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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 »

11
May

Where Does $100 to Oceana Go?

Oceana is a non-profit, tax-exempt 501 (c) (3) ocean conservation organization that advocates for policy changes by governments and corporations in order to preserve ocean life.

Based in Washington, DC, Oceana has offices across the world and is considered the largest ocean conservation advocacy group in the world. They do this by conducting their own scientific research, making policy recommendations, lobbying for specific legislative action, and filing and litigating lawsuits. Hence, the organization is staff intensive with 167 employees (as of 2017) that work on responsible fishing, plastics in the ocean, seafood fraud, climate change, and energy (i.e. drilling, blasting, and wind farms). Read more »

9
May

Daisy: 2007-2020

Last Sunday, my dog, Daisy passed away.  When I first started writing this essay about losing her, the focus was on everything that happened in the last 17 hours of Daisy’s life:  from the moment she had the first seizure to the moment she died in my arms. The story was so sad that I just cried as I read it and decided to start over. Of the 13 years, 4 months and 2 days Daisy lived on this earth, the last day didn’t define who she was; her life was so much more than what happened at the end.  Her death was tragic but her life was anything but.

Daisy was born in Interlaken, Switzerland on January 1, 2007 ringing in a new year with her arrival. We were “allowed” to purchase Daisy because we were living in a small town outside Geneva at the time and her breeders couldn’t show her (she had faults, namely her tear ducts were blocked). To us, she was just perfect: a Pembroke Welsh Corgi that looked like a chubby little fox.  Her name was chosen by our daughter because she loved to eat daises in the spring fields. Read more »