Re: Whose interests does NHRA represent?
I just happen to have a 2008 tax return for NHRA in front of me. There are a few things that stand out. First there is $20,662,736 in salaries and benefits. $122,564365 in total revenue. Some of the expenses that might raise eyebrows: $24,035950 in advertising,$15,747,739 in office expense, which doesn't include any salaries or rent, right at $10,000,000 in other or all other expenses,$4,046,243 in travel expenses, $24,235,425 for prize money and trophies, $10,946,985 to track operators [ I'm guessing this is their share for National events ]. There are 10 people with total compensation over $200,000, with Compton being the highest at $771,632, Peter Clifford at $427,274, Graham Light at $353,782 and the one that really stands out Dallas Gardner $319,073 for 10 hours a week.
As high as we may think these salaries are the real money is in the expenses and where or who it is going to. $15 mil in office expense, give me a break. Almost 10 mil in other expenses. For the amount of revenue these expenses are nuts. Looks to me like a detailed audit would be in order.
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Greg Hill 4171 STK
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