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Thursday, November 7, 2024

2020: Which not-for-profit executives earned the highest salaries in Pennsylvania?

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Stephen K. Klasko received the fourth highest annual salary among Pennsylvania not-for-profit executives, according to Non-Profit Light.

Stephen K. Klasko earned $4,379,689 from Thomas Jefferson University by working 60 hours a week in 2020.

Philadelphia-based Thomas Jefferson University amassed $1,089,489,788 in revenue in the tax year ending in 2020, spending $1,101,399,101.

There are 4,091 not-for-profit organizations registered in Pennsylvania.

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 Pennsylvania in 2020
RankExecutivesNot-for-profit OrganizationTotal salary
1Jeffrey A. RomoffUPMC Group$9,070,910
2Jerold T. WrightVillanova University$6,150,206
3Patrick R. NarduzziUniversity of Pittsburgh$4,763,543
4Stephen K. KlaskoThomas Jefferson University$4,379,689
5Jaewon RyuGeisinger-Bloomsburg Health Care Center$3,766,472
6Fjeffrey Capel IIIUniversity of Pittsburgh$3,491,814
7Roderick CareyTemple University - Of the Commonwealth System of Higher Education$3,209,274
8C. Talbot Heppenstall Jr.UPMC Group$3,006,169
9Madeline BellThe Children's Hospital of Philadelphia$2,909,927
10Steven D. ShapiroUPMC Group$2,547,552

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