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30
Oct

Executive Compensation at the Metropolitan Museum of Art (2020)

 

The Metropolitan Museum of Art (MMA) is the largest art museum in the US with two sites in New York City (the Met Fifith Avenue and the Met Cloisters).  Established in 1870, MMA is a tax-exempt, non-profit 501 (c) (3) based in New York City with 47 trustees (45 of whom are independent), although 48 are listed on the Form 990 (2018 for the year ending June 30, 2020) due to timing differences.  32 of the 48 (67%) listed are male while 16 (33%) are female.

For the year ending June 30, 2020, MMA reported the following information: Read more »

28
Oct

Executive Compensation at the American Lung Association (2020)

The American Lung Association is a tax-exempt, non-profit 501 (c) (3) that focuses on preventing lung disease and improving lung health by providing program services (education and advocacy to the public (research grants comprise about 10% of expenses).

There are 17 independent members (directors) of the governing body (board of directors), although the Form 990 lists 19 directors, which appears to be due to timing differences.  12 of the 19 (63%) directors are male while 7 of the 19 (37%) are female (note:  gender identity is not reported on the Form 990; conclusions were made based on name and google searches). Read more »

26
Oct

Executive Compensation at BJC HealthCare (2019)

BJC HealthCare (whose legal name is BJC Health System) is one of the largest non-profit healthcare providers in the country with 15 hospitals and multiple community health locations in Missouri and Illinois.

BJC HealthCare consists of dozens of affiliated non-profits and taxable partnerships, trusts, and corporations but the one that encompasses most of the employees of the network is the BJC Health System Group Return (2019) – hereafter referred to as BJC – which shows the organization reported $5.5 billion in revenue (most of which came from the provision of healthcare) and $5.2 billion in expenses (with the 2 largest expenses being compensation ($2 billion) and medical supplies ($1 billion). Read more »

24
Oct

Executive Compensation at Mercyhealth (Wisconsin) 2018

Mercyhealth is a regional healthcare system with 7 hospitals and 85 primary and specialty care locations in southern Wisconsin and northern Illinois. Headquartered in Janesville, Wisconsin, Mercyhealth consists of many non-profit, tax-exempt organizations (9) and also owns several organizations that are taxed as corporations including Mercycare Insurance Company, Rockford Health Insurance (which is domiciled in Bermuda), and Mercycare HMO (which consolidated with Mercycare Insurance Company). Read more »

22
Oct

Executive Compensation at Research America

Research America is a tax-exempt, non-profit 501 (c) (3) based in Arlington, Virginia (close to Washington, DC – the lobbying capital of the country) that “advocates for science, discovery, and innovation to achieve better health for all.”  Their mission is to “gain public awareness of the benefits to humankind of medical research.” Read more »

20
Oct

How Revenue is Spent at Research America

Never heard of Research America?  You’re not alone.  A reader e-mailed me and advised me to look at the Form 990 of the organization.

Research America is a tax-exempt, non-profit 501 (c) (3) based in Arlington, Virginia (close to Washington, DC – the lobbying capital of the country) that “advocates for science, discovery, and innovation to achieve better health for all.”  Their mission is to “gain public awareness of the benefits to humankind of medical research.” Read more »

18
Oct

Executive Compensation at the Southern Poverty Law Center

The Southern Poverty Law Center (SPLC) was established in 1971 as a tax-exempt, non-profit 501 (c) (3) advocacy organization specializing in civil rights and public interest litigation.

Based in Montgomery, Alabama, the SPLC has 13 independent voting members on its governing body although 15 are listed on the most recent Form 990 (2019 for the year ending October 31, 2020), 9 (60%) of whom are male while 6 (40%) are female. Read more »

16
Oct

Executive Compensation at Dairy Management, Inc. (2018)

Dairy Management Inc (DMI) is the big organization that most people haven’t heard of because unless you’re a dairy farmer, work in the dairy industry, or work in the corporate offices of Pizza Hut, Taco Bell, or KFC, you would have no reason to know that this non-profit, tax-exempt 501 (c) (6) is the most powerful non-profit dairy organization in the country.

Considered a “check-off” program authorized by Congress but responsible to their members, DMI’s mission is to increase consumption of dairy products by finding more ways to get dairy products to the public including assisting fast food companies with menu items. Read more »

14
Oct

Executive Compensation at the American Cancer Society (2019)

The American Cancer Society (ACS) is a tax-exempt, non-profit 501 (c) (3) dedicated to eliminating cancer by funding cancer research and focusing on prevention and detection, and treatment. Key information about ACS includes:

  • ACS is headquartered in Atlanta, Georgia but the organization has more than 250 offices throughout the country.
  • ACS raises about $700 million annually.
  • ACS has $1.1 billion in net assets.
  • There are 21 independent voting members of the governing body, 16 (76%) of whom are male and 5 (24%) who are female (Note:  the Form 990 does not report gender identity. The numbers are based on names and google searches).

Read more »

12
Oct

Where Does $100 to the American Cancer Society Go (2019)?

The American Cancer Society (ACS) is a tax-exempt, non-profit 501 (c) (3) dedicated to eliminating cancer by funding cancer research and focusing on prevention and detection, and treatment.

Headquartered in Atlanta, Georgia, the ACS has a presence throughout the country (divided into 6 geographic regions) with 250 offices in all 50 states, Washington, DC, Guam and Puerto Rico.

There are 21 independent voting members of the governing body, 16 (76%) of whom are male and 5 (24%) who are female (Note:  the Form 990 does not report gender identity. The numbers are based on names and google searches). Read more »