CEO makes $686,805 to run Long Island nonprofit

There are 20 comments on the May 20, 2007, Newsday story titled CEO makes $686,805 to run Long Island nonprofit. In it, Newsday reports that:

Roslyn Goldmacher, president and CEO of the nonprofit Long Island Development Corp., which makes loans to small businesses Islandwide, made $686,805 in total compensation last year.

Join the discussion below, or Read more at Newsday.

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Holy smoke

AOL

#1 May 20, 2007
Woman it is never enough..This is what happens when woman run things..Is she worth it....NO...Boy does she know how to run a not fot profit org. She it the one with the big profit
HOW BOUT ME

Hawthorne, NJ

#2 May 20, 2007
I HAD TWO DOLLARS AT MY LEMONADE STAND... WHAT ABOUT ME.. I VE EARN THE CHANCE TO DO HER JOB.. ALL I ASK IS FOR A $10000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 000000000000000000000000000000 0000000000. SALARY. ITS OK. TOM SUOZZI DOESNT CARE. HE LISTENS TO SATELITE RADIO ALL DAY ANYWAY.
get_a_clue

Fort Lee, NJ

#3 May 20, 2007
With compensation like that, no wonder it's a non-profit.
unfair

Edison, NJ

#4 May 20, 2007
I know so many people who volunteer thier time and energies to help a cause they feel something for. I dont thing she should scrape by, but her salary is excessive. Of course her board is going to support her, she is the one who put them there to start. Phyllis Hill Slater is an absolute clown, someone should look into her past.
jonny john

United States

#7 May 21, 2007
the headline should just read

NON PROFIT PROFITS!
Unknown

Columbus, OH

#9 May 21, 2007
Some worthy advice for you. Enroll in an English literature and grammar class!
unfair wrote:
I know so many people who volunteer thier time and energies to help a cause they feel something for. I dont thing she should scrape by, but her salary is excessive. Of course her board is going to support her, she is the one who put them there to start. Phyllis Hill Slater is an absolute clown, someone should look into her past.
An American

Stony Brook, NY

#10 May 21, 2007
Why does anyone need that kind of salary?

Oh yeah, I forgot. Greed.
Debbie

Astoria, NY

#11 May 21, 2007
are you kidding no one is worth that money
Peter

Lebanon, NH

#12 May 21, 2007
Yet another example of the greed that permeates Long Island..
Billy Club

Waynesboro, VA

#13 May 21, 2007
No wonder she's got that wide grin on her puss. Bet she doesn't have to struggle with the 3plus bucks for gas.
joe

Hawthorne, NJ

#14 May 21, 2007
Shameful !!!!!!!
Long Islander

AOL

#18 May 21, 2007
All of this ridiculous fuss is due to the mere fact that she's a woman. Clearly she's been successful in her vision to broaden the scope and advancement of small business here on Long Island. Long Islanders, stop bellyaching and be grateful for all that she's done for our home.
Ray_D

Lexington Park, MD

#19 May 21, 2007
With the cost of living on Long Island being what it is, that puts her right about middle class. Plus, she has a lot of palms to grease, so I can kind of justify it.
unreal

Bethpage, NY

#21 May 21, 2007
Ray_D wrote:
With the cost of living on Long Island being what it is, that puts her right about middle class. Plus, she has a lot of palms to grease, so I can kind of justify it.
Best and funniest post so far. I think a lot of people are jealous of the fact that they don't make near that money (BTW, neither do I). That's capitalism, don't like it move to Cuba. I know it's a non-profit, but that doesn't mean there aren't administrative costs to pay. If she's worth it, why should anyone else care?
Steve

New York, NY

#24 May 21, 2007
Unknown wrote:
Some worthy advice for you. Enroll in an English literature and grammar class!
<quoted text>
You know sometimes I feel I just have to say something. The person you attacked was just trying to speak their mind. Maybe they didn't get the education you did, but for you to attack them just shows what an IDIOT you are.
Steve

New York, NY

#25 May 21, 2007
Afterdowningstreet org wrote:
That's the Bush family way. The rich get richer.
Halliburton Unit to Pay $8 Million for Overbilling
KBR Settlement Ends Kosovo Case
http://tinyurl.com/y9howl
http://www.washingtonpost.com/wp-dyn/content/...
What does that have to do with this story?
Real Facts

New York, NY

#26 May 21, 2007
Quite true, you should not care what I pay my employees. If I feel that this guy is worth $40,000 a year, and this gal is worth $110,000, it is no ones business.

I feel that the same thing should generally apply in a non-profit. However, there are a few issues. First, unlike a corporation, a non-profit is not paying any taxes. Secondly, since most non-profits look for donations, I feel that those who donate are entitled to know where there money goes. Case in point, I used to donate to a group, until I leaned that the telemarketers kept as much as 90% of what I was donating. So, when I realized that of the $100 I donated, the kids were only getting $10. I changed what and how I donate.

Lastly, this group gets some of its money from the government. So, guess who is paying her salary. You got it, the same people that pay for $200K cops,$100k teachers, School officials that steal for our kids, Politicians that get free cars, and people who volunteer two hours a month and we give them free healthcare for life. That right, ding, ding, ding, it is us, the taxpayers. Give that man a new tax bill with a 10% increase!

So, that would be what we should be concerned what this woman is making.

As a side note, an interesting fact. My company (based in NYC), was thinking of opening a LI office. After investigating a few places, we reviewed the personal records. Turns out that out of almost 400 people working in NYC, less than 30 live on Long Island.

Turns out, many people have already left LI. It appears that the combination of taxes, lack of reliable transportation, and general overall congestion have impacted enough peoples quality of life, that LI is not what it once used to be.
Real Facts

New York, NY

#27 May 21, 2007
unreal wrote:
<quoted text>
Best and funniest post so far. I think a lot of people are jealous of the fact that they don't make near that money (BTW, neither do I). That's capitalism, don't like it move to Cuba. I know it's a non-profit, but that doesn't mean there aren't administrative costs to pay. If she's worth it, why should anyone else care?
Quite true, you should not care what I pay my employees. If I feel that this guy is worth $40,000 a year, and this gal is worth $110,000, it is no ones business.

I feel that the same thing should generally apply in a non-profit. However, there are a few issues. First, unlike a corporation, a non-profit is not paying any taxes. Secondly, since most non-profits look for donations, I feel that those who donate are entitled to know where there money goes. Case in point, I used to donate to a group, until I leaned that the telemarketers kept as much as 90% of what I was donating. So, when I realized that of the $100 I donated, the kids were only getting $10. I changed what and how I donate.

Lastly, this group gets some of its money from the government. So, guess who is paying her salary. You got it, the same people that pay for $200K cops,$100k teachers, School officials that steal for our kids, Politicians that get free cars, and people who volunteer two hours a month and we give them free healthcare for life. That right, ding, ding, ding, it is us, the taxpayers. Give that man a new tax bill with a 10% increase!

So, that would be what we should be concerned what this woman is making.

As a side note, an interesting fact. My company (based in NYC), was thinking of opening a LI office. After investigating a few places, we reviewed the personal records. Turns out that out of almost 400 people working in NYC, less than 30 live on Long Island.

Turns out, many people have already left LI. It appears that the combination of taxes, lack of reliable transportation, and general overall congestion have impacted enough peoples quality of life, that LI is not what it once used to be.
Bimbo Island

Trumbull, CT

#28 May 21, 2007
Go easy on Roslyn Goldmacher, she's doing God's work.
Jim Morrison

Long Island City, NY

#29 May 21, 2007
The monk bought lunch.

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