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Monday, December 23, 2024

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

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Mateen Akhtar received the sixth highest annual salary among North Carolina not-for-profit executives, according to Non-Profit Light.

Mateen Akhtar earned $1,744,307 from Rex Hospital, Inc. by working 60 hours a week in 2020.

Raleigh-based Rex Hospital, Inc. amassed $1,237,265,028 in revenue in the tax year ending in 2020, spending $1,254,241,329.

There are 2,339 not-for-profit organizations registered in North Carolina.

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 North Carolina in 2020
RankExecutivesNot-for-profit OrganizationTotal salary
1Nido QubeinHigh Point University$2,900,325
2Julie Ann FreischlagWake Forest University Health Sciences$2,060,166
2Julie A. FreischlagNorth Carolina Baptist Hospital$2,060,166
4Jonathon C. KingUNC Management Company, Inc.$1,933,456
5Deepak PasiRex Hospital, Inc.$1,799,864
6Mateen AkhtarRex Hospital, Inc.$1,744,307
7Joseph FalsoneRex Hospital, Inc.$1,740,105
8Benjamin AtkesonRex Hospital, Inc.$1,584,000
9Mohit PasiRex Hospital, Inc.$1,582,520
10Edward H. KincaidWake Forest University Health Sciences$1,435,299

ORGANIZATIONS IN THIS STORY

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