,943
Fiscal Year: 09/30/2023
Note: Includes $1,737,793 bonus & incentive compensation.7
Name: Kenneth Roth
Title: Past Executive Director
Charity: Human Rights Watch
Compensation: $2,799,333
Fiscal Year: 06/30/2023
Note: Includes $2,270,259 of “Other Reportable Compensation.” Total compensation includes “remuneration upon his departure from the organization” and “reasonable compensation for his ongoing assistance and advice to HRW.”8
Name: Michael S. Salem, M.D.
Title: President/CEO
Charity: National Jewish Health
Compensation: $2,582,579
Fiscal Year: 06/30/2023
Note: Includes $1,227,650 bonus & incentive compensation.9