Executive Compensation at the Chamber of Commerce of the US (2021)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $204 million in 2021 (compared to $230 million in 2020 and $173 million in 2019), primarily from contributions, gifts and grants with less than $5 million coming from membership dues). Expenses totaled $192 million (94% of revenue), with the largest expenses reported to be compensation, fees for services, office-related expenses, and advertising), leaving $12 million allocated to the general fund. An $18 million adjustment for pension liability allowed USCOC to close the year with $63 million in net assets, compared to $32 million at the beginning of the year. Read more 
Executive Compensation at the Chamber of Commerce of the US (2020)
The US Chamber of Commerce (also known as the Chamber of Commerce of the United States of America) is the largest business organization in the United States representing businesses. A tax-exempt, non-profit 501 (c) 6 organization, the US Chamber of Commerce (USCOC) is based in Washington, DC.
The USCOC raised $230 million in 2020 (compared to $173 million in 2019), primarily from contributions, gifts and grants with only $5 million coming from membership dues) and historically spent what they raised but in 2020, expenses totaled $169 million (primarily compensation, fees for services, office-related expenses, and advertising), leaving $60 million allocated to the general fund (which eliminated the negative net asset position (-$24 million) and allowed USCOC to close the year with $32 million in net assets. Read more
Duke Energy Sucks: Handling Existing Customer Account Changes
We recognize the essential nature of our service and strive for excellence in all we do. We work our hardest to earn your confidence and trust every day. ~Duke Energy
There’s nothing like a monopoly in the US to make you think that maybe we don’t live in a first world country. Duke Energy, an American electric power and natural gas company headquartered in Charlotte, NC has a policy that no matter how long you’ve had an account and paid your bills on time, the company will not provide power to a new home unless they run a credit check, even if you prepay for the power. Ask them why? The standard answer is “it’s our policy.” That’s not a reason. Handling new accounts without a payment history is one thing; mishandling existing on-time paying customer accounts is quite another. Read more
Executive Compensation at Kaiser Health (2021)
Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 39 hospitals, more than 600 medical offices, and about 225,000 employees, Kaiser Health is considered one of the leaders in the industry.
Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization). Read more
Executive Compensation at Kaiser Health (2020)
Kaiser Health is one of many terms (Kaiser, Kaiser Permanente, etc) that refers to one of the nation’s largest not-for-profit health care insurers and providers with more than 12 million members (primarily in California but also in Hawaii, Colorado, Georgia, Oregon, Washington, Virginia, Maryland, and the District of Columbia). With 39 hospitals, more than 600 medical offices, and about 225,000 employees, Kaiser Health is considered one of the leaders in the industry.
Kaiser Health is comprised of the health plan (Kaiser Foundation Health Plan, Inc), the hospitals (Kaiser Foundation Hospitals) and the medical groups (Permanente Medical Groups) although there are numerous non-profits that make up the entire organization. The focus of this post is on the executive compensation reported on the Form 990 of the Kaiser Foundation Health Plan, Inc. (KFHP) because this organization reports the compensation for the key executives including the Chairman and CEO (as opposed to a related organization reporting compensation from a related organization). Read more
Executive Compensation at Goodwill (2021)
Goodwill Industries was established in 1902 and is widely known across the country as the place where we all donate clothing and household goods to help others. There are 155 Goodwill Industries autonomous organizations and more than 4,200 retail stores in the US and 12 countries that generated an estimated $6 billion in revenue in 2021.
Goodwill Industries International, Inc is the executive member association organization that provides oversight, support, expertise, and products to local agencies (each local agency/organization is a separate 501 (c) (3) that operates independently and pays membership dues to support Goodwill Industries International, Inc.). Read more
Executive Compensation at Mercy Health (Cincinnati, OH) 2019
Mercy Health is a non-profit, tax-exempt 501 (c) (3) healthcare provider in eight (8) regions (Cincinnati, Toledo, Youngstown, Springfield, Lima, Lorain, Northern Kentucky, and Paducah) in Ohio and Kentucky through 23 hospitals and hundreds of clinics, urgent care, and medical center locations. Although Mercy Health consists of dozens of affiliated and related organizations, the purpose of this post is the executive compensation as reported on the Form 990 (2019) submitted by Mercy Health to the IRS. However, it is important to note the following information about Mercy Health: Read more
Executive Compensation at AdventHealth (2021)
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 nearly 51 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.
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 all the subsidiaries. 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 AdventHealth (2020)
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 nearly 51 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.
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 all the subsidiaries. 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 Hillsdale College
Hillsdale College, a small private liberal arts college with 1,600 students in southern Michigan (Hillsdale) is the college virtually no one heard of 20 years ago. Founded by abolitionist, Free Will Baptist preachers nearly 200 years ago in 1844, Hillsdale until recently maintained a small word of mouth following among conservatives attracting students (and conservative parents of smart (avg ACT 30-34, mid-range SAT 1370-1480 – 89-96 percentile, mid-range GPA 3.9-4.0) young people) who want a conservative liberal arts education, which is kind of an oxymoron. Approximately 20% of applicants are accepted, of which 62% opt to enroll. Read more
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