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re: Two-time cancer survivor posts video explaining why he left Democratic Party over the ACA
Posted on 3/28/24 at 7:34 pm to CleverUserName
Posted on 3/28/24 at 7:34 pm to CleverUserName
I don't look at non-profits any differently than for-profits.
The CEOs make bank for both.
The easiest way to eliminate profits in a non-profit is to pay salary.
The marketing arms of the larger non-profits also spend like Congress. So much so that there are non-profits who cater to the marketing efforts of non-profits (and again... the CEOs of the secondary nonprofits are making bank).
The term "nonprofit" is a grift in many situations.
I have no additional emotional attachment to any hospital who files as a non-profit.
As for my community, the anchor charitable organization for the entire county is a for-profit hospital (Northside).
I don't have any false illusions there either. But to even imply that a non-profit hospital has a leg up on "good deeds" is laughable.
The CEOs make bank for both.
The easiest way to eliminate profits in a non-profit is to pay salary.
The marketing arms of the larger non-profits also spend like Congress. So much so that there are non-profits who cater to the marketing efforts of non-profits (and again... the CEOs of the secondary nonprofits are making bank).
The term "nonprofit" is a grift in many situations.
I have no additional emotional attachment to any hospital who files as a non-profit.
As for my community, the anchor charitable organization for the entire county is a for-profit hospital (Northside).
I don't have any false illusions there either. But to even imply that a non-profit hospital has a leg up on "good deeds" is laughable.
Posted on 3/28/24 at 8:10 pm to meansonny
quote:
I don't look at non-profits any differently than for-profits.
I’m sorry.. but that’s asinine. There are huge differences in them.
quote:
The CEOs make bank for both.
You are not going to get a qualified person to run a non profit hospital system for 50k a year. Not 100k. Yes you are still going to have to pay the top people.
Just look at the United Way’s 990. Susan B Coleman breast cancer researchers, Red Cross, Goodwill, Feeding America, Habitat for Humanity, YMCA… they are paying their high ups large salaries too.
quote:
The term "nonprofit" is a grift in many situations. I have no additional emotional attachment to any hospital who files as a non-profit.
If you see a non profit organized or operated for the benefit of private interests, report them to the IRS. They do watch non profits like a hawk in their TE/GE section. You wanna see a hell of a penalty? Look at the failure to file penalties for late filing of a 990.
For a large 501(c)3, it’s $120 per day, up to a maximum of $60,000, for an organization whose gross receipts exceed $1,208,500. That’s an attention getter if they are lazy with their filing.
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