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In Reply to: About Elderhaven & the Family posted by Oldtimer on January 19, 2005 at 12:26:30:
There is no much difference between for profit and not for profit except by the type of reporting and bottom line. Just because it is not for profit it doesn't mean they aren't making money. It has good advantages, including not having to pay taxes on much of the income. The administrators can still make money, even more now because there is more to go around since they don't pay taxes. The notion that a no for profit business is does not make money is fiction.
