Dear Group, I don't know to what legal obligations a "non-profit" is subject when it comes to their financial records. Since they are not yet "a recognized religion" and oblivious to disclosure, I would expect that to maintain "non-profit" status, details must be made public--at least to the IRS and to members?
That being said, Richard Schwinn's last message alludes to a near catastrophic drop in the BFW funding during the final period of Dar's leadership and an apparent rise in the Federation's "fortunes" under Jack Hirt. ---". . .contracts have grown dramatically since Jack Hirt has taken over . . . ." But, what are funding contracts? Who forms funding "contracts" with BFW? Are they with industry, local government, foundations, wealthy individuals? Is there a listing somewhere filed for public disclosure? Or are organizations such as BFW "secret societies?" I have no idea. Does a reader of this web letter know? Are there "inter-state" and "intra-state" laws about disclosure? How does this relate to laws affecting PACs? Is the BFW a PAC? Questions, questions, does anybody have knowledge about these? Eric Westhagen _______________________________________________ Bikies mailing list [email protected] http://www.danenet.org/mailman/listinfo/bikies
