Nonprofit misconception

A nonprofit to you and me probably means an organization that does not make a profit and operates in the public interest. But to the executive elite and the slick operators of enterprise it means a gold mine to be excavated. What used to be called profit, retained earnings and residual income is now expensed out for exorbitant executive and administrative salaries, bonuses, club memberships, trips, privileges, golden pensions and parachute terminations.

The executives and administrators of a nonprofit like Providence Sacred Heart Medical Center can only increase their enrichment and payoff with more donations, time-stamping of service and quality, increased pressure on the patients’ dollar, financial suppression of their employees and outsourcing. It is the employees that facilitate and render care to us when we are sick and injured — not the administration and not the executive realm. Management and administration are only ancillary to the practice of medicine and patient care.

Any executive or administrator of a nonprofit health care that makes 50,000 times the minimum wage and suppresses the reasonable earnings and benefits of their employees is wickedly overpaid and morally bankrupt.

Rich Magney

Spokane