Great work if you can get it
POSTED: Wednesday, January 22, 2014 - 7:37pm
UPDATED: Sunday, April 13, 2014 - 2:58pm
Tyler, Texas (KETK) — The following is from Showbiz 4-1-1
If you think you're underpaid, just sit down.
As the Super Bowl approaches New York much like a blizzard, here are some things to think about:
- In 2012, NFL commissioner Roger Goodell was paid $29.5 million to run the organization. And that's not all. The NFL, if you didn't realize it, exists as a 501 c 6 organization. It's not for profit!
In order to have that status, the NFL must be run as a charitable foundation. In 2012, they gave away a meager $2.3 million. Almost all of it, $2.1 million, went to the NFL Hall of Fame.
Goodell made 15 times what the group donated to other charities. And what's even more crazy, Goodell's salary is one-tenth of what the NFL claimed in total assets for 2012, $255 million.
But, here's something even crazier, the NFL only made charitable donations equaling one-one hundredth of their annual income.
Here are the stats:
NFL's most recent Form 990 filed with the IRS ended on March 31, 2012.
They claimed revenue of $255 million, up from $240 million in 2011.
- NFL has assets of over $822 million.
Under "grants," meaning donations to other non profit organizations, the NFL did increase the number from just over $900,000 to $2.3 million. That's generous right? However, their total salaries increased by $27 million to a total of over $107 million.
Here's the best part, after all that, thanks to creative thinking, the NFL claims it finished the year in the red with negative $316 million.
What else did they spend money on? Well, for one thing, new office construction cost $36 million.
Last time I looked, the president, not the liberals, were going after the NFL for income disparity.
That's my point of view, what's yours?
You can e-mail me at email@example.com or Facebook me at KETK Neal Barton.