18 Employees at Northwell Health Received $213 Million
18 of the most highly compensated employees at Northwell Healthcare, Inc (a non profit tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health – one of New York’s largest healthcare providers with 21 hospitals and nearly 900 outpatient facilities with more than 85,000 employees across the network, which includes 133 tax-exempt organizations, 28 taxable partnerships, and 50 organizations taxable as a corporation or trust for a total of 211 organizations) received $213 million in compensation from 2015-2023 (note: highly compensated employees in any of the years from 2015-2022 but not in 2023 are not included): Read more 
Executive Compensation at Northwell Health (2023)
Northwell Health is New York’s largest healthcare provider with 21 hospitals and nearly 900 outpatient facilities with more than 85,000 employees across the network (which includes 133 tax-exempt organizations, 28 taxable partnerships, and 50 organizations taxable as a corporation or trust) for a total of 211 organizations.
The focus of this post is on the executive compensation of Northwell Healthcare, Inc. (NHI), a non-profit, tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health. This means the primary source of income for NHI is the revenue the affiliated organizations give, which amounted to $2.2 billion in 2023 (out of $2.5 billion in total revenue). In other words, the organizations that make up Northwell Healthcare paid $2.2 billion to a related organization to manage themselves.
Expenses for NHI totaled $1.9 billion (not including $264 million in depreciation) with the largest expenses reported to be compensation ($1.1 billion), office-related expenses ($336 million), purchased services and fees for services ($275 million), and interest ($90 million). Read more
Where Does $100 to Wounded Warrior Go (2024)?
The Wounded Warrior Project is one of the most well-known non-profit charitable organizations focused on rebuilding the lives of wounded veterans. Established in 2003, the Wounded Warrior Project is a non-profit, tax-exempt 501 (c) (3) charitable organization whose stated mission is to “honor and empower wounded warriors.”
Most donors want to know how their donations are spent. If you gave $100 to the Wounded Warrior Project in 2024, the short answer is the organization spent $97 for every $100 raised in 2024 with revenue spent on five major categories: Read more
Executive Compensation at the Smithsonian (2023)
The Smithsonian is one of the most well-known museums in the world but you may not know that the Smithsonian is the world’s largest museum and research complex with 21 museums (9 of which are on the National Mall in Washington, DC, an additional 10 in the DC metropolitan area and 2 in New York City, plus the National Zoo, also in DC and the Smithsonian Gardens, also in DC), and 14 education and research centers. Collectively, these sites are the Smithsonian Institution, a 501 (c) (3), based in Washington, DC. Read more
How the Smithsonian Spends Revenue (2023)
The Smithsonian is one of the most well-known museums in the world but you may not know that the Smithsonian is the world’s largest museum and research complex with 21 museums (9 of which are on the National Mall in Washington, DC, an additional 10 in the DC metropolitan area and 2 in New York City, plus the National Zoo, also in DC and the Smithsonian Gardens, also in DC), and 14 education and research centers. Collectively, these sites are the Smithsonian Institution, a 501 (c) (3), based in Washington, DC.
The most recent IRS Form 990 (2022) for the year ending September 30, 2023 reports the following key information: Read more
20 Employees at Columbia University Receive $236 Million in Compensation
20 of the most highly compensated employees in 2023 of Columbia University – a private, Ivy League research University based in New York City, New York that raises about $7 billion a year (including more than $200 million from government grants) and has $19 billion in net assets – received $236 million from 2017-2023 (note: highly compensated employees in any of the years 2017-2022 but not in 2023 are not included): Read more
Executive Compensation at Columbia (2023)
Columbia University (Columbia) reported a very different year in 2023: after coming off a record year in 2022 when revenue reached an all time high ($7.1 billion) with expenses of $5.9 billion (including $300 million of depreciation), Columbia reported total revenue of $6.7 billion and expenses of $6.4 billion (including $300 million in depreciation) in 2023. However, Columbia increased net assets from $18.4 billion to $18.7 billion in 2023 by adding unspent revenue and nearly $150 million in unrealized gains on investments (offset by a negative $80 million adjustment to net assets for “other non-operating adjustments”) to the general fund.
In terms of compensation, 40,081 employees (up by 3,000 since 2022) were compensated $3.9 billion, which equates to an average compensation of $97,000. The 22 most highly compensated individuals (listed below) received $42 million which equates to an average compensation package of nearly $2 million: Read more
Executive Compensation at Dairy Management (2023)
Dairy Management Inc (DMI) is the big organization that most people haven’t heard of because unless you’re a dairy producer, work in the dairy industry, or work in the corporate offices of Pizza Hut, Taco Bell, Dominoe’s, or KFC, you would have no reason to know that this non-profit, tax-exempt 501 (c) (6) is the most powerful non-profit dairy organization in the country.
Considered a “check-off” program authorized by Congress but responsible to their members, DMI’s mission is to increase consumption of dairy products by finding more ways to get dairy products to the public including assisting fast food companies with menu items. Read more
How Dairy Management Spends Revenue (2023)
Dairy Management Inc (DMI) is a non-profit, tax-exempt 501 (c) (6) whose purpose is to promote dairy products in order to increase consumption of dairy products.
Funded by a mandate by Congress, DMI is what is referred to as a “check off program” where all producers have to contribute funds for the good of the industry. Dairy producers are required to contribute 15 cents per 100 pounds (foreign dairy producers are required to contribute 7.5 cents per 100 pounds) which equates to about 1.5 cents per gallon of milk, all of which adds up to about $150-$180 million annually (which is then spent on marketing (about 60%), administrative organization expenses (about 30%) and export expenses (about 10%). Read more
Executive Compensation at the American Bankers Association (ABA) 2023
The American Bankers Association (ABA) 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 tax-exempt 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 about $150 million annually, typically spends less than it brings in, and has accumulated more than $600 million in net assets. Read more
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