Reply To: Frum non profit organizations disclosing financials.

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CTRebbe
Participant

I personally disagree with those posters who say it is nobody’s business how much these executives make. I agree if the CEO is a hard worker and has a unique talent that no one else can do he should get a higher salary than the underlings. But the donors should also realize how much of their donation is going to that. I think many people would be shocked to find out the salaries of some of these execs. I am talking about $300K, $400K and above. When we ask our children to go out and raise money for these institutions realize how much of it is going for very very high salaries. There are others that rely much more on volunteers and minimize overhead as much as possible.

Recently there were a number of schools in one city that all decided they would be strict with tuition payments during COVID-19. Some parents fought back and disclosed the salaries of the principals which are over a quarter of a million$ each year.

Realize that many yeshivas file as a synagogue and therefore do not file 990s. Curious as to the ehrlichkite of that