BREAKING: The @NRA is in trouble - internally and externally. According to this new article, the lobbying organization’s tax transgressions are so egregious that their tax-exempt status may be in jeopardy. https://www.newyorker.com/news/news-desk/secrecy-self-dealing-and-greed-at-the-nra …
According to the article, filings for 2017 show that the @NRA paid its PR and marketing firm, Ackerman McQueen, and the firm’s affiliates more than $40M dollars THAT YEAR. Ackerman - not the NRA - employs Dana Loesch and pays her $1M annually. (Wayne LaPierre made $5M in 2015).
A former IRS official on the @NRA’s tax records: “The materials reflect one of the broadest arrays of likely transgressions I’ve ever seen. There ... appears to be the misuse of assets for the benefit of certain venders and people in control.”
The @NRA also spent millions on lavish events and marketing materials, with little oversight from its non-profit board. The NRA’s managing director of risk management wrote in a memo that “the NRA pays overbilled, deceptive, vague invoices to ‘preferred’ vendors and contractors.”
Bottom line: A small group of @NRA executives, contractors, and vendors have extracted hundreds of millions from the nonprofit’s budget. All the while, the organization has been begging for dollars to fund their grift.
You can follow @shannonrwatts.
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