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To: Nachum

I thought AARP was non profit. Whether it is or isn’t, “who” gets the money?


4 posted on 09/23/2012 8:18:31 PM PDT by Terry Mross (The Clintons seem to be very afraid of obama. Do they owe him their souls?)
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To: Terry Mross

I thought AARP was non profit. Whether it is or isn’t, “who” gets the money?


Non profit is a misnomer. Non profit businesses make huge amounts of money just like any other corporation but are restricted from investing their profits into any other business than their own via stock or otherwise.

However, they are totally unrestricted in THEIR organization if giving any amounts of money they wish to their employees or contractors.

With AARP the actual “non-profit” profits are HUGE and management is diving into the money pile just like Scrooge McDuck.

Pretty neat, huh?


20 posted on 09/24/2012 4:48:30 AM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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