The CEO of Susan G. Komen for the Cure had a salary of $459,406 in 2010!

The CEO of Susan G. Komen for the Cure had a salary of $459,406 in 2010!

Most people don't like to realize that most nonprofit organizations make a lot of dough and keep it. They just get away with it. In the 2009-2010 fiscal year, the Susan G. Komen for the Cure earned $400 million. A little over 91% of that $400 million came from the public and the rest from interests and dividends and gains on investments.


The organization claimed $360 million in expenses for that year. Only $75.4 million of that went to research and $283.2 million went towards program services. Then $140.8 million went to public health education and $46.9 million went to health screening services. The final 5.6% went to treatment services. The other 76.8 million of the $400 million went to two places:fund raising costs and general and administrative costs.


That year, the organizations CEO, Nancy Brinker, made $417,712 and currently she makes $684,000 per year. Compared to the overall gain of the cancer organization it isn't that much, but it is quite a chunk of change for an organization that is supposed to not be profiting from it.


Brinker makes over a quarter million dollars more than even bigger organizations like Red Cross. In perspective, the Susan G. Komen for the Cure is about one tenth the size of the Red Cross.


(Source)



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