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Posts from the ‘Non-Profits’ Category

15
Jul

Executive Compensation at Kaiser Health (2020)

Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 39 hospitals, more than 600 medical offices, and about 225,000 employees, Kaiser Health is considered one of the leaders in the industry.

Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization). Read more »

13
Jul

Executive Compensation at Goodwill (2021)

Goodwill Industries was established in 1902 and is widely known across the country as the place where we all donate clothing and household goods to help others. There are 155 Goodwill Industries autonomous organizations and more than 4,200 retail stores in the US and 12 countries that generated an estimated $6 billion in revenue in 2021.

Goodwill Industries International, Inc is the executive member association organization that provides oversight, support, expertise, and products to local agencies (each local agency/organization is a separate 501 (c) (3) that operates independently and pays membership dues to support Goodwill Industries International, Inc.). Read more »

11
Jul

Executive Compensation at Mercy Health (Cincinnati, OH) 2019

Mercy Health is a non-profit, tax-exempt 501 (c) (3) healthcare provider in eight (8) regions (Cincinnati, Toledo, Youngstown, Springfield, Lima, Lorain, Northern Kentucky, and Paducah) in Ohio and Kentucky through 23 hospitals and hundreds of clinics, urgent care, and medical center locations. Although Mercy Health consists of dozens of affiliated and related organizations, the purpose of this post is the executive compensation as reported on the Form 990 (2019) submitted by Mercy Health to the IRS.  However, it is important to note the following information about Mercy Health: Read more »

9
Jul

Executive Compensation at AdventHealth (2021)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with nearly 51 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.

This post looks at the executive compensation at  Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to all the subsidiaries.  It is important to note there are dozens of other related and affiliated non-profits and for profit organizations  related to AdventHealth that are not covered in this post. Read more »

7
Jul

Executive Compensation at AdventHealth (2020)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with nearly 51 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.

This post looks at the executive compensation at  Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to all the subsidiaries.  It is important to note there are dozens of other related and affiliated non-profits and for profit organizations  related to AdventHealth that are not covered in this post. Read more »

5
Jul

Executive Compensation at Hillsdale College

Hillsdale College, a small private liberal arts college with 1,600 students in southern Michigan (Hillsdale) is the college virtually no one heard of 20 years ago.  Founded by abolitionist, Free Will Baptist preachers nearly 200 years ago in 1844, Hillsdale until recently maintained a small word of mouth following among conservatives attracting students (and conservative parents of smart (avg ACT 30-34, mid-range SAT 1370-1480 – 89-96 percentile, mid-range GPA 3.9-4.0) young people) who want a conservative liberal arts education, which is kind of an oxymoron. Approximately 20% of applicants are accepted, of which 62% opt to enroll. Read more »

3
Jul

How Hillsdale College Spends Revenue

Conservative movements to reform education are often defined by what they’re against.

~Emma Green

Hillsdale College, a small private liberal arts college with 1,600 students in southern Michigan (Hillsdale) is the college virtually no one heard of 20 years ago.  Founded by abolitionist, Free Will Baptist preachers nearly 200 years ago in 1844, Hillsdale until recently maintained a small word of mouth following among conservatives attracting students (and conservative parents of smart (avg ACT 30-34, mid-range SAT 1370-1480 – 89-96 percentile, mid-range GPA 3.9-4.0) young people) who want a conservative liberal arts education, which is kind of an oxymoron. Approximately 20% of applicants are accepted, of which 62% opt to enroll. Read more »

1
Jul

Executive Compensation at the Girl Scouts (2022)

The Girl Scouts of the United States of America (Girl Scouts) is a tax-exempt, non-profit 501 (c) (3) based in New York, NY. With more than 2.5 million members (an estimated 1.8 million girl members and about 700,000 member volunteers) the Girl Scouts works to build “courage, confidence, and character” in young girls.

There are 28 independent voting members (board members) of the governing body (board), although 29 are listed on the Form 990 (2021 for the year ending September 30, 2022) – 25 of the 29 (86%) are female while 4 of the 29 (14%) are male. Read more »

29
Jun

How the Girl Scouts Spend Revenue (2022)

The Girl Scouts of the United States of America (Girl Scouts) is a tax-exempt, non-profit 501 (c) (3) based in New York, NY. With more than 2.5 members (an estimated 1.8 million girl members and about 700,000 member volunteers) the Girl Scouts works to build “courage, confidence, and character” in young girls.

There are 28 independent voting members (board members) of the governing body (board), although 29 are listed on the Form 990 (2021 for the year ending September 30, 2022) – 25 of the 29 (86%) listed are female while 4 of the 29 (14%) are male.

In 2022, the Girl Scouts reported total revenue of $120 million (compared to $131 million in 2021, $112 million in 2020 and $122 million in 2019) which came from: Read more »

27
Jun

Where Does $100 to 350.org go (2021)?

350.org is a non-profit 501 (c) (3) founded in 2008 by a group of people along with author Bill McKibben, an environmentalist, to work towards ending the use of fossil fuels and build renewable energy.

Most scientists agree that the burning of fossil fuels is the largest contributor to greenhouse gas (followed by the animal agriculture industry) which has led to global warming. Named after the safe concentration of carbon dioxide in the atmosphere – 350 parts per million, 350.org is a grassroots organization that has become more well known as the public has become aware of the effects of climate change.

Based in Brooklyn, New York, 350.org raises about $20-25 million annually (primarily through contributions), spends about 80% of those funds, and has about $13 million in net fund assets. Because the organization is relatively young, it appears they have been focused on their mission but also building up their general fund. Hence, the reason they have not been spending as much as they raise. Read more »