Executive Compensation at AARP (2022)
AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission: “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older. With an estimated 37 million members who pay $12-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. Read more 
How Revenue is Spent at AARP (2022)
AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission: “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older. With an estimated 37 million members who pay $12-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. However, membership dues are not the main source of AARP’s revenue and expenses are not dominated by member services. Instead, AARP relies primarily on royalties for revenue with expenses dominated by compensation and advertising/promotion,
Executive Compensation at Harvard (2022)
Harvard is a private teaching and research university with an acceptance rate at about 5% of applicants. Located in Boston, Massachusetts, Harvard has about 25,000 students (both undergraduate and graduate students). The annual tuition, room, board, and fees is about $85,000 which means a 4-year degree is about $340,000.
There are 13 voting members (Fellows) of the governing body, 10 of whom are independent, 8 of the 13 (62%) are male while 5 of the 13 (38%) are female.
In 2022, Harvard’s total revenue was $9.6 billion (compared to $9 billion in 2021 and $7 billion in 2020) with most of the income coming from 3 sources: investment income, gains, and royalties ($5.2 billion), contributions, gifts, and grants ($2.3 billion) and tuition, fees, and services ($1.8 billion). Expenses were $5.4 billion (not including $403 million in depreciation). At year-end, Harvard had $59 billion in net assets – a $2 billion decline over the previous year primarily due to $6 billion in unrealized losses on investments that were partially offset by the $4 billion in excess revenue over expenses in 2022. Read more
How Revenue is Spent at the American Federation of Teachers (2022)
The American Federation of Teachers (AFT) is the second largest teacher’s union (although membership is not limited to teachers) with 1.7 million members (after the National Education Association) in 3,000 local affiliates in the USA. A non-profit, tax-exempt 501 (c) (5), AFT is based in Washington, DC and is an affiliate of the AFL-CIO.
The most recent Form 990 (2021 for the year ending June 30, 2022) reports the following information about the AFT: Read more
Executive Compensation at the American Federation of Teachers (2022)
The American Federation of Teachers (AFT) is the second largest teacher’s union (although membership is not limited to teachers) with 1.7 million members (after the National Education Association) in 3,000 local affiliates in the USA. A non-profit, tax-exempt 501 (c) (5), the AFT is based in Washington, DC and is an affiliate of the AFL-CIO.
For the year ending June 30, 2022, AFT reported total revenue of $206 million (mostly from membership dues) and expenses of $190 million (with the unspent funds added to the general fund). The largest expense for the organization was compensation for the 354 employees who received $63 million, which equates to an average compensation of $178,000. However, only 205 employees (58%) received more than $100,000 in compensation. The 8 most highly compensated employees were reported to be: Read more
Executive Compensation at the National Retail Federation (2022)
The National Retail Federation (NRF) is a non-profit, tax-exempt 501 (c) (6) – a membership based trade association – whose mission is to “advance and protect the interests of the retail industry and to help retailers achieve excellence in all areas of their business.” That’s quite a mission, given the retail environment in this country. Retailers – both national chains and local – view an on-line presence a virtual requirement for survival.
Governed by 32 board members, 31 of whom are independent (36 are reported on the Form 990 due to timing differences; 27 are male while 9 are female), NRF is based in Washington, DC. Read more
Executive Compensation at Shriners Hospitals for Children (2022)
Shriners Hospitals for Children is a network of hospitals, medical and satellite centers, outpatient facilities, ambulatory surgery care centers, and outreach centersthat provide specialized pediatric care (orthopedics, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, all but 2 of the hospitals (Canada and Mexico) are located in the United States under two non-profit corporations:
- The Shriners Hospitals for Children (for 11 hospitals, 1 outpatient facility (Salt Lake City), 2 ambulatory surgery centers, and 4 clinics) – a Colorado corporation based in Tampa, Florida; and
- The Shriners Hospitals for Children (for 1 hospital and 1 outpatient facility in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.
Where Does $100 to Shriners Hospitals for Children Go (2022)?
Shriners Hospitals for Children is a network of hospitals, medical and satellite centers, outpatient facilities, ambulatory surgery care centers, and outreach centersthat provide specialized pediatric care (orthopedics, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, all but 2 of the hospitals (Canada and Mexico) are located in the United States under two non-profit corporations:
- The Shriners Hospitals for Children (for 11 hospitals, 1 outpatient facility (Salt Lake City), 2 ambulatory surgery centers, and 4 clinics) – a Colorado corporation based in Tampa, Florida; and
- The Shriners Hospitals for Children (for 1 hospital and 1 outpatient facility in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.
Executive Compensation at Shriners Hospitals for Children (2021)
Shriners Hospitals for Children is a network of hospitals, medical and satellite centers, outpatient facilities, ambulatory surgery care centers, and outreach centersthat provide specialized pediatric care (orthopedics, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, all but 2 of the hospitals (Canada and Mexico) are located in the United States under two non-profit corporations:
- The Shriners Hospitals for Children (for 11 hospitals, 1 outpatient facility (Salt Lake City), 2 ambulatory surgery centers, and 4 clinics) – a Colorado corporation based in Tampa, Florida; and
- The Shriners Hospitals for Children (for 1 hospital and 1 outpatient facility in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.
Executive Compensation at the NRA (2022)
The National Rifle Association of America (NRA) is a non-profit 501 (c) (4) organization or what many people refer to as an membership advocacy organization that fights tirelessly for our second amendment rights and pays their executives very well while also paying for first class or charter travel.
The most recent IRS Form 990 (2022) reports the organization employed 507 individuals (compared to 521 in 2021, 640 in 2020 and 770 in 2019) who were compensated nearly $48 million, which equates to an average compensation of nearly $95,000. 119 employees (compared to 92 in 2021, 107 employees in 2020 and 149 employees in 2019) received more than $100,000 in compensation while the 16 most highly compensated key executives received nearly $8 million in 2022: Read more
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