Malcolm Gauld's 2004 compensation on IRS Form 990: $238,276

[Anonymous]

I think you are just about right (7 fig.).

I wish we had an accountant amongst us to translate...

There are 11 pages missing out of the interior of the form, I'm not sure that means anything.  The return is numbered into the 30's, the download is 26 pages long.  The gap consists of pages 13-23, inclusively.

Related organizations are listed as:  Hyde Foundation, Fast Inc., Hyde School at Woodstock, Hyde Realty Trust.  The tax return is solely for The Hyde School in Bath, Maine; I am not sure whether the other entities have been filed separately (guidestar angel?).

On page 7, they need to list the 5 highest paid employees.  These are:  Kenneth Grant, Exec Director; $80,500 compensation/$13,111 employee benefit plan contribution; Joseph Gauld, Founder; $75,000/$8,708; Claire Grant, Assistant Director; $72,300/$3,939; Laura Gauld, Exec /Director; $78,000/$12,979; Lavoe Davis, Exec Director; $80,000/$7,623.  Number of additional employees paid over $50,000 is noted as 2 (no details).

On pages 31-32 (pp20-21 of the download):  List of officers, directors, trustees, and key employees.  Most of these make $0, with the following exceptions:  Malcolm Gauld, president; $238,276/$59,387; Laurie Hurd, headmaster; $108,315/$13,708; Robert Pauline, CFO; $99,500/$12,951.

Hyde realty trust probably owns some of the property and most probably that the Gaulds somehow make money off of that too.  Don't forget that the school board pays them a pretty penny to run the charter schools.  Whos pockets is that going into?

I don't understand what in the world this family does with all their money and they sure have a ton of it!  The women sure as hell don't spend it on their ugly size 22 baggy clothes!  They have virtually no living expenses, (bet the IRS would like to know the truth about the benefits) including transportation, housing, food, etc not only for them but for their entire families.  By the way, take a look at the expenses for travel on the 990 for all the schools.  They sure are tapping into their "non profit" monies!!

[Anonymous]

I think you are just about right (7 fig.).

I wish we had an accountant amongst us to translate...

There are 11 pages missing out of the interior of the form, I'm not sure that means anything.  The return is numbered into the 30's, the download is 26 pages long.  The gap consists of pages 13-23, inclusively.

Related organizations are listed as:  Hyde Foundation, Fast Inc., Hyde School at Woodstock, Hyde Realty Trust.  The tax return is solely for The Hyde School in Bath, Maine; I am not sure whether the other entities have been filed separately (guidestar angel?).

On page 7, they need to list the 5 highest paid employees.  These are:  Kenneth Grant, Exec Director; $80,500 compensation/$13,111 employee benefit plan contribution; Joseph Gauld, Founder; $75,000/$8,708; Claire Grant, Assistant Director; $72,300/$3,939; Laura Gauld, Exec /Director; $78,000/$12,979; Lavoe Davis, Exec Director; $80,000/$7,623.  Number of additional employees paid over $50,000 is noted as 2 (no details).

On pages 31-32 (pp20-21 of the download):  List of officers, directors, trustees, and key employees.  Most of these make $0, with the following exceptions:  Malcolm Gauld, president; $238,276/$59,387; Laurie Hurd, headmaster; $108,315/$13,708; Robert Pauline, CFO; $99,500/$12,951.

Hyde realty trust probably owns some of the property and most probably that the Gaulds somehow make money off of that too.  Don't forget that the school board pays them a pretty penny to run the charter schools.  Whos pockets is that going into?

I don't understand what in the world this family does with all their money and they sure have a ton of it!  The women sure as hell don't spend it on their ugly size 22 baggy clothes!  They have virtually no living expenses, (bet the IRS would like to know the truth about the benefits) including transportation, housing, food, etc not only for them but for their entire families.  By the way, take a look at the expenses for travel on the 990 for all the schools.  They sure are tapping into their "non profit" monies!!

  Laurie is kind of hot if you ask me.  I would have to have her from behind though.

[Anonymous]

I think you are just about right (7 fig.).

I wish we had an accountant amongst us to translate...

There are 11 pages missing out of the interior of the form, I'm not sure that means anything.  The return is numbered into the 30's, the download is 26 pages long.  The gap consists of pages 13-23, inclusively.

Related organizations are listed as:  Hyde Foundation, Fast Inc., Hyde School at Woodstock, Hyde Realty Trust.  The tax return is solely for The Hyde School in Bath, Maine; I am not sure whether the other entities have been filed separately (guidestar angel?).

On page 7, they need to list the 5 highest paid employees.  These are:  Kenneth Grant, Exec Director; $80,500 compensation/$13,111 employee benefit plan contribution; Joseph Gauld, Founder; $75,000/$8,708; Claire Grant, Assistant Director; $72,300/$3,939; Laura Gauld, Exec /Director; $78,000/$12,979; Lavoe Davis, Exec Director; $80,000/$7,623.  Number of additional employees paid over $50,000 is noted as 2 (no details).

On pages 31-32 (pp20-21 of the download):  List of officers, directors, trustees, and key employees.  Most of these make $0, with the following exceptions:  Malcolm Gauld, president; $238,276/$59,387; Laurie Hurd, headmaster; $108,315/$13,708; Robert Pauline, CFO; $99,500/$12,951.

Hyde realty trust probably owns some of the property and most probably that the Gaulds somehow make money off of that too.  Don't forget that the school board pays them a pretty penny to run the charter schools.  Whos pockets is that going into?

I don't understand what in the world this family does with all their money and they sure have a ton of it!  The women sure as hell don't spend it on their ugly size 22 baggy clothes!  They have virtually no living expenses, (bet the IRS would like to know the truth about the benefits) including transportation, housing, food, etc not only for them but for their entire families.  By the way, take a look at the expenses for travel on the 990 for all the schools.  They sure are tapping into their "non profit" monies!!

  Laurie is kind of hot if you ask me.  I would have to have her from behind though.

Well that's a very intellgent comment!  Great to have a good sense of humor, but not exactly the way to help make a difference on this board

[Ursus]

Not my rude comment, but consider the context.

From another Forum on this site, posted by 'Milk Gargling Death Penalty', more or less discussing the industry in general:

It's the atmosphere of this place, the sickness and foulness of the industry, and the resulting rage and contempt of the posters here.

[Anonymous]

Not my rude comment, but consider the context.

From another Forum on this site, posted by 'Milk Gargling Death Penalty', more or less discussing the industry in general:

It's the atmosphere of this place, the sickness and foulness of the industry, and the resulting rage and contempt of the posters here.

  I am sorry.  My bad.  It is just that not all of the middle age women at Hyde are fat and ugly.  Both the headmasters are attractive women.  The "from behind" remark is just that there is a family resemblance to Joe.

[mansion dweller]

Does anyone know where i can get more information of saleries and spendings, i am attempting to compile this type of info for a letter i am writing to the school

[Anonymous]

Does anyone know where i can get more information of saleries and spendings, i am attempting to compile this type of info for a letter i am writing to the school

All you need to do is register on the GuideStar web site and search for all of Hyde School's documents.  This is public information because of Hyde's IRS status.

Here's the web site: http://www.guidestar.org/index.jsp

What kind of letter are you planning to write?  Is this the sort of thing that might be worth sharing widely among people who are interested in or concerned about what happens at Hyde?

[Anonymous]

Does the average Hyde parent know about Malcolm Gauld's compensation package?  I wonder what parents' reaction would be if they really know what these figures look like, particularly when Hyde pleads with parents to contribute their fair share.

[Anonymous]

Does the average Hyde parent know about Malcolm Gauld's compensation package?  I wonder what parents' reaction would be if they really know what these figures look like, particularly when Hyde pleads with parents to contribute their fair share.

I think it takes a certain kind of person to strong arm parents, who are already strapped with 2nd mortgages and extra loans to pay for their kids tuition costs, to "give 'till it hurts" when they themselves -- as a family -- are hauling in hundreds of thousands.

[Surfer Mouse]

Headmaster Compensations & Benefits
*Source - Guidestar.org

Kents Hill
152,000.  Total
----------------------
Berwick Academy
153,000.  Total
---------------------
Gould Academy
153,000.  Total
-----------------------
Fryburg Academy
158,000.  Total
----------------------
Hebron Academy
166,000.  Total
---------------------
Hyde School (Woodstock)
166,000.  Total
---------------------
Cushing Academy
171,000.  Total
---------------------
Brewster Academy
205,000.  Total
----------------------
Northfield Mount Hermon      
213,000.  Total
----------------------
Superintendant-Boston Public Schools
275,000.
---------------------
Tabor Academy
294,000.  Total
---------------------
Hyde School (Bath)
299,000.  Total

[Ursus]

$166,000 + $299,000 = $465,000.  Need we say more?

Interestingly, one of the lowest packages noted above is that of Berwick Academy.  There was an article posted not too long ago on page 1 of this thread re. headmaster salaries, and it was brought up that the current head of Berwick keeps refusing to allow his salary to be increased.  In the years when he has relented, he has allowed it to be increased by but small amounts.  This article is from 2003:

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.

 
Somehow, with all of Hyde's talk about staff serving as good examples of "character," the best examples of such are found outside of the Hyde community.

Further irony, regrettably this piece of information was omitted from the James Traub piece:  Joe Gauld was employed at Berwick Academy as headmaster (perhaps assistant headmaster?) for a very brief period in the early 60s just prior to founding Hyde School.  I'm thinking 1961-62 but I could be off by a year or two.  I've always wondered why he was there so briefly, as that institution seems to have relatively low turnover, at least in higher administrative positions...  To be fair, I should mention that it could very well be that Berwick was undergoing a big change in philosophical approach.  On the other hand, can you picture Joe Gauld having to report to a supervisor or a Board of Directors he did not install?

[Surfer Mouse]

"$166,000 + $299,000 = $465,000. Need we say more? "

Sure, why not. . .

Joe Guald - Hyde Foundation   -  $83,000.

2005   - "Biggest Job Expenses"     -   $73,000.
2004   - "Biggest Job Expenses"    -    $83,000.


------------------------------------------------------------
Demont & Associates, Inc.
Portland, Maine
 
Provides philanthropic counsel and related services to not-for-profit
organizations. The Demont approach is providing an attentive team
 of consulting professionals committed to volunteer-driven fund-raising
and advancement programs.


2006  -  $197,000. - "Consulting"
2005  -  $265,000. - "Consulting"
2004  -  $265,000. - "Consulting"

All this "consulting" and still able to pay
Enrollment Director - $98,000.
Development Director - $92,000.

Life is good in the "Non-Profit" world.


  ::cheers::

[Anonymous]

Biggest Snow Job expenses (2005): $166,000 + $299,000 + $83,000 + 73,000 + Laura Hurd's salary + Paul Hurd's salary = a cool million.

[Ursus]

Biggest Snow Job expenses (2005): $166,000 + $299,000 + $83,000 + 73,000 + Laura Hurd's salary + Paul Hurd's salary = a cool million.

Cool Hand Luke?

Don't forget Gigi and Don and Claire and Ken, given that we're talking family here...

[Anonymous]

Cool Hand Luke?

Very good, Ursus. A recognizable brand of humor, or sarcasm, as the case may be?