Posted 8/20/2024 00:35 (#10858477 - in reply to #10858476) Subject: RE: 10 largest landowners in Illinois
Townsend, Montana
Kooiker - 8/20/2024 00:30
1972RedNeck - 8/20/2024 00:26
Kooiker - 8/20/2024 00:23
1972RedNeck - 8/20/2024 00:15 Did I say that? No. Did I imply that? I hope not, because I did not intend to. I can guarantee you that all of the crops grown on church farms are not given away - lots are sold to local elevators for a profit (maybe not this year, but normally so).
?????
What's your question?
A “non profit” that is operating for profit. Everyone knows it, but it’s nice to see an LDS member admit it.
Glad I could be of service? Pretty easy to look at changes in net worth over the years and see profit.
The thing I like about it is that as net worth increases, so does the spending on humanitarian aid.
I agree that "501 C3" tax exempt "non profits" are a joke. Actually the 16th constitutional amendment is the joke, but I digress. I chair two irrigation association boards (yes, I see the stereotypicality, but it's in my blood) that are 501 C3 non profits - we have accountants to make sure our profits are "non profits".