Treatment Abuse, Behavior Modification, Thought Reform > The Ridge Creek School / Hidden Lake Academy

Corporate Shell Games???

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Troll Control:
I'm not sure exactly how this stuff works, but could someone fill me in on why HLA is registered as two SEPARATE CORPORATIONS?

One is Hidden Lake Academy, Inc. - FOR PROFIT

The other is HLA, Inc. - NOT FOR PROFIT

How is this possible?  Sounds like a little shell game to me...

juniper2:
Are set up the same way....

Anonymous:
Hmmmm that is interesting.

I wonder how the IRS would feel about that little nugget?

Troll Control:

--- Quote ---On 2006-03-06 06:06:00, Anonymous wrote:

"Hmmmm that is interesting.



I wonder how the IRS would feel about that little nugget?"

--- End quote ---


I really don't know.  I don't know enough about the NFP corp's to comment, but I sure am interested in hearing from someone who does know about such things.

juniper2:
NFP/FP gray areas....there are strict rules
about how one goes about it(NFP)..SHifting money,
from one to the other...for example...

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