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A Call for Transparency

SVPanther

Redshirt
Sep 12, 2016
514
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Silicon Valley, CA
Why doesn't Pitt report coaches salaries? It's a Public University for crissakes! Same with the income statement for the athletic department? Don't you want to know? I do.
 
Why doesn't Pitt report coaches salaries? It's a Public University for crissakes! Same with the income statement for the athletic department? Don't you want to know? I do.
No - You should be ashamed of yourself for rooting for Pitt's demise in athletics. You said you hope Pitt drops down to D2 or D3. Pitt should strive for excellence in academics and athletics.
 
I would like to know, since almost every other fbs program does, but I don't blame them for not reporting it.
 
No - You should be ashamed of yourself for rooting for Pitt's demise in athletics. You said you hope Pitt drops down to D2 or D3. Pitt should strive for excellence in academics and athletics.

So, as, presumably, a tax payer and/or Alum, you believe the public interest is best served by not knowing? Really?
 
I'm a proud Pitt Alum and donor. My son has been admitted to Pitt Honors College and is in the running for a Chancellor's Scholarship. So yes, we do have an interest.
You want to tear down the athletic department, and make it D2 or D3 for sports. Why are you on this board?
 
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Pitt does release the salaries of the highest paid employees of the University. That list always includes the head football coach and the head basketball coach, and the last time the list was released (last May) it also included the women's head basketball coach.
 
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Where?
Pitt does release the salaries of the highest paid employees of the University. That list always includes the head football coach and the head basketball coach, and the last time the list was released (last May) it also included the women's head basketball coach.

Where? And where can I find the income statement of the Athletic Dept?
 
From 2014

 
Pitt is "state-related"; a rare hybrid where it is a privately goverened and privately owned university that receives public support in return for offering in-state tuition discounts and minority board representation (1/3rd) by state appointees. It is not subject to reporting rules that force most traditional publicly goverened and publicly owned schools to release the salaries of every single employee, and that is a big advantage to Pitt (and other privately governed schools) because it makes talent less easy to poach.

Not to mention, Pitt employees are not state employees nor are they considered to be public employees.

Pitt is almost always referred to as a "public" school because the Carnegie Classifications, a data source that is nearly universally used by third parties, has only two categories: public or private. Pitt is placed in "public" because of its in-state tuition discounts.

However, as a nonprofit, Pitt is subject to reporting rules that mandate the release of the salaries of its top officers and employees, and these always include the major sports coaches. These are publicly available on their IRS form 990s and are also annually published by the University Times.

A boatload of financial information is also publicaly available in their audited financial reports and state mandated Snyder Reports that track all sorts of financial and collective employee information, including every external transaction over $1000. Pitt is MUCH more transparant than any traditional private school but without having to do such things as releasing all of their employees' personal salaries, which it should never do.
 
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Dear ___________(Director of the Honors College)
I am a proud Pitt Alum and donor. My son (Insert name here) is a member of the Pitt Honors College and a candidate for a Chancellor's Scholarship. It recently came to my attention that I have not been informed of the salaries of all the employees at Pitt. My son and I are outraged! I have researched the matter on the Panther-lair and, sadly, received no satisfactory response from them.
Please provide me with salaries of the named employees contained on the enclosure, otherwise I will cease being a proud Alum and most certainly a donor. Further, please remove my son's name from consideration of the Chancellor's Scholarship until I am certain of his salary for the upcoming semester.

Sincerely Yours

SV


Please feel free to proof read the above letter, make necessary corrections, and us it as your own.
 
Why doesn't Pitt report coaches salaries? It's a Public University for crissakes! Same with the income statement for the athletic department? Don't you want to know? I do.
There is a disclosure of all top compensation every year. The Pitt CFO maintains the disclosure here--

http://www.cfo.pitt.edu/disclosure.html

I'm not sure if any of the coaches have significant outside income.
 
Enlighten me. What are the differences between the reporting requirements between the two? In any event, don't you want to know?
Really? Pitt receives about 3% or so of its budget from state tax dollars and is not owned or operated by the state. It has minimal representation on its board with state appointees and has no obligation to publish salaries other than the most highly compensated employees. Pretty simple...and similar to PSU and Temple.
 
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Why doesn't Pitt report coaches salaries? It's a Public University for crissakes! Same with the income statement for the athletic department? Don't you want to know? I do.
A. It is NOT a public university.

B. Our coaches salaries are not paid with tax dollars.

C. You have no right to know their incomes

D. You are on the record as wanting Pitt to drop to Div II or Div III. Your opinion is worthless.
 
So, Dixon was paid $2,341,000? Not the previous $3 million?
That is the total amount of compensation disbursed by Pitt to Dixon in fiscal year 2015. He may have received outside income, which Pitt has no obligation to disclose (or possibility of accounting); however, industry analysts may have access to that information or ability to estimate it. Those folks would suggest whatever he gets as the Pitt head coach (paid by Pitt or otherwise) would be "Dixon's compensation"--perhaps the $3.0 million. Also, there are things like deferred compensation that could be accumulating and not yet disbursed.

This is what Pitt has to disclose on its IRS 990 as a non-profit institution. They would have to disclose "other benefits"--for example, if Pitt owned a private jet and let Dixon use it for personal trips.

I'm not sure why the 2014 was $700,000 higher than 2015.
 
That is the total amount of compensation disbursed by Pitt to Dixon in fiscal year 2015. He may have received outside income, which Pitt has no obligation to disclose (or possibility of accounting); however, industry analysts may have access to that information or ability to estimate it. Those folks would suggest whatever he gets as the Pitt head coach (paid by Pitt or otherwise) would be "Dixon's compensation"--perhaps the $3.0 million. Also, there are things like deferred compensation that could be accumulating and not yet disbursed.

This is what Pitt has to disclose on its IRS 990 as a non-profit institution. They would have to disclose "other benefits"--for example, if Pitt owned a private jet and let Dixon use it for personal trips.

I'm not sure why the 2014 was $700,000 higher than 2015.
Deferred comp & bonuses.
 
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