MASSACHUSETTS
Boston Catholic Insider
We got word that the Boston Archdiocese is not going to answer our questions about the deceptive claim of a “balanced budget” in the 2011 Annual Report, and that will be the topic of an upcoming post. In the meantime, we thought we would take a closer look at the bloated payroll, which contributed to what the Annual Report shows is a $4.2M operating loss for 2011. We also look at the slow pace of action by the new Compensation Committee.
Number of People Earning More than $150K
According to the annual report for the 2011 fiscal year (page 83), the number of people making $150K or more in that fiscal year was 17. If you compare that to the 2006 Annual Report, before outgoing Chancellor Jim McDonough arrived, you will see there were just 2 people in the Chancery paid more than $150K. So the number of people making $150K or more per year has increased by more than 8X since 2006.
The total compensation paid to people making more than $150K has also increased by a factor of about 9X since 2006. In 2006, those two people paid over $150K per year were paid $393K in salaries. According to the 2011 Annual Report as well as information from other sources, the 17 people at the Pastoral Center making more than $150K today in aggregate are paid somewhere close to $3.5M a year in salaries. Just to reiterate, that is about 9 times more than was paid in 2006 in $150K+ salaries vs 2006.
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