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Salaries at Boy and Girls Club grab attention of senators

By Jay Heflin - 03/15/10 10:40 AM ET

Republican senators are publicly questioning why executives for the Boys and Girls Club of America are raking in high salaries while budget shortfalls force clubs to close nationwide.

Sens. Chuck Grassley (R-Iowa), Tom Coburn (R-Okla.), Jon Kyl (R-Ariz.) and John Cornyn (R-Texas) last week sent a letter to the organization noting that 40 percent of its revenue on 2008 tax forms came from the Federal government. The forms also showed a $13 million loss for the year while its president received $900,000 in compensation.

“We find it hard to reconcile this loss when the amount spent on executive salaries,” the letter states.

Legislation has been drafted to address this issue. Senators have also requested  additional information from the organization to support the level of compensation to executives.  

“[I]t is a matter of transparency and accountability in the use of taxpayer dollars and program integrity for the young Americans who are supposed to benefit from these resources,” the senators stated in prepared remarks.


Source:
http://thehill.com/blogs/on-the-money/corporate-governance/86715-salaries-at-boy-and-girls-club-grab-attention-of-senators-

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