On Capitol Hill, four senators this spring refused to approve a $425 million package of federal grants for the Boys & Girls Clubs of America after staff members looked at the organization’s tax forms as part of a routine vetting process and were surprised to learn that the organization paid its chief executive almost $1 million in 2008 — $510,774 in salary and bonus and $477,817 in retirement and other benefits.
“A nearly $1 million salary and benefit package for a nonprofit executive is not only questionable on its face but also raises questions about how the organization manages its finances in other areas,” said Senator Tom Coburn, Republican of Oklahoma.
http://www.nytimes.com/2010/07/27/us/27nonprofit.html?_r=1&hpwWhile I do think that excessive pay for nonprofit executives is outrageous, I think it's ironic that republicans are choosing this side of the executive compensation debate. What do you think ol' Tom had to say about pay packages at Goldman or AIG?