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Pete C.[_2_] Pete C.[_2_] is offline
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Default Disabled Veterans National Foundation.


sf wrote:
>
> On Sun, 19 Oct 2014 10:03:22 -0400, Dave Smith
> > wrote:
>
> > On 2014-10-19 9:36 AM, sf wrote:
> > > On Sun, 19 Oct 2014 08:19:53 -0400, Dave Smith
> > > > wrote:
> > >
> > >> On 2014-10-19 1:53 AM, sf wrote:
> > >>> On Sun, 19 Oct 2014 01:02:59 -0400, Ed Pawlowski > wrote:
> > >>>
> > >>>> On 10/18/2014 10:57 PM, James Silverton wrote:
> > >>>>
> > >>>>> I looked them up in Charity Watch where I see they received an F rating,
> > >>>>> with 85% of the funds they received being spent on fund raising. What
> > >>>>> are they trying to do?
> > >>>>>
> > >>>> There is a lot of money to be made running a charity fundraiser.
> > >>>
> > >>> Same deal with church of the Reverend X... another non-profit scam.
> > >>>
> > >>>
> > >> I was surprised to learn that a number of the local fundamentalist
> > >> churches are legal entities in the form of numbered companies.
> > >
> > > What's a numbered company?
> > >

> > It is an incorporated company. Corporations can have registered names or
> > can have a number assigned to them by the government. They are
> > registered as corporations. It might be 1234567 Ontario Inc, or 9876543
> > Canada Inc for official purposes, but be doing business under another
> > name. The Doing Business As (DBA) is common in the US and Canada. In
> > the cases of the churches I dealt with, those that were numbered
> > companies were legally incorporated companies operating as numbered
> > companies but dba FITB Church Name.

>
> At least they are paying taxes!


That's the theory. One wonders how well they are audited for accounting
irregularities though. The key thing it that these for profit
church-esque businesses would not qualify for the usual religious entity
tax exempt status due to their political activities.