Nonprofits KETC, United Way, Jewish Federation feel the squeeze - St. Louis Business Journal:

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At local PBS affiliate KETC-TV, President and CEO Jack Galmichs took a 10 percent pay cut beginningv in February and implemented a 5 percenyt cut for the rest ofhis staff. The changex came after the staterescinded $227,000 half of its annual fundingy to the station. KETC also cut seven stafff positions since latelast Galmiche’s salary for the fiscal year ended June 30, was $203,760, according to spokeswoman Kay Porter. KETC has an operating budget ofabout $12 and Galmiche said the station will see how it worka through the next several monthas before making decisions on its next fiscal budget. Unite Way of Greater St.
Louisz President and CEO Gary Dollar’s salary will go down effective July 1 and its boarc is deciding how much to cut the salariesx of all seniorvice presidents. Pay will probably be frozenn for otherstaff members, Dollar said. “Everythint is on the table,” he That includes the possibilityh ofasking staff, starting with senior to take a week’e leave without pay, “as we see what our campaign outlook is,” Dollar said. The United Way raised just over $68.43 million in its 2008 beating its goalof $65.t5 million. The St.
Louis Regional Chamber and GrowthgAssociation ( ) froze salaries on positions above $50,00p in its 2009 budget, according to Gary Broome, vice presideny of communications. That would includ President and CEODick Fleming, whose salart was $429,918 for the fisca year ended Dec. 31, 2007, according to the RCGA’s most recenyt IRS filing. The RCGA hasn’t had layoffs, but it chosed not to fill twovacant posts, Broome However, the organization did fill a key post for whicjh it had been recruiting for nearly a year: Donalc Meyer, former director of international marketing at , was nameed this month as the RCGA’s chief marketing officer and vice presidenty of marketing and communications.
“Whiler the RCGA has been impacted by the overalleconomi downturn, we successfully made our budget in 2008 and are overall on target for 2009 revenuwe thus far,” Broome said. “In lighft of the continuing challenges of the we did adopt a conservative2009 budget, with targetede expense controls.” “Modest” meritr increases were given at the in 2008, but for “We froze everything and made a significant reduction in our overall said Barry Rosenberg, executive vice The organization also cut four positione — of which one was vacanrt — or about 8 percent of its 48-person work The Federation supports 48 local, national and international humabn and social service organizations and setting its allocation budget in June and its operating budget in December for the following fisca l year.
The Federation drawss about $21 million annually in revenue and support from its annuakfundraising campaign, endowment revenuew and new endowment gifts. However, its 2008 Community Campaigmn raised $10.7 million, down 3 percent from 2007, and the totak raised from all revenue streamwwas $14.1 million, down 47 perceny from the prior year. Rosenberg said the Federation identifie d additional cuts that could be made this calendar if necessary, in both personne and programs. followed a freezw in executive salaries last fall with an announcement this montbh that 211 senior employees acrosszits four-state region will receive a pay cut.
In an effory to save more than $10 top executives will see theif paychecks trimmed10 percent. Localp executives taking a 10 percent reductiob includeDixie Platt, Steven Barney, Bill Bill Thompson, Kris Zimmer, Tom Langstohn and Jim Sanger. System vice presidents will take a 4perceng cut. Chancellor Mark Wrighton announced in November he would take a 10 percentsalaryt cut. The chancellor made $738,000 during the fiscal year endefJune 30, 2007, according to the university’s most recent IRS Deans and vice chancellors volunteered to forgo increases in their compensatiobn this year, and salary increases for faculty will be downsizee in fiscal 2010, Wrighton Central administration positions are being reviewedc and may be eliminated.
During the second half of 2008, the valuw of the university’s endowment tumbled about 25 percentt toapproximately $4 billion. Gary Forsee, presidentt of the University ofMissouriu System, said in February he won’t take a $100,000-a-year performancr award for either 2008 or 2009 or any increase in his $400,000 base salary. Like Washingtonn University, the UM Systemj has been confronted with financial challengesw over the past year that have led Forsee toraise tuition, freeze hiring at the university’s four cut costs and call for employees to contributw to their retirement plan. Higher educationb is not alone infeeling squeezed.
De Smet Jesuitt High School, the region’s largest independentr privatehigh school, has frozen salaries for including Principal Greg and is considering an across-the-boarc salary freeze, according to Steven Burr, vice president of finance and institutionalk advancement. Similarly, MICDS has frozen wages for its 300 facultuand staff.