The big business of housing immigrant children

According to recent tax filings, [Southwest Key Programs Inc CEO Juan] Sanchez received nearly $1.5 million in total compensation in 2016 as CEO of the non-profit he founded more than 30 years ago. His salary nearly doubled from the year before, when he was paid $786,822.

…”The salary is extraordinarily high for a charity, even a large charity,” said Marcus Owens, the former head of the Internal Revenue Service division that oversees nonprofits.

…Over the past 10 years, the organization has received about $1.5 billion for operating 83 programs across the country that include shelters for migrant children and youth justice initiatives.

 
This year, it is slated to take in about a half billion dollars in federal contracts.


…Sanchez defended his salary in the KLRU interview. “When we started, we started with nothing, very low salaries, no health insurance… Over time our board had got to the point where they said we are now at a position where we can pay you a decent salary and give you some good retirement packages,” he said.

The big business of housing immigrant children – CNN

$1.5 million in in salary? Non-profit, my ass.

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