Lonely At the Top

{Note: This post has been co-published by the Maine Association of Nonprofits.} It’s not easy being a nonprofit CEO. People expect the CEO to have all the answers. The ideal CEO is inspiring, strong, visionary, articulate, persuasive, down to earth, and, of course,...

CEOs, and Everyone Else

A recent article in the Boston Globe about the generous perks major Massachusetts nonprofits are providing to their CEOs has stirred up debate once more about proper compensation and incentives for charitable executives. Some of the perks are wildly generous. The...

Getting Paid — Part II

As I said in my last post, a nonprofit CEO has a challenging job. CEOs need to receive fair compensation. But there are limits. The greatest challenge for CEOs is balancing external forces with internal needs. If a private school overestimates how many tuition-paying...

Getting Paid — Part I

Let’s talk about nonprofit salaries. The greatest expenditure by most nonprofits is for staff salaries, which makes sense: a nonprofit typically doesn’t produce goods, as a manufacturer does, but services, and those services are usually provided by paid staff members....