The CEO of Goodwill has a salary that is on par with execs at other nonprofits. A new study suggests that the nonprofit Goodwill CEO salary can make up to $123,362 in some states. For more than 120 years, Goodwill has worked to create job opportunities for people in need.
So, who are these CEOs and what kind of work do they do? What does the average annual salary for a nonprofit CEO look like? Find out all of this and more as we explore the salary of a Goodwill CEO.
Company Overview
Goodwill Industries International, Inc. is a management and consulting company and a nonprofit organization. Individuals and families may benefit from the Company’s career, job training, placement, and employment services, as well as its supporting services. In the United States, Goodwill Industries International provides services to clients.
Who is the CEO of Goodwill?
Currently, Steven C. Preston serves as the president and CEO of Goodwill Industries International, a non-profit dedicated to providing job opportunities for people of all ages and backgrounds, including those with disabilities, criminal records, and other unique circumstances. Mark Curran is a fictional character who doesn’t exist; he’s the CEO of a fake company called Goodwill Industries. Mark Curran is not the real CEO of Goodwill Industries.
What are Nonprofit Organizations?
Some nonprofit organizations work to improve the quality of life for everyone around them. Nonprofits are organizations that don’t make money. They work to improve the lives of others. Nonprofits spend money on things that help others while for-profits spend money on things to make themselves richer.
Some nonprofit organizations are government programs that provide services to the public. Some nonprofits are religious organizations that support and help the poor.
What is a Nonprofit CEO?
A non-profit CEO is an executive of a nonprofit organization. These leaders work to improve the lives of others while trying to make as little profit as possible for themselves and their company or organization. Many CEOs of non-profits have some education in business, finance, and economics, which may enable them to build good relationships with other executives from
How much do nonprofit CEOs make?
A Nonprofit Goodwill CEO salary make an average annual salary of $176,633 per year.
Nonprofit organizations are focused on providing goods and services to people in need or those with lower incomes. They provide these goods and services without profit as their main goal. Nonprofits look to raise money through donations and grants so they can cover operational costs and continue to provide needed services to those in need.
As we mentioned before, nonprofit CEOs typically make an average of $176,633 per year. This number has been steadily increasing over time due to inflation, cost of living increase, or an increase in funding for nonprofits themselves. Executive directors are seeing their salaries go up as well because they are taking on more responsibility than ever before.
If you want to know about the other nonprofit organization CEO net worth:
American Heart Association CEO salary
What is the average nonprofit CEO salary?
CEOs of nonprofits have a wide range of salaries, but they are on par with execs at other nonprofits. CEOs of nonprofits earn an average salary of $100,826 per year, according to the study.
The ceo of goodwill salary varies depending on the size and location of the organization. For example, a CEO who oversees a company with 11 locations can expect to make around $159,000 annually while a CEO running an independent store might only make around $30,000 a year.
With these facts in mind, Goodwill is certainly not breaking any records. But there are plenty of CEOs from nonprofits who make upwards of six figures–according to Forbes.
Why does a CEO need to be paid well?
The nonprofit sector is booming. Nonprofits support a growing number of employees, which come with high salaries. Nonprofit CEOs are paid well because they have the responsibility of managing the welfare of their organization and staff members.
They ensure that everyone gets what they need to survive and thrive. This includes health care benefits, retirement plans, and other perks like dental insurance or tuition assistance programs. If their job was easy then they wouldn’t be compensated so well!
How much does a retail CEO make?
The answer to this question may surprise you. Some have said that it’s difficult to get a good understanding of the duties of a nonprofit CEO because there are so many different factors that go into running these organizations.
However, it is estimated that the average annual salary for a nonprofit CEO range from $133,458 and $227,599 per year depending on their experience and the size of the organization they work for. The population served by Goodwill will also factor into how much one can earn as a corporate executive.
Conclusion
A nonprofit CEO can be paid anything from $133,458 and $227,599. However, the average nonprofit CEO salary is $150,000. And it takes a lot of work to become CEO of a retail company with an average salary of $250,000. CEOs need to be paid well to motivate them to do their best.