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Posts from the ‘Special Topics’ Category

9
Apr

Executive Compensation at the NRA (2018)

The National Rifle Association of America (NRA) is a non-profit 501 (c) (4) organization or what many people refer to as an membership advocacy organization that fights tirelessly for our second amendment rights and pays their executives very well while also paying for first class or charter travel, travel for companions, health or social club dues or initiation fees, gross up payments and tax indemnification, and provides housing allowances or housing for personal use.

The most recent IRS Form 990 (2018) reports the organization employed 816 individuals who were compensated $63.9 million, which equates to an average compensation of $78,300. 122 employees received more than $100,000 in compensation while the 16 most highly compensated key executives received $13.4 million dollars in 2018: Read more »

21
Mar

Executive Compensation at the Robin Hood Foundation (2018)

The Robin Hood Foundation (RHF) – a 501 (c) (3) based in New York City – is an organization that primarily awards grants to organizations fighting poverty by providing food, shelter, and healthcare and by helping people lift themselves out of poverty. They do this primarily by awarding grants (in 2018, the organization collected $133 million in revenue and awarded $173 million in grants – $40 million more than the organization raised).

In 2018, RHF had 135 employees who were compensated $18 million, which equates to an average compensation of $136,000. However, only 54 employees received more than $100,000 in compensation. The 12 most highly compensated individuals were: Read more »

17
Mar

Why Isn’t Anyone Talking About Wet Markets and the Coronavirus?

We are being inundated with information about the coronavirus…what it is (a virus), what it does (primarily attacks the respiratory system), how fast its spreading (too fast), whose most susceptible to the danger of the virus (the elderly and health compromised), how to get tested (still unclear and varies depending on location), and how the healthcare system is treating it (primarily with supportive care so the immune system can do its job) but hardly anyone is talking about how the coronavirus started and more importantly, what can be done in the future to avoid another world pandemic. Read more »

24
Feb

10 Things to Know About the Pharmaceutical Research and Manufacturers of America (PhRMA)

When people talk about “Big PhRMA,” they are referring to the Pharmaceutical Research and Manufacturers of America (PhRMA) organization – a non-profit, tax-exempt 501 (c) (6). In short, PhRMA is a trade association that represents the big pharmaceutical companies (34 according to the list of members on the PhRMA website) in the United States.

The amount of information publicly available on PhRMA is overwhelming in both the amount and complexity so the purpose of this post is to summarize key information that reflects the organization’s purpose, mission, and power, which is generally regarded as formidable. Read more »

10
Feb

How Donations are Spent at the American Council on Science and Health (ACSH)

The American Council on Science and Health (ACSH) sounds like a very important non-profit with all the key buzz words – American, Council, Science, and Health – in its name but in reality ACSH is a very small (raises about $1 million annually and has a $1 endowment) non-profit, tax-exempt 501 (c) (3) whose “mission is to ensure peer reviewed, evidence-based science reaches the public, the media, and the decision makers who determine public policy” except that they don’t according to some. Read more »

24
Jan

Executive Compensation at Make-A-Wish (2018)

The Make-A-Wish Foundation (MAW) was established in 1980 in Phoenix, Arizona to grant the wishes of children diagnosed with critical illnesses. Today, the national headquarters and founding chapter is still in Phoenix but the organization has 62 chapters throughout the United States and 39 affiliates in nearly 50 countries worldwide. Although each of the affiliates raises funds for their respective chapter, the MAW headquarters also makes a grant annually to the affiliates, along with setting policies and assisting the chapters in making their wishes.

The MAW headquarters raises about $100 million annually, spends about $100 million annually of which $55 million is spent on grants to affiliates, and has about $43 million in their general fund, which is often referred to as their endowment.  The single largest expense at MAW headquarters (after grants) is compensation ($21 million) for the 271 employees, which equates to an average compensation of about $75,000. Read more »

14
Jan

Executive Compensation at the International Dairy Foods Association (IDFA)

The International Dairy Foods Association (IDFA) is a Washington, CD-based non-profit tax-exempt 501 (c) (6) – a business association – representing “90% of the milk, cheese, ice cream, yogurt, and cultured products, and dairy ingredients produced and marketed in the United States and sold throughout the world.”

The IDFA reported total revenue of $7.8 million for the year ending June 30, 2017 (down 23% from the prior year when $10.2 million was reported).  Revenue came primarily from two sources:  membership dues ($4.6 million) and training and education programs ($2.2 million).  Expenses were $8.5 million and consisted primarily of three:  compensation ($5.3 million), office-related expenses ($1.6 million), and conferences and trade shows ($1.3 million). Read more »

16
Oct

Where Does $100 to Americans For Prosperity Go?

Americans for Prosperity is actually two organizations:  Americans For Prosperity (AFP) and Americans For Prosperity Foundation (AFPF). Both organizations are tax-exempt non-profit organizations but AFP is a 501 (c) (4) while AFPF is a 501 (c) (3). The primary difference between the two organizations is that donations to AFPF are tax deductible while donations made to AFP are not. In addition, AFP is considered a social welfare organization so they can engage in more lobbying while AFPF is considered an educational organization and is therefore limited in how much they spend on lobbying.

Although both organizations operate out of the same office in Arlington, Virginia and share employees, how a donation was spent depends on which organization received the donation. Read more »

18
Sep

Executive Compensation at Johns Hopkins Health System

The Johns Hopkins Health System Corporation (JHHSC), along with Johns Hopkins University School of Medicine is collectively referred to as Johns Hopkins Medicine – an integrated healthcare system that includes the medical school, six hospitals, four healthcare and surgery centers, and 39 outpatient healthcare sites. Although Johns Hopkins Medicine has numerous non-profits, the focus of this post is the executive compensation at JHHSC (a non-profit 501 (c) (3)  that serves as a support organization for the healthcare system providing management, centralized purchasing, distribution, legal, claims management and other services to support the medical service providers.

In 2016-2017, JHHSC employed 2,967 individuals who were compensated $179 million, which equates to an average compensation of $60,300.  459 employees received more than $100,000 in compensation with the 43 most highly compensated employees listed below: Read more »

14
Sep

Executive Compensation at the NRA (2017)

The National Rifle Association of America (NRA) is a non-profit 501 (c) (4) organization that fights tirelessly for our second amendment rights. Whether or not you believe the second amendment refers to “militia” or “the people” has always been controversial but is even more so in the wake of the near weekly occurrence of mass shootings in this country.

People are speaking out for gun control because quite frankly, there are too many guns and assault weapons in the hands of the wrong people (primarily males under the age of 60 if you look at the statistics of who is committing these mass shootings), and too many people are dying (about 36,000 a year from guns although admittedly not all from mass shootings). Read more »