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Posts from the ‘Special Topics’ Category

15
Apr

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 »

13
Apr

Executive Compensation at the National Retail Federation (2019)

 

The National Retail Federation (NRF) is a non-profit, tax-exempt 501 (c) (6) – a membership based trade association  – whose mission is to “advance and protect the interests of the retail industry and to help retailers achieve excellence in all areas of their business.” That’s quite a mission, given the retail environment in this country.  Retailers – both national chains and local – are closing daily.

Governed by 30 board members, 29 of whom are independent (38 are reported on the Form 990 due to timing differences; 30 are male while 8 are female), NRF is based in Washington, DC. Read more »

1
Apr

Executive Compensation at the National Geographic Society

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 $1.4 billion in net assets, NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $30 million annually) are not enough. Read more »

14
Mar

Executive Compensation at the ASPCA (2019)

The ASPCA is a non-profit tax-exempt 501 (c) (3) based in New York City, New York. As such, the organization submits a Form 990 to the IRS annually and makes a copy available to the public. The most recent IRS Form 990 (2019) reports the ASPCA: Read more »

6
Mar

Executive Compensation at Intermountain Healthcare (2018)

Intermountain Healthcare refers to a large healthcare system in Utah, Nevada, and Idaho (24 hospitals and more than 370 healthcare facilities with more than 45,000 employees) based in Salt Lake City, Utah. Although there are  numerous non-profits under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc.  – both of whom operate out of the same office.

In short, IHC Health Services, Inc. reported $6.6 billion in revenue in 2018 (compared to $6 billion in 2017). Expenses were $6 billion (including $312 million in depreciation) which helped the organization (after adjusting for nearly $400 million in net unrealized losses on investments) to increase the general fund (or net fund assets) by $300 million in 2018 from $6.5 billion to $6.8 billion. Read more »

6
Feb

Majorie Taylor Greene is Allowed to be an Adult but Chooses Not to be

The controversy surrounding Marjorie Taylor Greene has become a national obsession over the past few weeks.  Greene, who was elected to Congress this past November to represent District 14 in Georgia has a colorful past (check out You Tube for videos she made in the past few years leading up to her Congressional run before the PR people got to her) that has shown her support for controversial issues, of which there is insufficient space to go into. Read more »

25
Jan

Israel’s Discriminatory Policies on Covid 19 Vaccination

Israel clearly values some lives more than other lives and its no more apparent than in the distribution and rollout of the Cover-19 vaccine in Israel, the West Bank, and the Gaza Strip.

Five days after Hanukkah (the 8-day festival of lights that commemorates the Jews rising up against their oppressors), Israel began vaccinating its citizens, which includes Israeli settlers living inside the West Bank and Palestinian residents of Jerusalem.

Excluded are the nearly 5 million Palestinians (including doctors, nurses, and other healthcare workers) who live in the West Bank (under Israeli military occupation) and the Gaza Strip (which is considered by most people to also be occupied by the Israeli military), according to Amnesty International.  How is it that a country who just celebrated rising up against its oppressors exclude Palestinian doctors, nurses, and the elderly in the West Bank (a territory that is not a part of Israel) and the Gaza Strip?  Read more »

12
Dec

The Future of Birthday Cake Candles is Dim

Remember back when we used to eat cake after someone blew all over it?  Man, we were wild….

Have you ever wondered why we put candles on a birthday cake? Many historians believe the Greeks started the tradition to honor the goddess Artemis’ birth on the sixth day of each lunar month.  Another group of people believe the origin of birthday candles came from the ancient belief that fire is associated with power and that evil spirits visit people on their birthday so celebrants surround the honoree and make noise while the burning sticks of paraffin scare the offenders away. Ironically, if anyone blows out the candles on a cake nowadays, the evils of coronavirus are a real possibility.  Which brings me to modern day birthday celebrations: Read more »

10
Nov

Executive Compensation at the Metropolitan Museum of Art

The Metropolitan Museum of Art (MMA) is the largest art museum in the US with two sites in New York City (the Met Fifith Avenue and the Met Cloisters).  Established in 1870, MMA is a tax-exempt, non-profit 501 (c) (3) based in New York City with 46 trustees (44 of whom are independent), although 48 are listed on the Form 990 (2018 for the year ending June 30, 2019) due to timing differences.  34 of the 48 (71%) listed are male while 14 (29%) are female.

For the year ending June 30, 2019, MMA reported the following information: Read more »

8
Nov

The Tortoise and The Hare

I’m not sure how the rest of the American public is feeling right now, but I’m guessing half the population is relieved while the other half is disappointed. This election has been going on for nearly 2 years, and besides being incredibly redundant and boring, the whole process has been a waste of time, resources, and money (Do we really need 2 years to elect a president?). Stupid me thought that come November 3rd, the process would end but it wasn’t until yesterday, November 7th that a winner – Joe Biden – was finally announced.   Read more »