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Steve Meldahl wrote:
[GDL] I'm not sure where Mr. Meldahl is being
misdirected, but state and federal law require nonprofit tax-exempt
organizations to file annual reports and tax returns, both of which are
available on demand and are often available on-line. After spending two
minutes on-line tracking down CCHT's Form 990 (and you thought I was a busy man,
even on snowy April Sundays), here's the scoop for fiscal year
2000:
Assets: $6,273,940
Income: $2,300,123, of which $570,381 is from
contributions, $686,755 from government grants, $913,397 from program services,
and $129,590 from investments.
Expenses: Total of $1,631,385, of which
$1,335,916 in program services, $185,050 in administration, and $110,419 of
other (which is further broken down on the Form 990).
The price for being a nonprofit tax-exempt org is
public reporting, which is obviously not required by private corporations, and I
don't have a beef with that. Justifiably, we don't have to publicly
disclose specific donors (but do disclose this to the IRS), as I can imagine
such donors getting harassing calls and such from people not happy with a
particular nonprofit (as Project 504 has seen in folks complaining to our known
funders).
As to Mr. Meldahl's remarkable deductive reasoning
with respect to CCHT's and shelter vacancies, that's best left to someone from
CCHT or the County Board to answer.
Gregory Luce
Project 504/Minneapolis (North
Phillips)
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- [Mpls] CCHT, Peace House steven meldahl
- Re: [Mpls] CCHT, Peace House Gregory Luce
- Re: [Mpls] CCHT, Peace House M Miles
