I can see how it started out as an advocacy group for seniors making it a legit non-profit. But, from what I’ve seen over the past few years, it seems centered on making big bucks for the executives and employees.
According to AARP’s 2016 filing with the Internal Revenue Service, the non-profit raised more than $1.6 billion (yes, billion with a ‘B’) and had in excess of $1.1 billion of net assets that year, all of it shielded from the IRS because of its 501(c)(3) tax status. As non-profit groups go, AARP has done pretty well for itself, but at what cost?
Not exactly peanuts.
Jo Ann Jenkins, CEO AARP, poor girl, only makes $973,494 per year, not including all the perks. I can’t find what her current net worth is but it ain’t peanuts.
More about the organization @ https://www.americanthinker.com/articles/2018/12/americas_most_profitable_nonprofit.html