|June 26, 2012|
|Hood Offered 3-Year Pact at Page Society|
|By Jack O'Dwyer|
|The Arthur W. Page Society’s IRS Form 990, which was published this week, shows that former PR Week/U.S. publishing director Julia Hood was paid $274,676 for 2011. |
That figure includes base salary, performance bonus, unused vacation pay, retirement contributions, plus other payments made by the company for such things as Medicare, Social Security, unemployment compensation and other taxes and payments. She earned $103,889 in 2010 after joining in June of that year.
Hood was offered a three-year contract and was hired after an executive search firm “researched roles, responsibilities and qualifications and, using comparative data for like-sized organizations, provided compensation recommendations to a search committee of the board.”
The search committee and full board approved the contract.
Hood returned to Haymarket as executive VP and board member in charge of PRW and Direct Marketing News late last year.
Hood, who was the first staff head of Page to have the title of president, had base compensation of $182,312; bonus and incentive expense of $50,000; non-taxable benefits of $32,714; retirement and other deferred pay of $7,047, and $2,603 in other compensation. Page president Roger Bolton said the amount of Hood's salary that would normally be considered compensation totaled $234,915.
Hood was succeeded by Bolton, president of Page in 2006-07 and who had retired as a senior VP of Aetna in 2006.
Page Posts 990 Early in Year
Page, a 501c/3 nonprofit, is to be commended for releasing its Form 990 directly to the press, rather than making press and others wait until it is available on GuideStar or Foundation Center 990 Finder. It can take as long as six months before a 990 is posted on either because of the deluge of such forms the two services receive and the need to reformat them.
The PR Society for the past several years has withheld publication of its 990 until after the Assembly in October. Initial filing deadline is May 15, a deadline ignored by many non-profits.
Independent Sector, comprised of more than 500 non-profits (mostly 501c/3 educational and charitable groups), tells the non-profits (PDF) to stop seeking needless extensions and post both their 990s and annual audits on their websites early in the year.
Both its 2011 audit and Form 990 are on its website in the public area.
Page Legal Bills: $4,814 in Five Years
Legal bills of Page for the past five years total $4,814, an amount spent in 2011.
Much more involved in legal work is the PR Society, whose legal bills for the five years ended Dec. 31, 2010 totaled $400,465. Biggest expense was the legal bill for $124,016 in 2009 when a bylaws re-write was conducted in the Assembly.
The use of 56 proxy votes that day opens all of the actions to perpetual challenge under Robert’s Rules, the “parliamentary authority” used by the Assembly.
Page provides a breakout of spending on meals ($18,254) which PRS does not.
Eleven corporate contributions, ranging from $8,500 to $20,500 and totaling $136,500 are listed but the contributors are not identified.
This is a giant loophole enjoyed by all 501c/3s and c/6s. They don’t have to reveal the sources of such contributions.
Jon Iwata, 2012 chair of Page, has not returned phone calls or e-mails sent to him by this website, which has requested an interview.
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