The $1.2 Million Non-Profit Salary

[jeffrey]

Non-profit hospitals -- already on the defensive over billing and collection practices against the uninsured -- have another worry: how much the boss is paid.

Hospital systems might soon be asked to justify executive perks, both before Congress, which is considering new rules for tax-exempt organizations, and to the Internal Revenue Service, which this summer launched a review of compensation at the nation's charities, including hospitals.

Executives at the six largest non-profit, tax-exempt hospital systems all make more than $1.2 million a year, according to IRS documents and information provided by the organizations. The jobs come with generous benefits. One large system has given $5.1 million in forgivable loans to eight top executives since 1998. Another paid $1.8 million last year so two executives could live in other states and commute to work... [read more at usatoday.com]

[luna-mia]

I work for a LARGE "non-profit" hospital in the ER. I agree it will be interesting to see how this turns out. SOMEONE is getting rich and it sure isn't us in the trenches.