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30
Jun

15 Executives at the NCAA Received $70 Million in Compensation

15 executives at the NCAA (The National Collegiate Athletic Association) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions) received $70 million in compensation from 2017-2023 (note:  does not include highly compensated employees in any of the years 2017-2022 but not in 2023; for example, Donald Remy, the former COO and a highly compensated employee in the years 2017-2022 but not in 2023, received $11 million in compensation from 2017-2022): Read more »

28
Jun

Executive Compensation at the NCAA (2023)

The National Collegiate Athletic Association (NCAA) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

There are 9 independent board members of the governing party, although 12 are listed on the Form 990 (2022 for the year ending August 31, 2023) – due to timing differences;   6 of the 12 board members are male while 6 of the 12  are female. Read more »

26
Jun

How Revenue is Spent at the NCAA (2023)

The National Collegiate Athletic Association (NCAA) is the most well known non-profit, tax-exempt organization focused on college sports in the US. With 1,100 member colleges and universities  in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

The NCAA raises about $1 billion annually (except in 2020 when revenue dropped to about $500 million due to COVID) and it may surprise you to learn the number one source of revenue for this 501 (c) (3) is television rights fees (about 80% of revenue).   Read more »

24
Jun

14 Executives at Wounded Warrior Received $24 Million in Compensation

The 14 most highly compensated employees at Wounded Warrior Project (a tax-exempt non-profit charitable organization with $450 million in net assets focused on rebuilding the lives of wounded veterans that was established in 2003 and is headquartered in Jacksonville, Florida with about 1,000 employees) received $24 million in compensation from 2018-2024 (note:  highly compensated employees in 2018-2023 but not in 2023 are not included in the list below): Read more »

22
Jun

Executive Compensation at Wounded Warrior (2024)

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 1,000 employees. A 501 (c) (3) charitable organization, their mission is to “honor and empower wounded warriors.”

There are 14 independent voting members (directors) of the governing body although 16 are listed on the most recent Form 990;   8 directors are male and 8 are female. Read more »

20
Jun

18 Employees at Northwell Health Received $213 Million

18 of the most highly compensated employees at Northwell Healthcare, Inc  (a non profit tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health – one of New York’s largest healthcare providers with 21 hospitals and nearly 900 outpatient facilities with more than 85,000 employees across the network, which includes 133 tax-exempt organizations, 28 taxable partnerships, and 50 organizations taxable as a corporation or trust for a total of 211 organizations) received $213 million in compensation from 2015-2023 (note:  highly compensated employees in any of the years from 2015-2022 but not in 2023 are not included): Read more »

18
Jun

Executive Compensation at Northwell Health (2023)

Northwell Health is New York’s largest healthcare provider with 21 hospitals and nearly 900 outpatient facilities with more than 85,000 employees across the network (which includes 133 tax-exempt organizations, 28 taxable partnerships, and 50 organizations taxable as a corporation or trust) for a total of 211 organizations.

The focus of this post is on the executive compensation of Northwell Healthcare, Inc. (NHI), a non-profit, tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health.  This means the primary source of income for NHI is the revenue the affiliated organizations give, which amounted to $2.2 billion in 2023 (out of $2.5 billion in total revenue).  In other words, the organizations that make up Northwell Healthcare paid $2.2 billion to a related organization to manage themselves.

Expenses for NHI totaled $1.9 billion (not including $264 million in depreciation) with the largest expenses reported to be compensation ($1.1 billion), office-related expenses ($336 million), purchased services and fees for services ($275 million), and interest ($90 million). Read more »

16
Jun

Where Does $100 to Wounded Warrior Go (2024)?

The Wounded Warrior Project is one of the most well-known non-profit charitable organizations focused on rebuilding the lives of wounded veterans. Established in 2003, the Wounded Warrior Project is a non-profit, tax-exempt 501 (c) (3) charitable organization whose stated mission is to “honor and empower wounded warriors.”

Most donors want to know how their donations are spent.  If you gave $100 to the Wounded Warrior Project in 2024, the short answer is the organization spent $97 for every $100 raised in 2024 with revenue spent on five major categories:   Read more »

14
Jun

Executive Compensation at the Smithsonian (2023)

The Smithsonian is one of the most well-known museums in the world but you may not know that the Smithsonian is the world’s largest museum and research complex with 21 museums (9 of which are on the National Mall in Washington, DC, an additional 10 in the DC metropolitan area and 2 in New York City, plus the National Zoo, also in DC and the Smithsonian Gardens, also in DC), and 14 education and research centers. Collectively, these sites are the Smithsonian Institution, a 501 (c) (3), based in Washington, DC. Read more »

12
Jun

How the Smithsonian Spends Revenue (2023)

The Smithsonian is one of the most well-known museums in the world but you may not know that the Smithsonian is the world’s largest museum and research complex with 21 museums (9 of which are on the National Mall in Washington, DC, an additional 10 in the DC metropolitan area and 2 in New York City, plus the National Zoo, also in DC and the Smithsonian Gardens, also in DC), and 14 education and research centers. Collectively, these sites are the Smithsonian Institution, a 501 (c) (3), based in Washington, DC.

The most recent IRS Form 990 (2022) for the year ending September 30, 2023 reports the following key information: Read more »