MSNBC host Rev. Al Sharpton is yet again facing new criticism amid a report that revealed he awarded himself nearly $1 million in bonuses through his tax-exempt nonprofit, the National Action Network (NAN).
According to Fox News, Sharpton reported several compensation bonuses within his nonprofit that at times exceeded his base salary as evident in the non-profit’s tax filings.
In 2016, he paid himself $437,355 for “bonus & incentive compensation,” far more than his annual salary of $250,000. This practice seemingly began in 2014 when he granted himself $64,000.
In 2018, Sharpton received a bonus of $159,596, in addition to his $324,000 salary for that year. He also listed $563,352 in “other reportable compensation” that same year.
In 2021, he awarded himself a $278,503 bonus on top of his $348,174 salary, which amounted to 80 percent of his base pay. Over just seven years, Sharpton pocketed $940,053 in so-called compensation and bonuses.
It is not immediately clear whether such bonus practices are typical in other nonprofits. It is also unclear how often the IRS scrutinizes these generous bonuses.
Best yet,
He has not paid back taxes yet 🙄
He’s nothing but a low life crook!
Did he report this 1 million dollars and pay all the taxes on it too?
I think not
Oh sure he did! LOLOLOL