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Saturday, November 23, 2024

What was the highest salary earned by a not-for-profit executive in Vermont in 2020?

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Shane Jacobson received the ninth highest annual salary among Vermont not-for-profit executives, according to Non-Profit Light.

Shane Jacobson earned $384,828 from University of Vermont And State Agricultural COLLEGE FOUNDATION, Inc. by working 43 hours a week in 2020.

Burlington-based University of Vermont And State Agricultural COLLEGE FOUNDATION, Inc. amassed $43,752,532 in revenue in the tax year ending in 2020, spending $36,593,856.

There are 510 not-for-profit organizations registered in Vermont.

How not-for-profit executives and staff are paid is an issue consistently under the microscope.

“We urge donors to be wary of charities that pay salaries hovering near or above $1 million,” Ken Berger, president and CEO of Charity Navigator, said. “The purpose of a charity is to provide a public benefit. Every donor and tax payer subsidizes the charitable sector with that purpose in mind, not creating a class of millionaire CEOs.”

Top 10 not-for-profit executives by total salary in Vermont in 2020
RankExecutivesNot-for-profit OrganizationTotal salary
1Donald J. LaackmanChamplain College Incorporated$687,892
2Ruth CroseNortheast Washington County Community Health, Inc.$575,896
3Laurie L. PattonPresident and Fellows of Middlebury College$564,591
4Richard SchneiderNorwich University$494,371
5William BurgerPresident and Fellows of Middlebury College$489,750
6Peter EdenLandmark College, Inc.$447,022
7David ProvostPresident and Fellows of Middlebury College$420,184
8Lorraine SterrittSaint Michael's College$403,962
9Shane JacobsonUniversity of Vermont And State Agricultural COLLEGE FOUNDATION, Inc.$384,828
10Michael ThomasPresident and Fellows of Middlebury College$369,395

ORGANIZATIONS IN THIS STORY

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