Executive Compensation at the Chamber of Commerce of the US (2021)
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 raised $204 million in 2021 (compared to $230 million in 2020 and $173 million in 2019), primarily from contributions, gifts and grants with less than $5 million coming from membership dues). Expenses totaled $192 million (94% of revenue), with the largest expenses reported to be compensation, fees for services, office-related expenses, and advertising), leaving $12 million allocated to the general fund. An $18 million adjustment for pension liability allowed USCOC to close the year with $63 million in net assets, compared to $32 million at the beginning of the year. Read more 
Executive Compensation at the Chamber of Commerce of the US (2020)
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 raised $230 million in 2020 (compared to $173 million in 2019), primarily from contributions, gifts and grants with only $5 million coming from membership dues) and historically spent what they raised but in 2020, expenses totaled $169 million (primarily compensation, fees for services, office-related expenses, and advertising), leaving $60 million allocated to the general fund (which eliminated the negative net asset position (-$24 million) and allowed USCOC to close the year with $32 million in net assets. Read more
Executive Compensation at Kaiser Health (2021)
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
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
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
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
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
How Revenue is Spent at the PGA Tour (2021)
The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events). The exact number of members is difficult to determine since there are various exemptions and player status (the top 125 ranked players have their card renewed annually but players ranked between 126-150 can retain their card and play when other golfers are not playing, and winning certain tournaments also guarantees a tour card). Read more
Where Does $100 to the YMCA Go (2021)?
If you donated $100 to the YMCA in 2021, how was that $100 spent? The answer depends on whether the donation was made to one of the local chapters (there are about 2,700 in the US) or to the YMCA of the USA (which is legally known as the National Council of YMCA’s of the USA) and is the parent organization in the US (that seeks to strengthen local YMCA”s through grants and program support) or the World Alliance of the YMCA (the parent organization of the 119 countries in the world that have YMCA’s), based in Geneva, Switzerland. For the purposes of this post, let’s assume the donation was made to the YMCA of the USA (because each of those local chapters is a separate 501 (c) 3 that files its own IRS Form 990 so the answer could have 2,700 different answers).
The short answer is that $30 out of every $100 was spent on staff and organization expenses while $35 out of every $100 was spent on grants and fees for services that primarily supported program services. The remaining $35 out of every $100 was put in the general fund (think savings account).
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) which appears to be due to timing differences. 7 of the 9 (78%) directors listed are male while 2 (22%) are female (note: the Form 990 does not report gender; determinations were made based on name and google searches). Read more
