Skip to content

Archive for

31
May

Executive Compensation at the National Basketball Players Association (2024)

The National Basketball Players Association (NBPA) is a tax-exempt, non-profit 501 (c) 5 – a trade union representing the 450 basketball players (30 teams with 15 players) in the NBA. So, this association – by some very highly compensated employees (the most highly compensated employee received $2.3 million in 2024) – serves a very small population. Read more »

29
May

22 Employees of Columbia University Take Home $248 Million in Compensation

22 of the most highly compensated employees in 2024 of Columbia University – a private, Ivy League research University based in New York City, New York that raises about $7 billion a year (including more than $1.3 billion from government grants) and has $19.7 billion in net assets – received $248 million from 2017-2024 (note: highly compensated employees in any of the years 2017-2023 but not in 2024 are not listed including Peter Holland who received $33 million from 2017-2023): Read more »

27
May

Executive Compensation at Columbia University (2024)

Columbia University (Columbia) reported a very different year in 2023:  after coming off a record year in 2022 when revenue reached an all time high ($7.1 billion) with expenses of  $5.9 billion (including $300 million of depreciation), Columbia reported total revenue of $6.7 billion and expenses of $6.4 billion (including $300 million in depreciation) in 2023, which was topped in 2024 when Columbia reported total revenue of $7.3 billion and $6.8 billion in expenses (including $327 million in depreciation).  As a result and because of unrealized gains on investments, Columbia reported an increase of net assets from $18.4 billion in 2022 to $19.8 billion in 2024.

In terms of compensation, 41,227 employees (up by 4,000 since 2022) were compensated $4.2 billion, which equates to an average compensation of $102,000. The 24 most highly compensated individuals (listed below) received $45 million in 2024 which equates to an average compensation package of $1.9 million: Read more »

25
May

12 Employees at the American Medical Association (AMA) Took Home $92 Million in Compensation

The 12 most highly compensated employees in 2024 of the American Medical Association (AMA) – a non-profit 501 (c) (6) – a professional association and the largest association of physicians – received $92 million in compensation from 2015-2024 (note:  highly compensated employees in any of the years 2015-2023 but not in 2024 are not included in the list below): Read more »

23
May

Executive Compensation at the American Medical Association (AMA) 2024

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 »

21
May

How the AMA Spends Revenue (2024)

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 »

19
May

Executive Compensation at the University of Miami (2024)

The University of Miami (UM) is a private research university with about 20,000 students (13,000 undergrads and 7,000 graduate and medical students) in .

Approximately 58,000 undergraduate students apply annually; 18% or about 10,000 are accepted, and about 2,500 choose to attend.  Annual tuition, room and board is about $96,000 or about $384,000 for a 4-year degree.

When analyzing colleges and universities generally, there are 6 key numbers to look at: Read more »

17
May

13 Executives at Geisinger Take Home $121 Million in Compensation

13 of the most highly compensated employees of Geisinger Health in 2024 (a large integrated healthcare system with an estimated 24,000 employees working in 10 hospitals and numerous medical care facilities that primarily serve the central and northeastern Pennsylvania region.  Acquired by Risant Health, Geisinger is now a part of Kaiser Permanente, who counts Risant Health as a subsidiary), received $121 million in compensation from 2018-2024: Read more »

15
May

Executive Compensation at Geisinger (2024)

Geisinger is a large integrated healthcare system with an estimated 24,000 employees working in 10 hospitals and numerous medical care facilities that primarily serve the central and northeastern Pennsylvania region.  Acquired by Risant Health, Geisinger is now a part of Kaiser Permanente (who counts Risant Health as a subsidiary).

In 2024, Geisinger was made up of many organizations:  54 tax-exempt entities, 10 taxable partnerships, and 15 taxable corporations or trusts.  These organizations contribute to an organization called Geisinger System Services who provides overall management services to the organizations that makeup Geisinger Health.  In 2024, these organizations paid more than $800 million to Geisinger System Services, who spent about half of that revenue on compensation ($415 million), office-related expenses ($167 million), and fees for outside services ($154 million). Read more »

13
May

42 Employees at Mass General Brigham Take Home $309 Million in Compensation

Mass General Brigham (formerly known as Partners HealthCare) is a non-profit, tax-exempt healthcare provider with 16 member institutions that include hospitals, medical centers, urgent and emergency care facilities, community health centers, physician and rehabilitation networks, a teaching organization, health insurance plan, and more in the Boston area who changed its name to Mass General Brigham (taking the name of two premier hospitals: Massachusetts General and Brigham and Women’s) in November, 2019.

With 92,000 employees (including 6,500 physicians and 9,100 registered nurses), Mass General Brigham is the largest private employer and healthcare provider in Massachusetts. The Mass General Brigham healthcare network has dozens of related and affiliated tax-exempt organizations and several taxable as a corporation, partnership, or trust (see Schedule R of the Form 990’s). Read more »