Friday, August 26, 2005

Bennington Banner - Today's Headlines-County's nonprofit chiefs' earnings in line

Bennington Banner - Today's Headlines: "County's nonprofit chiefs' earnings in line

By CLOVER WHITHAM
Staff Writer

BENNINGTON -- They may be called nonprofits, but they're still making money.

The pay for area nonprofit executive directors, often set by a board of directors or trustees, floats around 7 percent of the organizations' total revenue. Across organization size and type, the percentages remain similar to each other and in line with other nonprofits in the state.

The Vermont Alliance of Non Profit Organizations reports the average salary of nonprofit directors according to organization size, as well as the middle 50 percent range of salaries."

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