3 ms·
I think baldfat's point might be that "non-profit" doesn't necessarily imply that those organizations are not designed to allow profits to be paid out as compen
by oldprogrammer2 10y ago
I think baldfat's point might be that "non-profit" doesn't necessarily imply that those organizations are not designed to allow profits to be paid out as compensation. Excessive compensation to non-profit leadership can often be paid based on the same metrics as a corporation (basically, increasing revenue). It's certainly not the norm, but there are more than just a few exceptions where CEOs of non-profits (including universities) are earning in excess of $1 million per year.