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Yes. And then after many years, the appreciated land is sold for a profit.
by xnx 9mo ago
Yes. And then after many years, the appreciated land is sold for a profit.
- ars 9mo agoA profit for who? It's a non-profit. If the sale netted extra money it goes back to the people who donated, or to another non-profit.
- xnx 9mo agoNon profits pay salaries.
- Hikikomori 9mo agoPastor, I mean the church, needs a new Ferrari.
- tstrimple 9mo agoThe Mormon church has nearly $300 billion dollars in assets, mostly land. "Non-profit" indeed.