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Posts from the ‘Special Topics’ Category

17
Apr

Executive Compensation at Advocate Health and Hospitals Corp (2019)

Advocate Health and Hospitals Corp is a tax-exempt non-profit 501 (c) (3) and one of many organizations within Advocate Aurora Health (which was formed when Advocate Health Care (in Illinois) and Aurora Health (in Wisconsin) merged into one healthcare system (Advocate Aurora Health) in 2018. Based in Downers Grove, Illinois, AAH operates 26 hospitals and more than 500 out patient care sites staffed by 75,000 employees.

It is important to note AAH consists of numerous types of organizations including non-profits and for profit organizations. This post addresses the executive compensation at AHHC – one of the largest organizations in the network.

Advocate Health and Hospitals Corp (AHHC) is governed by 12 voting members (directors), 9 of whom are independent;  8 of the 12 (67%) are male while 4 of the 12 (33%) are female. 10 of the directors receive between $4,000 – $91,000 annually for an average of 1 hour of work per week. Read more »

15
Apr

Executive Compensation at the Federalist Society

The Federalist Society is legally known as the Federalist Society for Law and Public Policy Studies but generally goes by the shortened version of its name.  A tax-exempt, non-profit 501 (c) (3), the Federalist Society is an organization of conservatives and libertarians (a membership organization with three levels of memberships:  student, lawyer, and faculty) who are “committed to the principles that the state exists to preserve freedom, that the separation of governmental powers is central to our Constitution, and that it is emphatically the province and duty of the judiciary to say what the law is, not what it should be.”

There are 12 voting members of the governing body, 8 of whom are independent, and all of whom are male. Read more »

13
Apr

Executive Compensation at Save The Children (2020)

Save the Children – the Fairfield, Connecticut-based non-profit in the US – is formally known as Save The Children Federation, Inc. and is part of the Save the Children Alliance (a group of 30 Save the Children groups throughout the world that also support Save the Children International).  Established in 1932, Save the Children is a 501 (c) (3) and one of the most well-known charities in the world.

There are 31 voting members (trustees) of the governing body, 30 of whom are independent, although the Form 990 lists 38 (which appears to be due to timing differences), of whom 18 are female and 20 are male (note:  The Form 990 does not disclose gender; determinations were made based on name and google searches). Read more »

11
Apr

Where Does $100 to Save The Children Go (2020)?

The Save the Children Fund is one of the most recognizable charitable organizations in the world. Established more than a hundred years ago in 1919, the organization is legally known as Save the Children Federation, Inc. in the United States, but is often simply referred to as “Save the Children.”

On the Save the Children website (www.savethechildren.org), the organization reports that “85% of all expenditures went to program services” with the key word being “expenditures.”  Expenses are normally analyzed as a percentage of revenue, not as a percentage of total expenditures because both parts of the equation – revenue and expenses – are important to understand how an organization is operating. Without revenue, it doesn’t matter how much of an organization’s expenditures were spent in a single category.  Both sides of the equation have to be considered. Read more »

9
Apr

Executive Compensation at Disabled American Veterans (DAV) 2020

The Disabled American Veterans (DAV) organization is a 501 (c) (4) – a social welfare organization – that was created by Congress in 1920 to assist disabled military veterans and their families.  Based in Cold Spring, Kentucky, DAV provides services nationwide to disabled veterans through staff, national service offices and more than 1,200 local chapters.

There are 7 voting members (directors) on the governing body, 6 of whom are independent.  All of the directors are male.

Read more »

7
Apr

Where Does $100 to Disabled American Veterans (DAV) Go (2020)?

The Disabled American Veterans (DAV) organization is a 501 (c) (4) – a social welfare organization – that was created by Congress in 1920 to assist disabled military veterans and their families.  Based in Cold Spring, Kentucky, DAV provides services nationwide to disabled veterans through staff, national service offices and more than 1,200 local chapters. Read more »

5
Apr

Executive Compensation at the Association of National Advertisers

The Association of National Advertisers (ANA) is a trade association representing the advertising industry. A non-profit, tax-exempt 501 (c) 6, the ANA is headquartered in New York and Washington, DC.  With more than 1,300 members, dues are based on annual advertising expenditures for advertisers (can can range from just under $10,000 annually to 6 figures) but are significantly less for law firms, ad agencies, PR agencies and vendors who can choose among a platinum, gold or silver membership.

The ANA is managed by 41 voting members (directors) of its governing body, although the most recent Form 990 (2019) lists 46 (due to timing differences). 24 of the 46 (52%) are female while 22 of the 46 (48%) are male. Read more »

3
Apr

Executive Compensation at Mercy Ships

Mercy Ships is a tax-exempt, non-profit 501 (c) (3) headquartered in Lindale, Texas, that operates two hospital ships in developing countries to provide free medical care.  Described as a “predominately Christian interdenominational missionary organization, Mercy Ships “treats all patients….without regard to their religions, race, or gender” by navigating the ship to offshore locations.

There are ten voting members (directors) of the governing body, 9 of whom are independent; 9 are male while 1 is female. Read more »

1
Apr

How Mercy Ships Spends Revenue

Mercy Ships is a tax-exempt, non-profit 501 (c) (3) headquartered in Lindale, Texas, that operates two hospital ships in developing countries to provide free medical care.  Described as a “predominately Christian interdenominational missionary organization, Mercy Ships “treats all patients….without regard to their religions, race, or gender” by navigating the ship to offshore locations.

There are ten voting members (directors) of the governing body, 9 of whom are independent; 9 are male while 1 is female.

So, if you donated $100 to Mercy Ships in 2020, how was your donation spent?  The short answer is that $60 was spent on expenses (primarily compensation, fundraising, fees, and office-related expenses), $10 was given to the Mercy Ships Foundation (a related organization), and $30 was put into the general fund (think savings account). The long answer follows. Read more »

30
Mar

Executive Compensation at the American Hospital Association (2019)

The American Hospital Association (AHA) is a trade organization that is a tax-exempt non-profit 501 (c) (6) that represents and works on behalf of its members (hospitals/owners of hospitals) to advocate their positions to government entities (i.e. Congress, Senate, etc) and provide education and assistance to its members.

In 2019, the AHA raised $143 million (compared to $134 million in 2018) primarily through membership dues, education and licensing) and spent $133 million  (not including $3 million in depreciation), with unspent revenue allocated to the fund balance.  With more than $231 million in net fund assets, the organization reported about $20 million in unrealized gains on investments.

Based in Chicago, Illinois, the AHA has 441 employees who were compensated $66 million in 20179 which equates to an average compensation of $150,000.  However, only 177 employees received more than $100,000 in compensation which means a smaller amount of employees received significant higher compensation.  The 15 most highly compensated employees were compensated $15 million and were reported to be: Read more »