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They produce wealth for their executives. The Colorado Coalition For The Homeless received 122M in 2023. In 2021, the CEO made $313K. The top 6 people make over

They produce wealth for their executives. The Colorado Coalition For The Homeless received 122M in 2023. In 2021, the CEO made $313K. The top 6 people make over $200K a year. All of this from a non-profit. https://projects.propublica.org/nonprofits/organizations/840951575 https://projects.propublica.org/nonprofits/organizations/840... https://kdvr.com/news/problem-solvers/colorado-coalition-for-the-homeless-ceo-makes-313k-is-he-worth-it/ https://kdvr.com/news/problem-solvers/colorado-coalition-for...

gruez 3y ago
>The Colorado Coalition For The Homeless received 122M in 2023. In 2021, the CEO made $313K. The top 6 people make over $200K a year. All of this from a non-profit. What's the typical salary for a CEO of a for-profit company that has 122M in revenues? While I can understand why people are outraged at the prospect of people getting money from a non-profit, it's unrealistic to expect everyone to be volunteers. Besides the question of how they'd financially support themselves, you have the problem of "pay peanuts, get monkeys".
- toomim 3y ago
  You're losing the point. It's not outrage at the amount they are paid. It's outrage at the Shirky Principle-- they are incentivized to keep the homelessness problem going and growing.
fragmede 3y ago
I don't know that high executive salaries are evidence of anything other than theres an executive class which exists, even in the non-profit world. You'll need to come up with better arguments that there's a homeless-industrial complex, which there very much is, but complaining that the leader of a 700-person organized doesn't deserve more than a low end FAANG shows a very naive understanding of how the world works. $313k is cheap for that kind of work. A CEO for a 700-person strong tech company makes well into a million dollars a year, counting equity. Complaining that executives make a lot of money at a non-profit is like complaining that things cost money in the first place. there is a need for someone to do job X. people who do job X cost $xxx/hr. it doesn't matter the context of that job, whether it's running a business, managing armed forces, saving the homeless, or writing a web browser, that's what that job pays. A better argument for there being a homeless-industrial complex would to say there are incentives for organizations to expand operations rather than fix problems, and then give examples where organizations didn't fix problems because it would result in their lowered funding.
- 4RealFreedom 3y ago
  The question posed was what companies are involved as part of the homeless industrial complex and what do they produce.
  - deleted 3y ago
    [deleted]
  - pierat 3y ago
    HN users are superb at "Moving the goalposts approaching infinity". Doubly so if it's a political humanitarian issue (homelessness).

gruez 3y ago

>The Colorado Coalition For The Homeless received 122M in 2023. In 2021, the CEO made $313K. The top 6 people make over $200K a year. All of this from a non-profit. What's the typical salary for a CEO of a for-profit company that has 122M in revenues? While I can understand why people are outraged at the prospect of people getting money from a non-profit, it's unrealistic to expect everyone to be volunteers. Besides the question of how they'd financially support themselves, you have the problem of "pay peanuts, get monkeys".

toomim 3y ago
You're losing the point. It's not outrage at the amount they are paid. It's outrage at the Shirky Principle-- they are incentivized to keep the homelessness problem going and growing.

fragmede 3y ago

I don't know that high executive salaries are evidence of anything other than theres an executive class which exists, even in the non-profit world. You'll need to come up with better arguments that there's a homeless-industrial complex, which there very much is, but complaining that the leader of a 700-person organized doesn't deserve more than a low end FAANG shows a very naive understanding of how the world works. $313k is cheap for that kind of work. A CEO for a 700-person strong tech company makes well into a million dollars a year, counting equity. Complaining that executives make a lot of money at a non-profit is like complaining that things cost money in the first place. there is a need for someone to do job X. people who do job X cost $xxx/hr. it doesn't matter the context of that job, whether it's running a business, managing armed forces, saving the homeless, or writing a web browser, that's what that job pays. A better argument for there being a homeless-industrial complex would to say there are incentives for organizations to expand operations rather than fix problems, and then give examples where organizations didn't fix problems because it would result in their lowered funding.

4RealFreedom 3y ago
The question posed was what companies are involved as part of the homeless industrial complex and what do they produce.
- deleted 3y ago
  [deleted]
- pierat 3y ago
  HN users are superb at "Moving the goalposts approaching infinity". Doubly so if it's a political humanitarian issue (homelessness).