CEO Compensation: A Bronx Tale

Please note that this posting was originally written on October 17, 2006 for my previous blog, Non-Profit Concerns.

The Bronx, New York is a great borough. In a relatively small geographic area you can find the wealthy and the poor. If I remember correctly, there are more institutes of higher learning in the Bronx than any other similar sized region of the country. And, according to Guidestar, there are 928 non-profits. That is a testament to the caring and compassion of Bronxites. It also makes the Bronx a good “laboratory” for looking at non-profits which all share the same geographic area and, for the most part, the same client base.

CEO compensation, by which I mean the total pay packages of the top executives of non-profits, is a continuing bone of contention. Is anyone worth a $2 million salary? Should half million dollar salaries be paid by non-profit tax-exempt organizations, like nursing homes, that receive almost all of their funding from the government? Can anyone find fault with organizations that pays their top salaried employee less than 1% of their gross receipts?

There are 93 non-profits, out of the 928, who have 990s on Guidestar that show that they have a minimum of $1 million in revenue, and at least one paid employee. As someone who worked in the Bronx for 5 years, I know that the list is incomplete. For some reason my former employer, Morningside House Nursing Home, did not appear on the Guidestar generated list. I added it. There are others missing as well. While incomplete, it is an interesting academic exercise if nothing else. Look at the salaries and look at the percentage of the total gross receipts that they represent. Draw your own conclusions.

The salaries listed are of the highest paid employees. That may be a president, a CEO, CFO, executive director, director, principal, doctor, nurse, coordinator, or administrator, just to name the most common.

Again, draw your own conclusions… (and apologies for the lack of columns… E-mail me if you would like the Excel spreadsheet and I will be happy to send it to you.)

Organization Gross Receipts Salary Percentage
1215 Seneca Ave. Houses $2,106,513 $70,000 3.32%
Abraham House $2,167,695 $80,500 3.71%
Aging in America Community Services $3,959,650 $86,169 2.18%
Aguila, Inc. $4,871,147 $65,000 1.33%
Argus Community, Inc. $8,362,503 $156,848 1.88%
Belmont Community Day Care Center $4,886,449 $175,185 3.59%
Bronx Aids Services $6,611,505 $122,111 1.85%
Bronx Arts Ensemble $1,009,349 $55,753 5.52%
Bronx Charter School for Better Learning $1,135,518 $96,703 8.52%
Bronx Charter School for Children $1,628,159 $102,818 6.31%
Bronx Charter School for Excellence $2,028,828 $100,000 4.93%
Bronx Charter School for the Arts $2,685,487 $94,500 3.52%
Bronx Council on the Arts $1,462,867 $98,085 6.70%
Bronx Defenders $5,318,231 $148,534 2.79%
Bronx House, Inc. $3,766,020 $134,988 3.58%
Bronx Jewish Community Council $1,990,187 $88,760 4.46%
Bronx JCC – Home Attendant Services $17,702,429 $62,150 0.35%
Bronx Museum of the Arts $2,462,020 $65,768 2.67%
Bronx Overall Economic Development Corp. $3,666,734 $126,104 3.44%
Bronx Preparatory Charter School $4,753,853 $108,191 2.28%
Bronx Lebanon Hospital New Directions Fund $1,078,654 $32,176 2.98%
Calvary Hospital $78,910,500 $458,336 0.58%
Cancer Service Network $3,080,573 $142,228 4.62%
Casita Maria, Inc. $1,929,677 $162,522 8.42%
Christian Community in Action $25,559,793 $66,118 0.26%
Citiwide Harm Reduction Program $2,997,359 $63,558 2.12%
Citizens Advice Bureau $21,910,573 $166,632 0.76%
Claremont Neighborhood Centers $1,823,849 $94,821 5.20%
Comm. Resource Center Develop. Disabled $10,763,204 $154,636 1.44%
Com. Care Man. Diagnostic & Treat. Cntr. $6,150,887 $228,445 3.71%
Concourse House Housing Development Fund $2,605,453 $57,982 2.23%
Creative Lifestyles $5,364,153 $168,169 3.14%
Diego Beekman Mutual Housing Association $13,192,715 $81,544 0.62%
Downtown Bronx Medical Associates $65,249,865 $412,408 0.63%
Dreamyard Drama Project $2,248,431 $53,334 2.37%
East Bronx NAACP Day Care Center, Inc. $3,757,638 $62,800 1.67%
East harlem Council for Community Development $6,681,837 $150,000 2.24%
East Tremont Alumni Day Care Center $3,959,099 $78,593 1.99%
Families Reaching in Ever New Directions $2,639,035 $61,010 2.31%
Family Care Services $21,426,143 $84,080 0.39%
Family Life Academy Charter School $2,476,685 $96,397 3.89%
Family Support Systems Unlimited $14,761,303 $122,872 0.83%
Fordham Bedford Housing Corporation $4,456,798 $151,238 3.39%
Fordham University $526,706,428 $316,244 0.06%
Friends of Bronx Preparatory Charter School $4,017,568 $46,745 1.16%
Geel Community Services $4,709,690 $118,899 2.52%
Health People Inc. $2,981,536 $90,106 3.02%
Highbridge Advisory Council Family Services $15,889,748 $124,136 0.78%
Highbridge Community Life Center $4,371,561 $65,543 1.50%
Horace Mann School $68,030,265 $385,988 0.57%
Hunt’s Point Mult-Service Center $23,420,220 $182,145 0.78%
Institutes of Applied Human Dynamics $33,285,736 $231,683 0.70%
Kinneret Day School $1,782,646 $76,500 4.29%
Kipp Academy Charter School $4,409,458 $115,945 2.63%
Kips Bay Boys’ and Girls’ Club, Inc. $13,967,572 $331,815 2.38%
The Learning Tree $1,093,111 $12,310 1.13%
Life Adjustments Center $5,322,711 $235,251 4.42%
Marc After-School Program $1,114,212 $87,765 7.88%
Morris Heights Health Center $29,340,109 $374,824 1.28%
Mid-Bronx Senior Citizens Council $5,394,667 $130,702 2.42%
Montefiore Medical Center $1,502,034,230 $1,979,453 0.13%
Morningside House Nursing Home Company $49,149,935 $497,845 1.01%
New Era Veterans $1,411,210 $103,714 7.35%
New York Botanical Garden $86,333,767 $382,336 0.44%
New York Harm Reduction Education $2,713,593 $96,740 3.57%
New York Institute for Special Education $68,848,475 $377,478 0.55%
New York Medical Alliance, UFPC $102,766,373 $612,448 0.60%
New York Westchester Square Medical Center $69,742,164 $477,987 0.69%
North East Bronx Day Care Center $5,412,024 $175,000 3.23%
OP & CMIA Local 530 – Welfare Fund $9,879,985 $180,333 1.83%
Paraprofessional Healthcare Institute $7,506,990 $125,929 1.68%
Pibly Residential Programs $7,786,799 $119,422 1.53%
Puerto Rican Home Attendant Services $11,968,687 $60,796 0.51%
Readnet Bronx Charter School $1,164,372 $93,022 7.99%
Riverdale Country School $58,416,025 $374,289 0.64%
Riverdale Neighborhood House, Inc. $1,802,183 $111,647 6.20%
Sammon Build Center Housing Development Fund $1,269,317 $66,444 5.23%
SEBNC Quality Vending Services $15,085,383 $53,939 0.36%
Seventh Avenue Center for Family Services $1,637,120 $81,261 4.96%
South Bronx Housekeeper Vendor Program $4,517,181 $57,920 1.28%
South Bronx Overall Economic Devel. Corp. $9,475,809 $116,586 1.23%
St. Ann’s Corner of Harm Reduction, Inc. $1,240,233 $87,234 7.03%
St. Peter’s Children’s Network $3,574,152 $54,627 1.53%
These Our Treasures $3,246,390 $135,650 4.18%
Tolentine Zeiser Community Life Center, Inc. $5,281,764 $85,133 1.61%
Tremont Crotina Day Care Center $4,655,869 $90,782 1.95%
Tremont Monterey Day Care Center $3,370,326 $65,120 1.93%
Union Community Health Center $16,257,607 $89,070 0.55%
United Bronx Parents $10,111,701 $150,040 1.48%
University Consultation & Treatment Center $4,652,848 $74,246 1.60%
VIP Community Services $16,114,551 $235,000 1.46%
Wave Hill Incorporated $7,579,059 $104,400 1.38%
YM-YWHA of the Bronx $4,907,517 $183,210 3.73%
TOTAL $3,231,350,245 $15,613,768
AVERAGE $34,745,702 $167,890 2.64%

Advertisements