Re: A group of people were entrusted with the administration of the .org domains ...
Profit is fine. You are missing two major points, or intentionally ignoring them.
1. None of the places involved in this at the beginning were for profit. ICANN as well as the places responsible for .org were nonprofits; in fact they still are.
2. None of the money they're getting is due to work they did. They were entrusted with something, and they're selling that thing. As if I put someone in charge of an art museum and that person started selling off the artworks. They didn't produce anything special, and the thing they manage doesn't have value because of their efforts, but because it had value before. They're entitled to being paid for the work they do, as the museum director should be paid for organizing the museum properly and managing security, but neither .org nor the masterpieces of someone else's efforts belong to them.