Executive Compensation at JDRF (2021)

JDRF (Juvenile Diabetes Research Foundation) is a tax-exempt non-profit based in New York City.  Overseen by 15 independent voting members (board members) of the governing body (board), the JDRF raises about $225 million annually ($223 million, $213 million, and $239 million in 2021, 2020, and 2019, respectively).

Although JDRF touts itself as the “leading global organization funding Type 1 diabetes research,” $165 million was allocated to the general fund while $187 million was allocated to research grants over the past 3 years:

• In 2021, JDRF reported total revenue of $223 million and awarded $29 million in grants while allocating $127 million to the general fund ;
• In 2020, JDRF reported total revenue of $213 million and awarded $69 million in grants while allocating $18 million to the general fund; and
• In 2019, JDRF reported total revenue of $239 million and awarded $89 million in grants while allocating $20 million to the general fund.

In 2021, the largest expense for JDRF was compensation.  748 employees received $53 million in compensation which equates to an average compensation of $71,000.  201 employees received more than $100,000 in compensation with the 14 most highly compensated reported to be:

• $576,387:  Steven St Peter, Mgr Director, JDRF T1D Fund (beg 11/19)
• $556,814:  Aaron Kowalski, President and CEO
• $445,147:  Helen Elias, Managing Director, JDRF TID Fund
• $396,344:  Troy Lindloff, CDO/Asst Treasurer (beg 2/20)
• $354,739:  Joanne Martz, CFO, Treasurer (end 5/21)
• $342,813:  Alisa Norris, Chief Marketing Officer (end 8/20)
• $323,209:  Cynthia Rice, Chief Mission Officer
• $319,949:  Srinivas Mishra, Chief Data and Technology (end 8/21)
• $283,047:  Gillian Green, VP, Leadership Giving (beg 5/19)
• $267,516:  Sanjoy Dutta, VP, Research
• $215,625:  Derek Rapp, Former President and CEO (end 4/19)
• $196,712:  Sydney Yovic, Chief of Staff, Asst Treasurer
• $143,543:  Sandra Hijikata, Chief Development Officer and Asst Secretary (end 4/20)
• $111,010:  Susan Yun, Chief People Officer, Asst Secretary (end 5/20)

As illustrated above, there was significant senior management turnover from 2019-2021. Alisa Norris received $105,000 in severance while Derek Rapp received $215,625.

The JDRF paid for housing allowances.  Specifically, Aaron Kowalski received $74,700 for a housing allowance in 2021.

The 12 most highly compensated employees in 2020 were reported to be:

• $881,909:  Derek Rapp, President and CEO (end 04/19)
• $700,811:  Aaron Kowalski, President and CEO
• $476,331:  Helen Elias, Managing Director, JDRF T1D Fund
• $475,494:  Sandra Hijikata, Chief Development Officer and Asst Secretary
• $451,049:  Joanne Martz, CFO, Treasurer
• $421,988:  Alisa Norris, Chief Marketing Officer
• $401,986:  Cynthia Rice, Chief Mission Officer
• $397,128:  Srinivas Mishra, Chief Data and Technology
• $388,406:  Susan Yun, Chief People Officer, Asst Secretary (end 5/20)
• $379,488:  Jill Clark, SVP, Volunteer Engagement
• $302,326:  Sanjoy Dutta, VP, Research
• $218,069:  Sydney Yovic, Chief of Staff, Asst Treasurer

73 independent contractors received more than $100,000 in compensation with the five (5) most highly compensated reported to be:

• $2,363,557:  Non-Profit Exchange, of Fort Lee, NJ for IT consulting (note:  This company name does not come up on a google search. Instead a company called The Transformation Group comes up at the address listed)
• $2,335,685:  Innovation Cloud, of Bertrange, Luxembourg, for IT consulting
• $1,508,205:  Kavyos Consulting, of Iselin, NJ for IT consulting
• $1,240,733:  Blue State Digital, of Brooklyn, NY for IT consulting
• $  768,253:  Beyond Technologies, of Lafayette, IN, for web development

To read the IRS Form 990 (2020 for the year ending June 30, 2021), click here.