Executive Compensation at Paralyzed Veterans of America
The Paralyzed Veterans of America (PVA) is a non-profit, tax-exempt 501 (c) 3 based in Washington, DC (although the organization has 70 offices and 33 chapters throughout the country).
Established in 1947, PVA has a core mission of vets serving vets, funding spinal cord research, and advocating for disability rights, according to their website. So, the question most donors want to know is: how much of my donation goes to the organization’s core mission? The answer: less than half because the organization spent more than $45 million (out of the $92 million in revenue) on a mail program to raise funds.
Key financial information reported by PVA to the IRS on the Form 990 (for the year ending June 30, 2019) include the following:
$92 million in total revenue was reported (compared to $112 million the prior year), most of which ($88 million) came from contributions, gifts, and grants.
Expenses totaled $88 million (95% of revenue) with the two (2) largest expenses being the “mail program” ($45 million) and compensation ($23 million) for the staff. 301 employees received $23 million in compensation which equates to an average compensation of $76,400. 32 employees received more than $100,000 in compensation with the 10 most highly compensated reported to be:
- $236,828: William Blake, Executive Director
- $198,777: David Fanning, Sr Director, Planned and Strategic Dev
- $195,094: Leonard Selfon, General Counsel
- $185,683: Peter Gaytan, AED of Veterans Benefits
- $184,964: Mark Lichter, Director of Architecture
- $184,150: Shaun Castle, Deputy Executive Director
- $179,714: Scott Pearl, Chief Development and Marketing Officer
- $164,855: Leslie Zupan, Director of IT (until 1/19)
- $151,197: Cheryl Topping, CFO
- $150,954: Heather Ansley, AED of Gov’t
7 of the 10 most highly compensated employees are male while 3 are female.
PVA paid for companion travel. Specifically, PVA paid for an attendant to accompany board members and corporate officers for their medical needs.
John Ring, the former CFO received $110,000 in severance.
53 independent contractors received more than $100,000 in compensation. The five (5) most highly compensated independent contractors were reported to be:
- $19 million: Edge Direct, of Baltimore, MD for gifts/mail program
- $ 6 million: US Postmaster, of Washington, DC for mail delivery
- $ 4 million: Grant Mail Direct Marketing, of gifts/mail program
- $ 3 million: Heartland Direct International, of Tulsa, OK for gifts/mail program
- $ 3 million: Target Market Team, of Atlanta, GA for gifts/mail program
As illustrated above, PVA spent significant revenue ($35 million with the top 5 independent contractors and $10 million more on other gift/mail program expenses).
To read the IRS Form 990 (2018 for the year ending June 30, 2019), click here.