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Posts from the ‘Non-Profits’ Category

1
Apr

7 Employees of the National Association of Realtors (NAR) Take Home $35 Million in Compensation

7 highly compensated employees in 2024 of the National Association of Realtors (NAR) – a tax exempt non-profit trade association – received $35 million in compensation from 2018-2024 (note:  highly compensated employees in any of the years 2018-2023 but not in 2024 are not included –  for example, Bob Goldberg who received $15 million from 2018-2023 and Dale Stinton who received $7 million from 2017-2022 although he worked 3o minutes a week from 2019-2022 and received $10,000 an hour or $250,000 annually during those years). Read more »

30
Mar

Executive Compensation at the National Association of Realtors (NAR) 2024

The National Association of Realtors (NAR) is the largest professional trade association in the US. A non-profit tax-exempt 501 (c) (6) based in Chicago, Illinois, NAR represents 1.5 million members (although this number could greatly decline with the most recent judicial proceedings that eliminate rules on commissions, as agents leave the industry when faced with lower commissions) who belong to one or more of the 1,300 associations/boards and 54 state or territory associations.  Members can be residential or commercial brokers, sales people, property managers, real estate appraisers, counselors and others who work in the real estate industry.

NAR functions as a self regulatory agency, a lobbying organization, and as a provider of accreditation and certification of designations. Read more »

28
Mar

How Membership Dues are Spent at the National Association of Realtors (2024)

The National Association of Realtors (NAR) is the largest professional trade association in the US. A non-profit tax-exempt 501 (c) (6) based in Chicago, Illinois, NAR represents 1.5 million members (although this number could greatly decline with the most recent judicial proceedings that eliminate rules on commissions, as agents leave the industry when faced with lower commissions) who belong to one or more of the 1,300 associations/boards and 54 state or territory associations.  Members can be residential or commercial brokers, sales people, property managers, real estate appraisers, counselors and others who work in the real estate industry.

NAR functions as a self regulatory agency, a lobbying organization, and as a provider of accreditation and certification of designations. Read more »

26
Mar

20 Employees at Corewell Health Take Home $143 Million in Compensation

20 highly compensated employees in 2024 at Corewell Health ((a tax-exempt, non-profit healthcare system – a 501 (c) 3 – that was formed in 2022 when Beaumont Health (based in Detroit, Michigan) merged with Spectrum Health (based in Grand Rapids, Michigan) with 21 hospitals and 300 outpatient locations staffed by 65,000 employees; and a system that consists of 14 tax-exempt organizations, 7 organizations taxable as a partnership, and 32 organizations taxable as a corporation or trust)) received $143 million in compensation from 2018-2024 (note:  highly compensated employees in any of the years 2018-2023 but not in 2024 are not included): Read more »

24
Mar

Executive Compensation at Corewell Health (2024)

Corewell Health (Corewell) is a tax-exempt, non-profit healthcare system – a 501 (c) 3 – that was formed in 2022 when Beaumont Health (based in Detroit, Michigan) merged with Spectrum Health (based in Grand Rapids, Michigan) with 21 hospitals and 300 outpatient locations staffed by more than 60,000 employees.

Corewell consists of 13 tax-exempt organizations, 9 organizations taxable as a partnership, and 37 organizations taxable as a corporation or trust.  This post reports the compensation of highly compensated employees as listed on the Corewell Health Group Return.  Key information about this organization is summarized as follows: Read more »

22
Mar

20 Most Highly Compensated Employees of BJC Healthcare Take Home $148 Million in Compensation

The 20 most highly  compensated employees of BJC Healthcare (whose legal name is BJC Health System and is one of the largest non-profit healthcare providers in the country with 14 hospitals and multiple community health locations in Missouri and Illinois) in the years 2020-2024 took home $25-$42 million annually, or an average of $39 million annually.  However, it is important to note the 20 most highly compensated employees received $24-$28 million annually from 2020-2023 and then jumped to $42 million in 2024.  From 2020-2024, the 20 most highly compensated employees received $148 million in compensation: Read more »

20
Mar

Executive Compensation at BJC Healthcare (2024)

BJC Healthcare (whose legal name is BJC Health System) is one of the largest non-profit healthcare providers in the country with 14 hospitals and multiple community health locations in Missouri and Illinois.

BJC Healthcare consists of dozens of affiliated non-profits and taxable partnerships, trusts, and corporations but the one that encompasses most of the employees of the network is the BJC Health System Group Return (2019) – hereafter referred to as BJC – which shows the organization reported $11.3 billion in revenue (most of which came from the provision of healthcare) and $10.6 billion in expenses (with the 2 largest expenses being compensation ($4 billion) and medical supplies ($2 billion).

BJC has nearly $6 billion in net assets. Read more »

18
Mar

21 Employees of Prisma Health Take Home $73 Million in Compensation

21 of the most highly compensated employees of Prisma Health (a tax-exempt non-profit healthcare provider – the largest in South Carolina)  in 2023 received $73 million in compensation from 2019-2024 (note: highly compensated employees in any of the years 2019-2023 but not in 2024 are not included; and nearly 30% of the most highly compensated employees were only employed in the most recent year): Read more »

16
Mar

Executive Compensation at Prisma Health (2024)

Prisma Health is a tax-exempt, non-profit healthcare provider (the largest) in South Carolina. With nearly 30,000 employees, 18 acute and speciality hospitals with 2,800 licensed beds, and 320 practice sites, Prisma Health serves more than 1.5 million patients in 21 counties that cover 50% of South Carolina and parts of Tennessee.

Based in Greenville, SC, Prisma consists of 6 tax-exempt organizations, 2 taxable partnership, and 7 organizations taxable as a corporation or trust.  This post addresses the executive compensation at Prisma Health (Prisma), a tax-exempt corporation that derives most of its revenue from investment income, government grants, and gains on the sale of businesses, and appears to be the management entity of the entire system. Read more »

14
Mar

23 Employees of Prisma Health Take Home $58 Million in Compensation

23 of the most highly compensated employees of Prisma Health (a tax-exempt non-profit healthcare provider – the largest in South Carolina)  in 2023 received $58 million in compensation from 2019-2023 (note: highly compensated employees in any of the years 2019-2022 but not in 2023 are not included): Read more »