The IRS and NHRA, you gotta see this.

Ed Wright · 01-23-2011, 12:16 PM

I agree. I don't think much change will trickle down to us. They will just pay any fines (if it comes to that) and get back to business. It's just business.
I don't think it's any of my business.

Alan Roehrich · 01-23-2011, 01:12 PM

I wouldn't be too sure that you just pay fines when you operate a 501(c) as a for profit entertainment corporation. There may be other significant penalties and sanctions. If the violations are serious enough, and flagrant, the board can be removed completely.

A100 · 01-23-2011, 01:37 PM

Quote:

Originally Posted by Alan Roehrich

I wouldn't be too sure that you just pay fines when you operate a 501(c) as a for profit entertainment corporation. There may be other significant penalties and sanctions. If the violations are serious enough, and flagrant, the board can be removed completely.

Wonder what the two new board members think of this?

If a press release gets issued about one of them leaving for "personel reasons" we will know.

Chad Rhodes · 01-23-2011, 06:57 PM

its definitely going to be interesting to watch

A100 · 01-23-2011, 08:13 PM

Just ran across this.

DRAW PAYS OUT A WHOPPING 220K IN 2010!

The 2011-2012 BOARD of TRUSTEES for the Drag Racing Association of Women includes Vicki Aswege, Kevin Bennett, Karen Comstock, Carol Gibbs, Beth Hyatt, Elise Mauntel, Sarah McLemore, Rosalee Noble, Pat Shaeffer, Yokie Van Vallis, Ashley Yost and Tracy Winters. The alternate Board Members are: Allison Kuhn and Lynne Van Vallis.

Wouldn't it be nice if the racing side of the sport had people you could trust.

Chad Rhodes · 01-23-2011, 08:40 PM

Quote:

Originally Posted by A100

Just ran across this.

DRAW PAYS OUT A WHOPPING 220K IN 2010!

The 2011-2012 BOARD of TRUSTEES for the Drag Racing Association of Women includes Vicki Aswege, Kevin Bennett, Karen Comstock, Carol Gibbs, Beth Hyatt, Elise Mauntel, Sarah McLemore, Rosalee Noble, Pat Shaeffer, Yokie Van Vallis, Ashley Yost and Tracy Winters. The alternate Board Members are: Allison Kuhn and Lynne Van Vallis.

Wouldn't it be nice if the racing side of the sport had people you could trust.

a little over 15k average each? i don't see a problem here.

Christopher Stewart · 01-23-2011, 08:48 PM

Are you sure that's not the annual payout to needy/sick racers?

01-23-2011, 12:16 PM	#1
Ed Wright Veteran Member Join Date: Mar 2005 Location: Sand Springs, OK Posts: 8,132 Likes: 896 Liked 390 Times in 170 Posts	Re: The IRS and NHRA, you gotta see this. I agree. I don't think much change will trickle down to us. They will just pay any fines (if it comes to that) and get back to business. It's just business. I don't think it's any of my business. __________________ Ed Wright 4156 SS/JA

01-23-2011, 01:12 PM	#2
Alan Roehrich Veteran Member Join Date: May 2006 Location: Murfreesboro TN Posts: 5,125 Likes: 1,583 Liked 1,880 Times in 422 Posts	Re: The IRS and NHRA, you gotta see this. I wouldn't be too sure that you just pay fines when you operate a 501(c) as a for profit entertainment corporation. There may be other significant penalties and sanctions. If the violations are serious enough, and flagrant, the board can be removed completely. __________________ Alan Roehrich 212A G/S

01-23-2011, 06:57 PM	#4
Chad Rhodes VIP Member Join Date: Jan 2005 Location: Where the Green Grass Grows, AL Posts: 2,375 Likes: 0 Liked 3 Times in 3 Posts	Re: The IRS and NHRA, you gotta see this. its definitely going to be interesting to watch __________________ Chad Rhodes 2113 I/SA

01-23-2011, 08:13 PM	#5
A100 Junior Member Join Date: Aug 2003 Location: Gainesville Posts: 67 Likes: 0 Liked 1 Time in 1 Post	Re: The IRS and NHRA, you gotta see this. Just ran across this. DRAW PAYS OUT A WHOPPING 220K IN 2010! The 2011-2012 BOARD of TRUSTEES for the Drag Racing Association of Women includes Vicki Aswege, Kevin Bennett, Karen Comstock, Carol Gibbs, Beth Hyatt, Elise Mauntel, Sarah McLemore, Rosalee Noble, Pat Shaeffer, Yokie Van Vallis, Ashley Yost and Tracy Winters. The alternate Board Members are: Allison Kuhn and Lynne Van Vallis. Wouldn't it be nice if the racing side of the sport had people you could trust.

01-23-2011, 08:48 PM	#7
Christopher Stewart Junior Member Join Date: Feb 2007 Location: Nashville, Tenn Posts: 83 Likes: 104 Liked 24 Times in 8 Posts	Re: The IRS and NHRA, you gotta see this. Are you sure that's not the annual payout to needy/sick racers?