This is not directly related to the 2008 election but perhaps it should be (perhaps it will be after all this comes out).  (Cross-posted at MyManMitt.com) 

Lots of news making the rounds right now about John Murtha’s earmarks. One familiar recipient is CTC (Concurrent Technologies Corporation). “Corporation” is a bit of a misnomer since CTC is a 501(c)(3) Public Charity.

Knowing something about non-profits I decided to do a little sleuthing.

First, some information on CTC itself:

• Ruling year: 1989
• Assets: $75,491,552
• Income: $243,960,365
• No. of employees: not available
• NTEE Code (categorization code for non-profits): U40 - Engineering and Technology Research

Next Officers, Directors, Trustees, and Key Employees: Fiscal Year Ending June 30, 2006

Mission

Improvement of the nation’s industrial competitiveness through the effective development and transfer of leading-edge technologies

Programs

Concurrent Technologies Corporation (CTC) is a national resource committed to assisting industry and government achieve world-class competitiveness CTC is an applied research and development professional services organization that provides management and technology-based solutions to a wide array of clients representing state and federal government as well as the private sector.

Can anyone interpret that for me?

Now, here’s the kicker:

In short, you the taxpayer gave almost a quarter of a billion dollars to CTC, a non-profit entity, to fund massive salaries for an organization that has a fuzzy mission and now a fuzzier future thanks to Murtha.

Is there some back scratching going on as CBS alleges? Why yes.

• Daniel R DeVos - CEO, gave $1000 to Murtha 3/2/2007 and $1000 on 8/28/2007
• Edward Sheehan - CFO, gave $1000 to Murtha 3/9/2007 and $1300 10/26/2007
• Frank Cooper - VP, gave $1000 to Murtha 3/28/2007 and $200 8/30/2007
• DiVirgilio - Treasurer gave $1000 to the DCCC

The list goes on and on. More to come…