Showing posts with label clergy compensation. Show all posts
Showing posts with label clergy compensation. Show all posts

Thursday, July 23, 2020

See for Yourself: Here’s What Became of Grace Church’s $1.2 Million Investment

As readers may recall, my calculations show that the cost to Grace Church of buying the Pampered Prince of Perjury Bob Malm a personal residence exceeded $1.2 million. This included destruction of the existing rectory, which did not meet the exacting standards Bob established for a residence for His Holiness. Keep in mind that this figure included the $100,000 bonus the church paid perjuring priest Bob Malm in 2014 so he wouldn’t be upside down in his loan. That at a time when church financials were a shambles, there was a hoarder as parish administrator, and the church faced the near-term need to spend more than $1 million to keep the HVAC on in the complex.

So, as we approach the 2020 pledge season, it’s a great time to take a renewed look at that transaction. Specifically, what did that money get Grace Church?

A quick look at some recent photos of Perjury Place, the former residence of His Holiness, the Pampered Prince of Perjury, speaks volumes. As I predicted, deferred maintenance on the home left the place in tear-down condition, while the massive cracks in the foundation and other settling — not uncommon in hillside homes — spelled future problems.

Grace Episcopal Alexandria

Grace Episcopal Alexandria

Grace Episcopal Alexandria


Ironically, one of the few things that remain are the outside hand railings I installed following perjuring priest Bob Malm’s 2014 accident. In order to make that happen, I personally guaranteed payment on the project, since the vestry wanted to get involved, which would have delayed the matter interminably at a time where this was an urgent need. Moreover, given perjuring priest Bob Malm’s propensity for private schools, cosmetic procedures, dining out, and month-long trips to the beach every year, there was concern on multiple fronts that perjuring priest Bob Malm would not be good for the funds. (That proved not to be the case, thanks to the more than $24,000 purse the church took up for perjuring priest Bob Malm following his accident.)

When confronted with a large purse, the secret is to have the appropriate means to get it to the bank.
This subtle piece by Balenciaga is ideal.
All I can say is that any church that can pay a $100,000 bonus to a priest who can’t even be bothered to ensure that financial reports are accurate obviously has more money than it needs. It surely doesn’t need your funds, and I doubt it would take mine. So do yourself a favor amidst the pandemic and save your money. Heaven knows it’s going to be a rough fall when the annual influenza season ramps up and adds to the misery and suffering of a surging COVID-19 pandemic.

Friday, November 8, 2019

It’s Pledge Season at Grace Church — Please Give Generously!

We depend on your generosity to pay those $100,000 clergy bonuses! Doesn’t your rector deserve a month on the beach every year? Please give generously!


Friday, January 11, 2019

More on Bob Malm’s 2014 Bonus

By the way, when one contemplates the wisdom of paying Bob Malm a $100,000 bonus in 2014, especially in light of the church’s failure to plan for the replacement of the school’s HVAC system, it’s important to know that there were vestry members who wanted to give Bob the full $200,000. That’s right, folks, there were vestry members with so little financial common sense that they wanted to give away $200,000 of the church’s funds.

This includes Lisa Medley, whom Bob Malm later asked to serve as senior warden.

So, when Bob pulls his usual trick at the upcoming parish meeting of taking zero responsibility for the hot mess that is Grace Church, just remember: Bob appoints the executive committee. Thus, he is responsible for both its direction and its decisions. And members of St. Dysfunction have a right — and I submit, an obligation — to ask some tough questions.

All of this is donated money, and interest on donated money. Donated money should not be used to pay $100,000 bonuses. If Bob wants a bonus of that magnitude, he should get a high-level corporate position, rather than working for a non-profit church.

Saturday, January 5, 2019

Bob Malm’s 2014 Bonus Was 10 Percent of Annual Revenue

And that’s on top of the $25,000 parishioners donated to help Bob and his family after his accident. 




Before You Pledge, Know This: 1 out of Every 5 Dollars Goes to Bob Malm




As you consider pledging in 2019, it may be helpful to look at Bob Malm’s compensation in light of the church’s overall financial condition. Here is a quick summary of Bob Malm — by the numbers.
  • Compensation as part of total parish annual budget
    • Total church annual budget: ~ $1 million
    • Total Bob Malm compensation, including indirects: ~ $200,000
    • Percentage of church revenue devoted to Bob Malm compensation: ~20%, or 
1 out of every 5 dollars goes to Bob Malm!
  • Highest paid bishop on presiding bishop’s staff annual income, including housing, per DFMS annual financial report:
    • $166,519
    • Bob Malm annual compensation: Higher!




  • Annual compensation versus local average
    • Alexandria mean annual family income per CityData: $89,200
    • Bob Malm annual income: Almost twice this number
  • Annual leave
    • Average annual leave for employees with 20+ years’ experience, nationally: 20 days (16 days actually used)
    • Average annual leave for Bob Malm: 35+ days (all used) (does not include sabbatical)
  • Average annual bonus
    • Average annual bonus per Monster: $1,797
    • Bob Malm average annual bonus, based on $100,000 bonus paid in 2014: $3,333
  • Average Alexandria home value:
    • $476,900 per US Census Bureau
    • Bob Malm home value: $734,263 per Zillow (note that this number is probably high due to deferred maintenance on Bob’s home, lack of improvements)
Keep in mind, too, that Bob’s almost $200K in annual income is not the same as your $200K, or my $200k. 

Why is that? 

It’s because federal tax law treats Bob’s housing allowance AND his mortgage as both deductible. When this double dip is factored in, Bob’s putative compensation is well north of $200K.

So, before you give sacrificially, consider this: 1 out of every 5 dollars you give does NOTHING to fund the church, but instead subsidizes Bob Malm. And even as the church’s financial position continues to deteriorate, Bob gets paid no matter what. Ministries may lose funding, but by gummy, the gravy train and the good life continue for Bob Malm, even though church governance has been a train wreck for much of his time with the church.

Caveat emptor.