Examples of scenarios where the salaries of nonprofit organizations are at par with for-profit organizations are places such as the hospitals, multinational charities, and universities. CMDs of Hospitals and Presidents of Universities can get a gross take-home pay ranging from half a million to a million dollars. However, the head of a local literacy center or a hunger alleviating foundation will earn significantly lower salary but with a sense of fulfillment derived from helping humanity
In conclusion, a nonprofit organization can have customers, sell products and services, will require revenue, and should promote its activities. Moreover, the organization should take customer satisfaction seriously; both the donors and the beneficiaries should be satisfied with the operations of the organization. The goal of establishing a non-profit organization is to serve public interests; more like any other business, its success or failure depends on proper management of the organization.
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AuthorYoel “Mo” Molina and I am a lifelong resident of Miami, Fl. I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S. 1997 and University of Maine School of Law, J.D. 2001. I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office. I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters.. Archives
December 2020
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