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American OligarchyThe Permanent Political Class$
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Ron Formisano

Print publication date: 2017

Print ISBN-13: 9780252041273

Published to Illinois Scholarship Online: May 2018

DOI: 10.5622/illinois/9780252041273.001.0001

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The Profitable World of Nonprofits

The Profitable World of Nonprofits

Chapter:
(p.161) Chapter 7 The Profitable World of Nonprofits
Source:
American Oligarchy
Author(s):

Ron Formisano

Publisher:
University of Illinois Press
DOI:10.5622/illinois/9780252041273.003.0008

Wealthy nonprofits now emulate the corporate model of excess compensation combined with lax oversight. Increasingly, executives of nonprofit organizations with healthy cash flow interact with and become embedded in the political class and adopt the lifestyle of the one percent.

Keywords:   CEO salaries, Kentucky scandals, entitlement, Bluegrass Airport, Kentucky League of Cities, Kentucky Association of Counties, Patronage culture

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