Many association leaders received double-digit pay increases and million-dollar payouts in 2006, often in addition to sizeable salaries for leading industry trade groups, according to the newest tax records. The latest Form 990s released by the IRS show million-dollar pay bundles from deferred compensation plans paid out to retired and current trade group leaders. It’s not the typical payday most would expect of a leader in a tax-exempt organization, but the seven-figure payouts have become typical of trade association leaders of large, prominent industries. C. Manley Molpus, who retired as CEO of the Grocery Manufacturers Association last year, is among the top earners… Read More