Executive Compensation at the American Federation of Teachers (2021)
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, 2021, AFT reported total revenue of $207 million (mostly from membership dues) and expenses of $196 million (with the unspent funds added to the general fund). The largest expense for the organization was compensation for the 349 employees who received $63 million, which equates to an average compensation of $181,000. However, only 225 employees (65%) received more than $100,000 in compensation. The 8 most highly compensated employees were reported to be: Read more 
Where Does $100 to the March of Dimes Go (2021)?
2021 was a better year than 2020 for the March of Dimes with the benchmark being the organization went into a positive net asset position (from a negative $20 million at the end of 2020). Just eight 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, 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
Executive Compensation at the March of Dimes (2021)
2021 was a better year than 2020 for the March of Dimes with the benchmark being the organization went into a positive net asset position (from a negative $20 million at the end of 2020). Just eight 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, 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
How Revenue is Spent at the Jackson Laboratory (2020)
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
Executive Compensation at the Jackson Laboratory (2020)
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
Where Does $100 to the American Diabetes Association Go (2021)?
The mission of the American Diabetes Association is to prevent and cure diabetes and to improve the lives of all people affected by diabetes.
Established more than 80 years ago in 1940 when less than a million Americans (or less than 1% of the population) had diabetes, the American Diabetes Association (ADA) is one of the few (if not only) non-profit organizations working against a disease that has increased thirtyfold (The CDC estimates that more than 30 million people (nearly 10% of the population) in the USA have diabetes – primarily Type 2 which is largely preventable and reversible – and that another 100 million people have pre-diabetes which if not treated often leads to Type 2 within 5 years) over the decades despite hundreds of millions of dollars raised by the organization. Read more
Executive Compensation at the American Diabetes Association (2021)
The American Diabetes Association (ADA) is a non-profit, tax-exempt 501 (c) (3) based in Arlington, Virginia. Over the past several years, the ADA experienced a drop in revenues and a decline in the organization’s endowment. In 2018, with the replacement of the Executive Director and key staff, revenue increased slightly -by $14 million to $158 million – but declined by $11 million to $147 million in 2019 and then by $30 million to $117 million in 2020. But, in 2021, revenue increased to $138 million in 2021.
By cutting staff (from 1,500 in 2013 to 333 in 2021) and other expenses, ADA seems to be back on track financially but a smaller version of themselves. However, it remains to be seen if the organization will accomplish their key goals in the years ahead: to prevent and cure diabetes because they have to start doing things differently and specifically to educate and convince the public to make dietary changes. Read more
Executive Compensation at Ascension Health (2020)
Ascension Health is the nation’s largest Catholic non-profit health system with 139 hospitals, 2,600 sites of care, and 40 senior living facilities in 19 states and the District of Columbia. The sole corporate member of Ascension Health is Ascension Health Alliance, a Missouri non-profit 501 (c) (3). Consequently, there are two separate IRS Form 990’s that need to be viewed to gain an understanding of the executive compensation. There are numerous other organizations within Ascension Health but those are not covered in this post. Read more
Executive Compensation at Goodwill (2020)
Goodwill Industries was established in 1902 and is widely known across the country as the place where we all donate clothing and household goods to help others. There are 165 Goodwill Industries autonomous organizations and more than 4,200 retail stores in the US and 17 countries that generated an estimated $7-$8 billion in revenue in 2020.
Goodwill Industries International, Inc is the executive member association organization that provides oversight, support, expertise, and products to local agencies (each local agency/organization is a separate 501 (c) (3) that operates independently and pays membership dues to support Goodwill Industries International, Inc.). Read more
Executive Compensation at the National Football League Players Association (2020)
The National Football League Players Association (NFLPA) is a tax-exempt, non-profit 501 (c) (5) – a labor union affiliated with the AFL-CIO – that represents players in the National Football League (32 teams that can have a maximum of 55 players each).
5 key facts reported on the Form 990 (for the year ending February 29, 2020) to know about the NFLPA include: Read more
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