Treatment Abuse, Behavior Modification, Thought Reform > Hyde Schools
Malcolm Gauld's 2004 compensation on IRS Form 990: $238,276
Anonymous:
--- Quote from: ""Guest"" ---Here is a copy of the most recent IRS Form 990 submitted by Hyde School and posted on the GuideStart website: http://www.guidestar.org/FinDocuments/2 ... 75b0-9.pdf
You will see that for calendar year 2004, Malcolm Gauld's compensation was $238,276 and the contribution to his employee benefit plan was $59,387 (page 31)
I am stunned by this income.
Do you think Hyde parents know this? How do you think they would react if they knew?
--- End quote ---
First of all, give credit where credit is due. You only mentioned Malcolm's salary. What about the salary Hyde School pays Laura? Did you salary information include both campuses? What about all the income from the Charter Schools which are run with YOUR tax paying dollars.
Don't forget all the benefits like free housing, free food, free transportation, free everything. Don't you have to claim this as compensation? I also understand that Hyde makes a ton of money in rent from the boarding schools, etc. I believe there is also compensation from each charter school.
Ha, ha, ha, who is the joke on? I guess all the parents. It is laughable that they put so much pressure on the parents to give, give, give!!
Ursus:
Okay, here's another, more local, source. Median range still way below Malcolm's: "The middle 50 percent of salaries range from $110,513 to $181,186."
http://www.seacoastonline.com/2003news/ ... /48142.htm
Headmaster?s $500K salary not a shocker
By Jesse J. DeConto
jdeconto@seacoastonline.com
The trustee chairman of a local private school said the recent news of St. Paul?s prep school headmaster Craig Anderson?s half million dollar compensation package makes it easier to justify his chief administrator?s salary to potential donors.
The Wall Street Journal reported Anderson received $524,000 in salary, benefits and deferred compensation last year. This is more than four times the national average for pure boarding schools, according to the National Association of Independent Schools (NAIS). It is much higher than the principal?s salary at Phillips Exeter Academy and compares closely with that of the Dartmouth College president.
The NAIS, which includes both Berwick Academy and Phillips Exeter Academy, calculates average salaries for private school principals. NAIS spokeswoman Myra McGovern said the highest headmaster?s salary reported for the 2002-03 school year was $325,000. The median salaries are $143,050 for day school headmasters and $100,000 for boarding schools. The middle 50 percent of salaries range from $110,513 to $181,186.
"Any of those numbers seem excessive, depending on where you sit in life," said Chuck Clement, owner of Eastern Propane and chair of the Berwick board of trustees. "Being overpaid is certainly a matter of perception."
Although, on average, day school salaries are higher than at boarding schools because of room and board provisions, Richard "Hap" Ridgway, head of school at Berwick Academy, a country day school, earns far less than Anderson, who lives in his school?s 14,000-square-foot mansion. The board of trustees at Berwick has been trying to raise Ridgway?s salary to the national average over time. For private day schools like Berwick, which serve students in kindergarten through 12th grade, the median principal?s salary is $158,420.
"We have not gotten Hap to the median standard at this point," Clement said. "He actually has refused some of his increases."
Clement said Ridgway?s below-average salary and stellar performance make it easier to approach potential donors during capital campaigns. The board chairman does not envy those now faced with raising money for St. Paul?s School.
"It would be a little more difficult for folks to pick up the phone over there and ask the parents for an annual donation," Clement said.
The Berwick board of trustees could not contemplate paying its headmaster as much as Anderson because the school has an endowment about 3 percent of the size of St. Paul?s - $339 million - and relies heavily on tuition payments to operate.
"Their business plan over there clearly would be different than our business plan," Clement said. "We have a lot of people at Berwick Academy who work two jobs to send their kids there."
Demanding parents who want the best for their children can put a lot of pressure on a headmaster, and dealing with that stress is worth a substantial salary, Clement said.
"I always tell him he?s got 1,100 bosses," Clement said. "I don?t know about you, but one or two is more than enough."
Anderson?s "bosses" at St. Paul?s are split with regard to his pay level. Some parents are calling for his ouster, while others applaud his fund-raising campaigns that have quadrupled annual donations during his six-year tenure.
"A good fund-raiser for a school is incredibly valuable," Ridgway said. "That?s not anybody?s favorite job. ... The stresses on being a head of school have gotten to the point where people are leaving because it?s just not worth it."
"It?s really comparable to a lot of the skills required of CEOs these days," said the NAIS? McGovern. "The job is so complex and requires so much, it?s really a 24-7 job. There are fewer candidates that are aspiring to headship."
Still, Ridgway called Anderson?s salary very generous.
"St. Paul?s is an incredibly well-endowed school," he said. "They?re one of the most fortunate schools in the country. They pay their teachers very well, and, obviously, they pay their administrators very well."
Headmaster/Principal Salaries**
School Salary Total compensation
Berwick Academy $117,500 $140,224 (2001)
Dartmouth College $351,390 $563,103 (2001)
Exeter H.S. $86,300 $98,275
Marshwood H.S. $75,363 $94,204*
Newmarket H.S. $76,791 $95,989*
Phillips Exeter $194,072 $336,142 (2002)
Portsmouth H.S. $82,000 $102,500*
St. Paul?s - Concord N/A $524,000 (2003)
Traip Academy $76,125 $95,156*
UNH $200,000 $250,000*(2003)
Winnacunnet H.S. $85,280 $105,000
*Total compensation is calculated by increasing the salary figure by 25 percent, to reflect the typical benefits package.
**All figures are for fiscal year 2004 unless otherwise noted.
Sources: School officials and guidestar.org
Anonymous:
Malcolm Gauld's salary for 2004 -- two or so years earlier -- was $238,276. So, when you factor in inflation, the discrepancy is bigger. Hyde appears to be a cash cow. I wonder how generous Hyde is with teacher salaries.
Hyde is not generous at all with their teachers which is why so few of them stay more than a year. I have never seen such quick turnover of employees. What does this say about the education at Hyde?
As far as Malcolm's salary, I assume this $238,000 does not include all the free services he gets. I wonder the same thing as another poster. How much is Laura making and what other funds are they getting from all the other sources ie charter schools, foundations, etc.
Ursus:
--- Quote ---How much is Laura making
--- End quote ---
$78,000; contribution to employee benefit plan $12,979.
Anonymous:
--- Quote from: ""Guest"" ---
--- Quote from: ""Guest"" ---Here is a copy of the most recent IRS Form 990 submitted by Hyde School and posted on the GuideStart website: http://www.guidestar.org/FinDocuments/2 ... 75b0-9.pdf
You will see that for calendar year 2004, Malcolm Gauld's compensation was $238,276 and the contribution to his employee benefit plan was $59,387 (page 31)
I am stunned by this income.
Do you think Hyde parents know this? How do you think they would react if they knew?
--- End quote ---
First of all, give credit where credit is due. You only mentioned Malcolm's salary. What about the salary Hyde School pays Laura? Did you salary information include both campuses? What about all the income from the Charter Schools which are run with YOUR tax paying dollars.
Don't forget all the benefits like free housing, free food, free transportation, free everything. Don't you have to claim this as compensation? I also understand that Hyde makes a ton of money in rent from the boarding schools, etc. I believe there is also compensation from each charter school.
Ha, ha, ha, who is the joke on? I guess all the parents. It is laughable that they put so much pressure on the parents to give, give, give!!
--- End quote ---
Most of your children would be willing to pay that much and plenty besides to undo the years of Hyde.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version