The IRS and NHRA, you gotta see this.

[Toby Lang]

Jason,

As I posted above:

Originally Posted by 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."

Also, Compton made 12.7% more than the 75th percentile not 24%.


-Toby

[Greg Hill]

Toby, it's not just Compton compensation which in 2008 was $771,632. Check out the rest of these, Peter Clifford $427,274, Graham Light $353,782, Dallas Gardner $319,073, Gary Darcy $393,774, John Siragusa $356,950, Linda Louie $285,703, Jerry Archmbeault $229,135, Dan Olson $230,255, and Glen Cromwell $202,368. Also for 2009 Glen Gray made $295,948.

[X-TECH MAN]

Originally Posted by Greg Hill

Toby, it's not just Compton compensation which in 2008 was $771,632. Check out the rest of these, Peter Clifford $427,274, Graham Light $353,782, Dallas Gardner $319,073, Gary Darcy $393,774, John Siragusa $356,950, Linda Louie $285,703, Jerry Archmbeault $229,135, Dan Olson $230,255, and Glen Cromwell $202,368. Also for 2009 Glen Gray made $295,948.

And you guys and girls just keep shoving the $$$$$$$$$$$$$$$ at them every year, every race, and dont even get kissed ! LOL I love it.

[Ed Wright]

In the end, how does anybody think NHRA loosing it's not for profit status (providing that's how it turns out) will have any effect at all on us?

[Wade_Owens]

Originally Posted by X-TECH MAN

And you guys and girls just keep shoving the $$$$$$$$$$$$$$$ at them every year, every race, and dont even get kissed ! LOL I love it.

Terry, I have great respect for you, as well as many others on this board. You guys were fortunate enough to have lived the heyday, I was not. You guys have made 1000's of passes to my 100's. But, I built my car to travel with and compete, not to sit in the garage. If I had 30 years of Stock Eliminator racing under my belt, I may feel the same way. I dont agree with the increases, double standards, afhs as well as several other things. I'm not going to bracket race locally and I dont have the IHRA alternative at this moment.

If NHRA is operating illegally, we, the racers, can only hope for the best of what will happen. I dont want them to fold, pass on more increases, etc. But, I do want to race and will continue to as money allows.

You can see where I'm coming from, cant ya?

Wade O

[billy leber]

Originally Posted by Wade_Owens

Terry, I have great respect for you, as well as many others on this board. You guys were fortunate enough to have lived the heyday, I was not. You guys have made 1000's of passes to my 100's. But, I built my car to travel with and compete, not to sit in the garage. If I had 30 years of Stock Eliminator racing under my belt, I may feel the same way. I dont agree with the increases, double standards, afhs as well as several other things. I'm not going to bracket race locally and I dont have the IHRA alternative at this moment.

If NHRA is operating illegally, we, the racers, can only hope for the best of what will happen. I dont want them to fold, pass on more increases, etc. But, I do want to race and will continue to as money allows.

You can see where I'm coming from, cant ya?

Wade O

Well said Wade. I dont know who Terry is but as he likes to say X2.

[Greg Hill]

All of you need to read this complaint and understand it. NHRA has been operating with no accountability to anyone over the last 30 years. They have all those high salaries because they pay themselves whatever they want to because they decide to. That being said the big money is on the expense side of the ledger. If you look at tax returns you will notice that expenses mirror revenue. In other words as revenue goes up so do expenses and as revenue goes down so do expenses. Some of that would be normal because some expenses are variable, however most of their costs are fixed and don't change that much from year to year.

Taking a look at their expenses for 2008 a couple of things really jump out. The first is office expense at $15,747,739. Now that doesn't include any salaries or rent or even IT. What in the hell could you spend 15 mil on in office expense? Another is $4,046,243 on travel. Other expenses are around 10 mil. Salaries, wages and benefits are around 20 mil. Advertising and promotions is 24 mil. The big question is who benefits from all this money? How about the 3.3 mil in insurance costs that's only about 2.75% of their operating expenses?

This whole deal reminds me of one of those fund raising groups that call you up raising money for police or firemen that when you check into them uses 90% of what they collect for expenses and only 10% goes to the people they are supposedly raising money for. They are not using the money they make for the good of our sport but for their own personal gain.

[Herbie Null]

Originally Posted by billy leber

Well said Wade. I dont know who Terry is but as he likes to say X2.

I agree with you Billy, Well said Wade. X3

[X-TECH MAN]

Originally Posted by Wade_Owens

Terry, I have great respect for you, as well as many others on this board. You guys were fortunate enough to have lived the heyday, I was not. You guys have made 1000's of passes to my 100's. But, I built my car to travel with and compete, not to sit in the garage. If I had 30 years of Stock Eliminator racing under my belt, I may feel the same way. I dont agree with the increases, double standards, afhs as well as several other things. I'm not going to bracket race locally and I dont have the IHRA alternative at this moment.

If NHRA is operating illegally, we, the racers, can only hope for the best of what will happen. I dont want them to fold, pass on more increases, etc. But, I do want to race and will continue to as money allows.

You can see where I'm coming from, cant ya?

Wade O

Agreed 1000% but something must change for the better soon. We wont live forever. The only thing the people in charge care about is the $$$$$ they get (not earn). I can only imagine the kind of income they make but it dosent really affect me and I dont care if they just treated the sportsman racer a little better. Are you and the rest of the guys who commented on this thread happy with the way you are treated at a NHRA event and the payouts you recieve for all that you put into running the events? Im retired now making big money isnt in my future. Im comfortable After all these years why havent they increased the pay outs a little more for the little guys than the small increases they throw out? The NHRA can afford it thats for sure. Do you know how little even the tech guys like Travis make for all the effort they put out during an event ? Not enough thats for sure. They do it for the love of the sport and guys like you. I dont know who is filing the IRS complaint but it should have been done right after Wally Park's funeral. Good luck this year in your racing. You haved raise the "Bar" with the 283 guys. Im impressed !

[Wade_Owens]

Originally Posted by X-TECH MAN

Are you and the rest of the guys who commented on this thread happy with the way you are treated at a NHRA event and the payouts you recieve for all that you put into running the events?

No problems with the treatment.

We all know the story on payouts. I think this is similar to what happens in everyday life. We all want to better ourselves and make more money. We complain when some hotels or certain gas stations price gouge. Or we get a bad dose of Taco Bell. We still go back. I would love for the eliminator to pay more. So far, that hasnt affected me. I would love for class wins to pay more and the contingency payments be on time. I have about half the money in my stocker that I had in my Outlaw 10.5 car. The plus is, I dont change pistons every time I get home. Usually the stocker is still in one piece, so I feel like I've bettered myself. I could find a thousand things to gripe about, 999 of them wont be acted on. I prefer to spend the race weekend with friends and have a shot at the eliminator. I do this to spend time in the truck with my son and race at the track with my friends.
I do wish NHRA would listen more to the SRAC or send out some simple ballots for some issues before making them "law". If your not going to act on the counsels recommendations, (the racer's only voice at this time), then stop using them for scape goats and dismantle the group.
I know for a fact the tech guys love the S/SS portion of the sport. There is no other reason for sitting in 100 degree midwest heat, listening to us bitch about the(fill in the blank here).

See you guys soon,

Wade O