Executive Compensation at the Robin Hood Foundation (2021)
The Robin Hood Foundation (RHF) – a 501 (c) (3) based in New York City – is an organization that primarily awards grants to organizations fighting poverty by providing food, shelter, and healthcare and by helping people lift themselves out of poverty. They do this primarily by awarding grants (in 2021, the organization collected $140 million in revenue and awarded $172 million in grants) and reported $33 million in organization expenses (which is reportedly paid for by the 39 board members – an average of $850,000 each to fully cover operational expenses).
In 2021, RHF had 162 employees who were compensated $22 million, which equates to an average compensation of $135,000. However, only 75 employees received more than $100,000 in compensation. The 16 most highly compensated individuals were: Read more 
How Revenue is Spent at the Robin Hood Foundation(2021)
The Robin Hood Foundation (RHF) is not a “rob from the rich, give to the poor” organization although RHF is known for having a wealthy Board of Directors who financially support the organization so that donations can be used to help alleviate poverty in New York City. How does RHF do this? Primarily by providing grants to other non-profits who provide food, shelter and health services along with education so that people can lift themselves out of poverty.
In a sense, RHF is a “United Way” for non-profits in New York City whose focus is on poverty. They solicit grants, screen the organizations, and disburse donations in the form of grants. Unlike United Way, the RHF states “100% of your donation goes directly to our community partners” on the front page of their website (www.robinhood.org) because “our board pays for all administrative costs.” That’s an amazing claim, especially for donors who are interested in their dollars going as far as possible to help alleviate poverty in a city where 1 in 5 people are estimated to live in poverty. Read more
Executive Compensation at FMI
In the food industry, there is “The Food Industry Association” whose name was legally change to “Food Marketplace Inc” (FMI) – a non-profit, tax-exempt organization based in Arlington, Virginia whose mission, as a trade association, is to “represent, educate and improve the food industry.” Formerly called the Supermarket Institute (and the Food Industry Association, FMI represents an estimated 1,500 members who have 40,000 retail food stores, 25,000 pharmacies and an indeterminate number of suppliers and business partners within the food retail industry.
In a country flush with trade associations that raise hundreds of millions of dollars, FMI is small: they raise about $30 million annually ($26-$32 million annually over the most recent 7 year period) that comes primarily from two sources (membership dues and registration fees/exhibit fees, and sponsorships) and spend slightly less (primarily on compensation for the 91 employees, travel and conferences, fees for outside services, and office expenses). Read more
Executive Compensation at the American Beverage Association (2018)
The American Beverage Association is a Washington, DC-based non-profit 501 (c) (6) trade association representing America’s non-alcoholic beverage industry. Originally established in 1919 as the American Bottlers of Carbonated Beverages, the organization was renamed the National Soft Drink Association in 1966, when the soft drink market began growing rapidly in the USA.
In 2004, the organization’s name was changed to the American Beverage Association (ABA), which coincidently was about the time negative press was on the upswing calling out the soft drink industry for the copious amount of sugar and high fructose corn syrup in soft drinks. In subsequent years, as the government imposed taxes on these beverages siting the lack of nutritional benefits and the great cost to the consumer and the health care industry, the ABA has fought attempts by stepping up their lobbying efforts. Read more
Executive Compensation at the National Restaurant Association (2019)
The National Restaurant Association had a windfall of about $170 million in 2018 when they sold the “National Restaurant Association Show” to a unrelated private company Winsight, LLC – an information services company focused on the food and beverage industry. Consideration received included a promissory note (about $150 million) and an equity investment in Winsight, LLC. A sponsorship agreement provides annual royalty payments equal to 2% of the gross revenues of the show for 45 years, beginning in 2019. Read more
Executive Compensation at the National Restaurant Association (2018)
The National Restaurant Association (NRA) had a windfall of about $170 million in 2018 when they sold the “National Restaurant Association Show” to a unrelated private company Winsight, LLC – an information services company focused on the food and beverage industry. Consideration received included a promissory note (about $150 million) and an equity investment in Winsight, LLC. A sponsorship agreement provides annual royalty payments equal to 2% of the gross revenues of the show for 45 years, beginning in 2019.
The NRA is the largest food trade organization in the world. Governed by a Board of Directors comprised of 90 leaders (although the Form 990 indicates there are 71 independent board members with 74 listed (60 males and 14 females) because of timing differences) in the industry, the National Restaurant Association is a professional trade association, a tax-exempt non-profit organization based in Washington, DC. Read more
Executive Compensation at the National Confectioners Association
The National Confectioners Association (NCA) is tax-exempt, non-profit trade association (501 (c) 6) that promotes chocolate, candy, gum, and mints along with the companies that make these treats. Based in Washington, DC, the NCA focuses on 7 key areas:
- Public Policy and Government Affairs
- Scientific and Regulatory Affairs
- Industry Affairs and the Sweets & Snacks Expo
- International Business Development
- Meetings and Membership
- Public Affairs and Communications
- Administration and Finance
Executive Compensation at the National Grocers Association
The National Grocers Association (NGA) sounds like a big organization but, in reality, NGA is a small non-profit, tax-exempt trade association that represents independent supermarket operators across the country. This 501 (c) (6) typically raises about $7 million annually (primarily through convention/conference fees, membership dues and royalties) and spends slightly less (primarily on compensation, travel and conferences, and office expenses). At year-end 2017, NGA had $11 in net fund assets. Read more
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
Executive Compensation at the Food Marketing Institute
You’re not alone if you’ve never heard of the Food Marketing Institute (FMI) – a non-profit, tax-exempt organization based in Arlington, Virginia whose mission, as a trade association, is to “represent, educate and improve the food industry.” Formerly called the Supermarket Institute, FMI represents an estimated 1,500 members (40,000 retail food stores, 25,000 pharmacies and an indeterminate number of suppliers and business partners within the food retail industry).
In a country flush with trade associations that raise hundreds of millions of dollars, FMI is small: they raise about $30 million annually ($26-$32 million annually over the most recent five year period) that comes primarily from two sources (membership dues and registration fees/exhibit fees, and sponsorships) and spend slightly less (primarily on compensation for the 85 employees, travel and conferences, fees for outside services, and office expenses). Read more
