About 2,700 people had seven-figure pay packages at nonprofits in 2014, a number that was up a third in three years, newly searchable IRS data show. An expert says the complex packages are “beginning to resemble CEO contracts more and more.” Topping the list is Anthony Tersigni of Ascension Health Alliance, with $17.6 million in compensation in 2014.
From the Wall Street Journal:
High pay at charities has drawn scrutiny from some lawmakers because the organizations receive substantial tax breaks for committing to public service. Charities receive federal tax benefits worth upward of $100 billion a year, according to the Congressional Research Service. That doesn't count tens of billions of dollars in state and local subsidies.
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