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22
Feb

Executive Compensation at the Pharmaceutical Research and Manufacturers of America (PhRMA)

The most powerful drug industry lobbying organization in the US is the Pharmaceutical Research and Manufacturers of America (PhRMA) – a non-profit tax-exempt (as if the for-profit pharmaceutical industry needs to pay less taxes) 501 (c) (6) – a professional association – that represents the interests of its members (34 according to the organization’s website) who paid about $400 million in membership dues in 2017 (out of $456 million in total revenue; the remaining revenue came primarily from meetings, sections, and studies). This means, each member paid an average of $12 million annually in membership dues to PhRMA. Read more »

20
Feb

L’Artisane Creative Bakery in Miami Beach

When I made the transition from a vegetarian to a plant-based diet, there were foods I never thought I would ever eat again. One of those foods was a croissant:  that exquisite French pastry known for its buttery layers of flaky baked dough, a crunchy exterior and a chewy melt-in-your-mouth interior.  Without butter, how could a croissant be a croissant? And, so I thought my croissant days were over. Read more »

18
Feb

Executive Compensation at the Leukemia and Lymphoma Society (2018)

The Leukemia and Lymphoma Society is a non-profit 501 (c) (3) based in Rye Brook, New York with 1,291 employees who received total compensation of $104 million, which equates to an average of $81,000 per individual. However, the IRS Form 990 (for the year ending June 30, 2018) reports that 187 individuals received more than $100,000 in compensation.

The most highly compensated individuals (12) were compensated $4.6 million (an average of $383,000 each): Read more »

16
Feb

Where Does $100 to the Leukemia and Lymphoma Society Go (2018)?

The Leukemia and Lymphoma Society (LLS) is a non-profit 501 (c) (3) whose mission is to “cure leukemia, lymphoma, Hodgkin’s Disease, and Myeloma, and improve the quality of life for patients and their families. To do this, LLS primarily focuses on three major programs:

  • Patient and Community Services
  • Research Programs
  • Public Health Education

According to the IRS Form 990 (2017) for the year beginning July 1, 2017 and ending June 30, 2018, the following key information was reported: Read more »

14
Feb

Why “Republicans” Are Voting for Sanders in State Primaries

The Republicans are lining up behind Donald Trump to nominate him as the presidential party candidate in November but rumor has it Pro-Trump Republicans are leaving their party in droves (not because they don’t want Trump but instead to ensure his victory) to register as Democrats in order to vote in closed primary elections (the 50 states have an open primary where registered voters may vote in any party primary regardless of party affiliation, a closed primary where registered voters may only vote in the party he or she is affiliated with or a hybrid of sorts). Read more »

12
Feb

Executive Compensation at Rensselaer Polytechnic Institute (2017)

Rensselaer Polytechnic Institute (RPI) is a private non-profit 501 (c) (3) college that specializes in engineering, technology, and the sciences. Located on 300 acres in Troy, New York, RPI also has two campuses in Connecticut – in Hartford and Groton. But, what also makes this institute well-known is its inclusion on lists of most highly compensated employees.

About 8,000 students (mostly undergraduate) attend RPI where annual tuition is about $54,000 plus about $20,000 for room and board bringing the total annual cost to $74,000. However, nearly 8,000 recipients received $187 million in non-cash tuition discounts (an average of $23,500). Read more »

10
Feb

How Donations are Spent at the American Council on Science and Health (ACSH)

The American Council on Science and Health (ACSH) sounds like a very important non-profit with all the key buzz words – American, Council, Science, and Health – in its name but in reality ACSH is a very small (raises about $1 million annually and has a $1 endowment) non-profit, tax-exempt 501 (c) (3) whose “mission is to ensure peer reviewed, evidence-based science reaches the public, the media, and the decision makers who determine public policy” except that they don’t according to some. Read more »

8
Feb

How Membership Dues are Spent at the National Education Association (NEA)

The National Education Association of the United States (NEA) is a non-profit tax-exempt 501 (c) (5) – a labor organization – that represents public school teachers, retired educators, and college students preparing to become teachers. The largest professional employee organization in the US, NEA has more than 3 million members (which is also about how many public school teachers there are in the US).

Based in Washington, DC, NEA reported total revenue of $374 million in 2017, most of which ($370 million) came from membership dues, which means the average membership dues were $123.

Expenses totaled $361 milloin and were categorized as follows: Read more »

6
Feb

Executive Compensation at the National Education Association (NEA)

The National Education Association of the United States (NEA) is a non-profit tax-exempt 501 (c) (5) – a labor organization – that represents public school teachers, retired educators, and college students preparing to become teachers. The largest professional employee organization in the US, NEA has more than 3 million members (which is also about how many public school teachers there are in the US).

Based in Washington, DC, NEA reported total revenue of $374 million in 2017, most of which ($370 million) came from membership dues, which means the average membership dues were $123. Read more »

4
Feb

Executive Compensation at the American Diabetes Association (2018)

The American Diabetes Association (ADA) is a non-profit, tax-exempt 501 (c) (3) based in Arlington, Virginia.  Over the past several years, the ADA experienced a drop in revenues and a decline in the organization’s endowment but in 2018, with the replacement of the Executive Director and key staff, the trend started to reverse. By cutting staff (from 1,500 in 2013 to 1,000  in 2018) and other expenses, ADA seems to be back on track financially. However, it remains to be seen if the organization will accomplish one of their key goals in the years ahead:  to prevent and cure diabetes. Read more »