by INOR on Fri Feb 08, 2019 10:50 am
It’s probably all legal other than this recent bit of claiming to be a nonprofit when that’s been revoked some time ago. And not filings their forms 990. The treasury should be all over them and auditing them over this.
The shell game is that there are three brothers that serve as “executive directors” in different states for largely the same organizations. They purport that their MN exec director takes no salary or compensation for his “work” in MGR. They report that they spend their money on print, advertising, and “management fees.” I’m guessing their management fees in MN are paid to the other “outstate” brothers for “advisory services” and the MN guy is paid a management fee from the other outstate organizations. This way they can claim that their directors don’t take money from the instate organization to make them appear altruistic. It’s a big incestuous shell game.
Would have to go through the records of all the entities to know for sure though. Sounds like the perfect little project for a treasury agent!
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