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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 »

19
Aug

Executive Compensation at Bon Secours Mercy Health (2021)

Bon Secours Mercy Health (BSMH) became one of the largest Catholic healthcare providers serving communities in Ohio, Kentucky, New York, Pennsylvania, Maryland, Virginia, South Carolina, and Floria when merged with Mercy Health in September, 2018.

A tax-exempt, non-profit healthcare system that consists of dozens of related/affiliated organizations, BSMH reports the net patient revenue from 29 hospitals and other care facilities, and “corporate management fees” (nearly $400 million) to a related organization.

This post is limited to the executive compensation reported by BSMH. Read more »

17
Aug

Executive Compensation at Bon Secours Mercy Health (2020)

Bon Secours Mercy Health (BSMH) became one of the largest Catholic healthcare providers serving communities in Ohio, Kentucky, New York, Pennsylvania, Maryland, Virginia, South Carolina, and Floria when merged with Mercy Health in September, 2018.

A tax-exempt, non-profit healthcare system that consists of dozens of related/affiliated organizations, BSMH reports the net patient revenue from 29 hospitals and other care facilities, and “corporate management fees” (nearly $400 million) to a related organization.

This post is limited to the executive compensation reported by BSMH. Read more »

15
Aug

Executive Compensation at the Alzheimer’s Association (2022)

The Alzheimer’s Disease and Related Disorders Association is commonly referred to as the Alzheimer’s Association. A tax-exempt, non-profit 501 (c) 3 whose goal is to eliminate Alzheimers Disease through research but also offer support, information/public awareness, and education on the disease, the Alzheimer’s Association raised $502 million (compared to $405 million in 2021, $403 million in 2020 and $390 million in 2019), primarily from contributions, gifts, and grants ($460 million including $27 million from the government). Read more »

13
Aug

Where Does $100 to the Alzheimer’s Association Go (2022)?

The Alzheimer’s Disease and Related Disorders Association is commonly referred to as the Alzheimer’s Association. A tax-exempt, non-profit 501 (c) 3 whose goal is to eliminate Alzheimers Disease through research but also offer support, information/public awareness, and education on the disease, the Alzheimer’s Association raised $502 million in 2022 (compared to $405 million in 2021, $403 million in 2020 and $390 million in 2019), primarily from contributions, gifts, and grants ($460 million including $27 million from the government). Read more »

11
Aug

Executive Compensation at Mercy Health (Wisconsin) 2021

Mercyhealth is a regional healthcare system with 7 hospitals (and a 7th to open in 2023) and about 85 facilities in 50 communities in southern Wisconsin and northern Illinois. Headquartered in Janesville, Wisconsin, Mercyhealth consists of many non-profit, tax-exempt organizations (9) and also owns several organizations that are taxed as corporations including Mercycare Insurance Company, Rockford Health Insurance (which is domiciled in Bermuda), and Mercycare HMO (which consolidated with Mercycare Insurance Company). Read more »

9
Aug

Executive Compensation at Memorial Hermann Health (2021)

Memorial Hermann Health System (MHHS) is a Houston-based tax-exempt, non-profit healthcare provider with more than 30,000 employees and 6,000 physicians that serve in 17 hospitals (14 that the organization owns and 3 in which they have joint ventures) and 300 care delivery sites in the Houston, Texas metropolitan area.

MHHS consists of many organizations (non-profits, corporations, trusts, and partnerships) but for the purpose of this post, the executive compensation reported on MHHS – a 501 (c) (3) – is addressed. Read more »

7
Aug

Executive Compensation at Intermountain Healthcare (2021)

Intermountain Healthcare refers to a large healthcare system (33 hospitals and nearly 400 clinics) based in Salt Lake City, Utah. Although there are  numerous organizations under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc.  – both of whom operate out of the same office. Read more »