Saturday, December 1, 2012

Salaries Mean High Costs for Seminary Students


This does not meet the high standards of Paul McCain:
it's not stolen from The Catholic Encyclopedia!
No Call Paul's latest plagiarism - Santa Lucia.


McCain rec'd a $21,082 mega-raise between 2008 and 2010, so his current compensation in 2012 may be much higher. Likewise, Kintz rec'd a $23,471 mega-raise, and Schultz a $36,700 mega-raise. That's $81,253 total in mega-raises right during the Great Recession when too many LCMS members to count are collecting unemployment, and having their houses foreclosed on to boot!

By synod resolution in 2010, a committee studying what makes the CUS and seminaries so expensive is to report during the 2013 convention. It's already includes a salary study.  I hope they include CPH salaries, since buying books from CPH drives up student costs, and that cost is factored into what sized student loans can be taken out. Also, it affects doctrine and practice, since students know they can buy three or four Reformed books for the cost of one of CPH's supposedly Lutheran books:

CPH 2010 990 Form, Part II, p. 2:

Kintz: 257,095
Schultz: 242,427
McCain: 186,054
Total: $685,576

CPH 2008 990 Form, Part II, p. 2:

Kintz: 233,624
Schultz: 205,727
McCain: 164,972
Total: $604,323
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A note of explanation concerning one of the line items in the 990 Form that may cause confusion: Column F "Compensation reported in prior form 990 or Form 990-EZ" can't
be used for year-to-year comparisons because it comes from the W2 and includes deferred compensation:

excerpt: Consider another example:  Schedule J, Part II – Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees, Column F.  This column heading reads “Compensation reported in prior Form 990 or Form 990-EZ.”  If taken at face value, one would probably report compensation as reflected from the prior year Form 990, but this column was intended to report total compensation included in an individual’s current W-2 that was previously reported on Form 990 as deferred compensation.

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narrow-minded has left a new comment on your post "Salaries Mean High Costs for Seminary Students":

Playing "The 8/18 Card" while blogging on company time for a six-figure salary: Priceless.

From Luther's large Catechism:

The Seventh Commandment.
222] Thou shalt not steal.

The same I say also of mechanics, workmen, and day-laborers, who all follow their wanton notions, and never know enough ways to overcharge people, while they are lazy and unfaithful in their work. All these are far worse than sneak-thieves, against whom we can guard with locks and bolts, or who, if apprehended, are treated in such a manner that they will not do the same again. But against these no one can guard, no one dare even look awry at them or accuse them of theft, so that one would ten times rather lose from his purse. For here are my neighbors, good friends, my own servants, from whom I expect good [every faithful and diligent service], who defraud me first of all.

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bruce-church (https://bruce-church.myopenid.com/) has left a new comment on your post "Salaries Mean High Costs for Seminary Students":

related posts:

The LCMS: Either Non-Prophet or Non-Profit. What Would No Call Paul and His Overpriced Boss Say?, Dec 1, 2012:

http://ichabodthegloryhasdeparted.blogspot.com/2012/12/the-lcms-either-non-prophet-or-non.html

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Answering Paul McCain's False Accusations. More Proof of His Deceptions and Slander. McCain Violated Wikipedia Conditions with His Fraudulent Copyright Notice, MONDAY, NOVEMBER 12, 2012:

http://ichabodthegloryhasdeparted.blogspot.com/2012/11/answering-paul-mccains-false.html