Executive Compensation at the American Petroleum Institute
The American Petroleum Institute (API) is a tax-exempt non-profit trade association for the oil and natural gas industry. Based in Washington, DC API influences puli policy in support the oil and natural gas markets. API is managed by 44 members (board members) of the governing body, 43 of whom are independent, although the most recent Form 990 (2019) lists 50 board members, 41 of whom are male (82%) and 9 of whom are female (18%). Read more 
Executive Compensation at the American Psychological Association
The American Psychological Association (APA) is a tax-exempt, non-profit professional organization with more than 122,000 members. However, the APA is not a trade association dependent upon member dues or contributions, gifts and grants from the public or government. Instead, the APA is reliant on licensing fees and book and journal subscriptions that provided $104 million of the $132 million in revenue reported in 2019.
Expenses totaled $136 million (not including $3 million in depreciation) in 2019 with the largest expenses reported to be compensation. 716 employees received $75 million in compensation, which equates to an average compensation of $105,000. However, only 163 employees received more than $100,000 in compensation with the 12 most highly compensated employee reported to be: Read more
Where Does $100 to the American Psychological Association Go?
The American Psychological Association (APA) is a tax-exempt, non-profit professional organization with more than 122,000 members, although the APA is not a trade association. Consequently, membership dues make up a very small portion of total revenue ($4 million out of $132 million in 2019) while licensing fees, which provided $80 million (or about 60% of total revenue) followed by books and journal subscriptions that provided $24 million (nearly 20% of total revenue) appear to be the bread and butter of the APA.
Unlike most non-profits, contributions, gifts and grants provided a negligible amount of income to the APA (less than $2 million in 2019), making the APA a unique non-profit whose reliance is not on donors, but instead licensees. Read more
Executive Compensation at the American Chemical Society (2019)
The American Chemical Society (ACS) is a tax-exempt, non-profit 501 (c) 3 (not a trade association like the American Chemistry Council) with more than 150,000 members in 150 countries. Based in Washington, DC, ACS works to advance the benefits of chemistry and they do this primarily by selling information (about 83% of revenue in 2019 came from the sale of information). Read more
Executive Compensation at the American Farm Bureau Federation
The American Farm Bureau Federation (AFBF) is a tax-exempt, non-profit 501 (c) 5 – an agricultural organization – that is also known as Farm Bureau Insurance, Farm Bureau, Inc. and simply Farm Bureau. Based in Washington, DC, AFBF is an insurance company (although the income statement does not report insurance premium revenue) and lobbying group representing the interests of the American agricultural industry with memberships starting at $25 annually.
AFBF is governed by 34 voting members (directors) of a governing body, 33 of whom are independent, although the most recent Form 990 (2019) lists 38 directors (due to timing differences) who receive $0 – $522,000 annually. 36 of the 38 (94%) directors listed are male while 2 of the 36 (6%) are female. Read more
Executive Compensation at the American Bankers Association (2019)
The American Bankers Association (ABA) is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a tax-exempt association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.
While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises more than $100 annually, typically spends less than it brings in, and has accumulated nearly $50 million in net assets (although net assets would be significant higher if not for a $35 million downward adjustment because of underfunded pension requirements). Read more
Executive Compensation at the American Chemistry Council (2019)
The American Chemistry Council (ACC) is a tax-exempt, non-profit trade association (501 (c) 6) that represents 160 member companies (although the organization’s_ website claims 190) that produce or sell chemistry products in the US and abroad. Based in Washington, DC, the ACC is managed by 52 independent voting members (board members) of the governing body, of which 46 (88%) are male, 6 (12%) are female. Read more
Why I (a Democrat) Donated to Liz Cheney’s Re-Election Campaign
If you would have asked me a few years ago if I would ever donate to Liz Cheney’s re-election campaign, the answer would have been “I would rather eat dirt” then endorse a politician who does not support gay rights, gun control, and most important of all: a woman’s right to choose what to do with her body. But, if there’s anything I’ve learned the past few years, it’s “never say never.”
On the political spectrum, I would be classified as a fiscally conservative socially liberal independent. With two major political parties (the Democrats and the Republicans) controlling this country, most candidates take the party stand on issues so it’s difficult to completely support a candidate if you’re a moderate centralist. You have to decide which issues are the most important to you and not be a single issue voter because life is way too complicated to narrow support to one issue. Read more
How the American Chemistry Council Spends Revenue
The American Chemistry Council (ACC) is a tax-exempt, non-profit trade association (501 (c) 6) that represents 160 member companies (although the organization’s website claims 190) that produce or sell chemistry products in the US and abroad. Based in Washington, DC, the ACC is managed by 52 independent voting members (board members) of the governing body, of which 46 (88%) are male, 6 (12%) are female. ACC also controls a foundation and a PAC (political action committee). Read more
Where Does $100 to the American Red Cross Go (2020)?
When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.
Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2009 to address reforms to the organization. Read more
