United Way CEO Gloria Pace King made $380000 a year!
I have a friend of 30 years Stephanie who is a caricature of a West coast liberal. She reflexively favors every left-wing cause — from multiculturalism to going “Green” to Hugo Chavez. She claims to be so empathic that she cannot bear to watch TV news but she favors abortion on demand and once wrung the necks of two kittens who pooped in her garden. She is also the laziest person I’ve ever known. Her strategy is to work at a job she knows is temporary then when she’s terminated she spends the next 6 months collecting unemployment benefits.
But Stephanie is also my window into the World of the Left. A rule of thumb I’ve learnt is that if Stephanie is enthusiastic about something watch out! It’s invariably some scam.
For many years now Stephanie is wild about non profits. If she weren’t so plumb lazy she would have established her own sham ahem non-profit by now.
After you’ve read this article below if you still donate your hard-earned dollars to corrupt and scandal-prone United Way then you must give me your phone number because I have a plot of prime real estate in Antarctica to sell you! LOL
~Eowyn
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RECESSION-PROOF JOB? NON-PROFIT CEO
By Sharyll Attkisson – Nov. 17 2009 – http://www.cbsnews.com/stories/2009/11/17/cbsnews_investigates/main5687454.shtml?tag=contentBody;featuredPost-PE
As head of the Central Carolinas division of United Way Gloria Pace King was known as a strong fundraiser. She was also pretty good at looking out for No. 1. At United Way King pulled in a $380000 salary ($379962 with a 2008 bonus) and a $2.1 million retirement package.
The surprising truth is while last year’s compensation fell 9 percent for CEOs at for-profit companies their cousins in the charity world were making out quite nicely. Their salaries increased on average by more than 6 percent.
In the environmental category Wildlife Conservation Society’s CEO Steven Sanderson got a $100000 raise — to pull in a very civilized $938000 compensation.
Under religion Inspirational Network’s David Cerullo earned an awe-inspiring $1580000.
And in the children’s category Chief Scout Roy Williams retired in September 2007 with a package worth nearly $4 million.
Non-profits don’t have to pay taxes. Some of them use the money for lavish executive pay instead of their mission. IRS rules forbid “excessive” compensation but that’s subjective and the tax man isn’t known for going after charities.
“They say to themselves ‘If we don’t give this person $700000 that means that the job’s not important and he can’t do a good job’” said Pablo Eisenberg a senior fellow at Georgetown University Public Policy Institute. “I mean that’s the thinking and it’s appalling.”
Even some small inefficient charities are digging deep for their CEOs. One reason they get “zero” out of four stars from the non-profit evaluator Charity Navigator.
The Association for Firefighters and Paramedics spends more on their President’s six-figure salary ($125000) than on services ($107048).
The rest is spent on fundraising and administration including the CEO’s salary.The Committee for Missing Children spends only 14 percent of its budget helping kids.
Back in Charlotte the United Way has made some big changes. Jane McIntyre was hired in August after King and her colossal paycheck were forced out. Although she’s earning a jot less money than her predecessor McIntyre said she’s happy with the salary she has: $142000 to be exact. But McIntyre says it’s more than enough when you’re in it to help others more than to help yourself.
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