Executive Compensation at Shriners Hospitals (2019)
Shriners Hospitals for Children is a network of 22 hospitals that provide specialized pediatric care (orthopaedic, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, 20 out of the 22 hospitals are located in the United States and file IRS Form 990’s under two corporations:
- The Shriners Hospitals for Children (for 18 of the hospitals in the US) – a Colorado corporation based in Tampa, Florida; and
- The Shriners Hospitals for Children (for 2 of the hospitals in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.
Where Does $100 to Shriners Hospitals Go (2019)?
Shriners Hospitals for Children is a network of 22 hospitals that provide specialized pediatric care (orthopaedic, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, 20 out of the 22 hospitals are located in the United States and file IRS Form 990’s under two corporations:
- The Shriners Hospitals for Children (for 18 of the hospitals in the US) – a Colorado corporation based in Tampa, Florida; and
- The Shriners Hospitals for Children (for 2 of the hospitals in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.
How Revenue is Spent at Priority Health (Michigan)
Priority Health (PH) is a tax-exempt, non-profit health insurer with a million members throughout Michigan. With three shareholders (Spectrum Health System (93.3%), Munson Healthcare (5.5%), and McLaren Northern Michigan (0.6%), PH reports having 17 voting members of the governing body, 12 of whom are indecent. The Form 990 (2018) lists 19 directors (two are part year), of which 12 (63%) are male and 7 (37%) are female.
reports having no employees although the organization is staffed with employees at Spectrum Health System who are leased back to PH. Compensation is allocated to PH via a management fee.
Whether you’re a member, prospective member, or just curious about how insurance premiums are spent, this post will tell you how PH spent the premiums (revenue) in 2018. However, it is important to understand that both the insurance benefit provider (PH) and the medical provider (Spectrum Health System) are run by the same people even though they are separate non-profits. PH is selling the insurance for an HMO or senior market and the care is provided by Spectrum Health System, so the costs are somewhat controlled because one entity is controlling both parts of the health service (the insurance and the benefit). Read more 
Executive Compensation at Sanford Health (SD)
Sanford Health is a non-profit, tax-exempt healthcare system based in Sioux Falls, South Dakota. Made up of dozens of non-profits, partnerships, corporations, and trusts that include 46 hospitals, 210 clinics, more than 200 senior community living communities, and more staffed by nearly 50,000 employees, Sanford Health operates in 26 states and 10 countries.
The purpose of this post is to report the executive compensation in 2018 as reported by the Sanford Group Return – a tax-exempt, non-profit 501 (c) (3) managed by 14 trustees, 6 of whom are independent. 11 of the 14 (79%) trustees are male while 3 (21%) are female. Read more
Executive Compensation at Priority Health (2018)
Priority Health (PH) is a tax-exempt, non-profit health insurer with a million members throughout Michigan. With three shareholders (Spectrum Health System (93.3%), Munson Healthcare (5.5%), and McLaren Northern Michigan (0.6%), PH reports having no employees although the organization is staffed with employees at Spectrum Health System who are leased back to PH. Compensation is allocated to PH via a management fee. However, the 21 most highly compensated employees (note: part or all of compensation is paid by Priority Health and/or an affiliated/related organization including Spectrum Health System) are listed on Schedule J of the Form 990 and are reported as follows: Read more
Executive Compensation at Save The Children (2018)
Save the Children – the Fairfield, Connecticut-based non-profit in the US – is formally known as Save The Children Federation, Inc. and is part of the Save the Children Alliance (a group of 30 Save the Children groups throughout the world that also support Save the Children International). Established in 1932, Save the Children is a 501 (c) (3) and one of the most well-known charities in the world.
In 2018, Save the Children raised $830 million (including $321 million in government grants) – $70 million more than the previous year – and spent $834 million (not including $2 million in depreciation) primarily on grants ($634 million), staff compensation and benefits ($107 million), fees for services ($46 million), and office-related expenses ($20 million). Read more
Where Does $100 to Save The Children Go (2018)?
The Save the Children Fund is one of the most recognizable charitable organizations in the world. Established more than a hundred years ago in 1919, the organization is legally known as Save the Children Federation, Inc. in the United States, but is often simply referred to as “Save the Children.”
On the Save the Children website (www.savethechildren.org), the organization reports that “86% of all expenditures went to program services” with the key word being “expenditures.” Expenses are normally analyzed as a percentage of revenue, not as a percentage of total expenditures because both parts of the equation – revenue and expenses – are important to understand how an organization is operating. Without revenue, it doesn’t matter how much of an organization’s expenditures were spent in a single category. Both sides of the equation have to be considered. In addition, most people want to know how their charitable contribution (which is revenue) was spent. In order to know this, an analysis has to include the revenue collected and the revenue spent. Read more
Executive Compensation at the American Heart Association (2019)
The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support but 2018-2019 was not a great year for the organization. Total revenue reported was down 12% to $746 million (compared to $852 million the prior year). That the AHA has nearly a billion dollars 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
Where Does $100 to the American Heart Association (AHA) Go (2019)?
The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support but 2018-2019 was not a great year for the organization. Total revenue reported was down 12% to $746 million (compared to $852 million the prior year). That the AHA has nearly a billion dollars 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
Executive Compensation at St. Jude (2019)
When people think of St. Jude’s, they often associate the organization with the children’s research hospital but St Jude’s is actually two organizations:
- St. Jude Children’s Research Hospital (St Jude’s): the children’s hospital that provides research and medical care; and
- American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization that exists to raise funds for St. Jude’s
Although most non-profits do not separate fundraising from services, St. Jude’s does, so both organizations need to be analyzed because St. Jude’s relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more
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