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David L. Ryan/Globe Staff
The president of the National Graduate School of Quality Management lives in a six-bedroom house at the school's Falmouth campus.
The school's 400 students attend classes at off-site facilities across the country, not at the $3.25 million waterfront compound.
The school focuses on a particular field of business management.
School president Robert J. Gee made $732,891 in compensation two years ago, comparable to the salary of the president of Tufts University.
For years, the school’s revenues have financed a lavish lifestyle for Gee and for his wife, who has been paid at least $100,000 a year since 2003.
In 2009, the school purchased new Mercedes-Benz cars for Gee and his wife at a cost of $130,638 - about 2% of the school's revenues that year.
Gee said the Falmouth compound was never intended to be his residence.
Gee bought the compound in 2009 after the Massachusetts Development Finance Agency authorized $2.64 million in low-interest bonds.
Gee said his $732,891 compensation was justified in part because he was the school’s founder.
The campus has spectacular views of Martha's Vineyard.
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