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Posts by Anne Paddock

26
Aug

Executive Compensation at Specialty Food Association, Inc.

The Specialty Food Association (SFA) is a non-profit, tax-exempt 501 (c) (6) – a trade association – that represents about 3,500 specialty food companies. The organization owns and produces the Fancy Food Shows – a winter (California) and summer (New York) specialty food convention that showcases new and established products and services in the food industry.

The SFA generally raises about $30 million annually, most of which comes from trade shows (Fancy Food Shows). Expenses (primarily compensation and convention fees) have historically been a few million dollars less than revenue which has allowed the SFA to accumulate $55 million by year-end 2017 (according to the Form 990 submitted to the IRS).

65 employees received $8.8 million in compensation, which equates to an average compensation of $135,300.  However, only 20 employees received more than $100,000 with the 11 most highly compensated employees reported to be: Read more »

24
Aug

Executive Compensation at Hippocrates Health Institute (2017)

The Hippocrates Health Institute (HHI) – a non-profit tax-exempt 501 (c) (3) that operates out of a 50-acre tropical setting in West Palm Beach, Florida – provides educational and instructional services to teach individuals how to live and eat healthier for a fee (referred to as “program service revenue”). HHI is not a charitable organization that relies on donations; instead HHI relies on  program service revenue paid by those who choose to enroll and/or attend the Institute.

In 2017, HHI raised $17.5 million (which is about the same as the previous year) – primarily through program service revenue (most attendees come for 1-3 weeks and spend about $2,500-$3,000 per week) – and spent $15.7 million (not including $1 million in depreciation): Read more »

22
Aug

Executive Compensation at Mercy Health (Chesterfield, MO)

Mercy Health is one of the largest US health systems with more than 40 hospitals, 900 physician practices and outpatient facilities serviced by 45,000 employees in Missouri, Oklahoma, Kansas, and Arkansas.  In addition, Mercy Health has clinics, outpatient service and outreach ministry in Arkansas, Louisiana, Mississippi and Texas.

Read more »

20
Aug

Executive Compensation at the National Cattlemen’s Beef Association (2017)

The National Cattlemen’s Beef Association (NCBA) is a tax-exempt 501 (c) (6) – a “business organization” – whose purpose is to increase demand and profits for cattle and beef producers. To do this, members (many of whom are cattle owners) pay dues (based on the number of heads of cattle) starting at $150 to over $2,000 annually (although each cattle owning member has only 1 vote no matter how many head of cattle he/she owns).  In addition, the NCBA also has non-voting members who pay $50-$200 annually to belong to the association. Read more »

18
Aug

Where Does $100 to United Way Go (2018)?

United Way is one of the most recognizable charitable organizations in the United States and throughout the world.  In the United States, “United Way” generally refers to United Way Worldwide (formerly United Way of America) and/or one of the 1,800 local offices in 40 countries and territories that operate as separate 501 (c) (3)’s. United Way Worldwide is the leadership and support organization for the whole United Way network. Each organization collects funds and makes grants to local organizations, and also contributes a portion of the revenue collected to United Way Worldwide to support operations. Read more »

16
Aug

Executive Compensation at Young Life

Young Life is a non-profit, tax-exempt 501 (c) (3) based in Colorado Springs, CO that is engaged in “introducing adolescents to Jesus Christ and helping them grow in their faith” through weekly club meetings, small group bible studies, nationwide camping programs, short-term missions, and student exchange programs. Consequently, Young Life is a staff intensive organization with nearly 5,882 employees in 2019. Read more »

14
Aug

Where Does $100 to Young Life Go?

Young Life is a non-profit, tax-exempt 501 (c) (3) based in Colorado Springs, CO that is engaged in “introducing adolescents to Jesus Christ and helping them grow in their faith” through weekly club meetings, small group bible studies, nationwide camping programs, short-term missions, and student exchange programs. Consequently, Young Life is a staff intensive organization (with nearly 6,000 employees).

In trying to understand how Young Life spent every $100 in revenue received in 2019, it is important to review the Form 990 (2018 for the year ending September 30, 2019) that reports key information about the organization: Read more »

12
Aug

Executive Compensation at NPR

NPR (National Public Radio) is a non-profit, tax-exempt 501 (c) (3) organization that serves as a national syndicator to about 800 public radio stations through its member stations. Headquartered in Washington, DC, NPR strives to keep the public informed of events, ideas, and cultures through its programming.

In 2018, NPR raised about $250 million, primarily from program services  and contributions, gifts, and grants. Expenses totaled $235 million (not including $10 million in depreciation) with the largest expense being compensation. 1,283 employees were compensated $144 million, which equates to an average compensation of $112,000. However, only 492 employees (38% of total employees) received more than $100,000.

The 30 most highly compensated employees were reported to be: Read more »

10
Aug

Where Does $100 to NPR Go?

NPR (National Public Radio) – the radio station that people love to love – is a non-profit, tax-exempt 501 (c) (3) organization that works with its member stations to foster a more informed public by providing a deeper understanding of events, ideas, and cultures.

Based out of Washington, DC, NPR is also noteworthy for its on air fundraising although most people would be surprised to learn that public support in the form of contributions, gifts, and grants is not the number one source of revenue. Instead, program service revenue (station programming fees, digital media sponsorships, membership dues from member stations, distribution, and digital services) is the primary source of revenue for NPR followed by contributions, gifts, and grants. Read more »

8
Aug

Where Does $100 to PBS Go?

The Public Broadcasting System (PBS) is a non-profit, tax-exempt 501 (c) (3) television program distributer and broadcaster of educational television content (about 1,500 hours in 2018) through its 153 member public television licensees.

PBS is funded primarily from membership dues and contributions, gifts, and grants. The following information is noteworthy:

In 2018, PBS reported total revenue of $539 million. However, $178 million were non-cash contributions of donated broadcast rights which means total cash revenue was $361 million from: Read more »