Executive Compensation at the BCBS Association (2021)
The Blue Cross Blue Shield Association (BCBSA) is a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 36 independent BCBS companies that provide health insurance to more than 115 million people.
BCBSA also own and manage the BCBS trademarks and names in more than 170 countries around the world. Consequently, revenue comes from the members of BCBSA whose revenue comes from insurance premiums. In other words, part of your BCBS health insurance premiums are paid to BCBSA.
There are 36 voting members of the governing body, of whom 35 are independent, although there are 37 listed on the Form 990 (2021) of whom 28 (76%) are male while 9 (24%) are female.
How the BCBS Association Spends Revenue (2022)
The Blue Cross Blue Shield Association (BCBSA) is a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 36 independent BCBS companies that provide health insurance to more than 115 million people.
They also own and manage the BCBS trademarks and names in more than 170 countries around the world. For example, BCBS of Florida, Inc. (DBA Florida Blue), Health Options, Inc. (DBA Florida Blue HMO), Florida Combined Life Insurance Company (DBA Florida Combined Life) are independent licensees of BCBSA. Consequently, revenue comes from the members of BCBSA whose revenue comes from insurance premiums. In other words, part of your BCBS health insurance premiums are paid to BCBSA. Read more 
Executive Compensation at ChildFund International (2023)
ChildFund International USA (ChildFund) is one of 12 organizations in the ChildFund Alliance that partners with local organizations in 24 countries to provide children with basic needs: food, healthcare, and education. A tax-exempt, non-profit 501 (c) 3 based in Richmond, VA, ChildFund has 18 independent voting members (directors) on its governing body (Board of Directors) with 10 females and 8 males.
In 2023, ChildFund reported total revenue of $194 million (compared to $200 million in 2022) most of which came from contributions, gifts and grants. Expenses totaled $186 million (not including $4 million in depreciation) with the two largest expenses reported to be grants ($115 million) and compensation $34 million). Read more
$39 a Month to ChildFund International: How Much Goes to the Child (2023)?
Way back in 1938, the China Children’s Fund was established by a Presbyterian minister to provide assistance to children in China after the war (Sino-Japanese War) by starting a child sponsorship program where sponsors (typically in the US) would pay a monthly fee to sponsor a child so that the child would have basic needs (food, health, etc) provided.
In 1951, the name was changed to the Christian Childrens Fund when the program expanded to other countries. In 2002, the Christian Childrens Fund along with 11 other child sponsorship organizations founded a worldwide network – the ChildFund Alliance, a group of 12 organizations that partner with local organizations in other countries. In 2009, the Christian Childrens Fund changed its name to ChildFund International. Read more
Executive Compensation at Mercy Health (Wisconsin) 2022
Mercyhealth is a regional healthcare system with 7 hospitals and about 85 facilities in 50 communities in southern Wisconsin and northern Illinois. Headquartered in Janesville, Wisconsin, Mercyhealth consists of many non-profit, tax-exempt organizations (9) and also owns several organizations that are taxed as corporations including Mercycare Insurance Company, Rockford Health Insurance (which is domiciled in Bermuda), Mercycare HMO (which consolidated with Mercycare Insurance Company), and Janesville Medical Center, Inc (management of union employees). Read more
Executive Compensation at the National Confectioners Association (2023)
The National Confectioners Association (NCA) is tax-exempt, non-profit trade association (501 (c) 6) that promotes chocolate, candy, gum, and mints along with the companies that make these treats. Based in Washington, DC, the NCA focuses on 7 key areas:
- Public Policy and Government Affairs
- Scientific and Regulatory Affairs
- Industry Affairs and the Sweets & Snacks Expo
- International Business Development
- Meetings and Membership
- Public Affairs and Communications
- Administration and Finance
Executive Compensation at the Nature Conservancy (2022)
The Nature Conservancy – a 501 (c) (3) based in Arlington, Virginia – whose mission is “to conserve land and waters on which all life depends” has been around since 1951 and is one of the most popular and wealthy non-profits in the country.
There are 23 voting members (directors) of the governing body, 21 of whom are independent, although the Form 990 lists 25 directors (due to timing differences) – 13 (52%) of whom are male and 12 (48%).of whom are female.
The most recent financial information (the 2021 IRS Form 990 for the year ending June 30, 2022) reports the organization raised $1.3 billion and spent $1 billion. The difference between revenue raised and revenue spent was $300 million which along with nearly $700 million in net unrealized losses on investments and other changes in assets helped decrease net fund assets from $7.8 billion at the beginning of the year to $7.5 billion at the end of the year. Read more
Where Does $100 to the Nature Conservancy Go (2022)?
The Nature Conservancy raises more than $1 billion a year and has nearly $8 billion in net assets , making the organization one of the most well capitalized non-profits in the country. If you’ve ever wondered how a donation is spent but don’t feel inclined to read the dozens and dozens of pages of the IRS Form 990 (the tax return submitted to the IRS annually), then continue reading. Read more
Executive Compensation at the Horatio Alger Association (2022)
The Horatio Alger Association (HAA) is a tax-exempt, non-profit 501 (c) 3, HAA is based in Alexandria, Virginia. The organization is overseen by 78 independent voting members (board members) of the governing body. 72 of the 78 board members (92%) are male while 6 of the 78 members (8%) are female.
HAA was named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society. Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance. At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. Consequently, grants has historically been the largest expense for the organization (65% of revenue raised in 2021 was awarded in grants but only 11% for $2.4 million was awarded in grants in 2022). Read more
How Revenue is Spent at the Horatio Alger Association (2022)
The Horatio Alger Association (HAA) is named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society. Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance.
At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. So, the purpose of this organization appears to be the awarding of grants (but surprisingly only $2.4 million or about 11% of total revenue was awarded in grants, while the Executive Director, Terrence Giroux received more than $5 million in compensation in 2022 – 24% of the $22 million in revenue raised in 2022). Read more
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