wrote in message
oups.com...
B. Lafferty wrote:
"Casey Kerrigan" wrote :
B. Lafferty wrote:

However, the 2004 990 filing for USA Cycling, Inc. does not list any
salary
payment to Steve Johnson.

http://www.guidestar.org/FinDocument...01e3d06a-9.pdf
The 990 does list compensation for Gerard B. in the amount of
$158,750.00

So where the $125,000 that Steve Johnson says he didn't get from
USACDF that
is reported on the USACDF 990 as coming from USAC, Inc. which is not
listed
on USAC, Inc.'s form 990?

Did you bother to read schedule A of the USAC 990 form?

Yes. You missed the point. Who's paid employee is he; USAC or USADF?
He's
listed as a USAC employee receiving a USAC salary without mention of a
USACDF employee with a salary drawn from USAC. The problem is in the
USAC
filing not making transparent his relationship with USACDF.

Actually, I've read more than enough Proust--all of Remembrance of Things
Past. The original question was not correctly stated, as you note. I should
have focused the question on USAC's not noting the salary in relation to
USACDF.

Casey answered the question you asked, where does the 2004 990 for
USAC list salary payments to Steve Johnson? It's on schedule A,
which is page 7 of the pdf. If you can't get to page 7 of a form 990
how are you ever going to make it through Proust?

For your new question, the USAC 990 lists him as the paid COO.
The USACDF 990 lists him as the _un_paid executive director and
indicates he is paid by USAC ("Officer Compensation From Related
Organizations" from line 75).

This is precisely the issue. Johnson is an officer of USACDF and an officer
of USAC. He is paid by the latter but the placing of Johnson on Schedule 8
of the USACDF lists Johnson as receiving officer compensation (for USACDF
duties) from a related organization. The point is that this is not set out
as a transparent relationship detailing how his USAC compensation relates to
his USACDF compensation derived from the former entity. It seems to me that
a non-profit organization (USAC) making a salary payment to an employee has
the right to expect 100% loyalty from that organization. If USAC made said
salary payment to Johnson, knowing that it was meant to compensate him in
some way for his 10+ hours per week service to USACDF, that should be made
clear along with the structure of that relationship.

When you have a donor foundation requiring seats on the board of trustees of
a donee organization as a condition of grantmaking, you have a situation
that is rife with potential, if not actual, conflict of interest. In such a
situation, complete tranparency is the only way that the public and the
state can determine if both entities are functioning withing the
requuirements of law. That USAC has not made clear their compensatory
relationship with Johnson in relation to USACDF is a significant problem.

You're complaining that the USAC 990
doesn't show that he's the unpaid ED of a related organization. I am
no expert on Form 990, but it's not obvious to me that there's anyplace
to report that. If he was getting paid by USACDF it should show up
on line 75 of USAC's 990, but he isn't.

Not everything a bunch of politically sleazy weasels do is financially
corrupt. Maybe their motives are morally pure - they're just in it for
the power, not the money. (Presumably, the money we're taking
about is pocket change to Thom Weisel, if not to Och or any of the
other employees.)

Ya never know. The Weasel may be hurting after paying that $12+million to
the Feds for alleged securities violations. (I say this tongue in cheek)