How about this.... On the surface, it would appear that a non-profit doesn't mean what you think it means... Rather than giving you an explanation and dealing with all kinds of pointless rebuttal, I'll refer you to the NCCS Website's FAQ's page.Originally Posted by duracann
Actually, let me make it even easier for you....
How do nonprofit organizations differ from for-profit organizations?
"Generally, the purposes of nonprofit organizations and for-profit organizations differ and the purpose of a nonprofit forms the basis of its formal exemption from paying federal income taxes. Additionally, unlike for-profit organizations, most nonprofit organizations are legally constrained from distributing residual earnings to individuals who exercise control over the firm, such as officers, directors, or members. Nonprofit organizations are not prohibited from earning profits or paying reasonable compensation to employees, but they must devote any surplus to the continuing operation of the organization or distribute it to noncontrolling persons."
How much compensation are we talking about?
Well, here's what the NCCS provides based on a study conducted back in 2002.
"More than 1,300 nonprofit organizations, reporting on over 51,000 employees in 125 benchmark jobs, participated in a recent study on compensation in nonprofit organizations. Abbott, Langer & Associates conducted the study, and a report of the results is available for purchase. Findings include:
- while the median income of nonprofit CEOs is $81,000, some of the highest-paid CEOs in nonprofit organizations make well over $600,000;
- median annual compensation of CEOs is highest in business-related trade associations ($122,697), health & welfare-related professional societies ($118,000), foundations ($95,050), educational organizations ($93,000), and performing arts organizations ($85,000);
- and, the median annual compensation of CEOs is lowest in chambers of commerce/associations of commerce & industry ($41,750), advocacy/consumer organizations ($56,881), aging/senior citizen organizations ($57,183), housing/shelter organizations ($63,000), and development disabilities care-providing organizations ($72,508).
In the report, compensation data are reported by region, state, and metropolitan area, and by each of certain variables in relation to type of organization (for example, number of employees in relation to operating budget). For information about purchasing the report, visit http://www.abbott-langer.com or call 708-672-4200.
By the way, there are ~1.4 million non-profits in the US.
Now, do you need a link to an on-line university program where you can learn why capitalism seems to benefit society as a whole quite nicely, to include being the primary direct and indirect source of tax revenue (payroll taxes, employee income taxes, etc...) for all the entitlement programs and social services that most folks take for granted?
Get a clue people. Take care of your own affairs and live by an ethical code that you're comfortable with and divert your energies to something positive instead of gripping about how other people lead their lives. If buyers weren't willing to pay $25 for something that they can buy for $1 then no one would be able to sell them for $25. How simple is that and who's the real target of your agnst? The guy selling what a buyer wants or the buyer who seems to have $25 to piss away on something that they could buy for $1 and add a $24 donation to?
Give it a rest and write another check to the LAF. You'll feel better about yourself which is really all this thread is about anyway... demonstrating why someone else is a (fill in the blank) because they don't subscribe to your model of fair play.