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31
Dec

Executive Compensation at the Grocery Manufacturers Association (GMA)

The Grocery Manufacturers Association (GMA) is a a trade organization representing more than 200 of the leading food companies that manufacture and market branded and private label food and consumer packaged goods through retail, wholesale and foodservice channels of distribution. Based in Arlington, Virginia, the GMA is a non-profit 501 (c) (6) – a business association – and thus, tax-exempt. In addition, GMA has a Foundation (GMA Science and Education Foundation) and a PAC (GMA Political Action Committee) operating out of the same office location. Read more »

29
Dec

How Membership Dues are Spent at the Kansas Livestock Association (KLA)

The Kansas Livestock Association (KLA) is a non-profit 501 (c) (5) – an agricultural, horticultural, or labor organization. As such, revenue is supposed to be derived primarily through membership dues which are based on the number of cattle ($120:  less than 100 head; $370:  up to 500 head; $620: up to 1,000 head, etc). Although these dues are not tax deductible at the federal level, the organization reports that 92% of the dues – the portion not directly allocated to lobbying – are deductible as a business expense. Read more »

27
Dec

Where Does $100 to RIP Medical Debt Go?

Most recently, the national news has given quite a bit of airtime to a non-profit known as RIP Medical Debt, calling the organization out for doing good deeds like paying off medical bills for people unable to settle these debts. Seems RIP Medical Debt has been acquiring bad debt (debt sent to collection agencies) for pennies and paying off that debt thereby erasing a person’s obligation to pay accumulated medical bills.

Established in 2014 by two former debt collection executives, RIP Medical Debt was created to collect donations to buy large bundles of medical debt and then forgive that debt with no tax consequences (although the donor making the donation to RIP Medical Debt gets the deduction). Read more »

25
Dec

The Christmas of ’51

Several years ago, I posted a story about the Christmas holidays and the Christmas of 1951, when my husband was 4 years old. It’s a story worth reposting because its message conveys the real meaning of the holidays:  being with the ones you love. Read more »

23
Dec

Where Does Donations to the Center for Consumer Freedom Go?

The Center for Consumer Freedom (CCF) was established in 2002 but changed its name to the Center for Organizational Research and Education (CORE) in 2014, but still uses both names.

Founded by Richard Berman, founder, principal and president of Berman and Company, a Washington, DC-based firm “specializing in research, communications, and creative advertising” reportedly for the fast food, soft drink, alcohol, restaurant and meat industries, CCF/CORE is a non-profit 501 (c) (3) who runs media campaigns against organizations whose doctors, scientists, environmentalists, health activists, animal activists, and employees who report and advocate information to the consumer. Although CCF/CORE reports the organization is leading the charge to protect personal freedoms, a closer look at the finances of CCF/CORE reveals that the primary person that benefits from donations to this organization is, in fact, Richard Berman. Read more »

21
Dec

Understanding the American Medical Association (AMA)

The American Medical Association is a non-profit 501 (c) (6) – a professional association – based in Chicago, Illinois with about 215,000 members who pay about $400 annually (although medical students and residents are exempt from annual fees).

The AMA raises about $300 million annually and spends half its revenue on staff compensation for the nearly 1,100 employees.  With a $560 million net fund balance (or what some people refer to as an endowment), the AMA is in a strong financial position.

Although the AMA publishes the Journal of the American Medical Association (JAMA), the primary income stream is from royalties the organization receives for establishing, maintaining, and allowing doctors, practices, groups, hospitals, and payers (i.e. insurance companies, Medicare, Medicaid, etc) to use it’s CPT (Current Procedural Terminology) Codes system.  Membership dues only provide about 12% of revenue annually. Read more »

19
Dec

Where Does $100 to Samaritan’s Purse Go (2018)?

Samaritan’s Purse – based out of Boone, North Carolina – is a non-profit 501 (c) (3) established in 1970 by Bob Pierce who died in 1978. W. Franklin Graham (son of Billy Graham) became Chairman, President, and CEO of Samaritan’s Purse in 1979 and has held the position since although he is also an evangelist for the Billy Graham Evangelistic Association.

Samaritan’s Purse is a nondenominational Christian organization that provides “spiritual and physical aid to hurting people around the world.” Read more »

17
Dec

Executive Compensation at Samaritan’s Purse (2018)

Samaritan’s Purse is an evangelical Christian organization that provides “spiritual and physical aid” to people around the world. Governed by 18 board members (16 males and 2 females), Samaritan’s Purse is well known for their shoe box gifts (a shoe box filled with toys, school supplies, crafts, hygiene products) which accounts for the majority of “grants” ($225 million out of $294 million in 2018) to children in foreign countries. To deliver these gifts and perform evangelism and other relief programs, Samaritan’s Purse provides charter travel via the use of ministry owned aircraft (15) in North Carolina, Alaska, Puerto Rico, Antigua, Kenya, and Liberia, and private charters. Read more »

15
Dec

Where Does $100 to Big Brothers Big Sisters Go (2018)?

Big Brothers Big Sisters includes more than 250 non-profit organizations nationwide:

  • The national office:  Big Brothers Big Sisters of America (BBBSA)
  • The foundation:  Big Brothers Big Sisters Foundation (BBBAF)
  • The affiliates: 250 local affiliate offices

BBBSA is the largest of the Big Brothers Big Sisters organizations (in terms of revenue raised) so the focus of this post will be on the national office and how they spent revenue in 2018 (but don’t hesitate to read the Form 990 for your local affiliate to find out how they spent revenue).

It is important to note that if a contribution was given to the national office, the revenue was spent differently than if given to a local office because at the national level, revenue was basically spent three ways: supporting the national organization’s staff and overhead including fundraising, providing grants, and providing education and support to the affiliates. The provision of grants is not the local affiliates’ mission; instead, the local affiliate is the receiver of grants which are used to provide program services at the local level. Read more »

13
Dec

Where Does $100 to Big Dog Ranch Rescue Go?

Big Dog Ranch Rescue (BDRR) is a non-profit 501 (c) (3) whose mission is to “provide shelter, care and affection to homeless dogs of all breeds and adopt them out to loving homes.” In addition, the Loxahatchee Groves, Florida-based organization provides education and community outreach about dog care and the importance of spaying and neutering. BDRR is the largest no-kill 33-acre cage-free rescue in the southeast United States with an annual goal of saving 5,000 dogs a year. Read more »