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8
Sep

How America’s Health Insurance Plans Spends Revenue (2021)

America’s Health Insurance Plans (AHIP) is a tax-exempt, non-profit 501 (c) 6 – a trade organization – representing health insurance companies that provide coverage through employers, Medicare Advantage, Medicaid managed care, and open market plans that provide individual coverage. A political advocacy group to represent health insurer’s best interests, AHIP has been in the news recently because insurers are balking at consumer demand for more transparency on claim denials and health coverage. Read more »

6
Sep

How Revenue is Spent at Turning Point USA (2021)

Turning Point USA is a tax-exempt, non-profit 501 (c) 3 that advocates conservative principles on high school, college, and university campuses and in convention centers that focus on attracting high schoolers, college students, and young adults ages 15-25 who they often refer to as activists.

Established in 2012 by Charles Kirk, the President who received nearly $408,000 in 2021 and $430,000 in compensation in 2020, and flew first class or charter, according to the Form 990 (2020 for the year ending June 30, 2021) submitted to the IRS.

Turning Point USA is overseen by 5 voting members (directors) of the governing body, 4 of whom are independent. All directors are male. Read more »

4
Sep

Executive Compensation at the International Fellowship of Christians and Jews (2021)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews.”

There are 8 independent voting members (directors) of the governing body, although 9 are listed on the most recent Form 990 (2021) with 1 director, Keith Frankel related, which appears to be due to timing differences. 7 of the directors are male while 2 are female (note:  the Form 990 does not report gender; determinations were made based on name and google searches). Read more »

2
Sep

How Revenue is Spent at the International Fellowship of Christians and Jews (2021)

The International Fellowship of Christians and Jews (IFCJ) is a tax-exempt, non-profit 501 (c) 3 founded by a rabbi in 1983 as a way to “bless Israel and the Jewish people around the world with humanitarian care and life-saving aid” while “building bridges between Christians and Jews.”

How is revenue spent at IFCJ?  The short answer is that about half of revenue is spent on grants to Jewish organizations – in the US and in Israel – while about one third is spent on fundraising, printing and postage, television and radio airtime, staff compensation, fees for services, office-related expenses, and travel,, with the remaining put into savings.  For more detail, read on. Read more »

31
Aug

Executive Compensation at the Air Line Pilots Association (2021)

The Airline Pilots Association International (ALPA) is the largest airline pilot union in the world with more than 61,000 pilots from 38 US and Canadian airlines.  Based in McLean, Virginia, ALPA is a tax-exempt, non-profit 501 (c) (5) whose membership dues are approximately $3,600 annually (based on 1.9% of gross income which appears to be about $200,000 annually).

In 2021, ALPA reported total revenue of $222 million, most of which came from membership dues. Expenses totaled $163 million (including nearly $4 million in depreciation) with the largest expense reported to be compensation.

347 employees received $70 million in compensation which equates to an average compensation of $200,000.  230 employees received more than $100,000 in compensation with the 25 most highly compensated reported to be: Read more »

29
Aug

Executive Compensation at the Air Line Pilots Association (2020)

The Airline Pilots Association International (ALPA) is the largest airline pilot union in the world with more than 61,000 pilots from 38 US and Canadian airlines.  Based in McLean, Virginia, ALPA is a tax-exempt, non-profit 501 (c) (5) whose membership dues are approximately $3,600 annually (based on 1.9% of gross income which appears to be about $200,000 annually).

In 2020, ALPA reported total revenue of $226 million (compared to $235 million in 2019 which indicates despite the effects of COVID on airline travel, the revenue stream continued from members), most of which came from membership dues. Expenses totaled $154 million (including nearly $4 million in depreciation) with the largest expense reported to be compensation.

339 employees received $68 million in compensation which equates to an average compensation of $200,000.  229 employees received more than $100,000 in compensation with the 25 most highly compensated reported to be: Read more »

27
Aug

Executive Compensation at the NCAA (2021)

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 20 independent board members of the governing party, although 25 are listed on the Form 990 (2020 for the year ending August 31, 2021);   16 of the 25 (64%) board members are male while 9 of the 25 (36%) are female. Read more »

25
Aug

How the NCAA Spends Revenue (2021)

The National Collegiate Athletic Association (NCAA) is the most well known non-profit, tax-exempt 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.

The NCAA raises about $1 billion annually (except in 2020 when revenue dropped to about $500 million due to COVID) and it may surprise you to learn the number one source of revenue for this 501 (c) (3) is television rights fees (about 80% of revenue).   Read more »

23
Aug

Executive Compensation at the Institute of Electrical and Electronics Engineers (IEEE) 2021

The Institute of Electrical and Electronics Engineers (IEEE – pronounced “I Triple E”) is a non-profit tax-exempt 501 (c) (3) – a professional association for electrical and electronic engineers that serves the public good through its scientific and education (making their work available on a non-discriminatory basis (note:  a 501 (c) (6) serves an industry – not the public – and does not need to make their work available to the public in a non-discriminatory basis).

There are 31 voting members of the governing body, 30 of whom are independent;  22 of the 31 (70%) are male while 9 of the 31 (30%) are female.

Headquartered in Piscataway, New Jersey, IEEE reported having 1,150 employees who were compensated $178 million in 2021, which equates to an average compensation of $155,000.  568 employees received more than $100,000 in compensation with the 13 most highly compensated employees listed below: Read more »

21
Aug

How the Institute of Electrical and Electronics Engineers (IEEE) Spends Revenue (2021)

The Institute of Electrical and Electronics Engineers (IEEE – pronounced “I Triple E”) is a non-profit tax-exempt 501 (c) (3) – a professional association for electrical and electronic engineers that serves the public good through its scientific work and education (making their work available on a non-discriminatory basis (note:  a 501 (c) (6) serves an industry – not the public – and does not need to make their work available to the public in a non-discriminatory basis).

Headquartered in Piscataway, New Jersey, IEEE has more than 427,000 members from 160 countries. Membership dues vary by country and whether the member is a professional or student. In the USA, a professional membership is about $200 a year whereas a student membership is $32. Read more »