I too look forward to the grand efficiencies that can only come from upholding share holder value above customer safety. Flying will be so much more exciting.
Just because there's no incentive to reward shareholders doesn't mean there isn't incentive to maximize efficiency. Too many people wrongly assume that just because it says nonprofit that they are instantly humanitarians working toward the betterment of society.
But it would be controlled by a board, which would include representatives of the big airlines, and several other seats that could likely end up controlled by the same. So, effectively, I'd expect them to end up beholden to airline company shareholders moreso than the agency currently is.