Kenneth S. Polonsky earned $2,705,430 from University of Chicago by working 40 hours a week in 2020.
Chicago-based University of Chicago amassed $3,705,144,407 in revenue in the tax year ending in 2020, spending $4,101,909,518.
There are 3,005 not-for-profit organizations registered in Illinois.
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 Illinois in 2020
| Rank | Executives | Not-for-profit Organization | Total salary |
|---|---|---|---|
| 1 | James E. Delany | The Big Ten Conference, Inc. | $5,556,852 |
| 2 | Michael Horowitz | TCS Education System | $3,065,709 |
| 3 | Michael Dandorph | Rush University Medical Center | $2,750,014 |
| 4 | Kenneth S. Polonsky | University of Chicago | $2,705,430 |
| 5 | Mark A. Schmid | University of Chicago | $2,448,279 |
| 6 | Larry J. Goodman | Rush University Medical Center | $2,207,047 |
| 7 | Mark Frey | Alexian Brothers - AHS Midwest Region Health Company | $2,177,333 |
| 8 | K. Ranga Rama Krishnan Mb Chb | Rush University Medical Center | $1,874,770 |
| 9 | Valluvan Jeevanandam | University of Chicago | $1,805,064 |
| 10 | Luca Vricella | University of Chicago | $1,719,845 |
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