Portrait of Nonprofit Executive Leadership.As with any business, the capabilities of a nonprofit organization's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and management team will be perhaps the most critical factor in the organization's performance and its success in attracting investment by individuals, government and foundation funders. The market for skilled nonprofit executives is very competitive. Nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. must vie with private sector companies to attract and retain talented managers. Nonprofits typically cannot match compensation offered by for-profit companies for comparable positions. Nonprofits that are able to provide reasonably comparable salaries, including incentive plans and fringe benefits fringe benefits, n.pl the benefits, other than wages or salary, provided by an employer for employees (e.g., health insurance, vacation time, disability income). , often remain at a disadvantage in that they cannot offer stock options and the high upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar they bring. Still, nonprofit organizations are able to offer greater job satisfaction and personal fulfillment than many for-profit businesses, which many nonprofit CEO's and senior managers find compelling. Nonprofit organizations may enjoy greater continuity in executive leadership, too. The average tenure for a nonprofit CEO is 8 years, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 1999 Wage & Benefit Survey of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Nonprofit Organizations, survey of 241 organizations comprising 11,235 employees. Women are very strongly represented in nonprofit executive leadership. 65% of the nonprofit CEO's surveyed are women, while women comprise 73% of the total workforce surveyed. Women are more likely to be CEO's of smaller organizations, however, and the median compensation for female executives was 85% of that for males. Compensation for nonprofit CEO's ranges from an average of $62,696 for organizations with budgets between $500,000 to $1,000,000, on up to an average of $111,811 for groups with budgets over $5 million. Source: 1999 Wage and Benefit Survey of Southern California Nonprofit Organizations, published by the Center for Nonprofit Management. |
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