Executive Compensation at Wounded Warriors (2022)

The Wounded Warrior Project is one of the most well-known tax-exempt non-profit charitable organizations focused on rebuilding the lives of wounded veterans. Established in 2003, the Wounded Warrior Project (Wounded Warrior) is headquartered in Jacksonville, Florida with about 900 employees. A 501 (c) (3) charitable organization, their mission is to “honor and empower wounded warriors.”

There are 13 independent voting members (directors) of the governing body although 15 are listed on the Form 990 (2021 for the year ending September 30, 2022) which appears to be due to timing differences. 9 directors (60%) are male and 6 (40%) are female.

Key factors to know about Wounded Warrior include:

• In 2022, Wounded Warrior reported total revenue of $402 million (compared to $339 million in 2021, $287 million in 2020 and $282 million in 2019), most of which came from contributions, gifts, and grants.
• Expenses totaled $344 million in 2022, with 55% ($222 million) of revenue spent on compensation, office, fees, advertising and promotion, direct response (mail, tv, and online), and other expenses.
• $51 million (or 13% of revenue) was spent on grants while $65 million was spent on program and other provider services and events.
• Wounded Warrior did not spend $58 million of revenue and allocated these funds to the general fund.
• Wounded Warrior had net assets of $382 million at year-end September 30, 2022, compared to $390 million at the beginning of the year, with the change primarily due to $65 million in net unrealized losses on investments that was partially offset by the unspent revenue ($58 million).

889 employees were compensated $90 million in 2022, which equates to an average compensation of $101,000.  151 employees received more than $100,000 in compensation with the 13 most highly compensated listed below:

• $487,649:  Michael S Linnington, CEO
• $379,952:  Jennifer M Silva, Chief Program Officer
• $375,102:  Eric S Miller, CFO
• $362,174:  Gary A Corless, Chief Development Officer (thru 12/2021)
• $343,236:  Christopher Toner, Chief of Staff
• $324,281:  John T Hamre, III, VP Direct Response
• $306,117:  Jose Ramos, VP Gov’t and Community Relations
• $305,667:  Scott Coster, CIO (as of 11/2021)
• $290.962:  Angela Strohl, VP, Human Resources
• $290,687:  Vilma Consuegra, Chief Marketing and Communications Officer (as of 11/2021)
• $288,585:  Brea Kratzert, VP, Development
• $275,359:  Tracy Farrell, VP Engagement and Physical Health
• $295,518:  Kathryn Biogiovanni, Secretai and General Counsel

The 13 most highly compensated employees received $4.4 million in compensation. Controlling for these employees and their respective compensations, means the other 876 employees were compensated $85 million, which equates to an average compensation of $97,000.

7 of the 13 (54%) most highly compensated employees are male while 6 (46%) are female.

65 independent contractors received more than $100,000 in compensation with the five highest reported to be:

• $11.4 million:  Neuro Community Care, of Wake Forest, NC for independence program
• $ 3.9 million:  Creative Direct Response, Inc, of Bowie, MD for direct response (fundraising)
• $ 3.7 million:  Neuro-Rehab Management, of Woburn, MA for independence program
• $ 2.5 million:  Bis Global, of McLean, VA for direct response (fundraising)
• $ 2.8 million:  TV Fundraising Solutions, of Lanham, MA for direct response (fundraising)

To read the IRS Form 990 (2021 for the year ending September 30, 2022), click here.