CEO of Boys and Girls Clubs of America Caught with Finger in Pie
by Was the CEO of the Boys and Girls Clubs of America over compensated? Four Senators say she was. The CEO, Roxanne Spillet was compensated almost a million dollars in 2008 when the chairty had posted a loss of $13.6 million according to tax records. These accusations could threaten the 4,300 Boys and Girls Clubs of America.
Looks like it’s the Boys and Girls Clubs of America’s CEO in trouble now. It’s not even that much of a surprise. We have seen it so often of late. We are getting used to people we have trusted getting caught with their fingers in the pie. Issues are being raised that could put a monkey wrench in millions in federal funding for the popular Atlanta based National Charity.
Image via Wikipedia
Four Senators, one of them being “Chuck Grassley of Iowa” said they were concerned that the chief executive of a charity that had been closing local clubs for lack of funding was compensated nearly $1 million in 2008. And at the same time “officials” spent $4 million on conventions and meetings, plus $544,000 in lobbying fees. ” The question is whether a very top heavy organization might be siphoning off federal dollars that should be going to the kids,” Grassley said.
These issues could threaten the 4,300 local Boys and Girls Clubs of America. A bill moving through the Senate that would provide up to $425 million in federal money to the organization over the next five years is in jeopardy . The four Senators, Grassley, Jon Kyle, Tom Coburn, and John Cornyn reported that the organization posted a $13.6 million loss in 2008, according to tax records. The Boys and Girls Clubs of America received $ 41 million in government grants and $ 51 million in contributions. That same year Roxanne Spillet, president and CEO of the Boys and Girls Clubs of America received compensations of $988,591.
Experts are split on whether Spillet was over compensated for a charity that collected $107 million in 2008 revenues. Compensations averaged $462,000 last year for the CEOs of charities with expense of over $100 million, according to studies by Charity Navigator, a web site that evaluates charities.
Ken Burger, Charity Navigator said, “Someone becoming a millionaire running a charitable nonprofit really defies logic and defies common sense.”
If you would like to post your interests, ideas, history or other and earn income click this link. http://www.triond.com/rw/6239
http://socyberty.com/government/members-of-congress-benefits
http://socyberty.com/issues/stolen-email-and-climate-gate/
http://socyberty.com/history/the-robber-barons/
http://socyberty.com/history/the-muck-rakers/
http://socyberty.com/history/hoover-and-the-great-depression/
Liked it
-
-
-
-
-
-
-
-
Post Commentpattiann
On March 14, 2010 at 5:16 am
It seems like all anybody cares about anymore is money. I think when CEOs get extra money they should give it to charity.
I Have Had Enough
On March 14, 2010 at 8:22 am
At a time like this; CEO’s of charities should be getting paid minimum wage. Hell, they should be volunteers! There is so much money, being thrown away, all over the world.
bellatwix
On March 14, 2010 at 9:14 am
Ken Burger really summed it up perfectly!
Jimmy Shilaho
On March 14, 2010 at 9:32 am
I would defend them if they get the bonuses for a job well done. They are workers and not volunteers.
Shirley Shuler
On March 14, 2010 at 3:49 pm
Why am I not surprised, Ruby!
Guy Hogan
On March 14, 2010 at 6:12 pm
How CEOs think they deserve a bonus when their companies are losing money is far beyond common sense. It’s insane.
Joe Poniatowski
On March 14, 2010 at 6:14 pm
This is disheartening, especially since the club has been one of my families favorite charities with which to get involved.
wonder
On March 15, 2010 at 1:08 am
The more you have the more you want, life’s gamble.