Administration and Finances
During 1999, Kripalu changed its legal status from a religious order to a tax-exempt non-profit organization under Internal Revenue Service rule 501(c)(3).
At the time of Desai's 1994 resignation, Patton Sarley Jr., resigned as chief operating officer. Sarley was re-hired in 2004 as chief executive, holding that position until 2010. In October 2010 he was replaced by David Surrenda, who was previously (since 1987) director of an Oakland, California, consulting firm called Leadership Edge.
In January 2009, Kripalu cut 35 full-time and 26 part-time positions, roughly 15 percent of its staff. Bonuses were eliminated and senior and executive pay was reduced by 5 to 15 percent. Kripalu's 2009 revenue fell about 7 percent to $25.51 million,while expenses declined about 7 percent to $24.35 million.
Read more about this topic: Kripalu Center