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Posts tagged ‘Robert Gabbay’

19
Dec

Executive Compensation at the American Diabetes Association (2021)

The American Diabetes Association (ADA) is a non-profit, tax-exempt 501 (c) (3) based in Arlington, Virginia.  Over the past several years, the ADA experienced a drop in revenues and a decline in the organization’s endowment. In 2018, with the replacement of the Executive Director and key staff, revenue increased slightly -by $14 million to $158 million – but declined by $11 million  to $147 million in 2019 and then by $30 million to $117 million in 2020. But, in 2021, revenue increased to $138 million in 2021.

By cutting staff (from 1,500 in 2013 to 333 in 2021) and other expenses, ADA seems to be back on track financially but a smaller version of themselves. However, it remains to be seen if the organization will accomplish their key goals in the years ahead:  to prevent and cure diabetes because they have to start doing things differently and specifically to educate and convince the public to make dietary changes. Read more »

24
Mar

Executive Compensation at the American Diabetes Association (2020)

The American Diabetes Association (ADA) is a non-profit, tax-exempt 501 (c) (3) based in Arlington, Virginia.  Over the past several years, the ADA experienced a drop in revenues and a decline in the organization’s endowment. In 2018, with the replacement of the Executive Director and key staff, revenue increased slightly -by $14 million to $158 million – but declined by $11 million  to $147 million in 2019 and then by $30 million to $117 million in 2020.

By cutting staff (from 1,500 in 2013 to 956  in 2019 to 515 in 2020) and other expenses, ADA seems to be back on track financially but a smaller version of themselves. However, it remains to be seen if the organization will accomplish one of their key goals in the years ahead:  to prevent and cure diabetes. Read more »