LA nonprofit paid CEO over $1.6 million in two years

LA homeless nonprofit paid Hawaii-based CEO over $1.6m in 2 years

The Story in Brief

The Story in Brief

A Los Angeles-based nonprofit that runs domestic violence shelters and homelessness programmes paid its CEO Carol Adelkoff more than $1.6 million in 2023 and 2024, according to tax filings and a report by the Los Angeles Times. The 1736 Family Crisis Center paid Adelkoff $907,923 in 2023 and $742,181 in 2024. The nonprofit says most of the sum came from unused vacation time accumulated over her four-decade career, with about $824,000 attributed to leave payout. Adelkoff's regular salary was roughly $405,000 annually, and the 2023 figure included a $495,000 bonus.

LA nonprofit paid CEO over $1.6 million in two years

Nonprofit experts question the arrangement because Adelkoff's primary residence is in Hawaii while she leads the LA-based organisation. The median compensation for executives at 16 comparable LA-area nonprofits was about $159,737. The next-highest paid executive among them made $423,932 in 2024. The organisation's attorney said the board consulted legal and financial advisers before approving the payout. Adelkoff says her total compensation has since returned to historical levels and she has no further accrued vacation time.

The Indian Opinion

Nonprofit CEOs should earn fair pay, but a compensation package several times the median for similar work and tied to a vacation payout that bypassed typical accrual caps looks like poor governance, not a bonus. The board's decision to allow an executive to accumulate eight weeks of vacation annually for decades, then pay out nearly Rs 14 crore while she stays employed, invites cynicism about where donor money goes. A simple test: will 1736 Family Crisis Center publish an independent review of its compensation policy, or will it rely on amended tax forms as the only fix?


Source: timesofindia.indiatimes.com

This story was synthesised by AI from the source linked above. Methodology and corrections.

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