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Posts from the ‘An/Ag/Env’ Category

28
Mar

Executive Compensation at the US Poultry and Egg Association

The US Poultry & Egg Association (US Poultry) is a tax-exempt, non-profit 501 (c) (5) – a trade association – that represents producers and slaughters of chicken, turkey, duck, breeding stock, and eggs along with allied companies that work in the industry.  With affiliates in 27 states, US Poultry is one of the largest poultry trade associations in the country.

US Poultry has 26 independent voting members in its governing body, 24 (92%) of whom are male while 2 (8%) are female. Read more »

14
Feb

Executive Compensation at the American Farm Bureau Federation

The American Farm Bureau Federation (AFBF) is a tax-exempt, non-profit 501 (c) 5 – an agricultural organization – that is also known as Farm Bureau Insurance, Farm Bureau, Inc. and simply Farm Bureau.  Based in Washington, DC, AFBF is an insurance company (although the income statement does not report insurance premium revenue) and lobbying group representing the interests of the American agricultural industry with memberships starting at $25 annually.

AFBF is governed by 34 voting members (directors) of a governing body, 33 of whom are independent, although the most recent Form 990 (2019) lists 38 directors (due to timing differences) who receive $0 – $522,000 annually.  36 of the 38 (94%) directors listed are male while 2 of the 36 (6%) are female. Read more »

28
Dec

Executive Compensation at The Jackson Laboratory (2019)

Unless you’re in medical research or read the New Yorker, you may not have heard of The Jackson Laboratory (JAX) – an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders.  In addition, JAX has an affiliated research lab organization in Japan and China (Shanghai). Read more »

26
Dec

How Revenue is Spent at The Jackson Laboratory (2019)

The Jackson Laboratory (JAX) is an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) in the US and two overseas in Japan and China that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders. Read more »

10
Nov

Executive Compensation at the World Wildlife Fund (2020)

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries with 651 staff in 32 foreign offices).

There are 23 voting members (directors) on the governing body (board of directors), 22 of whom are independent.  The Form 990 (2019) lists 25 board members (which appears to be due to timing differences), 15 (60%) of whom are male while 10 (40%) are female (note: the form 990 does not report gender identity. Conclusions were made based on name and google searches). Read more »

8
Nov

Where Does $100 to the World Wildlife Fund Go (2020)?

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries).

There are 23 voting members (directors) on the governing body (board of directors), 22 of whom are independent.  The Form 990 (2019) lists 25 board members (which appears to be due to timing differences), 15 (60%) of whom are male while 10 (40%) are female (note: the form 990 does not report gender identity. Conclusions were made based on name and google searches). Read more »

16
Oct

Executive Compensation at Dairy Management, Inc. (2018)

Dairy Management Inc (DMI) is the big organization that most people haven’t heard of because unless you’re a dairy farmer, work in the dairy industry, or work in the corporate offices of Pizza Hut, Taco Bell, or KFC, you would have no reason to know that this non-profit, tax-exempt 501 (c) (6) is the most powerful non-profit dairy organization in the country.

Considered a “check-off” program authorized by Congress but responsible to their members, DMI’s mission is to increase consumption of dairy products by finding more ways to get dairy products to the public including assisting fast food companies with menu items. Read more »

6
Jul

How Revenue is Spent at the World Wildlife Fund (2019)

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries).

The most recent IRS Form 990 (2018) reports financial information about the organization for the year beginning July 1, 2018 and ending June 30, 2019 (hereafter referred to as 2019).  A 501 (c) (3), WWF reports the following information on revenue, expenses, grants, assets, liabilities, and the organization’s net fund balance. Read more »

5
May

Executive Compensation at the World Wildlife Fund (2019)

The World Wildlife Fund (WWF) is one of the most recognized conservation groups in the world. A 501 (c) (3) based in Washington, DC (but with offices worldwide), WWF has 636 employees who received total compensation of $97 million in 2019, which equates to an average compensation of $153,000, according to the organization’s IRS Form 990. However, only 240 individuals received more than $100,000 in compensation, with the 13 most highly compensated listed below: Read more »

1
Apr

Executive Compensation at the National Geographic Society

When we think of the National Geographic Society (NGS), we often think of the magazine, which according to my childhood friends, was the first magazine they could look through to see naked people. But, the National Geographic Society is so much more than just the magazine. In their own words, they “identify and invest in an international community of explorers:  leading scientists, educators, storytellers, conservationists, technologists, and many other change makers who help us define some of the critical challenges of our time….”

The NGS is a tax-exempt non-profit 501 (c) 3 organization based in Washington, DC that primarily relies on investment income (gains on the sale of investments, dividends, interest, etc), royalties, and contributions for revenue.  With $1.4 billion in net assets, NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $30 million annually) are not enough. Read more »