From Deseret News archives:
Charity officials pay deemed 'appropriate'
Co-founder opted to forgo a salary in struggling first year
He was paid $501,467 then for salary, benefits and expenses, according to tax forms the Utah-based nonprofit group filed (and are available on GuideStar.org). President Bush's salary that year was $400,000.
Some other Children's Miracle Network executives didn't do too badly that year either. Jim Hall, who replaced Shannon as president and CEO, was paid $333,404. Chief Operating Officer Scott Burt was paid $363,071. Radiothon President Bob Lind was paid $301,020. Chief Marketing Officer Craig Sorensen was paid $276,160.
Exact pay for most other officials was not included on tax forms, but they report at least 47 other employees were paid more than $50,000 each. That was the last year for which the charity says it has filed a Form 990 with the Internal Revenue Service.
Most members of its board of directors including entertainers Marie Osmond, Jimmy Osmond and John Schneider served without pay.
The charity says that while such compensation may seem high, it is appropriate for a nonprofit of its size, which it says raises $237 million a year for children's hospitals.
"We believe all of our wages are absolutely within the market for being competitive and appropriate for each position," said Hall, the charity's current president. "If you are going to recruit talent, you have to do it competitively."
Some organizations that study nonprofits agree that its salary levels are in the right ball park, but it depends on how the Children's Miracle Network is grouped among other charities.
Such grouping is complicated by the fact the network says it does not touch most of the money it raises. Instead, it has local hospitals directly collect pledges from the network's telethons and other fundraisers. In contrast, most traditional charities raise money themselves and then distribute it through grants to others.
Meanwhile, the network raises its own operational funds by contributions specifically for that purpose from corporations, and by fees paid by hospitals to participate. None of the money for network salaries and operations comes from donations made through telethons, the group says.
Shannon said that is unique among charities. "The IRS actually had to come sit down with us because they had never seen an organization like ours," he said.
Recent comments
What did Marie do to you? Boy, you really have it in for her (and I...
Randy Jernigan... | Aug. 22, 2008 at 2:48 a.m.
CMN raised 3 billion dollars since its conception giving 100% of the...
3 Billion | July 22, 2008 at 10:34 p.m.
You say that neither Marie Osmond or Donny Osmond take a salary for...
Randy Jernigan | June 1, 2008 at 2:47 p.m.
- Kirilenko will not play tonight 2:37 a.m.
- Dry spell dooms UVU 2:32 a.m.
- Griffins cruise by St. Thomas 2:32 a.m.
- WSU wins conference road opener 2:30 a.m.
- Oden hurt, done for season? 12:56 a.m.
- USU home-court streak ends 12:55 a.m.
- USU names field after Merlin Olsen 12:52 a.m.
- Utes stop Idaho State 12:51 a.m.
- Y., U. to learn bowl destinations 12:49 a.m.
- Utes' team staying well-tuned 12:48 a.m.
- Why is Y. ignoring spew of hatred?
309 - Letters: Liberal because LDS
247 - Y. profs: Beck not all-knowing
195 - Hate not limited to 1 in-state rivalry
189 - Aggies shoot past Cougars
179 - N.Y. Senate rejects gay marriage
128 - Unbeaten BYU takes trip to Logan
105 - George lost in rivalry hatefest
104 - Harpring's NBA career is over
94 - Ed Smart 'appalled' at testimony
90
Trolley Square's annual Holiday Open House will feature visits with...
That does it — I'm having an affair! Thanks to Tiger Woods, David...
First, a big thank you to all who posted questions here for me to ask...
We'll be watching the AGGIES in the NIT. At least BYU will BE in the NCAA....
You're right, the REFs don't care...they laugh when they leave the...
Las Vegas- Wyoming v USC Poinsettia- Air Force v Cal Armed Forces- Utah v....
Just another mental lapse. This is the NBA, this isn't a regular high school...
T-Buck, ESPN's box has CJ Miles shooting 3-for-10. Not a great deal of...
Tiger Woods used the media build up and sponsorship $$$ to attract...
Hey fellow Aggies, quit whining. We lost to the better team tonight. BYU...
I am glad the Cougars won this one too. What was the score with AZ...
More Maynor, 10 min. of Fes, we get the win. Since Jerry's extension, Fes...
Ivan--thank you buddy. It's always good to get the input of a BYU fine...


