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Old Jan 09, 2017, 10:12 PM
Takeshi Takeshi is offline
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Member Since: Nov 2014
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Educational Testing Services (ETS) which administer tests like GRE, SAT, TOEFL, is the world's largest private nonprofit educational testing and assessment organization, and they are tax-exempt and there is very little transparency to their cost structure has they are not obliged to publish their annual report.

According to the publicly available 990 tax forms filed to the IRS by ETS, which operate under 501(c)3 tax exempt status because of their declared educational missions, we can find the following facts.

- ETS's president salary (reportable compensation from the organization) was $1,254,023 plus $80,374 of estimated amount of other compensation from the organization and related organization. That makes a total of $1,334,397 in 2011.

- ETS has declared 36 Senior VPs, vice-presidents, Chief of something in 2011. These executives made an average salary of $399,496. The average total compensation (including the "other compensation mentioned above) was $411,655.

- ETS has declared 19 trustees paid an average of $54,166 for 6 hours of work per month.

Some of these execs are paid more than the VP of the United States. They are evil profiteers, I just wanted to complain about the cost because this seems so unfair...
Thanks for this!
nushi