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Gerald Weinberg, Muscular Dystrophy Association CEO: about $412,000
For decades, civic-minded Americans have connected Labor Day with a worthy cause – Jerry’s kids, the telethon sponsored by the Muscular Dystrophy Association and hosted by entertainer Jerry Lewis.
Few of them know Gerry’s salary — Gerald C. Weinberg, that is, MDA’s president and CEO. Weinberg earned $313,215 for the last nine months of 2007, the most recent year available. That included a salary of $308,846 and benefits worth $4,369, IRS records show.
Pro-rated for a full year, Weinberg’s salary that year worked out to about $412,000.
Weinberg joined the association in 1957, when it was based in New York, was named campaign director in 1963 and director of field operations in 1976. Before assuming the head role, he had been senior vice president and chief operating officer.
Charity Navigator, a New York-based organization that evaluates non-profits’ efficiency, gives MDA a rating of 2 stars (of a possible). That’s because it reports spending about 15 percent of its income on fund-raising (more efficient charities keep fund-raising costs below 10 percent).
MDA also reports that the annual growth of expenses (3 percent) is outpacing income (1.5 percent), a bad sign for long-term financial health, a Charity Navigator spokesman said.