Nonprofit executive on a cell phone.
Salaries of nonprofit executives vary according to organization type, responsibilities and geography. In smaller job markets, for example, salaries are typically less than in a highly competitive job market. Common nonprofit executive job titles include executive director, executive vice president and director.
Definition
Community organizations endorsed by private contributions have existed in the United States since the mid-18th century. In modern society, the word "nonprofit" refers to a type of business that is organized under rules that forbid the distribution of profits to owners.
Considerations
Though nonprofit owners do not participate directly in the profits of the organization, executives are compensated for their level of participation in programming and fundraising activities.
Executive Director
The executive director is responsible for the management of all human and financial resources needed to achieve an organization's mission and execute the objectives set forth by its board of directors. As the organization's figurehead, the executive director should expect salaries ranging from $50,000/year to well over $200,000, according to a 2010 Payscale salary report.
Director
Nonprofit directors usually have a job title that reflects their area of responsibility. Directors who focus strictly on development or operations might be called a director of development or director of operations. Directors typically report directly to the CEO, vice president or executive director. Reported national averages of nonprofit directors to range from $70,000 to $115,000 per year, according to a a 2010 Salary report.
Executive Vice President
Executive vice presidents typically are responsible for providing regional, national or global leadership in strategic planning, communication and evaluation of programs and policies necessary to achieve all established region-wide objectives. Payscale reports average salaries of executive vice presidents range from $75,000 to $120,000 per year in 2010.
Tags: executive director, from year, according 2010, range from, range from year, vice president