Article

2018-06-14 -Lurid Crime Tales-

Rev. Al Sharpton Gave Himself A $437,555 "Bonus"

[TMZ] Activist got huge payout from not-for-profit group he heads. The not-for-profit "social justice organization" headed by Rev. Al Sharpton paid the New York activist a whopping $437,555 bonus--on top of his $250,000 salary--according to the group's most recent tax return submitted to the Internal Revenue Service.
Note they didn't specify which decade. He's been a bit "deficient" in those matters
The hefty payment to Sharpton was revealed in a filing by the National Action Network, the Harlem-based group Sharpton founded nearly 25 years ago. The organization's 2016 tax return, which Sharpton signed in November 2017, disclosed the "one-time bonus" to the 63-year-old civil rights leader.

According to its tax return, the National Action Network "works within the spirit and tradition" of Martin Luther King Jr. and promotes "an agenda that includes an equal standard of justice and decency for all people regardless of race." Sharpton, who serves as the group's president and CEO, spends an average of 40 hours a week working for the organization, according to the tax return.

The "~~Christian~~ activist social justice organization" has 34 employees and 125 volunteers and reported $5.821 million in revenue in 2016 (the most recent year for which financial records have been made public). Expenses for 2016 totaled $5.817 million.

Sharpton's 2016 "base salary" was $250,000. The bonus payment ballooned his total compensation to $687,555.

In justifying the bonus, the National Action Network--which Sharpton controls--told the IRS that, over the past 25 years, Sharpton had "periodically declined compensation to ensure that the organization had sufficient operating funds to fulfill its payroll obligations and maintain ongoing operations." The organization added that it had previously "received the services of the President and CEO without fully compensating for his services.

Posted by Frank G 2018-06-14 00:00|| || Front Page|| [11136 views ] Top

#1 It amazes me that the IRS does not seem to have any liens on Sharpton or this 'nonprofit' for his back payroll taxes.

Posted by Raj 2018-06-14 08:23|| 2018-06-14 08:23|| Front Page Top

#2 Venda, Tswana, Tsonga, Swazi Khoisan, San Khoi, Khoikhkhoi, Ndebele, and several other Bantu and non-Bantu speaking tribal hierarchies (kings, headmen, etc) even though not part of the official South African government structure, receive gov't stipends. It's an effective method of insuring political loyalty keeping the shi* level down. Some might refer to it as political blackmail. This might answer the lingering IRS question, I don't know.

Posted by Besoeker 2018-06-14 08:59|| 2018-06-14 08:59|| Front Page Top

#3 How humanitarian of him.

Posted by DarthVader 2018-06-14 10:08|| 2018-06-14 10:08|| Front Page Top

#4 the National Action Network "works within the spirit and tradition" of Martin Luther King Jr.

Well I guess so!

Posted by Skidmark 2018-06-14 10:35|| 2018-06-14 10:35|| Front Page Top

#5 Not bad pay for being a rabble-rousing community ~~organizer~~ trouble-maker and shakedown artist. Beats working for a living. Almost as good as being a Congress-critter.

Posted by JohnQC 2018-06-14 11:00|| 2018-06-14 11:00|| Front Page Top

#6 "Travel and Entertainment Expenses are reimbursed separately"

Posted by Mullah Richard 2018-06-14 11:31|| 2018-06-14 11:31|| Front Page Top

#7 Preachin', it be hard mofo work brother

Posted by Cheaderhead 2018-06-14 15:56|| 2018-06-14 15:56|| Front Page Top

#8 $437,555? Cheapskate Al.

Posted by Spot 2018-06-14 18:43|| 2018-06-14 18:43|| Front Page Top

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