I love Monterey and Pacific Grove..the music history, bay and Steinbeck vibe up there are wonderful..the drive back thru Big Sur always changes me somehow...but they have some nonprofits up there that make alot of money...
having a nonprofit is like having an off shore bank account..you can hide the cash and not pay taxes..look at these numbers from the Carmel Pine
Cone! Of course, not all nonprofits are bad, and I support the Monterey Bay Aquarium and Esalen Institute of hot tubs and higher consciousness, but many are milking the system, especially in Santa Barbara where we have nonprofits behaving badly.....I say if we tax nonprofits and churches, we can balance the budgets!! These groups are sitting on BILLIONS!!
carmelpinecone
IS $2.5 million per year too high a salary for the head of a chain of nonprofit hospitals?
James Mongan, head of Partners HealthCare in Massachusetts, made that much in 2008.
While no local nonprofit or charity pays anywhere near that much, the chief executives of two local hospitals are the highest-paid executives with Monterey County nonprofits, according to a Pine Cone survey of IRS documents. Steve Packer, CEO of CHOMP, was paid $624,691 plus benefits of $32,000 last year. And, while more recent figures were not available, Salinas Valley Memorial hospital’s CEO, Sam Downing, was paid $546,306 and received $128,048 in pension contributions in 2000, according to IRS files.
Other local examples:
- Monterey Bay Aquarium According to 2007 IRS tax forms, the Monterey Bay Aquarium, had revenues of $94 million and paid its workers well, with more than 150 of its employees earning more than $50,000 per year.
James Hekkers, the aquarium’s managing director, was paid $234,494, with benefits of $33,946, while Julie Packard, executive director, worked 28 hours a week and was paid $210,114, plus benefits of $38,540.
- Monterey Peninsula Foundation The Monterey Peninsula Foundation hosts the AT&T Pebble Beach National Pro-Am and the Walmart First Tee Open, and distributes proceeds to local charities. Since 1947, when the Pebble Beach Pro-Am began, more than $79 million has been raised for nonprofit organizations.
Ollie Nutt is president and CEO. His 2008 salary was $206,250, while Steve Worthy, vice president, received $195,000. Nutt said the organization decided to freeze salaries in light of the economic recession. "We have had no increases [in compensation] this year," Nutt said.
- Esalen Institute Founded in 1962, the legendary
Esalen Institute in Big Sur has become known for its blend of Eastern and Western philosophies. Every year, Esalen offers more than 450 workshops, from massage, to philosophy, psychology and sustainability. According to 2007 tax records, the nonprofit has assets of more than $10 million.Gordon Wheeler, president and CEO, was paid $125,082 last year, with benefits of $8,474.
- Big Sur Land Trust Since 1978, the nonprofit Big Sur Land Trust has protected more than 25,000 acres by buying up local land and placing it into the public trust for conservation.
Bill Leahy, executive director, was paid $178,500 in 2008.
I think that maybe I'm dreamin'......
having a nonprofit is like having an off shore bank account..you can hide the cash and not pay taxes..look at these numbers from the Carmel Pine
Cone! Of course, not all nonprofits are bad, and I support the Monterey Bay Aquarium and Esalen Institute of hot tubs and higher consciousness, but many are milking the system, especially in Santa Barbara where we have nonprofits behaving badly.....I say if we tax nonprofits and churches, we can balance the budgets!! These groups are sitting on BILLIONS!!carmelpinecone
IS $2.5 million per year too high a salary for the head of a chain of nonprofit hospitals?
James Mongan, head of Partners HealthCare in Massachusetts, made that much in 2008.
While no local nonprofit or charity pays anywhere near that much, the chief executives of two local hospitals are the highest-paid executives with Monterey County nonprofits, according to a Pine Cone survey of IRS documents. Steve Packer, CEO of CHOMP, was paid $624,691 plus benefits of $32,000 last year. And, while more recent figures were not available, Salinas Valley Memorial hospital’s CEO, Sam Downing, was paid $546,306 and received $128,048 in pension contributions in 2000, according to IRS files.
Other local examples:
- Monterey Bay Aquarium According to 2007 IRS tax forms, the Monterey Bay Aquarium, had revenues of $94 million and paid its workers well, with more than 150 of its employees earning more than $50,000 per year.
James Hekkers, the aquarium’s managing director, was paid $234,494, with benefits of $33,946, while Julie Packard, executive director, worked 28 hours a week and was paid $210,114, plus benefits of $38,540.
- Monterey Peninsula Foundation The Monterey Peninsula Foundation hosts the AT&T Pebble Beach National Pro-Am and the Walmart First Tee Open, and distributes proceeds to local charities. Since 1947, when the Pebble Beach Pro-Am began, more than $79 million has been raised for nonprofit organizations.
Ollie Nutt is president and CEO. His 2008 salary was $206,250, while Steve Worthy, vice president, received $195,000. Nutt said the organization decided to freeze salaries in light of the economic recession. "We have had no increases [in compensation] this year," Nutt said.
- Esalen Institute Founded in 1962, the legendary
Esalen Institute in Big Sur has become known for its blend of Eastern and Western philosophies. Every year, Esalen offers more than 450 workshops, from massage, to philosophy, psychology and sustainability. According to 2007 tax records, the nonprofit has assets of more than $10 million.Gordon Wheeler, president and CEO, was paid $125,082 last year, with benefits of $8,474.- Big Sur Land Trust Since 1978, the nonprofit Big Sur Land Trust has protected more than 25,000 acres by buying up local land and placing it into the public trust for conservation.
Bill Leahy, executive director, was paid $178,500 in 2008.
I think that maybe I'm dreamin'......
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