Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
401 2012/ Flickr cc
Workaday stalwarts at the nation's non-profits won't enjoy Andrea Fuller's Wall Street Journal front-pager, "Million-Dollar Paydays Jump For Officials At Charities."
- "About 2,700 people had seven-figure pay packages at the nonprofits in 2014, a number that was up a third in three years, newly searchable IRS data show."
- "Many of the $1 million-or-more packages ... included deferred-compensation contributions or payouts. In about a quarter the base pay was $1 million or more."
- "About three-fourths of the charities that provided million-dollar compensation packages in 2014 were involved in health care. About 10% were private colleges."
- "The biggest 2014 package went to Anthony Tersigni, president and chief executive of Missouri-based Ascension, one of the largest hospital operators ... His compensation totaled $17.6 million [including] a $10.2 million bonus."
Smart take: The steep paydays for these tax-exempt organizations has an especially big impact on the health care industry, Bob Herman reports — because about three-fourths of the charities that provided million-dollar compensation packages in 2014 were involved in health care.