Sheldon C. Petersen earned $1,822,466 from National Rural Utilities Cooperative Finance Corporation by working 65 hours a week in 2020.
Dulles-based National Rural Utilities Cooperative Finance Corporation amassed $1,380,006,975 in revenue in the tax year ending in 2020, spending $1,240,837,727.
There are 2,107 not-for-profit organizations registered in Virginia.
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.”
| Rank | Executives | Not-for-profit Organization | Total salary |
|---|---|---|---|
| 1 | James D. Dahling | Children's Health System, Inc. | $8,782,799 |
| 2 | Dennis Ryan | Children's Health System, Inc. | $2,903,667 |
| 3 | Sherri Matson | Children's Health System, Inc. | $2,702,873 |
| 4 | Amr A. Elsawy | Noblis, Inc. | $2,238,506 |
| 5 | Sheldon C. Petersen | National Rural Utilities Cooperative Finance Corporation | $1,822,466 |
| 6 | Bennett Alford | University of Virginia Physicians Group | $1,810,367 |
| 7 | Jerry Falwell | Liberty University, Inc. | $1,805,610 |
| 8 | Paul Smith | CFA Institute | $1,734,363 |
| 9 | C. Darby | In-Q-Tel, Inc. | $1,654,057 |
| 10 | B. Daniel Berger | National Association of Federal Credit Unions, Inc. | $1,475,157 |
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