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#11
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All who complain about Tom's wages, it sounds like jealousy. What does
the CEO of Halliburton or Enron make? I BET it's more than $188K. I don't really see it as Tom getting rich off the backs of volunteers, though. EAA has a lot of paid employees beside Tom. The reason they need volunteers is because they don't have enough staff to effectively do all the stuff needed for the annual convention. They have to help hundreds of thousands of people in that one week. I also don't think Tom just sits behind his desk all day looking at pretty pictures on the wall. He does lobby for general aviation interests and these days, I'll BET that's a full time job plus. I still miss Paul as head of EAA as I find him MUCH more personable and genuinely interested in us little guys, but Paul couldn't do it forever... Scott Drew Dalgleish wrote: On Wed, 01 Dec 2004 21:58:54 -0500, Matt Whiting wrote: Kyle Boatright wrote: "Matt Whiting" wrote in message ... TaxSrv wrote: " jls" wrote: I doubt it. Do you know how much the officers are paid, by chance? I think they're ashamed to say. Ashamed or not, they must by law place this info into the public record. For the YE 2/28/03, EAA paid Tom Poberezny $188,080 plus a pension contribution. Other officers were not compensated. The 5 highest paid executives were paid between $94K and $164K, none of whom appear related to the Poberezny's. From the EAA Aviation Foundation (museum, educational activities, and recipient of gifts/bequests), Tom P. was paid $190,081 plus pension contr, with other officers similarly unpaid but various other compensated executives. Fred F. That's one reason I dropped my EAA membership a few years ago. The salaries are not at all in line. Matt In line with what? Depending on your industry/role/etc, there are plenty of jobs out there that pay well over $100k. I'm not saying it is a good thing for folks working at a non-profit to rake in the bucks, but it isn't like these guys get stock options, etc. like lots of folks in the corporate world do... KB Most folks in the corporate world (not all as we all know!) have fairly well documented performance objectives that they must hit to make their money. I'd like to see Tom's performance objectives. Matt Most folks in the cororate world aren't getting rich off the backs of volunteers just out to better their passion for aviation |
#12
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#13
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Scott wrote:
All who complain about Tom's wages, it sounds like jealousy. What does the CEO of Halliburton or Enron make? I BET it's more than $188K. I don't really see it as Tom getting rich off the backs of volunteers, though. EAA has a lot of paid employees beside Tom. The reason they need volunteers is because they don't have enough staff to effectively do all the stuff needed for the annual convention. They have to help hundreds of thousands of people in that one week. I also don't think Tom just sits behind his desk all day looking at pretty pictures on the wall. He does lobby for general aviation interests and these days, I'll BET that's a full time job plus. I still miss Paul as head of EAA as I find him MUCH more personable and genuinely interested in us little guys, but Paul couldn't do it forever... After being in AOPA for many years and then EAA for many years, I found AOPA MUCH more effective in the area of lobbying so I've stuck with them adn dropped EAA. I'm sure Boyer makes a pretty penny as well, but it sure seems that AOPA is FAR more effective in lobbying than EAA. I just didn't see much value from my EAA membership as opposed to AOPA. Matt |
#14
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On Fri, 03 Dec 2004 06:53:29 -0500, Matt Whiting
wrote: After being in AOPA for many years and then EAA for many years, I found AOPA MUCH more effective in the area of lobbying so I've stuck with them adn dropped EAA. I'm sure Boyer makes a pretty penny as well, but it sure seems that AOPA is FAR more effective in lobbying than EAA. I just didn't see much value from my EAA membership as opposed to AOPA. that is probably because you joined for the wrong reason. now if you were a homebuilder trying to find out whether canadian yellow cedar was suitable for carving propellors you'd find AOPA totally bloody useless. Stealth Pilot |
#15
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Stealth Pilot wrote:
now if you were a homebuilder trying to find out whether canadian yellow cedar was suitable for carving propellors you'd find AOPA totally bloody useless. Uhh, with the exception of some *VERY* old reprints of of the experimenter and some of the old EAA codgers around here, I'd have to say that the EAA was just as useless as the AOPA for such information. -- Frank Stutzman Bonanza N494B "Hula Girl" Hood River, OR |
#16
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"Dave Hyde" wrote:
I'm not complaining, I'm trying to make an informed decision. Do you know how much he's paid? Where can I find it in the annual report to the membership? The annual report to membership has little detail, but you can find it their IRS Forms 990 which are a public record. One online source is guidestar.org. Tom P., for the fiscal year ending in '03, received a total of $378,161, plus $55,884 in retirement plan contributions, from two of the several nonprofit corporations comprising "EAA." This amount is consistent with prior years also. Fred F. |
#17
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Stealth Pilot wrote:
On Fri, 03 Dec 2004 06:53:29 -0500, Matt Whiting wrote: After being in AOPA for many years and then EAA for many years, I found AOPA MUCH more effective in the area of lobbying so I've stuck with them adn dropped EAA. I'm sure Boyer makes a pretty penny as well, but it sure seems that AOPA is FAR more effective in lobbying than EAA. I just didn't see much value from my EAA membership as opposed to AOPA. that is probably because you joined for the wrong reason. now if you were a homebuilder trying to find out whether canadian yellow cedar was suitable for carving propellors you'd find AOPA totally bloody useless. Stealth Pilot True, but I found EAA not all that useful for homebuilding either. I, despite the recent claims here, find Kitplanes more useful than Sport Pilot, or whatever the EAA rag is called these days. Matt |
#18
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I don't believe specific wages are published in the annual reports.
Wages are set by the Board of Directors and should be in the Bylaws. Members should be able to view corporate documents during normal business hours or by making a request and paying for photocopies. Here are a few links to see what some Corporate Officers are paid: http://finance.yahoo.com/q/pr?s=HAL (Halliburton) http://finance.yahoo.com/q/pr?s=XEL (Xcel Energy) http://finance.yahoo.com/q/pr?s=F (Ford Motor Company) Dave, I'm not trying to pick a fight, but what kind of informed decision are you having to make? Are you deciding what organizations to belong to based on CEO salary rather than what the organization itself stands for and the services they provide to the members? Scott Dave Hyde wrote: Scott wrote... All who complain about Tom's wages, it sounds like jealousy. I'm not complaining, I'm trying to make an informed decision. Do you know how much he's paid? Where can I find it in the annual report to the membership? Dave 'paperhangar' Hyde |
#19
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Fair enough! I was in AOPA many years back and I thought they catered
more to the high performance and twin engine crowd (neither of which I belong to). For ME, EAA is still the closest thing to the type of flying I do. I haven't checked on AOPA recently, so maybe they have started having more articles about Cubs, Champs, RV-4s, VPs, Quicksilver MXs, etc. Scott Matt Whiting wrote: Scott wrote: All who complain about Tom's wages, it sounds like jealousy. What does the CEO of Halliburton or Enron make? I BET it's more than $188K. I don't really see it as Tom getting rich off the backs of volunteers, though. EAA has a lot of paid employees beside Tom. The reason they need volunteers is because they don't have enough staff to effectively do all the stuff needed for the annual convention. They have to help hundreds of thousands of people in that one week. I also don't think Tom just sits behind his desk all day looking at pretty pictures on the wall. He does lobby for general aviation interests and these days, I'll BET that's a full time job plus. I still miss Paul as head of EAA as I find him MUCH more personable and genuinely interested in us little guys, but Paul couldn't do it forever... After being in AOPA for many years and then EAA for many years, I found AOPA MUCH more effective in the area of lobbying so I've stuck with them adn dropped EAA. I'm sure Boyer makes a pretty penny as well, but it sure seems that AOPA is FAR more effective in lobbying than EAA. I just didn't see much value from my EAA membership as opposed to AOPA. Matt |
#20
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Scott wrote:
All who complain about Tom's wages, it sounds like jealousy. What does the CEO of Halliburton or Enron make? I BET it's more than $188K. For one thing, The $188K is only part of it. He also gets a pile from other affiliated EAA foundations etc. Don't forget the retirement, health and other benefits plus a huge expense account You can't really believe that running the EAA is anywhere near the responsibility of the CEO of Haliburton or Enron do you? Start looking at much smaller companies which have simular cash flows and simular numbers of employees. Even there, Tom has less responsibility because his decisions involve much less risk. A bad CEO decision can bankrupt a company. A bad decision by Tom is at worst a setback and not the end of the EAA because the income is almost guarenteed to continue. It's not a real competitive business that has to take risks to get income. I think you will find Tom is way overpaid The temporary influx of volenteers doesn't count for much because those volenteers are managed by other volenteers and by EAA staff that is already on the payroll anyway. Tom doesn't handle much of that personally |
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