Ever wondered how much money the CEO of the DAV makes? Get ready to delve into the intriguing world of executive compensation as we uncover the details behind the annual income of J. Marc Burgess and other DAV executives. From shedding light on the allocation of DAV contributions to exploring the impact of every donated dollar, this article will give you a comprehensive understanding of the organization’s commitment to veterans and operational transparency. So, buckle up and let’s unravel the mystery of DAV’s CEO compensation!
Things to know:
- The CEO of the DAV, J Marc Burgess, receives a compensation of $534,675 annually.
- 84% of DAV contributions directly benefit veterans and their families.
- All money raised through fundraising goes toward DAV’s services, with every dollar donated resulting in $179 in benefits for veterans.
- The average annual salary for a DAV Executive ranges from $30,000 to $102,500, with top earners making $91,500 annually.
- Some highly-compensated DAV employees have incomes rivaling and in some cases exceeding the annual salary of the President of the United States, which is $400,000.
- The DAV’s programs pick up and fill the void left by government agencies, ensuring they do not overlap or duplicate government programs.
Understanding the Compensation of DAV’s CEO
When it comes to the remuneration of high-ranking officials within charitable organizations, there’s often a public interest in understanding how funds are distributed, particularly in nonprofits that rely on donations. The Disabled American Veterans (DAV) is one such organization where the compensation of its CEO, J Marc Burgess, draws attention and scrutiny.
Annual Compensation of J Marc Burgess
In 2021, J Marc Burgess, serving as National Adjutant, CEO, and Secretary, was reported to receive a salary of $591,176, which saw a slight reduction in 2022 to $534,675. This compensation reflects the responsibilities and the significance of the role he plays within the organization.
Comparing to Other DAV Executives
While J Marc Burgess’s salary is considerable, it’s not an outlier when examining the earnings of other top executives within the DAV. For instance, Edward R Reese, Executive Director at the National Headquarters, had a reported salary of $537,692, while Barry A Jesinoski, also an Executive Director at National L Headquarters, earned $482,628.
How DAV Compensation Stacks Up Nationally
Comparisons are often drawn between the salaries of nonprofit executives and those in the government or private sector. Some highly-compensated DAV employees have annual incomes that rival or even exceed the salary of the President of the United States, which stands at $400,000. This comparison is striking, as it shows the level of compensation that top DAV executives command within the nonprofit sector.
Allocation of DAV Contributions
The DAV prides itself on the efficient allocation of its funds. In 2022, an impressive 84% of contributions were reported to directly benefit veterans and their families. This high percentage reflects the organization’s commitment to its mission and its effective use of resources.
Impact of Every Donated Dollar
One of the most significant indicators of DAV’s efficiency is the fact that every dollar donated is leveraged to result in $179 in benefits for veterans. This remarkable multiplier effect demonstrates the organization’s ability to maximize the impact of each contribution towards the welfare of veterans.
DAV’s Non-Duplication of Government Programs
DAV’s services are designed to complement, not duplicate, those provided by government agencies. By identifying and filling voids left by these agencies, DAV ensures that its programs are necessary, additive, and not wasteful in duplicating existing services.
Salary Range for DAV Executives
The salary for a DAV executive can vary widely depending on the role and level of responsibility. While the annual pay can be as low as $30,000, it can also go as high as $102,500. The majority of DAV executives have salaries that range between $50,000 and $75,000, with the top earners making up to $91,500 annually across the United States.
DAV’s Commitment to Veterans
The DAV has been instrumental in offering life-changing support to over a million veterans annually. With the organization’s focus on delivering Victories for Veterans®, the compensation of its executives, including the CEO, is a reflection of the significant operational responsibilities they undertake to ensure the success of their programs.
New Leadership and Continued Advocacy
In a bid to continue its advocacy and support for veterans, DAV announced the appointment of Bryan “Cody” VanBoxel as the executive director. This change in leadership is a testament to DAV’s evolution and its unwavering commitment to the veteran community.
DAV’s Operational Transparency
Transparency is a cornerstone of DAV’s operations, with detailed annual reports providing insights into how the organization manages its finances, including the salaries of its top executives. This transparency helps maintain trust with donors, veterans, and the public, ensuring ongoing support for its critical mission.
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Conclusion: Balancing Compensation and Service
The compensation of the CEO of the DAV is a subject of interest for many, reflecting the broader conversation around executive pay within the nonprofit sector. It’s important to consider the scope of responsibility that roles such as J Marc Burgess’s entail, along with the organization’s overall efficiency and impact. With a substantial portion of contributions directly aiding veterans and their families, and a clear strategy to avoid duplicating government efforts, the DAV remains a pivotal organization in the lives of many veterans, with executive compensation forming just one part of its comprehensive approach to veteran support.
How much money does the CEO of the DAV make?
The CEO of the DAV, J Marc Burgess, receives a compensation of $534,675 annually.
What percentage of DAV donations go to veterans?
In 2022, 84% of DAV contributions directly benefited veterans and families.
How much of every dollar goes to veterans with DAV?
All the money raised through fundraising goes toward DAV’s services, and every dollar donated will result in $179 in benefits for veterans.
How much do Disabled American Veterans Executive make?
The average annual salary for a DAV Executive ranges from $30,000 to $102,500, with top earners making $91,500 annually.
Do DAV service programs overlap or duplicate government programs?
No. DAV programs pick up and fill the void left by government agencies, ensuring they do not overlap or duplicate government programs.