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Old 01-20-2011, 06:05 PM   #1
Ed Wright
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Default Re: The IRS and NHRA, you gotta see this.

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?
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Old 01-20-2011, 10:48 PM   #2
Wade_Owens
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by X-TECH MAN View Post
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
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Old 01-21-2011, 01:18 AM   #3
billy leber
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by Wade_Owens View Post
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.
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Old 01-21-2011, 10:19 AM   #4
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Thumbs up Re: The IRS and NHRA, you gotta see this.

Quote:
Originally Posted by Wade_Owens View Post
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 !

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Old 01-21-2011, 08:20 PM   #5
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Question Re: The IRS and NHRA, you gotta see this.

Quote:
Originally Posted by Wade_Owens View Post
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
I sure can Wade, which is why I'm looking forward (even more so now) to tomorrows S.I.R. racer meeting. As per "Skooter Peaco" (Vice President of Race Operations for IHRA), there are other tracks that are looking forward to the aftermath of this meeting, because if S.I.R. does join IHRA, then it could entice other tracks to chime in as well (I'm certain one or more near to you also)? Although I've been involved with this sport for 36 years, these last two haven't provided me much to crow about (two div.'s and one "Jeg's" natl. event). If we weren't the ones paying for the lions share of their expenses (with our increased cost's of competition), I'd have been able to do more (like you and others who can relate).

I'm certain that Skooter Peaco, (the rest of the IHRA), and heck even the powers that be at NASCAR, will be watching to see how this all goes down as well???
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Old 01-20-2011, 06:09 PM   #6
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by Toby Lang View Post
Also, Compton made 12.7% more than the 75th percentile not 24%.

-Toby
Actually, we were both wrong Toby, it was 14.5%. But, in the end, it doesn't matter. Unless NHRA is in top 10 not-for-profit trade organizations in the U.S., they can't possibly justify that his salary isn't excessive. If you want to operate as a not-for-profit, that's fine, but you also have to show some restraint when it comes to your expenditures, which NHRA clearly has not done over the years.
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Old 01-21-2011, 10:50 AM   #7
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Default Re: The IRS and NHRA, you gotta see this.

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Also, could it be possible that the anonymous client has the initials BN?
-Toby
That is what I was thinking !!! :-)
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Old 01-21-2011, 11:36 AM   #8
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Default Re: The IRS and NHRA, you gotta see this.

Well, I hope this is not an opening of Pandora's box..... I would certainly like to see better practices on behalf of the Sportsman Racer from NHRA, but I wonder if this lawsuit will turn things in that direction, or have unintended consequences for all of us.

The Salaries quoted do seem excessive, but I don't buy for one minute that Dallas and Graham work 1 hour a week. Anyone who has run any type of organization larger than 5 people knows that the principal people involved put in many times the effort and hours that you would think they do, to make things happen. Having said that, 700K, 400K or more, may be excessive compensation for what they do, I don't profess to know enough about what kind of time & effort they actually expend, and whether the salary for those positions is justified. I DO know that I'm not real happy with how they have addressed (or failed to address) many issues on the part of the Non-Professional racer.

The salaries are only a small part of a larger problem... how well does the organization serve it's designated members (ALL of them, not just the pros), and what kind of relationship does it maintain with it's members, suppliers, affiliates and contractors? How well does it control it's expenses, and does it distribute it's services equitably and in a fiscally responsible manner?? Does it properly account for all of it's activities and finances??? How well this has been done in the past will have a direct bearing on the procession of events in this lawsuit, and the outcome(s) relative to the average racer. I hope for the best...
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Old 01-21-2011, 12:12 PM   #9
Gary Smith
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by Marvin Robinson View Post
Well, I hope this is not an opening of Pandora's box..... I would certainly like to see better practices on behalf of the Sportsman Racer from NHRA, but I wonder if this lawsuit will turn things in that direction, or have unintended consequences for all of us.

The Salaries quoted do seem excessive, but I don't buy for one minute that Dallas and Graham work 1 hour a week. Anyone who has run any type of organization larger than 5 people knows that the principal people involved put in many times the effort and hours that you would think they do, to make things happen. Having said that, 700K, 400K or more, may be excessive compensation for what they do, I don't profess to know enough about what kind of time & effort they actually expend, and whether the salary for those positions is justified. I DO know that I'm not real happy with how they have addressed (or failed to address) many issues on the part of the Non-Professional racer.

The salaries are only a small part of a larger problem... how well does the organization serve it's designated members (ALL of them, not just the pros), and what kind of relationship does it maintain with it's members, suppliers, affiliates and contractors? How well does it control it's expenses, and does it distribute it's services equitably and in a fiscally responsible manner?? Does it properly account for all of it's activities and finances??? How well this has been done in the past will have a direct bearing on the procession of events in this lawsuit, and the outcome(s) relative to the average racer. I hope for the best...
Statistics prove that any successful organization is always run by someone who truly loves and believes in the product/service they're providing. They reap the monetary rewards when their customers/clients are happy. But those who are motivated by money first, then the product/service suffers, ultimately driving away customers through dissatisfaction and sometimes animosity. All three of the top brass (Light, Gardner, and Compton) are about the money/opportunities over the love of what they do. The NHRA is a sick train and has been running on borrowed time and will derail unless someone knows how to turn it around.
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Old 01-21-2011, 12:25 PM   #10
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Default Re: The IRS and NHRA, you gotta see this.

Just a great example of "Executive/White Collar" crimes...
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