Alice Waters: Put Your Menu Where Your Mouth Is
Recently, the Wall Street Journal (WSJ) printed a piece on food and specifically the food of the south of France. Underlying the story is a question: Why are we so hungry for the food of the South of France right now? In trying to answer that question, Alice Waters, the 79-year old founder of Chez Panisse in Berkeley, California said
We need to make our diets healthy by eating more fruit and vegetables and less meat, and we need to respond to climate change with farming methods that protect and renew the earth…which is what they’ve been doing in the south of France for centuries.
Executive Compensation at Dairy Management (2022)
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 (2022)
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-$170 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 Advent Health (2022)
AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with more than 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate tax-exempt non-profit and for-profit organizations.
This post looks at the executive compensation at Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to the affiliates. It is important to note there are dozens of other related and affiliated non-profits and for profit organizations related to AdventHealth that are not covered in this post. Read more
Executive Compensation at the American Bankers Association (ABA) 2022
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 more than $140 million annually, typically spends less than it brings in, and has accumulated$ 573 million in net assets – a $450 million increase over the previous year due to a windfall on the income statement in 2022 referred to as “transaction fees.” Read more
Executive Compensation at the American Bankers Association (ABA) 2021
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 more than $140 million annually, typically spends less than it brings in, and has accumulated $121 million in net assets. Read more
Executive Compensation at Americans For Prosperity (2022)
Americans For Prosperity (AFP) is a conservative political advocacy committee (PAC) founded in 2004 that is actually two organizations: AFP, the social welfare organization and therefore a 501 (c) (4), and the Americans For Prosperity Foundation (AFPF), an “educational” organization, a 501 (c) (3).
Both organizations are tax-exempt non-profits with two major differences between them: donations to AFP are not tax deductible while donations to AFPF are tax deductible; and, as a 501 (c) (4), AFP can engage in more lobbying (businesses and unions can donate unlimited amounts of funds) while AFPF, as a 501 (c) (3) can only engage in a limited amount of lobbying because the organization is considered an educational organization. Read more
How Americans For Prosperity Spends Revenue (2022)
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
Executive Compensation at Northwell Health (2022)
Northwell Health is New York’s largest healthcare provider with 21 hospitals and nearly 900 outpatient facilities with more than 90,000 employees across the network (which includes 135 tax-exempt organizations, 27 taxable partnerships, and 41 organizations taxable as a corporation or trust).
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 $1.8 billion in 2022 (out of $2 billion in total revenue). In other words, the organizations that make up Northwell Healthcare paid $1.8 billion to a related organization to manage themselves.
Expenses for NHI totaled $1.8 billion (not including $214 million in depreciation) with the largest expenses reported to be compensation ($958 million), office-related expenses ($364 million), purchased services and fees for services ($336 million), and interest ($95 million). Read more
Executive Compensation at the NCAA (2022)
The National Collegiate Athletic Association (NCAA) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.
There are 9 independent board members of the governing party, although 27 are listed on the Form 990 (2021 for the year ending August 31, 2022)- due to timing differences; 16 of the 27 (59%) board members are male while 11 of the 27 (41%) are female. Read more
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