Re: The IRS and NHRA, you gotta see this.
Quote:
|
Re: The IRS and NHRA, you gotta see this.
So guys, I have a question. Does the NHRA have a board of directors and who sits on the board.?
|
Re: The IRS and NHRA, you gotta see this.
Quote:
|
Re: The IRS and NHRA, you gotta see this.
Looks like a good ole boy operation. Looks like they may have some problems with the IRS. Doesn't look like a 501(C) organization to me
|
Re: The IRS and NHRA, you gotta see this.
All you have to do is read the first sentence to know what a crock this whole deal is.
"Two new members have been elected to the NHRA Board of Directors, longtime NASCAR executive Ken Clapp and high-profile Los Angeles attorney Michael C. Cohen". "Elected"?? By whom? Maybe selected would have been a better term to use. But "elected" makes it looks more like the MEMBERS actually voted on these two ad-ons. Kinda like a democracy. Kinda like what's required by their organizational by-laws. No, I think they were HIRED as "little Dutch Boy's" to put their fingers in the dike. By the way, did any of you MEMBERS get to vote on these two? I didn't, but then I quit giving them my money three years ago. Jerry |
Re: The IRS and NHRA, you gotta see this.
I thought we uncovered several years ago on this forum that National Events was a for profit corp and that the points races and membership/Dragster was the only port nonprofit portion?
Sportsman racing rules and NMCA and other like type organizations are proving it. A good thing just cant be held down too long. Too bad the US Class Nationals thing didnt last into multiple events per year. It must be a profitable venture or no one is going to do it. I was hoping Alex made tons of money so he would keep doing it. Profit is a requirement or NHRA wont exist so I hope they make tons of money. They must listen to their customers a bit more. Many sportsmen racers are on the leading edge professional America not easily ignored or manipulated. I support NHRA making profit and hopefully reinvesting with a collaborative effort with sportsmen racers to further our sport. They have improved over the last few years, but we still have more to accomplish. |
Re: The IRS and NHRA, you gotta see this.
Quote:
|
Re: The IRS and NHRA, you gotta see this.
This thing is not going away. It is being picked by the mainstream media in a big way. Google NHRA and IRS and you will find out that the AP has picked this story up and it's all over the place. Some of the media outlets that are running the story are LA Times, San Jose Mercury, Amarillo Globe News, Indianapolis NBC affiliate, CNBC, San Diego Union Tribune, CBS Sports.com, Washington Times, Coos Bay World, ESPN.com,Charlotte Observer, Fox Sports.com, newser.com, Minneapolis-St.Paul Star Tribune, Forbes Magazine. How long will it be before some enterprising reporter really digs into this and finds out what the scoop is? This is really going to get interesting.
|
Re: The IRS and NHRA, you gotta see this.
An update on more media outlets picking up this story.USA Today,Greensboro News, abc news.com, Miami Herald, WBAY, Greenbay, North County Times in San Diego, Marin Independent Jouirnal, Bangor Daily News, Bloomberg News, Fresno Bee, Press of Atlantic City, Dayton Daily News, Columbia Daily Tribune, World News.com, NBC Sports.com, Gettysburg Times.
|
Re: The IRS and NHRA, you gotta see this.
If they (the NHRA) think that the only way they can have enough expenses to balance revenue is by having management make $700K per year, obviously they are taking in WAY TOO MUCH MONEY, and PAYING people far more money than they are worth.
Therin lies the problem. You pay too much in 1995, and then pay more in 1996, and more each year on up to 2010 and they keep raising racer costs to cover their annual raises. Maybe they are hoping Obama will try to give them a stimlus, or maybe someone else can give them an enema... David The New Hemi Guy |
All times are GMT -4. The time now is 01:10 PM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Copyright Class Racer.com. All Rights Reserved. Designated trademarks and brands are the property of their respective owners.