Prairie-MeadowsPrairie Meadows

They may work for charity but they get paid like top business execs

The CEOs of Iowa’s two non-profit casino’s each made over $650,000 last year. The salaries are controversial, with many critical of non-profit employees receiving large payouts. Prairie Meadows CEO Gary Palmer made $652,747 in 2012 and Mystique Casino CEO Jesus Aviles received $708,899 that year.

Proponents argue that large salaries and bonuses are required to keep highly skilled executives at the companies. As top-level management can have a huge effect on the revenue of a non-profit, many have argued that it is a small price to pay.

Community up-in-arms over high salaries

“Instead of fulfilling their promises to the community, Prairie Meadows chose to fill Gary Palmer’s deep pockets,” said Stacey Cargill, a West Des Moines resident who has campaigned casinos. The issue has made consistent casino gambling news in the Midwestern state.

Avile’s compensation grew by 38 percent from 2008-2012, with Palmer’s growing by an astounding 62 percent over the same period. Avile’s salary remains higher despite more overall revenue for Prairie Meadows.

Regardless of whether one works for a corporation or non-profit, business savvy is much more lucrative than casino strategy. Prairie Meadows officials gave assurances that Palmer’s salary lies within guidelines for non-profit employees. That may be, but it sure is profitable for him.