Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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Just a moment... |
#18
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I'm more interested in how the PGAT is a not-for-profit with tax exemption status.
They just gave billionaire Tiger Woods $35 million dollars this year for their fake PIP program. Player Impact Program. In total, they handed out over $100 million dollars to 10 players with this program. I don't know why churches are also tax exempt yet the Vatican is filthy rich. Heck BLM is a not for profit and the leaders bought multi-million dollar mansions. The whole IRS agency is a joke and desperately needs an entire overhaul. |
#19
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And on this subject the IRS needs all the money which was allocated to enforce the rules and collect all the taxes that are due. As long as taxes are being collected we need an agency to collect all the many taxes in force. Wait times are ridiculous. You can't get through on the main line for days. When you do get through it's a 45-90 minute wait. The IRS CPA hot line has the same problem. Though I'm glad I haven't had a client audited in 20 years it shows the lack of audits and the loss of potential income. Yes there are areas in the IRS that need overhaul. We certainly don't need politicians from either party using the IRS for going after their opponents. Congress needs to pass laws preventing this from happening,
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams |
#20
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It’s an absolute shame that this happens as it casts doubt on the legitimacy of the many great and well intended non profits out there. But the moral of the story is that not all non profits are created equal, so do your research and carefully select the ones to support. Lastly, I have no idea about the specific entity being discussed in this thread, it very well might be one of the good ones. |
#21
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In three years there are additional IRS forms to file to support that the organization has indeed acted as a charitable organization. Interesting that if the 501(c)(3) designation is revoked ALL donations - even past years - are considered not charitable - non deductible - and amended returns are required to be filed.
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams |
#22
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#23
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Seems to me many/most posters want to pay the minimum tax themselves, but everybody else should pay the maximum!
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#24
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A Not-for-profit that makes no money generally goes out of business the same as a For-profit that makes no money.
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#25
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I.R.C. § 501(c)(6) — Business leagues, chambers of commerce, real-estate boards, boards of trade, or professional football leagues (whether or not administering a pension fund for football players)… |
#26
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#27
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Great Post
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If that's not enough, consider the future expansion plans in the south. The developer has laid out an entirely new city that will be built-out over the next 20 years. All this is being done with private money. I've never understood the people who post critical, if not derogatory, comments about the Morse family. I will always be amazed that a family-owned business could have the foresight, skills, and dedication to do what the family has done with The Villages. The family deserves the millions they have made. Anyone who is bothered by their financial success needs to consider the risks the family has taken and the incredible risk they are taking with the expansion of The Villages in the south. (Having laid all this praise on the family and the management, I still would like to know who approved the color palette for the houses being built in the south) |
#28
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1) The developer (family, sales, marketing, construction divisions) has little to do with the day-to-day management and maintenance of the community, this is all done by a combination of the district staff, recreation department, district property management, entertainment department, and the CDD government. Once a facility or community is completed, even if they still own it (e.g. Everglades, Ezell, Franklin RCs, executive golf courses south of 44, pitch & putt, etc.) the operations and maintenance are turned over to the entities mentioned above and the costs are paid and/or reimbursed by the developer to these departments. The commercial properties are operated by a separate developer owned company, here again the "family" doesn't get too involved except in the big decisions. 2) Someone who is color blind and has never felt the joys of using a bag when viewing the fruits of their labors picks the colors. Just close your eyes (not while you're driving please) and take a deep breath as you pass by.
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Don Wiley GoldWingNut (a motorcycle enthusiast not a gilded fastener) Village of Hillsborough www.goldwingnut.com YouTube –YouTube.com/GoldWingnut and YouTube.com/GoldWingnutProductions Carpe diem quam minimum credula postero Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. - Thomas Paine, 1/10/1776 |
#29
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Don, I had no illusions about the Morse family personally managing every aspect of running The Villages. What they have done is to create a city and set in place the various entities required for it to operate.
Perhaps, the biggest contribution of the earlier members of the Morse family was the foresight to structure the city as a series of "villages" which bestows a sense of community among the residents. The next biggest contribution is the continuity of the houses and the infrastructure. Yes, the houses have grown larger over the years as TV moved north to south. However, the basic design has remained the same down to details such as the streetlights. The next biggest contribution was the development of the "town squares" to centralize the businesses both for the convenience of the residents; providing access by golf cart; and, the simple pleasure of being able to drive from Spanish Springs to Paddock Square without having to see convenience stores and fast food restaurants. Instead, you see roundabouts surrounded by beautiful flower beds, oak trees dripping Spanish Moss, manicured lawns, lakes (ponds), and golf courses. This is the first thing that is remarked about by every visitor we have hosted. |
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