IceDanceSk8er
05-08-2003, 09:43 AM
This post was forwarded to me from one of the Yahoo groups:
Fred Goss & David Forberg had an interesting exchange about the job
of the USFSA executive director, which inspired me to go to
Guidestar ( http://www.guidestar.org ) and pull a copy of the 990-PF
(the USFSA EIN is 84-0768715). For 2000 (the most recent one
available), the USFSA paid "The Michelle Kwan Corporation" $830,000
for prize winnings and appearance fees; "Wice Inc. c/o Michael
Weiss" earned $361,599. Kristi Yamaguchi got $150,000. Five
other "contractors" received over $100,000. The most highly paid
executive was John LeFevre, who earned $163,975 plus a benefits
package worth $25,660. The business director and marketing director
also earned well over $100,000. The USFSA received over $9,000,000
in corporate sponsorships. They spent $612,845 on the Basic Skills
Program, and $868,612 on events. Lots of other interesting (to me)
details (53 pages worth) including a copy of the bylaws, but I
thought some tangible details might put this conversation into
perspective.
There are certainly association executives who earn much more than
this - for powerful associations with DC offices salaries around
$500,000 are not unheard of - nonetheless, it's hardly chump
change. $190,000 (salary + benefits) can go a long way in Colorado
Springs.
Personally, I find some of these figures paid to figure skaters very disturbing. There are so many skaters and teams who are struggling financially to stay in the sport.
Fred Goss & David Forberg had an interesting exchange about the job
of the USFSA executive director, which inspired me to go to
Guidestar ( http://www.guidestar.org ) and pull a copy of the 990-PF
(the USFSA EIN is 84-0768715). For 2000 (the most recent one
available), the USFSA paid "The Michelle Kwan Corporation" $830,000
for prize winnings and appearance fees; "Wice Inc. c/o Michael
Weiss" earned $361,599. Kristi Yamaguchi got $150,000. Five
other "contractors" received over $100,000. The most highly paid
executive was John LeFevre, who earned $163,975 plus a benefits
package worth $25,660. The business director and marketing director
also earned well over $100,000. The USFSA received over $9,000,000
in corporate sponsorships. They spent $612,845 on the Basic Skills
Program, and $868,612 on events. Lots of other interesting (to me)
details (53 pages worth) including a copy of the bylaws, but I
thought some tangible details might put this conversation into
perspective.
There are certainly association executives who earn much more than
this - for powerful associations with DC offices salaries around
$500,000 are not unheard of - nonetheless, it's hardly chump
change. $190,000 (salary + benefits) can go a long way in Colorado
Springs.
Personally, I find some of these figures paid to figure skaters very disturbing. There are so many skaters and teams who are struggling financially to stay in the sport.