Tag: Metro United Way

The Speed Museum’s new tax return reveals CEO d’Humières’s annual pay ($300K), and a larger window on non-profit finances

By Jim Hopkins
Boulevard Publisher

The Speed Museum is paying CEO Ghislain d’Humières more than $300,000 a year, according to its latest IRS tax return, the first public disclosure of the annual compensation paid to the man hired to lead one of Louisville’s preeminent cultural institutions, after a top-to-bottom renovation completed this year.

Ghislain dhumieres
D’Humieres

D’Humières joined the museum in September 2013 to help oversee the $60 million renovation already underway; it was finished with its reopening in March after being closed more than three years. He came from the Fred Jones Jr. Museum of Art at the University of Oklahoma, where he also was the chief executive.

The tax return says he was paid $290,553 in salary and $18,105 in medical and retirement benefits to run the 91-year-old institution and next year’s $8.3 million budget.

D’Humières replaced Charles Venable, who in October 2012 left for the top job at the Indianapolis Museum of Art. He led the Speed for five years, and was paid $241,834 in salary and $19,250 in benefits during his last year there.

IRS tax returns filed by non-profits such as the Speed provide the fullest annual public accounting of their finances, including spending on payroll, marketing and other overhead as well as revenue from donations and investment income. The Speed’s is especially noteworthy because it’s one of the city’s most high-profile arts organizations, now under d’Humières.

Comparable pay elusive

A native of France, he holds a DEA in History and License of Art History from the University of Paris I Pantheon Sorbonne, and a Master of History from the University of Paris X Nanterre.

It’s difficult to find comparable compensation for Louisville executives in his position, partly because of his unusual academic credentials, but also because IRS tax returns often lag among the city’s handful of non-profits devoted to the arts.

Actors Theatre‘s highest-paid employee, Continue reading “The Speed Museum’s new tax return reveals CEO d’Humières’s annual pay ($300K), and a larger window on non-profit finances”

Metro United Way names Fischer aide Reno-Weber as new CEO of $27M chapter

Theresa Reno-Weber
Reno-Weber

Theresa Reno-Weber comes to the United Way’s Louisville area affiliate from Mayor Greg Fischer‘s officer, where her broad portfolio included a 200-person staff responsible for strategy, human resources, IT and other functions. She’s been Fischer’s Chief of Performance and Technology since 2012.

Her appointment as president and CEO is effective Jan. 1, United Way said in a press release today.

Reno-Weber is replacing Joe Tolan, who is retiring in December after 30 years, including the last 15 as chief executive. She was picked by a succession planning committee of current and former members of the board of directors.

Before the mayor’s office, Reno-Weber was a senior consultant for management advisory giant McKinsey & Co. from 2008-2012, according to her LinkedIn profile. She graduated from the Coast Guard Academy in 2000 with a bachelor’s in public policy and international relations. After working six years for the Coast Guard, she earned a master’s in public policy and international security at Harvard’s Kennedy School of Government in 2008.

Metro United Way’s budget was $26.6 million in the year ended April 30, 2015, vs. $28.1 million in the prior fiscal year, according to the most recent IRS tax return posted on its website. It had 94 employees, and reported $26.7 million in contributions for the period vs. $27.4 million in the prior fiscal year. Here’s its GuideStar page with previous IRS returns and other information.

Joe Tolan
Tolan
Tolan’s pay: $280K

The chapter didn’t disclose Reno-Weber’s compensation; we’ve asked for that information, and will update this post if we hear back. Tolan was paid $229,200 in salary plus $50,714 in other benefits in fiscal 2014, according to the IRS return. The other highest-paid employees were Gilbert Betz, chief strategic officer, $131,939 salary and $34,021 in benefits; and CFO Phillip Bond, $123,843 and $67,095. Here’s the staff roster.

United Way focuses on helping kids and families with basic needs such as childcare and after-school activities in seven counties Kentucky and southern Indiana counties: Jefferson, Bullitt, Oldham, Shelby, Clark, Floyd and Harrison. Here’s the list of agencies it funds; read more in its annual report.

The selection committee’s members were board chair Jane C. Morreau; James Abruzzo, J. Barry Barker, Joseph Brown, Mary Gwynne Dougherty, Chris Hermann (chair elect), Mark Kristy, Tim Sanders (UAW and Central Labor Council), Justin M. Suer, and Vincent T. Walker. Here’s the current board of directors.