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17
May

Executive Compensation at the Consumer Technology Association (CTA)

The Consumer Technology Association (CTA) is a tax-exempt, non-profit trade association (a 501 (c) 6, representing more than 2,200 consumer technology companies in the US consumer technology industry. Based in Arlington, VA, CTA promotes the common business interests of members engaged with the manufacture, sale, and distribution of consumer technology products.

The governing board of CTA has 13 voting members, all of whom are independent. 14 directors are listed on the Form 990 (2018) of which 12 (86%) are male while 2 (14%) are female. Read more »

15
May

Executive Compensation at Harvard Medical at Beth Israel

Harvard Medical School – a part of Harvard University – operates in conjunction with eight teaching hospitals and other medical service providers in the Boston area (unlike most medical schools who are affiliated with a single hospital). One of the hospitals is the Beth Israeli Deaconess Medical Center which is often referred to as Beth Israel.

This post addresses the information reported on the Form 990 (2018 for the year ending September 30, 2019) by an entity known as Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc.,  (HMF Beth Israel) a tax-exempt, non-profit 501 (c) (3) that reported total revenue of $553 million in 2019, most of which came from two sources:  patient and other medical services ($476 million) and research and training ($73 million). Read more »

13
May

Executive Compensation at the American Red Cross (2019)

The American Red Cross (ARC) is one of the most recognized charities in the world. Based in Washington, DC, ARC works to “prevent and alleviate human suffering” by mobilizing employees and volunteers in emergencies and through the collection and sale of blood (ARC collects, tests, and distributes 40% of the nation’s blood to more than 2,500 hospitals).

ARC is governed by 15 voting members, 14 of whom are independent. The Form 990 (2018 for the year ending June 30, 2019) lists 17 board members (due to timing differences), of which 12 (71%) are male and 5 (29%) are female. Read more »

11
May

Executive Compensation at New York Blood Center

The blood banking industry is truly one of the most unusual businesses in this country:  the participants rely on a donated product which they collect, test, process, and then distribute.  But, the paradox is they get the product (donated blood) for free and sell it for a profit (their cost is in collecting, testing, processing and distributing).

Most people are aware of the American Red Cross but there are lots of other players including an organization called the New York Blood Center. Based out of New York, NY this tax-exempt, non-profit 501 (c) (3) organization collects donated blood, tests it, processes it by breaking it up into salable components (i.e platelets, plasma, etc), and the sells the various blood products to about 500 hospitals in New York, New Jersey, Connecticut, Delaware, Pennsylvania, Maryland, Virginia, Missouri, Kansas, Minnesota, Nebraska, and Rhode Island. Read more »

9
May

Executive Compensation at OneBlood

The blood banking industry is truly one of the most unusual businesses in this country:  the participants rely on a donated product which they collect, test, process, and then distribute.  But, the paradox is they get the product for free and sell it for a profit (their cost is in collecting, testing, processing and distributing).

Most people are aware of the American Red Cross but there are lots of other players including an organization called OneBlood. Based out of Orlando, Florida, this tax-exempt, non-profit 501 (c) (3) organization collects donated blood, tests it, processes it by breaking it up into salable components (i.e platelets, plasma, etc), and the sells it to about 270 hospitals in Florida, Alabama, Georgia, South Carolina, and North Carolina. Read more »

7
May

Executive Compensation at AdventHealth (2018)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with nearly 50 hospitals and hundreds of care sites in nearly a dozen states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.

This post looks at the executive compensation at  Adventist Health System Sunbelt Healthcare Corporation (AHSSHC) because the most recent (2018) IRS Form 990 is available for this entity (before the organization was rebranded to AdventHealth). It is important to note there are dozens of other related and affiliated non-profits related to AdventHealth that are not covered in this post. Read more »

5
May

Executive Compensation at the World Wildlife Fund (2019)

The World Wildlife Fund (WWF) is one of the most recognized conservation groups in the world. A 501 (c) (3) based in Washington, DC (but with offices worldwide), WWF has 636 employees who received total compensation of $97 million in 2019, which equates to an average compensation of $153,000, according to the organization’s IRS Form 990. However, only 240 individuals received more than $100,000 in compensation, with the 13 most highly compensated listed below: Read more »

3
May

Executive Compensation at the National Futures Association

In 1974, Congress established the Commodities Futures Trading Commission (CFTC) as an independent agency of the federal government to regulate the US derivatives market, which includes futures, swaps, and certain types of options. The National Futures Association (NFA) is a tax-exempt, non-profit 501 (c) 6 business association that is a self-regulatory organization for the US derivatives market.  Sounds almost the same so what’s the difference? Both organizations are working to ensure legal standards are being adhered to but the NFA is only concerned with members of the NFA while operating under the authority of the CFTC. Read more »

1
May

How Revenue is Spent at the National Futures Association

In 1974, Congress established the Commodities Futures Trading Commission (CFTC) as an independent agency of the federal government to regulate the US derivatives market, which includes futures, swaps, and certain types of options.

The National Futures Association (NFA) is a tax-exempt, non-profit 501 (c) 6 business association that is a self-regulatory organization for the US derivatives market.  Sounds almost the same so what’s the difference? Both organizations are working to ensure legal standards are being adhered to but the NFA is only concerned with members of the NFA while operating under the authority of the CFTC. Read more »