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1
Dec

Executive Compensation at the American Medical Association (AMA)

The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose mission is to “promote the art and science of medicine and the betterment of public health.” They do this by publishing JAMA (Journal of the American Medical Association) – a peer reviewed medical journal that publishes original research, reviews, and editorials of medicine, maintaining a code of medical ethics, collecting and maintaining physician data which is sometimes referred to as master files, and maintaining medical codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees. Read more »

29
Nov

Executive Compensation at Big Brothers Big Sisters (2018)

Big Brothers Big Sisters is actually the abbreviated name of more than 250 affiliated organizations around the country. At the heart of Big Brothers Big Sisters is the national office which is named Big Brothers Big Sisters of America (BBBSA). BBBSA not only raises revenue and awards grants to the affiliates but also provides guidance, standards, training, and education to the affiliates. Therefore, the executive compensation at BBBSA is the focus of this post (However, it is important to note that each affiliate is a separate 501 (c) (3) that files a Form 990 with the IRS. Executive compensation within each affiliate is listed on the Form 990 submitted by the affiliate.

BBBSA employed 53 staff (down from 60 the prior year) who were compensated $4.5 million ($200,000 more than the previous year), which equates to an average compensation of $85,000 in 2018 (note:  the year began July 1, 2017 and ended June 30, 2018).  7 employees received more than $100,000 in compensation with the most highly compensated employees listed below: Read more »

23
Nov

Where Does $100 to Freedom From Religion Go?

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.                                                                             ~First Amendment

The Freedom From Religion Foundation (FFRF) is a non-profit 501 (c) (3) whose primary purpose is to promote the constitutional principle of separation of church and state, which makes so much sense because the USA is home to Christians (Protestants and Catholics), Jews, Mormons, Buddhists, Islamics, Hindus, Agnostics, Atheists, and more. And, yet the battle to keep religion and government separate is on-going because some members of the religious right and other religious orders are intent on pushing their beliefs upon others who do not share the same religious beliefs. Read more »

21
Nov

How Membership Dues are Spent at the American Bar Association

The American Bar Association (ABA) is a non-profit 501 (c) (6) whose purpose is to serve the members of the legal profession in a variety of ways including education. Based in Chicago, Illinois, the ABA has more than 400,000 members who pay $75-$450 in dues annually (depending on their years as a lawyer and type of practice which equates to about $67 million annually (in 2018). To put this number in perspective, the ABA reported total revenue of $149 million in 2018, so about 45% of revenue was from dues. The remaining revenue was from meeting fees ($27 million), gains on the sale of assets ($20 million), royalties ($9 million), publication revenue ($8 million), contributions, gifts, and grants ($8 million), accreditation fees ($5 million), and advertising and other program revenue ($5 million). Read more »

19
Nov

Executive Compensation at the American Bar Association

The American Bar Association (ABA) is a Chicago-based non-profit 501 (c) (6) that serves the members of the legal profession. Established in 1878, the ABA has grown to more than 400,000 members, raises about $150 million annually (membership dues, meeting fees, gains on the sale of assets, royalties, publications, accreditation fees, contributions, advertising, etc), and has more than $150 million in net fund assets (which some people refer to as an endowment).

The most recent IRS Form 990 (2017 for the year ending August 31, 2018) reports the organization employed 751 individuals who were compensated nearly $79 million (about 53% of total revenue), which equates to an average compensation of $105,200.  However, only 114 employees received more than $100,000 in compensation which means there were some very highly compensated employees. Specifically, the 16 most highly compensated employees were reported to be: Read more »

17
Nov

Executive Compensation at the American Bankers Association

The American Bankers Association 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 non-profit 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 $100 annually, typically spends less than it brings in, and has accumulated more than $40 million in net assets. But, what is particularly startling is the compensation of executives.

In 2017, 398 employees were compensated $66 million, which equates to an average compensation of $166,300. However, only 173 employees received more than $100,000 in compensation which means there were some very highly compensated people in the organization. Read more »

13
Nov

Where Does $100 to Compassion International Go (2018)?

Compassion International, Inc. (CI) is a Colorado Springs, Colorado based 501 (c) (3) engaged in Christian ministry to “release children from their economic, social, physical, and spiritual poverty.”  Key information (based on the information submitted on the 2018 Form 990 to the IRS) include the following:

CI raised $953 million, nearly all of which came from contributions.

Expenses totaled $933 million (including $12 million in depreciation), leaving $20 million unspent and allocated to the general fund which had $269 million (net fund balance or what some people refer to as the endowment) at year-end. Read more »

11
Nov

Executive Compensation at Compassion International (2018)

Compassion International, Inc. (CI) is a Colorado Springs, Colorado based 501 (c) (3) engaged in Christian ministry to “release children from their economic, social, physical, and spiritual poverty.”  Although CI is one of the largest US charities based in Colorado, the organization primarily operates internationally having raised $953 million in 2018 and spent $635 million ($67 out of every $100 in revenue) on grants to foreign organizations, individuals, and governments. Read more »

7
Nov

Executive Compensation at Big Brothers Big Sisters

Big Brothers Big Sisters is actually the abbreviated name of more than 250 affiliated organizations around the country. At the heart of Big Brothers Big Sisters is the national office which is named Big Brothers Big Sisters of America (BBBSA). BBBSA not only raises revenue and awards grants to the affiliates but also provides guidance, standards, training, and education to the affiliates. Therefore, the executive compensation at BBBSA is the focus of this post (However, it is important to note that each affiliate is a separate 501 (c) (3) that files a Form 990 with the IRS. Executive compensation within each affiliate is listed on the Form 990 submitted by the affiliate).

BBBSA employed 60 staff who were compensated $4.3 million, which equates to an average compensation of $72,000 in 2017 (note:  the year began July 1, 2016 and ended June 30, 2017).  8 employees received more than $100,000 in compensation with the 7 most highly compensated employees listed below: Read more »

5
Nov

Where Does $100 to Big Brothers Big Sisters Go?

Where does $100 to Big Brothers Big Sisters go?  The answer depends on whether the $100 was given to the national office, the foundation, or one of the 250 local affiliate offices.  Since the national office, referred to as Big Brothers Big Sisters of America (BBBSA), is the largest of the Big Brothers Big Sisters organizations (in terms of revenue raised), the focus of this post will be on the national office (but don’t hesitate to read the Form 990 for your local affiliate). Read more »