Goodwill Omaha has some of the most staggering executive pay you’ll find in the nonprofit world
Goodwill Industries touts that simply by donating your old couch, ill-fitting jeans or other of life’s discards, you help the charity find jobs for people with disabilities or other barriers to work.
But when you donate to or buy from Goodwill’s thrift stores in Omaha, your efforts contribute more to something less charitable: some of the most staggering executive pay you’ll find in the nonprofit world.
Federal tax records show that Omaha’s Goodwill in 2014 paid CEO Frank McGree total compensation of $933,444. On top of his $250,000 base salary that year, he received a $95,000 incentive bonus, $52,000 in deferred retirement pay he’ll collect later, and a special retention bonus of $519,000. He even was given a country club membership.
And McGree is far from the only executive at the Omaha nonprofit taking home enviable pay. Tax records show Omaha’s Goodwill that year paid salaries of $100,000 or more to 13 of its executives and managers — a number that increased to 14 last year.
Read more: http://dataomaha.com/bigstory/story/107/news/no-culture-of-thrift
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