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Executive Compensation of the Most Highly Compensated at Advent Health (2022)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with more than 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.

This post looks at the executive compensation at Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to all the subsidiaries so the primary source of income is from the related/affiliated organizations.  It is important to note there are dozens of other related and affiliated non-profits and for profit organizations  related to AdventHealth that are not covered in this post.

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Executive Compensation at Kaiser Health (2022)

Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12.5 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 40 hospitals, more than 600 medical offices, and about 236,000 employees, Kaiser Health is considered one of the leaders in the industry.

Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization).

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Executive Compensation at the International Fellowship of Christians and Jews (2022)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews.”

There are 7 independent voting members (directors) of the governing body, although 8 are listed on the most recent Form 990 (2022) with 1 director, Keith Frankel related, which appears to be due to timing differences. 7 of the 8 directors listed are male while 1 is female (note:  the Form 990 does not report gender; determinations were made based on name and google searches).

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Executive Compensation at the NRA (2022)

The National Rifle Association of America (NRA) is a non-profit 501 (c) (4) organization or what many people refer to as an membership advocacy organization that fights tirelessly for our second amendment rights and pays their executives very well while also paying for first class or charter travel.

The most recent IRS Form 990 (2022) reports the organization employed 507 individuals (compared to 521 in 2021, 640 in 2020 and 770 in 2019) who were compensated nearly $48 million, which equates to an average compensation of nearly $95,000. 119 employees (compared to 92 in 2021, 107 employees in 2020 and 149 employees in 2019) received more than $100,000 in compensation while the 16 most highly compensated key executives received nearly $8 million in 2022:

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Executive Compensation at Goodwill (2022)

Goodwill Industries was established in 1902 and is widely known across the country as the place where we all donate clothing and household goods to help others. There are 155 Goodwill Industries autonomous organizations and more than 4,200 retail stores in the US and 12 countries that generated an estimated $7 billion in revenue in 2022.

Goodwill Industries International, Inc is the executive member association organization that provides oversight, support, expertise, and products to local agencies (each local agency/organization is a separate 501 (c) (3) that operates independently and pays membership dues to support Goodwill Industries International, Inc.).

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10
Feb

Executive Compensation at Harvard Management (2024)

Harvard Management Company (Harvard Management) provides investment management services to Harvard, a private university with more than $60 billion in net assets.  Consequently, revenue comes from Harvard and affiliates to pay the expenses associated with operating Harvard Management (most of which is compensation and fees for outside services).

To manage these assets, Harvard Management has 113 employees who received $89 million in compensation which equates to an average compensation of $800,000.  However, only 100 employees received more than $100,000 in compensation with 13 of the most highly compensated reported to be: Read more »

8
Feb

19 Employees at Harvard Take Home $75 Million

19 of the most highly compensated employees at Harvard, in 2024 received $75 million in compensation from 2019-2024 (note: highly compensated employees in any of the years 2019-2023 but not in 2024 are not listed below; including Katherine Lapp who received $6 million from 2019-2023): Read more »

6
Feb

Executive Compensation at Harvard (2024)

Harvard is a private teaching and research university with an acceptance rate at about 3% of applicants.  Located in Boston, Massachusetts, Harvard has about 25,000 students (both undergraduate and graduate students). The annual tuition, room, board, and fees is about $95,000 which means a 4-year degree is about $380,000.

There are 13 voting members (Fellows) of the governing body, 10 of whom are independent – although 14 are listed on the Form 990:   6 of the 14 (43%) are male while 8 of the 14 (57%) are female. Read more »

4
Feb

18 Executives at Harvard Pilgrim Health Take Home $67 Million in Compensation

18 employees of Point32Health Services, Inc. – part of the Harvard Pilgrim Health system (Pilgrim Health) that has 6 related tax-exempt organizations, 6 related organizations taxable as a partnership, and 12 related organizations taxable as a corporation or partnership – received $100 million in compensation from 2021-2024 (note:  highly compensated employees in any of the year 2020-2023 but not in 2024 are not included; for example, Michael Carson, the former President who left in 2021 received $10 million from 2020-2023 but no compensation in 2024 so he is not included below): Read more »

2
Feb

Executive Compensation at Harvard Pilgrim Health (2024)

Harvard Pilgrim Health is often referred to as “Pilgrim Health,” a tax-exempt non-profit company that provides health insurance plans in the New England area as part of the Point32Health organization (which was formed when Harvard Pilgrim Health and Tufts Health Plan merged in 2021).  It is important to point out Pilgrim Health has 6 related tax-exempt organizations, 6 related organizations taxable as a partnership, and 12 related organizations taxable as a corporation or partnership. Collectively, the entire network serves approximately 2 million people with about 1 million associated with Pilgrim Health and 1 million with Tufts Health plan. Read more »

31
Jan

Executive Compensation at Harvard Pilgrim Health (2023)

Harvard Pilgrim Health is often referred to as “Pilgrim Health,” a tax-exempt non-profit company that provides health insurance plans in the New England area as part of the Point32Health organization (which was formed when Harvard Pilgrim Health and Tufts Health Plan merged in 2021).  It is important to point out Pilgrim Health has 6 related tax-exempt organizations, 6 related organizations taxable as a partnership, and 12 related organizations taxable as a corporation or partnership. Collectively, the entire network serves approximately 2 million people with about 1 million associated with Pilgrim Health and 1 million with Tufts Health plan. Read more »

29
Jan

Executive Compensation at the International Fellowship of Christians and Jews (2024)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews,” although it is unclear how bridges are being built when nearly every grant dollar is awarded to a Jewish organization.

There are 8 independent voting members (directors) of the governing body; 6 of the 8 directors listed are male while 2 are female (note: the Form 990 does not report gender; determinations were made based on name and google searches). Read more »

27
Jan

Where Does $100 to the International Fellowship of Christians and Jews Go (2024)?

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews”  (note:  it is unclear how bridges between Christians and Jews are being built since most grants are are made to Jewish and Israeli organizations.

How is revenue spent at IFCJ?  The short answer is that 48% is spent on grants to Jewish organizations – in the US and in Israel – while about 38% is spent on fundraising, printing and postage, television and radio airtime, staff compensation, fees for services, office-related expenses, and travel,, with the remaining (14%) put into savings.  For more detail, read on. Read more »

25
Jan

10 Employees at NPR Took Home $20 Million in Compensation

10 of the most highly compensated employees of NPR (a non-profit, tax-exempt 501 (c) (3) organization headquartered in Washington, DC,  that serves as a national syndicator to about 1,100 public radio stations through its member organizations (246) and member stations (about 1,000), and strives to keep the public informed of events, ideas, and cultures through its programming) in 2024 received $20 million in compensation from 2020-2024 (note:  highly compensated employees in any of the years 2020-2023 but not in 2024 are not included): Read more »

23
Jan

Executive Compensation at NPR (2024)

NPR (National Public Radio) is a non-profit, tax-exempt 501 (c) (3) organization that serves as a national syndicator to nearly 1,100 public radio stations through its 246 member organizations that operate more than 1,000 associated public radio stations. Headquartered in Washington, DC, NPR strives to keep the public informed of events, ideas, and cultures through its programming.

In 2024, NPR raised $325 million (compared to $302 million in 2023 and $306 million in 2022), primarily from program services  and contributions, gifts, and grants. Expenses totaled $307 million (not including $8 million in depreciation) with the largest expense being compensation. 1,383 employees were compensated $186 million, which equates to an average compensation of $134,000. However, only 741 employees (54% of total employees) received more than $100,000. Read more »

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