The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or rescntr@ire.org) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "nonprofit insurance and pensions" ...
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Warehouses of wealth: The tax-free economy
"Nonprofit businesses are American's fastest growing industry. Yet the government doesn't keep track. There are 1.2 million organizations tax-exempt as a nonprofit, including many surprisingly profitable ones. Like the NFL. ...[ The reporters] determined the magnitude and cost of these tax-exempt businesses, which made $500 billion in 1990 -- nearly six times the incomes of farms of five times that of utilities...Taxpayers make up for what these businesses don't pay -- more than $36 billion a year, by the reporters' calculations. What do taxpayers get in return? Damned little charity." Seven-part series includes: big profits, big salaries, growing commercialism of nonprofit hospitals, universities, museums and other institutions.
Tags: taxes; hospitals; endowments; Blue Cross; Blue Shield; donors; disclosure; nonprofit insurance and pensions; real estate; property; economics; Form 990s; IRS; executive salaries