Where Does $100 to Homes For Our Troops Go (2024)?
Homes For Our Troops provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner). Although the veteran pays no mortgage, Homes For Our Troops places a 10-year lien on the home to protect the veteran from losing the home due to a home equity loan foreclosure and safeguards donor contributions to the program. In addition, it provides a period of time for the family to become more financially stable. Beginning in year 6, the veteran accrues 20% equity per year until year 10. After 10 years in the home, the veteran owns the home. Read more 
Where Does $100 to Homes For Our Troops Go (2023)?
Homes For Our Troops provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner).
Homes For Our Troops is a tax-exempt, non-profit 501 (c) (3) established in 2004 in Massachusetts “to build and donate specially adapted custom homes nationwide for severely injured post-9/11 veterans to help them rebuild their lives.” Over the past 19 years (2004-2023), 375 homes (an average of 20 custom homes annually) have been built for veterans who have “sustained injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI).” Read more
How Donations are Used at Toys For Tots (2024)
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 15 voting members of the governing party, 14 of whom are independent. 11 of the 15(73%) directors are male while 4 (27%) are female.
So, if you made a donation in 2024, 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 (2024) reports the following information: Read more
How Revenue is Spent at Paralyzed Veterans of America (2024)
The Paralyzed Veterans of America (PVA) is a non-profit, tax-exempt 501 (c) 3 based in Washington, DC (although the organization has 73 offices and 34 chapters throughout the country). Established in 1947, PVA has a core mission of vets serving vets, funding spinal cord research, and advocating for disability rights, according to their website. So, the question most donors want to know is: How much of my donation goes to the organization’s core mission? The answer: about 57% in 2024 with 35% spent on a marketing, publications, and advertising (note: PVA spent $92 for every $100 in revenue received in 2024).
Key financial information reported by PVA to the IRS on the Form 990 (for the year ending June 30, 2024) include the following: Read more
22 Employees of Advent Health Take Home $186 Million in Compensation
22 of the most highly compensated employees of AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 16 organizations taxable as partnerships, and 21 organizations taxable as a corporation or trust) received $186 million in compensation from 2016-2023 (with several employees only recently joining the organization, which means the highly compensated employees employed in any of the years from 2016-2022 but not in 2023 are not included – including Daryl Tol who received $13 million from 2016-2022, Michael Schultz who received $12 million from 2016-2022, and Eddie Soler who received $10 million from 2016-2022 – which means the total amount would be even higher if all the most highly compensated employees were included): Read more
Executive Compensation at Advent Health (2023)
AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 16 organizations taxable as partnerships, and 21 organizations taxable as a corporation or trust.
This post looks at the executive compensation at Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to the affiliates. It is important to note there are dozens of other related and affiliated non-profits and for profit organizations related to AdventHealth that are not covered in this post. Read more
How Revenue is Spent at Hippocrates Health Institute (2023)
The Hippocrates Health Institute (HHI) is a tax-exempt, non-profit 501 (c) (3) that operates out of a 55-acre tropical setting in West Palm Beach, Florida that provides educational and instructional services to teach individuals how to live and eat healthier. Specifically, HHI has been operating since 1987 and focuses on “transforming and optimizing health” through a vegan diet that emphasizes the benefits of raw food. The cause is noble and commendable but the price to attend (estimated at about $5,000 per week) is not.
Key issues both historically and currently include the following: Read more
10 Employees at the US Chamber of Commerce Took Home $117 Million in Compensation
10 of the most highly compensated employees at the US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America, the US Chamber of Commerce is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC) in 2023 took home $117 million in compensation from 2017-2023: Read more
Executive Compensation at the US Chamber of Commerce (2023)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $197 million in 2022 (compared to $210 million in 2022, $204 million in 2021, $230 million in 2020 and $173 million in 2019), primarily from contributions, gifts and grants with only $4 million coming from membership dues).
Expenses totaled $207 million, with the largest expense reported to be compensation ($106 million), followed by fees for services ($42 million), office-related expenses ($20 million). A $5 million adjustment to net assets allowed the organization to close the year with $86 million in net assets (compared to $81 million at the beginning of the year). Read more
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