News on CBS just days ago...

[Radio Dav]

They talked about other organizations that make money from people making a living, they said the Ceo's at some non profit organzations made like a 8% raise in salary, there salary may been well over 400k dollars a year, while Ceo's at a profit organization had a negative result in salary.

So what about the Ceo's that run EMF (K Love)?
Non profits like EMF and K Love may make lots and get a tax exemption, and what does the Ceo's make at EMF?

I guess the goverment needs to remove Ceo's that make more than there worth at several non profit organzations because there organization has a tax exemption.

The government needs to set a salary cap, if they can get donations and pay people like that then those organizations need to pay income or those people go out the door.


The government needs to set a salary cap, if they can get donations and pay people like that then those organizations need to pay income or those people go out the door.

 

[bassassassin]

Obviously, you believe deeply in that last statement.

 

[William_Yeager]

This was from the "Taylor on Radio-Info" newsletter back on October 13:

"2007 was when longtime EMF honcho Richard Jenkins left the active management of the company and Mike Novak assumed that position. So it’s not surprising to see a 2008 bonus for Jenkins of $85,231 and “other compensation” of $242,891, on top of his salary of $320,414. Total pay package for Jenkins - $658,465. Mike Novak had a base salary of $280,607, and the deferred compensation and benefits brought him up to about $314,000. The IRS filing lists the pay packages of other executives, plus the 2008 pay of former morning personality Jon Rivers - $235,830."

Relative to percentage of revenues, based on CEOs of for-profit companies with whom I'm familiar, Mike Novak would be getting between $900,000 and $1.2 million in the private for-profit world at a company with similar revenues ($92 million).

 

[BobOnTheJob]

This was from the "Taylor on Radio-Info" newsletter back on October 13:

"2007 was when longtime EMF honcho Richard Jenkins left the active management of the company and Mike Novak assumed that position. So it’s not surprising to see a 2008 bonus for Jenkins of $85,231 and “other compensation” of $242,891, on top of his salary of $320,414. Total pay package for Jenkins - $658,465. Mike Novak had a base salary of $280,607, and the deferred compensation and benefits brought him up to about $314,000. The IRS filing lists the pay packages of other executives, plus the 2008 pay of former morning personality Jon Rivers - $235,830."

Relative to percentage of revenues, based on CEOs of for-profit companies with whom I'm familiar, Mike Novak would be getting between $900,000 and $1.2 million in the private for-profit world at a company with similar revenues ($92 million).

Thanks for that perspective William...it demonstrates that Mike is doing it partially to feed his family, but even more so as a service to God. I'm a contract engineer for EMF stations and others...Everyone I speak with who works there has nothing but the highest praise for their employer. I don't need to tell anyone what an unheard of scenario that is today.

 

[jry]

I have done and do business with EMF. Have for years.
You don't need a contract with those folks.
Honorable and honest.
Those wages don't go too far out in California. 300K there is like earning around 150 here.....

So, K Love wasn't on CBS, just the wages paid at some non profit organizations.