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Note that in the article, non-profit hospitals paid their top three CEOs $20 million. "The top three hospital administrators there made nearly $20 million in s
by cmiles74 3y ago
Note that in the article, non-profit hospitals paid their top three CEOs $20 million.
"The top three hospital administrators there made nearly $20 million in salaries."
- sarchertech 3y agoThe CEO is an employee of the board. From a non-profit perspective that’s no different than spending $20 million on a building.
- cmiles74 3y agoLOL! At least a building can hold beds.
- sarchertech 3y agoAgain CEO salary usefulness isn’t relevant to the claim that “Non-profits can’t distribute profits, but they can pay salaries.” The people in control, the board, can’t pay themselves crazy salaries. That is the relevant point.