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Recent Articles

24
Jan

Where Does $100 to the Jewish Federations of North America Go (2021)

The Jewish Federations of North American (JFNA) is a New York City-based 501 (c) (3) that represents 146 federations, more than 300 network communities and 30 Jewish community foundations (that are separately incorporated).  With 171 employees, JFNA is primarily engaged in fundraising and awarding grants (primarily to United Israel Appeal – a wholly owned subsidiary organization that files a separate Form 990, and the Joint Distribution Committee). Read more »

22
Jan

Executive Compensation at the United Jewish Appeal (UJA) Federation of NY (2021)

The United Jewish Appeal Federation of Jewish Philanthropies of NY, Inc is also known as the UJA Federation of NY.

Based in New York City, the UJA Federation of NY has historically been focused on raising funds and using those funds to make grants (61% of revenue in 2019, 68% of revenue in 2020, and 54% of revenue in 2021) – primarily to domestic Jewish organizations including $50 million to the Jewish Federations of North America in 2021 – and strengthen their balance sheet by allotting millions annually to the general fund (they reported having $1.5 billion in net assets by the end of 2021).

In 2021, the UJA Federation of NY used 54% of revenue ($181 million) for grants, 23% of revenue ($78 million) to pay for organization expenses, and allocated 23% of revenue ($75 million) to the general fund. Read more »

20
Jan

Executive Compensation at AARP (2021)

AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission:  “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older.  With an estimated 38 million members who pay $9-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. Read more »

18
Jan

How Revenue is Spent at AARP

AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission:  “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older.  With an estimated 38 million members who pay $9-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. Read more »

16
Jan

Executive Compensation at AARP (2020)

AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission:  “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older.  With an estimated 38 million members who pay $9-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. Read more »

14
Jan

Executive Compensation at AARP

AARP – the American Association of Retired Persons – is a tax-exempt, non-profit organization who offers a broad mission:  “to empower people to choose how they live as they age” but more specifically focuses on the issues and benefits of those 50 years and older.  With an estimated 38 million members who pay $9-$16 annually, AARP is one of the largest non-profit member-based organizations in the country. Read more »

12
Jan

Executive Compensation at Mount Sinai Hospital (2019)

Mount Sinai Hospital (MSH) is part of the Mount Sinai Health System (MSHS) – a network of 8 hospitals and a medical school formed in 2013 when the operations of Mount Sinai Medical Center and Continuum Health Partners merged. MSHS is the controlling entity or the affiliated organization – both non-profit and for profit – in the network.  Headquartered in New York City, NY, MSHS has about 4,000 beds and 38,000 employees, with nearly 18,500 of them employed by the Mount Sinai Hospital.

Key information to know about Mount Sinai Hospital (MSH), as reported on the Form 990 (2019) submitted to the IRS includes: Read more »

10
Jan

Executive Compensation at UPMC Group (2020)

The University of Pittsburgh Medical Center is a tax-exempt, non-profit healthcare provider with more than 90,000 employees that work in 40 hospitals and more than 800 healthcare-related clinics/offices and a 4 million member insurance services division (the largest medical insurer in western Pennsylvania).

The organization consists of hundreds of related/affiliated organizations (both non-profit and for-profit). This post addresses the executive compensation at UPMC Group (UPMC), a tax-exempt, non-profit 501 (c) 3 that employs the largest number of employees (66,000) within the system. Read more »

8
Jan

Executive Compensation at the American Heart Association (2021)

The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support that raises about $800 million annually and has more than $1.1 billion in net assets.

By most accounts, this organization is a magnet for public contributions and an expert at raising and saving money.  But, are they accomplishing their mission, which is to build healthier lives, free of cardiovascular disease and stroke (especially with hundreds of recipes on their website calling for eggs, dairy products, beef, poultry, pork – including bacon, a Type 1 carcinogen according to the World Health Organization, oil, sugar and white flour)? With heart disease the number one cause of death in the United States for decades, one has to wonder if all the contributions to the AHA are really helping to prevent and reverse heart disease? Read more »

6
Jan

Where Does $100 to the American Heart Association Go (2021)?

The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support (although the past few years (2018-2020) were not great years for the organization with total revenue down 12% in 2019 to $746 million (compared to $852 million in 2018) and down 6% to $700 million in 2019-2020).  But, 2021 was a seemingly brighter year for the AHA with total revenue reported to be $804 million.   That the AHA has more than $1.1 billion in their net fund balance is also noteworthy.

By most accounts, this organization is a magnet for public contributions and an expert at raising and saving money.  But, are they accomplishing their mission, which is to build healthier lives, free of cardiovascular disease and stroke (especially with hundreds of recipes on their website calling for eggs, dairy products, beef, poultry, pork – including bacon, a Type 1 carcinogen according to the World Health Organization, oil, sugar and white flour)? With heart disease the number one cause of death in the United States for decades, one has to wonder if all the contributions to the AHA are really helping to prevent and reverse heart disease? Read more »