In a March 2009 article in the Herald News, Fall River Office of Economic Development (FROED) (legally incorporated as Jobs for Fall River, Inc.) president, Alan Amaral was asked about Fiola's salary. Amaral said the board has a legal contract and he’d release it with Fiola’s permission. Amaral said it is at least $100,000 and “is commensurate with his abilities and experience.”
Amaral's answer is scummy because FROED is a non-profit and as a result, Ken Fiola's salary is public record.
Without further ado:
KEN FIOLA'S SALARY
2005 $156,699.00 plus an additional $6,262 in deferred payments
2006 $155,209.00 plus an additional $6,217 in deferred payments
2007 $162,257.00 plus an additional $6,429 in deferred payments
Ken Fiola's Taunton counterpart earns approximately $70,000. That is $100,000.00 less then Fiola. To add further insult, Taunton is actually doing well so their money is well spent on their economic development director.
www.guidestar.org is a free service (you just need to set up an account and password) that offers information on non-profits. FROED's IRS 990's are available on that site. The 990's indicate where FROED's money is spent, salaries, director information, and much more - check it out.