I thought that was the point of non profits, you gotta funnel money to the people running it or you get looked at like a failure by the other oligarchs.
I can’t comprehend why the highest executive at one of these places would get paid more than 250k. It’s a nonprofit in fucking ohio, MCOL in cities at best, LCOL in huge swaths of the state.
They wield tremendous power. Nonprofits should not be tools for oligarchs to shelter assets and defraud the public, but they are all over the US and probably the world.
Because that’s the going rate for CEOs. Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
Which is all really terrible because no CEO is worth that much. They only get paid that much because big corporations have absurd amounts of money, and the people in charge of setting salaries have no restriction on paying themselves that much.
Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
How is that a problem?
Why not hire someone like me instead of someone that wants capitalist omnicide?
To me the real reason it’s a red flag is that nonprofit staff are supposed to file income taxes, and those taxes have funded the Iraq invasion and Guantanamo Bay and starvation in Gaza and subsidies for the oil industry and shit, but there are other ways to divert that money through the nonprofit with tax exemption.
So if I was the CEO of that nonprofit why tf would I ever take a big salary when I actually want to help the world survive, not ruin it like some corporate asshole?
Seems like a signal that someone like me isn’t allowed to be CEO of a nonprofit like that because I’ve done everything I can to avoid paying these warlord taxes instead of being part of some rich people money laundering club
$159,974,600 in “Salaries, wages, and related fringe benefits” for 2025.
Why would a nonprofit company that supplies databases of library metadata need to pay $160 million dollars to staff? You can run a midsized business for that. https://www.oclc.org/content/dam/oclc/annual-report/2025/pdf/2025_OCLC_Audit_Report.pdf
2024 executive earnings: https://projects.propublica.org/nonprofits/organizations/310734115
Leeches.
They serve 30,000+ libraries in 100+ countries according to Wikipedia, sounds like it might involve a lot of staff
They might be leeches but on the other hand you might be underestimating how much work goes into trying to keep library databases accurate
I thought that was the point of non profits, you gotta funnel money to the people running it or you get looked at like a failure by the other oligarchs.
I can’t comprehend why the highest executive at one of these places would get paid more than 250k. It’s a nonprofit in fucking ohio, MCOL in cities at best, LCOL in huge swaths of the state.
They wield tremendous power. Nonprofits should not be tools for oligarchs to shelter assets and defraud the public, but they are all over the US and probably the world.
Because that’s the going rate for CEOs. Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
Which is all really terrible because no CEO is worth that much. They only get paid that much because big corporations have absurd amounts of money, and the people in charge of setting salaries have no restriction on paying themselves that much.
How is that a problem?
Why not hire someone like me instead of someone that wants capitalist omnicide?
We live in a Capitalist world, and like it or not, those CEOs know how to make companies thrive in it.
That’s the idea, at least.
To me the real reason it’s a red flag is that nonprofit staff are supposed to file income taxes, and those taxes have funded the Iraq invasion and Guantanamo Bay and starvation in Gaza and subsidies for the oil industry and shit, but there are other ways to divert that money through the nonprofit with tax exemption.
So if I was the CEO of that nonprofit why tf would I ever take a big salary when I actually want to help the world survive, not ruin it like some corporate asshole?
Seems like a signal that someone like me isn’t allowed to be CEO of a nonprofit like that because I’ve done everything I can to avoid paying these warlord taxes instead of being part of some rich people money laundering club