Sent once a month. (Huffington Post), Michael Salem, President and CEO of National Jewish Health, earns a salary of just over $1 million. CEOs base pay edged up 4 per cent and long-term incentives rose 23 per cent to $2.61 million. (Huffington Post), Michael Kaiser, President of the JFK Center for Performing Arts in Washington D.C., earns $1.348 million. Bonus. To do so, we compared total compensation as a percent of organization revenue, and total compensation as a percent of all salaries and benefits paid out by the organization. The salary range for a CEO is between A$418,190 and A$1,587,928. Journalist Knowing these inside secrets about the social sector is how Excellence in Giving clients across the country give with insight and confidence. Highly recommend. (Huffington Post), Glenn Lowry, Chief Executive of the Museum of Modern Art in New York City, earns $1.2 million. For other roles the report contains only remuneration broken down by salary components. More than any source, government is . The most senior role responsible for corporate operations. All responses are kept strictly confidential. That's Zarin . RFDS has a strong track record when it comes to the index. Additional filters, personnel information, peer benchmarking, Salesforce integration, vendor lists, etc. Executive compensation is a tricky issue. MEDIA, JOBS & RESOURCES for the COMMON GOOD. In our study, the most significant factor affecting CEO pay was the amount of money raised and spent every year. That's the top of the list of the 15 highest paid charity CEOs compiled by the watchdog Charity Navigator. Kogan was valued at $667 million by the Rich List research team last year as shares in Kogan reached almost $25 in October 2020 as the online retailer rode the highs of the pandemic, but they have since fallen to below $9. Domingo is an opera singer and conductor as well, performing in more than 3,600 shows. Do you have a question? Luke Michael | AU$974 - AU$25k. Get notifications on the latest webinar topics, as well as other Pro Bono Australia professional development resources. retirement and deferred compensation, nontaxable benefits, and other reportable compensation as W60: Financial Institutions, Credit Unions, E11: Health Care Single Organization Support, E02: Health Care Management and Technical Assistance, Florida Coalition Against Domestic Violence, I70: Protection Against, Prevention of Neglect, Abuse, Exploitation, The University of TexasTexas A&M Investment Management Company, U40: Engineering and Technology Research, Services, International City Management Association Retirement Corporation, G43: Heart and Circulatory System Diseases, Disorders, W20: Government and Public Administration, American Institutes for Research in the Behavioral Sciences, H Lee Moffitt Cancer Center and Research Institute, Carnegie Hall / The Carnegie Hall Corporation, S05: Community Improvement and Capacity Building Research Institutes and Public Policy Analysis, The Alfred E Mann Foundation for Scientific Research, A56: Natural History, Natural Science Museums, V02: Social Science Management and Technical Assistance, E05: Health Care Research Institutes and Public Policy Analysis, Boston Pediatric Neurosurgical Foundation, G11: Voluntary Health Associations and Medical Disciplines Single Organization Support, Commission on Accreditation of Rehabilitation Facilities, E03: Health Care Professional Societies and Associations, T01: Philanthropy, Voluntarism and Grantmaking Foundations Alliances and Advocacy. Sent once a week. Before you get too upset, that seven-figure pay out is likely an aberration. A chief executive officer (CEO) of a non-profit organization is responsible for overseeing the companys functions and employees and/or volunteers. Notably, the museum raised admission costs in 2012, while the CEO still receives $318K in housing to live free of charge in a $6 million apartment in MoMAs residential tower. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The Australian Financial Reviews annual CEO pay survey, prepared by data company OpenDirector, showed that top 50 CEOs earned on average $6.18 million in reported pay in the year to June. @luke_michael96. Clear, clever, succinct and a delight to deal with. Operations / Administration Manager (Tier 2). Get the social sector's most essential news coverage, including news highlights, opinion pieces and features to keep you up-to-date with Australias most valuable sector. However, some charities may decide toe remunerate board members, as well as operational staff. 2023 Smarty Cents, All Rights Reserved. Plus: Sign up today and receive a FREE copy of our Executive Webinar: Government Relations for Not They have assisted our company in reviewing Multi Million Dollar Construction Contracts as well as navigate through legal discussions with ease, professionalism and execution. Made the whole property purchase paperwork a delightnot the stress filled minefield I was expecting. The most senior human resources role responsible for the full range of human resources accountabilities. 2008 2010 2011 2012 2014 Median Change in CEO Compensation over Prior Year 4.7% 1.5% 2.5% 2.6% 3.0% Making loans to related parties such as key officers, staff, or Board members, is not standard practice in the sector as it diverts the charity's funds away from its . Thinkstock. (Huffington Post), John Seffrin, CEO of American Cancer Society, earns $2.1 million, while also serving at the White House on the public health advisory group. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Chief Executive Officer (CEO), Non-Profit Organization. their remuneration practices, allowing you to offer appropriate salaries to new employees, and manage the retention and satisfaction of existing employees. If you want to receive monthly updates with articles, books, and videos about best practices in philanthropy, sign-up below for theExcellence in Givingphilanthropy newsletter. If a charity is non-commercial in nature (meaning that directors are not entitled to remuneration), the charitys constitution may also allow directors to serve as employees and receive a salary. The 37 per cent protest vote at Myer was driven by the biggest shareholder Solomon Lew, who failed to trigger a board spill. Pro Bono News | Social sector news bulletin. In comparison to the private sector, the compensation of charity CEOs is generally substantially lower. Base Salary ( AUD) 10% A$98k MEDIAN A$160k 90% A$297k The average salary for a Chief Executive Officer (CEO) is AU$160,371 Base Salary AU$98k - AU$297k Bonus AU$5k - AU$98k Profit. After cutting back on several programs and employees and raising parking costs during the recession, Williams was able to maintain his more-than-agreeable salary. A fundraising A person working in Fundraising and Non Profit in Australia typically earns around 57,600 AUD per year. CharityWatch's "A+" to "F" letter grade ratings and financial efficiency ratios take into account On average, a CEO at a smaller nonprofit ($500K - $1M in annual expenses) makes $84,674 each year, while the average for a CEO at large nonprofits (over $50 million in annual expenses per year) gets paid $402,366. In 2015-16 alone Australians gave $12.5 billion to charities and not-for-profit organisations. Over almost a decade of measuring reputation, we continue to see the reputational strength of many not-for-profit organisations built, in general, on their ability to clearly link how they positively impact the community and the specifics of the services they deliver, Freedman said. audited financial statements, high salaries do not necessarily indicate inefficiencies just as low determined by considering factors such as special skills needed for the position, relevant education The generosity of this years participants resulted in the highest ever number of responses in history, with 300+ organisations taking part. Comparison of key roles and different factors. example, the salary of a doctor who spends 100% of their time on a charity's program activities, An editorial from PwC Australia analysing the remuneration of non-executive directors (NEDs) across the sector. reported to the IRS (Form W-2, 1099-MISC, and/or 1099-NEC), excluding any amounts already reported It is a common misconception that an individual that contributes services to a charity is not entitled to be remunerated for his or her efforts. The below table shows the inflation-adjusted, equivalent value of 100 British pounds in 2017, for previous years. An in-depth editorial from our analysis partners at PwC Australia. Avg. RFDS is one example of an organisation who continue to excel at this finding.. An executive director or Increasing your pay as a Chief Executive Officer (CEO), Non-Profit Organization is possible in different ways. Sent every Tuesday and Thursday morning. Remember me. Pro Bono News | Good Business edition. to no longer publish the list citing a desire to focus instead on the sectors reputation as a whole the top five charities for 2021 have just been revealed. 2023 Nonprofit Metrics LLCTerms of Service and Privacy Policy, The highest-paid nonprofit leaders CEOs, Executive Directors, etc. Stay informed with Australia's number 1 resource for the social sector. The study revealed many donors simply assume these leaders work for free or . Both the latest and the previous salary figures represent the midpoint in a 10,000 salary range, but the charity said the chief executive received a pay rise of 2%*12 New chief executive due to start in September*13 Latest figures from unpublished accounts. Kristoffer Paulsen. Accompanied by the latest careers news, including Changemakers and whos moving where in the sector, youll never be out of touch with career developments within the sector. On average, a CEO at a smaller nonprofit ($500K $1M in annual expenses) makes $84,674 each year, while the average for a CEO at large nonprofits (over $50 million in annual expenses per year) gets paid $402,366. Out of 3,929 charities reviewed in Charity Navigator's 2013 CEO Compensation Study, a whopping 78 of the CEOs mentioned reportedly earned salaries between $500,000 and $1 million. The role responsible for a range of finance accountabilities, that reports to a Tier 2 manager. Due to differences in the way compensation is allocated by charities in their IRS Form(s) 990 and The full study is made available to subscribers at all 3 levels. Are these high-earning execs pullinga fair salary for their good works, or are their impressive salaries questionable considering the nature of their work? He writes on news, business and leadership. And so I think that [this ranking] shows the Starlight team have been doing wonderful things in underpinning our brand and that theyve been wonderful storytellers, because I think sharing the impact of Starlight is absolutely critical to your reputation.. The Royal Flying Doctor Service (RFDS) received the highest survey score of 98.1, while the rest of the top five included Guide Dogs (94.6), Surf Life Saving Australia (92.9), Foodbank (91.8) and the Starlight Children's Foundation (91.7). Florida pushed for a limit of $129,972, while Massachusetts suggested $500,000 (Forbes). CEOs total statutory reported pay is required to be disclosed each year in line with accounting standards, while take-home pay which takes in the market value of shares and options granted in previous years is not required to be disclosed in the same consistent manner. Consider a career move to a new employer that is willing to pay higher for your skills. The charity said it was honoured and humbled to be recognised on the index for so many years. Out of 3,929 charities reviewed in Charity Navigators 2013 CEO Compensation Study, a whopping 78 of the CEOs mentioned reportedly earned salaries between$500,000 and $1 million. While looking at CEO compensation for these charities is only one number, if their talent results in greater revenue for the organization, the level of income may be justifiable. The charity says the previous figure it provided looks "wildly" inaccurate, and that the chief executive's pay has not gone down. what is a competitive salary by reference to similar charities (or for-profit equivalents if no similar charities can be found). The Pro Bono Australia Salary Survey has the answers. By Kate Wilke on August 29, 2014. The charity said no one earned more than 50,000. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. The Starlight Childrens Foundation also expressed gratitude for being recognised among the nations most reputable charities. (New chief executive is Jo Williams)*17 Both the latest and the previous salaries represent the midpoint in a 10,000 salary range, but the charity said the chief executive received a pay rise of 2.9%*18 Figures relate to the financial year ending December 2001, which were the most recent accounts available. CharityWatch, the CharityWatch logo, and the CharityWatch Top Rated Seal are all trademarks of CharityWatch. Interested in what is being paid by non profit agencies since COV-19, Please send me a copy of the Analytical Database. After being ridiculed by the Oregon Department of Justice for an unreasonable salary, Miller continues with compensation surpassing $850,000. Marketing / Fundraising / Communications Manager (Tier 2). John Lowe started in November 2002, the previous figure relates to his predecessor*25 The previous salary listed relates to the current chief executive's predecessor*26 No longer in post (Jackie Ballard became chief executive in November 2002)*27 The costs of Mr Hughes' housing, furniture, car, council tax and insurance are paid for by the charity*28 No longer in post. You can use the chart below to benchmark charity CEO pay with the #1 factor our research discovered: If you want to see how staff size, board size, donor base, and use of impact measures affect pay, you will need to subscribe to our Nonprofit Analytics database. See a breakdown of salaries by sector, operating budget, number of full-time equivalent employees, location and tax status. If you are an employee of an NFP organisation in the sector, your participation in the 2023 iteration of the Salary Survey is essential for us to continue to assist organisations like yours to create meaningful remuneration benchmarks. The American Cancer Society is the worlds largest voluntary health organization fighting cancer. Oliver Freedman, the SVP of RepTrak APAC, explained what made charities rank highly in the index. The 2022 Salary Survey report contains data on 40 roles. Remunerating board members. The Compensation column includes total of base compensation, bonus and incentive compensation, Groups promote educational and health initiatives to suffering communities. The debate on setting senior executive pay in the charity sector reached Westminster this week. After the Great Resignation, now more than ever it is essential to have an accurate view of the industry standard and expectations for pay. for Profits - A Tactical Approach. 12 Shockingly High Nonprofit CEO Salaries, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on LinkedIn (Opens in new window), 14 Stupid-Expensive Luxuries You Never Knew You Wanted. general, and fundraising functions. Confidently benchmark your remuneration with 10 years of in-depth research on not-for-profit salaries. While the highest-paid nonprofit CEOs are in healthcare and financial services, things get more interesting when we look at normal charities. With the launch of the 2022 Pro Bono Salary Survey Report, we revisit some of the reasons salary benchmarking can be critical to the success of your organisation. Gelb has had a lifelong love of the opera. The Met was founded in 1870 to encourage the study and application of fine arts. Our compensation study delivers a surprising answer. Pro Bono Careers | Purpose-driven job alerts & career news. Below are some Charity CEO salaries: Red Cross CEO Salary (Huffington Post), Peter Gelb, General Manager of the Metropolitan Opera Association in New York, earns $1.3 million. The Met Opera is currently undergoing a drop in attendance and severe labor negotiations, discussing cuts of 17 percent their annual compensation (New York Observer). Chairman Greg Ridder said he was delighted if Kogan was well rewarded because that meant shareholders will be well remunerated, after the share price rose from less than $5 last year to close to $25 but has since fallen to less than $9. The Australian social sectors most trusted salary survey. Current President and CEO Jonathan Simons, who joined the foundation in 2007, has a base salary that is twice what CEOs of similar charities receive, and with a $475,000 bonus in 2008, his. or development executive's salary would be allocated 100% to fundraising. The average salary for a Chief Executive Officer (CEO), Non-Profit Organization is 47,154 Base Salary 29k - 83k Bonus 1k - 15k Total Pay 29k - 85k Based on 205 salary profiles. in history, with 300+ organisations taking part. The number of people served through Goodwill has increased from 11,694 to 52,170 during Millers leadership, perhaps proving the benefit of well-paid charity CEOs (Portland Business Journal). Ruslan Kogan, boss of the $960 million online retailer Kogan, scored last years biggest pay rise, an increase of $8.4 million, swelling his pay packet to $9 million and rocketing him up the ranks to become the countrys sixth-highest-paid chief executive. According to the Australian Charities and Not-for-profits Commission (ACNC) Australia currently has approximately 54,000 registered charities across a range of diverse sectors (such as education, welfare and the environment). Who created Analytics to go 2X deeper than Charity Navigator & Guidestar? Brought to you thanks to our friends at CBB, the report is the not-for-profit sectors trusted source of salary data, and its bigger and better than ever. . RFDS has a strong track record when it comes to the index. Macquarie Group CEO Shemara Wikramanayake reclaimed the mantle of the countrys highest-paid CEO, with total reported pay of $15.97 million, knocking off the CSL boss Paul Perreault. If you are concerned about receiving remuneration as a director or employee of a charity or not-for-profit organisation, you should be sure to seek legal advice. detailed explanation is provided below the chart. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. (Charity Navigator), James Williams, Chief Investment Officer of the J. Paul Getty Trust in Los Angeles, earns $1.2 million. Sort by: relevance - date. Purchase - $150 Operations / Administration Manager (Tier 2) The most senior role responsible for corporate operations. Copyright 2023 Ramsden Lawyers. Over 400 customers use the Cause IQ website to help serve their nonprofits clients and find foundation funding. With the amount of money flowing through charities in Australia it is only reasonable to consider the rules and regulations that apply to the remuneration of the people that run charities. 220 jobs (AS845) ACORN, CEO. She added that trust and reputation was highly important for organisations in the sector. The generosity of this years participants resulted in. This site is protected by reCAPTCHA. Help using this website - Accessibility statement, 42 per cent protest vote and second strike at Thursdays shareholder meeting, reclaimed the mantle of the countrys highest-paid CEO, take-home pay increased to $US45.4 million, or about $62 million Australian dollars. Property CEOs, including Greg Goodman of Goodman Group, Charter Halls David Harrison, Darren Steinberg of Dexus, REAs Owen Wilson and Susan Lloyd-Hurwitz of Mirvac, also enjoyed some of the years biggest pay rises, while the big bank CEOs dropped well out of the ranks of the countrys highest-paid CEOs. Level of Education: Gaining advanced degrees Next year [2022] may be a different story as some of the pandemic demand comes off, Johnson says. Posted Posted 18 days ago.