Western New York's nonprofit sector employs more than 171 leaders with salaries over $100,000, including 10 individuals who earned more than $250,000 apiece during the period.
The top paid executives are all found in the 2009 Million Dollar Nonprofits, an annual research project by Business First that this year includes the 233 largest nonprofit entities in the eight-county region. Each had revenues of at least $1 million in fiscal 2007 and combined revenues totaled more than $1.9 billion.
The IRS requires all nonprofit organizations to report the salaries of their top paid executives earning at least $50,000, as well as all salaries of board members and key staffers. This year, the Million Dollar Nonprofits list includes up to 10 such individuals per organization. This year's list includes 810 executives, with more than half, or 465, earning between $60,000 and $100,000.
At the top of this year's salaries list again is David Dunkelman, president of Weinberg Campus, who earned $951,776. That total included $444,288 reported as deferred compensation in a prior period.
But even without the deferred compensation, Dunkelman ranks No. 1 with a $507,488 salary. He oversees a campus in Getzville with multiple nonprofit corporations, including five Million Dollar Nonprofits with combined revenues of $54 million.
Three others made more than $300,000: Andrew Rudnick, president/CEO at the Buffalo Niagara Partnership, $356,618; Louis Grachos, director of the Albright Knox Art Gallery, $340,000; and JoAnn Falletta, staff conductor at the Buffalo Philharmonic Orchestra Society Inc., $320,000.
Others in the top 10 include: Thomas Kucharski, Buffalo Niagara Enterprise, $284,138; Daniel Hart, Buffalo Philharmonic Orchestra, $280,996; William Finn, Center for Hospice and Palliative Care, $273,197; Donald Boswell, WNY Public Broadcasting Association; Janet Maher, formerly of Buffalo Hearing & Speech Center Inc., $270,103; and Christopher Kerr MD, Hospice Buffalo Inc., $254,712.
Though all saw raises from the previous fiscal year with the exception of Boswell, whose salary was down by about $700, next year may be a different story: Nationally, half of all nonprofit CFOs and senior comptrollers say their organizations will reduce bonuses in the next six months and only 11 percent expect to increase salaries, according to a survey by Grant Thornton LLP.
Salaries for all of the region's top paid executives, as well as the list of the top paid CEOs and executive directors, can be found in the All About Nonprofits special publication in the Nov. 6 edition of Business First.
The publication includes data on the 233 Million Dollar Nonprofits, as well as a list of the region's 25 largest private foundations and a listing of 2010 nonprofit charitable events and fundraiser.
Subscribers will find the publication included with their weekly paper, while others can purchase copies on newsstands for $5.95 or by calling Karen Schiffmacher at 716-541-1631.