How Revenue is Spent at the National Futures Association
In 1974, Congress established the Commodities Futures Trading Commission (CFTC) as an independent agency of the federal government to regulate the US derivatives market, which includes futures, swaps, and certain types of options.
The National Futures Association (NFA) is a tax-exempt, non-profit 501 (c) 6 business association that is a self-regulatory organization for the US derivatives market. Sounds almost the same so what’s the difference? Both organizations are working to ensure legal standards are being adhered to but the NFA is only concerned with members of the NFA while operating under the authority of the CFTC. Read more 
Executive Compensation at the National Safety Council
The National Safety Council (NSC) is a tax-exempt, non-profit 501 (c) 3 organization focused on public safety and specifically, preventable injuries and death in the workplace and on the road in the United States. Based in Itasca, Illinois, NSC is overseen by 29 voting members of the governing body, 28 of whom are independent. The most recent IRS From 990 (2017 for the year ending June 30, 2018) lists 40 directors/trustees, 30 (75%) of whom are male while 10 (25%) are female. Read more
How Revenue is Spent at the National Safety Council
The National Safety Council (NSC) is a tax-exempt, non-profit 501 (c) 3 organization focused on public safety and specifically, preventable injuries and death in the workplace and on the road in the United States.
Based in Itasca, Illinois, NSC is a member organization (which is unusual for a 501 (c) 3) with more than 50,000 members who reportedly pay $300-$400 annually. However, membership dues only accounted for about 14% of revenue (according to the most recent Form 990 tax return filed for the year ending June 30, 2018), or $8 million. $8 million divided by 50,000 equals an average annual membership fee of $160, which means there are less members than reported or the members are paying significantly less than the membership cost posted. Read more
Executive Compensation at the National Hot Rod Association
The National Hot Rod Association (yes, there really is such a thing) is a tax-exempt non-profit 501 (c) 6 (a trade association) that raises about $100 million annually, pays its top executive over $1 million annually, and pays for all VP’s and above to purchase upgrades to fly first class.
In 2018, the National Hot Rod Association reported total revenue of $97 million (compared to $95 million in 2017) which primarily came from admissions and sponsorships ($74 million), licenses and fees ($13 million), royalties and concessions ($5 million), and membership dues ($3 million). Read more
Executive Compensation at the National Fire Protection Association
The National Fire Protection Association (NFPA) is a tax-exempt, non-profit 501 (c) (3) based in Quincy, MA that is known as the “codes and standards” organization to minimize risk and the effects of fire.
The NFPA generates about $80-$90 million annually and does not generally spend as much as they bring in which is how the organization has come to accumulate nearly $300 million in net assets.
In 2018, the NFPA reported total revenue of $82 million which primarily came from 4 sources: sale of inventory ($41 million), training, meetings, and conferences ($16 million), royalties, gains, and investment income ($14 million), and membership dues ($11 million including $2 million from the government from three classes of members: director, voting, and non-voting). Read more
Executive Compensation at the Alzheimer’s Association (2019)
The Alzheimer’s Disease and Related Disorders is commonly referred to as the Alzheimer’s Association. A tax-exempt, non-profit 501 (c) 3 whose goal is to eliminate Alzheimers Disease through research but also offer support, information/public awareness, and education on the disease, raised $390 million in 2019, primarily from contributions, gifts, and grants ($366 million including $24 million from the government).
Expenses totaled $387 million (99% of revenue) with the largest expense being compensation ($182 million or 47% of revenue) for the 2,620 employees, who received an average compensation of $70,000. 249 employees received more than $100,000 in compensation with the 8 most highly compensated employees reported to be: Read more
Where Does $100 to the Alzheimer’s Association Go (2019)
The Alzheimer’s Disease and Related Disorders Association is commonly referred to as the Alzheimer’s Association. A tax-exempt, non-profit 501 (c) 3 whose goal is to eliminate Alzheimers Disease through research but also offer support, information/public awareness, and education on the disease, the Alzheimer’s Association raised $390 million in 2019, primarily from contributions, gifts, and grants ($366 million including $24 million from the government). Read more
Executive Compensation at the National Association of Realtors (2018)
The National Association of Realtors (NAR) is the largest professional trade association in the US. A non-profit tax-exempt 501 (c) (6) based in Chicago, Illinois, NAR represents 1.4 million members who belong to one or more of the 1,200 associations/boards and 54 state or territory associations. Members can be residential or commercial brokers, sales people, property managers, real estate appraisers, counselors and others who work in the real estate industry.
NAR functions as a self regulatory agency, a lobbying organization, and as a provider of accreditation and certification of designations. Read more
Executive Compensation at the National Pharmaceutical Council
Pharmaceutical companies have gotten a lot of bad press lately, and for good reason. When epipens cost $650-$700 in the US for a pack with two auto injectors (compared to $150 in Canada or $38 in Australia), people get upset. Or, when pharmaceutical companies (i.e Perdue) have acted irresponsibility by promoting and marketing opioids, people question the motives of companies they are supposed to trust and the value of medicines as an integral part of healthcare. One of the ways the pharmaceutical industry operates is to fund a trade association called the National Pharmaceutical Council (NPC).
NPC is a Washington, DC-based trade association whose mission is to put forth science and good information to foster an environment that supports what they call “medical innovation” or what others would call “drug innovation” (where were they during the decades long opioid crisis?). In short, they gather research to support the use of pharmaceuticals and disseminate that information. Read more
Executive Compensation at the National Multifamily Housing Council
The National Multifamily Housing Council (NMHC) is a tax-exempt, non-profit 501 (c) 6 – a trade association – that advocates for multifamily rental organizations – that pays its President, Doug Bibby very well ($1.3 million in 2018 and $150,000 into a retirement account) along with its other top executives (7 other executives received $300,00 – $450,000 in 2018).
By most standards, NMHC is a small non-profit: they raise about $18 million annually, most of which comes from two sources: membership dues ($10 million) and meeting revenue ($7 million). Expenses total about $18 million with the largest being compensation ($10 million) and conferences/conventions/meetings ($3 million). At year-end 2018, NMHC had $13 million in assets. Read more
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