Maybe I am lost in translation. Here is a snippit from the above mentioned website:
Revenue
$122,251,609
Expenses
$101,876,282
Net Income
$20,375,327
Net Assets
$252,869,787
I see net income as a profit. Am I wrong in my assumption? Again I am not talking about the little church on the...
Quick googlefu search brings out 2021 net income at 9.8 million. 2022 net income comes in at 20.3 million. This is from ProPublica non-profit explorer for Indiana.
This isn't about the church on the corner taking donations every Sunday. That place doesn't pay taxes on the one (possibly 2)...
But why are they exempt when they make money? They show a profit year after year. They also buy properties in the area or are gifted properties and the majority of those come off the tax rolls.
I feel the same way with corporations that move in, build big because they get tax breaks and...
I realize this will start a more heated debate but why is it that churches, or more importantly church colleges, do not have to pay property taxes?
In Grant County there are two rather large religious colleges. From what I hear they do not pay federal taxes nor do they pay property taxes on all...
So that explains why you didn't answer your door yesterday.
I thought you just saw that it was me and hid.
Happy that you and the spouse are enjoying cheap meals.
Bring it!
Don't get me wrong, I do not want it to happen, but letting them bully is not an option either.
Does Putin have a stable enough safe room to keep our stuff away from him? Is he really tough enough to say he will die for his beliefs? I doubt that he is.