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Sharla Lair

Dogged by Nepotism Charges, Chiropractic College Reveals Earnings of Chief's Family - L... - 0 views

chronicle.com/...135168

Logan nepotism earnings

shared by Sharla Lair on 19 Oct 12 - No Cached
  • After years of guarding such details, one of the nation's largest nonprofit chiropractic colleges has disclosed on its tax forms that the institution's president and his family members collectively earned more than $1-million in 2010-11. The bulk of the $1,028,939 went to George A. Goodman, whose $798,198 compensation as president of Logan College of Chiropractic University Programs, in Missouri, rivals that of the leaders of some elite research institutions. The remaining $230,741 went to Mr. Goodman's wife, son, and daughter-in-law.
  • The second-highest earner in the family was Mr. Goodman's son, Jason C. Goodman, whose compensation as an instructor totaled $97,910. Elizabeth A. Goodman, Mr. Goodman's wife, earned $92,486 in her role as dean of university programs. Jessica Chrun-Goodman, Jason Goodman's wife, earned $40,345 for duties unspecified in the form.
  • The IRS assesses all benefits flowing to a family to determine whether compensation for a chief executive is excessive, and any tax form that fails to provide that information is incomplete, said Raymond D. Cotton, a lawyer in Washington who specializes in presidential contracts and compensation matters.
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  • Mr. Goodman, according to The Chroni­cle's analysis, earned more than all but one other public- or private-college president in Missouri in 2009-10. Only Mark S. Wrighton, president of Washington University in St. Louis, earned more. Mr. Goodman's compensation constitutes about 3 percent of Logan's $24.6-million budget. His total pay for 2010-11 slightly exceeded that of Lawrence S. Bacow, president of Tufts University. Tufts has a budget $768-million.
  • Sharla Lair on 19 Oct 12
     
    Logan College of Chiropractic University has finally released how much the president and his family are paid. If you remember, several months back, another Chronicle article mentioned hints of nepotism. What's totally outrageous is that the president at Logan is the 2nd highest paid president in MO, with only Wash U being higher paid. I have concerns over the impact this can make on Logan as a whole.
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