BREAKING: Based on this new article, @Everytown - the parent org of @MomsDemand - just filed a complaint about the @NRA’s tax-exempt status with the IRS, and is calling for federal and state investigations into the NRA’s operation as a charity. https://www.newyorker.com/news/news-desk/secrecy-self-dealing-and-greed-at-the-nra …
In addition, @Everytown is calling on the IRS, Congress, and state charities regulators to investigate the @NRA, its officers and board members to determine if a pattern of financial mismanagement and self-dealing is so pervasive as to jeopardize their tax-exempt charity status.
According to the article, former senior employees raised alarms about sketchy payments, side deals, and conflicts of interest costing the NRA millions of dollars, and memos were uncovered that describe enormous expenses not disclosed on the @NRA’s past tax filings.
The article also exposes that while the @NRA only disclosed payments to its marketing and PR firm, Ackerman, of $20 million annually, its 2017 tax filings show the true sum reached MORE THAN $40 MILLION IN ONE YEAR, or 12 percent of the NRA’s total expenses.
Some of that money went to pay the more than $1 million salaries of Wayne LaPierre, Dana Loesch and Colion Noir, as well as LaPierre's good friend, Tony Makris, whose companies were paid $8 million by the @NRA for NRATV production (THEY DIDN'T GET THEIR MONEY'S WORTH 😂).
In addition, @NRA Foundation President Wayne Sheets was paid $710K as a consultant in 2017. His contract stipulated monthly consulting fee to be paid “regardless of the number of consulting hours provided,” and he received “an additional $240,000 in ‘expense reimbursements.’”
Bottom line: A small group of @NRA executives, contractors, and vendors have extracted hundreds of millions from the nonprofit's budget and mismanaged funds without board oversight, jeopardizing the organization's tax-exempt status.
All the while, the organization has been begging for dollars to fund their grift. And its spokeswoman, Dana Loesch, who is being paid over $1 million a year via Ackerman, the @NRA's media consultant, is suing the IRS to avoid a $100,000 tax delinquency. https://www.law360.com/articles/1151057 …
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