Executive Compensation at the NCAA (2022)
The National Collegiate Athletic Association (NCAA) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.
There are 9 independent board members of the governing party, although 27 are listed on the Form 990 (2021 for the year ending August 31, 2022)- due to timing differences; 16 of the 27 (59%) board members are male while 11 of the 27 (41%) are female. Read more 
How Revenue is Spent at the NCAA (2022)
The National Collegiate Athletic Association (NCAA) is the most well known non-profit, tax-exempt organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.
The NCAA raises about $1 billion annually (except in 2020 when revenue dropped to about $500 million due to COVID) and it may surprise you to learn the number one source of revenue for this 501 (c) (3) is television rights fees (about 80% of revenue). Read more
Executive Compensation at Prisma Health
Prisma Health is a tax-exempt, non-profit healthcare provider (the largest) in South Carolina. With nearly 30,000 employees, 18 acute and speciality hospitals with 2,800 licensed beds, and 320 practice sites, Prisma Health serves more than 1.5 million patients in 21 counties that cover 50% of South Carolina.
Based in Greenville, SC, Prisma consists of 7 tax-exempt organizations, 1 taxable partnership, and 6 organizations taxable as a corporation or trust. This post addresses the executive compensation at Prisma Health (Prisma), a tax-exempt corporation that derives most of its revenue from investment income, government grants, and gains on the sale of businesses, and appears to be the management entity of the entire system. Read more
Executive Compensation at the American Heart Association (2022)
The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support that raises about $800 million annually and has more than $1.1 billion in net assets.
By most accounts, this organization is a magnet for public contributions and an expert at raising and saving money. But, are they accomplishing their mission, which is to build healthier lives, free of cardiovascular disease and stroke (especially with hundreds of recipes on their website calling for eggs, dairy products, beef, poultry, pork – including bacon, a Type 1 carcinogen according to the World Health Organization, oil, sugar and white flour)? With heart disease the number one cause of death in the United States for decades, one has to wonder if all the contributions to the AHA are really helping to prevent and reverse heart disease? Read more
How Revenue is Spent at the American Heart Association (2022)
The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support (although the past few years (2018-2020) were not great years for the organization with total revenue down 12% in 2019 to $746 million (compared to $852 million in 2018) and down 6% to $700 million in 2019-2020).
But, 2021 was a seemingly brighter year for the AHA with total revenue reported to be $804 million and in 2022, total revenue was $856 million. That the AHA has more than $1.1 billion in their net fund balance is also noteworthy. How did they do this? Primarily by not spending as much as they raised (over the past few years, AHA has added more than $100 million annually to the general fund). Read more
Executive Compensation at Intermountain Healthcare (2022)
Intermountain Healthcare refers to a large healthcare system (33 hospitals and nearly 400 clinics) based in Salt Lake City, Utah. Although there are numerous organizations under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc. – both of whom operate out of the same office. Read more
Executive Compensation at Carle Health Care, Carle Foundation Hospital, and Carle Foundation (2022)
Carle Health is a vertically integrated healthcare system (health insurance, medical care, education, and research) with 8 hospitals and group practices that employ more than 1,300 physicians and nearly 17,000 workers in Illinois, Indiana, Washington, and North Carolina. Carle Health also encompasses a medical school (Carle Illinois College of Medicine at Methodist College) and a research Institute (Stephens Family Clinical Research Institute). Read more
Executive Compensation at the American Red Cross (2022)
When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.
Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2009 to address reforms to the organization. Read more
How Revenue is Spent at the American Red Cross (2022)
When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.
Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2007 to address reforms to the organization. Read more
Executive Compensation at Mount Sinai (2022)
Mount Sinai Hospital (MSH) is part of the Mount Sinai Health System (MSHS) – a network of 8 hospitals and a medical school formed in 2013 when the operations of Mount Sinai Medical Center and Continuum Health Partners merged. MSHS is the controlling entity or the affiliated organization – both non-profit and for profit – in the network. Headquartered in New York City, NY, MSHS has about 4,000 beds and 43,000 employees, with nearly 20,000 of them employed by the Mount Sinai Hospital.
Key information to know about Mount Sinai Hospital (MSH), as reported on the Form 990 (2022) submitted to the IRS includes: Read more
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