Skip to content

Archive for

28
Feb

Executive Compensation at the American Gaming Association

The American Gaming Association (AGA) is a tax-exempt, non-profit trade association (a 501 (c) 6) that promotes, educates, and lobbies on behalf of its members in the gaming industry including casino operators and makers and suppliers of gaming products.

There are 50 independent voting members (directors) of the governing body, although 49 (46 males and 3 females) are listed on the most recent Form 990.  Based in Washington, DC, AGA also sponsors the annual major gaming trade show referred to as “The Global Gaming Expo” in Las Vegas, Nevada but also hosts a trade show (the Global Gaming Expo Asia) annually (in Macau or Manila in the past). Read more »

26
Feb

Executive Compensation at the American Geophysical Union

The American Geophysical Union (AGU) isn’t really a “union” (a trade organization) but instead a tax-exempt non-profit 501 (c) (3) with a reported 130,000 “enthusiasts” interested in Earth and space science. How does AGU do this?  Primarily through publications and meetings.

AGU has 14 independent voting members in its governing body, 7 of whom are male and 7 of whom are female. Read more »

24
Feb

Executive Compensation at the American Investment Council

The American Investment Council (AIC) is a very small tax-exempt, non-profit 501 (c) 3 “lobbying, advocacy, and research organization” based in Washington, DC and governed by 18 voting members (17 of whom are independent) of its governing body. 15 of the 18 (83%) are male while 3 of the 18 (17%) are female.

AIC reports about $13 million in revenue annually, primarily from membership dues. Expenses total nearly $13 million with most revenue spent on two items:  compensation ($6 million) and fees to public and government affairs consultants and lobbyists ($5 million). Read more »

22
Feb

Executive Compensation at the American Petroleum Institute

The American Petroleum Institute (API) is a tax-exempt non-profit trade association for the oil and natural gas industry.  Based in Washington, DC API influences puli policy in support the oil and natural gas markets.  API is managed by 44 members (board members) of the governing body, 43 of whom are independent, although the most recent Form 990 (2019) lists 50 board members, 41 of whom are male (82%) and 9 of whom are female (18%). Read more »

20
Feb

Executive Compensation at the American Psychological Association

The American Psychological Association (APA) is a tax-exempt, non-profit professional organization with more than 122,000 members.  However, the APA is not a trade association dependent upon member dues or contributions, gifts and grants from the public or government. Instead, the APA is reliant on licensing fees and book and journal subscriptions that provided $104 million of the $132 million in revenue reported in 2019.

Expenses totaled $136 million (not including $3 million in depreciation) in 2019 with the largest expenses reported to be compensation. 716 employees received $75 million in compensation, which equates to an average compensation of $105,000.  However, only 163 employees received more than $100,000 in compensation with the 12 most highly compensated employee reported to be: Read more »

18
Feb

Where Does $100 to the American Psychological Association Go?

The American Psychological Association (APA) is a tax-exempt, non-profit professional organization with more than 122,000 members, although the APA is not a trade association.  Consequently, membership dues make up a very small portion of total revenue ($4 million out of $132 million in 2019) while licensing fees, which provided $80 million (or about 60% of total revenue) followed by books and journal subscriptions that provided $24 million (nearly 20% of total revenue) appear to be the bread and butter of the APA.

Unlike most non-profits, contributions, gifts and grants provided a negligible amount of income to the APA (less than $2 million in 2019), making the APA a unique non-profit whose reliance is not on donors, but instead licensees. Read more »

16
Feb

Executive Compensation at the American Chemical Society (2019)

The American Chemical Society (ACS) is a tax-exempt, non-profit 501 (c) 3 (not a trade association like the American Chemistry Council) with more than 150,000 members in 150 countries.  Based in Washington, DC, ACS works to advance the benefits of chemistry and they do this primarily by selling information (about 83% of revenue in 2019 came from the sale of information). Read more »

14
Feb

Executive Compensation at the American Farm Bureau Federation

The American Farm Bureau Federation (AFBF) is a tax-exempt, non-profit 501 (c) 5 – an agricultural organization – that is also known as Farm Bureau Insurance, Farm Bureau, Inc. and simply Farm Bureau.  Based in Washington, DC, AFBF is an insurance company (although the income statement does not report insurance premium revenue) and lobbying group representing the interests of the American agricultural industry with memberships starting at $25 annually.

AFBF is governed by 34 voting members (directors) of a governing body, 33 of whom are independent, although the most recent Form 990 (2019) lists 38 directors (due to timing differences) who receive $0 – $522,000 annually.  36 of the 38 (94%) directors listed are male while 2 of the 36 (6%) are female. Read more »

12
Feb

Executive Compensation at the American Bankers Association (2019)

The American Bankers Association (ABA) is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a tax-exempt association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.

While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises more than $100 annually, typically spends less than it brings in, and has accumulated nearly $50 million in net assets (although net assets would be significant higher if not for a $35 million downward adjustment because of underfunded pension requirements). Read more »

10
Feb

Executive Compensation at the American Chemistry Council (2019)

The American Chemistry Council (ACC) is a tax-exempt, non-profit trade association (501 (c) 6) that represents 160 member companies (although the organization’s_ website claims 190) that produce or sell chemistry products in the US and abroad.  Based in Washington, DC, the ACC is managed by 52 independent voting members (board members) of the governing body, of which 46 (88%) are male, 6 (12%) are female. Read more »