Tuesday, March 30, 2010

Winchester inks deal for 2011 World Series but who is footing the bill for the event training?

Exciting times for local youth baseball coming in August of 2011 but who will be footing the bill for City staff members traveling to Van Buren, Ark for the event training?  Who will be traveling and what will be the cost for travel, lodging and meal money?  What type of training is involved?


Veach said city staff members will be sent to Van Buren, Ark., a frequent World Series host, for event training this year. They will also travel to Purcellville in the summer to observe tournament operations as Loudoun County hosts the Babe Ruth 14-Year-Old World Series.


With Purcellville hosting the 14yr old World Series this summer, would it not be sufficient training for Winchester staff members to get quality training from Loudoun Babe Ruth since they will be hosting their 4th World Series since 1998?

Since Purcellville has hosted three World Series events to date and the forth coming this summer along with hosting several other previous South East Regional Tournaments, one could assume they know the in's and out's of running a World Series event, agree?

Monday, March 22, 2010

WMC Campus Tax Exempt status on the agenda for Council Work Session

Tuesday, March 23  5:30 p.m. in Rouss City Hall, Council Chambers


One of the items on the agenda:
O-2010-12: Ordinance 

AN ORDINANCE TO DENY THE APPLICATION OF WINCHESTER MEDICAL CENTER FOR TAX EXEMPT STATUS BY CHARITABLE ORGANIZATION PURSUANT TO 27-33 OF THE WINCHESTER CITY CODE  (pages 16-22)

[This is a blanket exemption request for the entire campus] 



Financial Impact:
At the City of Winchester's current tax rate of $0.77 and the property having an assessment of $272,214,900.00, this equates to $2,096,054.73 in tax dollars.

Saturday, March 20, 2010

Salary history on the MILLION dollar CEO for a local area non-profit

Just wanted to shared the total compensation package figures of this MILLION dollar CEO for a local area non-profit institution.

2003 - $455,020

2004 - $620,432

2005 - $824,113

2006 - $730,318

2007 - $927,147

2008 - $1,036,579


Source of information for years 2003-2005 was obtained from "wherethemoneygoes.com" and 2006-2008 were the IRS990's.  Years 2006 and 2007 were just Base Compensation and Contributions to employee benefit plan and deferred comp plans.  For year 2008, the compensation package went into a more detailed breakdown.

Wednesday, March 17, 2010

Local Area area non-profit had a MILLION dollar CEO in 2008

Despite difficult economic times, pay raises were plentiful for some individuals for one local area non-profit in 2008 despite the fact they showed less money made on paper vs. 2007.

This million dollar CEO got a pay raise that was worth a total compensation package of $109,426.

631,330 - Base Compensation
 60,000 - Bonus & Incentive Compensation
 15,007 - Other Compensation
301,193 - Deferred Compensation
 29,049 - Nontaxable Benefits
==========
$1,036,579

Stay tuned to become more informed!