Agree, AARP is an insurance company and travel company that hides behind its non-profit as an "old folks lobby." AARP says tax everyone and scares Grandma that she won't get free prescriptions unless she votes for Democrats.
Revenue
Contributions $20,628,784
Government Grants $68,089,822 <-- What the f----!!!
Program Services $123,832
Investments $354,767
Special Events $0
Sales $0
Other $497,193
Expenses
Program Services $74,327,804
Administration $3,154,904
Other $4,345,637
Total Expenditures $81,828,345
Total Revenue $89,694,398
NET GAIN/LOSS $7,866,053
The guy that runs AARP makes about $750K a year. Money you and I pay him! $68 million in government grants! Please!
AARP IS NOT A CHARITY! They are just another company abusing the non-profit corporation laws in America. As I have been saying here on FreeRepublic for years: The non-profit corporation laws must be reformed! There are over 850,000 non-profits in America and way way way too many are in business to enrich their handlers and/or push their own special political agendas!"
Why should something like PETA be a non-profit? Or the 100's of entities that push "green" political agendas. If Paul Newman and a bunch of people want to buy land and sit on it why should the American taxpayer subsidize it?
The group Newman is involved in, Nature Conservancy, Inc., had annual revenue of $761,698,221 in 2003. They have $3.7 billion dollars in assets. Assets that now in many circumstances get special tax treatment!
What about Judicial Watch? They spent over $75 million dollars the last few years. Have they won a case yet? And you can't tell me that outfit was not political. Yea, yea, some people here love them. But get real, it's just another way for lawyers to make money.
I can go on and on. How about Consumers Union? The people that publish Consumer Reports? $156,000,000 in revenue and about $200,000,000 in assets. And we subsidize all their mailing costs? Just like we do AARP! How about the Anti-Defamation League? $50 million in 2003 revenue and about $16 million in assets. Another political group!
The American taxpayer is being ripped off! These are not charities! They don't feed anyone or clothe anyone. They should be regular corporations and pay regular corporate taxes.
Oh, and by the way, you cannot join AARP unless you are 50+. What's up with that? They are descriminating against people like me that are under 50 years old! LOL! /sarcasm off