DU's track record with YOUR money aint as good as some would lead you to believe. DU brags that over 85% of your contributions goes directly to on the ground habitat. Well the part they forget to tell you or the part that is "misleading" is that 85% is more truthfully 85% maybe after all the bills are paid, and/or you use the "Authur Anderson/Enron accounting method." The "normal" at local events, DU Inc. actually receives only about 60 % of the actual money you contribute (after the building rent, caterer, the "cute little shirts and hats" the committee is wearing, merchandise, raffle girls, auctioneer, etc. etc. and that is at a well planned, dollars watched event, whole lot of events are more like 40-50% or less, some even lose money)
in 2002 DU changed their fiscal years to run july 1st - june 30th from march1-feb-28, so the 990 forms filed with the irs will reflect amounts from those dates. copies of the 02 returns are available but only reflect march - june 02 figures. the portions shown here are from 7-01-02 thru 6-30-03 and 7-1-03 thru 6-30-04 which are the 2 latest 990 returns required by non-profits. 990's are public information for non profits.
On the 03 return which covers 7/03-6/04, you will note total revenue on line 12 is $136,282,615.00 Well now even 80% of that going to habitat would mean they only spent $27,256,523.00 on other stuff. THATS AT 80%. Well why then on line 26 of page 2 does it reflect salaries and wages paid of $31,366,734.00, not to mention pension plans of $3.7 million, other employee benefits of $6 million, $3.4 million of travel, postage & shipping at $6.1 million and TELEPHONE bills of $1.1 million. According to the Texas Instument machine I have, that's over 51 million dollars JUST in salaries, employee perks, travels, postage and telephone bills. That same TI tells me that's in the 60% range. Couse I am just an ordinary dumbass and not an number twister. Here's where the Enron accounting method comes in handy. Since approx. 50% of DU staff carry the "biologist" title, their salaries are considered a part of that 85% of your money that goes directly to habitat since they deal with habitat.
On page 4 Part V of the return note, the Executive Vice President salary, $385,627.00 plus $61,158.00 in contributions to his benefits plan & deffered compensation. Hell, most of us don't make his deffered compensation a year, must less $400,000.00 a year in salary. Notice the the Asst. Treasurer and Executive Secretary salaries.
Schedule A only requires the listing of the 5 highest paid employee's other than officers and directors. The lowest one of them is over $171,000.00 total. sheeezzz.....
I remember one DU supporter on here some tome back posting $ amounts DW was spending on lobbying. DU spent $65,587 on lobbying in 03 and $71,455 in 02.
On the 02 return which covers 7/02-6/03, you will note total revenue on line 12 is $124,360,592.00.
page 2 shows salaries, pension plans, other perks, bills etc. etc.
page 4 shows the National Officers salaries
Page 5 shows DU spent $71,455 on lobbying
Schedule A shows salaries of 5 highest paid employees
If DU is going thru such hard financial times, how come these guys took such HEFTY raises from 02 to 03.
Exec. VP went from a total of little over $291,000.00 to over $440,000.00 in 1 year, WTF rates a $150,000.00 a year increase if you are watching your $'s
Asst Treasuer went from $210,000.00 to $$267,000.00 - increase of $57,000 per year
Exec Sec. went from $160,000.00 to $202,000,00 - increase of $42,000 per year
Group Manager #1 went from $220,000 to $279,000 - increase of $ 59,000 per year
Group Manager #2 went from $200,000 to $267,000 - increase of $67,000 per year
Group Manager #3 went from $157,000 to $195,500 - incease of $ 38,500 per year
Dir of Operations #1 went from $151,700 to $183,800 - increase of $32,100 per year
Dir of Operations #2 went from $141,900 to $171,900 - increase of $30,000 per year
click on to enlarge:
03 returns
