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Posts from the ‘Other’ Category

16
Apr

How Revenue is Spent 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.”

How is revenue spent at IFCJ?  The short answer is that about half of revenue is spent on grants to Jewish organizations – in the US and in Israel – while the other half is spent on fundraising, printing and postage, television and radio airtime, staff compensation, fees for services, office-related expenses, and travel.  For more detail, read on. Read more »

10
Apr

Executive Compensation at American Investment Council (2020)

The American Investment Council (AIC) is a very small tax-exempt, non-profit 501 (c) 3 “lobbying, advocacy, and research (the organization paid an outside vendor $1.3 million in 2020 for research) organization” based in Washington, DC governed by 22 voting members (21 of whom are independent) of its governing body. 18 of the 22 (82%) are male while 4 of the 22 (18%) are female – which is an improvement over the year before when 81% of the directors were male and 17% were female. Read more »

8
Apr

Executive Compensation at the National Federation of Independent Business

The National Federation of Independent Business (NFIB) is a tax-exempt, non-profit 501 (c) 6 is a Chamber of Commerce of sorts for small and independent businesses (the typical member employs 10 and has $500,000 in gross sales annually) across the country.

Based in Nashville, TN, NFIB is managed by 12 voting members (directors) of the governing body, 11 of whom are independent, although the most recent Form 990 (2020) list 12 directors:  9 (75%) of whom are male while 3 (25%) are female. Read more »

4
Apr

Executive Compensation at Providence St Joseph (2019)

In 2016, Providence Health & Services (PH&S) and St. Joseph Health System (SJHS) merged to form the Providence St. Joseph Health system, a non-profit, tax-exempt integrated healthcare provider associated with the Catholic Church. With 52 hospitals and 950 clinics staffed by 120,000 employees across seven western states (Washington, Oregon, Montana, New Mexico, California, Texas, and Alaska), the Providence St Joseph Health system asserts “we use our voice to advocate for vulnerable populations and needed reforms in healthcare.” Read more »

16
Mar

Executive Compensation at Pew Charitable Trusts

The Pew Charitable Trusts (PCT) was established by the Pew family as a “global public policy change agent” and was changed from a status of private foundation to tax-exempt, non-profit in 2004 which allows the organization to raise funds freely and devote up to 5% of annual expenditures to lobbying the public sector.  Although PCT is “non-partisan,” the founders were conservative.

PCT appears to be involved in two major processes:  making grants and supporting the staff who manage the organization and related organizations.

There are 10 members of the governing body, 9 of whom are independent; 7 of whom share the Pew name. Net assets were $1 billion at year-end. Read more »

14
Mar

How Pew Charitable Trusts Spends Revenue (2021)

The Pew Charitable Trusts (PCT) was established by the Pew family as a “global public policy change agent” and was changed from a status of private foundation to tax-exempt, non-profit in 2004 which allows the organization to raise funds freely and devote up to 5% of annual expenditures to lobbying the public sector.  Although PCT is “non-partisan,” the founders were conservative.

PCT appears to be involved in two major processes:  making grants and supporting the staff who manage the organization and related organizations.

There are 10 members of the governing body, 9 of whom are independent; 7 of whom share the Pew name. Read more »

6
Mar

Where Does $100 to Stephen Siller Tunnel to Towers Foundation Go?

The Stephen Siller Tunnel to Towers Foundation (SSTTF) is a tax-exempt, non-profit 501 (c) 3 that honors the sacrifice of firefighter Stephen Siller, who died on September 11, 2001 while trying to save others, by paying off mortgages and building homes, and the provision of other programs to combat homelessness and helping fallen first responder families.

There are 7 voting members (directors) of the governing body, 6 of whom are independent although it appears that 5 of the 7 directors (Frank Siller, George Siller, Janis Hannon, Regina Vogt, and Mary Scullin) are related (siblings of Stephen Siller for whom the foundation was formed). Read more »

14
Feb

How Revenue is Spent at the AFL-CIO (2020)

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a federation of 58 labor unions that represent 12.5 million workers. A non-profit, tax-exempt 501 (c) (5) – a labor organization, the AFL-CIO is headquartered in Washington, DC.

Key facts about the AFL-CIO include the following information taken from the IRS Form 990’s: Read more »

12
Feb

Executive Compensation at the American Bankers Association (ABA) 2020

The American Bankers Association (ABA) is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a tax-exempt association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.

While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises more than $135 annually, typically spends less than it brings in, and has accumulated nearly $60 million in net assets. (although net assets would be significant higher if not for a $35 million downward adjustment because of underfunded pension requirements in 2019). Read more »

8
Feb

Executive Compensation at the AFL-CIO (2020)

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a federation of 58 labor unions that represent 12.5 million workers. A non-profit, tax-exempt 501 (c) (5) – a labor organization, the AFL-CIO is headquartered in Washington, DC.

Key facts about the AFL-CIO include the following information taken from the IRS Form 990’s: Read more »