Thread: Atlanta dragway
View Single Post
Old 04-13-2021, 08:51 AM   #45
Greg Hill
VIP Member
 
Join Date: May 2006
Location: Louisville , KY
Posts: 1,995
Likes: 68
Liked 279 Times in 68 Posts
Default Re: Atlanta dragway

If you look around, there are way too many organizations granted non profit protections. The IRS is so under staffed they can not regulate these folks properly. Another NHRA member and myself looked at this over the years and even hired a lawyer to look at the NHRA. We couldn’t get the IRS interested in doing any kind of investigation or audit, even though the attorney thought they were operating in a manner that violated their non profit charter. When we, the members gave up our voting rights we ceded power to the management. What all these non profits do is pay out their profits to executives in large salaries.
__________________
Greg Hill 4171 STK
Greg Hill is offline   Reply With Quote
Liked