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23
May

Executive Compensation at the American Medical Association (AMA) 2024

The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:

  • publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
  • maintain a code of medical ethics,
  • create and maintain physician data which is sometimes referred to as master files; and
  • update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.

Read more »

21
May

How the AMA Spends Revenue (2024)

The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:

  • publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
  • maintain a code of medical ethics,
  • create and maintain physician data which is sometimes referred to as master files; and
  • update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.

Read more »

19
May

Executive Compensation at the University of Miami (2024)

The University of Miami (UM) is a private research university with about 20,000 students (13,000 undergrads and 7,000 graduate and medical students) in .

Approximately 58,000 undergraduate students apply annually; 18% or about 10,000 are accepted, and about 2,500 choose to attend.  Annual tuition, room and board is about $96,000 or about $384,000 for a 4-year degree.

When analyzing colleges and universities generally, there are 6 key numbers to look at: Read more »

17
May

13 Executives at Geisinger Take Home $121 Million in Compensation

13 of the most highly compensated employees of Geisinger Health in 2024 (a large integrated healthcare system with an estimated 24,000 employees working in 10 hospitals and numerous medical care facilities that primarily serve the central and northeastern Pennsylvania region.  Acquired by Risant Health, Geisinger is now a part of Kaiser Permanente, who counts Risant Health as a subsidiary), received $121 million in compensation from 2018-2024: Read more »

15
May

Executive Compensation at Geisinger (2024)

Geisinger is a large integrated healthcare system with an estimated 24,000 employees working in 10 hospitals and numerous medical care facilities that primarily serve the central and northeastern Pennsylvania region.  Acquired by Risant Health, Geisinger is now a part of Kaiser Permanente (who counts Risant Health as a subsidiary).

In 2024, Geisinger was made up of many organizations:  54 tax-exempt entities, 10 taxable partnerships, and 15 taxable corporations or trusts.  These organizations contribute to an organization called Geisinger System Services who provides overall management services to the organizations that makeup Geisinger Health.  In 2024, these organizations paid more than $800 million to Geisinger System Services, who spent about half of that revenue on compensation ($415 million), office-related expenses ($167 million), and fees for outside services ($154 million). Read more »

13
May

42 Employees at Mass General Brigham Take Home $309 Million in Compensation

Mass General Brigham (formerly known as Partners HealthCare) is a non-profit, tax-exempt healthcare provider with 16 member institutions that include hospitals, medical centers, urgent and emergency care facilities, community health centers, physician and rehabilitation networks, a teaching organization, health insurance plan, and more in the Boston area who changed its name to Mass General Brigham (taking the name of two premier hospitals: Massachusetts General and Brigham and Women’s) in November, 2019.

With 92,000 employees (including 6,500 physicians and 9,100 registered nurses), Mass General Brigham is the largest private employer and healthcare provider in Massachusetts. The Mass General Brigham healthcare network has dozens of related and affiliated tax-exempt organizations and several taxable as a corporation, partnership, or trust (see Schedule R of the Form 990’s). Read more »

11
May

21 Employees of Mass General Brigham Take Home $161 Million in Compensation

21 of the most highly compensated employees of Mass General Brigham, Incorporated  (the administrative non-profit whose revenue derives from related and affiliated organizations for managing the whole network) in 2024 received $161 million in compensation from 2020-2024 (note:  highly compensated employees in any of the years 2020-2023 but not in 2024 are not included): Read more »

9
May

Executive Compensation at Mass General Brigham (2024)

Mass General Brigham (formerly known as Partners HealthCare) is a non-profit, tax-exempt healthcare provider with 16 member institutions that include hospitals, medical centers, urgent and emergency care facilities, community health centers, physician and rehabilitation networks, a teaching organization, health insurance plan, and more in the Boston area who changed its name to Mass General Brigham (taking the name of two premier hospitals: Massachusetts General and Brigham and Women’s) in November, 2019.

With an estimated 80,000-90,000 employees (including 7,000 physicians and 9,100 registered nurses), Mass General Brigham is the largest private employer and healthcare provider in Massachusetts. The Mass General Brigham healthcare network has dozens of related and affiliated tax-exempt organizations and several taxable as a corporation, partnership, or trust (see Schedule R of the Form 990’s). Read more »

7
May

5 Employees of the NRA Take Home $35 Million in Compensation

5 of the most highly compensated employees of the NRA in 2024 took home $35 million in compensation (note:  does not include any highly compensated employee from 2015-2023 but not in 2024, including Chris Cox who received $13 million from 2015-2021, Joshua Powell who received $3 million from 2017-2019, and Oliver North, who received more than $2 million in 2018-2019) from 2015-2024: Read more »

5
May

Executive Compensation at the NRA (2024)

The National Rifle Association of America (NRA) is a non-profit 501 (c) (4) organization or what many people refer to as an membership advocacy organization that fights tirelessly for our second amendment rights and pays their executives very well while also paying for first class or charter travel.

The most recent IRS Form 990 (2024) reports the organization employed 487 individuals (compared to 496 in 2023, 507 in 2022, 521 in 2021, 640 in 2020 and 770 in 2019) who were compensated $37 million, which equates to an average compensation of nearly $76,000. 102 employees (compared to 97 in 2023, 119 in 2022, 92 in 2021, 107 employees in 2020 and 149 employees in 2019) received more than $100,000 in compensation while the 18 most highly compensated key executives received $8 million in 2024: Read more »