Salaries at USATF???

any updates on this? they seem to be doing a really good job

Here is the 990 from 2013 taxes

http://www.usatf.org/usatf/files/26/267005c8-381c-478e-b44a-3609806b237c.pdf

(17) NORMAN WAIN GENERAL COUNSEL 162,753. + 27,050.

(18) JILL GEER CHIEF COMMUNICATIONS 162,960.+ 22,425.

(19) MAX SIEGEL CEO X 640,759. + 36,418.

(20) RENEE WASHINGTON COO X 193,571. + 13,618.

(21) BENITA MOSLEY CHIEF OF SPORT PERFORMANCE (FORMER) X 159,848. + 23,182

FY2013 - USATF moves $3.5m in stocks - previous year $0.

Synopsis: over-paid not-for-profit "executives" now thinking they are stock market whiz's.

This is funny stuff.

USA Cycling, certainly a much smaller federation pays their C-level guys slightly less to allegedly protect dopers and definitely drive away participants.

CEO: ~300,000

CFO: ~200,000

CFO allegedly never seen.

USATF C-level people must have more going on given there are many more events than cycling and they aren't getting paid much more than the alleged fraudsters at USA Cycling.

Does USATF permit officers to get paid as consultants to Track and Field events? Other federations permit it and no reporting depending on the federation. That's great money! Easy money too.

Interesting they no longer list a CFO. By IRS rule, the top financial executive is listed regardless of salary as they are considered an officer (along with top operating exec, usually the CEO). I know usa t&f has had a revolving door in that area, is Max now bringing in the cash, spending the cash and counting it all?

Renee Washington, Lawyer with zero business accumen, is technically the CFO. They got rid of the Controller earlier this year, and the highest ranking accounting professional is an accounting manager who's background is as an accountant for a small library.

BTW, If you interview with Renee Washington, she love to brag about her "trendy" office design and don't ask her any questions about the business, she doesn't know. Also it helps if you are black. At the very least get a dark tan before you interview.

Stew Ham wrote:

Interesting they no longer list a CFO. By IRS rule, the top financial executive is listed regardless of salary as they are considered an officer (along with top operating exec, usually the CEO). I know usa t&f has had a revolving door in that area, is Max now bringing in the cash, spending the cash and counting it all?

A revolving door is a clue the numbers are shady and nobody wants to be the one that is in the role if the brown stuff ever hit the fan.

That is about average for an IOC sports federation.

The money under the table to national federation execs is allegedly fantastic. The known bribes to Diack are bigger than what's allegedly going on at the national level, but that's the basic idea. All within the rules, of course.

Career Guy wrote:

Found top salaries on another thread:

USATF 2003 Compensation:

Name Postion Total Comp

Craig Masback, CEO, $413,143

Jill Pilgrim, General Counsel, $163,220

James Elias, CFO/COO, $154,816

Michael Conley, Exec Dir of Elite Athletes, $124,804

Brooks Johnson, High Performance Division Chair, $107,200

Peter Mahoney, Dir of High Performance, $99,837

Ivan Cropper, Dir of Marketing, $97,549

Jill Geer, Dir of Communications, $86,918

High Performance chair get's 107k and the Director of High Performance get's just under 100k?

That's 200k for the same job

High Performance chair get's 107k and the Director of High Performance get's just under 100k?

That's 200k for the same job

That was back in 2003. Not the same now. I am curious to see current salaries though.

Nice that Jill Geer seems to have doubled her salary in 10 years by merely staying in the same job.

Daaaaaaaaaaammmmmmmmmmmmmmmmmmmmmmmmn!

Did Doug Logan get hush money err... a bigger and better golden parachute than contracted for?

Blahbaba wrote:

Renee Washington, Lawyer with zero business accumen, is technically the CFO. They got rid of the Controller earlier this year, and the highest ranking accounting professional is an accounting manager who's background is as an accountant for a small library..

Are you telling me that a $20 million company does not have an experienced CPA as its chief financial officer? That cannot be true. Maybe the library accounting manager is an up and coming talent and is driving the bus the level below the top. It would be negligence (by the CEO, by the Board) to allow the company to managed without significant financial leadership.

I looked at

and noticed they switched auditors after 2011. Hmmm. Look at the tax returns on

and you see the inhouse CPA did the tax return up to 2011 and then that same small firm started up in 2012. Tells me they lost a CPA and did not replace with comparable talent - and maybe the long-standing auditing firm stepped away (or was fired) as part of a plan to reduce financial oversight. That is merely speculation but the timing is odd and it is crazy to think a large business does not have a qualified cfo.

So we see what the problem is:

Jill Geer specifically, doesn't do very much - sends the occasional poorly written press release, and maybe some emails, and makes 162k. Of course those people want to protect that job and will be total slimeballs to do it.

Stew Ham wrote:

the timing is odd and it is crazy to think a large business does not have a qualified cfo.

Seems legit. Like most IOC sports federations, reduced financial oversight is part of their "sport must be completely independent from politics" mantra.

Are they obligated to report outside income related to their position? Many federations are not or don't bother to enforce the rule.

It's what isn't being reported is where the action is.

Anyone know why USATF paid $294,000 in 2012 to Max Siegel Inc., in addition to the $356,000 they paid Max Siegel directly?

http://www.usatf.org/usatf/files/39/3969ccb7-459c-45b2-bf23-ba7415879928.pdf#page=27

According to its website, Max Siegel Inc. is a marketing and media agency that provides such diverse services as representing drag racers and NASCAR pit crews, architectural design services for Eli Lilly, and creating college textbook covers. Does Max Siegel himself do any work for Max Siegel Inc.? Does this leave him any time for his well-compensated night job at USATF?

Anyway, for 2013 it sounds like they gave up the charade and just upped his compensation to $677,000 instead.

$677k is pretty good for Siegel. That's what, about $6 for every USATF member? Cheap at the price!!

Cushy wrote:

So we see what the problem is:

Jill Geer specifically, doesn't do very much - sends the occasional poorly written press release, and maybe some emails, and makes 162k. Of course those people want to protect that job and will be total slimeballs to do it.

She has the toughest job there. She's the one that has to cover up the crappy business decisions, self serving behaviors and total lack of interest in serving the sport that the organization displays on a daily basis.

who decided to move $3.5m into investments where before they had 0? is this part of their not-for-profit mandate?

why does usatf have to have much in the way of cash reserves?

my membership fee keeps going up, for what?

so some over-paid charlatans can tell their audiences that they're c-level executives?