Charity work pays well at the nonprofit National Fire Protection Association in Quincy.The great moments of the rent-seeking society.
When James M. Shannon retired in 2014 as president and chief executive officer, he left with an eye-popping $4.1 million in earnings. Not bad for a former Democratic congressman and state attorney general whose pay in those jobs was a small fraction of the $10.5 million he earned in 12 years as the nonprofit’s president.
Earnings for the association’s chief financial officer, Bruce H. Mullen, hit $1.2 million in 2014, federal financial filings show. Another executive got nearly $560,000.
The organization defended the compensation packages, which made Shannon and Mullen two of Massachusetts’ highest-paid nonprofit executives in 2014.
Monday, March 13, 2017
At Fire Protection Association, nonprofit doesn’t mean low pay
The Boston Globe reports: