brianko wrote:This has been discussed here when Richard Feldman was hawking his sour grapes book. The claim is false. The President, 1st Vice-President and 2nd Vice-President don't get paid a dime. You actually mean Exec. VP Wayne LaPierre and he doesn't make anywhere near $1 million a year.
I stand corrected. I was referring to LaPierre, just got the title wrong.
That said, LaPierre's combined salary and deferred compensation totaled $892,166 in FY2004 (
http://dynamodata.fdncenter.org/990s/99 ... =990O&t9=A" onclick="window.open(this.href);return false;). "Near $1 million a year" might indeed be stretching it, but it's still a lot of dues money. Compared to GOA Executive Directory Lawrence Pratt's FY2004 salary of $65,000 (
http://dynamodata.fdncenter.org/990s/99 ... =990O&t9=A" onclick="window.open(this.href);return false;), that's quite a difference in my book.
You were talking about taking the high road, so let's do that and be honest about Feldman's claim and Wayne's true income. Here is Feldman's comment from the
article you linked in your post:
Feldman Article wrote:Harlon Carter, who created the modern NRA in the 1970s, earned about $70,000 a year (about $200,000 in today's dollars) as executive vice president. Wayne LaPierre, who currently sits on the executive vice president throne, pocketed about $950,000 in 2005.
That's false, blatantly false. His salary in the link you posted shows it was $633,823 and credits to his retirement account were $258,343. That's not "pocket[ing] about $950,000" as Feldman stated and you quoted. There are also accounting issues dealing with recognition of retirement obligation and funding of those obligations, but regardless of the then-current method, Wayne LaPierre didn't have a salary that even approaches $950,000 and he certainly didn't "pocket" $950,000. Arguing that he did is hardly taking the high road.
I never said Wayne didn't have a significant salary. He makes more money than most people working for a living, but most people aren't responsible for generating $685,000 in revenue every day of the year to run a $250,000,000 civil rights organization. Compare his salary to that of top executives in private industry and he is grossly underpaid.
What I do argue is that Feldman was lying with the figures he threw around. To "pocket" $950,000, Wayne would have to earn about $1,420,000 exclusive of retirement credits or funding.
Your comparison of Wayne LaPierre and the NRA to Larry Pratt and GOA is faulty at best. I'm not going to belabor the issue, but I want to point out a few interesting things in GOA's Form 990 you linked.
First, Mr. Pratt's salary is listed as $65,000 on gross revenues of $2,056,136; that's 3.1% (0.031) of total revenues. Wayne LaPierre's salary of $685,000 on 2004 gross revenues of $170,639,628 is only 0.04% (0.004) of total revenues. So Larry Pratt "pockets" 3.1% of GOA's total revenues, while Wayne LaPierre "pockets" only 4 tenths of one percent (0.004) of total revenues. As a percentage of revenues, Mr. Pratt "pockets" 775% more than does Mr. LaPierre. That comparison is taking the high road because it compares a CEO's salary to the revenue he generates for the entity.
But Mr. Pratt's combined salary from all entities related to GOA (as per IRS regulations) was more than twice the $65,000 from GOA alone. Look at the last page of GOA's Form 990 where you will see that Mr. Pratt got additional salary amounting to $85,000 from two tax exempt entities related to GOA. So Mr. Pratt's total reported income from three related entities was $150,000, not $65,000.
But let’s break that down by entity. Gun Owners Foundation had total revenues in 2004 of $306,867. Mr. Pratt’s salary of $35,000 represents 11.4% of total revenues. English First Foundation has total revenues in 2004 of $59,908. IRS Form 990, Part V appears to show Mr. Pratt took no salary, but on page 18, it shows he took a salary of $50,000. That is 83.5% of total revenues!
So Mr. Pratt’s total reported salary from three related entities is $150,000 on total revenues of $2,422,911. This is 6.2% (0.062) of combined total revenues, compared to Wayne LaPierre’s 0.4% (0.004).
Wayne LaPierre's salary isn't close to $1million annually as falsely claimed by Feldman. Further, he is paid far less than people in comparable positions (CEOs) in private industry and he works much harder. As I noted in an earlier post, he works 20 hrs a day and travels all over the country giving him almost no personal life. He accepts a lower salary and makes a personal commitment to the NRA because he believes in the cause.
As gun owners and supporters of the Second Amendment, we can have differing opinions on many of the issues that face us and how they should be addressed. Fund raising methods, the content and frequency of letters and advertisements, proposed legislation, candidates, etc. are fair game for discussion and disagreement. But Feldman-type lies about the NRA, its goals, methods and leadership is counterproductive and just plain dishonest.
Chas.
Resources:
Gun Owners Foundation Form 990
http://www.charitablegift.org/guidestar/index.shtml" onclick="window.open(this.href);return false;
English First Foundation From 990
http://www.charitablegift.org/guidestar/index.shtml" onclick="window.open(this.href);return false;