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30
Dec

How Dues are Spent at the Air Line Pilots Association (ALPA)

The Air Line Pilots Association International (ALPA) is the largest airline pilot union in the world representing more than 61,000 pilots from 38 US and Canadian airlines.  Based in McLean, Virgina, ALPA is a tax-exempt non-profit 501 (c) (5) whose primary source of income is membership dues.

In 2019, ALPA reported total revenue of $235 million, most of which ($223 million) came from membership dues (note:  $223 million/61,000 equals $3,600 per member although actual dues are approximately 1.9% of gross monthly earnings.  So, if a pilot is earning $200,000 annually or $16,700 per month gross, the annual monthly dues are about $300 or $3,600 annually. Read more »

28
Dec

Executive Compensation at The Jackson Laboratory (2019)

Unless you’re in medical research or read the New Yorker, you may not have heard of The Jackson Laboratory (JAX) – an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders.  In addition, JAX has an affiliated research lab organization in Japan and China (Shanghai). Read more »

26
Dec

How Revenue is Spent at The Jackson Laboratory (2019)

The Jackson Laboratory (JAX) is an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) in the US and two overseas in Japan and China that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders. Read more »

24
Dec

Executive Compensation at March of Dimes (2020)

2020 was another tough year for the March of Dimes and yet, they continue to march on (no pun intended).  Just seven years ago, the March of Dimes had $75 million in net fund assets and was raising nearly $200 million annually but they were spending more than they raised. Since then, revenue has declined and the organization went into a negative net fund position because they were spending $8-$27 million more than they raised annually, had to fund a pension/post retirement fund for employees (which is still an $80 million liability in 2020), and had losses on investments. Things were not looking good by 2016 so the organization brought in a new president in 2017 following the retirement of the longtime president. Read more »

22
Dec

Where Does $100 to March of Dimes Go (2020)?

2020 was not a great year for the March of Dimes and yet, they continue to endure.  Just seven years ago, the March of Dimes had $75 million in net fund assets and was raising nearly $200 million annually but they were spending more than they raised.  Since then, the revenue has declined and the organization went into a negative net fund position because they were spending $8-$27 million more than they raised annually, had to fund a pension/post retirement fund for employees, and had losses on investments. Things were not looking good by 2016 so the organization brought in a new president in 2017 following the retirement of the longtime president. Read more »

20
Dec

Executive Compensation at the American Federation of Teachers (2020)

The American Federation of Teachers (AFT) is the second largest teacher’s union (although membership is not limited to teachers) with 1.7 million members (after the National Education Association) in 3,000 local affiliates in the USA. A non-profit, tax-exempt 501 (c) (5), the AFT is based in Washington, DC and is an affiliate of the AFL-CIO.

For the year ending June 30, 2020, AFT reported total revenue of  $206 million (mostly from membership dues) and expenses of $195 million (with the unspent funds added to the general fund). The largest expense for the organization was compensation for the 365 employees who received $60 million, which equates to an average compensation of $164,400. However, only 225 employees (62%) received more than $100,000 in compensation. The 7 most highly compensated employees were reported to be: Read more »

18
Dec

How Revenue is Spent at the American Federation of Teachers (2020)

The American Federation of Teachers (AFT) is the second largest teacher’s union (although membership is not limited to teachers) with 1.7 million members (after the National Education Association) in 3,000 local affiliates in the USA. A non-profit, tax-exempt 501 (c) (5), AFT is based in Washington, DC and is an affiliate of the AFL-CIO.

The most recent Form 990 (2019 for the year ending June 30, 2020) reports the following information about the AFT: Read more »

16
Dec

Where Does Your Donation to Toys For Tots Go (2020)?

Toys for Tots is one of the most well known organizations whose mission is to work with the US Marine Corp to collect new unwrapped toys and distribute those toys to economically disadvantaged children at Christmas time.  A non-profit, tax-exempt 501 (c) 3, Toys for Tots is legally known as Marine Toys for Tots Foundation but nearly everyone refers to the organization as “Toys for Tots.”

There are 13 voting members of the governing party, 12 of whom are independent. 9 of the 13 (69%) directors are male while 4 (31%) are female.

So, if you made a donation in 2020, where did it go?  It depends. If you donated a toy, then more than likely, a child received that toy. If you made a cash donation, then the funds were probably used to pay for organization expenses (i.e. compensation, office-related expenses, fees for services, etc), purchase toys, or put into the general fund (savings). How do I know this? Because the Form 990 that Toys for Tots submitted to the IRS (2020) reports the following information: Read more »

14
Dec

Where Does $100 to Boys Town Go (2019)?

Boys Town generally refers to a tax-exempt, non-profit organization whose focus is on the care of children and families who need assistance.  However, the organization actually consists of many tax-exempt, non-profit organizations in Nebraska, Iowa, Florida, Louisiana, Nevada, Washington, DC, Rhode Island, and Massachusetts, all of whom have one member:  Father Flanagans Boys Home (FFBH) and are therefore controlled by FFBH.

Based in Boys Town, Nebraska, FFBH provides medical services at two hospitals and numerous types of outpatient clinics in the Omaha, Nebraska metropolitan area and oversight at the affiliated organizations throughout the country.  FFBH is governed by 17 voting members, 16 of whom are independent.  Information on the website indicates there are 17 trustees, 10 of whom (59%) are male while 7 (41%) are female. Read more »

12
Dec

Executive Compensation at Boys Town (2019)

Boys Town refers to a non-profit, tax-exempt organization focused on helping children and their families but the “organization” is actually many non-profit, tax-exempt organizations with one member:  Father Flanagans Boys Home (FFBH) who controls and provides oversight to all the affiliates.

Based in Boys Town, Nebraska, FFBH has two research hospitals (west and east) and 10 non-hospital health care facilities.  However, FFBH has affiliate organizations that also provide services in Nebraska, Iowa, Louisiana, Nevada, Washington, DC, Florida, Rhode Island, and Massachusetts, the Boys Town organizations reach across the US. Read more »