How Dairy Management Spends Revenue (2021)
Dairy Management Inc (DMI) is a non-profit, tax-exempt 501 (c) (6) whose purpose is to promote dairy products in order to increase consumption of dairy products.
Funded by a mandate by Congress, DMI is what is referred to as a “check off program” where all producers have to contribute funds for the good of the industry. Dairy producers are required to contribute 15 cents per 100 pounds (foreign dairy producers are required to contribute 7.5 cents per 100 pounds) which equates to about 1.5 cents per gallon of milk, all of which adds up to about $150-$160 million annually (which is then spent on marketing (about 60%), administrative organization expenses (about 30%) and export expenses (about 10%). Read more 
Executive Compensation at Dairy Management (2020)
Dairy Management Inc (DMI) is the big organization that most people haven’t heard of because unless you’re a dairy producer, work in the dairy industry, or work in the corporate offices of Pizza Hut, Taco Bell, Dominoe’s, 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
How Dairy Management Spends Revenue (2020)
Dairy Management Inc (DMI) is a non-profit, tax-exempt 501 (c) (6) whose purpose is to promote dairy products in order to increase consumption of dairy products.
Funded by a mandate by Congress, DMI is what is referred to as a “check off program” where all producers have to contribute funds for the good of the industry. Dairy producers are required to contribute 15 cents per 100 pounds (foreign dairy producers are required to contribute 7.5 cents per 100 pounds) which equates to about 1.5 cents per gallon of milk.
DMI has 79 independent voting members (Directors) on its governing body although 95 are listed on the most recent Form 990 (which appears to be due to timing differences). 69 of the 95 (73%) are male while 26 of the 95 (27%) are female (note: The Form 990 does not disclose gender; determinations were based on name and google searches). Read more
Executive Compensation at the Chamber of Commerce of the US (2021)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $204 million in 2021 (compared to $230 million in 2020 and $173 million in 2019), primarily from contributions, gifts and grants with less than $5 million coming from membership dues). Expenses totaled $192 million (94% of revenue), with the largest expenses reported to be compensation, fees for services, office-related expenses, and advertising), leaving $12 million allocated to the general fund. An $18 million adjustment for pension liability allowed USCOC to close the year with $63 million in net assets, compared to $32 million at the beginning of the year. Read more
Executive Compensation at the Chamber of Commerce of the US (2020)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $230 million in 2020 (compared to $173 million in 2019), primarily from contributions, gifts and grants with only $5 million coming from membership dues) and historically spent what they raised but in 2020, expenses totaled $169 million (primarily compensation, fees for services, office-related expenses, and advertising), leaving $60 million allocated to the general fund (which eliminated the negative net asset position (-$24 million) and allowed USCOC to close the year with $32 million in net assets. Read more
Duke Energy Sucks: Handling Existing Customer Account Changes
We recognize the essential nature of our service and strive for excellence in all we do. We work our hardest to earn your confidence and trust every day. ~Duke Energy
There’s nothing like a monopoly in the US to make you think that maybe we don’t live in a first world country. Duke Energy, an American electric power and natural gas company headquartered in Charlotte, NC has a policy that no matter how long you’ve had an account and paid your bills on time, the company will not provide power to a new home unless they run a credit check, even if you prepay for the power. Ask them why? The standard answer is “it’s our policy.” That’s not a reason. Handling new accounts without a payment history is one thing; mishandling existing on-time paying customer accounts is quite another. Read more
Executive Compensation at Kaiser Health (2021)
Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 39 hospitals, more than 600 medical offices, and about 225,000 employees, Kaiser Health is considered one of the leaders in the industry.
Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization). Read more
Executive Compensation at Kaiser Health (2020)
Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 39 hospitals, more than 600 medical offices, and about 225,000 employees, Kaiser Health is considered one of the leaders in the industry.
Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization). Read more
Executive Compensation at Goodwill (2021)
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 155 Goodwill Industries autonomous organizations and more than 4,200 retail stores in the US and 12 countries that generated an estimated $6 billion in revenue in 2021.
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 Mercy Health (Cincinnati, OH) 2019
Mercy Health is a non-profit, tax-exempt 501 (c) (3) healthcare provider in eight (8) regions (Cincinnati, Toledo, Youngstown, Springfield, Lima, Lorain, Northern Kentucky, and Paducah) in Ohio and Kentucky through 23 hospitals and hundreds of clinics, urgent care, and medical center locations. Although Mercy Health consists of dozens of affiliated and related organizations, the purpose of this post is the executive compensation as reported on the Form 990 (2019) submitted by Mercy Health to the IRS. However, it is important to note the following information about Mercy Health: Read more
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