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Posts from the ‘Non-Profits’ Category

3
Apr

Executive Compensation at Geisinger

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 2023, Geisinger was made up of many organizations:  20 tax-exempt entities, 11 taxable partnerships, and 13 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 2023, these organizations paid nearly $800 million to Geisinger System Services, who spent most of that revenue on compensation ($404 million), office-related expenses ($160 million), and fees for outside services ($150 million). Read more »

1
Apr

Executive Compensation at the Heritage Foundation (2023)

The Heritage Foundation (Heritage) is a non-profit, tax-exempt organization staffed by conservative “experts” who provide advice on political, economic, social, and financial problems in the United States, and published Project 2025 – “a roadmap for how to replace the rule of law with right-wing ideals,” according to the ACLU.

Based in Washington, DC, Heritage is governed by 17 voting members, of whom 16 are independent,  13 of the 17 (76%) are male while 4 of the 22 (24%) are female.

Heritage raises about $100 million annually, has historically spent less (usually about 70-80% although this was not the case in 2023) and has consequently accumulated $348 million in net assets by the end of 2023.

Read more »

30
Mar

Where Does $100 to the Heritage Foundation Go (2023)?

The Heritage Foundation (Heritage) is a non-profit, tax-exempt organization staffed by conservative “experts” who provide advice on political, economic, social, and financial problems in the United States. Based in Washington, DC Heritage raises about $100 million annually, spends less than they raise and therefore has about $330 million in net fund assets.  Specifically, Heritage is well known for publishing Project 2025 – a controversial “roadmap for how to replace the rule of law with right-wing ideals” according to the ACLU.

There are 17 voting members of the governing body, 16 of whom are independent of which 13 (76%) are male while 4 (24%) are female. Read more »

28
Mar

Executive Compensation at the National Association of Home Builders

The National Association of Home Builders (NAHB) is a trade association – a 501 (c) 6 – that represents the home building industry.  With an estimated 140,000 members among 700 sate and local associations, NAHB is based in Washington, DC and has 76 voting members on its governing board, 71 of whom are independent (although 125 directors are listed on the 2023 Form 990;  111 (89%) of whom are male while 14 (11%) are female). Read more »

26
Mar

How the National Association of Home Builders Spends Revenue

The National Association of Home Builders (NAHB) is a trade association – a 501 (c) 6 – that represents the home building industry.  With an estimated 140,000 members among 700 sate and local associations, NAHB is based in Washington, DC and has 76 voting members on its governing board, 71 of whom are independent (although 125 directors are listed on the 2023 Form 990;  111 (89%) of whom are male while 14 (11%) are female). Read more »

24
Mar

40 Employees at Mass General Brigham Received $240 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 an estimated 90,000 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 »

22
Mar

Executive Compensation at Mass General Brigham (2023)

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 an estimated 82,000 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 »

20
Mar

Executive Compensation at Mass General Brigham (2022)

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 an estimated 82,000 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 »

16
Mar

Executive Compensation at Endeavor Health (2023)

In 2022, Endeavor Health united 8 regional hospitals and 300 care centers across Chicago through NorthShore, Edward-Elmhurst Health, Northwest Community Healthcare, and Swedish Hospital creating the third largest healthcare system in the State of Illinois.  With more than 27,000 employees, Endeavor Health is made up of 19 tax-exempt organizations, 9 organizations taxable as partnerships, and 12 organizations taxable as corporations or trusts. Read more »

14
Mar

Executive Compensation at Ascension Health (2023)

Ascension Health is the nation’s largest Catholic non-profit health system with 140 hospitals, 2,600 sites of care, and 39 senior living facilities in 19 states and the District of Columbia. The sole corporate member of Ascension Health is Ascension Health Alliance, a Missouri non-profit 501 (c) (3).  In addition, there is Ascension Health -IS, Inc who provides information technology support to the network organizations.   Consequently, there are three separate IRS Form 990’s that need to be viewed to gain an understanding of the executive compensation. Read more »