Skip to content

Recent Articles

17
Sep

How Revenue is Spent at the AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a federation of 55 labor unions that represent nearly 13 million men and women. A non-profit, tax-exempt 501 (c) (5) – a member 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 »

15
Sep

Executive Compensation at the AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a federation of 55 labor unions that represent nearly 13 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 »

13
Sep

Executive Compensation at Northwestern Medicine (Chicago, IL)

Northwestern Memorial HealthCare (NMH) is commonly known as Northwestern Medicine, and is a non-profit, tax-exempt 501 (c) (3) that provides healthcare in more than 200 locations (including 10 hospitals) in the Chicago metropolitan area. Headquartered in Chicago, NMH is affiliated with Northwestern’s School of Medicine.

Key facts to know about NMH include the following information taken from the Form 990 (2017 for the year ending August 31, 2018):

NMH has $7.3 billion in net assets (up from $6.4 billion the year before). The $900 million increase is primarily attributed to transfers from affiliated organizations (about $550 million) and excess revenue over expenses (about $350 million), all of which means NMH made a lot of money from healthcare in 2018. Read more »

9
Sep

Executive Compensation at Oberlin

Oberlin College (Oberlin) is a liberal arts college (College of Arts and Sciences) and music conservatory (Conservatory of Music) with approximately 3,000 students in Oberlin, Ohio (about 40 miles southwest of Cleveland). Established in 1833, Oberlin has graduated Rhodes Scholars (16), Pulitzer Prize Winners (7), MacArthur Fellows (12), Truman Scholars (20), and Nobel Laureates (3).

Tuition, room, and board is nearly $80,000 (with health insurance) annually making a 4-year degree a total cost of $320,000. Oberlin awards about $60 million annually in the form of financial aid. According to the most recent available Form 990 (2016 for the year ending June 30, 2017), 2,710 students received $62 million, which equates to an average financial aid of $23,000. Read more »

7
Sep

Executive Compensation at NorthShore University HealthSystem (Illinois)

NorthShore University HealthSystem (NUH) is a non-profit, tax-exempt 501 (c) (3) healthcare provider with 5 hospitals (although the Form 990 reports only 4 hospitals in 2018), clinics, surgery centers, primary care and specialty medical offices, labs and pharmacies in the Chicago metropolitan area. In addition, NUH is affiliated with the University of Chicago medical school.

Key information taken from the Form 990 (2017 for the year ending September 30, 2018) include the following: Read more »

5
Sep

Executive Compensation at Methodist Health System (Dallas, TX)

Methodist Hospitals of Dallas, dba as Methodist Health System, is a non-profit, tax-exempt 501 (c) (3) that provides healthcare in 93 locations in north central Texas through 7 hospitals (note: the website shows 10 hospitals but the Form 990 shows 7 hospitals), medical centers, specialty centers, clinics, and medical groups Key information taken from the Form 990 (2016 for the year ending September 30, 2017) about Methodist Health System include the following details. Read more »

3
Sep

Where Does $100 to the Anti-Defamation League (ADL) Go?

The Anti-Defamation League (ADL) is a non-profit, tax-exempt 501 (c) 3 established in 1913 in the District of Columbia to defend “democratic ideals and eliminate anti-Semitism and bigotry in the United States and around the world, while providing knowledgeable leadership on a national level for the American Jewish community.”

Based in New York City, the ADL has staff in 26 offices nationwide. It is important to point out the ADL really consists of two entities:  the ADL and the Anti-Defamation League Foundation (Foundation) – both of whom operate out of the same office in New York City.  The Foundation helps support the mission of the ADL by providing funds and by managing the endowment and assets held by the Foundation. In addition, the organizations share many employees. Read more »

1
Sep

Executive Compensation at the ADL (2018)

The Anti-Defamation League (ADL) is a non-profit, tax-exempt 501 (c) 3 established in 1913 in the District of Columbia to defend “democratic ideals and eliminate anti-Semitism and bigotry in the United States and around the world, while providing knowledgeable leadership on a national level for the American Jewish community.”

Based in New York City, the ADL has staff in 26 offices nationwide. It is important to point out the ADL really consists of two entities:  the ADL and the Anti-Defamation League Foundation (Foundation) – both of whom operate out of the same office in New York City.  The Foundation helps support the mission of the ADL by providing funds and by managing the endowment and assets held by the Foundation.  Read more »

30
Aug

Executive Compensation at the American Legion

The American Legion is a non-profit, tax-exempt 501 (c) (19) – a veteran’s organization permitted to conduct social and welfare activities for its members.  Established more than 100 years ago, at the end of WWI, the American Legion (Legion) has about 1.8 million members. The organization is headquartered in Indianapolis, Indiana and is organized into 55 departments, one for each of the 50 states along with DC, Puerto Rico, France, Mexico, and the Phillipines.

There are two types of membership:  regular active and paid up for life.  Regular Active membership dues vary (but are about $40 annually) because each post determines their own dues rate. However, if a veteran joins through the Legion headquarters, a special introductory rate is provided and the new member is assigned to the post in which state he/she resides.  Paid up for Life membership is about $1,400. Read more »

28
Aug

Executive Compensation and Perks and Liberty University (2018)

With the most recent headlines reporting the resignation of Jerry Falwell, Jr. following several scandals including his wife’s affair with another man that lasted from 2012-2018, Falwell’s alleged penchant for watching his wife have sex with the young man, and that Liberty University is said to owe $10.5 million (2 years of salary at $1.25 million a year plus $8 million because his responsibilities were curtailed) to Falwell, we all have to wonder what’s been going on at Liberty University?

When questioned about the $10.5 million in exit compensation,  Mr. Falwell said “I didn’t break any rules – I get my compensation.” But the more important question is why the trustees of Liberty University ever entered into a contract with Falwell that would commit the university to paying Falwell $10.5 million if he left the university?  Was he that much of an asset to Liberty?  Could he have gotten that sweet deal from anywhere else? The answer is probably no and no.  So, why did the trustees give Falwell such a generous contract?  And, if he didn’t break any rules, why did he tender his resignation to the Board of Trustees and why did they so readily accept it? Read more »