4 ms·
> it means the organization exists for a purpose other than profit The guy making $4 million/year in salary doesn't seem to have gotten that memo.
by bmcusick 9y ago
> it means the organization exists for a purpose other than profit
The guy making $4 million/year in salary doesn't seem to have gotten that memo.
- chasing 9y agoYou're misunderstanding the term "profit" in the legal phrase "non-profit." I'm not defending high salaries at all non-profits. Yes, some people are overpaid despite being at a non-profit. But don't be confused about what the term "non-profit" means.
- bmcusick 9y agoI'm a corporate attorney. I'm pretty sure I know what it means.