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rpforpres |
November 11, 2012, 11:19pm |
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rpforpres |
November 12, 2012, 12:24am |
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Nonprofit corporations must pay taxes on income from "unrelated activities." Sometimes, a nonprofit organization will earn income through activities that aren't directly related to its nonprofit purpose; for example, the directors of an organization dedicated to preserving open space may collect a consulting fee for advising other nonprofits. The IRS requires nonprofits to pay corporate income taxes on such unrelated income over $1,000, whether or not the group uses that money to fund its tax-exempt activities. For more information on unrelated activities, see Nolo's article Tax Concerns When Your Nonprofit Corporation Earns Money. |
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Admin |
November 12, 2012, 6:07am |
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Quoted Text
SCHENECTADY Proctors promoting tourism Theater takes over duties formerly handled by chamber BY JUSTIN MASON Gazette Reporter
Proctors isn’t exactly what the state would consider an ideal tourism promotion agency. Downtown Schenectady’s landmark venue isn’t a visitors bureau or chamber of commerce. And despite it’s prominent image in the community, a theater isn’t the type of entity Empire State Development typically enlists in the “I Love New York” program. In fact, Proctors is unique in administering the matching $33,935 state grant aimed at promoting regional tourism. None of the other 55 agencies administering the grant across the state can boast that they also host Broadway shows. “We’re the only one like it,” said Philip Morris, Proctors’ CEO. Proctors’ path to becoming a tourism promotion agency is also unique and a result of Schenectady County’s ongoing fiscal crunch. County legislators passed a 2009 budget that cut the matching funds afforded to the former tourism promotion agency, the Chamber of Schenectady County. Not wanting to abandon the state pot of money, chamber members banded together to raise the matching funds. Chamber President Charles Steiner said the program carried on for a couple of years until he noticed that one member in specific was paying the bulk of the funds: Proctors. For Steiner, Proctors made complete sense. Though Schenectady County has many destinations that attract tourism, only one has a marketing approach that extends beyond the regional guidelines of the program. “When you look at our venues here, the only agent that markets outside a 50-mile radius is Proctors,” he said. Steiner approached Morris about taking over the program last year. His philosophy being that it was better for Proctors to handle the program rather than risk losing it altogether if the chamber couldn’t pull together the match. ..................................>>>>....................>>>>.....................http://www.dailygazette.net/De.....r01104&AppName=1
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mikechristine1 |
November 12, 2012, 9:30am |
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Nothing like paying the CEO of an democrat party designated non-profit a whopping $233,935 OF TAXPAYER MONEY for salary, and then ON TOP OF THAT the taxpayers have to pay the property taxes on one of the most highest assesssed pieces of property in the city then ON TOP OF THAT the taxpayers have to pay part of the school taxes on a tax exemption he gets on his house ILLEGALLY!
Giving money to the socialist president and must be favored by Cuomo too (because despite Cuomo's criticism of the salaries of non-profits' CEO's Cuomo isn't doing diddly squat about the lavish salary this guy gets and he doesn't even have any kind of doctorate degree, he isn't even being paid to save peoples lives for crying out loud). And then of course his fellow socialists at the county level give him money, and the socialists at the city level give out the tax exemptions.
This stuff has to be made public in plain language and distributed to each and every house in the city, actually and the county.
But since the socialists won't do that, please, talk this this up people, get the word around
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| Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies. |
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Shadow |
November 12, 2012, 9:40am |
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Somehow that whole salary and tax exempt property allowance doesn't seem very legal or ethical. |
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Patches |
November 12, 2012, 12:14pm |
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nothing in politics is legal any more.......theft, no morals......abuse of power.......people need to wake up and get rid of these poor excuse of what
are in the seats of government and the like......impeach.....and get it on....
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Madam X |
November 12, 2012, 7:57pm |
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I think this guy (Morris) had the historian thrown out of his job. At first I thought the historian might've rubbed somebody the wrong way, as he is rumored to be abrasive, but after seeing this I believe that Morris was threatened and didn't want the guy stealing his thunder. Rittner had been branching out into tourism promotion and the like, to give the people their money's worth for his part-time salary. |
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bumblethru |
November 12, 2012, 8:07pm |
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and obama is trying to push his 'tax the rich' agenda when this kind of bullsh!t, from his own liberal wacko party is rapping the taxpayers! Ya just can't make this stuff up. |
| When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.” Adolph Hitler |
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