Tuesday, July 27, 2010

NY Times: Nonprofit Salaries

I saw this article in the New York Times and thought it would be interesting to pass along about salaries for nonprofits.

Lawmakers Seeking Cuts Look at Nonprofit Salaries
Published: July 26, 2010

State and federal officials are starting to take their knives to the pay of leaders of nonprofit groups they do business with to help share the pain of tighter budgets.

A provision in New Jersey’s recently passed budget, for example, includes a limit on what nonprofit groups can pay their chief executives if they are providing social services under state contracts. The cap, based on a formula that also applies to for-profits providing such services on behalf of the state, is part of a broader effort by Gov. Chris Christie to rein in salaries on state workers.

Read the full article.

Myrna Meadows, NRS, International Falls

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