The IRS and NHRA, you gotta see this.

[alan r caraway]

All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?

[Ed Wright]

Originally Posted by alan r caraway

All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?

Yes, for NHRA and us racers.

[sscott]

Has the NHRA made a statement yet?

[Alan Roehrich]

Originally Posted by sscott

Has the NHRA made a statement yet?

The only public response NHRA has made can be found in this article:

http://www.competitionplus.com/drag-...hra-tax-status

[A100]

Have you ever wondered what racing would look like if the LGC gang had been able to cash out with the sale of NHRA Pro to HD? The gang figured out how to sell something they didn't own.

May their greed cause their demise.

It will be attempted again if the IRS doesn't make something happen first.

[Alan Roehrich]

Originally Posted by A100

Have you ever wondered what racing would look like if the LGC gang had been able to cash out with the sale of NHRA Pro to HD? The gang figured out how to sell something they didn't own.

May their greed cause their demise.

It will be attempted again if the IRS doesn't make something happen first.

See, there is a perfect example of how NHRA is NOT being operated as a 501(c) non profit organization.

NHRA was a runaway train, hurtling toward the end of the spur, and dragging sportsman racing with it. OUR part of NHRA was on a disastrous road to the end game.

Of course, everyone could have stood by and watched it all happen, and then when the end came, complain because it happened.

[Greg Hill]

There's an old saying that "power corrupts and absolute power corrupts absolutely". In my opinion the lack of accountability that management and the board have had for years plays in to that old saying. Management and the board are the same people and are not accountable to anyone. They do what they please, they pay themselves what they please with no concern with how it affects all of us. Most 501-C6 tax exempt organizations are accountable to their members. In fact according to IRS rules they must be membership based organizations with a high degree of membership involvement.

Look at the NFL, the members are the owners of the teams, the owners pick a board and hire the CEO, who is accountable to the team owners. SEMA is another good example of a 501-C6 organization. The members vote on board members who in turn hire a person to run the organization. The management is accountable to the board and the board is accountable to the members. The lack of accountability is what's led to the shape NHRA finds themselves in right now.