Ten executives within the USA Swimming ranks cost the organization about $2.7-million in cumulative salaries expenditures. To grasp that amount, that would be like giving every single member on the 2008 USA Swimming National Olympic Team; (About 50-members), a $50,000 salary plus a $5,000 holiday bonus at the end of the year.
Well, I suggest they do that and so should you if you are a parent and sending them money each month! In fact, suggest scholarships too!
Not to pour some salt on the wound but if USA Swimming found it in their hearts to do what I suggest, that would leave the organization with more than $20-million dollars left over to actually spend on more important issues like furniture and stuff.
Let me explain, on Page-10 of the Form 990 called, 2009 Depreciation and Amortization Report - Unadjusted cost of basics: Furniture, fixtures, office furniture and equipment started out the year worth $861,174 but depreciated to $737,358 a year later.
That is a lot of furniture, I wonder what the cost breakdown per employee would be?
One has to imagine what the health of the sport would be like if USA Swimming spent at least 51% of their gross income on swimmers and swimming! I am doing the math and I don't see that percentage of income distribution asserting itself. I could be wrong, I am still looking into it.