Nonprofits file a 990 tax return with the IRS. The 2019 is the latest one publicly available for NRA. Two disclosures on it are astonishing and something the NY Attorney General will likely use against NRA, as further proof that the board of directors are sheep unable to face Wayne LaPIerre’s clique.
In it (1) LaPierre admits that he received $299,000 in “excess benefits.” That’s a tax term, can mean just he was overpaid. But the return explains these were the travel expenses he improperly billed to NRA, meaning all the vacation travel. This he repaid. The NY Attorney General will probably argue that this is more like “embezzlement” than being overpaid. And (2) the 990 also shows that (in addition to his $1.2 million salary, the board voted him a $455,000 bonus! The NY Attorney General will be able to argue that he got caught in embezzlement, and the board not only didn’t punish or investigate, they handed him a nearly half-million bonus from the nonprofit’s funds! That’s about 10,000 annual members’ dues for the year.