The IRS and NHRA, you gotta see this.

[Greg Hill]

Originally Posted by Toby Lang

Part of the complaint says that the NHRA compensation arrangements may be excessive.

As an example they use the 2006 compensation of Mr. Thomas Compton. In 2006 Mr. Compton was paid $712,317. They say the average compensation paid to CEOs at the ten largest trade associations was $642,447. So, Mr. Compton was paid 9.8% more than the average.

I don't know if the NHRA operates like a for-profit business or not, but Mr. Compton's salary doesn't seem that excessive to me when compared with the others. If he were making 30-50% more than the average I would say yes, that's excessive, but less than 10%?

Also, could it be possible that the anonymous client has the initials BN?


-Toby

Toby I would guess NHRA is no where close to one of the top ten trade associations in the US. The US chamber of commerce is one of the larger ones. How about Dallas Gardner , 10hrs. a week for $317,000 per year. The big money is in their expenses and where all that goes will be interesting.

[Toby Lang]

Well, in the same paragraph it says:

"... we evaluated the comparable compensation data detailed in the American Society of Association Executives compensation report."


-Toby

[Jim Cimarolli]

Haven't heard this one used in a while,
"Here Come Da Judge!"