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Alan Roehrich · 01-26-2011, 06:04 PM

Stan, if I'm reading the tax laws correctly, no one actually "owns" what the IRS classifies a 501(c) non profit organization.

That's part of what makes it "non profit", no one "owns it", allows it to build up, then sells it.

Sort of makes you wonder how part of the NHRA itself was supposedly going to be "sold", doesn't it?

01-26-2011, 06:04 PM	#2
Alan Roehrich Veteran Member Join Date: May 2006 Location: Murfreesboro TN Posts: 5,113 Likes: 1,571 Liked 1,821 Times in 413 Posts	Re: Who owns nhra ?????? Stan, if I'm reading the tax laws correctly, no one actually "owns" what the IRS classifies a 501(c) non profit organization. That's part of what makes it "non profit", no one "owns it", allows it to build up, then sells it. Sort of makes you wonder how part of the NHRA itself was supposedly going to be "sold", doesn't it? __________________ Alan Roehrich 212A G/S