Skip to content

Archive for

10
Dec

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 »

8
Dec

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 »

6
Dec

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 »

4
Dec

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 »

2
Dec

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 »