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Started By
Message
re: Audit of Elijah Cummings’ wife’s charity’s financial statement leaked: yikes
Posted on 6/6/19 at 10:16 am to bamarep
Posted on 6/6/19 at 10:16 am to bamarep
quote:
ALL of those corrupt motherfrickers do this and have been doing this for DECADES
He was a dumb@ss though, he started this fairly late in his career. The CBC is a stain on the United States
This post was edited on 6/6/19 at 10:29 am
Posted on 6/6/19 at 11:18 am to HailHailtoMichigan!
So hello to jail time!
Posted on 6/6/19 at 11:45 am to HailHailtoMichigan!
Oh i am so shocked at this!
Posted on 6/6/19 at 11:48 am to HailHailtoMichigan!
Nothing will ever come of this.
Posted on 6/6/19 at 12:04 pm to the808bass
quote:
Plus the charity paid Ms. Cummings a $152,000 salary.
LINK
On total revenue of $2.5M.
Posted on 6/6/19 at 12:23 pm to HailHailtoMichigan!
She been witch hunt
Posted on 6/6/19 at 1:06 pm to HailHailtoMichigan!
250k over three years does not seem that excessive if she is in fact managing the non profit.
I doubt anyone read the link, but it says from 2013 to 2015. And if that is the only suspected bloat, they could still be amazingly efficient.
Now, I do have an issue with the wife of a congressman having such an easy way to move money from a non profit to their pocket, I dont see the amount...on its face....as being extraordinary.
I doubt anyone read the link, but it says from 2013 to 2015. And if that is the only suspected bloat, they could still be amazingly efficient.
Now, I do have an issue with the wife of a congressman having such an easy way to move money from a non profit to their pocket, I dont see the amount...on its face....as being extraordinary.
Posted on 6/6/19 at 1:42 pm to HailHailtoMichigan!
So do we show up outside his house and make him and his family extremely uncomfortable?
Do we harass his extended family?
Do we throw a milkshake on him?
Do we run him out of restaurants?
Asking for a friend....
Do we harass his extended family?
Do we throw a milkshake on him?
Do we run him out of restaurants?
Asking for a friend....
Posted on 6/6/19 at 1:58 pm to tigerfoot
quote:
250k over three years does not seem that excessive if she is in fact managing the non profit. I doubt anyone read the link, but it says from 2013 to 2015. And if that is the only suspected bloat, they could still be amazingly efficient.
She’s being individually compensated from the charity to the tune of $152k per year on about $1.5M total receipts to the charity.
She is then charging the charity an additional management fee to her LLC. That’s averaging $80kish per year.
In addition, she is cost sharing the expenses of the charity with the LLC. Her LLC has very little other revenue based on public information available.
Additionally, there are pretty hefty sums for travel and events and subscriptions to the charity. It accounts for another $150k or so of expenses.
In short, without even looking at the donor list (which would probably cause all of us to roll our eyes), it looks like a big pile of shite.
Posted on 6/6/19 at 2:20 pm to the808bass
quote:I am not alarmed by this, I would imagine a large number of LLCs are formed to try to work around tax liability.
In addition, she is cost sharing the expenses of the charity with the LLC. Her LLC has very little other revenue based on public information available.
Blame the IRS and the self employment tax for this little part.
Posted on 6/6/19 at 2:22 pm to tigerfoot
Dude, it looks like fraud to me but I'm willing to let the investigation run its course.
Posted on 6/6/19 at 2:25 pm to HailHailtoMichigan!
They want tax returns released? Play that game and release the returns for Congress as well. How many spouses of Congress members get rich? The congress member may not make or take side money but money appears to be funneled through many of their spouses or children.
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