[ SHOWGSD-L ] Re: As you were

  • From: "pcooke212@xxxxxxxxxxx" <pcooke212@xxxxxxxxxxx>
  • To: showgsd-l@xxxxxxxxxxxxx
  • Date: Mon, 23 Feb 2009 00:10:41 GMT

Non-profit does not mean that there can be no profit.  It means that the net 
bottom line excess left over when all expenses are paid or accrued (which ALL 
businesses aspire to in our capitalistic society) are not distributed to 
shareholders/owners/partners, etc. as taxable earnings.  Non-profits frequently 
have surpluses; for-profits frequently have profits.  Earnings may not benefit 
individuals in non-profit organizations. 

We also are one of the wealthiest PC's in the AKC.

Paula, 232 days and counting

-- Evan wrote:
From: ELG440@xxxxxxx
Date: Sun, 22 Feb 2009 18:39:19 EST
Subject: As you were

.................................We are a non-profit corporation. The key is 
non..................

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