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Wow, nearly 7 million. That’s incredible for a nonprofit CEO. Much, much large orgs have CEOs that get paid 10-15x less. This should be criminal. The taxpayers
by dougmwne 3y ago
Wow, nearly 7 million. That’s incredible for a nonprofit CEO. Much, much large orgs have CEOs that get paid 10-15x less. This should be criminal. The taxpayers are being stolen from.
- skrebbel 3y agoWhich taxpayers exactly are you referring to?
- anotherhue 3y agoWhoever is funding them can claim charitable donations as part of a write-off - I guess that's opportunity cost to the treasury? Mozilla is a tar pit designed to prevent alternative browsers forming. Firefox deserves better.
- erulabs 3y agoNonprofit does not necessarily mean taxpayer subsidized.
- dougmwne 3y agoThat’s exactly what a 501(c)(3) is. While nonprofits do not receive actual funding from the US government, unless in the form of grants, there is a revenue cost to the government due to lost tax revenues. We have given these orgs tax exempt status so that they may serve the public good, not the third homes of their executive staff.
- SoftTalker 3y agoThe CEO is paying income tax on that, presumably.
- dougmwne 3y agoA for-profit corporation would also pay taxes on profits. A 501(c)(3) is a special class of org exempt from taxes due to the benefit it presumably provides to the public.
- lupusreal 3y ago> nearly 7 million. That’s incredible for a nonprofit CEO. Much, much large orgs have CEOs that get paid 10-15x less Correct. For instance, the CEO of UNICEF USA makes 620k a year. https://www.unicefusa.org/about-unicef-usa/finances/financial-disclosure/ceo-salary https://www.unicefusa.org/about-unicef-usa/finances/financia...
- asadotzler 3y agoMozilla Corporation is not a non-profit. It engages in many business relationships and brings in about half a billion dollars a year. How much should the founder-CEO of a 25 year old company with half a billion a year in revenue be making?
- dougmwne 3y agoNo, the Mozilla Corporation is a wholly owned subsidiary of the Mozilla Foundation. It’s a paper vehicle for their activities not permitted under their 501(c)(3) status. Many nonprofits run a 501(c)(4) in a similar way to separate their non-permitted lobbying activities.