Nonprofit Compensation & Benefits Report Released by Rollins Philanthropy & Nonprofit Leadership Center
ORLANDO, Fla., July 9, 2009 — The Rollins Philanthropy & Nonprofit Leadership Center today announced the findings of its 2009 Nonprofit Compensation and Benefits Report. The study, which is the second of its kind, examined the compensation, benefits and employment practices of over 145 eligible nonprofit organizations, a sector that employs over 14,400 people in the Central Florida region.
“Since the two years when we released our initial findings, we’ve seen mounting pressure on nonprofits to compete for talent with their business counterparts, resulting in higher pay at the top-level and a need for more comprehensive benefits for employees at all levels,” said Margaret Linanne, executive director of the Center. “However, given the economy, nonprofit employees are staying longer at their jobs, and only a small percent expect to offer salary increases for employees in 2009.”
The report found that male CEOs/executive directors earn significantly higher pay than their female counterparts on average. According to the report, the average annual compensation for male CEOs/executive directors was $110,962 versus $80,987 per year for females. While more of the surveyed CEOs/executive directors are women, there are more males in the CEO/executive director positions at the largest organizations.
Fifty-three percent of the CEOs/executive directors in the survey hold a master’s degree or doctorate. Salaries were generally seen to increase with the level of education achieved; those with a master’s degree earned an average salary of $105,866 versus those with a bachelor’s degree, who earned an average of $85,318.
Base salary levels for the four executive positions reported in detail have risen significantly since the Philanthropy & Nonprofit Leadership Center’s initial 2007 study:
* CEO/executive director: $93,939 in 2009 versus $79,161 in 2007
* COO/associate director: $87,897 in 2009 versus $72,902 in 2007
* CFO: $90,897 in 2009 versus $85,135 in 2007
* Development director: $72,323 in 2009 versus $69,107 in 2007