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This page contains a single entry from the blog posted on October 10, 2011 5:43 AM. The previous post in this blog was Isn't she lovely. The next post in this blog is More on opening Lake O. to the public. Many more can be found on the main index page or by looking through the archives.

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Monday, October 10, 2011

Not in the 99%

The guy running Goodwill Industries in Portland, Michael Miller, continues to pull obscene compensation out of that nominally nonprofit organization: $719K a year at last report. No wonder goods aren't so cheap in the Goodwill stores any more.

Now, there's somebody who needs to see some picket signs.

It's a fairly sketchy database, but you can search Miller's and other nonprofit exec salaries here. Let it inform your charitable gifts this holiday season.

Comments (20)

Not bad, 10% of gross income spent on 7 employees. Pretty tidy.

Thank you for the public service. They probably pay the regular employees less than min wage also due to them being disabled.

I can't say I'm surprised though, the retail stores seem to be popping up all over the place.

Sorry, meant:

10% of NET income spent on 7 employees.

Our local Goodwill regularly has things priced more than the exact same item costs on sale at the local Freddie's - brand new. I guess that's an old saw now about Goodwill though.

I started donating clothes to our school's homeless student liaison. She has set up a room where anybody can come get clean, used clothes (as well as toiletries and school supplies). Every school district has a liaison like this, though I don't know if they've all set up the same type of resource. Our's also organizes an "adopt a family" event at Christmas time which my kids and I plan to support this year as well. It's nice to know money isn't getting siphoned off to pay a charity's outrageous salaries and help is getting directly to families in need.

You have to really be a picker to get the good bargains---and not the junk that most of the folks there settle for. My favorite is to go to the big distribution center near SE 17th and get almost new $300 treadmills for $20.

The Oregon Community Warehouse is a good place to donate household items. Check them out at www.communitywarehouse.org

Wow...when are they going to start selling derivatives on GW inventory and selling junk bonds to pump up his bonuses?

Obviously, Goodwill wouldn't work without his unparalleled leadership skills and business acumen. Heck, no one even knew who they were before he came around. What a complete a$$.

The privilege of non-profit status could of course be conditioned on a cap on such salaries, or on the salaries of people at some alter ego entity they might partner with to escape the limit.

"Government" is theoretically non-profit too, but * * * human greed can find a home anywhere.

Ron- Being a good picker isnt always the answer either. I remember when the Sandy Goodwill opened. They said they kept only the "good" stuff here; i.e., a blouse with a button missing would be culled and sent to the large warehouse in Milwaukie rather than be retained locally and sold at a greater discount.

That said though, I appreciate the tip about the treadmills. I'm looking for one this winter and will definitely take a trip out there to look for one!

"They said they kept only the "good" stuff here"

Funny they said that about the Goodwill on Hawthorne. I'd chalk it up to either tribal lore or salesmanship.

"Goodwill wouldn't work without his unparalleled leadership skills and business acumen."

I'll assume you're jesting, but you get all of your inventory for free and pay less-than-min wage to your workers.

I'm not seeing it as a hard formula to make work. You can tell by the rapid expansion in addition to good wages, that it seems to be working just fine.

Greed is endemic. Support Occupy Portland.

(The ILWU has had pickets out supporting Occupy Portland. I wonder if they realize they are very vulnerable on the issue of greed.)

Didn't The O expose outrageous salaries and perks at GW back about 2002 or 2003?
Thought they promised changes but could be mistaken. Nothing was done so they just keep, keepin on, eh?

The dirty little secret of Non Profits is that the CEO’s nominate their own board. Of course they are going to appoint tame board members. Look at the board of directors of these non profits. You will see folks with pseudo credentials and big phony titles working for local corporations. These folks are totally unsophisticated and couldn’t tell a financial statement from a balance sheet. They rubber stamp whatever the CEO wants. What these naïve board members don’t realize is that they are fiducially responsible for their decisions and can get sued.

There is more than one way to look at this data. For example, Miller's latest reported total compensation was 4.5% of Goodwill's net income, while the second person on the list, Oregon Public Broadcasting's Steve Bass, was reported to have total compensation equaling 8.2% of the latest OPB net income.

The compensation of the OPB executives is why I no longer give mynhard earned dollars to them!
Also...Miller's brother is also a highly paid CEO of a Goodwill back east.
I guess these guys figured out a pretty good gig.

Wow! 8.2% to Oregon Public Broadcasting's CEO. That explains their many call asking for contributions. I guess that is free enterprise, while they have programs lambasting such. And then taxpayers directly subsidize OPB as well as through being a "non-profit", again being subsidized. But I have enjoyed "Prohibition".

Nonprofits aren't supposed to have shareholders. And so percentages of revenue shouldn't be the measuring stick for these guys. Nobody working for a nonprofit should be making more than $250K, and the top five of any such organization should total under $800K. Higher than that, then the firm ought to be paying taxes.

Michelle Obama said not to work on wall street but to go to work for a non profit. Must be a better way to scam the poor.

Goodwill has always operated as a shady non profit.

Not only do they get the goods free they also profit on paying the disabled far less than minimum wage.

Sweat shop labor + free goods = $$ for execs!

What a scam, so completely American isn't it?

Keep up the good works. And just recently searched for info on Goodwill and their policies.

Came across this link. About him & his brother.
http://www.ncrp.org/news-room/news-2005/402-goodwill-chief-agrees-to-pay-cut

Back in 2005 and seems nothing is changing. And what they are doing to the disadvantaged individuals. Many across the nation are farming out the disabled as slave labor to car companies & even the military bases as a compliant workforce.
http://the-alarm.com/fhar/goodwill.html




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