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31
May

Where Does $100 to the Ethics and Public Policy Center Go?

The Ethics and Public Policy Center (EPPC) is a non-profit, tax-exempt 501 (c) (3) organization that is often described as a conservative advocacy group “dedicated to applying the Judeo-Christian moral tradition (defined as the concept of supersession where the Christian covenant or Testament (new) supersedes the Jewish covenant or Testament (old).

Based in Washington, DC, EPPC reported total revenue of $3.9 million in 2018 (down from $4.2 million the prior year) most of which came from contributions, gifts, and grants. Expenses totaled $3.8 million and were categorized (on the Form 990) as follows: Read more »

29
May

Where Does $100 to the Fresh Air Fund Go?

The past 5 years have been a revenue roller coaster ride for the Fresh Air Fund (FAF). In 2014, the FAF reported total revenue of $19 million and they had $138 million in net fund assets. In 2015 and 2016, revenue grew to $27 million and $38 million, respectively and the endowment remained stable at $133 million and $127 million, respectively. But something happened in 2017. Revenue dropped to $24 million although the endowment increased to $136 million. In 2018, revenue dropped again, to $16 million although, again the endowment remained stable (and actually increased slightly to $139 million due to unrealized gains on investments).  But, no one seems to be talking or writing about what happened to cause the most recent decline in revenue. Read more »

27
May

How the National Association of Realtors (NAR) Spends Membership Dues

The National Association of Realtors (NAR) is the largest professional trade association in the US. A non-profit tax-exempt 501 (c) (6) based in Chicago, Illinois, NAR represents 1.4 million members who belong to one or more of the 1,200 associations/boards and 54 state or territory associations.  Members can be residential or commercial brokers, sales people, property managers, real estate appraisers, counselors and others who work in the real estate industry.

NAR functions as a self regulatory agency, a lobbying organization, and as a provider of accreditation and certification of designations. Read more »

25
May

Executive Compensation at the National Association of Realtors

The National Association of Realtors (NAR) is the largest professional trade association in the US. A non-profit tax-exempt 501 (c) (6) based in Chicago, Illinois, NAR represents 1.4 million members who belong to one or more of the 1,200 associations/boards and 54 state or territory associations.  Members can be residential or commercial brokers, sales people, property managers, real estate appraisers, counselors and others who work in the real estate industry.

NAR functions as a self regulatory agency, a lobbying organization, and as a provider of accreditation and certification of designations. Key information about NAR include the following: Read more »

23
May

Executive Compensation at the National Restaurant Association

The National Restaurant Association is the largest food trade organization in the world. Governed by a Board of Directors comprised of 90 leaders (although the Form 990 indicates there are 72 board members) in the industry, the National Restaurant Association is a professional trade association, a tax-exempt non-profit organization based in Washington, DC.

In 2017, the National Restaurant Association raised $110 million most of which comes from three (3) sources:  the sale of inventory ($62 million) which appears to be trade data, trade shows ($32 million), and royalties ($8 million). Membership dues – often the biggest source of revenue for trade associations – only provided $4 million to the organization in 2017. Read more »

21
May

Executive Compensation at Edward W Sparrow Hospital

Edward W Sparrow Hospital (EWSH) is a non-profit tax-exempt 501 (c) (3) teaching hospital with 676 beds (although the Form 990 states there are 703 beds) in Lansing, Michigan. EWSH is a subsidiary of Sparrow Health System (SHS), a non-profit, tax-exempt 501 (c) (3) with 6 hospitals:  Sparrow Eaton, Sparrow (the flagship), Sparrow Specialty, Sparrow Clinton, Sparrow Ionia, and Sparrow Carson. In addition, SHS has dozens of satellite care centers, and the Michigan Athletic Club (a 276,000 square foot health club). Read more »

19
May

How Revenues (Your Premiums) are Spent at Physicians Health Plan

Physician’s Health Plan (PHP) is a non-profit, tax-exempt 501 (c) (4) – a social welfare organization whose contributions received are not tax-deductible – based in Lansing, Michigan. According to PHP:

Physicians Health Plan began in 1980, when Sparrow Health System (the sole member of PHP) and a group of visionary physicians began developing mid-Michigan’s first broad-based independent practice association (IPA), a type of health maintenance organization. An IPA is made up of a network of local physicians, hospitals and other professionals who deliver a full continuum of care. In 1982, PHP introduced its first products to the market. Today PHP remains a subsidiary of Sparrow, and it has more than 3,100 practitioners and 31 hospitals participating in its provider network.

Read more »

17
May

How Revenue is Spent at Feeding America (2019)

Established in 1988, Feeding America has been around for more than three decades and has grown substantially through the years. For the year ending, June 30, 2019, Feeding America raised $2.8 billion of which $2.6 billion (93%) were non-cash contributions (i.e. food) and about $188 million cash – from contributions ($113 million), program revenue sources ($23 million), royalties ($50 million), and other sources ($2 million). With most contributions being food for distribution to the vast network of food banks across the country, the question that most donors want to know is how the $188 million in cash revenue was spent. Read more »

15
May

Executive Compensation at Feeding America

Feeding America is a 501 (c) (3) whose mission is “to feed America’s hungry through a nationwide network of food banks and engage the country in the fight to end hunger.” With more than 37 million people (or 1 out of 9 people) experiencing hunger every day, Feeding America seeks to alleviate hunger by procuring and distributing food, creating public awareness and educating the public, lawmakers, and public policy influencers, and conducting research on hunger.

In 2019, Feeding America raised $2.8 billion of which $2.6 billion or 93% were non-cash contributions (food). $188 million was obtained through contributions, program revenue, and royalties.  The organization largest expense was grants – primarily food  ($2.7 billion). The second largest expense was for compensation for the 326 employees who received $36 million, which equates to an average compensation of $110,000.  103 employees received more than $100,000 in compensation with the 18 most highly compensated employees listed below: Read more »

13
May

Executive Compensation at Oceana

Ocean is a non-profit, tax-exempt 501 (c) (3) based in Washington, DC although the organization has offices worldwide. In 2017, Ocean raised $48 million and spent $38 million, leaving $10 million added to the general fund (or what is often referred to as the endowment) which had $38 million at year-end.

In 2017, Ocean had 167 employees who were compensated $19 million, which equates to an average compensation of $114,000. 28 employees received more than $100,000 in compensation with the 12 most highly compensated employees listed below: Read more »