It's Good Work if you can find it. - Page 2

Colesy · 12-29-2011, 08:27 AM

Here is the financial statement for the NHRA from 1963. For the complete article, click on the link.
http://www.colesy-juniorstockforum.c...start=10#p3901

MEXJOE · 12-29-2011, 11:11 AM

What I'd like to know is how much Rick Stewart was payed?

What; with his over acting, fllaying arms, finger pointing, screaming an hollering,
not to mention the "always professional" finger across the throat (for the you can't run now symbol).
After seeing PART of the financial statement.....
I can believe WE!! had enough money left to cover the wage demand of such an epic
clown!

Bruce Noland · 12-29-2011, 02:08 PM

Bill, They only have to report the income of the highest earner from each department. The above info is just base salary info plus some sort of retirement contribution by nhra. These numbers do not include some very nice first class perks.

A100 · 12-29-2011, 06:26 PM

Quote:

Originally Posted by Bruce Noland

Cohen and Clapp joined the Board on December 9, 2010. They are listed as working 1 hour a week. It is probably too early to tell if they are receiving compensation.

Cohen is a partner in Morrison & Foerster LLP, a major national and international law firm.

You wonder if the conversation might have gone like this.

I heard NHRA may have a little IRS problem. If you put me on the board of directors I'll work for peanuts if you hire my law firm.

bill dedman · 12-29-2011, 08:15 PM

Thanks, Bruce. Being a non-profit, I would think that their entire financal picture would be open to scrutiny, but that's probably not true.

hookdaddy · 12-29-2011, 08:22 PM

Drag Racing Online publishes the NHRA's tax return every year - here's a link to their 2009 return http://www.dragracingonline.com/anal...returns-1.html

Bruce Noland · 12-29-2011, 10:27 PM

Quote:

Originally Posted by A100

Cohen is a partner in Morrison & Foerster LLP, a major national and international law firm.

You wonder if the conversation might have gone like this.

I heard NHRA may have a little IRS problem. If you put me on the board of directors I'll work for peanuts if you hire my law firm.

Mr. Cohen is a most excellent Tax Controversy lawyer. His clients usually have very serious tax issues and need a heavy weight to protect them. nhra staff probably approched him and at a later date it was decided by all parties to put him on the Board. It seems unlikely that he was put on the Board because nhra wanted some adult supervision.

Ed Fernandez · 12-30-2011, 01:33 AM

Bruce,what happened to their first fiasco?Did they buy their way out or is it still pending?

Bruce Noland · 12-30-2011, 01:31 PM

Ed, I have not heard anything new. I guess nhra will issue some sort of statement if and when there is news.

12-29-2011, 08:27 AM	#11
Colesy Member Join Date: Jun 2006 Location: Ontario, Canada Posts: 224 Likes: 94 Liked 437 Times in 169 Posts	Re: It's Good Work if you can find it. Here is the financial statement for the NHRA from 1963. For the complete article, click on the link. http://www.colesy-juniorstockforum.c...start=10#p3901 Attached Thumbnails

12-29-2011, 11:11 AM	#12
MEXJOE Senior Member Join Date: Jun 2008 Location: nhranumbers.com Posts: 875 Likes: 137 Liked 165 Times in 51 Posts	Re: It's Good Work if you can find it. What I'd like to know is how much Rick Stewart was payed? What; with his over acting, fllaying arms, finger pointing, screaming an hollering, not to mention the "always professional" finger across the throat (for the you can't run now symbol). After seeing PART of the financial statement..... I can believe WE!! had enough money left to cover the wage demand of such an epic clown! Last edited by MEXJOE; 12-29-2011 at 11:18 AM.

12-29-2011, 02:08 PM	#13
Bruce Noland VIP Member Join Date: Jun 2002 Posts: 1,855 Likes: 83 Liked 444 Times in 145 Posts	Re: It's Good Work if you can find it. Bill, They only have to report the income of the highest earner from each department. The above info is just base salary info plus some sort of retirement contribution by nhra. These numbers do not include some very nice first class perks. __________________ Bruce Noland 1788 STK

12-29-2011, 08:15 PM	#15
bill dedman VIP Member Join Date: Feb 2002 Location: Conway, AR Posts: 1,739 Likes: 0 Liked 6 Times in 4 Posts	Re: It's Good Work if you can find it. Thanks, Bruce. Being a non-profit, I would think that their entire financal picture would be open to scrutiny, but that's probably not true. __________________ Bill

12-29-2011, 08:22 PM	#16
hookdaddy Member Join Date: Jun 2007 Location: Ocala Florida Posts: 254 Likes: 0 Liked 8 Times in 3 Posts	Re: It's Good Work if you can find it. Drag Racing Online publishes the NHRA's tax return every year - here's a link to their 2009 return http://www.dragracingonline.com/anal...returns-1.html __________________ Don Scholl d.scholl@comcast.net 145Y Stock - 145H Super Comp

12-30-2011, 01:33 AM	#18
Ed Fernandez Veteran Member Join Date: Nov 2001 Location: NOO JOISEY nexta NOO YAWK Posts: 5,879 Likes: 38 Liked 100 Times in 45 Posts	Re: It's Good Work if you can find it. Bruce,what happened to their first fiasco?Did they buy their way out or is it still pending? __________________ Former NHRA #1945 Former IHRA #1945 T/SA

12-30-2011, 01:31 PM	#19
Bruce Noland VIP Member Join Date: Jun 2002 Posts: 1,855 Likes: 83 Liked 444 Times in 145 Posts	Re: It's Good Work if you can find it. Ed, I have not heard anything new. I guess nhra will issue some sort of statement if and when there is news. __________________ Bruce Noland 1788 STK