Quantcast

Sunshine Sentinel

Thursday, January 30, 2025

Eighth highest salary for a not-for-profit executive in Florida in 2020 is $1,819,463

Webp genbusiness010

Dipen J. Parekh received the eighth highest annual salary among Florida not-for-profit executives, according to Non-Profit Light.

Dipen J. Parekh earned $1,819,463 from University of Miami by working 80 hours a week in 2020.

Coral Gables-based University of Miami amassed $4,245,244,592 in revenue in the tax year ending in 2020, spending $4,155,254,814.

There are 3,022 not-for-profit organizations registered in Florida.

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 Florida in 2020
RankExecutivesNot-for-profit OrganizationTotal salary
1Manuel DiazUniversity of Miami$9,571,978
2Daniel MullenUniversity Athletic Association, Inc.$6,160,592
3Joseph LamelasUniversity of Miami$2,556,914
4Michael E. WhiteUniversity Athletic Association, Inc.$2,482,250
5James J. LarranagaUniversity of Miami$2,404,989
6Jeffrey T. GranthamUniversity Athletic Association, Inc.$1,941,862
7Alan F. ListH Lee Moffitt Cancer Center and Research Institute, Inc.$1,846,432
8Dipen J. ParekhUniversity of Miami$1,819,463
9Martin RocheHoly Cross Hospital, Inc.$1,756,530
10Jonathan LevyHoly Cross Hospital, Inc.$1,755,764

MORE NEWS