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10
Nov

Executive Compensation at Mercy Health (Wisconsin) 2023

Mercy Health (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 »

8
Nov

Executive Compensation at the San Diego Zoo (2023)

The Zoological Society of San Diego is more popularly known, and does business as the San Diego Zoo Wildlife Alliance (SDZWA).  A tax-exempt, non-profit conservation organization, and perhaps more widely known for the San Diego Zoo and the San Diego Zoo Safari Park, SDZWA is also known as one of the wealthiest zoos in the US with nearly $800 million in net assets. Read more »

6
Nov

How Revenue is Spent at the San Diego Zoo (2023)

The Zoological Society of San Diego is more popularly known, and does business as the San Diego Zoo Wildlife Alliance (SDZWA) but is often referred to as simply the San Diego Zoo.  Known as one of the wealthiest zoos in the country, the SDZWA has nearly $800 million in net assets (which was primarily accumulated by not spending as much as the organization raises).

A tax-exempt, non-profit conservation organization, SDZWA has been advertising in the Wall Street Journal trying to raise funds (total revenue dipped from $422 million in 2019 to $247 million in 2020  but then increased to $356 million in 2021, $392 million in 2022, and $411 million in 2023).

There are 12 independent voting members (trustees) of the governing body, 8 (75%) of whom are male while 3 (25%) are female (note:  The 990 does not report gender; determinations were made based on name and google searches). Read more »

4
Nov

How Donations are Used at Toys For Tots (2023)

Toys for Tots is one of the most well known organizations whose mission is to work with the US Marine Corp to collect new unwrapped toys and distribute those toys to economically disadvantaged children at Christmas time.  A non-profit, tax-exempt 501 (c) 3, Toys for Tots is legally known as Marine Toys for Tots Foundation but nearly everyone refers to the organization as “Toys for Tots.”

There are 13 voting members of the governing party, 12 of whom are independent. 9 of the 13 (69%) directors are male while 4 (31%) are female.

So, if you made a donation in 2023, where did it go?  It depends. If you donated a toy, then more than likely, a child received that toy. If you made a cash donation, then the funds were probably used to pay for organization expenses (i.e. compensation, office-related expenses, fees for services, etc) or to purchase toys. How do I know this? Because the Form 990 that Toys for Tots submitted to the IRS (2023) reports the following information: Read more »

2
Nov

15 Employees of Texas Christian University (TCU) Took Home Nearly $100 Million in Compensation

15 of the most highly compensated employees at Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) that has 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2023 took home nearly $100 million in compensation from 2017-2023 (note:  highly compensated employees in any of the years 2017-2022 but not in 2023 are not included (i.e.  Gary Patterson, the former football coach who received $45 million in compensation from 2017-2022): Read more »