Now I wonder, because both 999k and 100k are six figure sums, and one of them I find much more reasonable than the other.
But yeah, running a non-profit often takes money instead of earning you money, and if they have spare money to pay salary to the CEO, maybe they’re all right
That’s not what being a non profit means… they are allowed to make a “profit,” and pay for their liabilities. They just must reinvest them back into the business.
I’m not sure that not having anyone on salary is part of that deal. Or if you were referring to the part where I said about salary being negative, that’s from experience, a couple of directors of a non-profit I know had to donate their salary and add on top of it when times were rough (in that organisation it was pretty often). Large non-profits probably don’t have that issue
Now I wonder, because both 999k and 100k are six figure sums, and one of them I find much more reasonable than the other.
But yeah, running a non-profit often takes money instead of earning you money, and if they have spare money to pay salary to the CEO, maybe they’re all right
That’s not what being a non profit means… they are allowed to make a “profit,” and pay for their liabilities. They just must reinvest them back into the business.
I’m not sure that not having anyone on salary is part of that deal. Or if you were referring to the part where I said about salary being negative, that’s from experience, a couple of directors of a non-profit I know had to donate their salary and add on top of it when times were rough (in that organisation it was pretty often). Large non-profits probably don’t have that issue