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11
Jan

Executive Compensation at the National Chicken Council

Americans love their chicken. In the US, chicken consumption is nearly 100 pounds per capita which is why we raise and slaughter more than 9 billion birds a year.  That’s a lot of chicken.

Although many people consider chicken a “healthy meat,” because chicken has less cholesterol than steaks and burgers, chicken actually has about 20-25 mg of cholesterol per ounce of white meat and about 35-40 mg of cholesterol per ounce of dark meat. Given that most chicken servings are 5-6 ounces per serving, people eating a portion of chicken can expect to add 100 – 240 mg of cholesterol per serving (note:  Our bodies produce all the cholesterol we need. Food from plants – fruits, vegetables, grains, nuts, seeds, etc. don’t have cholesterol). Read more »

9
Jan

Executive Compensation at Shriners Hospitals (2019)

Shriners Hospitals for Children is a network of 22 hospitals that provide specialized pediatric care (orthopaedic, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, 20 out of the 22 hospitals are located in the United States and file IRS Form 990’s under two corporations:

  • The Shriners Hospitals for Children (for 18 of the hospitals in the US) – a Colorado corporation based in Tampa, Florida; and
  • The Shriners Hospitals for Children (for 2 of the hospitals in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.

Read more »

7
Jan

Where Does $100 to Shriners Hospitals Go (2019)?

Shriners Hospitals for Children is a network of 22 hospitals that provide specialized pediatric care (orthopaedic, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, 20 out of the 22 hospitals are located in the United States and file IRS Form 990’s under two corporations:

  • The Shriners Hospitals for Children (for 18 of the hospitals in the US) – a Colorado corporation based in Tampa, Florida; and
  • The Shriners Hospitals for Children (for 2 of the hospitals in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.

Read more »

5
Jan

How Revenue is Spent at Priority Health (Michigan)

Priority Health (PH) is a tax-exempt, non-profit health insurer with a million members throughout Michigan. With three shareholders (Spectrum Health System (93.3%), Munson Healthcare (5.5%), and McLaren Northern Michigan (0.6%), PH  reports having 17 voting members of the governing body, 12 of whom are indecent. The Form 990 (2018) lists 19 directors (two are part year), of which 12 (63%) are male and 7 (37%) are female.

reports having no employees although the organization is staffed with employees at Spectrum Health System who are leased back to PH. Compensation is allocated to PH via a management fee.

Whether you’re a member, prospective member, or just curious about how insurance premiums are spent, this post will tell you how PH spent the premiums (revenue) in 2018. However, it is important to understand that both the insurance benefit provider (PH) and the medical provider (Spectrum Health System) are run by the same people even though they are separate non-profits.  PH is selling the insurance for an HMO or senior market and the care is provided by Spectrum Health System, so the costs are somewhat controlled because one entity is controlling both parts of the health service (the insurance and the benefit). Read more »

3
Jan

Executive Compensation at Sanford Health (SD)

Sanford Health is a non-profit, tax-exempt healthcare system based in Sioux Falls, South Dakota.  Made up of dozens of non-profits, partnerships, corporations, and trusts that include 46 hospitals, 210 clinics, more than 200 senior community living communities, and more staffed by nearly 50,000 employees, Sanford Health operates in 26 states and 10 countries.

The purpose of this post is to report the executive compensation in 2018 as reported by the Sanford Group Return – a tax-exempt, non-profit 501 (c) (3) managed by 14 trustees, 6 of whom are independent.  11 of the 14 (79%) trustees are male while 3 (21%) are female. Read more »

1
Jan

Executive Compensation at Priority Health (2018)

Priority Health (PH) is a tax-exempt, non-profit health insurer with a million members throughout Michigan. With three shareholders (Spectrum Health System (93.3%), Munson Healthcare (5.5%), and McLaren Northern Michigan (0.6%), PH reports having no employees although the organization is staffed with employees at Spectrum Health System who are leased back to PH. Compensation is allocated to PH via a management fee. However, the 21 most highly compensated employees (note:  part or all of compensation is paid by Priority Health and/or an affiliated/related organization including Spectrum Health System) are listed on Schedule J of the Form 990 and are reported as follows: Read more »