Charity chief gets $1.34 million after board decides he was underpaid

Charity chief gets $1.34 million after board decides he was underpaid

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The National Council of Nonprofits, in Washington, D.C., does not offer opinions on the appropriateness of specific compensation packages, and noted that the IRS simply requires nonprofit compensation to be “reasonable and not excessive.”

What qualifies as excessive in the nonprofit sector is a matter of perennial debate.

On one side are those who say that anyone who works in the charitable realm should expect to be paid less than they would in the business world. On the other are people who insist that if nonprofits want strong leadership, they should pay more like corporate America, especially since running a big nonprofit can be as demanding as overseeing a company.

Source Name: 
Boston Globe
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