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Posts from the ‘Non-Profits’ Category

26
Feb

Where Does $100 to the Americas Society (AS) Go?

The Americas Society is a non-profit tax-exempt 501 (c) (3) headquartered on Park Avenue on the Upper East Side in New York City, NY. Described as an organization dedicated to education, dialogue and debate on economic, social, and political issues that affect the Americas (United States, Canada, Latin America and the Caribbean), the Americas Society appears to be a cultural center.

So what does that really mean? It means the Americas Society organizes exhibitions, readings, interviews, speeches, concerts, performances, reports, and more at its headquarters, which is a building on the National Register of Historical Places. And, AS also publishes REVIEW Magazine (an English language journal of literature from Canada, Latin America, and the Caribbean), and Americas Quarterly (a policy journal) with the assistance of Council of Americas, another non-profit, tax-exempt organization, that just happens to be headquartered at the same address. Read more »

22
Feb

Executive Compensation at the Pharmaceutical Research and Manufacturers of America (PhRMA)

The most powerful drug industry lobbying organization in the US is the Pharmaceutical Research and Manufacturers of America (PhRMA) – a non-profit tax-exempt (as if the for-profit pharmaceutical industry needs to pay less taxes) 501 (c) (6) – a professional association – that represents the interests of its members (34 according to the organization’s website) who paid about $400 million in membership dues in 2017 (out of $456 million in total revenue; the remaining revenue came primarily from meetings, sections, and studies). This means, each member paid an average of $12 million annually in membership dues to PhRMA. Read more »

18
Feb

Executive Compensation at the Leukemia and Lymphoma Society (2018)

The Leukemia and Lymphoma Society is a non-profit 501 (c) (3) based in Rye Brook, New York with 1,291 employees who received total compensation of $104 million, which equates to an average of $81,000 per individual. However, the IRS Form 990 (for the year ending June 30, 2018) reports that 187 individuals received more than $100,000 in compensation.

The most highly compensated individuals (12) were compensated $4.6 million (an average of $383,000 each): Read more »

16
Feb

Where Does $100 to the Leukemia and Lymphoma Society Go (2018)?

The Leukemia and Lymphoma Society (LLS) is a non-profit 501 (c) (3) whose mission is to “cure leukemia, lymphoma, Hodgkin’s Disease, and Myeloma, and improve the quality of life for patients and their families. To do this, LLS primarily focuses on three major programs:

  • Patient and Community Services
  • Research Programs
  • Public Health Education

According to the IRS Form 990 (2017) for the year beginning July 1, 2017 and ending June 30, 2018, the following key information was reported: Read more »

12
Feb

Executive Compensation at Rensselaer Polytechnic Institute (2017)

Rensselaer Polytechnic Institute (RPI) is a private non-profit 501 (c) (3) college that specializes in engineering, technology, and the sciences. Located on 300 acres in Troy, New York, RPI also has two campuses in Connecticut – in Hartford and Groton. But, what also makes this institute well-known is its inclusion on lists of most highly compensated employees.

About 8,000 students (mostly undergraduate) attend RPI where annual tuition is about $54,000 plus about $20,000 for room and board bringing the total annual cost to $74,000. However, nearly 8,000 recipients received $187 million in non-cash tuition discounts (an average of $23,500). Read more »

8
Feb

How Membership Dues are Spent at the National Education Association (NEA)

The National Education Association of the United States (NEA) is a non-profit tax-exempt 501 (c) (5) – a labor organization – that represents public school teachers, retired educators, and college students preparing to become teachers. The largest professional employee organization in the US, NEA has more than 3 million members (which is also about how many public school teachers there are in the US).

Based in Washington, DC, NEA reported total revenue of $374 million in 2017, most of which ($370 million) came from membership dues, which means the average membership dues were $123.

Expenses totaled $361 milloin and were categorized as follows: Read more »

6
Feb

Executive Compensation at the National Education Association (NEA)

The National Education Association of the United States (NEA) is a non-profit tax-exempt 501 (c) (5) – a labor organization – that represents public school teachers, retired educators, and college students preparing to become teachers. The largest professional employee organization in the US, NEA has more than 3 million members (which is also about how many public school teachers there are in the US).

Based in Washington, DC, NEA reported total revenue of $374 million in 2017, most of which ($370 million) came from membership dues, which means the average membership dues were $123. Read more »

4
Feb

Executive Compensation at the American Diabetes Association (2018)

The American Diabetes Association (ADA) is a non-profit, tax-exempt 501 (c) (3) based in Arlington, Virginia.  Over the past several years, the ADA experienced a drop in revenues and a decline in the organization’s endowment but in 2018, with the replacement of the Executive Director and key staff, the trend started to reverse. By cutting staff (from 1,500 in 2013 to 1,000  in 2018) and other expenses, ADA seems to be back on track financially. However, it remains to be seen if the organization will accomplish one of their key goals in the years ahead:  to prevent and cure diabetes. Read more »

2
Feb

Where Does $100 to the American Diabetes Association Go (2018)?

The mission of the American Diabetes Association is to prevent and cure diabetes and to improve the lives of all people affected by diabetes.

Established 80 years ago in 1940 when less than a million Americans (or less than 1% of the population) had diabetes, the American Diabetes Association (ADA) is one of the few (if not only) non-profit organizations working against a disease that has increased thirtyfold (The CDC estimates that more than 30 million people in the USA have diabetes – primarily Type 2 which is largely preventable and reversible – and that another 100 million people have pre-diabetes which if not treated often leads to Type 2 within 5 years) over the decades despite hundreds of millions of dollars raised by the organization. Read more »

30
Jan

Executive Compensation at Operation Smile (2018)

Operation Smile is a non-profit tax-exempt 501 (c) (3) based in Virginia Beach, VA that provides corrective surgery to children and young adults in developing countries who are born with cleft lip, cleft palate or other facial deformities.

Established in 1982, Operation Smile was founded by Dr. William MaGee,Jr.  (a dentist and plastic and craniofacial surgeon) who serves as the organization’s Chief Executive Officer and his wife Kathleen McGee, who serves as the organization’s President. Their daughter, Kristie Porcaro also serves as the SVP of US and Global Philanthropy of Operation Smile. Read more »