3 ms·

Non-profit doesn’t mean “no profit”.

• yreg 3y ago
  It does, but no profit doesn't mean low salary.
  • Ringz 3y ago
    As a managing director of a German non-profit gGmbH, I can tell you that you can and may make a lot of profit. It's just about how and in what period the profits must be used.
    • yreg 3y ago
      Well you certainly can't pay out profit, right? No dividends. Of course the org can make money and keep it for later.
      • Ringz 3y ago
        You can pay out profits on top of your salary. As long as its "Marktgerecht".
  • sigzero 3y ago
    A non-profit organization is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers. Nonprofits run like a business and try to earn a profit, which does not support any single member.