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September 14, 2016 / Buffy Beaudoin-Schwartz, Editor

Slow Growth in Nonprofit CEO Compensation

NONPROFITS | GuideStar’s recently released annual compensation report shows nonprofit CEOs received on average a 2.4% pay raise in 2014 – except in larger cities, where it was higher.

Before the Great Recession, that figure consistently topped 4 percent and even reached 7 percent at large organizations, according to Chuck McLean, GuideStar’s vice president for research. The new survey, however, notes that 2014 was the sixth straight year that the median increase fell short of 4 percent. “It really seems to have been stuck at that lower level,” said Mr. McLean. Among the possible culprits for the slowdown: public scrutiny of executive pay, which is making boards gun-shy about raises. “There have been a number of states that have said that, ‘Oh, these compensation levels are too high. If you have a state contract, there’s a limit to how much you can pay the CEO,’ ” Mr. McLean said.

The GuideStar report is based on 2014 federal tax filing data by 96,000+ nonprofits. (Chronicle, 9/13) [Subscription Required]

HOUSING
– The DC Housing Authority has warned public housing residents of a possible scam. (City Paper, 9/13)

– Most Americans Are Worried About Losing Their Housing (City Lab, 9/12)

EDUCATION 
– Neighborhood teenagers help to build the new Woodridge Library in DC. (WaPo, 9/13)

– City Refuses To Clarify Policy On Admissions At All Boys School (dcist, 9/12)

RACE | Opinion: The benefits of a black history museum in a historically black city (WaPo, 9/13)

SAFETY | DC’s gun control laws are being challenged again, and the effects could be felt around the country. (WaPo, 9/13)

ENVIRONMENT | Does Washington, D.C., Need a Climate-Change Memorial? (City Lab, 9/9)

ECONOMY
– Middle class incomes had their fastest growth on record last year (WaPo, 9/14)

– Why So Few American Economists Are Studying Inequality (The Atlantic, 9/14)

PHILANTHROPY 
Generation X is a group of donors worth cultivating. (Chronicle, 9/6)

– Does Philanthropy Threaten Democracy? (SSIR, Fall 2016)


How strange that part of the US Capitol building is in Rock Creek Park – Buffy

 

 

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