We continue to remark on how press reports of nonprofit CEO compensation can focus on the sensational. Any prominent nonprofit should be prepared for at least local press coverage of its CEO’s compensation when its 990 is filed. A recent variation is a story in the Boston Globe about the housing for Boston-area university presidents; the web version of the story comes complete with a slide show of the various houses and estimates of their market value. Lost in the fine print, or not covered at all, are some key issues: The university, not the President, owns the house, and while some money might be raised by selling the house, this is hardly the best market for that. Second, as the story acknowledges, the Presidents have significant social obligations best met in a home setting, not a conference room. And third, until the recent downturn in the housing market (which in some regions, including Boston, seems to have only a limited effect on the value of high-end houses), living in employer-provided housing could have some negative effects, because it meant the President was not participating in the run-up in real-esate prices, making it much harder to buy a new house when done with the presidency post.