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][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.
[/quote]

Take a deep breath, everyone.  The $ inequity rests with a few schools.  Looking at the 990s for the universe shows roughly 90+% with the heads/executive directors earning less than a DCPS principal.

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

[/quote]

If you can't see overpaid in those nonprofit salaries, I don't know what to tell you.  1% of your entire org's annual budget going to CEO comp is obscene.

Also again, charters are PUBLIC institutions.  Charter leaders should not be enriched with private-sector level salaries.  [/quote][/quote]

Public institutions with the freedom to determine what inputs will drive student success. With 45 LEA leaders making less than or equal to DCPS principal salaries you're really barking up the wrong tree, here. But feel free to be and stay wrong.[/quote]

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