Executive Compensation at Mass General Brigham (2020)
Mass General Brigham (formerly known as Partners HealthCare) is a non-profit, tax-exempt healthcare provider with 16 member institutions that include hospitals (14), 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 78,000 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 
Executive Compensation at the National Geographic Society (2020)
When we think of the National Geographic Society (NGS), we often think of the magazine, which according to my childhood friends, was the first magazine they could look through to see naked people. But, the National Geographic Society is so much more than just the magazine. In their own words, they “identify and invest in an international community of explorers: leading scientists, educators, storytellers, conservationists, technologists, and many other change makers who help us define some of the critical challenges of our time….”
The NGS is a tax-exempt non-profit 501 (c) 3 organization based in Washington, DC that primarily relies on investment income (gains on the sale of investments, dividends, interest, etc), royalties, and contributions for revenue. With $1.6 billion in net assets, NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $20-$30 million annually) are not enough, and when revenue greatly decreases due to unforeseen circumstances, like the pandemic in 2020. Read more
Executive Compensation at St Jude (2021)
When people think of St. Jude’s, they often associate the organization with the children’s research hospital but St Jude’s is actually two organizations:
- St. Jude Children’s Research Hospital (St Jude): the 77-bed children’s hospital that provides research and medical care; and
- American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization that exists to raise funds for St. Jude’s
Although most non-profits do not separate fundraising from services, St. Jude’s does, so both organizations need to be analyzed because St. Jude’s relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more
Where Does $100 to St Jude Go (2021)?
St. Jude’s is one of the most popular non-profit organizations in the country because the charity’s mission appeals to donors: they treat and help children with cancer and other life threatening illnesses. But, before making donations, donors should understand where revenue is spent and that St. Jude’s is actually two organizations:
- St. Jude Children’s Research Hospital, Inc. (St. Jude) – the 67-bed hospital and research center
- American Lebanese Syrian Associated Charities (ALSAC) – the fundraiser
ALSAC “exists for the sole purpose of raising funds and building awareness to support the current and future needs of St. Jude Children’s Research Hospital, Inc” while St. Jude engages in research and provides care and services to sick children and their families.
St. Jude has a beneficial interest in the assets of ALSAC but the organizations are separate non-profit 501 (c)(3) entities with specific functions: ALSAC raises funds while St. Jude does the research and provides the treatment.
So, where does a $100 donation go? The quick answer is that $42 went to the hospital (although they only spent $34 of that $42 putting the remaining $8 in savings), $26 to organization fundraising expenses, and $32 into savings. For more detail, read on.
Executive Compensation at the Aircraft Owners and Pilots Association (AOPA)
The Aircraft Owners and Pilots Association (AOPA) is a tax-exempt, non-profit 501 (c) (4) who advocates on behalf of its members (estimated to be 280,000) to “protect your freedom to fly.” Based in Frederick, Maryland, AOPA has 12 voting members (trustees), 11 of whom are independent, in its governing body, 11 of whom are male and 1 is a female.
AOPA reported the following key information on the Form 990 (2020): Read more
Executive Compensation at the International Air Transport Association (IATA)
The International Air Transport Association (IATA) is a trade association for the world’s airlines, representing nearly 300 airlines or about 85% of total air traffic. A tax-exempt, non-profit 501 (c) (6), IATA is based in Washington, DC with 9 independent voting members (directors) of the governing body (Board of Governors, all of whom are male.
IATA is also known as Airlines For America and A4A. Read more
Executive Compensation at the National Cattlemen’s Beef Association (2019)
The National Cattlemen’s Beef Association (NCBA) is a tax-exempt 501 (c) (6) – a “business organization” – whose purpose is to increase demand and profits for cattle and beef producers. To do this, members (many of whom are cattle owners) pay dues (based on the number of heads of cattle) starting at $150 to over $2,000 annually (although each cattle owning member has only 1 vote no matter how many head of cattle he/she owns). In addition, the NCBA also has non-voting members who pay $50-$200 annually to belong to the association. Read more
Executive Compensation at the Chamber of Commerce of the US (2019)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raises about $170 million annually (primarily from contributions, gifts and grants with only $5 million coming from membership dues) and spends what it receives. In fact, the USCOC has a negative net asset position (-$24 million) which is an important consideration when the 10 most highly compensated employees received $24 million in compensation in 2019. In addition, USCOC paid for first class and charter travel, companion travel, health or social club dues or initiation fees, and for personal services (i.e. maid, chauffeur, chef). Read more
Where Does $100 to the Nature Conservancy Go (2020)?
The Nature Conservancy raises more than $1 billion a year and has more than $7 billion in their net fund assets, making the organization one of the most well capitalized non-profits in the country. If you’ve ever wondered how a donation is spent but don’t feel inclined to read the dozens and dozens of pages of the IRS Form 990 (the tax return submitted to the IRS annually), then continue reading. Read more
Executive Compensation at the ChildFund
ChildFund International USA (ChildFund) is one of 12 organizations in the ChildFund Alliance that partners with local organizations in 24 countries to provide children with basic needs: food, healthcare, and education. A tax-exempt, non-profit 501 (c) 3 based in Richmond, VA, ChildFund has 17 independent voting members (directors) on its governing body (Board of Directors) with 9 females and 8 males.
In 2020, ChildFund reported total revenue of $198 million (compared to $196 million in 2019) most of which came from contributions, gifts and grants. Expenses totaled $179 million (not including $4 million in depreciation) with the two largest expenses reported to be grants ($117 million) and compensation $31 million). Read more
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