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Chartock
takes a hike
or:
'You too, can get rich off the public trough just
by using my sure-fire patented method!'
by G. M. Heller
February 22, 2001
The following chart shows WAMC, Inc. chairman
and executive director Alan S. Chartock's WAMC pay hikes each year, from
fiscal 1989 up to and including fiscal
1999, as reported
by WAMC to the U.S. Internal Revenue Service.
'Compensation' plus
| Fiscal Year | % increase from
the prior fiscal year
'Contributions to
employee benefit
plans and deferred
compensation'.
Pay hikes (+) shown in green
---------------------------------------------------
$29,697 --
1989
+ $5,181
--
+17.4%
$34,878
-- 1990
+ $6,056
--
+17.4%
$40,934
-- 1991
+ $6,399
--
+15.6%
$47,333
-- 1992
+ $9,630
-- +20.3%
$56,963
-- 1993
+ $10,418
-- +18.3%
$67,381
-- 1994
+ $7,805
(est.)
--
+11.6% (est.)
$75,186 (est.)
--
1995
+ $8,708
(est.)
--
+11.6% (est.)
$83,894 (est.)
--
1996
+ $9,715
(est.)
--
+11.6% (est.)
$93,609
-- 1997
+ $3,648
--
+3.9%
$97,257
-- 1998
+ $2,342
--
+2.4%
$99,599 -- 1999
Mr. Chartock's pay hikes averaged an increase of
13%
each
year, every year above the preceding year's pay.
For the fiscal years 1989
to 1994, WAMC reported that Mr. Chartock received remuneration under
the category entitled: 'Expense account and other allowances'.
The figures shown above for those years reflect this extra income.
Please note that returns filed from 1994 to 1999, report
the answer
"NONE" under the 'Expense account ....' category.
(At this writing, it is not known whether returns filed for fiscal years
1995
and 1996 reported remuneration in this category or reported
"NONE".)
All pay figures displayed
above reflect Mr. Chartock's employee 'compensation' plus
'contributions
to employee benefit plans and deferred compensation'.
The figures reported above
do not include Mr. Chartock's annual compensation and employee benefits
from The State University of New York where during the same time
period he has been employed as a full-time professor of political communication.
All percentages shown above
are calculated using WAMC's reported figures, then rounded-off to the nearest
one-tenth percent.)
Fiscal data contained in
this article is taken from WAMC, Inc.'s IRS Form 990 - Return of Organization
Exempt from Income Tax - for fiscal years 1999, 1998, 1997, ------,
------, 1994, 1993, 1992, 1991, 1990, and 1989, tax period beginning
July 1st and ending June 30th. Fiscal years 1996 and 1995
were not available at time of publication so pay figures for those years
have been estimated via numerical extrapolation using known figures reported
for fiscal 1997 and fiscal 1994.
WAMC's IRS Form 990
may be obtained from the U.S. Internal Revenue Service under the Freedom
of Information Act (FOIA). By federal law, it is also available
for public inspection at the offices of WAMC Northeast Public Radio,
Inc. at 318 Central Avenue, Albany, New York during regular business
hours, and without advance notice.
©2001 WAMC Northeast Pirate Network®/™
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©2001
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