NRA’s 2018 Form 990 For Reference

I have embedded the NRA’s most recent Form 990 below for reference. I received a copy of it today. It also has the New York State CHAR500 and other financial tables appended. It totals a bit over 100 pages.

I will be referring back to this page over the next few days as I dig into the Form 990.

NRA-2018-990 by jpr9954 on Scribd

“His contributions to the NRA have been transformative.”

“Wayne LaPierre’s compensation reflects his enormous contributions to our members and the freedoms for which they fight,” NRA President Carolyn Meadows said in a statement. “His contributions to the NRA have been transformative.”

The statement from Mrs. Meadows come in response to reports in the Wall Street Journal, the New York Times, and the Washington Post about Wayne LaPierre’s reported compensation in 2018. This comes from the not-yet public Form 990. That form is a financial report that all not-for-profits must file with the Internal Revenue Service annually.

The AP reports:

According to the filings, known as 990s, longtime NRA CEO Wayne LaPierre’s total compensation rose to more than $2 million. His base salary went from $1.17 million to $1.27 million, he received a bonus of about $455,000, and he got about $366,000 from a deferred compensation plan, according to the documents cited in media reports.

The story from the Wall Street Journal notes that revenues rose 13% while expenses rose 7% for the year. It also noted that Brewer, Attorneys and Counselors, was paid $13.8 million in legal fees making it that third-largest NRA vendor. The largest vendor for 2018 was, as may be expected, Ackerman McQueen.

Ackerman was the largest outside vendor, having been paid $32 million, plus $6.3 million for out-of-pocket expenses, including media buys and “reimbursement of travel and business expenses.”

Given past reports regarding LaPierre’s use of AckMac to disguise his actual spending, I wonder how much of the reimbursement was for his personal expenses.

In addition to the reports on LaPierre’s compensation was this note in the Washington Post on the monies spent by NRA-ILA.

Spending by the political arm of the NRA dropped from $47.1 million in 2014 to $32.51 million in 2018, the filings show. That was the midterm election in which Democrats took over the House and gun-control groups outspent the gun lobby for the first time.

That is very concerning. The monies spent – or in my opinion, wasted – on Brewer, Attorneys and Counselors, could have been used to support the campaigns of pro-gun candidates.

I will be requesting a copy of the 2018 Form 990 from the NRA Secretary’s Office. I have a feeling that it will contain many more unwelcome revelations.

As to the comment from Mrs. Meadows with which I started this post, I agree with her last sentence. LaPierre has been transformative for the NRA. However, if the last few years are any indication, it is not in the way that Meadows means or that you and I would want.

NOTE: If any of my readers has a copy of the 2018 Form 990 or a link to it, please send to me at jpr9954 AT gmail DOT com.

A Must Read

Sebastian at Shall Not Be Questioned has a blog post up analyzing the finances of the gun prohibitionists. The Form 990s have been posted and he has dug into them. They definitely had an influx of cash post-Newtown.

However, he ends with this:

Because in 2012, NRA’s revenues went from 219MM to 256MM, and in 2013 they went to $348MM. Get that? Between 2011 and 2013, NRA’s revenue increased by 129MM. That’smore than 3x the amount of every other gun control group’s revenue increase from 2011 to 2013 combined. And that’s just NRA proper. The NRA Foundation went from 29MM to 43MM from 2011 to 2012, then dropping slightly to 41MM in 2013, I suspect because people wanted to donate to the political arm since that’s where the threats were coming from.
The President’s and Bloomberg ginning up of gun control post-Sandy Hook has made NRA much stronger proportionally than the gun control movement. That’s because of people out there like you.

We are doing a lot better than the media would credit us with but we can still do better. This is a fight where we can’t slack off because our opponents and their media lapdogs certainly won’t.