Sunday, December 16, 2012

$284,000 Profit For A Non Profit?

From ONE + one GSO Click to enlarge.



Might I remind you that wages, taxes, insurance and other expences are already covered by the charges for Economic Development Development Funds, BID Funds, City Project Funds, etc... The $284,000 in management fees is pure profit being paid by GReensboro taxpayers to a registered North Carolina "non profit" corporation.

This is SOP for DGI, Action Greensboro, the Greensboro Partnership, the Greensboro Chanmber of Commerce, the High Point Chamber of Commerce, Grassroots Promotions, the Community Foundation and dozens of other taxpayer funded organizations in Greensboro including the GPAC Task Force. Read about it at Greensboro Partnership Exposed and join me on Tuesday night at Melvin Municipal Plaza to bring this to an end.