Yea, it would 99.9% still be a W-2 issued by the school to the person, unless the Hurricane Club or similar paid the person directly. But if someone donated to the school and then the school paid the coach, physician, teacher, then the school is still considered the paying entity and would issue the W-2.That was my belief but wanted confirmation from a legal eagle. I can see how an employee’s salary could be paid through “donations” or through another avenue and be legally employed by a certain entity.
That was my question. If another entity paid him directly, would he still be considered an employee of the university. If not, then could the entity paying him directly terminate him? That point was the reason for me asking the question.Yea, it would 99.9% still be a W-2 issued by the school to the person, unless the Hurricane Club or similar paid the person directly. But if someone donated to the school and then the school paid the coach, physician, teacher, then the school is still considered the paying entity and would issue the W-2.
I’ll start this by saying 990s are the core part of my job and career. I work at a large 501c3 and prepare them in house and worked at a Big 4 accounting firm before in their exempt orgs group.
So to answer number 1. The people listed as compensated from athletics are under the five other highest compensated employees. That is independent from the he analysis of him being listed as a key employee. I think the school is probably a little light in the number of KE listed, but I can tell you a lot of organizations try to minimize the number of people listed on part VII for the obvious reason that comp is publicly listed. However, unless the AD makes up 10% of one of those above buckets, then he wouldn’t meet that definition.
2. The five highest compensated employees are the five employees of the school who are not officers, directors, or key employees. So take out Frenk, the provost, etc. You would then look at all of the school’s issues W-2s and report those next five people. That’s why they are all paid around $2m plus. There are probably a ton of UHealth physicians that make more than James too. Pretty much, there is no chance he would get reported under this bucket.
3. As to your question about the Hurricane Club and related income. The person would have to still meet one of the definitions above, but the Hurricane Club would have to be legally related to the school (subsidiary or brother-sister entity). If they were, they would be reported on Schedule R, which they aren’t.
So I would point out a couple of things.Thank you for your reply.
You look at old forms (https://projects.propublica.org/nonprofits/display_990/590624458/2008_02_EO/59-0624458_990_200605) and you can clearly see Paul Dee in 2006 and he made $369K.
If we were paying Paul Dee that much in 2006, I think it is safe to assume our current AD is making more numerous years later.
Didn’t say the median. I know it’s not the most reliable numbers, but I don’t think we are paying our AD in the bottom tiers of the D1 schools. To say he must be doing around 500k$ ain’t an horrible guess.Averages can be greatly skewed. What was the median salary for a D1 AD?
For referenceWhich ACC athletic director makes the most money? - ACCSports.com
A report published by Jason deBruyn at WUNC details the total compensation for every athletic director in Division I sports — here's a look at where the ACC standsaccsports.com
Why Cinn? Why not UVA?
Also, why doesn’t he show up on those tax forms?
Can’t be much less considering he was “AD of the Year” (or some sh*t) and signed an extension through 2023. If it’s north of $650K then I don’t even want to know about it.
A good comp should be Cincinnati and their AD’s base salary is $450K.
Would be more fun to guess his other benefits. I’m sure he gets a membership to Miami Velvet so he can cuck out even further into his Saturday nights. I’m sure Mack Brown is plowing his wife right now
It looks to me like the "highly compensated" inclusions are all making more than Frenk (1.3 million). I cannot possibly imagine that Beta Blake was making more than a million per year at this point, and I would imagine that a half-million is a much more accurate "neighborhood" for his salary.
1. Paying Blake anything is too much money.
2. Isn't he considered a "director"?
next year when we get our ****s stomped in by bama.. don't come on this board and screaming on twitter to fire manny..... BLAKE MF'ING JAMES should get all of your anger... he can't survive this massive **** up.. clean house next year.. no manny no james... onward
Blake James, Julio Frenk, and the entire BOT.
We have an entire administration at Miami that doesn't give a single **** about football. UM football is literally the most poorly managed entity I can think of in the past 30 years.
We are managed by complete dolts.... from the very top on down.
Until that changes, we'll just fire Manny and hire some other unqualified empty suit to take his place.
We continue not to spend **** on coordinators. We continue to not spend **** on assistants. Our recruiting staff is headed up by Mike ******* Rumph. We have no analysts, no recruiting budget, no stadium, and we throw a ******* party because our facilities are now only slightly below average, instead of being the worst in the entire NCAA.
This ENTIRE PROGRAM is a giant ******* joke, and that starts at the very top. Until that gets fixed, nothing gets fixed.
The term "director" is used in two different ways.
You have to include them if they are on the Board of Directors.
But mere job titles that include "Director", such as "Director of Accounting", are not considered "Directors" that need to be disclosed on the salary schedule.
UM probably has hundreds of different jobs with "Director" in the title.
I get it but we don’t have a BOD we have a BOT.
It also is the “highest” job in athletics. In addition, we have had ADs on that form before.
The five highest compensated is required. It’s not optional. You have to put the 5 people that make more than $100k and are not elsewhere on Part VII as an officer or key employee. You also have to list former officers if they were active in the five previous years and are paid over $100k in the current year. Not optional.I'm not disagreeing with you.
1. Form 990 is created by the IRS. It is used by a wide array of not-for-profits. Universities may have Trustees. More "corporate" entities, like the United Way, may have Directors. The intent of the form is to require disclosure of payments to the Board, whether it is a BOT or a BOD.
2. I would imagine that Paul Dee was paid more than Blake is paid, and was included on the 990 in the past. Also, all the things I mentioned (listing the 5 most highly paid) are just common practices by the tax preparer, they are not formal rules of the IRS itself. Just as with corporate income tax returns, the tendency of the preparer is to omit as much salary information as possible. When I work on corporate income tax returns, we usually put "Information Available Upon Request", and we do NOT disclose it on the return. HOWEVER, not-for-profit returns have to be made available to the general public, so it can be harder to skirt those salary disclosure requirements.
Also, I believe that 990 is for the entire university, not just the Athletic Department. So if UM was including the "highest job" in every department, that form would get verrrrry long.
2. I would imagine that Paul Dee was paid more than Blake is paid, and was included on the 990 in the past. Also, all the things I mentioned (listing the 5 most highly paid) are just common practices by the tax preparer, they are not formal rules of the IRS itself.