Bill Bedrossian, serving as the Chi President & CEO of Covenant House California, received a total annual compensation of $334,937, according to the latest available data as of February 2023. This figure represents his overall earnings for the period reported.
Detailed Breakdown of Compensation
His total compensation is comprised of two main components: direct compensation and other reported benefits. This data is publicly available through nonprofit financial disclosures.
Here's a breakdown of his annual earnings:
| Component | Amount |
|---|---|
| Compensation (Salary & Wages) | $297,629 |
| Other Compensation (Benefits, etc.) | $37,308 |
| Total Annual Compensation | $334,937 |
This information is sourced from financial records detailed on ProPublica's Nonprofit Explorer, which provides insights into the compensation of key employees and officers at nonprofit organizations like Covenant House California.
Understanding Nonprofit Executive Pay
Executive compensation in nonprofit organizations, such as Covenant House California, typically includes a base salary and additional benefits. These figures are reported annually to ensure transparency and accountability to the public and donors. The "other compensation" category can include a variety of benefits, such as retirement contributions, health insurance premiums, or non-taxable benefits, which contribute to the overall value of the compensation package.
