They have $319,000,000 in assets and took in $229,000,000 in 2007. James A. Guest, the CEO, works 35 hours a week and received $551,406 in compensation and $116,508 in benefits.
Consumer's Union is a great example of the abuse of nonprofit corporations in this country. Which now number over 750,000. They are not a charity! They are not feeding the hungry or clothing people.
They receive government money via grants and they, of course, benefit from not paying various taxes like a real publishing business does. So tell me Obama, since the taxpayers are subsidizing Consumers Union why are you not telling them they are paying Mr. Guest too much? Hmmm???
We need to do away with 99% of the so-called nonprofits! Heck, remember Judicial Watch? That joke? They are a non profit!
Of course Consumer Reports will back Obama and the government, they are on the payroll!
Good heavens!
Now my naivete has helped alert others to this great info!
thanks for your post!
I once again am humbled by Freepers knowledge.