Thursday, September 15, 2011
In Growth Slows in Nonprofit CEO Pay, the Philanthropy Journal reports recent data on compensation paid to senior executives of nonprofit organizations. From the first three paragraphs of the story:
The recession has taken a toll on nonprofit compensation, with median increases for CEOs growing at a slower pace, a new report says.
The 2011 GuideStar Nonprofit Compensation Report also finds a continuing gap in median compensation between male and female CEOs, although the gap has narrowed since 1999 for most nonprofits, and the percentage of female CEOs has increased for nonprofits of all sizes.
Based on GuideStar's database of digitized information from Form 990s for fiscal 2009 that roughly 88,000 nonprofits filed with the IRS, the report says median increases for compensation for incumbent CEOs generally grew 2 percent or less in 2009, compared to 4 percent or more in 2008.