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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 8:10 pm to
Posted by CleverUserName
Member since Oct 2016
12734 posts
Posted on 3/28/24 at 8:10 pm to
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.
Posted by meansonny
ATL
Member since Sep 2012
25873 posts
Posted on 3/28/24 at 8:52 pm to
quote:

If you see a non profit organized or operated for the benefit of private interests


Have you seen how many funds from non-profits go to other non-profits?

As you said... you are not going to get any top people to run an organization without paying them. It is basically splurging the funds among numerous executives because each non-profit recipient has an executive operative.

I knew one non-profit who hosted fundraisers for other non-profits. These are banquets. Donors "buy the table". Silent auctions raise funds. The executive of the fundraising non-profit was bringing in $500k a year. To be the non-profit venue for other non-profits.

Have you seen the fundraising splits from marketing agencies who put non-profits on tv?

It is undeniable grift.
It is like calling Pfizer's Covid 19 shot a traditional vaccine because it generates a level of trust and faith in the verbiage.
The word non-profit has been bastardized to death.
Posted by Flats
Member since Jul 2019
21969 posts
Posted on 3/28/24 at 9:07 pm to
quote:

If you see a non profit organized or operated for the benefit of private interests,


Every “non-profit” that has employees instead of volunteers operates for the benefit of private interests.
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