Executive Compensation at the US Chamber of Commerce
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 raises about $160 million annually (primarily from contributions, gifts and grants with only $5 million coming from membership dues) and spends what it receives. In fact, the USCOC has a negative net asset position (-$26 million) which is an important consideration when the 10 most highly compensated employees received $24 million in compensation in 2018. In addition, USCOC paid for first class and charter travel, companion travel, health or social club dues or initiation fees, and for personal services (i.e. maid, chauffeur, chef). Read more 
Executive Compensation at the National Geographic Society
When we think of the National Geographic Society (NGS), we often think of the magazine, which according to my childhood friends, was the first magazine they could look through to see naked people. But, the National Geographic Society is so much more than just the magazine. In their own words, they “identify and invest in an international community of explorers: leading scientists, educators, storytellers, conservationists, technologists, and many other change makers who help us define some of the critical challenges of our time….”
The NGS is a tax-exempt non-profit 501 (c) 3 organization based in Washington, DC that primarily relies on investment income (gains on the sale of investments, dividends, interest, etc), royalties, and contributions for revenue. With $1.4 billion in net assets, NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $30 million annually) are not enough. Read more
Executive Compensation at the National Student Clearinghouse
The National Student Clearinghouse (NSC) is a tax-exempt, non-profit and non-governmental organization (a 501 (c) 4) that counts itself as the leading provider of educational reporting, data exchange, verification, and research services for nearly 14,000 high schools (representing 70% of secondary students enrolled) and 4,000 colleges and universities (representing 99% of students enrolled).
Based in Herndon, Virginia, NSC is governed by a board of directors (15) from educational institutions, associations, and finance. In the most general terms, NSC raises about $60 million annually (primarily from verification, transcript, research, and enrollment verification services), spends about $60 million annually, and has about $25 million in net assets. So, NSC is a small non-profit whose primary expense is compensation for the employees. Read more
Executive Compensation at Centura Health (2018)
Centura Health is a tax-exempt, non-profit 501 (c) 3 healthcare provider based in Centennial, Colorado. With 17 hospitals, 14 affiliate hospitals, and hundreds of other healthcare providers (clinics, practices, etc), Centura Health is a faith-based organization with more than 21,000 employees.
This post addresses the executive compensation at the Centura Health Corporation (CHC) – an organization that has two members: Portercare Adventist Health System (a Florida not-for-profit corporation) and Catholic Health Initiatives Colorado (a not-for-profit Colorado corporation) – that provides overall management of the healthcare system. There are 9 voting members of the governing party, 7 of whom are independent; 8 of the board members are male while 1 is a female. Read more
Executive Compensation at the National Restaurant Association (2018)
The National Restaurant Association (NRA) had a windfall of about $170 million in 2018 when they sold the “National Restaurant Association Show” to a unrelated private company Winsight, LLC – an information services company focused on the food and beverage industry. Consideration received included a promissory note (about $150 million) and an equity investment in Winsight, LLC. A sponsorship agreement provides annual royalty payments equal to 2% of the gross revenues of the show for 45 years, beginning in 2019.
The NRA is the largest food trade organization in the world. Governed by a Board of Directors comprised of 90 leaders (although the Form 990 indicates there are 71 independent board members with 74 listed (60 males and 14 females) because of timing differences) in the industry, the National Restaurant Association is a professional trade association, a tax-exempt non-profit organization based in Washington, DC. Read more
Executive Compensation at the National Mining Association
The National Mining Association (NMA) is a trade association that represents the interests of miners before Congress, the judiciary, the administration, federal agencies and the media. A tax-exempt, non-profit 501 (c) 6, the NMA’s stated mission is to “build support for public policies that will help America fully and responsibly utilize its coal and mineral resources.”
Headquartered in Washington, DC, the NMA has a membership of more than 250 corporations and organizations. By most accounts, coal mining is a shrinking industry because natural gas and renewable facilities are cheaper, although Wyoming and West Virginia may have a different opinion since they are the two states with the largest coal production. Read more
Executive Compensation at the National Confectioners Association
The National Confectioners Association (NCA) is tax-exempt, non-profit trade association (501 (c) 6) that promotes chocolate, candy, gum, and mints along with the companies that make these treats. Based in Washington, DC, the NCA focuses on 7 key areas:
- Public Policy and Government Affairs
- Scientific and Regulatory Affairs
- Industry Affairs and the Sweets & Snacks Expo
- International Business Development
- Meetings and Membership
- Public Affairs and Communications
- Administration and Finance
Executive Compensation at Yale New Haven Health (2018)
Yale New Haven Health Services is a healthcare provider with more than 26,000 employees that work in 5 hospitals and numerous medical offices in Connecticut. Based in New Haven, Connecticut, Yale New Haven Health Services (the system) consists of dozens of non-profit organizations, corporations, partnerships, and trusts that provide an integrated health experience from routine medical care to debt collection.
The parent corporation of the integrative healthcare system known as Yale New Haven Health Services (YNHHS) is Yale New Haven Health Services Corporation (YNHHSC). This post reports the executive compensation at YNHHSC as reported to the IRS on Form 990. To learn about executive compensation at affiliated organizations, the Form 990 for the related organization that employs the person must be consulted. Read more
Rawmantic Bars
If there is one product that has commanded more shelf space in recent years, it’s the energy/protein/snack bar. From a one shelf allocation in the cookie aisle of grocery stores years ago to a partial grocery aisle today, bars have become the go-to supplement for millions of Americans.
Although bars are convenient, most of them have too much sugar and/or unhealthy ingredients, or just taste awful. For me, it got to the point that the only time I packed a bar was if I was going for a hike or a road trip because the alternative was worse – no food or SAD (Standard American Diet) food. Read more
Executive Compensation at SSM Health (St Louis,MO)
SSM Health is a Catholic tax-exempt not-for-profit healthcare provider made up of dozens of organizations (non-profits, corporations, trusts, and partnerships) that provide services in four states (Missouri, Illinois, Wisconsin, and Oklahoma) in 23 hospitals, about 300 physician offices, 10 post acute, comprehensive home and hospice services, a pharmacy benefit company, health insurer, and more.
SSM Health Care Corporation is overseen by 17 voting members of a governing party, 15 of whom are independent. 18 directors are listed on the Form 990 (due to timing differences). 8 directors are female while 10 are male.
The system as a whole is overseen by SSM Health Care Corporation, the parent who provides management and centralized support services to the hospitals and other organizations in the system. Consequently, most revenue comes from corporate fees, investment fees, and investment income. Read more
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