Richard Kimball’s $400,00 bonus!!! & PVS’s 990 TAX FORM
http://www.guidestar.org/F
Wow, if you have ever heard Richard say that he has invested in the Project more than anyone else, then I guess that investment has finally paid off. I have graciously attached the PUBLICLY AVAILABLE IRS 990 form that all 501(c)3s have to file. If you scroll all the way to the very last page you will find this statement word for word.
“During the fiscal year ended March 31, 2006, the governing board of Center for National Independence in Politicis granted a one-time bonus of $400,000 to Richard Kimball.
This bonus was paid to compensate Richard Kimball for being the key employee and leading the organization for more than 10 years at a very low average salary between $25,000 and $35,000. The lower salary was paid to ensure the organization had sufficient resources to begin and maintain its program services.
Once the bonus was paid, Richard Kimball’s annual salary was raised to reflect the amount of effort being expended to run a national organization with a $1.5 million budget. His new salary is $114,314 per year.”
WOW!!!! not only does he get a bonus for being the “key employee and leading the organization” but he also gets a raise of $80,000 dollars!!!
This is very interesting people…very interesting…
