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Posts from the ‘Non-Profits’ Category

16
Sep

Executive Compensation at Northwell Health (2020)

Northwell Health is New York’s largest healthcare provider with 22 hospitals and 750 outpatient facilities with more than 85,000 employees across the network (which includes many organizations).

The focus of this post is on the executive compensation of Northwell Healthcare, Inc. (NHI), a non-profit, tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health.  This means the primary source of income for NHI is the revenue the affiliated organizations give, which amounted to $1.6 billion in 2020 (out of $1.8 billion in total revenue).

Expenses for NHI totaled $1.6 billion (not including $163 million in depreciation) with the largest expenses reported to be compensation ($826 million), office-related expenses ($327 million), purchased services and fees for services ($306 million), and interest ($94 million). Read more »

14
Sep

Executive Compensation at Baycare Health (2021)

Baycare Health System is one of the largest healthcare systems in Florida.  Headquartered in Clearwater with 16 hospitals, 18 urgent care centers, 4 surgery centers, 38 imaging facilities, 179 primary care and physician practice locations, and 35 walk-in health care facilities in Publix supermarkets throughout Tampa Bay and West Central Florida, Baycare Health System serves the Tampa Bay and western-central regions of Florida.

Baycare Health System consists of dozens of other organizations (i.e. tax-exempt organizations, taxable partnerships, corporations, and trusts), who pay a “management fee” to a tax-exempt, non-profit entity called “Baycare Health Systems, Inc” (BHSI).  BHSI manages the whole system.  This post reports the executive compensation of BHSI only (see the other Form 990’s for executive compensation of other related/affiliated entities). Read more »

12
Sep

Executive Compensation at Ascension Health (2021)

Ascension Health is the nation’s largest Catholic non-profit health system with 139 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).  Consequently, there are two separate IRS Form 990’s that need to be viewed to gain an understanding of the executive compensation.  There are numerous other organizations within Ascension Health but those are not covered in this post. Read more »

10
Sep

Executive Compensation at America’s Health Insurance Plans (2021)

America’s Health Insurance Plans (AHIP) is a tax-exempt, non-profit 501 (c) 6 – a trade organization – representing health insurance companies that profit coverage through employers, Medicare Advantage, Medicaid managed care, and open market plans that provide individual coverage. A political advocacy group to represent health insurer’s best interests AHIP has been in the news recently because insurers are balking at consumer demand for more transparency on claim denials and health coverage.  Given that people paying premiums to the insurance companies ultimately fund membership in AHIP, they have a point.

AHIP is overseen by 33 voting members of the governing body, 32 of whom are independent.  29 of the 33 (88%) board members are male while 4 (12%) are female. Read more »

8
Sep

How America’s Health Insurance Plans Spends Revenue (2021)

America’s Health Insurance Plans (AHIP) is a tax-exempt, non-profit 501 (c) 6 – a trade organization – representing health insurance companies that provide coverage through employers, Medicare Advantage, Medicaid managed care, and open market plans that provide individual coverage. A political advocacy group to represent health insurer’s best interests, AHIP has been in the news recently because insurers are balking at consumer demand for more transparency on claim denials and health coverage. Read more »

6
Sep

How Revenue is Spent at Turning Point USA (2021)

Turning Point USA is a tax-exempt, non-profit 501 (c) 3 that advocates conservative principles on high school, college, and university campuses and in convention centers that focus on attracting high schoolers, college students, and young adults ages 15-25 who they often refer to as activists.

Established in 2012 by Charles Kirk, the President who received nearly $408,000 in 2021 and $430,000 in compensation in 2020, and flew first class or charter, according to the Form 990 (2020 for the year ending June 30, 2021) submitted to the IRS.

Turning Point USA is overseen by 5 voting members (directors) of the governing body, 4 of whom are independent. All directors are male. Read more »

4
Sep

Executive Compensation at the International Fellowship of Christians and Jews (2021)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews.”

There are 8 independent voting members (directors) of the governing body, although 9 are listed on the most recent Form 990 (2021) with 1 director, Keith Frankel related, which appears to be due to timing differences. 7 of the directors are male while 2 are female (note:  the Form 990 does not report gender; determinations were made based on name and google searches). Read more »

2
Sep

How Revenue is Spent at the International Fellowship of Christians and Jews (2021)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews.”

How is revenue spent at IFCJ?  The short answer is that about half of revenue is spent on grants to Jewish organizations – in the US and in Israel – while about one third is spent on fundraising, printing and postage, television and radio airtime, staff compensation, fees for services, office-related expenses, and travel,, with the remaining put into savings.  For more detail, read on. Read more »

31
Aug

Executive Compensation at the Air Line Pilots Association (2021)

The Airline Pilots Association International (ALPA) is the largest airline pilot union in the world with more than 61,000 pilots from 38 US and Canadian airlines.  Based in McLean, Virginia, ALPA is a tax-exempt, non-profit 501 (c) (5) whose membership dues are approximately $3,600 annually (based on 1.9% of gross income which appears to be about $200,000 annually).

In 2021, ALPA reported total revenue of $222 million, most of which came from membership dues. Expenses totaled $163 million (including nearly $4 million in depreciation) with the largest expense reported to be compensation.

347 employees received $70 million in compensation which equates to an average compensation of $200,000.  230 employees received more than $100,000 in compensation with the 25 most highly compensated reported to be: Read more »

29
Aug

Executive Compensation at the Air Line Pilots Association (2020)

The Airline Pilots Association International (ALPA) is the largest airline pilot union in the world with more than 61,000 pilots from 38 US and Canadian airlines.  Based in McLean, Virginia, ALPA is a tax-exempt, non-profit 501 (c) (5) whose membership dues are approximately $3,600 annually (based on 1.9% of gross income which appears to be about $200,000 annually).

In 2020, ALPA reported total revenue of $226 million (compared to $235 million in 2019 which indicates despite the effects of COVID on airline travel, the revenue stream continued from members), most of which came from membership dues. Expenses totaled $154 million (including nearly $4 million in depreciation) with the largest expense reported to be compensation.

339 employees received $68 million in compensation which equates to an average compensation of $200,000.  229 employees received more than $100,000 in compensation with the 25 most highly compensated reported to be: Read more »