tazzygirl
Posts: 37833
Joined: 10/12/2007 Status: offline
|
Actually, sanity, you are being deliberately difficult. Either that, or you truly do not understand what a not for profit organization does and its difference from its for profit counterparts. Non-profits make up the majority of our nation’s hospitals and must meet a long list of governmental regulations. The most important, for our purposes, is the hospital’s use of its profit, or any excess of revenues over expenses, for the benefit of the hospital. For-profit companies may use their profits to distribute monies to their owners or shareholders, and they can also reinvest that profit into the business. Non-profits only have the latter choice, that is, they must invest all profits into the business. http://www.physiciansnews.com/business/707steinberg.html I think that is pretty simple. Simple enough for even you to understand sanity. Are you suggesting that cosmetic clinics, plastic surgery centers, ect, cannot be non profit? I assure you, this isnt the truth. For example... http://faces.sansumclinic.org/ Santa Barbara, Ca Copyright © 2005-2009 Sansum Clinic and its licensors. All rights reserved. | A Non-profit 501(C)(3) Organization | (800) 472-6786 x7844 Terms of Service Ever think that, maybe, just maybe, these Drs open such clinics to prevent having to pay out all the profit to a bunch of shareholders, opting instead to reinvest the profits back into the business in the forms of better equipment, higher salaries and benefits, among other things?
_____________________________
Telling me to take Midol wont help your butthurt. RIP, my demon-child 5-16-11 Duchess of Dissent 1 Dont judge me because I sin differently than you. If you want it sugar coated, dont ask me what i think! It would violate TOS.
|