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30
Dec

Executive Compensation at Trinity Health (2023)

Trinity Health is a tax-exempt non-profit Catholic healthcare system that employs more than 38,000 physicians and 107,000 others in 93 hospitals, 142 urgent care centers, 126 senior care centers, and numerous continuing healthcare locations in 26 states. Based in Livonia, Michigan, Trinity Health includes hundreds of related and affiliated organizations. This post reports the executive compensation at Trinity Health Corporation (THC), which overseas the entire healthcare system.

Governed by 15 directors (14 of whom are independent), THC has a board made up of 9 women and 6 men. Read more »

28
Dec

Executive Compensation at Advocate Health (2022)

Advocate Health and Hospitals Corp is a tax-exempt non-profit 501 (c) (3) and one of many organizations within Advocate Aurora Health (which was formed when Advocate Health Care (in Illinois) and Aurora Health (in Wisconsin) merged into one healthcare system (Advocate Aurora Health) in 2018. Based in Downers Grove, Illinois, AAH operates 67 hospitals in six (6) states with more than 1,000 out patient care sites staffed by 150,000 employees.

It is important to note AAH consists of numerous types of organizations including non-profits and for profit organizations. This post addresses the executive compensation at AHHC – one of the largest organizations in the network.

Advocate Health and Hospitals Corp (AHHC) is governed by 12 voting members (directors), 8 of whom are independent;  8 of the 12 (67%) are male while 4 of the 12 (3%) are female. 10 of the directors receive between $8,000 – 7.6 million annually for an average of 1 hour of work per week in the organization and 55 hours a week in other related organizations.

Three key points:

  • The 32 most highly compensated employees received $50 million in compensation in 2022;
  • The most highly compensated employee, James Skogsbergh received more than $8 million in 2022 and $50 million in compensation fro 2017-2022; and
  • The 23 most highly compensated employees received more than $230 million from 2017-2022.

Read more »

26
Dec

Executive Compensation at the Friends of the Israel Defense Forces (2022)

Friends of the Israel Defense Forces (FIDF) is a tax-exempt, non-profit 501 (c) 3 who “collects charitable donations on behalf of the soldiers of the IDF” in Israel. Based in New York City, FIDF has 26 offices in the United States with a remarkable ability to not only raise funds but to accumulate nearly $200 million in net assets. Recently criticized for embarking on a major fundraising effort following the October 7th massacre in Israel sparking a war in the Gaza Strip, FIDF claims the $174 million in net assets has been earmarked for other causes. Read more »

24
Dec

Where Does $100 to the Friends of the Israel Defense Forces Go (2022)?

Friends of the Israel Defense Forces (FIDF) is a tax-exempt, non-profit 501 (c) 3 who “collects charitable donations on behalf of the soldiers of the IDF” in Israel. Based in New York City, FIDF has 20 offices in the United States and Panama with a remarkable ability to not only raise funds but to accumulate nearly $200 million in net assets. Recently criticized for embarking on a major fundraising effort following the October 7, 2023 massacre in Israel sparking a war in the Gaza Strip, FIDF claims the $174 million in net assets has been earmarked for other causes. Read more »

22
Dec

Executive Compensation at the American Beverage Association (2022)

The American  Beverage Association is a Washington, DC-based non-profit 501 (c) (6) trade association representing America’s non-alcoholic beverage industry. Originally established in 1919 as the American Bottlers of Carbonated Beverages, the organization was renamed the National Soft Drink Association in 1966, when the soft drink market began growing rapidly in the USA.

In 2004, the organization’s name was changed to the American Beverage Association (ABA), which coincidently was about the time negative press was on the upswing calling out the soft drink industry for the copious amount of sugar and high fructose corn syrup in soft drinks. In subsequent years, as the government imposed taxes on these beverages siting the lack of nutritional benefits and the great cost to the consumer and the health care industry, the ABA has fought attempts by stepping up their lobbying efforts. Read more »

20
Dec

How the American Beverage Association Spends $100 Million Annually

The American  Beverage Association is a Washington, DC-based non-profit 501 (c) (6) trade association representing America’s non-alcoholic beverage industry. Originally established in 1919 as the American Bottlers of Carbonated Beverages, the organization was renamed the National Soft Drink Association in 1966, when the soft drink market began growing rapidly in the USA.

In 2004, the organization’s name was changed to the American Beverage Association (ABA), which coincidently was about the time negative press was on the upswing calling out the soft drink industry for the copious amount of sugar and high fructose corn syrup in soft drinks. In subsequent years, as the government imposed taxes on these beverages siting the lack of nutritional benefits and the great cost to the consumer and the health care industry, the ABA has fought attempts by stepping up their lobbying efforts. Read more »

18
Dec

Executive Compensation at the AMA (2022)

The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:

  • publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
  • maintain a code of medical ethics,
  • create and maintain physician data which is sometimes referred to as master files; and
  • update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.

Read more »

16
Dec

How Revenue is Spent at the AMA (2022)

The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:

  • publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
  • maintain a code of medical ethics,
  • create and maintain physician data which is sometimes referred to as master files; and
  • update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.

Read more »

14
Dec

Executive Compensation at the American Lung Association (2023)

The American Lung Association is a tax-exempt, non-profit 501 (c) (3) that focuses on preventing lung disease and improving lung health by providing program services (education and advocacy to the public (research grants comprise about 10% of expenses).

There are 16 independent voting members (directors) of the governing body although 18 are listed on the Form 990 (2023) due to timing differences;  11 of the 18 (61%) are male while 7 of the 18 (39%) are female. Read more »

12
Dec

Where Does $100 to the American Lung Association Go (2023)?

The American Lung Association (ALA) was established more than 100 years ago (1918) initially to fight tuberculosis but expanded its mission to improve lung health and preventing lung disease through research, education, and advocacy.

There are 16 independent voting members (directors) of the governing body although 18 are listed on the Form 990 (2023) due to timing differences;  11 of the 18 (61%) are male while 7 of the 18 (39%) are female.

Specifically, ALA works to “defeat” lung cancer, “improve” the air we breathe, “reduce” the burden of lung disease on individuals and families, and “eliminate” tobacco use and tobacco-related diseases. To do this, the organization relies on staff (558 people) so the organization is a non-profit (a 501 (c) (3)) that provides services rather than a non-profit that collects revenue to make grants for funding research (ALA only made $17 million in grants in 2023) for program assistance. Read more »