Reply to So this is where all the money is going at DC Charters?

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Reply to "So this is where all the money is going at DC Charters?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor??  How does this make sense?  [/quote]

The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.

[list] American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars[/list]
[list]Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871[/list]
[list]Special Olympics - $103,000,000 budget - CEO makes $414,853[/list]
[list]American Institute of Architects - $76,000,000 budget - CEO make $641,757[/list]

Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
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bullsh*t.  just because some executives are overpaid does not mean that charter executives should be overpaid.  also, charters are PUBLIC institutions, ultimately.  their pay should mirror DCPS -- both teachers and admins.  1.2 mil comp for a nonprofit with a budget of 130 mil is obscene.  [/quote]

Where do you get overpaid from? They're actually paid for a job that is difficult, in a city that is expensive to live in. You want some margarita with that salt? lol

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