On June 8, 2011 the IRS
released information that over 275,000 nonprofit organizations have lost their
tax-exempt status for failing to file an information return with the IRS in the
last three years. This represents 16% of the entire nonprofit sector in the
United States.
Again, “This represents
16% of the entire nonprofit sector.” This is a staggering number when you
understand what it means. Think of it this way. Imagine 16% of all U.S corporations
not filing tax returns, not paying taxes and not showing the government what
they do including what they do with the money they collect.
Yes, it’s correct that nonprofits
pay no taxes but that still leaves the two more important questions, what do
they do and what they do with the money they collect?
Back in the mid ‘90s
during the Clinton Administration, the expansive use of nonprofit organizations
by liberals began, and it grew into a major conduit for funneling public monies
back and forth. The liberal left with their contrived causes like ACORN and
other front groups have used these organizations to collect monies from unsuspecting
philanthropists, governments and political operatives.
What they do is take a
contrived tax deduction on their personal and corporate tax returns. Many
liberal politicians over the years have used these organizations to hide ill-gotten
monies from campaign funds, government grants and loans that were never
intended to be paid back. A simple way of looking at this process would be to
compare it to a money laundering operation by the mob. But, they not only laundered
the money, they fraudulently acquired the monies. So, as you can see there’s a
good chance that the majority of this 16% have done just that, not to mention
that another 20% do the same thing but file fraudulent information returns.
Now that you have an
overview of what’s going on, here’s what it means to you and our country.
When the Obama Administration
started writing checks, which they haven’t stopped doing since January 2009, from
the money you send in from your taxes, these organizations are the recipients
of that money. They simply deposit the government check into the organization's
account and then drain the account by disbursing the monies to their operatives tax free. They then refuse to file information returns that would show the fraudulent
transactions and after a few years of doing this they abandon the organization
to just start up another the next day doing the same thing.
Billions of your tax
dollars are being wasted annually and sent to political criminal operations in
plain sight. As a matter of fact you just may have voted for one of these
criminals. But, one thing is for sure; as this criminal activity expands it
very well will strangle our entire private sector leaving us with a corrupted government,
corrupted economy and a corrupted people. – N.P.Contompasis
A final note - In the mid '90s I sat next to the now Governor of California Jerry Brown on a nonstop from D.C. to San Francisco. He proceeded to talk my ear off about how great these nonprofits will be for the Democrat Party.
If we only knew then, what we know now?
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