I am curious about the 2 situations that Project 504 helped out families.
#1 - a 2x2 hole in the ceiling where waste water dripped down.  Was the hole
there prior to the tenants moving in?  Why didn't  the tenants do a rent
escrow?  This type of problem can be totally repaired in a maximum of 3
days.  The referee probably would have given them a free months rent and the
problem gets fixed immediately!
#2 - This one is hard to believe.  Are you saying that the walls just
happend to fall in after a tenant moved
in?  Come on.  What caused the walls to fall in?  Again in a worst case
scenario,  my crew can redo a small kitchen totally including new walls,
cabinets, dishwasher, subfloor and floor in 1 week.  Rent escrow is the best
and fastest way to go.

One last question, do non profits file their returns 2 years after the year
that they are due?  According to the Minnesota Attorney generals's Office,
Project 504 has not filed its 2001 returns and is no longer listed as a
legitimate non profit with the State of Minnesota.
In fact they are no longer listed at all!  Comments???

Steve Meldahl
Jordan (work)

----- Original Message -----
From: "Gregory D. Luce" <[EMAIL PROTECTED]>
To: "Mpls Forum" <[EMAIL PROTECTED]>
Sent: Tuesday, January 28, 2003 6:35 AM
Subject: Re: [Mpls] Project 504 and other Non-Profit tax returns available
online


> Victoria Heller wrote:
>
>
> > Anyone who wants to keep TAX EXEMPT organizations honest should know
about
> > this website:  www.guidestar.com.  [In the Search box, type in Project
> 504,
> > for example]
> > >
> > $78,759 was spent for "compensation, pension plan, payroll taxes" for
two
> > officers:  Greg Luce and Joan Resner.  $2,283 was spent for "specific
> > assistance to individuals."  This is just another non-profit that uses
the
> > "50 for me, 1 for you" disbursement plan.
>
> I wrote about www.guidestar.com on this list a number of months back, in
> response to folks who were critical of non-profits' apparent "secrecy."
In
> any event, I'm glad it's coming to light again.
>
> The numbers quoted are accurate, of course, but only present a minimal
> picture.  The $2,283 was for "specific assistance," which in this case was
> putting two families up in hotels because the units they were in had 1.  a
> two by two hole in the bathroom ceiling, where waste water dripped down on
> them from above, and 2. had no kitchen, the walls having fallen in.
That's
> the only time I recall we've doled out actual funds specifically to assist
> families.  In all cases, it's the work that we do that assists the
families,
> not the money doled out, except in the frequent cases where we've used our
> personal funds, which in 2000 was about $36,000 for each of us, a small
> amount for a lawyer with a mortgage-sized student loan.
>
> Gregory Luce
> Project 504--Minneapolis
> St. Paul
>
>
>
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