Executive Compensation at the American Bar Association
The American Bar Association (ABA) is a Chicago-based non-profit 501 (c) (6) that serves the members of the legal profession. Established in 1878, the ABA has grown to more than 400,000 members, raises about $150 million annually (membership dues, meeting fees, gains on the sale of assets, royalties, publications, accreditation fees, contributions, advertising, etc), and has more than $150 million in net fund assets (which some people refer to as an endowment).
The most recent IRS Form 990 (2017 for the year ending August 31, 2018) reports the organization employed 751 individuals who were compensated nearly $79 million (about 53% of total revenue), which equates to an average compensation of $105,200. However, only 114 employees received more than $100,000 in compensation which means there were some very highly compensated employees. Specifically, the 16 most highly compensated employees were reported to be: Read more