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To: E. Pluribus Unum

If you want to get rich, hook up with a “Non-Profit” those guys make more profit than just about any For-Profit corporation. (It’s all about the taxes.)


9 posted on 04/12/2025 9:53:33 AM PDT by ClearCase_guy
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To: ClearCase_guy

Not all.

For almost a decade, I was the Executive Director of a professional trade association.

My “profit” was 3% after expenses, which was set aside in reserves in case a program or event did not perform well. My OPEX was less than 10% of the total budget (salaries, rent, utilities, insurance).

Roughly 87% was put back into member events, publications, speakers, off-setting free education, networking events, legislative advocacy, etc.

I grew the organization’s member base by 150% and won 14 national awards by staying focused on the core reason the organization existed: to provide quality education and resources to the professionals in my field.

Some of us care about the mission and are horrified by cash grabs.


43 posted on 04/12/2025 10:56:29 AM PDT by TheWriterTX (🇺🇸✝️🙏🇮🇱)
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